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    Naifwonder's Logical Trading

    good stuff. Today presented excellent opportunities to capture profits of that size (depending upon your trading style). I'm still working on a way to capture profits of that size per contract in a systematic fashion. Thusfar, my system has static profit targets which may same...
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    Naifwonder's Logical Trading

    Got a 2 contract trade today netting +3.25 profit per contract.
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    Naifwonder's Logical Trading

    The system is technical in nature. Every entry and exit condition is coded into its own algorithm. These algorithms are processed in real-time automatically. I pretty much just sit back and wait for it to tell me what to do. If I could encompass the underlying philosophy of the system in one...
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    Naifwonder's Logical Trading

    Last weak was great. The system made +38.00 points on the ESZ trading from 1 to 4 contracts per trade (the system gives recommended position size along with trade). I still don't have the capital needed to follow the system exactly but I'm still doing pretty well. Regardless, I still want to...
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    Flash-based trading apps?

    I have not heard of any but if the end-user's cpu can handle it, I would not see any problems with it.
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    Naifwonder's Logical Trading

    After looking through my systems for room to improve, I found a "slight error" in the code. This error was resulting in improper calculations for an indicator used to determine the entry point for a trade. After fixing this, average trade duration (time in market) has decreased and win...
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    Naifwonder's Logical Trading

    Sup people? I had another journal on here but that now that I am actually trading real money, it seemed logical to start over. Anywho, like I just said, I finally managed to get some funds to trade the systems I have been developing. To be honest, the funds are not sufficient enough to be...
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    Contract tolerance

    I am aware that every trade effects the market in some way. My concern is after what extent do you actually start effecting the market to the point where you yourself can potentially change price, if that is possible at all. For instance, I trade the e-mini S&P 500 and if I were to trade 2...
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    Naif's Trading

    Hey long time no see people. I have been so busy working on the system that I actually stopped trading for a while. That would explain why I stopped posting trades. Anyway, it was well worth it since I finally have it just the way I want. The new system takes approximately 1-2 trades a day...
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    Naif's Trading

    long er2 @ 789.2 - Profit target - 790.80 - Stop Loss: 787.7
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    Naif's Trading

    The ESZ gave a risk exit at 1399.50 which was good because it would have gotten stopped out otherwise. I'm up by 1 point, the system is up by 3/4 of a point.
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    Naif's Trading

    So far the trade is going well. However, as I have stated before, since this is a system still under development and testing, I have exited early with a scaled down profit target of 1 point.
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    Naif's Trading

    Short ESZ Entry: 1400.25 Profit target: 1398.5 Stop loss: 1402.25
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    Naif's Trading

    Up by another 2.25 points today on the S&P. The new ER2 system is coming along fairly well, already at $4,000.00 after 2 days of development but I want to get it to around $20,000. In other news, my limited account size is really proving to be a barrier for me right now. As I see it, I have...
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    Naif's Trading

    Interesting day today. ESZ is up by about 4.25 points. Had two trades, one of them with 4.5 profit and exited the second one wearly with a .25 loss since it was the endof the day and the FOMC report was screwing up the market. ER2 lost 1.8 points due to the FOMC driving the market down towards...
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    Trouble sleeping

    Thanks. It is one of the sayings I live by that keep me from insanity.
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    Naif's Trading

    I do trade it real time with a real account and I have been getting almost exactly the same results as the backtest results indicate that it should. I say almost exactly because I exit early to scale down my profits since this system is still being tested. However, even after I exit my trade the...
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    Naif's Trading

    Had a bad day today. I tried to expirement with my trade settings and I messed up the coding on my strategy which resulted in a trade showing up that shouldn't have. Cost me about 2.5 points in loss. I feel horrible because it wasn't even a due to the strategy not working, it was because I made...
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    Naif's Trading

    Watching the system shoot into greater profits after I exit the trade does tempt me at times to follow it more aggressively but I will stay steady. As for slippage, my entries and exits already take into account slippage. The entries and exits are not valid unless the price is exceeded by one...
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    Naif's Trading

    The whole concept of an overall market direction shift has also been a worry of mine. For that reason, I have been workin hard at improving the short side of my system. Short trades account for slightly under 40% of all the trades for my system so I want to get it up to at least 50% within the...
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