Eh I suck at journal titles. I wanted to start a journal 2 months ago but got sidetracked by Anek's thread and was constantly posting in there. I was recommended to start my own journal once again, so here I am. EXPERIENCE: I have been swing trading for just a little over 1.5 years with the last few months being moderately positive. I think I am better suited for intraday trading because of my patience, but we shall see. My initial experience with futures have been really good, although I have for the most part traded based on feel, which is a big no no in my opinion. GOALS: My monetary goal is to take a hypothetical account equity of $5000 and with a maximum daily drawdown of $250 and maximum weekly drawdown of $750, double my account. There is no time limit for this task. The drawdown limits I am imposing to mirror what I would have to do in the real world to feel comfortable. If I am able to pull off this task without more than a total drawdown of $1500, I will go live. The goal that matters most, however, is that I stick to my trading plan. This is the purpose for creating this journal. If at any time I break my rules, I cannot lie to myself or anyone else and make excuses. Trading Plan: I will for the most part use a trend following method. I will be using nothing but price, volume, and T&S. No indicators of any kind. I will for the time being have 2 charts that I will trade off of. A 500 CV chart and a 1000 CV chart. I will use whatever gives me the best entry and sometimes will drop for a lower time frame if need be in a fast market. For trend qualifiers, I will be making mucho mucho channels and trend lines and will be watching the 60 minute chart as well as the 5 minute chart for volume. I will also be paying attention to times of important economic news/contract expirations which I have never done before and see under what conditions are most ideal for me to trade in. I will for the most part stay out of dull times unless I see something that MUST be taken. To get my bearings, I will have the previous days close and High/Low plotted as well as the day's open on my charts each morning. I will be trading a single NQ contract using MBTrading feed (which I will change when I go live cause they suck) and Opentick for historical data. Entries: 1. White Hammers after completion if can get in the range of the white hammer (vice versa for shorts). 2. A break of a smaller time frame trendline that is with the bigger time frame trend with a wide range bar (greater than last 3 bars bodies) 3. A break of a faster moving trendline near a previous long term trendline with a WRB before the break of the smaller trendline as in #2. This scenario will have better r/w, but a smaller probability of success. There must be at least a 1 : 2 risk to reward scenario for all of these setups. Always enter after the completion of the signal with limit order or during the last few remaining moments before a bar closes. After 2 bars after the signal, I will cancel the order if I don't get a fill. 4. A break of a long term trendline. A wide range body must visibly penetrate the trendline. My signal will be based on a pullback to 25-50% of the previous bar length (i've heard of this called a "kissback" bar). Exits: To the first profit target, a break of the new trendline created with the assertion of the new trend(a close below/above it) or a wide range bar or 2 normal bars closing above/below the last bar. If profits locked in, use a longer term trendline or keep putting stop underneath last low / above last high. I will also be looking at things like equal moves, previous resistance/support levels, fib extensions, wave count, slowdown of momentum (with shallower sloping waves) to get me out earlier if I think it can get me a better price. Stops: Stop will go one tick below the lowest/higher bar in the entry. For entry #4, it will be above/below the bar previous to the "kissback" bar. Other Considerations: I will be constantly looking for new setups and better entries/exits. I will be discussing their potential use here. I will also be attempting to learn to read the tape using T & S. I will not be taking ANY signals off of any of my findings until I can verify through enough experience that the findings are indeed valuable. This is a problem I've had in the past - by integrating too many things into my system, I don't know what accounts for my successes and what accounts for my failures. As a reminder, I would like to start looking for a Piscuy style entry where in a pullback or bounce, the bar does not make a new high/low and the entry signal is given on the break of that bar with the overall trend by 1 tick. This will be a project for me to do in the coming weeks. Hope that wasn't too long. I undoubtedly forgot many things so I will have to post them later. I am 100% confident that if I am able to act disciplined, I can take my trading to a new level and this is what the journal is really all about. More about my discipline will be posted in later responses. Thanks to anyone who participates!!