Since a lot more people have started looking at this, I thought I'd add a few general comments...
I do not post here everyday with updates.
I will post when something interesting occurs in my equity curve, or the contest. I will try at a minimum for once a week posts.
I usually post around midnight, since that is when I get the official equity number on my daily statement.
I will also post when I get a question or comment.
You can sign up to either follow this blog, or to get e-mailed when I make a new post. That way you won't miss out on the action!
Someone asked how often I trade. For this account, which is a different system/strategy than other non-contest accounts I have, I have made 14 "base" trades this year so far. I am currently still in 5 of them. They last from a week to a few months, unless I get stopped out.
When I say "base" that is the initial position. Subject to available margin, and profitability of the position, I may add to the position. I may also peel off contracts if I run into margin trouble (I am usually close to pushing margin limits, BECAUSE THIS IS A CONTEST. I do not do this for regular accounts, and I do not recommend you do it either!). I do not count this adding/taking off contracts in the 14 "base" number.
More than a test of entries, my approach may be more of a test of how well aggressively adding to winners does. My first attempt doing so resulted in a nearly 50% drawdown!
Please feel free to ask questions or make comments. Even if you think it is a "dumb" question, just ask. The only "dumb" question is the one you don't ask.
And trust me, right now I am asking some really basic questions about stocks and scanners in the Tradestation forum right now (my handle is kevinkdog). I don't know stocks, and have never worked with them like I do with futures, so I ask newbie questions there. I'm a little embarrased at first, but it is the best way to learn!
Thanks
Kevin
Contest Standings: http://www.worldcupadvisor.com/worldcupchampionships/default_nwcc2.aspx
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