*Simulated* Trader P/L 2007

Finally for last 4 days continious positive territory.
Not a single losing day in last 4 days.

Actaully I dumped my old strategy which always gave me more losses then profits and started taking signals from a new strategy from tuesday onwards. It looks good for now. I will keep on testing

My first goal is consistent positive territory. I will keep on testing. I will try to forward test this new method in different market conditions and see if it holds markets forces.

in 4 days straight profits
cum = + $ 850
 
Quote from NoEmotions:

Finally for last 4 days continious positive territory.
Not a single losing day in last 4 days.

Actaully I dumped my old strategy which always gave me more losses then profits and started taking signals from a new strategy from tuesday onwards. It looks good for now. I will keep on testing

My first goal is consistent positive territory. I will keep on testing. I will try to forward test this new method in different market conditions and see if it holds markets forces.

in 4 days straight profits
cum = + $ 850

Good job. :)

Now try to focus on what is happening on the weekly level.

While we do day trade, there's a lot of randomness in the intra-day price action (called noise or dispersion) which can give us a loss, even though we use discipline in our trading and take our signals according to our set plan.

But analyzing your results on a weekly/monthly basis will show the true trend of your trading much better.

Good trading,

JJ
 
Good day today. Up $325 on 5 RT. All before midday. Sorry for not posting for the last week or so. First I was running some crazy strategy (my infamous 1/4 point theory), and then I was banned from ET for a couple of days. However, I am back. tomorrow, I am going for my first test. No more fun and games. I am lacking myself in my office and will only trade my system with all rules and regulations that I have created to be profitable. No more experimenting, no more playing with the kids. Work, discipline, management. First break is at 11:45 for food and 45 minute biking, then back to work at 1:15 to the end. This will be repeated the whole week and if I can keep with it and make consistent profits........ I will finally deposit my 6K with Open R Cry and start my second level of trading education. Wish me luck guys!
 
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