ES Journal - 2021/2022

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

  1. Drop to 20 or lower from here if ~ 30 doesn't hold. Need a strong pop or consolidation on the Open.

    I'm a bag holder long from 34,50. Will scratch it for a loss around 26/27.
     
    #2341     Sep 1, 2021
  2. chillibean

    chillibean

    overcooked? Fed bounce soon?
     
    #2342     Sep 1, 2021
  3. im a bag holder from 37, only difference is I don’t take losses anymore until it approaches 5 figures
     
    #2343     Sep 1, 2021
    Zodiac4u, mervyn, NoahA and 1 other person like this.
  4. NQ ripping, so, still a bag holder and even added a few as support on 25 held. :)

    Not too excited about the upside today. Just trying to get out of a bad trade. Maybe 40. Maybe.
     
    #2344     Sep 1, 2021
  5. Small stops add up. On average, my execution isn't good enough to use them, so I prefer to have some breathing room if I'm trading minimum size and have a good grasp of the day ahead. The exception is if I size up. Have to respect your stops then.
     
    #2345     Sep 1, 2021
    Builder17 likes this.
  6. market just doesn’t drop. Why should I use stops when every dip is bought
     
    #2346     Sep 1, 2021
    Zodiac4u likes this.
  7. Some volatility. Will probably stop out below 20 and rather re-enter. 1st trading day of September is generally not that bullish. More of a mixed picture. NQ ripping is helping today.
     
    #2347     Sep 1, 2021
  8. Dropped 130 points going into 19th of August. With the leverage I'm using - I'd be toast through such a drop.
     
    #2348     Sep 1, 2021
  9. yah I’ve been down to 1 contract, and just buy 10-30 point dips and book 20 points. I barely even actually trade anymore. Unfortunately today I decided to buy the highs
     
    #2349     Sep 1, 2021
    Builder17 and Laissez Faire like this.
  10. 50 % dip buyers showed up both on NQ/ES.
     
    #2350     Sep 1, 2021