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If I were playing the high I probably could have gotten this off but I just didn't want to fight the obvious bullishness of the day. So I traded the NQ instead. Albert

I was in there for the first little bit of the day. Looks like I missed the big move but I got $80 out of the deal. Too bad because this type of trend day is what you wait for. The ES was too high early in the day to chase so I traded the NQ. Unfortunately I got stopped out before the big move...

Same thing here. These are just lines in the sand. They have the benefit of making the stops small but also if you vacillate back and forth in this small area you could get chewed up. Albert

Can't decide if I should use the closes or the high from Friday since the closes are too together (between Friday and Thursday) Albert

coulda woulda shoulda. I stayed with a loser as you will see and almost broke even as it came back. If I had played it right I could easily have broken even but I am more mad about letting it go instead of just stopping and reversing. I think I might start forcing myself to go the opposite...

I messed around with a few things today. For one, I used yesterday's high instead of close as one of the pivots since the closes were almost identical. For another I traded 12 round turns in a few minutes which gave me almost all my profit and spent the rest of the day HOPING for the ES trade to...

I didn't get a chance to sit in front of the computer but it looks like it would have been a frustrating small range day. Albert

Plan for 02/26/04 Long on the NQ above 1472.50 and ES above 1143.25 and short the NQ below 1463.50 and ES below 1138.75. The only problem is when the close are so close together like today. Then you can use the previous day's close as the stop. No real sophisticated backtesting on this, more...

Going to use the last two days closes as pivots and trade above the two long and below the two short. If I have a loser then I will take profits on the next winner whenever the trade gets me back to even. Today, as you will see, this got me short early with an immediate loser, but I just...

The idea to using a full service broker was that I would get some feedback on the trades that I did make, even though there would be fewer of them. I figured that since my main problem has always been hanging onto losers, then having another set of eyes on the account might be a good reality...

Oh well. It is back to the 1 minute charts where thinking is not as likely to get me into trouble. Got to get to using those stops religiously. Start over in 2 days. Albert

Basically the market tanks. And this isn't even the worst trade!! Wait until I show the Copper fiasco. Albert

So I 've been sitting on these two positions for two months now, just KNOWING that they are going to come back. I get a call from my broker to put up some more money. I say no and he gets me out at the market, not even waitng to see what the market is even doing. aarrgh! This is what the market...

listed on Friday as 0.35! That is about as complacent as it gets. There is a marked divergence between the index ratio and the equity only ratio. Seems that there are alot of folks out there hedging their bets with the indices to cover their backside on their portfolios. Albert

"It is ridiculous how much doctors, dentists, and hospitals have jacked up their "list" prices (the prices uninsured people pay) to game the insurance and medicare systems." That "list" price is NOT what uninsured people pay. That price is jacked up because the government and insurance...

I see that we finally got a lower 20 bar low. The first since December 19. That is somewhat of a change. But since I try not to add onto my losers I haven't averaged in here yet. Probably won't. That is the only thing that has kept me somewhat afloat in the past. I am making good change on my...

This is a more useful look for me. No doubt there will be other iterations. This is a start at following the equity too. Albert

is the result. Sometimes not making a trade is its own reward. Albert

my "system" kept me out of a trade. I wanted to short corn and the attachment shows where corn was at that time. But it was not at a 20 Bar high or low so I passed. Albert

Thanks for trying, but irrational traders are bad traders. Ergo, I am a bad trader. No argument there. A=B, B=C therefore A=C. Got it. I'm never gonna trade anybody else's money. I'm never gonna write a letter that takes in five times as much as my trading. I just want to understand why I am...