There's gonna be a lot of action on DXCM today Max. Wait for the base... if it reverses its gonna soar. $45.40 now. ZGNX too (action-wise).... up 145% lol
Hey guys, sorry ive been lazy in this journal, i am shifting the way i trade with more capital, so thats going to take my time now, im not getting many responses now anymore anyways, sorry but im going to take a couple months to change the way i trade, i dont want to lead people off the cliff when im trying to adjust myself, so unless there is any objection, im going to take a couple months to figure my own stuff out then ill be back. Dont want to make people think im losing money, just that i need to change the way im trading based on more capital. Thx everyone for all the contributions in this thread, i promise i will be back in a couple months once i adjust, ill still look here from time to time, but im not going to keep it up to date, but if anyone else has questions dont hesitate to ask, im more than willing to help.
Thx again guys for ll the positive responses, ive been getting alot of people saying i should keep going on this, so ill just analyse terrible/sweet trades and put more into it if thats cool with everyone. This morning I was "Gung Ho" about hitting the market hard as soon as i woke up, as i had been out of town for a few days so when i saw the ES crack hard before i even hit my desk, this morning i had dollar signs in my head. I shorted the ES heavily once it rolled at like 7:00 this morning, which wasnt necessarily a "terrible" trade, but where i ran into trouble is that i thought the ES was going to melt down all day, so i added on the way up, and then i even doubled up as it was blowing through the top to that point. All of this is not even that stupid up until this point but where i really short my dick off was when it was chopping around just over 2550......... I Said it to myself and also told the guys i chat with, "I know the ES is about to pull a "douche" move and stop people out over 2552. So what does the ES do right off the open? Puts in a 5 point stop out move to clean everyone out. What fucked me on this move hardcore, is that i didnt listen to my own intuition, i knew the move that was coming right off the open, i called it out, and i let it happen anyways..... all because i didnt want to miss the down move. So then after almost top ticking it, i convinced myself to chase the down move a second time, because i thought if i called what was happening off the open i must be right. Needless to say it didnt end pretty, the second time i shorted even lower, lost just as much. And the bottom line was the ES was obviousy setting higher lows. I was just fighting a move that wasnt there. I dumped more than 3k before the market even opened, i was doing a happy dance after that when my PNL showed +10 bucks at one point cause it was such a stupid fight. I will try to draw up this scenario so it makes sense to aspiring traders, Thx for the kind responses, and sorry guys for not keeping up on this but it takes alot of time to chop charts and explain it properly, but i will try to do this one, and will try to throw in all the ones that are the most meaningful, cause i guess some people are actually getting value from this.