ES Journal - 2019/2020

Spooz Top 2 · Apr 8, 2020

hafez50 said:
To be fair in 1989 at age 27 i had about $400k to start with. I was a top insurance salesman and lived at home and saved every penny . So i never struggled like many guys . In 1990 during the persian gulf buildup to the war in Jan 2001 i had been killing it . I stacked huge shorts into the first shots fired. I remember Japan was down 1000 pts and i said yes i'm going to mop up. Stayed up all night and Jan slowly ripped off its lows and turned green. I was helpless as i owned stock and had to wait till the open. We opened up huge and i lost like $55k. It was my first moment of " The mkt doesn't have to fall on bad news". That stuck with me and taught me my first lesson i never forgot.
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I had a feeling you were a trust fund baby!

hafez50 · Apr 8, 2020

2 more at 2727. Perfectly happy building a B1

theapprentice · Apr 8, 2020

theapprentice said:
L 2720
stop at 12
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out +11

Noone123 · Apr 8, 2020

CL spiked, definitely helped the markets higher...for now.

schizo · Apr 8, 2020

Short 33

SL 36

hafez50 · Apr 8, 2020

Anyone ever recall the mkt giving back a such a massive intraday gain and gaining it back the next day?

syswizard · Apr 8, 2020

theapprentice said:
L 2720
stop at 12
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Winner, winner, chicken dinner.

SPYgrain · Apr 8, 2020

hafez50 said:
Anyone ever recall the mkt giving back a such a massive intraday gain and gaining it back the next day?
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no, why I thought it would sell more after yest close..

theapprentice · Apr 8, 2020

SPYgrain said:
no, why I thought it would sell more after yest close..
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you weren't the only one. Most in here were looking for a big sell off today after yesterdays action near teh close. We all got it wrong lol.

theapprentice · Apr 8, 2020

SS 2730
stop 37.5