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Strategies & Market Trends : Dow Jones Futures -- A free paper trading service -- Ignore unavailable to you. Want to Upgrade?

To: David who wrote (57)	1/20/2000 1:12:00 AM
From: Patrick Slevin	Read Replies (2) \| Respond to of 797

It's a test system that I finally started trading for real over the last few days, David. I'm setting up several accounts so I might be able to trade different ways. I'm satisfied with the way the trades have been working out. Obviously the Day Trade System (Intraday) is the most profitable. So my intention is to allow each account to pay for itself. I'll fund them each and trade them separately. It shall be harder to track the Day Trade Account (The Position Account) because it will switch as the Contracts roll. The SPX Account (Position) is one of two Day Trade Accounts. It is harder to trace that because of the Premium Burn between the SPX and the SnP Futures. ==================== EDIT I shall provide you with the data from the System, the Position Trading System. Not the Day Trades I may make in my own account. I do not wish to be unclear. My System may tell me to be Long but I may not be. I trade different ways. ==================== But if you like I'll tell you when the System is Long, when it is Long but Stopped, and so on. I do intend to trade it using one SnP contract . I'm confident in the system, unfortunately t only trades about 15 times a year. Also, the fact that the day trading systems are more profitable make the position trade system secondary places this system on the back burner makes me reluctant to consider it. However, the occasional moves out of the gate may make a positional trading system worth considering so it's now a part of my methodology. So if you like, I'll let you know when it establishes a position....as rare as that may be, and as short-lived as it may become. See the EDIT above. I may trade contra to my own system if it suits my purpose. I suppose the rationale is that there are Systems Traders and there are Discretionary Traders. I'm Discretionary. If I think the System isn't correct then I may trade against it. But I will tell you what it says if you like.