ES Journal - 2019/2020

Discussion in 'Journals' started by Buy1Sell2, Dec 19, 2018.

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  1. Buy1Sell2

    Buy1Sell2

    A set of circumstances has presented itself and so I have entered long here in the afterhours. I look for good things.
     
    #15051     Mar 12, 2020
  2. Buy1Sell2

    Buy1Sell2

    I follow a self-designed system using prudent risk management which includes position sizing to lower risk especially when trading countertrend and playing bounces. I always follow the rules of my system especially when calculating stop out levels whether ot not they are hard or manual during overnight. During a trade, I control emotions such that I am not even "there".
     
    Last edited: Mar 12, 2020
    #15052     Mar 12, 2020
    Laissez Faire likes this.
  3. Spooz Top 2

    Spooz Top 2

    What exact “set of circumstances” developed ?
     
    #15053     Mar 12, 2020
  4. market is open to trade again
     
    #15054     Mar 12, 2020
    oraclewizard77 and SPYgrain like this.
  5. Sekiyo

    Sekiyo

    I am Short @ 55 ...
    Let's see

    SL 2485
    TP 2386

    Doesn't feel good.
     
    #15055     Mar 12, 2020
    theapprentice likes this.
  6. Sekiyo

    Sekiyo

    See more bids than offer ...
    Got out at 48
     
    #15056     Mar 12, 2020
  7. Sekiyo

    Sekiyo

    Gonna try to sell it higher.
    Btw 2520,2550

    Bids are too consistent to short IMO
    They bought the pull back towards 50

    We might do a rotation around POC
    2470, 2420, 2530
     
    #15057     Mar 12, 2020
  8. imjohn

    imjohn

    Stopped out of prior long? :D
     
    #15058     Mar 12, 2020
    speedo, Spooz Top 2 and FriskyCat like this.
  9. FriskyCat

    FriskyCat

    You're an easy mark. Back of the envelope math (with his nonsensical 10x intra-day leverage trades added in) suggest he imploded spectacularly in late 2018. Then again this time. As others have alluded, he just resets the sim.

    I'll make it real simple for you. When the market rallies a HUGE rally might be 5% in a month, now we get those in an hour (on the downside) and he buys each decline. Sorry, you can't overcome the math of getting chopped to pieces in a 50+ VIX market and make up for it in a sub 15 VIX market.

    Find a new guru.
     
    #15059     Mar 12, 2020
    speedo likes this.
  10. Spooz Top 2

    Spooz Top 2

    Very relevant Info... Mathematical certainty`s are just that.
     
    #15060     Mar 12, 2020
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