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Attached is the view this morning at 0700ET. I put in an order to fill at 1417limit. I tend to look for the breakeven trade after I've been in the hole for awhile. Albert

Any suggestions for improving resolution? Tough mix between keeping it below 102K bytes and giving a picture that allows you to see it in context. I notice that I get a better picture when I use the computer at work vs. the one at home despite similar specs and the same paint program. Albert

I've looked at alot of charts lately and am still not sure whether to play the breakout or the fade at the 20 bar H/L. My impression is that when breakouts occur and really follow through, they just blow through the 20 B H/L like butter. So what I plan to do is just believe the breakout until...

Attached is the spreadsheet listing the trades thus far. After about 20 or so I will start looking at statistics to improve my performance. Albert

After being stopped out for a small winner I then placed a sell stop at 1420, the 20 bar low. Walked away and came back to find that I had been stopped in and the market pretty much reversed itself right away. I have found that the best trades with the biggest profits are reversing right away...

I don't know if taking a bunch of small trades is the answer. Maybe stalking a trend and buying a pullback, then NOT closing out the position and keeping a breakeven stop plus $10 for the commission might be the way to go. At least there is the possibility of recouping the loss if you get lucky...

To Trendy- Yes that's correct, I should have put it down as a sell. I'll fix it when I update the journal. The MaxDraw is the actual drawdown and not the theoretical limit, which in reality can be 100 points away if some catastrophic event occurs. That Maxdraw represents what I actually had to...

As far as arrows go, I'll try. I think I can do it in the paint progam that I paste into. I will give it a whirl this weekend. Good for visual types. The only problem that I can see with it is that since I spend so much time away from the computer that I am only guessing some of the time on the...

Really. Here's the attachment. Albert

I have attached a spreadsheet to hopefully lend some clarity to the process. Please give me some input on whether this has value or is just make-work. After getting this down then I can look at system parameters such as trade length, W/L ratios, etc. Albert

The question of whether the money is real or not isn't so much the issue as how the trades are recorded. Everybody has such different styles that it is too tough to ask the scalpers to show their orders ahead of time vs. the swing traders with day jobs who have the luxury of putting in their...

Don't know where the first one went! Albert

After seeing the NQ move up to the upper line and almost stop me out I decided to move the stop down and, accordingly, was obliged at 1429. The attached chart shows what i saw when I got back to the computer. $160 winner but the risk reward was only 1:1. Will see how that pans out over time. I...

Filled at 1433.00 at 10:34 approximately. Not positive since I don't get fill times at my broker. Stop is at 1437.00 because the 20 bar high is at 1436.50. The 10 bar ATR is 5.14 so if things get dicey I'll bail there. Otherwise my target is 1411. Albert

Attached is the chart I was looking at when I put on an order to sell 2 Mar 04 NQ @1433.00limit (10:10am). If filled the stop is at 1437.00. As of 10:25am I am not filled even though it has gotten to 1432.50 Albert

I don't understand your spreadsheet. Where is coke? Is there an order for it somewhere? I looked at the line denoting the 19th but can't find it. Am I missing the point? Albert

I trade anything with enough liquidity to get in and out. Most of the time my list comes from those on the CRB, that way I can use relative strength to decide between competing opportunities. Occasionally, though I will venture out to the DAX and Bonds. NQ and ES, of course, are the champs for...

That's the 64K question isn't it? I can tell you that the fade is the play usually, but when you're wrong, ouch. That is why the stop is so tight. The best trades for me have been to follow it (breakout ala turtles) get stopped out for a small loss, then reverse. Don't know why, it's just worked...

My plan is to trade 30 minute bars in both stocks and commodities. I will evaluate whether to go long or short at 20 bar highs and lows as these seem like natural resting points. Stops are placed at the 20 bar high or low initially and followed by trailing stops or, if in a low range period, by...

I don't think you have a discipline problem. You have an organization problem. Do you keep a notebook in front of you while you are trading? Every trade and/or setup gets recorded and whether you act on it or not gets recorded too. System traders say take every trade. I don't believe you can do...