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I spent all night doing random errands and it seems I gave up some profits in the process because most markets are continuing yesterday's moves in the aftermarket. Only positive of this was that the yen was pumped up a good amount and the pattern was negative enough for me to short a single...

Good luck Jem and Jody, I hope you guys get something out of that book. Personally it has a special spot on my table :) I'm still a a little stirred up but will probably be fine by tomorrow. No reason to try to spite that girl with making money, I'm going to let it go and try to keep a clear...

I had some extra time so I snapped a picture of a market in each group with some comments of what I'm seeing. There is not a lot that I like right now. You can see that almost all markets are going crosscurrent or already there (Green and red line facing different directions) There are no...

I'm feeling a bit down today, a girl I was seeing started complaining that I spent way too much time involved with futures trading and told me I was obsessed. At first she was happy with my trading because I made my money in a somewhat entrepreneurial way but she had been lately comparing it to...

Most markets in the stocks, energies, grains, and financials are in strong crosscurrent modes right now and very unappealing for a trade. There is an emerging concurrent mode to the upside in the financials (bonds and notes) but even here the SL in on highs and trend is only weakly up so I...

Another bad day. The coffee trade was chopped with an intraday dip/reversal for a decent loss. Natural gas was stopped out after another big down day for a decent to big loss. Despite being the weakest in its group. wheat held even while corn plummeted and soybeans fell decently...

Yes June was my best month ever. It was still influenced by Chick though because I called him a couple times and he put out that email at the end which gave me a good end of month boost. I probably owe about $10,000 in gains last month to Chick. My problem continues to be waiting for markets...

Pretty bad day overall, obviously jumped the gun and bought when I should have waited for the situation in the markets to become more favorable. This is not the first time I did this but at least I bought at a pretty good price in copper which minimzed today's losses. Coffee had an...

I was planning to short the yen but had to run some errands and by the time I got home it had already dropped 70 ticks to the 9.330 area. This is too much of a dip for me to short into, which is too bad because yen has the best case for a position right now (coffee comes close). On the other...

Most markets are still in a precarious situation. I like Yen on the downside and will probably short it on Sunday. I longed a pound contract because it was at a good price and I feel there is an OK case for the upside. This a "catching falling knife" scenario with yesterday being a big down day...

Thanks Turbovach, we're all students of this game and I'm glad that others are getting something out of this journal. I know I certainly am. Once again the journal saves me again. I acknowledged that market conditions were unfavorable and that I really needed to refrain from trading too heavy...

Coffee held about even today. I want to sell it to lighten up on my positions, even though I feel this is a good long term trade. Gold was about neutral today but buying at a really good price returned a decent gain. SL is on highs now and turning down so I don’t want to stay in any longer...

Thanks, I plan to actually reduce my exposure for at least a week. This is because I tend to give back profits after a good period, this is a very consistent pattern with me. After that I'll probably trade about the same as before because I already trade on the heavy side for the size of my...

I started this journal on the 3rd of last month, so this month will not give a perfect sample of my trading. But here is a rundown of my results for this last month. Balance on 6/1/08: $69490. 6/3 was close to this so in my original post, the "estimate" at $67,000 was off by about $2500. This...

Chick put out another letter today mentioning that now is a tough situation with price/SL on highs and it may be wise to take partial or complete profits in currencies and metals. The euro has not been performing that well, which I thought wasn't that bad because it's pretty typical for these...

Thanks HSC, good luck to you also. I closed the wheat trade for slight profits yesterday. Looks like it fell pretty hard today along with corn. The move is news related though so very unreliable, if the short term lines were more positive I might have longed some corn here. I am not...

The euro stop will stay at 154.6, gold stops adjusted up to 899. I’m going to close my wheat position despite the lines being decent for a downside move. Corn and soybeans are too strongly up, and there seems to be general commodity strength in all markets so a marginal short position isn’t...

Ya I guess these longer term plays are vulnerable to gapping. I've never played with stocks so I don't know how that goes. Still, strong stock should be less vulnerable to this type of movement I would think.

My account is getting big enough that I am not using all of it for trading any more, and think it might be smart to devote a part of it to another system that won't take too much extra time to manage. A longer timeframe FA system sounds about right. I like the principles of Investor's...

Very good day today with euro up a small amount and gold up a good amount. Even the wheat short was triggered for about 3 points of profit. It is unlikely I will hold onto the wheat trade because although wheat iteself is an okay pattern to the downside, corn and soybeans are both clearly strong...