I unfortunately have to give him credit on this one. I can perfectly see what he meant. You have one position at A, and a second position at B, in the same direction. Ninja combines the two into an average, but there could be software out there that does not combine the two to an average, but rather shows them as separate entries. At least, I can see this in my head as being a real thing. You have one short entry at 10,000, you have another short entry at 11,000. The two show up as two different positions on the charts. Because I can see this in my head, I have to grant B1S2 clearance on this one. (Guys, that is painful to admit, but truth is truth. *shrugs* Painful is also getting tossed off of a bridge by a corrupt cop in the 1970s, but I digress. )
Even more painful is getting run over back and forth by corrupt cops. It happened. Good ol' gritty NYC. What a fun place back then.
Special accounts? lol. Where and with who? Hint: the only charts he's ever posted here come off of investor.com or finviz.com. Not once has he ever posted a chart that originates from an actual trading platform. So the idea of some "special type of account" is highly unlikely. The idea of any account at all is a bit suspect too imo... but we'll give him the benefit of the doubt. In a retail account I know for a fact, if I'm short 5 contracts in that account (we'll call this B1's 'swing trade').... I cannot do an "intraday" trade long trade... without those 5 contracts being flattened out in the process. Assuming the same contract. I guess he could be short shares of SPY and trade ES long intraday, or even hold puts on the mini... but the idea of him having an open position short on the ES that he calls his "swing" position and claim that in the same account he is going long intraday without affecting that short position... is complete bs. Yeah but you missed one thing... its NOT in the same direction.
Mmm, last time I exacted trade info from him he said he was in two separate shorts, on two different time frames. He had a swing short at A, and then went into another "intraday" short at B. I can see that being possible. But the journal is hard to follow. So what positions does he claim to be in now?
I believe @Buy1Sell2 posted on Friday that he is still in his "swing short." Not sure which one that was, though.
But intraday long and outta day short in the same account lol You clearly missed the fact that my tongue was firmly planted in my cheek.
Nooo lol... I caught that. I knew what you meant. I actually wrote that in case some other passer-by's might get confused. Although in all honesty I did have to think about it for a second... I was like "am I missing something? Is there a way I can set up a special feature in my account to do this that I've never seen before? Took about 1/2 a second. ... Naaaaa".
I'm new on here so I ask... do all journals get taken on off-track tangents? I thought journals were a record of entry & exit trades, normal threads for discussions, no?
This isn’t your regular everyday run-of-the-mill journal ... this is the greatest financial publication on the whole world wide interwebs! But you’re new here, so how would you have known that? But now you do ... now if you would follow along here in the ES journal for a while you’d learn that far from having strayed off topic, everything you have read has followed a natural and organic path of intellectual growth and journalistic integrity.