Tuesday: My 6k Mess

Base System: 20W - 7L = 27T = 74%
Sub System: 8W - 2L =10T = 80%
Summer Camp System: Winner, heat 3.5 points

Due to my goofing off yesterday and having my internet connection went out in the middle of a trade, I had to start my Ninjatrader today with a -6K loss. My trade stats are off due to that issue on todays posting. I did manage to collect 29+ points on aggressive 2-4 contract trading before 11 am. I even took some longs against the massive down move.

Overall I was happy with today's trading, I was in control and was able to keep stops larger than normal but honorable. Who knows, maybe with more time I could have recovered the full 6k in one day? The signals were very hard to read today.

Chart of the day shows a nice long out of the market open.

Monday - Trend day from Hell

Base System: 14W-6L=20T= 70%
Sub System: 6W-3L=9T= 66.6%
Summer Camp System: Winner, Heat 1.5 points

An amazing run long after the opening jitters had cleared out, was it news? The system had their worst day ever! It's about time they showed some sort of weakness.
I had my +4.25 points done early and completed them on the start of the giant run up.

Later I played around with a lot of contracts and had to start Tuesday down 6k due to an internet outage in the middle of a trade. See Tuesday post.

Chart of the day shows the signal to go long that I took some of.

Nice week! 55 Net points for the week

Base System: 18W-3L=21T= 85.7%
Sub System: 13W-4L=17T=76.4%
Summer Camp System: Winner, no heat

What a week 55.5 Net points NOT including my best day ever where I was away from the pc. See earlier weeks post.
I had a very sane relaxed trading day with a net of 22+ points. Most of my market feel was dead on and the signals were good. I took some system signals and also price action signals. I had few small runners and a few nice 2-4 contract 1 pointers. I finished up the day with a fade short of the 2:45 ridiculous run up. Quite possibly short covering from the 2:30 down move??? Probably about 12 trades max. on a total of 36 contracts for a NET gain of 22.25 points, just fantastic.

I making the most of this simulation time by trying different tactics. I am spending a lot of time now tracking the price action system. So far it looks like if automated it would post consistent weekly gains without using a traders emotion. Certainly there are times when I feel I can make better decisions than automation, but I think there is something to be said for the cut and dry automation approach.

My chart of the day shows a nice back to back setup that occurred late in the day...crystal clear "base system" signals.

I hate trend days.

Base System: 21W - 8L=29T= 72.4%
Sub System: 9W-4L=13T= 69.2%
Summer Camp System: Winner, Heat 2 points
Price Action System= Loser

I traded quickly and heavily and ended up with a nice gain of +10.25 points. I always do awful in senseless running markets like we had shortly thereafter. Absolute senseless run ups, unless this was news related? Look for a nice retrace down tomorrow.

Chart of the day shows a long I caught a bit of. The price action system has it ups and downs, but after 30-40 trades a day and fees, it's tough to stay positive. I will keep working with it.

When does +27.25 points not count?

Base System: 34W-5L= 39T= 87.1%
Sub System: 13W -5L=18T= 72.2%
Summer Camp System: Stop out 2x Reverse Even.
Price Action System: 6 points- $300-fees Net $146.40 or three points

I knew I would not have time to watch the markets today. When I saw the premarket run up (which stopped me out twice) I traded to get back even and then placed some long orders below the market. I did this knowing they had a good chance of filling where they were sitting. When I got to work they had filled and hit my profit targets and were still running 3 contracts up at 6 points. I quickly closed them out for my largest trade ever.

Later in the day I faded an emotional run up knowing there was a level that had a good chance of reversing. I hit that with 4 contracts knowing it would drop far if it dropped, but decided to take 1 point because I could not hang around to manage the trade. I was happy with the 1 point and of course it fell like 7 plus points more.

So my most amazing day without me at the pc hardly at all, go figure. That's also why today's total do not count in my book. Chart of the day shows a price action signal. The price action system is a work in progress. I am trying to filter out some trades to reduce fees and filter losers.

Tuesday: Taking candy from a baby +14 points

Base System: 25W-3L=28T = 89.2 %
Sub System: 10W - 3L - 13T = 76.9%
Summer Camp System: Stop out, reverse even.

Between the base system having a good day and my automation signals, most of my trades went my way. Some required some aggressive trading, but most went my way quickly. I was going to stop at 3 winners for the day, but I kept seeing viable trades. Today was a great day overall the only issue being leaving a LOT of profit on the table. Then again - this is a 1 point target for the most part, so be it.

Chart of day the yet again looks the same - picking the exact bottom or top!
My automation was even today, but I need to recalculate because I do think it was up about 6 points net. It is very tough finding the time to write the paintbar logic and tracking and testing the automation signals. I am very interested in it though and took quite a few and watched all of those trades today. I have to tell you its making me a better trader. I can relax and wait for a paintbar to fire off, then make a decision. The nice thing is the turn on and off, on and off and the bar is getting ready to close. It is like an alarm. Eventually I will record audio alerts that may even include an announcement of the signals probability percentage.

Monday: The Money Machine - 83.8% +9 points

Base System: 26W-5L=31T = 83.8%
Sub System: 13W - 2L = 15T = 86.8%
Summer Camp System: Winner - Heat .5 point
Price Action System: 10 net points! Trying not to get overexcited

Amazing things are happening right here and now. This base system has performed well for over 7 months and now I might be on the cusp of a semi automated trading system! What is occurring during this simulation period is just amazing.

I was able to Net 9+ points today on a mix of price action and Base System trades. My trading was about 70% and was fairly rough. I am not pleased with my overall trade performance.

Over the weekend I spent quite a bit of time backtesting and crunching numbers on the summer camp system for a friend. It is an interesting premise, but has not proven itself to me quite yet. I had about 38 days of data into my spreadsheet but want to see about 350 trading days before I make a final judgement.

The Money Machine arrived today. Obviously I am using sarcasm there, but my automation system consisting of three types of signals had a point gain of 10 points between midnight and just after the close, minus fees. An amazing first day. The stop is basic and does not trail. I will be trying to optimize the trade management as I go along. I still have one to two more automation ideas to add in, but so far I am optimistic. I backtested many signals and kept those in the 70% range and dropped those in the 50% range.

Chart of the day shows a base system trade where it yet again I picked the exact bottom. Simply amazing.