One trader's "loser averaging loser" is another trader's scale-in according to some pre-conceived plan. I myself am not a proponent of adding to a position that is not showing me a profit, and others do it successfully as a matter of routine. @Spooz Top 2 seems to be suggesting we adopt an "if you can't say something nice don't say anything at all" approach here. This entire forum could use more of that approach. Trading is a tough activity and the pressure to perform can be immense. I cannot believe any of us come here to for additional criticism.
Well, then SPOOZ is new to this thread, which is version 3 of something that has been going on for what, 10 years? JESUS! Shit all over the guy who liked to think he had a relationship with vanz and knew what he was about. I do not recall ever seeing vanz adding into a losing position on an equity index. WTF dudez! K, I apologize! I AM SORRY! I AM SORRY ADDING INTO A LOSING POSITION IN AN EQUITY INDEX TRADE BY VANZ IS SACROSACNT AND SHOULD NEVER HAD TAKEN ANYONE BY SURPRISE! Holy SHIT! P.S. It is worth remembering that this is not an ES forum. This is a single ES trading thread owned by B1S2. So when certain people call me out for bringing up futures trades on an ES forum should check their head.
Should clear 3300 this week, IMO. Remains to be seen if it gets sold or not. But this market is looking for any excuse it can get to go higher. From a technical perspective - we can easily test the ATH as soon as this week. Taking off the risk here. Not interested in holding with a wide stop with economic ### coming out pre-market.
Lol, I knew what he meant Spooz. No worries here, that's just ON being ON. ET is full of characters, thats what makes it so entertaining. I had logged out or I would have written back. The 3276 was just in case it did one of those little Sunday night spikes before the big players wake up. The 3288 was where I penciled in it would keep going. We're almost there. The call was good for ten points at one point either way, albeit I suspected more.
Gm all. Today I’m thankful for being able to trade on my phone. Cqg app makes futures trading easy on iPhone. I’ve always been a 930-1030est Pooper. This always caused me problems when trading and taking a dump. Now it’s no longer an issue. Now my dumps are relaxing rather than stressful and rushed ! On another note, not expecting much volatility or good movement today. Take a handful of points and run
Brought my 4 month old upstairs to change her really quick. Long position was up 1 point. Soon as I put her down, was up 5 points. Quick $1k. Life is good. Looks like some needs to be donated to college fund. Funny thing is she just pooped also