Kudos to MMs

Discussion in 'Chit Chat' started by nitro, Oct 23, 2008.

  1. nitro

    nitro

    Out 1191. +2.
     
    #2461     Nov 15, 2010
  2. nitro

    nitro

    "It is not how things are in the world that is mystical, but that it exists" - Ludwig Wittgenstein, Tractatus logico-philosophicus
     
    #2462     Nov 15, 2010
  3. nitro

    nitro

    FV 1195.00. SPX 1,187.89.

    Edge is ~7. No swing edge, but slight daytrade edge.

    L ES 1185.50

    Instinctively, I expect this position to suffer to 1179 ES, since 1182 SPX (and therefore 1179 ES) is such a strong attractor, but the system must be followed.
     
    #2463     Nov 16, 2010
  4. nitro

    nitro

    Out 1189.50 +4
     
    #2464     Nov 16, 2010
  5. nitro

    nitro

    L ES 1185.50.

    This one is almost guaranteed to suffer. I __must__ follow system.
     
    #2465     Nov 16, 2010
  6. nitro

    nitro

    Out 1188 + 2.50

    I think I am fortunate, but I have begun to think about why my instinct may be off. I still have emotional baggage from all my years of watching and trading ES. The system is far more sophisticated than even my instinct, and includes rules that I simply did not know at any time in my trading life until very recently.

    No wonder firms want people that have never traded before...
     
    #2466     Nov 16, 2010
  7. nitro

    nitro

    FV 1193.16. SPX 1,190.59

    No edge.
     
    #2467     Nov 16, 2010
  8. nitro

    nitro

    L ES 1184.00
     
    #2468     Nov 16, 2010
  9. nitro

    nitro

    We knew suffering would come sometime, no? 25 years of experience counts for something. Still, good chance of getting out at least B/E on this trade.
     
    #2469     Nov 16, 2010
  10. nitro

    nitro

    FV 1188.32. SPX 1,180.38.

    FV has been dragged down with SPX.
     
    #2470     Nov 16, 2010