I just entered short as well for the ES (MES) system 1st short
entry of 2 contracts. It appears the strat is 2 for 1st
entries, 4 contracts on 2nd entries and 3 for 3rd entries, correct?
In some places I’ve seen a 1/2/3 reference So just want to
confirm. Thank you.
Futures open - up 37
Posted by matt on 23rd of Oct 2022 at 06:04 pm
Newsletter will be out later -Stockcharts.com being down 1/2 the day slowed me way down
got a nice short on
Posted by matt on 23rd of Oct 2022 at 06:19 pm
got a nice short on that move for a quick trade, the move was way too much in the short term
I just entered short as
Posted by cghursh on 23rd of Oct 2022 at 06:25 pm
I just entered short as well for the ES (MES) system 1st short entry of 2 contracts. It appears the strat is 2 for 1st entries, 4 contracts on 2nd entries and 3 for 3rd entries, correct? In some places I’ve seen a 1/2/3 reference So just want to confirm. Thank you.
The right answer is it
Posted by mastermind on 24th of Oct 2022 at 07:45 am
The right answer is it used to be 1/2/3, but was changed to 2/4/6 to have the ability to sell half and hold the other half on each entry.
It’s a personal choice based
Posted by watcdy on 23rd of Oct 2022 at 06:50 pm
It’s a personal choice based on your own plan and levels of exposure—
Y, I've got an old
Posted by racerick on 23rd of Oct 2022 at 06:22 pm
Y, I've got an old line at 3811.50 going back months that's been real good. Quick look above and fail. Good for a quick 10 pt move
here's a 3 and 2
Posted by matt on 23rd of Oct 2022 at 06:22 pm
here's a 3 and 2 min ES chart - you can see how wide those MA ribbons got on that pop
ES only up 11 now,
Posted by matt on 23rd of Oct 2022 at 11:00 pm
ES only up 11 now, was up over 30, nice entry on the short
now up 2
Posted by matt on 23rd of Oct 2022 at 11:12 pm
now up 2