My ESrat journal

This is a discussion on My ESrat journal within the Trading Journals forums, part of the Reception category; Huh. Now I need to decide to do one of 3 things 1) exit here, take my loss 2) hold, ...

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Old Apr 23, 2012, 1:24pm   #15
Joined Apr 2012
Re: My ESrat journal

ESrat started this thread Huh. Now I need to decide to do one of 3 things

1) exit here, take my loss
2) hold, exit higher
3) avg down, buy another contract try to get out even or +

Have to mull this one over a bit.
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Old Apr 23, 2012, 2:10pm   #16
Joined Apr 2012
Re: My ESrat journal

ESrat started this thread
Quote:
Originally Posted by ESrat View Post
Huh. Now I need to decide to do one of 3 things

1) exit here, take my loss
2) hold, exit higher
3) avg down, buy another contract try to get out even or +

Have to mull this one over a bit.
I've decided to avg down buying another contract for a total of two. haven't bought it yet must decide the best price to achieve my goals here.Hopeful to buy just as prices are rising
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Old Apr 23, 2012, 2:40pm   #17
Joined Apr 2012
Re: My ESrat journal

ESrat started this thread Lots of resistance above however a break above 1363 might be bullish. I may wait for 1363 or 1364 before adding a contract on a dip. Nice gap to close all way up to the 70's from there. Sounds like a plan?
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Old Apr 23, 2012, 3:12pm   #18
Joined Apr 2012
Re: My ESrat journal

ESrat started this thread Adding another contract 1354.50. Stop 1353 Target 1358

Decided on a 4th alternative, I'll trade around the other contract.
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Old Apr 23, 2012, 3:16pm   #19
Joined Apr 2012
Re: My ESrat journal

ESrat started this thread
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Originally Posted by ESrat View Post
Adding another contract 1354.50. Stop 1353 Target 1358

Decided on a 4th alternative, I'll trade around the other contract.
New stop 1354.50. Must play it tight to vest from here on.
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Old Apr 23, 2012, 3:30pm   #20
Joined Apr 2012
Re: My ESrat journal

ESrat started this thread Stopped out break even on that one contract but reentered 1356. Stop 1353
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Old Apr 23, 2012, 3:51pm   #21
Joined Apr 2012
Re: My ESrat journal

ESrat started this thread
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Originally Posted by ESrat View Post
Stopped out break even on that one contract but reentered 1356. Stop 1353
exit contract 1356.25 +.25 on this contract
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