ES Journal - 2019/2020

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

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  1. good thing u would be playing with other people money. u need to get out of that stage, next stage will be of an experienced consistent trader when u r wrong u took a calculated risk and managed it and no regrets, if u r right then it will be as per your trade plan.
     
    #9671     Jul 26, 2019
  2. speedo

    speedo

    Long 23 1/2 02 1/2 stop 26 tgt
     
    #9672     Jul 26, 2019
  3. nickynoes

    nickynoes

    Using other peoples money is the best, if Im right I make money, if Im wrong I dont lose money. Whats not to like? I have traded my own account in the past and ran a $45000 up to $97000 and down to $7000 in 4 months, that was painful, and fun..
     
    #9673     Jul 26, 2019
    tenny1886 likes this.
  4. Dude.....I don't see the "fun" in losing that much money.....that was a 93%+ decline in equity.
    How did it occur ? Poor win rate ? Huge losing trades (i.e. lack of stops) ?
     
    #9674     Jul 26, 2019
  5. was it a big draw down, were u holding swings or just daily losses in the past ofcourse.
     
    #9675     Jul 26, 2019
  6. nickynoes

    nickynoes

    Sarcasm doesnt translate well into text, it actually sucked. It was the start of my day trading career, got caught up in the bull market and held like 5 contracts through the whole drop at the end of january 2018.
     
    #9676     Jul 26, 2019
    Utah likes this.
  7. your all FOS and your posting it here :)
     
    #9677     Jul 26, 2019
  8. nickynoes

    nickynoes

    Still holding my 2 shorts with an avg of 23.5 btw
     
    #9678     Jul 26, 2019
  9. That explains everything. Wow, 5 contracts ? You were really levered to-the-max.....and in the wrong direction.
    Why did you continue to hold those losing positions thru a great bear move / retracement ?
    It appears you went "myopic"...long-only thinking.
     
    #9679     Jul 26, 2019
  10. nickynoes

    nickynoes

    Beautiful view outside my "office" today. Shame I'm such a bad photographer.

    Screenshot_2019-07-26-19-11-38-587_com.miui.gallery.png
     
    #9680     Jul 26, 2019
    vanzandt and Utah like this.
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