ES Journal - 2017/2018

Discussion in 'Journals' started by Buy1Sell2, Dec 23, 2016.

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  1. L 2448
    target/TP 2468
     
    #2371     Jun 19, 2017
  2. dartmus

    dartmus

    stoploss?
     
    #2372     Jun 19, 2017
  3. Gotcha

    Gotcha

    Its the year 2000. Nobody has any stop losses in place.
     
    #2373     Jun 19, 2017
  4. that's what we call a 'free money' trade, lol! Congratz on your future winnings :)
     
    #2374     Jun 19, 2017
  5. JSSPMK

    JSSPMK

    I have ;)
     
    #2375     Jun 19, 2017
  6. Gotcha

    Gotcha

    #2376     Jun 19, 2017
  7. With the ES, stops are only for short trades :)
     
    #2377     Jun 19, 2017
  8. JSSPMK

    JSSPMK

    #2378     Jun 19, 2017
  9. Gotcha

    Gotcha

    Oh... the red and green lines. At first they simply looked like horizontal level lines since they travel across the entire length of the chart, but now I see the little squares which seem to appear at the same time of the entry. I understand that this trade will still net over 2x the risk, but its extremely gutsy with such a large stop and such a late entry. Also, given the large stop, the fact that its close to the previous low means that a dip just below that low could stop you out. In fact, you came within just a couple of points of being stopped out.
     
    Last edited: Jun 19, 2017
    #2379     Jun 19, 2017
  10. JSSPMK

    JSSPMK

    All above is correct. I'm risking 2units on this bet to gain 5. Slightly below my usual x3 reward.
     
    #2380     Jun 19, 2017
    murray t turtle and Gotcha like this.
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