ES Journal - 2016

Discussion in 'Journals' started by Buy1Sell2, Dec 24, 2015.

  1. Buy1Sell2

    Buy1Sell2

    Again I remain short here with the same stop
     
    #1591     May 24, 2016
  2. "VERY" Bullish looking... Unless there is a drop today. Especially as the H & S is at risk. So many shorted that BEFORE it confirmed on a closing basis.
     
    #1592     May 24, 2016
    Buy1Sell2 likes this.
  3. Ya I honestly dont see what bears see.
     
    #1593     May 24, 2016
    Buy1Sell2 likes this.
  4. I was long NQ yesterday but stopped out overnight... Suffered a few long stopouts so too gun-shy and of course blast-off.. So much reversion in indexes. The best time to get into positions may just be overnight.
     
    #1594     May 24, 2016
    Buy1Sell2 likes this.
  5. Buy1Sell2,

    I think your trailstop failed you again, you were deep in profits, now back in heat, how you let this happen is a mystery to me.

    This market is on its way to new highs, I sincerely hope you dont wait til then to take your stop.
     
    #1595     May 25, 2016
    Buy1Sell2 and slugar like this.
  6. What one trader considers "deep profits" is not the same as another. He may be trading Weekly/monthly charts.. The lack of a chart or description of trade context doesn't help.. Now IF he didn't make a killing in January/February THEN I think there is a problem.

    I remember reading the Douglas books and there is part I didn't think important at the time.... Your mental bias can make you see whatever you want to see, ignoring what is ACTUALLY happening. My small stop in NQ a couple of days ago is me not accepting anything is possible on the long side.
     
    #1596     May 25, 2016
    Buy1Sell2 and Spooz Top 2 like this.
  7. In that case the stop is placed incorrectly because its getting hit.
     
    #1597     May 25, 2016
    Buy1Sell2 likes this.
  8. Yes.. some fear of loss in the stop placement...
     
    #1598     May 25, 2016
    Buy1Sell2 likes this.
  9. mm2mm

    mm2mm

    This is gonna be a short squeeze day - i feel it.
     
    #1599     May 26, 2016
  10. Late to the party...Tues and Wed were textbook short squeeze days...
     
    #1600     May 26, 2016