Jump to content

Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.

  • Welcome Guests

    Welcome. You are currently viewing the forum as a guest which does not give you access to all the great features at Traders Laboratory such as interacting with members, access to all forums, downloading attachments, and eligibility to win free giveaways. Registration is fast, simple and absolutely free. Create a FREE Traders Laboratory account here.

emg

Emini S&P 500 Day Trading Journal

Recommended Posts

out. profit 35pts. average price was 1097

 

ROTFLMAO... you are so predictable.

 

"oh you mean I didn't tell you I was SHORT ???"

 

"oh wait a minute, was it LONG ???? "

 

 

LOL

Share this post


Link to post
Share on other sites
ROTFLMAO... you are so predictable.

 

"oh you mean I didn't tell you I was SHORT ???"

 

"oh wait a minute, was it LONG ???? "

 

 

LOL

 

let me ask u this. were u trading live during late 2008 and early 2009?

Share this post


Link to post
Share on other sites
oh its real. make sure the emotion is controls

 

1 thing about many people do not understand is, do not open an account $5K in order to trade futures. $100K is the minimum to open a futures account.

 

Many people do not realize the risk involves trading in the futures market.

Share this post


Link to post
Share on other sites
1 thing about many people do not understand is, do not open an account $5K in order to trade futures. $100K is the minimum to open a futures account.

 

Many people do not realize the risk involves trading in the futures market.

 

if the fund managers are trading million dollar margins, why would a small traders trade with only $5000 in the account?

 

i would never trade any futures markets with less than $100K

Share this post


Link to post
Share on other sites
if the fund managers are trading million dollar margins, why would a small traders trade with only $5000 in the account?

 

i would never trade any futures markets with less than $100K

 

We will have more these kinds of days. Let me ask u this. where u there when the live cattles market went limit down 4 days in a row during the mad cow diease in 2003? Were u there when beans went limit up and down in 2005 every week? Were u there when the stock market crashed in 2008?

 

With less than $100K in the account, i am killed.

Share this post


Link to post
Share on other sites
so if it didnt rebound would you just keep averaging and averaging?

 

it will rebound. that is the nature. i first started trading in the futures and stock markets in 1981. In 1983, was the worst ever i experienced. I lost more than $300K all because i didnt believe the market rebound on a single day. i almost did that again in 1987 stock marke crashed. those lesson taught me the market will rebound, but at a great cost/loss

Share this post


Link to post
Share on other sites
it will rebound. that is the nature. i first started trading in the futures and stock markets in 1981. In 1983, was the worst ever i experienced. I lost more than $300K all because i didnt believe the market rebound on a single day. i almost did that again in 1987 stock marke crashed. those lesson taught me the market will rebound, but at a great cost/loss

 

look at the market now. it is past 1130s

Share this post


Link to post
Share on other sites
i guess why did you decide to go for +30 now as opposed to the +1's you have been taking?

 

because the market dropped so fast, it is not wise to go after 1pt based on the extreme extreme volitlity. when this happen, i decide to place my stop at breakeven and let it right up. my goal was to have the market hits my breakeven, however, it jumped 10pts past my breakeven less than a min, and i decide to keep my stop at breakeven.

Share this post


Link to post
Share on other sites

-83 pts at one point?

 

83 ES pts?

 

If it is real, then you got some serious confidence to hang on like that.

 

Probably easier to just post your blotter/statement so we can see how that trade looked.

Share this post


Link to post
Share on other sites
-83 pts at one point?

 

83 ES pts?

 

If it is real, then you got some serious confidence to hang on like that.

 

Probably easier to just post your blotter/statement so we can see how that trade looked.

 

Mr Brownfan, i have never seen u post any trades. why dont u post trades instead of stating your opinions?

 

The way i look at u now, u probably a teenager or a very young adult living in your parent basement critizing other traders trade, but never post live trade.

 

dont hide and post live trade

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


  • Topics

  • Posts

    • CVNA Carvana stock, nice top of range breakout at https://stockconsultant.com/?CVNA
    • GDRX GoodRx stock, good day, watch for a bottom range breakout at https://stockconsultant.com/?GDRX
    • Date: 14th February 2025.   Can The NASDAQ Maintain Momentum at Key Resistance Level?     The price of the NASDAQ throughout the week rose more than 3.00% to bring the price back up to the instrument’s resistance level. However, while taking into consideration higher inflation, tariffs and the resistance level, could the index maintain momentum?   US Inflation Rises For a 4th Consecutive Month The US Consumer Price Index, or inflation, rose for a 4th consecutive month taking the rate even further away from the Federal Reserve’s target. Analysts were expecting the US inflation rate to remain unchanged at 2.9%. However, consumer inflation rose to 3.00%, the highest since July 2024, while Producer inflation rose to 3.5%. Higher inflation traditionally triggers lower sentiment towards the stock market as investors' risk appetite falls and they prefer the US Dollar. However, on this occasion bullish volatility rose. For this reason, some traders may be considering if the price is overbought in the short term.   Addressing these statistics, US Federal Reserve Chair Jerome Powell acknowledged that the Fed has yet to achieve its goal of curbing inflation, adding further hawkish signals regarding the monetary policy. Other members of the FOMC also share this view. Today, Raphael Bostic, President of the Federal Reserve Bank of Atlanta, stated that the Fed is unlikely to implement interest rate cuts in the near future. This is due to ongoing economic uncertainty following the introduction of trade tariffs on imported goods and other policies from the Republican-led White House.   Most of the Federal Open Market Committee emphasizes additional time is needed to fully assess the situation. According to the Chicago Exchange FedWatch Tool, interest rate cuts may not start until September 2025.   What’s Driving The NASDAQ Higher? Earnings data this week has continued to support the NASDAQ. Early this morning Airbnb made public their quarterly earnings report whereby they beat both earnings per share and revenue expectations. The Earnings Per Share read 25% higher than expectations and Revenue was more than 2% higher. As a result, the stock rose more than 14%. Another company this week that made public positive earnings data is Cisco which rose by more than 2% on Thursday. Another positive factor continues to be the positive employment data. Even though the positive employment data can push back interest rate cuts, the stability in the short term continues to serve the interests of higher consumer demand. The US Unemployment Rate fell to 4.00% the lowest in 8 months. Lastly, investors are also increasing their exposure to the index due to sellers not being able to maintain control or momentum. Some economists also increase their confidence in economic growth if Trump can obtain a positive outcome from the Ukraine-Russia negotiations.   However, during Friday’s pre-US session trading, 80% of the most influential stocks are witnessing a decline. The NASDAQ itself is trading more or less unchanged. Therefore, the question again arises as to whether the NASDAQ can maintain momentum above this area.   NASDAQ - News and Technical analysis In terms of technical analysis, the NASDAQ is largely witnessing mainly bullish indications on the 2-hour chart. However, the main concern for traders is the resistance level at $21,960. On the 5-minute timeframe, the price is mainly experiencing bearish signals as the price moves below the 200-period simple moving average.   The VIX, which is largely used as a risk indicator, is currently trading 0.75% higher which indicates a lower risk appetite. In addition to this, bond yields trade 6 points higher. If both the VIX and Bond yields rise further, further pressure may be witnessed for index traders.   Always trade with strict risk management. Your capital is the single most important aspect of your trading business.   Please note that times displayed based on local time zone and are from time of writing this report.   Click HERE to access the full HFM Economic calendar.   Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding of how markets work. Click HERE to register for FREE!   Click HERE to READ more Market news.   Michalis Efthymiou HFMarkets   Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in Leveraged Products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.
    • LUNR Intuitive Machines stock watch, attempting to move higher off 18.64 support, target 26 area at https://stockconsultant.com/?LUNR
    • CNXC Concentrix stock watch, pullback to 47.16 triple support area with bullish indicators at https://stockconsultant.com/?CNXC
×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.