I'm creating this journal in the spirit of traders helping other traders. I think this is the reason why the E.T. website was created. However, in my opinion E.T. or any other trading forum misses this objective. Firstly, there is just to much worthless things to read that it becomes for me any how a very boring venture to keep up to date. Secondly, as all traders know the true facts about this business at least 80%. I think more like 90% of traders are losing at what really counts their end of month brokers statements. Which means most likely the person who is posting is losing at trading. This number may even be higher than 90% on this website. The fact of the matter most really successful traders don't even bother with internet forums. I said most not all so there are definitely exceptions. Now to my intentions of this journal. I have been in this business year in and year out and make money every single year. For you reading my post here I would like you distrust that last statement and think I'm a loser at trading. That is my intention I want to turn your distrust into trust. I will do this by posting my trades almost live (1-2M) delay due to record keeping after I put the trade on. The reason I'm doing all this I would like to come in contact with people who have a genuine desire to learn how to trade. The kind of person who is looking for the path to success. He or she knows there are no shortcuts and its going to be a long journey but they are willing to try their hardest to stay on that path. I belive by helping people who fit that description the act of teaching them will help me grow as a trader as well. And be absolutely sure I'm in the business of trading not the business of coaching, or newsletters, or some kind of useless service. I hold a very low opinion of so called "mentors or coaches" If they were genuine they should offer their services for free because they should already be making a nice living out of the markets. If I do ever gain your trust all information will be free be sure of that. My working philosophy on the markets are as follows. Trade one market and trade it well. I only trade the YM contract. Don't high frequency day trade if you can't constantly buy on the bid and sell on the ask. If you are not on the floor it very difficult to do this. With that being said it doesn't mean that I don't enter and exit in the same day. On most of my positions I do enter and exit in the same day but many times I hold that position up to three days to meet my objective. I guess the best way to describe my method is a hybrid of daytrading and swingtrading. I base my trades from intra-day charts and volume with an aim to extract 80 dow points in the direction of the daily trend. 30 points if the trade is against the dalily trend. In the event my trade is against the daily trend I will never hold over night. I use a 40 point safety stop and have a chart stop that is usually smaller than that. To make that more clear I will put it in table form Contract: YM Trend Target: 80pts Counter Trend Target: 30 pts Safety Stop: 40 pts Well let the journey begin and I'm really looking forward to coming in contact with some genuine students of the markets. Please note that I focus on quality trades so there are many days when I receive no signals. On average I recevive 2-5 trades per week.