ES Journal - 2023/2024

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

  1. Nice entry. You might just get lucky on that one.

    While we sold off a bit today, I don't think it was enough technical damage to negate new highs be end of this week.
     
    #2041     Feb 8, 2023
    Cessna06P likes this.
  2. themickey

    themickey

    Because I'm guessing with small moves, narrow days it's not ideal for day trading, you guys like wild swings. :)
    Wild swings are found at tops and bottoms, a slow grind up, mmmm, I'm expecting to hear the complaints. :)
     
    #2042     Feb 8, 2023
  3. Personally, I don't like it too wild. As long as it moves. :)

    However, I don't see volatility calming down anytime soon. Was that your prediction?

    According to @schizo things are going to get really wild some time later this year. I have no idea, but there seems to be too much going on in the world to see any price stability in the near foreseeable future.
     
    #2043     Feb 8, 2023
  4. themickey

    themickey

    Predictions are kind of futile, especially long term.
    The way I work, I can feel the current sentiment and plan around that.
    For me, there are times to be in and times to stay out.
    Right now I'm polar opposite to Ken, he's "go bears", I'm thinking "go bulls".
    The bear market of late is over imo, we've seen double bottoms, mkts are rising.
    The initial phase of climbing out of a bear mkt is slow, apprehension, low volatile.
    Once dumb money click on, then we see much later the parabolic climb.

    Edit, but not dumb money should pile in on top of dumb money to rake in.
     
    #2044     Feb 8, 2023
    formikatrading and Laissez Faire like this.
  5. Buy1Sell2

    Buy1Sell2

    Prediction totally wrong----Maybe I had the day incorrect.
     
    #2045     Feb 8, 2023
    vanzandt likes this.
  6. Buy1Sell2

    Buy1Sell2

    4100 floor holding for now.
     
    #2046     Feb 8, 2023
  7. Buy1Sell2

    Buy1Sell2

    Underwearer?
     
    #2047     Feb 8, 2023
    Cessna06P likes this.
  8. Cessna06P

    Cessna06P

    lol, it is creeping up so good so far and hopefully it gets creepier.
     
    #2048     Feb 8, 2023
  9. Buy1Sell2

    Buy1Sell2

    Double Entendre for the reader in Rio Linda
     
    #2049     Feb 8, 2023
  10. Cessna06P

    Cessna06P

    lol, a Rush fan. May he be in bliss.
     
    #2050     Feb 8, 2023