ES Journal - 2019/2020

Long 2343.25 Initial stop 2315.00

 

The USA is already in a recession. Didn't you get the memo? You do not need to wait for economic data to show it to you.

 

Yup, there she went again, with all her hysteria, she just had to back-pedal at 2365.

 

Like you believed me when I said 20% drop in the stock market is a precursor to the big R word?

 

We had a 20% drop in Q4 2018, that did not lead to a recession. This thing is a 30%+ drop, in a very short amount of time, with people who cannot leave their homes. This is a recession, lol!

 

God, IB is so annoying with all the margin increases. Now it's 27k initial margin for 1 contract from 22k last week. Like the market will move 540 pts a day.

 

Out at 2357.00 for gain of 13.75 pts.

 

Strong strong afterhours intraday buy right here.

 

I don't get it. You said to hold winners long and cut losers early. You have been taking winners quickly and hold losers all the way from down.

 

They are simply responding to the CME increases, and adjusting accordingly as compared to their own risk parameters. CME has been spitting out Equity margin updates every couple of days now for two weeks.