my goal is to make 750/day with max drawdowns of 300. It is at my discretion to continue to trade after -300 but i am cut off at -750. my bank will be 250k (5k initial deposit 50:1) max deal size 85k layed out at all times. no trading before 10 or after 3:45 .005/share recap of my thoughts and market action. 8/17/09 10:20AM A/P amzn 700 @ 80.722 (Average/Price) S/A 80.65 -.072*700=-50.4-7(t/a/c) = -57.4 11:20 s/s A/P AA 2k 12.485 cover 12.42=+.065*2k=130-20(t/a/c)=110 11:20 ss ap F 3k 7.423 cover 7.36=.06*3k=189-30 tac=159 11:30 ss amzn 700 81.23 cover 81.51 =-.28 -196-7tac=-203 this is where I should have slowed down (lesson learned (hopefully)) ap amzn 700 81.575 sell amzn 200@ 81.7=+25 s/l hit 81.58=+2.5-7=total of +21 ss 800 amzn 81.55 cover a/p 81.725=-140-8=-148 ap 800 81.76 s/l 81.65=-88-8=-96 ss800coversame price=-8 ss pwrd 2 k@ 36.475 cover 36.78=-560-20=-580 1pm BREAK rule breakers: ss amzn 800 81.30 cover 80.85 +358 was beyond limit down ss aa 5k 12.36 cover 12.42-.06*5k=-300-50=-350 traded passed 3:45 -750 for day this was one of my worst days in months. I dont usually break my rules. I hope todays sub-par embarassing performance is not repeated AGAIN!!! But it is good to be honest with oneself and so I am not ashamed to say I made a mistake; I just hope I am smart enough not to do it again.