Hi there, I'd like some feed back on my futures strategy. I will be trading with IB, and using the ActiveX interface to automate some aspects. Strategy goals: 1. Be profitable. 2. Be automated during the trading day, so I may continue to work at my job (programmer). 3. Keep trading to a minimum. Time frame is days. My trading instrument is the big dow contract ($10 multiplier). Each night I perform medium term TA, similar to this http://www.signalwatch.com/signalwatch/markets/markets_dow.asp and establish the level I want to be long above, and the level I want to be short below. So all orders are stop orders. I get stopped into positions, and stopped out of positions. Assume long for the following discussion, reverse for short: When an order is filled, a stop loss order is issued 10 points below market. If the market moves up 10 points, stop loss is moved to breakeven. If stopped out, the new buy stop is entered just above the high of day. If the dow is going to make a medium term move, this will eventually catch it. If I am in a position overnight, I set new stop loss order to capture some of the profit. I have been testing this, and so far it has been profitable, catching a 100+ move every 2-3 weeks, and getting stopped out at a loss rarely, usually at breakeven. For example today my level to go long the dow cash index was 10400... So far, I went long at 10400, dow moved to 10412, stop in at 10400. Stopped out shortly after. Went long at 10412. stop in at 10402. Currently long at 10445, 33 point profit or $330, stop is now in at 10414. So what do you all think?