ES Journal - 2019/2020

I was getting ready to respond to him, but you brought up the point I was going to make...

@Buy1Sell2 You stole my idea, trading long without stops! Welcome to the club!

Yer storming the bear's castle, since you seemed to have taken a 100 point or so drawdown on yer latest swing.

 

That's just a catastrophic fail safe area. The idea is to move that area up and then catch the reversal down when it happens.

 

People pointing out that retail are getting very bullish, what about Dec 2017 after a 25% run up over the past 12 months after theTrump election, Dec gave another 15%.....wasn't everyone already bullish after the 25% orderly climb to Nov 2017?

I could give many more examples, Just pointing out that the end of bull markets can be very one sided

 

I will cover my shorts when we hit your reevalution area in the next 80 days

 

SPX has 100 points of upside and 400 of downside from current level

Caveat emptor

 

but 80% chance of rising vs 20% of falling, caveat venditor.

 

And it may be more likely that there is an 80% chance of a 400 point rise and a 20% chance of a 100 point drop.

 

Already have the stock, ready to move

 

Hey B1....

 

interesting how the march NQ contract is trading slightly higher than december, but for ES march is lower (like normal). never noticed that before