ES Journal - 2017/2018

Might be one or two days early. I suspect resistance in this area near 2300 and dow 20k

 

For day/scalp trading I strictly go one lot per 10k of funds, long term commodities from 0.5 to 1% risk of the acct to find how many, stocks 1% of acct. It has changed much since have gotten older to half of what I use to risk, much more conservative.

 

10k of account value or 10k of TLNW?

 

Short 10 X margin. 2293.50 Initial stop 2295.25

 

S 92.00

 

s 92.50

 

out at 93

 

One lot for every 10k in the that account.

 

Long 2293.50 Initial stop 2289.00

 

Consolidation day not surprising after two trenders.