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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures

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To: walker v who wrote (1782)	7/30/1998 8:26:00 AM
From: SE	Read Replies (1) of 44573

Couple of suggestions for auditrack/auditrade. Print out your "view activity" page daily. It shows your trades, prices and times of the trades. This information is periodically closed to the "view reports" screen which up-dates your account balance, commissions etc and then it is gone forever. Second, you will make trades with auditrade that you would not do otherwise. Heck, that is part of the purpose. When you decide on a strategy or method, keep track of those trades separately. For example, my account is down from the initial $100,000 paper money you start with. However, I do know that the last two days have been very good. Prior to that I was experimenting with some different things, tried an overnight contract or two, put 8 contracts on once to try to get the account balance back up....etc.... Those were the goof off trades. If you are trying to learn anything, you must keep a separate ledger so you can actually see what you are doing. Don't count on auditrade for it. The fact is auditrade simply gives you more reasonable market type fills for paper trading. The rest is still up to you. Almost every future trader I have spoken to keeps a ledger of all trades, reconciles every night and examines each trade for reasons for success or failure. Good Luck! -Scott

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