I am starting this journal to see how well a strategy for trading ES will work. Here is a link to a post about the strategy http://www.elitetrader.com/vb/showthread.php?s=&threadid=29214&perpage=6&pagenumber=1 I will be paper trading this strategy, which consits of buying at S1 and shorting at R1. I know a lot of people will have different S/R numbers, but most should be within .50 of each other, which is also why I will be buying a tick or two below S1 and shorting a tick or two above R1, using a 2.25 stop loss and a profit target of at least 2.25 points. If I get a buy at S1 or a short at R1, I will use a trailing stop to help lock in profits, with hopes of making more than 2.25 points. Trailing stops will work like this. Once the initial profit target of 2.25 points is reached I will move a trailing stop to +1 point, if the trade moves to 3.00 points profit I will move up the stop to 2.25 points, if the trade goes to 4.00 points I will move the trailing stop to 3.00 points, if the trade goes to 5.00 points I will get out completely. I will paper trade this and if it is profitable and I am comfortable with this, I will trade it live. I will post my buy and short prices along w/the stops and profit targets in the morning of each trading day and try to update live as much as possible or at the end of the day.