[bathrobe]

Here is the beginning balance and statement. I have not traded this acct since the 22nd. I had to divide it up because it is several pages. ~$2500

By the way, If anyone uses Dorman and knows how I can get a simpler statement to post please pm me.

[thalestrader]

Originally Posted by bathrobe »

I will enter, and post the next time I receive a statement in my secondary account which I will be trading for this race.

Hi bathrobe,

That's great to hear - I was hoping you would join us!

Best Wishes,

Thales

[thalestrader]

Hi Folks,

So far I have the following folks who have posted an opening statement and declared themselves in the race.

Let me know if I am missing anyone.

yeaheah $137.80

sicktrader $941.00

thalestrader $1537.75

daedalus $1653.85

bathrobe $2542.38

Best Wishes,

Thales

[sicktrader]

Thales, what a fine job, can't say it enough. My statement in the AM will remain unchanged, as I painfully stood on the sidelines for that 200 point move on the Euro. Things should be moving for me tonight though, hoping to ride the Aussie for a bit starting in a few minutes.

PS. I actually have another $.31 in there but for some reason RCG doesn't show cents on that page, only on the daily statement that they email to me.

[sicktrader]

Finally got into a trade. I know we don't have to post live calls, but I have nothing better to do since I am watching it. In long on the Aussie at .9142. Initial stop is at .9117(may be moved up), target is at .9159.

[sicktrader]

My first one was a winner which will lower my chances of having to post up more cash. +170 for the day (less commish) so far. Won't have a trade until the Fed announcement at 2:15. Good luck to all.

[thalestrader]

Originally Posted by sicktrader »

... My statement in the AM will remain unchanged, as I painfully stood on the sidelines for that 200 point move on the Euro...

The market had a lot to give yesterday, but you were not the only one who didn't take advantage of all it had to offer.

A word about how I am trading this account. If you have followed the "Reading Charts in Real Time" thread, you know I primarily trade the 6E, and I look for what are commonly referred to as 123's and 2B opportunities. For this account, at least initially, I am doing something completely different.

A couple of weeks back, in a discussion with a couple of my trading friends, I was asked whether or not I thought it were possible to trade an indicator based system profitably, whether automated or manual. I said yes, because I truly do believe that psychology more than system or method is what ultimately determines whether or not someone can turn a profit. Well, the challenge put to us by one of my friends was that we each come up with an indicator based system using indicators freely available to anyone and see whose sandbox could perform the best over a three month period. So, you see, I have called upon my little sand box to perform double duty.

So these trades are based upon what the little indicator combination I selected signaled me to do. It is a simple system, entirely made up of a combination of moving averages. Nothing startling, new, original, etc. and so on. I do not want to go into exactly what I am using as my friends, while steadfastly refusing to participate here at TL, nonetheless have become devoted lurkers, I do not care to let the cat out of the bag to them until the conclusion of our little side competition.

Yesterday, I took three trades, all on the ES. The first was a long trade that was stopped for a 2 point loss. I am applying this system to both 24 hour data and RTH data for the ES. The long was signaled on the 24 hour, but not the RTH. That trade was one contract, for a 2 point loss. Soon thereafter, both the 24 hour data and the RTH data signaled short entries. That trade was for two contracts (one for each signal). Soon thereafter, the 6E also signaled a short entry, but as I was already short two ES's, I did not want to add any further position to the little account. This trade resulted in a three point profit on one and a three and a half point profit on the other contract. I thought I had set the DOM for multi-trailing, and instead had set it for multi-bracket, and thus I was taken out of the trade prematurely. Such is the nature of pilot error. To be fair, I had my hands full trading my regular account as well as the fund account. But I will have to be more careful moving forward.

I will not typically be this detailed when I post the daily blotter, but I wanted to make sure no one thought I was simply "doubling down" after losing the first ES trade. My intention is to keep my size at one contract/signal until the equity is greater than $3K. I counted the ES short as two separate signals as it appeared on both the 24 hour and RTH. This will likely be an AM session phenomena, as the MA's all "catch up" with one another by mid-PM session or so.

The system also gave two short signals on the ES in the PM session and two on the 6E as well. I did not trade the PM session yesterday. I never paid much attention to this TA statement, and I have no idea what the deal is with those timestamps - my trades occurred about four hours earlier than noted on the statement.



At any rate, a positive start, but not nearly as positive as it would have been had I exercised a bit more care. But I take heart knowing I have only $999,787.90 to go!

Best Wishes,

Thales

[brownsfan019]

Thread cleanup will be begin shortly.

Keep it on topic fellas.

Thanks.



FYI - I can only do a 'soft' delete so that's the best I can do w/ the mod status I have.