I'm going to try my best to use this journal to collect my thoughts and put together something to attempt to extract profits from the big bad ES contract (yes, the ES! ). A few thoughts... - It seems the handful of known pro equity traders on this board say that trading the ES is probably not the road you want to go down if you want to succeed, and I completely agree with them. I realize that trading equity offers advantages you simply cannot get from trading futures. Unfortunately the only thing I can trade at the moment is futs (for a couple of reasons) and I want to trade so I'm going to give it a shot anyway. - I heard a saying a while back: "A bad plan is better than no plan at all" I believe this clearly applies to trading in that without a plan you're completely screwed. How can you analyze your trades when you have no or only a half assed reason why you took them? Of course your trading plan is going to be flawed all over the place in the beginning but the rules will be adjusted as more and more trades are place and more knowledge is gained. - I'm going to steal some ideas off previous posters just to get me started. I read an old journal by no_pm_please where he was trading the ES and had some decent rules. I have no idea if his ideas work but you have to start somewhere. Maybe I'll take some stuff from his journal. - I don't really know what my trading plan is just yet. Thats what this journal is about. Just to get myself to write things down and progress. - I'm going to paper trade for a bit (i know, boooring) to see what happens. Luckily you can paper trade the ES and its basically like the real thing as far as execution. - hopefully this thing evolves and progresses, if not, oh well. I may decide in a couple days that I don't feel like doing this and just stop posting. We'll see. - I've never been much of a writer.