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q1 +7, q2 +14. Not as strong or consistent as I'd like but I'll take what I can get.

Personally I trade trend following over the longer term (months) and pullbacks over the shorter term (days). Considering adding some intra-day trades to this.

Hi, I am a fan of Larry Connors and I have several of his books, but I won't pay thousands for a seminar from anyone. There's so much good information at low cost that I just don't see the need to pay thousands, even to someone I respect. I would rather trade with that money. Ammo, thanks...

Nice. That's essentially what I'm doing, though not fully automated. Working for me so far, though I'm always striving to do better.

Isn't that the truth about so much in this industry.

The volatility adjusted price is an interesting concept. Is this proprietary or can you point me to any additional information?

It's a good question, one I have been trying to get an answer to myself. I expect the answers are all over the place. I am not a pro but am working to get to the point that I can trade for a living. Over the past year I have averaged almost 6% per month, and that is without daytrading. Most...

My original question was what type of annual returns others have experienced. Care to share your results? I've seen enough in my own trading and that of others to be aware of the possibilities, both positive and negative.

What can be done and what has been done are not necessarily the same thing. That was the point of my question. 1% per day compounded is almost 1200% annually. 2% per day compounded is over 15,000% annually (to put this in perspective, a $10,000 account grows to $1.5M in only a year). How...

I see lot's of discussion of daily performance, and some journals tracking over time, but so little general discussion of performance (not counting derogatory comments and insults). Daily performance means little, it is performance day after day, month after month, and year after year that...

Personally when people talk of psychological issues affecting their trading I think that is really over thinking things ... but then I trade objective strategies so I don't have to think while trading. I think the issue most people have is they don't have a strategy with an edge. You mentioned...

I am not a full time trader but I'm having some good success swing trading over 1 to a few days.

Based on your description of your strategy I think this is exactly what will happen sooner or later. It sounds like you are gambling and that is a way to get poor, not rich. If you want to get rich, keep working, keep saving, conservatively invest what you have, set some $ aside (5-10%) and...

I have to add my 2 cents. First it takes 10,000 hours to become an expert in the field. My goals are less lofty: To trade profitably and consistently, not to be among the top in the field. While I probably have put in my 10k, much of it was probably wasted. Vince Lombardi once said...

I stopped posting the last 2 weeks due to vacation and decided not to continue for a number of reasons. Just wanted to thank those that post regularly. It is the day to day grinding out profits that matters, not the occasional big day. Perhaps there will be a thread at the end of the year to...

I care about risk adjusted returns over the long term and I generally don't use leverage. In fact I generally have a significant allocation to cash as well as long and short positions (not enough shorts the week of the flash crash though).

And since you don't have to watch every tick, you can take more positions.

Interesting to hear from someone else that thinks stops are bad. I trade quantified strategies and generally stops hurt my results, so I look to other methods to reduce my risk. It can be quite painful to trade this way but in the past I have found that by using stops I take more frequent...

Wow, I have no idea how someone can place so many trades per day AND overcome slippage and transaction costs. Seems to be working for NYOBScalper based on the high frequency of winning days. I only place a few trades per day and hold for days to weeks.

-455. Tough day/week.