ES Journal - 2023/2024

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

  1. Buy1Sell2

    Buy1Sell2

    What time frame chart do you use?
     
    #3531     Mar 31, 2023
  2. Buy1Sell2

    Buy1Sell2

    15 min chart today---
    upload_2023-3-31_17-55-44.png
     
    #3532     Mar 31, 2023
  3. Spooz Top 2

    Spooz Top 2

    So you actually started trading... after what... 7 years here?
    I still have my doubts....
     
    #3533     Mar 31, 2023
  4. Overnight

    Overnight

    It was this...
    schizothesisreversal.JPG

    You were pretty sure we'd hit HOD, and you typed that in mid-afternoon. But then you decided to go short anyway.
     
    #3534     Mar 31, 2023
  5. Overnight

    Overnight

    Read through the thread. I cannot help you if you do not understand timestamps, and cannot actually read. *shrugs*
     
    #3535     Mar 31, 2023
  6. Buy1Sell2

    Buy1Sell2

    I have moved to the 15 min chart almost exclusively for day trading.
     
    #3536     Mar 31, 2023
    Spooz Top 2 likes this.
  7. vanzandt

    vanzandt

    All that, and he missed "The Izzy Bottom Too" way back in 2020.

    ------

     
    #3537     Mar 31, 2023
    Spooz Top 2 likes this.
  8. vanzandt

    vanzandt

    Nooo noo no... You called it a month later.
    I was here.
    But it was still a great call.
    Not so much the call, but the hard-headedness that as things progressed, things would keep going up.
     
    #3538     Mar 31, 2023
  9. virtusa

    virtusa

    I know someone who was like that too. I say "was" as the final result was that he went broke and lost $10MM in just one open position ES.
    First he started to average down his price. After that he received several margin calls. So he added new margin... till all margin was gone and the broker closed his position. At that moment the size of his position was 2,100 contracts ES ( in fact it was 210 contracts, but the jumbo ones at $500 a point, so 10 times the size of ES).

    There are limits to the positive impact of hard-headedness.

    I understand that Buy1Sell2 is well aware of thet risk and has limited positions.
     
    #3539     Apr 1, 2023
    Buy1Sell2 and vanzandt like this.
  10. My God. That was a strong trend day higher to close the quarter.

    Did anyone else feel that the markets changed this week? Slower pace. Slower volatility. And buy the dip seems back in vogue with only shallow retracements.

    Should be interesting to see if this continues or if we'll initiate a new leg down once as have been the case for the last 1 1/2 years following these rallies.
     
    #3540     Apr 1, 2023
    Builder17 likes this.