ES Tuesday 2-3-15


  • 3
  • NewKid
  • 2-Feb-2015 at 10:57 PM
  • Rep: 16.5k
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Bands for the day. Good luck to all.
Click image for original size
iv020315
  • 0
  • sharks57
  • 3-Feb-2015 at 11:21 AM
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  • Posts: 470
Another obstacle is this 28.75 area
  • 0
  • sharks57
  • 3-Feb-2015 at 11:22 AM
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  • Posts: 470
Out at 27.25 on a retrace
  • 0
  • NewKid
  • 3-Feb-2015 at 11:25 AM
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what made you get out sharks?
  • 0
  • sharks57
  • 3-Feb-2015 at 11:27 AM
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  • Posts: 470
My trade management skills are terrible
  • 1
  • sharks57
  • 3-Feb-2015 at 11:30 AM
  • Rep: 2,760
  • Posts: 470
New Kid
Not wanting to give back too much profit I guess, I don't scale out, trade small.

Price action might have gotten me out anyway after a failure around 2029.00 which is VWAP on my chart.
  • 1
  • NewKid
  • 3-Feb-2015 at 11:31 AM
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FWIW, you came within one tick of the VPOC
  • 0
  • NewKid
  • 3-Feb-2015 at 11:32 AM
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we are still one time framing lower..
  • 0
  • sharks57
  • 3-Feb-2015 at 11:34 AM
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I find managing a winning trade is harder that managing a losing trade.
  • 0
  • NewKid
  • 3-Feb-2015 at 11:40 AM
  • Rep: 16.5k
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i have had trouble with both so you are at least 2x better than me!

Originally posted by sharks57

I find managing a winning trade is harder that managing a losing trade.
  • 3
  • sharks57
  • 3-Feb-2015 at 11:50 AM
  • Rep: 2,760
  • Posts: 470
A losing trade is more defined with a protective stop,

While a winning trade can be set up in many ways. You can scale out, you can be all in or out, or you can trail a stop.

Having a profit objective is the key, manage the trade accordingly is all you can do.

Then move on to the next trade. Just my trading advice for the day.
  • 1
  • pants
  • 3-Feb-2015 at 3:34 PM
  • Rep: 100
  • Posts: 30
Bruce...very cool of you to post those vids and thanks for the explanation of the greenies.
I'm kinda drinking through a fire hose with the profile stuff, but getting the hang of the areas to watch for.

Thanks again!!
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