Yes I am there everyday off market hours researching and coding. As I said earlier, I work full time and have semi automatic strategy which my wifey trades. Need to pay bills right..car loans etc.. ? The strategy I had was more confusing to her and ended up in 80% losses. I am trying to come up with something more objective rather than subjective so that the real time confusion is less. Being from an IT field I have all the skills to automate a strategy, all I am looking for is an edge to exploit. Attached is one of the only short selling strategy I am working with. Market was in an uptrend but I managed to short it successfully. The results for last 6 months. I guess one trade every week. 1 nq contract, its 84% profitable ,total trades 25, comm $5 per trade, slippage $5 per trade. I will keep on forward testing this system, while I am researching others,I am in no rush, just wanna be one of the best.
Day (9) ER Mini ----------------------------- #1) - .5 #2) +1.8 ------------------ (+1.3 points x100=+$130.00)- (2RT x5.5=$11.00)= +$119.00 8 Day total=+ $952.00 Today =+ $119.00 ----------------------------- Cumulative=+ $1071.00 Was out of the house this morning on errands for the move. Traded a little but I'm in a mood today. At least I didn't over trade. Might as well stop before I get hurt. JIM
Day (10) ER Mini ----------------------------- #1) - .8 #2) +1.0 #3) - .3 #4) - .7 #5) - .6 #6) + .4 #7) - 1.0 ------------------ (-2.0 points x100= - 200.00)- (7RT x5.5=$38.50)= -$238.50 9 Day total=+ $1071.00 Today = -$238.50 ----------------------------- Cumulative=+ $832.50 I got the funk. Should have just hung it up today after that big move before trading started. Need to listen to the signals not to trade. It's hard to sit on your hands. Need a nap. Next week. JIM