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09/09/13: ($1504) [-2.32%] vs. SPX +1.00% This short trade is in danger of being stopped out tomorrow if we move marginally higher. Opened a small AGQ long @ 24.34

09/06/13: +$127 [0.19%] vs. SPX +0.01% Closed AGQ (silver long) for gain (details provided later). Waiting for Monday CIT window. Possible double (triple?) top on 9/9. Added to SPX short. Now 2.5x short and really pushing the rules of my trading. Currently averaging $21.96 (px...

09/05/13: ($122) [-0.18%] vs. SPX +0.12% Added to existing SPXU position. Now 2 lots. Holding into tomorrow. I sense weakness but we'll see how Friday plays out. Closed ZSL position for gain, long silver via AGQ (small position, 5% of capital). This is part of testing the silver system.

09/04/13: +172 [+0.26%] vs. SPX [+0.81%] Short silver worked out well today. Opened up a short 1.5 lot SPX via SPXU @ ~$22. Rationale was upper resistance, bearish div on CCI, and hit timing window. As usual, the stop is ~3.5% below price (risking 1.5% capital on SPX trade). I'm not...

09/03/13: +12 [+0.03%] vs. SPX +0.42% Currently flat on SPX. No SPX trades. Starting to small trade silver via ZSL and AGQ and test silver system hence the small P&L today. These are small positions that do not exceed 10% of capital and will generally trade around 5% of capital...

08/30/2013: ($585) [-0.88%] vs. SPX [-0.32%] Bad way to finish off the last two trading days of August. Was caught chasing yesterday and then today bought around where my system would indicate to buy at timing window (1633). Got caught in the downdraft, stop triggered, and now back to...

08/29/2013: -$320 [-0.48%] vs. SPX +0.20% Bad trading entry. Chased the move. Thought SPX was moving in a wave 3 of some kind after moving above EMA 20 hourly so bought 1 lot UPRO at ~67.64 10:45am EST. Afterwards, SPX kept correcting.

08/28/2013: no trades today. Today, I thought about buying the open but decided against it. Downside trend strength has been strong so didn't want to risk it. In hindsight would have been nice. Looking for a better entry to go long.

Probably the trend line from 1343 low to 1560. I'm watching that tomorrow.

ITD Performance: FLAT 0.00% The first month and half performance has been poor. While I am not a day trader, my daily hit rate is sub 50% (41%). W/L ratio is 1.08 but really driven by these outlier performance days. There are not enough observations to make the performance statistically...

Today: 08/27/13: +$2,137 [+3.29%] vs. SPX -1.59% Currently flat, sold all SPXU. I'm seeing conflicting signals from indicators and we are at risk of a quick bounce. If we are to bounce, I may be inclined to re-short. Based on what I saw, I decided it was safer to be in neutral for...

Today: 08/26/13: +$618.15 [+0.96%] vs. SPX -0.40% Behind on setting up the weekly performance. Holding 2 lots of SPXU. Still think we are going lower into end of week. Possible bounce tomorrow.

Today: 08/23/13: +$1.25 [+0.00%] vs. SPX +0.39% Closed last lot of UPRO @ 69.55 (bought @ 68.69) Bought 1.5 lots of SPXU so holding into Monday but wiped out the gains from UPRO today. Looking for a lower low to be put in but heck who knows. weekly review to come.

Today: 08/22/13: +$557 [+0.87%] vs. SPX +0.86% Still holding 1 lot UPRO into tomorrow. Timing window is tomorrow Friday in the afternoon.

Today: 08/21/13: ($196) [-0.31%] vs. SPX -0.58% Made an intraday UPRO long near the lows and then was stopped out later in the final hour. Still holding 1 lot UPRO into tomorrow. Thanks

Thanks Andrew for the feedback - I completely agree. I'm using less capital than when I started (about 2/3rds of before) and in hindsight I should use even less. From the start of this journal to now, aggregate losses are (3-4%) on total trading capital. This is clearly not ideal. I'm...

8/19/13: ($416.00) (-0.65%) vs. SPX (-0.59%) Continuing to hold 1 lot of UPRO into tomorrow.

8/16/13: +101.83 (+0.16%) vs. SPX (-0.33%) Re-bought UPRO, holding 1 lot into Monday.

08/15/13: ($690.63) (1.07%) vs. SPX (1.43%) Stopped out again. Not sure if it is the system that is completely broken now or I'm journaling during a period when system isn't doing well. It's hard to tell when it's done well before but just can't seem to hit any of the notes the past 3...

08/14/13: ($441.35) (0.68%) vs. SPX (0.52%) Got stopped out in the morning with small gain and then bought back in last hour 1 lot of UPRO. Timing window (last hourly bar) was another buy. I think people would laugh at me but this is the 4th straight buy indication from the system I...