Recent content by TerryS

Thanks for the advice guys options: any reason why NYSE is more dangerous than NASDAQ? Have I been lucky so far? Broadsword: Largest drawndown so far is 10.3% with max conseq losers = 5. You are right I am aware that the biggest problem will be doing it consistently with money on the line...

I'm swing trading NASDAQ and NYSE stocks.

Tuffy Thanks for the suggestion but I don' t have backtesting capability and there is a discretionary aspect to the entry , it might be hard to backtest. Terturk

When to put money on the line?? I have been forward testing a simple short term trading strategy alongside my other trading. The sample tested so far is 69 trades since Jan 05. I have been surprized at the results. 58% profitable trades Average profitable trade 1.73 R (R =$ risked) Average...

Tuesday 10 May MON trade closed @ 61.38, +$131 No new trades were triggered yesterday. I'll see what happens today. Fighting the urge to jump in without a valid reason. Portfolio update, +$110

I purchased Todd's course last year. It is clear and concise, not revolutionary but useful. The reason I bought his course was because of the excellent lifetime backup he offersand the money back guarantee. I had a day 's training (via telephone as I live in New Zealand) which was good. Post...

Sunday 8 May VLO trade closed @ 67.75, +$48 MON entered @ $60.05, ended the day at 60.64, +$57. Portfolio update, +$36. Still churning my account waiting for better market conditions.

Thursday 5 April TRI trade closed @ 50.46, +$10 On 2/5/05 I bought 100 MON @ 58.90 and exited at the end of the day $59, +$8 Today I bought 100 VLO @ $67.25 for a 2 day hold. I seem to be treading water at the moment, not making much progress. Patience, keep taking the trades, I must be...

Friday 29 April CTSH trade was stopped out @ 41.53, -$198 I bought 200 TRI @ 50.40 and it ended at 51.25. I will exit this position on Monday at the close . Portfolio update, +$81. Reflections: After being down almost $1000, my account has recovered to basically breakeven. I am still in...

Thursday 28 April I bought 200 CTSH @ 42.51 (stop 41.65) I am fighting emotions on this one. The market looks weak but trade what I see not what I think.

Wednesday 27 April TRI trade closed @ 50.17, -$24 No trade was triggered yesterday and nothing looks good on my daily charts. I will be sitting out today. Portfolio update since 6/03/05 +$111

Premarket Tuesday 26 April TS trade closed @ 60.10 +$110 TSI still open (+$101) Tomorrow I will be looking at ABCO, ASR, CHTT, LFL for an entry after a break of previous high. First come first served. Portfolio update +$236

Market Open Monday 25 April I bought 100 TRI @ 50.40 (Stop 49.39) TS trade is still open. The market has broken recent resistance but I am trading smaller position than normal until clear direction is seen.

Friday Open 21 April I went long 100 TS @ 58.99. A break of high of yesterday's spinning top. Stop 57.72. A small position as I wait to see if this rally will last.

Tuesday Close April 19 BYD trade closed @ 53.10 , -$40 No setups for tomorrow, the general market still looks dicey, I will stay out for the meantime. Portfolio update since 6/03/05 +$25