I'm going to stake out my journal here. Goal: Simple, swing trading strategy that generates a minimum of trades. Trade one stock only. Make 30% in 1 calendar year. Strategy: 1. Trade only SMH, based primarily on 60 min panic zone charts. 2. Contain my risk at 1% of account size per trade. 3. Only consider a trade when SMH has reach panic zone. 4. Enter trade when major trendline on the 60 min chart has been broken. Stop is just above recent low/high. 5. Use trailing stop based on intraday support/resistance formed since entering the trade. If/when the stock moves to the other side of the channel, become agressive with the trailing stop as the stock has a high chance of reversing from this level. Trades: I started trading already this year. First trade was a loss, stop out at 1% loss. Currently short SMH. 02/01/2004 SMH 41.6 SHORT 05/01/2004 SMH 42.08 COVER -1% account loss 2004-01-13 SMH 44.9840 SHORT. Stop is above recent highs now, trailing it down as SMH makes lower highs.