ES Journal - 2023/2024

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

  1. i think everyone is waiting for 5200-5400
     
    #6681     Feb 23, 2024

  2. Of course you're waiting for that because you guys don't really intra-day trade at a high level. You use time, account size/position size and the natural bullish bias of major US equities as your way to turn a profit.

    There's nothing wrong with that and it's smart. The issue I take is how you guys pretend like you can intra-day trade at a high level and offer your advice to people that are looking to actively intra-day trade. If you guys truly wanted "to help people and share" you wouldn't do that crap. It makes no sense to do that and it's disingenuous.
     
    #6682     Feb 23, 2024
  3. Relentless

    Relentless

    Why?
     
    #6683     Feb 23, 2024

  4. There's the high probability day trader setup completed. I have a runner on.

    Have a great weekend.
     
    #6684     Feb 23, 2024

  5. This entire move months ago started from the WEEKLY going into a brand new buy signal, which shows a lot of large capital committed. That last push down we had looked decent and probably tricked a lot of people into thinking correction was coming. Since it got stuffed there's no where to go but up at least temporarily because now shorts are trapped again.

    Also no person who manages retirement accounts, funds or even family offices will likely sell yet, if they miss out on future gains they look dumb. If the market crashes they can just feign ignorance "no one saw it coming" plus most of their colleagues will be in the same position.

    So there's no reason to sell. I'll repeat it ad nauseam most "traders" and "investors" are using time and natural bullish bias of major US equities to turn a profit. That really is it.

    Some people take it a step further to go more into trading by also using account size / position size with a little more skill than just buying and holding.
     
    #6685     Feb 23, 2024
  6. Buy1Sell2

    Buy1Sell2

     
    #6686     Feb 23, 2024
    Lespaulr0cker and Picaso like this.

  7. getting closer still...

    [​IMG]
     
    Last edited: Feb 23, 2024
    #6687     Feb 23, 2024
    vanzandt, schizo, Picaso and 2 others like this.
  8. L 5092
     
    #6688     Feb 26, 2024
    beginner66 likes this.
  9. schizo

    schizo

    Short 83
    SL 87
     
    #6689     Feb 27, 2024
  10. mervyn

    mervyn

    why, atr is 2.5, idk how one can make money today.
     
    #6690     Feb 27, 2024