Adding 2 more short at 1699. So, total of 6 short ES 2 from 87, 2 from 94 and 2 from 99. Buytocover order for 2 at 1694 and 2 at 1690.
1) covered 2 from 1699 at 1694 for total of 5*2 = 10 points. 2) covered 2 from 1694 at 1690 for total of 4*2 = 8 points. 3) covered 2 from 1687 at 1687 for breakeven. So, total points = 10+8 = 18 = 900 USD Account equity = 36,750 + 900 = 37,650 USD. Flat currently.
Back to the long ES position. Long 2 contracts at 1700 if debt ceiling danger passes without much problem, I would be looking to buy ES and add on each pull-back and move-up with the year end target around 1800.
Added 3 more contracts at 1693, already have 2 from 1700 long. So, total of 5 cars long. EDIT:Adding 2 more at 1690, so total of 7 long cars.
out of 2 at 1698 from 1690. Booked PL = 2*8 = 16 points = 800 USD. Still have 5 long contracts, 3 from 1693 and 2 from 1700 long.
First, it needs guts and a very different trading style to be able to hold till 1800 In my real trading, I am mostly an intraday trader Also, that 1800 target applies only if markets remain kind of ok and 17th (debt ceiling date) is behind us. If there is a turmoil, I will take the loss and exit the 5 lots that are still on.
out of 3 more contracts from 1693 at 1703 for 10*3 = 30 points = 1500 USD. So, total booked PL on this trade till now = 1500+800 = 2300 USD. still have 2 long contracts from 1700.
out of these 2 contracts at 1711 for 11*2 = 22 points = 1100 USD profits. Total PL = 2300+1100 = 3400 USD Total Account value = 37,650 +3,400 = 41,050 USD