ES Journal - 2019/2020

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

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  1. Sekiyo

    Sekiyo

    Long 1MES 2861
    Target 76-84
     
    #22101     Apr 28, 2020
  2. hafez50

    hafez50


    How about after an 11 yr super bull you fall 35% and maybe pretty please stay down a few months not 5 weeks later you erased 65% of the drop
     
    #22102     Apr 28, 2020
    Picaso likes this.
  3. Sekiyo

    Sekiyo

    Helicopter money won’t work forever.
    One day is going to be doom’s day.
     
    #22103     Apr 28, 2020
    Relentless and syswizard like this.
  4. Sekiyo

    Sekiyo

    Short 2MES @ 72 ... (68+76)
     
    #22104     Apr 28, 2020
  5. Exactly. Once systemic bankruptcy's start, it's going to be unstoppable....even with the Fed's support.
     
    #22105     Apr 28, 2020
    Spooz Top 2 and Sekiyo like this.
  6. Sekiyo

    Sekiyo

    We’re making Head and Shoulders on 1 and 5 mins
     
    #22106     Apr 28, 2020
  7. tiddlywinks

    tiddlywinks

    Why?

    Monetarily it doesn't matter... Margin is uniform whether you go long or you go short no matter what the entry price or spread.

    Soooo, what difference does it make how long the market "stays down"? Actually, it might be helpful if you define what "stay down" even means. According to you, "65% of the drop" has been erased. That means the market is down 35%.

    I'm with Overnight... jeez!
     
    #22107     Apr 28, 2020
  8. hafez50

    hafez50


    Whens that one day? I've been hearing that for 20 yrs? lol. Unless you can time it you can't profit
     
    #22108     Apr 28, 2020
  9. Sekiyo

    Sekiyo

    Quant easing isn’t 20y old
    Buy OTM put no need to time.
     
    #22109     Apr 28, 2020
  10. hafez50

    hafez50


    65% of the total 35% drop has been erased. We made back 2/3rd's of the total loss. Why the amount of time we stayed down matters greatly is simple. It means few felt any real pain. By that i mean if we stayed down 1-2 yr's it means many people will have to take real loses and feel real pain. Few people felt real pain because just like 90% of the time we bounced back in 1-2 months .Risk assets that yield 10% a yr like buying the index have had little to no risk for decades as we always bounce back quick. One day we'll stay down for along time and test peoples "love" for stocks. lets see if they love them if there down for yrs
     
    #22110     Apr 28, 2020
    EON Kid likes this.
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