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just average down and know when to cry uncle.

ive been in fine since about 6:15pm EST

Biggest up week ever... Performance for Week 29: Weekly % Return = +3.32% 2011 P/L = +32.6% Current DD = -0.00% MDD = -12.05% A monster week, mostly driven by gains from Monday's huge market up day. As of this week, I have now exceeded the upper range for my full year profit...

its not bad in NT for high frequency intraday strategies, but then i've never found one of those that works consistently. I use amibroker for optimization of multiday strategies using decades of historical data....works well. Of course, you can blow yourself the F up if you don't know what...

Lots of uncertainty... Performance for Week 28: Weekly % Return = +0.53% 2011 P/L = +27.5% Current DD = -0.00% MDD = -12.05% Another up week, but not by much. System is leaning long, which I feel may be the wrong direction. I am hedging certain positions with puts, where...

the dipshits run deep round here...

All is well that ends well... Performance for Week 27: Weekly % Return = +0.92% 2011 P/L = +26.7% Current DD = -0.00% MDD = -12.05% Another pretty good week, continuing a blistering three months of performance. After being down over 12% in early march, I have had a pretty...

Hard to swallow.... Performance for Week 26: Weekly % Return = +2.14% 2011 P/L = +25.2% Current DD = -0.00% MDD = -12.05% Even though my systems were neutral to bearish to start out the week, I ended up making good shwag last week. Most of the gains were due to my futures...

Thanks for your question! For my weekly system, ETFs work well because I use broad-based index ETFs only (e.g. SPY, ILF, FXI, etc). The low volatility in these lends them to well to a weekly based system. I should also note that, with this weekly system, I am only trying to produce...

I have this equities system i run, its all based on weekly closing prices. I look forward to the end of every week like you wouldn't believe in the hopes that a new signal will be produced. And i relish the opportunity to open those positions on Monday morning. Of course, I only get 5 or 10...

Thanks! You can see from the three futures trades i didn't take, i should be doing even better. Looks like its the signals that are hardest to take (psychologically) that often do the best. I also got a short signal in crude this week. My risk and loss limit rules forbid me to take...

Like the proverbial pig in sh*t..... Performance for Week 25: Weekly % Return = +2.99% 2011 P/L = +22.0% Current DD = -0.00% MDD = -12.05% This market is exactly the type of market where i flourish. It matches up with my tendencies and personality perfectly, primarily in two...

sorry guys, let me be more clear....when executing options strategies there are a lot of various structures you can use to control risk. To use one simple example, instead of simply holding naked long calls you can hold ATM calls while selling OTM calls (if you are bullish)....i suppose you can...

why would you hedge in an options strategy? the beauty of using options in the first place is that you can so easily control exactly your equity at risk while still controlling substantial leverage. You should be able to use position sizing to control risk and exposure, can't imagine a...

Sometimes its better to be lucky than good.... Performance for Week 24: Weekly % Return = +1.64% 2011 P/L = +17.7% Current DD = -0.16% MDD = -12.05% Bounced back quickly from a very short-lived and shallow draw-down. While my systems performed pretty decently, this would...

I'm on the same route clacy is on, only a little more aggressive. My goal is to make 20%+ CAGR, with all the same intent. However, I do believe I can "retire" fairly soon if i can prove that return over a number of years. I guess you could consider that "full time." Anyway, after...

Worst week since my big drawdown in February... Performance for Week 23: Weekly % Return = -1.74% 2011 P/L = +15.3% Current DD = -1.77% MDD = -12.05% A challenging week for my system generated trades and for my discretionary trading. My biggest equity positions in ILF and FXI...

Ha, you are just like me. I can't hold anything more than a few months, and that feels like an absolute eternity. With that in mind, sounds like you are approaching it correctly with regard to using technical support/conslidation levels as your stops. I use mechanical trailing stops just...

Keeping my head above water... Performance for Week 22: Weekly % Return = -0.07% 2011 P/L = +17.85% Current DD = -0.03% MDD = -12.05% My week started off great as I was up nearly 2% by end of day Tuesday. As the S&P500 approached resistance at 1350 I hedged with some SPY...

Well, the reason I trade ETFs instead of individual issues is because the volatility in individual issues and "single-company" risk is just so high that my backtesting has found trailing stops to be less effective. It sounds like you played that biotech appropriately -- it just didn't go your...