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Equity curve

As I mentioned in the previous posts, I am trying to automate my methods using my friend's help, and so far we did not make much progress, as we are really struggling with putting my trading methods in a computer code. We will give it couple of more weeks, and then probably abandon the project...

Correct. However, the initial idea behind the model was to get a probabilistic view into something that is not visible from the price action itself. For example, the model was designed to answer the question - when X, Y and Z events happen, what is the most probable direction of the market in...

I appreciate your feedback. Your comments actually make a lot of sense, as the highest point of anxiety in my trading experience usually comes at the time when I get conflicting signals from the 'model' and the price action. And the anxiety in turn leads to poor trading. I have been thinking...

Account screenshot

I have been working on systemizing my trading approach last week with limited success, as I find that many set ups / ideas that I use are extremely difficult to squeeze into 100% mechanical framework. As my programming knowledge is light, I was trying to explain what I need to my friend who is...

There is no need to post charts, just take a look at NDX from the end of December. I was shorting the rally on the way up, and got stopped out a number of times. Then, during consolidation phase in the first half of January, I was still trying to short at every sign of weakness, and got...

After some soul searching and continuous bleeding of the account in the last couple of weeks, I decided that pure discretionary trading is not for me. I kept trading limited, but nonetheless managed to lose some money since the start of the journal. It almost seem that I got lucky in 2009...

On a high level there are three inputs in the decision making process: price action on multiple time frames - from 1 min to weekly. I use very basic stuff - support, resistance and trendlines, and I do not use indicators at all. The most important time frame is 15 & 60 min chart; this is my...

Account balance screenshot.

I started a journal in the middle of last year, but stopped for personal reasons. I will give it another try, and hope to be more diligent this year. Trading in 2009 was great - I returned ~ 146% in five months trading only Nasdaq100 futures with no losing months. In January of this year...

bump

I am in the process of becoming a CTA and looking for the following recommendations: * lawyer - to help with a disclosure document * accountant (CPA) - to audit my proprietary futures track record Thanks in advance.

Daily recap for Monday, August 17, 2009: I covered a short position (initiated yesterday at 1,606) first thing in the morning at 1,572.50 for 33.5 pts gain – way too early considering the market action later that day. I was looking for a bounce back to key support levels that were broken...

Sold 1 NQ short at 1,606.00.

Forgot the attachement in the previous post.

Ramp – I appreciate your support. This is a set up that I am currently looking at on NDX cash chart. It looks like my call on Friday was off – there is no continuation of Friday’s last 30 min rally in GLOBEX. I will try to make the best of it and re-enter half of the short position (1...

bentedges, thanks! I decided not to reenter short position today. There is a high probability that the last 30 min rally will continue in overnight GLOBEX on Sunday or on Monday morning. I will leave some opportunistic limit orders on Sunday night in case futures rally in Asian or European...

Closed a short position of 2 NQ contracts at 1601.25, that I entered into at 1,628.75 after the Fed meeting for 27.5 NQ pts gain on each contract. I am still extremely bearish; however I don’t think the market will go down in a waterfall fashion. I will be looking at higher levels to...