ES Journal - 2019/2020

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

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  1. Adjusted to 18.75.

    No rally today it seems. Just a slow grind higher as is to be expected on holidays.
     
    #30691     Dec 28, 2020
    Buy1Sell2 and EON Kid like this.
  2. themickey

    themickey

    Mkts are not a walk in the park during Santa.
    Faint whiff of negativity ahead.
    Dog-nose.jpg
     
    #30692     Dec 28, 2020
    Buy1Sell2 likes this.
  3. Overnight

    Overnight

    You smell negativity because all wildlife in Australia is trying to kill you. I was going to post something last night about that in your thread with the mountain bike, but got distracted. I'll see if I can muster up the memory of what I was going to post there, lol.
     
    #30693     Dec 28, 2020
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  4. By my estimation, we are in a potential reversal area. Trigger area 3715 to 3725, depending on how aggressive I want to be. Another idea would be to scale in as each level is breached and or fade rallies. Tight stops should be sufficient. More specifics as far as timing on a bigger stimulus payment would be my biggest short term concern.
     
    #30694     Dec 28, 2020
    Buy1Sell2 likes this.
  5. Liquidated the entire position at 29,75 for a total gain of 109,75 / 5 contracts = 22 points per contract.

    I was planning to hold the position with my stop @ 23 in anticipation of a 3650 touch, but apparently my broker did not accept the cash in my main account as margin for those contracts and I was maxed out on my beer money account.

    This was probably my last trade for 2020.

    upload_2020-12-28_23-33-31.png
     
    #30695     Dec 28, 2020
    Buy1Sell2, Builder17, EON Kid and 2 others like this.
  6. Overnight

    Overnight

    That's 5 grand man! Green is good! Well done! Now go away and let some of us have some points too. *rude gesture*
     
    #30696     Dec 28, 2020
    Buy1Sell2 and Laissez Faire like this.
  7. MES, so only beer money. :)
     
    #30697     Dec 29, 2020
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  8. 22 points x 5 mes is $550. If you spend $550 on beer, you got some serious issues :D
     
    #30698     Dec 29, 2020
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  9. themickey

    themickey

    hold-my-beer.gif
     
    #30699     Dec 29, 2020
  10. I'm in Norway, remember. Alcohol is very expensive here. :)
     
    #30700     Dec 29, 2020
    Buy1Sell2 and formikatrading like this.
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