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So far, a better day without all these P&L's in my face...

Thanks Mark. I am going to do the trial of webmail.us They appear to have many of the features you mentioned and so far, great tech support as well.

That's exactly what I need to do EPrado!!! I have to get rid of a 'bad habit' and start correcting this habit on Monday. I have all the P&L's turned off (except one) and while in the trade, I will cover the P&L up with another window. Then I just need to follow my rules and off we go.

Bit - I can see what you are saying. The purpose of this journal is to force myself to get rid of all these P&L's and focus on trading and letting my trading methodology to determine entries and exits. I am very confident in the trading setups that I use, I just have to give it time and room...

Bit - I have looked at short (1 min) to 20 min candles and have found the shorter timeframes work best for me. This keeps my risk/reward strongly in my favor. I found the longer timeframes get me into trades too late and then the risk/reward is not as profitable. If I can just remain patient...

Yes, bear, that is what I finally figured out... Not sure why it took so long, but it finally hit me. I guess part of it is that the DOM's are right there and it's so easy to just stare at them. And then in turn, too easy to panic and flatten a position over a small move. In hindsight you sit...

Mike - I've been trading for about 10 years and of that, approx 3 years have been mainly/only futures. I'm not sure why, but for whatever reason, last week the light bulb went off. I guess I was looking at a web based system for entering an ETF trade and I thought to myself that while you...

A PalTalk room may work better. Just an idea.

Oh boy... here we go... The formation of a bar or candlestick itself is really just a matter of preference on how you want to view the price action. Now, trading candlestick formations is a completely different story. Candlestick formations and patterns can show much more than a bar chart...

http://www.elitetrader.com/vb/showthread.php?threadid=82395 I had a little revelation myself recently and decided to start a journal to document my progress. Take a look!

12/10/06 I had a little revelation this week – when daytrading futures and using a platform that allows you to watch tick by tick and hit the flatten button instantly – this can be more of a distraction than anything else. My problem arises in that I noticed when I traded...

old school - in my opinion, to get 25-40% on the $100k, you have a few ways to go, all of which you've traded before. You can take a portion of the $100k and trade futures and make the 25-40%. Let's take a look... > 25-40% on $100k is $25-$40,000. > $40k / 12 = $3400 per month on average...

If you want to trade the DAX, then trade the DAX contracts. The only reason to be nervous about trading a 'big' contract is that you are not so sure about your trading methodology. There is plenty of liquidity there, so that's not the issue. DAX and STOXX are worth a look. TradeStation...

Comp - if starting in futures, I would like at: 1) INDEXES - ES, YM, NQ, ER2 2) Euro FX - EC 3) Crude Oil - QM And for some foreign feel, you can always look at the DAX and STOXX as well. Cash - there are normal 'bonds' out there as well - corporate bonds, municipal bonds, mortgage...

cash - as was explained in your thread about this subject, MONEY CHANGES PEOPLE. It does not matter if this person is your friend that would die for you, when $$$ is involved, that goes out the window. Make no mistake about it, money changes people. Therefore, AVOID mixing funds at all costs.

high - as Truff said, an LLC may be best. The catch is that you are going to have to pay attorney to do that. You said you are not putting a lot in at first, so that may be cost prohibitive. Can you just each set up your own account and trade it yourself? I would not recommend mixing of funds...

frost - sorry to hear that...

It's also part of many HD packages through your cable provider.

cash - I just glanced at a few of the calls in the journal and have one question - have you found that the majority of your winners are going with the current/short-term trend or against it? See if there is a correlation there and maybe you can weed out some losers. Just an idea.

In that case Comp, I would go in at the market. If holding for 6 mo's or more, that should have minimal impact on the end result but ensure you get in the trade. One thing to consider is maybe not going in at the market at the open. A trader friend of mine only goes in at the market at...