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PaxTrader777
@paxtrader777
, 7 tweets, 1 min read Read on Twitter
#es_f open is 2915.25 high 15.50 low 13.50
Short ES 13.25.
Out of shorts at 14 long 15.50
Also long from yesterday
Working to pay for my trade at 2919.50. After that next target is the whole 2932 area via a stop at 2926
Trade paid for. Stops in for a scratch. I have no risk to my longs. I can sit and let the market work.
Earlier I sold off a third of my position from today’s OR at 31.50. I have 2/3 of my unit left from yesterday and 3/3 today. So I have 1 full unit still long. I will exit half at my major target I have had at 2943. I will keep the other half as my runner.
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PaxTrader777
@paxtrader777
#es_f open is 2841.50 high 41.75 low 29360. Wide OR. Be patient.
Use the high of OR and low as trade locations.
Cut size trades in both markets
This is a good day to do nothing. Or very little. I am short small.
Read 3 tweets
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PaxTrader777
@paxtrader777
Sorry I’m late. #es_f open is 2928.75 high 2929.25 low 28.50.
We are short at 28 in discord.
We paid for our trades at 2924 and now the next target is 2914-16
My bids are in at 2915 for the 2/3 of my shorts.
Read 3 tweets
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PaxTrader777
@paxtrader777
I have seen some of the most talented and knowledgeable traders completely blow their accounts up as well as their lives. It ALL starts with 1 trade. Then the spiral happens. I have seen it over and over again. Hell-I have done it myself. Traders who have made millions and lost
every nickel of it. I mean MILLIONS!! 1 trade starts that downward spiral. Then they leave their lane and then nobody can talk to em. FYI some have made it back, most haven’t. Find a process that works for other traders and for you. That doesn’t expose you to too much risk
And that shows you how to execute and manage your positions so you not only preserve your capital but provides you with maximum profit potential as well. Execution is everything in trading. Position management is key! It’s not talked enough about and not taught enough.
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