I decided to post my results and notes here because I wanted to follow Baggerlord's YM method in real time for a while to see how it works, but I didn't want to clog up his thread with my posts. There are several reasons why I decided to start this journal. First of all, I've been thinking about giving daytrading a try again so I figured it might be a good idea to start a journal and paper trade some methods and then get some input from others at Elite Trader before I start putting actual trades on again. Also, after seeing the following poll: http://www.elitetrader.com/vb/showthread.php?s=&threadid=20916] ES Points? Long-Term Average? VOTE! I can't understand why I'm unable to be consistently profitable daytrading. I picked this particular method to start with because it was very simple, and it's as good as any a place to start. In theory, one should be able to come up with a fairly simple and sound idea, tweak it a little bit to fit the market you're trading, your style, etc., and then trade it profitably. Since Baggerlord has been doing so much research and study lately, and since he already "tweaked" the system, I figured why not give it a try for a while. Regardless of the system or method I use, I know that doing this will bring out all of the trading issues, problems, hangups, etc. that I have, and then, hopefully, I can get some input from others regarding what is going on. The goal isn't to create a "system". Rather it is to learn the process of how to modify and adapt some simple methods and techniques to the current market environment and my own personality and style, and then apply them profitably. BTW, I could have pulled any basic trade setup that appealed to me out of any book for the purposes of this thread (and maybe tweaked it a bit myself), but for the reasons I mentioned above, I decided to go with this one for now. Here is the link to the thread: Baggerlord's Method for Scalping the YM This is a summary of the rules: Chart Setup: 1 minute chart 34 eMA 10 sMA of highs 8 sMA of lows Pullbacks: Long: Wait for two consecutive bars completely above the HMA. Wait for a lower high and go long on the breakout of the pivot. Short: Wait for two consecutive bars completely below the LMA. Wait for a higher low and go short on the breakout of the pivot. Range Trades: Long: Wait for a bar completely below the LMA. Go long at the break of the high of this bar. Short: Wait for a bar completely above the HMA. Go short at the break of the low of this bar.