ES Journal Archive (2011)

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

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  1. Visaria

    Visaria

    It's called a stop loss order :cool:
     
    #21251     Dec 8, 2011
  2. :D
     
    #21252     Dec 8, 2011
  3. Visaria

    Visaria

    You're da man, Larry! :cool:
     
    #21253     Dec 8, 2011
  4. op ex mechanism - no magic.

    if too many puts are bought at 1200 zone, next week may be range bounded drifting between 1210 upto 1250.
     
    #21254     Dec 8, 2011
  5. We have a nice Motley crew here, welcome!
     
    #21255     Dec 8, 2011
  6. Thanks for the welcome. I guess I'll see you folks tomorrow and keep you posted on my trades.
     
    #21256     Dec 8, 2011
  7. Lol. I don't think we will have to worry about that for quite some time especially if Euro Union breaks apart.
     
    #21257     Dec 8, 2011
  8. GordonTheGekko

    GordonTheGekko Guest

    Considering how many faces were ripped off in that last 20 mins, you did well. Not that 1 point is allot...:p:):D
     
    #21258     Dec 8, 2011
  9. Don't you get the inkling that emg is trading a lot of contracts?
    Imagine 100 cars for a point :D
     
    #21259     Dec 8, 2011
  10. He does not trade like that.

    When he posts his entry selection, thats when he gets short or long, he does it without a stop, in the direction of his supposed entry.

    When it goes the wrong way and cancels, thats when he takes a loss.

    When it reaches his target and later claims 1 point profit, thats when he exited, at the supposed entry.

    Other time he might exit green close to the target/entry if we didnt get there.

    Doing the above is positive expectancy as Ive been doing it myself exactly as stated above. Took me a while to figure him out, but I did, thank you emg for taking the time.

    FoN
     
    #21260     Dec 8, 2011
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