ES Journal - 2023/2024

Discussion in 'Journals' started by Buy1Sell2, Dec 6, 2022.

  1. christhesquid

    christhesquid

    :D
     
    #13241     Oct 9, 2024
    flash crash and Laissez Faire like this.
  2. Zwaen

    Zwaen

    At the close (eow)?
     
    #13242     Oct 9, 2024
  3. Sekiyo

    Sekiyo

    No one's hearing 5781 ?
     
    #13243     Oct 9, 2024
    Picaso likes this.
  4. flash crash

    flash crash

    I'm going to get an ES 6100 coffee mug made once this take profit order gets filled.

    upload_2024-10-9_14-21-4.png
     
    #13244     Oct 9, 2024
  5. Up and Up and UP and Up. Nothing can stop this force. Nothing is getting passed the V force. HOD close guaranteed. Gap up tomorrow guaranteed. Sit back, relax and watch this risk free market go to the moon.
     
    #13245     Oct 9, 2024
  6. Today's Open was a get rich in one day type of Open. :)
     
    #13246     Oct 9, 2024
  7. I'm pre-occupied with my soul sucking day job for the next few weeks, so taking a small break from trading as I find it very hard to combine the two as soon as I'm working beyond 100% in the day job.

    A major sticking point I'm adressing moving forward is to eliminate all low-quality/low-conviction trades. I really want to be able to trade only when I feel I have very high confidence in where the market is going. I may solve it partially by simply trading very small (1-2 MES) if I feel the urge to participate.

    A perfect example is right now. The market made a big move on the day already and is stuck in a range in top of the range. Shorts are vulnerable due to the strong trend up. Longs are vulnerable, too, since we already made a big move.

    Other personal examples would be generally trading the Asia Open in normal volatility (usually a terrible session - exception is if the market sold off sharply) or multi-tasking with the day job + trading.

    There's an interview of a trader named Amrit Sall in Unknown Market Wizards. It may very well be the best interview in the entire series. It's pure gold. I recommend checking it out.
     
    #13247     Oct 9, 2024
    donnap, Relentless, vanzandt and 4 others like this.
  8. QTrader20

    QTrader20

    You already missed the 1st leg of bull (yesterday morning) and the 2nd leg (this morning). The question is how do you know when to catch the 3rd & 4th leg when it comes? Hints: these two legs usually happen AH as I've seen hundred times already....
     
    #13248     Oct 9, 2024
    Sekiyo, HawaiianIceberg and Picaso like this.
  9. Picaso

    Picaso

    We'll miss you. Pay the bills, be nice to your boss and bid your time :D
     
    #13249     Oct 9, 2024
  10. christhesquid

    christhesquid

     
    #13250     Oct 9, 2024
    c1rcle, Laissez Faire and Sekiyo like this.