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Not doing much tonight so I have time to post another chart. I like to look at these monthly profit bar charts because it gives me an idea of what I might be able to pull from the markets on average each month. The market selloff that occurred between 2/22 - 3/16 did not result in a negative...

First 500 shares $.01 per share, $.006 per share thereafter. $2 roundtrip on 100 shares, $3/mo. data fees. Broad-based downturns are just part of the business cycle. :) If the downturn appears to be the beginning of an overdue bear market, I still have my short strategy on the bench. :D

Thanks d08, I am sure many of us are walking the same path. I want to give others hope and convince myself that there is a "conservative" and workable way to consistently trade the markets over the long term. In addition, the journal reminds me to be disciplined and treat this as a business...

In back testing, I have tried it on the SP500 stocks and it does pretty well. Over time, it just did much better to track more like 1500 stocks to get more hits. One could buy more shares to compensate, but then over concentration in one symbol becomes an issue. My form of stop loss is...

Yes In2Deep, volume/liquidity is one component. I have to be sure the symbol is tradable to avoid excessive slippage since I sell at market. In addition, I need to narrow down the list that the scan produces each day and volume is one way I do this. Price also is another factor. I do not...

Hi neke, I have been following your posts and can't wait until I have the working equity that you do! Are you able to identify why your auto trades work better than discretionary? Do they take different approaches, or does it have more to do with money management?

Profit Distribution Zip file...

I am posting a chart I created of my profit distribution for trades since going live with my auto strategy nearly 8 months ago. I also included a zip file for download to those interested. All you need to do is enter your percentage profit for trades made in column A of the Excel spreadsheet...

Total Net Profit $16,661.65 (Per Share) $0.17 Gross Profit $37,058.05 Gross Loss ($20,396.40) Profit Factor 1.82 Total Number of Trades 892 Percent Profitable 64.80% Winning Trades 578 Losing Trades 314 Avg. Trade Net Profit $18.68 Avg. Winning Trade $64.11 Avg. Losing Trade...

Several long commodity trades are working out from the past couple of days. I can't help but feel a little lucky buying the recent commodity dip.

Hi CA04, This is a question I have been asked by other readers. I do plan to switch to IB eventually and currently have it working through Tradelink and IB’s demo. Multicharts charges a subscription and you still would need to pay for a separate data feed. Tradestation is free if you...

Chip equipment maker Applied Materials Inc is snapping up rival Varian Semiconductor Equipment Associates Inc for $63 per share in cash to acquire new technology to meet increased demand for smartphones and solar equipment. Varian shares surged 51.6 percent to $61.48 in premarket trade…

The strategy is entering positions in a controlled manner. Most entries today occurred in the first hour as usual. 3 day trades stopped out and 1 day trade lasted until the close. I started keeping track of my daily exposure and will eventually post chart updates compared to the SP500. I...

Total Net Profit $13,807.20 (Per Share) $0.15 Gross Profit $30,262.18 Gross Loss ($16,454.97) Profit Factor 1.84 Total Number of Trades 796 Percent Profitable 66.21% Winning Trades 527 Losing Trades 269 Avg. Trade Net Profit $17.35 Avg. Winning Trade $57.42 Avg. Losing Trade...

Here are all the system buys for the day. However, I decided to override the system and exit all positions at the close today and am now flat. The big winner today was RNOW with about a 13% gain. I don’t know if I want to enter any more positions this month. I may wait to see if the...

Total Net Profit $11,852.06 (Per Share) $0.16 Gross Profit $26,537.04 Gross Loss ($14,684.98) Profit Factor 1.81 Total Number of Trades 703 Percent Profitable 66.15% Winning Trades 465 Losing Trades 238 Avg. Trade Net Profit $16.86 Avg. Winning Trade $57.07 Avg. Losing Trade...

I thought I would give an update on what I have been doing lately. I made some changes to the auto strategy entries. I made it more scaling in nature than it had been and more automated. At the end of the day the strat looks at how many open positions there are. Then for the next trading day...

TS does not give that number directly that I am aware of. The % time in market (Time in market/Trading Period) since going live 9/16/10 is about 63%. I am trying to come up with better ways of using margin, but as my equity increases, it seems I am becoming more risk adverse. I start becoming...

All positions currently start out at 100 shares, with the option to add 200 shares later. There is no distinction between intraday and overnight holdings. It has been my experience that holding overnight works more to one's advantage than against (in stocks that is), provided they are trading...

Just a couple of cherry picked trades today. :p