Pain, suffering, greed.... A system trader has the "luxury" of experiencing all possible emotions in a compressed period of time. From Hero to Zero in just a few days. The systems are all still working perfectly and are all within acceptable parameters to keep everything running - The problem is greed. Because all/most systems tend to work very well for a while and then stop working well at some point, the tendency is to escalate trade size in an effort to pocket as much as possible while the goose is laying golden eggs - The problem is that some times the goose get run over by an 18 wheeler. I will decide my next move later tonight - I may run everything as-is for another day or I may change it.
Today's Action:
The 7:30 Russell chart suffered a stop loss today - just like yesterday. This is the first time this has happened since I started it - but it has happened many times within the back testing period - so this is still "normal". It feels like a kick in the gut.
The 11:15 Russell chart looked like it had the direction right, but it didn't make enough to trigger the trailing stop before falling at the end of the day for a small loss.
Yes, I turned the Bond chart back on. This damn thing has made money every day since I turned it off - go figure
OH yes - More punishment please.... I added this S&P chart to the mix this morning. It trades from about 11:15 till the end of the session. I will leave it on for now trading just one contract. I have had bad experiences trading the S&P during the day but this system seems to work well - lets find out.
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