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This is going to be my non-daytrading journal. I had started a Daytrading journal before and although the results were good when I backtested it, it did not work as well in real-time trading. I'm not sure if this will work now but it had worked for me in the past. Any...

Let me try this one more time. Sell-limit 2 contracts @ 1316. Stop: 1322. Will cover 1 @ 1300.

Great article.

On my long-term plays, I look at the fundamentals to determine whether we are in a bull market or a bear market. I use technicals to determine my entries. This is my assesment of the current situation. Even though the S&P has made new highs, it has always seen distribution and has been...

Stopped out. Done for the day. Will watch it closely to see how this unfolds. Loss: 8 ES points. Net: 3.5 ES points.

Thanks!!!! When I start a new journal, I'll discuss part of my strategies too. I am short 2 @ 1316, currently ES is at 1317.00, Stop @ 1320. I might be stopped out of this, if I do get stopped out I'll look for 1325 to short again. The bonds need to recover from their down trend for me to...

Not so fast. There is more than 5 hours of trading left.

Stopped out with a profit of 11.5 points, but mad at myself for giving back a lot. Lesson learned: If you have paper profits cut your position size by half before a major Fed meeting. If you have losses, get out completly. Should have learnt that from PTJ. This is going to be the last...

Why is it hard to follow? Do numbers not make sense if you do not see a picture with it? I would not beleive if someone comes and makes the claim after the market is already there but I usually post where I want to be short or long, the previous night. I will hopefully start a new journal...

Will stay with it, Stop moved to 1313 on both contracts. So the worst I'll do is 11.5 ES points.

The high for the day was 1316.50. This ended up being a nice trade. Current positions: 2 shorts. 1@ 1321.5 and 1 @ 1316. ES closed at 1309. Based on that net profit is 19.5 ES points. I might cover 1 or all if the ES looks strong in the morning and look to re-short around 1316 again...

add another short. sell-limit: 1316 Stop: 1321 Not sure if the market will go there but a bounce would be nice.

Did you mean to say: all....oscillators....will.......do the......same:D

Staying Short here. Maybe I need to start another journal with my non-daytrading market plays.

Although the S&P traded above 1315, it hasn't been able to close above 1315 since my last post and I do not think it will anytime soon.

Yes, I have a proper day job. That was the reason why I tried to come up with an indicator-less day trading system. Here is what I learned. Day-trading is not easy and if you cannot give all your time to it, don't do it. Now I'm more focused on swing trading ES(which is what I did...

Still Short.

Still Short.

Paper-trading a new srategy: Sold ES at 1321.50 Stop: 1325.50

Hey Jimmy, I'm not quitting yet. Just taking a break for few days to weeks. I will be back in a month or even less. Even though this strategy did not work well in the last month, I haven't lost much money either. Just need to refine it and incorporate another indicator. I'm testing different...