ES Journal - 2019/2020

Changing exit to 2455 to play to dip and bounce to 2480.

 

Dow is up 1.25%, Nasdaq and SPX lagging today.

 

Looking for long again. Quiet today here.
Long at 2420.

 

Just need to keep above 2385 here.

 

handing money back to the markets today lol
I've had an amazing 20 day run. Don't wanna give it all back, so maybe take a break and wait until the market starts respecting my TA again

 

30 min H&S looking ominous ... sitting on the NL & 00

 

Chop day today for sure. If going higher, it's a slow grind. Let's see if we can end green today.

 

The greatest trade a trader can make many times is sitting on their hands . I've had an incredible 4 weeks and as we all know trading is all mental. If you get chopped around it destroys your mojo and your not ready for the next big move as your attitude is negative. I've reduced my size big here and am just scalping some small cheese till i see the makings of another big move one weather long or short

 

I.e. looking for a long to test today's high

 

So true. One of the professional traders I've been fortunate to talk to says that there are times when he can stay out of the markets for hours if things are not clear and if he's not getting a signal.

I got chopped up yesterday and it was partially because I was not patient/selective enough about my entries.

So, it's a lesson I'm still learning...