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Active trading (or Day Trading) is not a game, it has a very high level of risk. It is possible to lose all of the funds that you invest in your trades. It is not recommended for inexperienced traders or for persons who do not have sufficient resources and time to devote to their trading activities. Active trading is a serious commitment that should not be undertaken unless you are able to handle high risk and high stress well, and are willing to consistently adhere to objective and disciplined trading strategies and approaches.
WeTheTrader is a resource for traders to share ideas about investing and trading the markets with Focus on the (ES) E-Mini S&P 500 Futures.
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About Me
covered, but looking to enter again short
ReplyDeleteBack in Short Again
ReplyDeleteOk, Looking for a move down to 1095 now
ReplyDeleteCovered one position at 1095.25. Still holding the 1093 Short, will cover that one if we fail to break down further here...
ReplyDeleteAnd covered the initial short at 1094.25, didn't want to hold out for another point back to 1093. Decided to get out now for a small profit (My average entry on the two short positions was 1095.25).
ReplyDeleteHopefully that was insightful in regard to managing a position that goes against you... As you can see, although I was taking heat all afternoon, I eventually made a small profit even though my initial entry was wrong...
Nice moves brother!
ReplyDeleteAre you still bearish now that we have closed below 1092?