ES Journal - 2019/2020

Discussion in 'Journals' started by Buy1Sell2, Dec 19, 2018.

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  1. Well, you got to take what the markets give... if you are buy the dip trader, buying y'day dip could have given you 50 or so S&P pts, is that too small for you?

    If 50pts is nothing then I guess you took the whole of 2017 off as 5 to 6 pts in a day was all the market gave all year. Do the maths, even a market that crawls all year, a buy and hold investor gaines on average 500pts on the year, a trader that takes 5 or 6 points every day can triple that. so even 5pt move is not "nothing". Besides, you can scale... if you want 50pts profit on a near flat market then do 5 contractracts at once. If you're waiting for the 100pt dips to tade, you might well be buying into a correction unless a black swan caused the dip (a TA signal might not differentiate between the 2)
     
    #11821     Oct 4, 2019
  2. I see we are back to rainbows and lollipops.
     
    #11822     Oct 4, 2019
    noddyboy likes this.
  3. noddyboy

    noddyboy

    I see you are back
     
    #11823     Oct 4, 2019
  4. speedo

    speedo

    zzzzzzzzz
     
    #11824     Oct 4, 2019
  5. FriskyCat

    FriskyCat

    Rickshaw's absence in Q4 2018 was well-timed, no reason to give him guff about it. He learned his lesson from Q1 2016 when he tried the gimmicky overnight magic trades and market was in a similar acute decline.
     
    #11825     Oct 4, 2019
  6. Wise people talk less, are silent more, and listen more than those lacking wisdom.
     
    #11826     Oct 4, 2019
    Zodiac4u likes this.
  7. It is better for a man to remain silent and be thought a fool, than to open his mouth and remove all doubt.

    :)
     
    #11827     Oct 4, 2019
    Handle123 and FriskyCat like this.
  8. vanzandt

    vanzandt

    Another banner day for this "bear market that started in March".
     
    #11828     Oct 4, 2019
    volente_00 likes this.
  9. speedo

    speedo

    Some wouldn’t know a bear from a tomato.
     
    #11829     Oct 4, 2019
    Handle123 likes this.
  10. Let's call it a snake market... it sneaks up on you, gives you a hell of a bite, then stares at you in defiance.

    or

    A fox market... can outsmart you every time with its quick moves
     
    Last edited: Oct 5, 2019
    #11830     Oct 5, 2019
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