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I decided to start scanning about 300 ETFs in addition to stocks using additional entry rules. I can enter them on the current bar when a signal generates instead of waiting until the next bar. It is more aggressive, but ETFs tend to be less volatile than stocks, and I may size up like today...

I think you need specific entry and exit criteria when averaging, as well as position sizing rules that are established before you even put on the first trade, robot like. Not while in the midst of the trade, which is why I automate the whole process. And don’t let the position get so big...

Total Net Profit $2,726.21 (Per Share) $0.12 Gross Profit $6,723.43 Gross Loss ($3,997.22) Profit Factor 1.68 Total Number of Trades 373 Percent Profitable 60.59% Winning Trades 226 Losing Trades 147 Avg. Trade Net Profit $7.31 Avg. Winning Trade $29.75 Avg. Losing Trade ($27.19)...

Markets down about 1% today, but I managed to claw a bit higher. It still feels like I am trading embarrassingly small, but I must keep my powder dry. I had to pass on a few new entries due to daily limits. I decided to include symbols with margin restrictions in my daily scans to get a few...

I tacked on a few cents to my NW in a flat market today, chiefly through a turnaround in SSYS. Still not getting many signals in this low volume/volatility market, but that should change eventually. There is a time to be in the market, and not to be in the market. Symbol Open P/L Open...

Total Net Profit $2,242.93 (Per Share) $0.11 Gross Profit $6,239.21 Gross Loss ($3,996.29) Profit Factor 1.56 Total Number of Trades 354 Percent Profitable 59.04% Winning Trades 209 Losing Trades 145 Avg. Trade Net Profit $6.34 Avg. Winning Trade $29.85 Avg. Losing Trade ($27.56)...

I continued lightening up on positions today as the market can’t decide which way to break from the S&P 1400 magnet. The only red light/green light signal I got was for another trade in IOC that I managed to book a quick profit on yesterday. If I happen to come out of my draw down, my short...

Flattish day in the markets, though I managed some equity gains, chiefly thru a turnaround in MNST. I bailed on NCR after it recovered a bit from a precipitous drop on the open, because of a downgrade as well as allegations it sold software to Syria. I unwound several positions that have grown...

Total Net Profit $1,337.18 (Per Share) $0.08 Gross Profit $4,973.48 Gross Loss ($3,636.30) Profit Factor 1.37 Total Number of Trades 294 Percent Profitable 58.50% Winning Trades 172 Losing Trades 122 Avg. Trade Net Profit $4.55 Avg. Winning Trade $28.92 Avg. Losing Trade ($29.81)...

I think many people, as well as myself, actually feel better after posting their losses anonymously on ET. It is sort of a "confessional," where you don't have to face anyone you know. He also probably enjoys the popularity. However, it is concerning to see Neke's losses continue for so long...

Total Net Profit $2,019.54 (Per Share) $0.14 Gross Profit $4,274.18 Gross Loss ($2,254.64) Profit Factor 1.9 Total Number of Trades 215 Percent Profitable 64.65% Winning Trades 139 Losing Trades 76 Avg. Trade Net Profit $9.39 Avg. Winning Trade $30.75 Avg. Losing Trade ($29.67)...

Intraday exposure rose to 69%, and then closed at 45% long exposure. I was becoming concerned today as the DOW was up 200 points midday, but my NW was barely budging as several stocks were tanking, probably due to earnings related misses. But into the close, many of my positions rallied...

Going on record with my market exposure in case I am able to turn some of my positions into gains the next couple of days. I have struggled so far this month to break out for sizable gains. I regressed and took a 6500 share position in Dean Foods a few days ago, which went down 2.3K and back...

Total Net Profit $316.12 (Per Share) $0.13 Gross Profit $797.24 Gross Loss ($481.13) Profit Factor 1.66 Total Number of Trades 60 Percent Profitable 61.67% Winning Trades 37 Losing Trades 23 Avg. Trade Net Profit $5.27 Avg. Winning Trade $21.55 Avg. Losing Trade ($20.92) Ratio...

Thanks d08, it appears you and me both have staying power. I often consider “luck” as conditioning yourself to do enough of the “right” things while systematically eliminating “wrong” behavior. This puts one in the position to benefit from favorable market moves when they occur...

That is interesting. I can produce phenomenal equity curves by choosing a time frame that does not include any large drawdowns.

Just a quick midweek update here. Current exposure is 35%. I will start expressing draw down using $100,000 as my HWM. I plan to withdraw money when the account gets above $100,000 at least thru the end of this year. Current DD is 0.39%. Now wishing I had stuck to my guns on my short SPY...

Closed SPY short for $62 loss.

Add 100 at 137.38. Average cost, 136.73. Will add 100 at 137.77.

Short 200 shares SPY, average price 136.41. Hoping it goes against me so I can add more. . I predict the overnight futures will drop on low volume around 4th of July holiday.