ES Journal - 2016

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

  1. Allen3

    Allen3

    what does TDFJIP mean?
     
    #2191     Nov 7, 2016
    Buy1Sell2 likes this.
  2. Buy1Sell2

    Buy1Sell2

    Trade disregarded for journal integrity purposes
     
    #2192     Nov 7, 2016
  3. Buy1Sell2

    Buy1Sell2

    First off, the market was trading at 2107 when he said he was long at 2097. In addition, no stop was posted. Therefore, TDFJIP.
     
    #2193     Nov 7, 2016
    Allen3 likes this.
  4. Allen3

    Allen3

    Thanks. I think I get what your saying about TLNW that others tend to be obtuse about. Trading account to cover margin requirements is only a small portion of your over all wealth. Being wiped out in trading account has very little impact on over all wealth and quality of life. Is this the gist?
     
    #2194     Nov 7, 2016
    Buy1Sell2 likes this.
  5. Buy1Sell2

    Buy1Sell2

    Very much so with one caveat--Proper risk management should keep the trading account from total wipe out as well.
     
    #2195     Nov 7, 2016
    Allen3 likes this.
  6. Buy1Sell2

    Buy1Sell2

    Thanks for getting it--Few do
     
    #2196     Nov 7, 2016
    Allen3 likes this.
  7. Allen3

    Allen3

    Following rules you set up to protect yourself seems to be the biggest hurdle for me. That and my perfectionist need to be right.
     
    #2197     Nov 8, 2016
  8. short 77.25
    stop 82.25
     
    #2198     Nov 10, 2016
    bloom davies likes this.
  9. covering 62.5
     
    #2199     Nov 10, 2016
    Buy1Sell2 likes this.
  10. big mac

    big mac

    Been reading your journal for quite some time and I like what you are doing here. I, too, trade eminis, and would like to contribute to your thread, if you don't mind.
     
    #2200     Nov 15, 2016