Longer term, higher risk intraday trading rules for eRussell 2000 A. One time frame and one indicator only. B. Indicator is used for trade entries only; as opposed to trade management. C. Trade between the hours of 830 and 1505 CST only. D. First trade. Look for reversal signal from last printed signal between the times of 830 and 840. If no reversal signal given by 840, trade in direction of last signal. E. Upon entering trade, hard stop of 15 ticks. F. At 10 ticks profit, move stop to break even. G. At 20 ticks profit, protect the first 10 ticks. Let stop sit. Wait to either get stopped out or reversal signal. H. If reverse signal, enter double traded contracts and hit appropriate buy/ sell key. I. If stopped out, wait (look) for reversal signal or continuation of trend signal. J. Continuation of trend: If price ticks 1 above the highest high of current long trend (between last 2 opposite signals) or 1 below lowest low of current short trend, reenter position. See instructions E to I. K. 3 consecutive losses, trading stops for the day. L. Worse case scenerio: 30 tick loss, 1 tick gain all day. 15 ticks X 2 trades = 30 ticks. 1 tick gain covers comission but is not a loss. Does not violate 3 consecutive loss rule. 21 trades maximum for day, 14 losses of maximum 15 ticks. 15ticks X 14 = $2100 maximum drawdown for the day per contract. M. $10,000 margin per contract traded. "Winners take care of themselves but losses never do." Jesse Livermore Always, always, always focus on what can go wrong and assume the worse. If you are bored-out-of-your-gourd, you are doing something right. Trading should never be fun. Fun is an emotional state. Keep emotion out the markets. That is the other guy's problem. Their emotion is how you earn your living.