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Spreadsheet that should have been posted yesterday. A little monotonous, but I am waiting this one out against all odds. It is one of the reasons we discretionary traders get a bad rap. I once tried to go the mechanical route. I called an outfit down in South Florida and asked them if I could...

Here is where the NQs are as of tonight. Shame. This is the clowning glory, eh? What do you tell the guy with the two black eyes? Nothing, you've already told him twice. Albert

Yea, I'm still in those two trades. I need psychiatric counseling. Forgive me my trespasses, trade genie. Let it come back to your old pal. Puleeeze.!!! For a better view of how bad my timing can be, check out this weekly chart of Copper and tell me what the heck I could possibly have been...

The more times a price level is hit, the more likely it is to bounce. I suppose that is the reasoning behind the strategy, eh? Does that mean you will reverse and short big breaks below these numbers? Do you have a small list of stocks that you regularly trade from or are you trolling looking...

This is just the typical updating process that goes on daily. Kind of herky jerky during the holidays but more regular after the first of the year. Albert

Could you post a couple of successful trade examples? Albert

Spreadsheet on trades thus far. Says alot more about me than the system,eh? Albert

I don't really use ATR. I just use the daily range. Since I only seem to hold onto losers I'm better off gathering what a "typical" day ought to look like. If you want I can post my "homework" that I do to make those decisions but it's just the last 10 days intraday range divided by 10. ATR is...

Well right now you are right that my Risk:Reward is at 3:1 when the real ratio should be 1:3. It happens. I actually feel pretty good about repeating what I did a couple of years ago. I'm not smarter as my first few trades have shown, but I have a steady income now and that helps the...

To ElectricSavant- You are right, MAE is the correct term. Max drawdown should refer to my equity run. I don't know if you are teasing me on the "evaluate at the 20 bar high or low" statement but that's ok either way. I deserve it. I let it run away from me twice on my losers and that really is...

The futility of it all is how much luck can help you along. I bought CAMP at around $4.00 and really forgot about it. It's in my IRA which is kind of a slow trade vehicle. I bought it because it seems to peak every four years going to the 40s and 50s. I wonder what congressman works that...

And to add insult to injury, this is what Natural Gas did after I got out. Classic mistake of holding onto losers and cutting short the winners. Albert

And here is where I stand on the copper trade. Basically up to my ankles in angst. Albert

Here's where I stand after not putting in the stops that I was supposed to on the NQ. Albert

This is what I did the last two days. You will notice that I am still holding those 2 NQs from Friday. Here is where the rationalization comes hot and heavy. I made 1200 in mini natural gas today and we still have not hit a 20 bar high or low in the NQs. I'm still holding my coppers, but I'm...

I turned 10k into 375k in 12 weeks. And that's with 2 days in which I lost over 100k each of those days! What is that in annual percentages? I then lost about 340k in 15 minutes. How much is that in annual percentages? Are there enough zeroes to go around? Really, it takes one hell of a trend...

And this is how the copper day ended. Original fill is short 2 at 100.80 on a 100.85stop order. I am up $75 thus far. Albert

Sold 2 Mini NG 6.65 on a stop. Bought 2 back at 6.53 on a limit. Didn't realize how delayed my data was adn that the mini isn't charted on Prophet. So I got out as quickly as I could. Even the Futuresource charts are poor. Not a bad outcome. $1200 profit for 1 hour of work. Albert ps. filled...

This is what I saw when i put in an order to sell 2 Copper March at 100.85 stop. Albert

I saw this chart to make the NG trade. Waiting for fill. Albert