ES Journal Archive (2009 - 2010)

Discussion in 'Journals' started by Jahajee, Jan 1, 2009.

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  1. Lol what happened to all the bears on here yesterday? If people concentrated on the long side instead of the short side like airways they'd make 10 times as much.
     
    #42601     Oct 20, 2010
  2. emg

    emg

    1point profit
     
    #42602     Oct 20, 2010
  3. Brandon, if you went long 10 years ago you are negative.
    Can you explain me why is trading from long side more profitable, please?

    It is necessary trade from both sides. I can not imagine anybody sucessfull daytrading just from one side.
     
    #42603     Oct 20, 2010
  4. emg

    emg

    plan on going long 1187.75
     
    #42604     Oct 20, 2010
  5. Picaso

    Picaso

    Nice

    So far a trend day.
     
    #42605     Oct 20, 2010
  6. Interesting.
    That means that 1187.75 is pretty much a certainty from following your posts.
    Why not just go long here at 1179 for 8.75 points of profit when it gets there?
     
    #42606     Oct 20, 2010
  7. volente_00

    volente_00

    Because it is more fun to target 1 point without a stop loss.


    :D
     
    #42607     Oct 20, 2010
  8. Picaso

    Picaso

    It doesn't work like that. We may get there <i>or not</i>; his theory is that <u>if</u> we do, we will pull back one point.

    Edit: hey, Vol, you have to admit that's way more exciting! :D

    Edit 2: holy cow, Pholeun! You're right, we're taking Emg's strategy for granted! :D
     
    #42608     Oct 20, 2010
  9. This is new type of trade. All previous emg trades were exhaustion contratrend trades, this one is breakout trend trade...
     
    #42609     Oct 20, 2010
  10. I see, although i've seen lots of his posts and he has an uncanny ability to call the market, even though he seems to play it really badly.
    It very very often goes to his limit order.
     
    #42610     Oct 20, 2010
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