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ES 12-22-08


INTERESTING OPENING COMING UP!
if all this crap fails in here im looking for 63.25
quote:
Originally posted by feng456

9 losers in a row for me lol...never had so many. this is a new record.



feels like my option buying lately!
l 1 @ 73.25
resting order @ 75
quote:
Originally posted by feng456

9 losers in a row for me lol...never had so many. this is a new record.



Whats your daily loss limit Feng?
VO, what does stoned mean?
well at this point i dont have one...what shud it be?
means a lot of things
but you can consider it being a stone wall
dead man walking
quote:
Originally posted by feng456

well at this point i dont have one...what shud it be?



Good question! I used to have a 3 strikes and your out rule. If I lost 3 trades in a row I would quit for the day, but since October I've found that with this market that isnt feasible anymore (you can easily come back from 3 or more losses).

You should prob make it according to a percentage of your account size and take into account a string of losing days.

Anyone else have a good answer to this?
874.25 is the Horizontal line off the 30 minute chart.

Click image for original size
161.8 Projection to 874.00<br><br>30 Minute horizontal line at 874.25


Click image for original size
Channel & Horizontal Line at 874.25