Made some tweaks...
then took some licks in futures today. Let's see... here's the summary:
ES: -7.25 points
ER2: -1.2 points
Got smacked up and frankly... I deserved it. In any case, I saw the error in my ways and hopefully corrected them. No equities today either (not that I didn't try).
This day will cease to exist in my mind... brrrrzzzz (there, wiped clean). Wait... who am I???
Posts
12 comments:
I had a very similar day in equities. I fought the trend like a dumbass all day long. I was like that snotty nosed kid and the market was the bully. The market beat me down and I got back up to show it I had no quit in me. After about 3 failed trades, I finally gave up. I feel tired today.
Maybe it was the blog nazi post from yesterday. In any event I too wish to erase this memory. Can borrow your brrrrzzzz?
lp: brrrzzzz... there. Blog nazi? Doesn't ring a bell. :)
Ouch, well at least the 7 pt. loss was in ES and not ER2.
OONR7. made nice money on amazon today..
keep up yor good work.
jamie: tell me about it. What's worse is that I should've had a 6 point gain in ES and no trades in ER2. Live and learn.
FWIW, of the 25 gap ups if you bot the 1/30" break you would have made profit with 17 of 19 charts with 2 b/e and the other 6 didn't break. Interesting. MA was one that did break!
The good news to all this rant is I'm up 50% on my Cfc Jan08 $ call I bot last week!
OO: I was able to get 2 scalp from ES, one for 0.5 and one for 0.25, still break of my rule on forcing these trades.
As of stock, my scanner give out signal at KSS 5th bar on 15 min chart, for somereason I didn't trade it and end up scalp USG..
I guess we open with a lower open and then reverse, that's making lots of us confused. All the signals I got from the program were buy and I just ignore them and using my two eyes looking for short.....
i had so many gap downs on my scans, that i increased the spread to OR price 5% below yesterday's low, but i still have over 55 gap dows versus about 12 gap ups. funny thing though, the gap ups looked strong, and after about 1/2 hour alot of the gap downs looked kinda bullish and were well into filling their gaps & trading above their ORHs. i saw all the failed gap downs and started hunting for reversal trades. hit CIT as it broke above 27.05 (Tom C had a trade like this recently). unfortunately, i missed the almost immediate gusher to 28.5-+ b/c i screwed up the stop-loss entry. good planing, good adjustment, bad execution. all-in-all, im "seeing" the market very well and the scnas are working. once again, the extraordinarily high volume gap downs (there were a couple i think) followed through; one was CDNS (Cadence or sumtin like it).
Entrecote again. It must have been so good you forgot to post Friday's results. Hmmm rare red meat.
I made mojito mint chicken today. Hmmm hmmm good. You need to share more of what's good in Latin foods once in a while.
Have good weekend buddy.
LP
mojito mint chicken?? I like that. I especially like without the mint chicken. My mother-in-law is coming to visit in March and she's quite the chef of Latin foods. She'll be making a lot of arroz con pollo, fricase de pollo and arroz con maiz (with chorizo bits for flavor). She also makes a killer Spanish tortilla with eggs and potatoes.
Oh my...Christmas in March
Post a Comment