yeah, no worries, been down 500K intraday before. family is heavily long been buying last few weeks, net shares.
Revised PT1 is 1475.25. Imagine doing this back in the days when you had to phone your broker, and then he had to phone the floor trader...
FWIW, this works well sometime, but sometimes you can get chopped on a fake break and end up with 2 losses. Since ES spends a lot of time chopping and retracing you have to be careful. Mbusch, I noticed you have a lot of trades go in your favor, but then they get stopped out. Have you ever considered taking half off the table at that way the winners don't turn into a loser ?
There's gold in them there sentences. The thrill of catching the mega move. Hands down, this is the best advice on ET.
Yes. In fact, I specifically beat myself up yesterday when I was short and the price met my PT1 and I got greedy and decided to try to hold out for PT2. Stupid, stupid, stupid!
if dow pushes up to 350/400 level.....i`ll be looking for a powerfull reaction. the dow loves to paint the pic on their charts so i would`nt be surprised to see it set up. this setup mirrors the 1510 ultimate sell on ES....that gave a quick 14 handle move & was the beginings of the 10% downside move.this setup usully provides a quick/sharp reaction. i`ll be in mexico next week to recharge my batteries,which are fried.....so good trading next week to all.