Held a long when should have sold. Wasted two or so hours thinking it would come back. Finally pissed off reversed lost money but made most of profit back. At closeout +46.50 NQ points per contract. Probably should have been +80.
Yes, it was a nice easy day.....2 major moves all day on ES....first chop then up, chop again and then down......I somehow avoided all the chop this time.......fills up the kitty and the cat...me!
the reason no one is stepping forward is cause they shot all their bullets last night talking trash about how long they were going to get tomorrow...Notice there was only one guy who said he was looking to short in the first hour and he was ridiculed with "trend is your friend" jargon...
actually days like these are the hardest to trade... IBM up 2.48 premarket and during the first 20 minutes, which blows past most peoples understanding of gap theory trading, like fading, follow through, and extending the gap... so what do you do? do you risk your shirt, pants, nerve and guts and short it? do you fool yourself into thinking that there's more upside and buy it? do you do nothing and kick yourself for not having 2020 backward vision? tough call either way you slice it
thank you Magna for providing me this opportunity to gloat and flaunt myself in the most pretentious way. +28 NQ today!! (intradday trading at its best ) Hello!! It's Banked!! CA CA CHINGO!!!!!!!!!!!!!!!!!!!! heh hehe oh baaabbby!! WHO'S YOUR DADDY!!?? ME! That's who!