ES Journal - 2017/2018

Ok---here we go! Let's see if 2550 holds. Low of the night is 2560. We're down 85 points in 3 hours.

 

I bet you're doing well today...you've been waiting on this one for a while.

 

I would think that this is likely the bottom of the move for tonight and quite possibly for quite a while.

 

False

 

Long day trade 2574.00 Initial stop would be outside circuit breaker so not placed.

 

I believe the ES circuit breaker is 5%, which would be triggered at around 2476, I think. So, your stop is larger than 100 ES points?

 

I have it calculated higher than that, but I have adjusted my position size to handle a large point loss. I don't want out while I sleep tonight.

 

Hate to break it to Buy1Sell2, but this is not an orderly pullback.

 

That's one of the reasons I like this thing long.

 

Hmmm, very interesting to look at your trading today.

Did it ever occur to you that today was a big down day? You were constantly counter trending and lost again and again.

Flexibility and open-mindedness are two essential traits of a successful trader.