There are lots of people on this site looking for a mentor. I was fortunate enough to find a mentor. He manages a fund where the AUM < 20 mil. 20 mil is not a huge amount of money but it was a 1 man shop and about 4 mil was his own money. There were 5 people that worked there: 1 Office manager, 1 programmer, 1 Sales guy, 1 intern (me) and the big guy himself. My job was basically to get Diet Dr. Pepper and lunch for him. After working there for a while I was able to look at the daily trading statements and work with the programmer too. The big guy mostly traded grains and US bonds, and S&P every once in a while. It was all position trades and absolutely no day-trading at all. You might think why I'm posting all these if I had a chance to learn from a successful manager. My problem is that I am not disciplined enough to follow the rules. I got a long signal on 7/19/2006. I went long that day but got scared and closed the position next day. After that I thought the market should not be going much higher and I shorted SP- got stopped out and shorted more and got stopped out again and so on. Hopefully with this journal, I will be disciplined enough to follow my rules. As we go forward together I'll post in details but for any one interested I recommend you read Gary Smith's How I trade for a Living. (You can probably find a used book for less than $20), or pick it up from your local library. His methods were close to my mentor's methods with few additions/filters. More to come later.