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So we hit the end of February. We started with $36750 and ended with $37k including $500 in Open P/L. So, by one count we lost $250 (booked), by the other we made $250 (account value). Using the booked value, that comes to about -3.5R. As expected, the system error from early in the month...

Yesterday was a huge trend day, and I had high hopes for the system. Unfortunately, it only made a modest gain of 1R ($75) in booked gains and another 2R or so in Open P/L. Much of the Open P/L was gone by this morning as the two short positions, CROX and AAPL, gained in the pre-market. The...

Here were the goals from the first post of this thread: Goals: 1: Get my trading account up and running by November 1st. 2: Start trading December 1st 3: Run fully automated by January 1st, 2007 4: Post a running update here on ET The first 3 were all accomplished, and #4 is ongoing...

Finally we have the equity curve. Now I really wish I could show an Open P/L version of this, and compare the two, but I don't have that capability. If I did, then the drop on trade 74 (approximately) would be all the way from $5k, not $3800 or so as shown on the graph. In other words, a lot...

Attached is a screen shot of my results for the year to date. I show everything instead of just February so that the statistics have more meaning. So far February is an 8R or 9R gain, or about $650. It changes a lot every day so I try not to worry about it too much. Note that the system flaw...

Thanks JJ, I appreciate the encouragement. I am posting mid-month here because the system happens to be very clean right now - no open P/L, just one position open. So, I will post a couple attachments (1 per post) and describe how I see each picture. First I should note that my correction...

I think the trading action before an announcement will indicate the direction of the gap around 50% of the time or more, so I am not looking to avoid announcements or events. In this case my system actually wanted to sell and reverse based on the action at the end of the day, but the orders...

That didn't take long! PMTI = OUCH. Oh well, dems da breaks.

The streak continues here in February to the tune of about 17 risk units or about $1300. Again my risk units are set at approximately .2% of equity or $75, and we'll be looking at .33 for March if February looks solid (no major technical problems). I have already noticed a little heart...

Attached is a chart of NTRI - again this trade is still open so the long blue profit line is not shown. The interesting thing about this chart is how the trend - which is relatively flat - readjusts to the stock after the big gapping bars. A version of the system that increases the slope of...

Here is an up to date chart of AAPL. This trade is still open to the short side, so that profit is not shown - it is currently around $11 per share profit. You can see how the trade reversed from long to short when the uptrend broke on 1/17. Apple's trends require 5 bars to qualify as a...

Thanks, JJ. The system is scalable in the sense that it does not require much work, so I could pretty easily monitor more stocks. The number of stocks that can be traded is directly proportional to the risk per trade, so if you had say 50 stocks you would have to limit risk to say .1% of...

January ended better than I could have possibly hoped. Trading 12-14 stocks (I added and removed some as I adjusted during the month) with an average risk per trade of $50, I had 62 trades with an average profit per trade of $37.85, or almost .75R. So in 62 "bets" with an expected average loss...

Here is an attachment for just January. As you can see, all the profits are long - this shows that the system does a decent job of following the market in an uptrend. What remains to be seen is if the trend system can turn a profit in a down or churning market, or on particular stocks. For...

I have also attached the performance summary - obviously this includes a lot of older trades, but I am trying not to cherry pick.

The trend following system has been doing pretty well, just killing Nutrisystem (NTRI) and Apple (AAPL) on their recent runs. Heely's and others have also made their contributions. Attached is the equity curve of ALL my trades since I started last November. Keep in mind that the first 60 or...

In case you are following along, I am pretty much just letting my system trade. I have 14 stocks using the trend following system. I recently added Heely's, which is a new issue and has no backtesting data. Other than that, everything shows good returns for the last 12 months and 24 months...

I have been running my trend system for about a week now, and I think it looks pretty good. This system is based on fairly short term trends using 120 minute bars. So far the big winner has been NTRI, and as mentioned I missed a couple other nice winners that failed to get short. The system...

The original ideas were to eliminate overnight exposure and allow sharing of funds across many stocks trading the same system. However, due to problems as described, it looks like I will be in overnight anyway so yes, swing trading does make sense. Right now I am looking at using 120 minute...

Attached is a shot of my new-ish channel system tracking NTRI. Don't worry about the buys and sells too much - my actual orders don't fit so well because I was trading it using a different strategy. I think it looks pretty cool - of course strong trends make it so! It can get pretty chopped...