ES Journal - 2023/2024

So are you telling me that I should have gone for 60 point stop (or no stop at all)? I don't think so.

 

You are probably trading bigger size because of your shorter time frame. I keep my size within limits that I can swing trade.

 

While I got in short at 23.50. And look, it's dropping already. Just saying.

 

amazing live call there @schizo
Target?
I'm in from before you. They nearly stopped me in fact. Still might!

 

If that is what your trade plan called for then you did good

 

Well, Schizo you came in at the 61.8 ish fib area!!!

 

On the other hand if you tried to pick a top because it was "overbought
" or some bull shit, then not so good

 

Out 15.50

 

All I'm saying is that Fib is too damn abstract. It might work or it might not work. It's 50/50. Why would you want to trade with something like that?

 

I agree, personally could never find good use of them, apart from 50 of range.