Tuesday, May 27, 2008

Auto Trading Systems


Have you ever wanted a little help growing your portfolio? Maybe you don't have the time to devote to full time trading.

TradeLogger has partnered with Collective2 to bring you the largest variety of auto-trading systems found anywhere, each independently monitored and ranked without bias, purely based upon results.

Many of these trading systems can be automated right from your own broker and/or using your own order entry software. Some systems have a monthly fee, many forex systems are completely free and many systems only charge you a fee IF they have been profitable for the last 30 days. Not too bad. I'm not big on "gurus" that sell their systems and then pat you on the back. I like the idea of not being charged UNLESS the system is indeed profitable and I also like the fact that the performance of all of our systems are completely monitored daily with no bias or favoritism.

When you have found the right trading system for you, then use TradeLogger to help ensure you have only absolute minimal drawdowns.

For more detailed information about how to find just the right auto trading system for you, check out us out at TradeLogger Automated Trading Systems.

Saturday, May 24, 2008

Housing marketing continues to slide southward

Well, a matter that is definitely on the forefront of most people's minds is the housing market. Along with part time trading of futures and running my 3D animation business, my wife and I have been involved in flipping homes the past few years. Fortunately we sold our last property just before the credit crunch hit and we have been on the sidelines just watching the market for signs of an upturn. We'll continue to watch.

Monday, May 12, 2008

Making this the best year of my life

As I mentioned earlier, after 2 years I have put my day trading activities on the back burner, or at least 2nd priority. I still keep an eye on the markets and put on some short to medium term option trades, but I don't devote my full 8 hours a day to trading. I look forward to being able to do that again in the future though and I have every intention of doing so.

In the meantime, I am very busy with my revived 3D animation company. We bought RenderFriend server farm for other 3D animators to use on a lease basis. What I'm focusing on right now is the lessons learned from a book I just finished reading called "The Best Year Of Your Life" by Debbie Ford. It's actually my wife's book but I picked it up and started reading it too. There are no new life lessons to be learned here, but sometimes it's nice reading someone else's perspective on things we already understand. It gives us a a different slant on things sometimes. Making this year the best year of my life doesn't equate to finances necessarily, it's the steps involved in moving forward, being better, becoming better by taking an active role in the things that you do, not a passive role. Of course it's so much easier to take the passive role and let life happen to you. I've certainly done that.

But in rebuilding my company, the important thing is to take an active role DOING something every day. Make the day count. Put out the effort by making a new contact, enhancing your advertising, even take time out 3 to 4 times a week to exercise. I need to do that because what good is any future success if I can't enjoy it in a worn out body that I haven't taken care of? Taking active steps on your list to do something every day that moves you closer to your goal is what makes the difference. So, I'm keeping very busy with these things, even when I don't feel like doing them... I always feel better afterwards.

Wednesday, May 7, 2008

How are YOU making money trading the markets?

OK, time to open up the forum for discussion about how you are trading the markets these days. We all know there is no such thing as a holy grail indicator that works all the time, it's a matter of finding your own suite of indicators and refining how you like to interpret them.

What are your favorite markets to trade these days? Futures, options, forex, stocks? What are the timeframes do you like to look at when trading? 5-minute chart, tick chart, hour or day? And best of all, what are the indicators you like to use, whether it be CCI, whether it be stochastics, MACD or any combination.

For me I have been looking closely at a variety of stochastic settings along with some moving averages for medium term stock trading. Holding for 1-3 weeks. I also utilize options in my retirement portfolio use the ThinkOrSwim tools to help screen through various option possibilities.

So, what works for you? All topics and methods are always welcome for discussion here without fear of being thumped on the head ;)

TradeLogger - equity curve management

TradeLogger is a FREE program that helps day traders and swing traders minimize the drawdown in their equity. Close to 2,000 traders are now utilizing TradeLogger's easy-to-use interface to log their trades' profit and loss and receive a clear, consise signal whether their next trade needs to be a LIVE trade or a SIM trade. This is all based on how well their equity curve is performing.

The benefit of this program is it saves you capital when your trading performance experiences periods of drawdown while in a losing slump, whether it's due to the skill of the trader, or just lack of follow through from the market due to market mechanics.
You can download at www.TradeLogger.net.