ES Journal Archive (2011)

Discussion in 'Journals' started by Buy1Sell2, Jan 3, 2011.

Thread Status:
Not open for further replies.
  1. why should u have taken profit ? you said u wanted to wait for 1329. Which is it ? take profit or wait.
     
    #1591     Feb 15, 2011
  2. Picaso

    Picaso

    Based on what? On the end result?

    Don't do that to yourself, Laissez Faire.

    Next.
     
    #1592     Feb 15, 2011
  3. With the risk of overtrading, short @ 1323,50. Stop @ 1324,50.
     
    #1593     Feb 15, 2011
  4. Yes. Based on the fact that price were stalling at higher levels, but since I could not stay at the computer and believed in upside potential after lunch, I stayed with the trade :) Not saying I might have done differently if I was with the computer.
     
    #1594     Feb 15, 2011
  5. Picaso

    Picaso

    Many signals & many trades --> no overtrading

    One single trade without a signal --> overtrading

    If you see it, go for it, but if you're just pissed off because you were stopped out on your previous trade, well...
     
    #1595     Feb 15, 2011
  6. Price stalled. Covered @ 1324.

    3 relatively small losers in a row. Will enjoy a cup of coffee before I enter any more trades tonight. Might be done.
     
    #1596     Feb 15, 2011
  7. just a bit of advice, but you were getting in these moves too late.

    I was short @1325.75. Shorting before the majority of the trend starts lets you manage the position better.

    Just an FYI. I'm no guru, but I do ok :)
     
    #1597     Feb 15, 2011
  8. I`m aware :)

    I usually don`t suffer from this during the market open (which I seldom trade), but I tend to chase more than I should in the afternoons.

    I guess my desire for profit disrupt my clarity of observation a little too much at times ;)

    Btw, I posted you a few questions earlier in the CL thread. Not sure if you saw them before you went on your little trip ;)
     
    #1598     Feb 15, 2011
  9. Yeah. I might have been chasing a little too much this afternoon.

    My second trade where I reversed my loser before my stop was hit had a pretty nice entry, but my exit was flawed.

    Since I only took 0,5 point loss on my last trade, it`s no biggie.

    But yes, it should be avoided to begin with.

    I just tend to press for more than there is on these slow range days. And that`s a recipe for disaster when trading the ES :)
     
    #1599     Feb 15, 2011
  10. volente_00

    volente_00

    S



    30.5


    orders at 31.5


    and 32.5



    stop is 34.5


    Target is 27.5





    Looking to enter longs between 25 - 27.5


    Target will be 38
     
    #1600     Feb 15, 2011
Thread Status:
Not open for further replies.