ES Journal Archive (2011)

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

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  1. DanS

    DanS

    Macho, macho man.
    I've got to be a macho man.

    Now run along kids, and play in the street.
     
    #6021     Jun 9, 2011
  2. volente_00

    volente_00

    AKA. Those that run DEMTDAYBOYZ algos. :)
     
    #6022     Jun 9, 2011
  3. I stopped...for the morning at least. I will wait now. I made about 20pts starting mon of last week. I have done well when it ranges. I have just waited until overbought oversold and I am good with PA as long as it is not moving aggressively.

    I do have a problem trying to call tops. The ES really gives you a lot of time and chances to get in. I have to be more patient to catch these larger moves.

    It is hard to go from 3-5 tick stops looking for 2-3pts to a 2pt stop looking for 10pts. It is a different animal. And sometimes I find my self trying to combine and that is a losing proposition. I either need to scalp or swing but not both.
     
    #6023     Jun 9, 2011
  4. futuman

    futuman


    Not the first time you cancel the order just moments before it would have been filled!
     
    #6024     Jun 9, 2011
  5. Man all this bickering... I miss when LF would fire away trades all day!

    Edit: Also when Vol makes great trades and speaks of mojitos!
     
    #6025     Jun 9, 2011
  6. ammo

    ammo

    spx hit the 94 area,no es volume spikes big enough to suggest reshorts coming in
     
    #6026     Jun 9, 2011
  7. ammo

    ammo

    uvol dvol still trend day
     
    #6027     Jun 9, 2011
  8. ammo

    ammo

    small double top in trans no pullback tho
     
    #6028     Jun 9, 2011
  9. when/what time is the earliest objective detection (of trend day) from that chart?.
     
    #6029     Jun 9, 2011
  10. dadog

    dadog

    One of the hardest skills to develop is finding that balance between the swing and scalp mentality. Either of these can bias the other negatively. If you are good at something, keep trading that until it's perfected w/o bias.

    Once you feel comfortable venturing into another area of trading, in your case, larger moves. Then move forward. The minute you see that mentality affecting your "core" strategy, drop it. Since you may have to correct more than just financial damage.

    I don't recommend swinging for the fences (picking tops and bottoms.) Focus on your strategy. A large percentage of the people at the bottom or top are people who have been stopped numerous times and now dug themselves in a hole and feel they "need" to catch the move to "makeup" losses.

    It's very good you stopped and posted your frustrations, use the forum to your advantage. It'll help you reflect and build on your trade.
     
    #6030     Jun 9, 2011
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