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I am 99% certain it is ok legally.

reviews on his book are extremely negative....lots of 1 star reviews....doesn't inspire confidence. I will ignore him.

+1 same here :D

Switching to Sept contract Long 10 ES at 1921 Add 2 more at 1920

Its just a correction, bull run continues. Get long for 10 easy points here

Unfortunately, its hard to say anything with this much data. I think you need data for at least 3 months, before any conclusion can be drawn. I agree with dom993 suggestion that aiming for bigger moves and lesser number of trades might yield better results. I wish you the best!

This is my recommendation: 1) Switch to IB today 2) Trade with IB for couple of months, monitor your trading and meanwhile research prop firms. Going prop will reduce your commissions much more even compared to IB, but you will have to pay monthly desk fees, software fees etc. Maybe after few...

Hello Brian, You are doing 10 trades per day. Its not much, once you get hang of IB's TWS interface, you can easily click it 10 times to enter an order and 10 times to enter stop/profit or exit the position. I have done 200+ orders in a day using TWS. Its not hard at all....you might need...

very good performance.....your journal will become much more interesting if you start talking about your strategy in general terms or maybe some stocks/some trades in specific terms. One of the successful journals on ET.....Keep it up!!

Interesting business model!! Following is a blog that I follow and I like. I am curious in your experience, for how much this blog will sell, if the owner decides to sell it? http://www.automated-trading-system.com/

It was a very nice trade, well planned and nicely executed. Do you specialize in crops and agri spreads or do you trade other stuff also?

nice trade....how much was margin requirement for this spread?

+1 good maths stats knowledge is helpful, but to succeed at trading only high school level maths is needed. Maths Phd is probably too much.

trading costs - commissions and bid-ask spread. If you take 30 trades a week, you are paying a spread of 0.25 each time. Equals 7.25 ES points - you are losing this. If you are taking 5 trades a week, you are losing 1.25 ES points in spread. When i say 10 point stop, I am not referring to day...

Yes doable for very experienced guys, the other poster is new. My advice was specifically for him.

I have 2 suggestions if you dont mind: 1) Instead of 2 point profit and 2 point loss, go for 10 point profit and 10 point loss or even better 20 point profit and 10 point loss. This will lead to a massive change in your trading style. Currently you are maybe trading 3-6 times in a day, thats...

From your trades, I could say you are a beginner. Thats why I asked. All the best though.

so how long have you been trading ES?

Out at 1915 for 7 point = 350$ per contract. PL = 350*12 = 4,200 USD Account Equity = 58,925 + 4,200 = 63,125 USD

1) stocks are at all time high 2) longer term we are going towards 1950, not to say we won't touch 1895 before though 3) So unless and until you have a very good reason to short here, best strategy is to be long and wait. :)