ES Journal - 2021/2022

Discussion in 'Journals' started by Buy1Sell2, Dec 15, 2020.

  1. Long NQ 13386
    Stop 13360
     
    #1581     May 10, 2021
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  2. chillibean

    chillibean

    Usually a hard drop puts in V rally and rips up
    Lets see if the pattern continues
     
    #1582     May 10, 2021
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  3. NoahA

    NoahA

    Your trades have been extremely profitable the past month. So don't you expect to be caught at least once on the wrong side where even after a scale-in it continues to go against you?
     
    #1583     May 10, 2021
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  4. Added some.

    Risking 2,5 points targeting 4210 into the Close.

    EDIT: Stop B/E now.

    upload_2021-5-10_21-11-25.png
     
    #1584     May 10, 2021
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  5. I think he's among those who never continues to 'believe'. I do at times wish I was one of those.

    I'd be curious about position size, too. I know I couldn't have held through a 200 point drawdown with my position size.
     
    #1585     May 10, 2021
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  6. chillibean

    chillibean

    i expect a very bad day or 2 per month. But i'm confident in always coming out green. Even today i'd be green overall if I was to eat my loss on ES here (thanks to my dow longs today!). Not that i intend to close it here!
     
    #1586     May 10, 2021
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  7. NoahA

    NoahA

    I wish I was one of those as well. I do believe that that "math" of scaling in and buying dips works very well in a bull market, which we are clearly in. When the change happens, it will be interesting if switching to shorts is prudent. But bear markets of course also have the "rip your face off" rallies, so you can probably make it as a trader just going long in any market condition as long as you wait for good entries and have diamond hands.
     
    #1587     May 10, 2021
  8. newbie463

    newbie463

    long 96 small size
     
    #1588     May 10, 2021
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  9. NoahA

    NoahA

    I think its highly unusual for these markets to be so out of sync. I notice that YM had heavily dropped from its high though, but if you had some good profitable longs in there to offset the longs in ES so far that are losing, then that is awesome!
     
    #1589     May 10, 2021
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  10. Fair point. If trading only one side - the long side it is.
     
    #1590     May 10, 2021
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