This problem I will need to address at some point. LBIX crossed under my stop level yesterday. But because of the size of my account, I need to avoid day trading for now which means avoiding getting out on the same day I got in. I can get away with a few of them in a week but I have to be careful.

Type	Sym	Date/Price In	Date/Price Out	R-Mult
	LBIX	10/18/2006@4.22	10/19/2006@4.07	-1.33R
	IMMU	09/18/2006@1.82	10/19/2006@2.35	4.75
	NWY	10/18/2006@13.35	10/19/2006@13.15	-1.34R

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I was stopped out on a loss today. I should probably start comparing my Win/Loss ratio by transaction type ie. long vs short. It would be a good way to demonstrate how bad I do with shorts and a way to track progress when I improve.

Type	Sym	Date/Price In	Date/Price Out	R-Mult
	VVUS	10/17/2006@3.65	10/18/2006@3.69	-0.50R

A few symbols cross below my stop orders:

Type	Sym	Date/Price In	Date/Price Out	R-Mult
	VECO	10/10/2006@19.44	10/17/2006@18.81	0.75R
	RTSX	10/11/2006@30.48	10/17/2006@29.97	-0.47R

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Got out on a trade.

Type	Sym	Date/Price In	Date/Price Out	R-Mult
	TZIX	09/19/2006@14.64	10/16/2006@16.50	3.39R

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Another sale out of a bad pick. This one was bad from the second I picked it. I am still happy with the result of my money management rules. This is typically the type of scenario where I would lost more money in the past, holding on in the hopes that situation would turn. Now I just take the hit and move on.

Type	Sym	Date/Price In	Date/Price Out	R-Mult
	ASX	10/10/2006@4.62	10/11/2006@4.56	-1.75R

Market dipped below several of my stops. Since I re-adjust my stops every moning, they end-up pretty high when the rises like it did last week. I usually have a sell-off on limit orders following, specialy when the market open down like it did this morning. I am still trying to figure out if this is the behavior I want or not. It may limit some gains but it does really good at limiting my losses which I like.

Off course, the two shorts I had tried following my last post where closed with a loss, once again proving my need to improve on reading charts for short setups.

Type	Sym	Date/Price In	Date/Price Out	R-Mult
	LPSN	10/04/2006@5.47	10/09/2006@5.50	0.09R
	MEDX	10/04/2006@10.81	10/09/2006@11.44	1.56R
	JRC	10/05/2006@5.72	10/09/2006@5.76	-1.70R
	EPEX	10/05/2006@16.06	10/09/2006@16.71	-3.59R

I noticed I pay a lot more attention to longs as I do shorts. I really think I would benifit by following more short setups and I think I will have to force myself to do mainly shorts in the next couple weeks. Regardless, I closed a trade on KFT yesterday.

Type	Sym	Date/Price In	Date/Price Out	R-Mult
	KFT	09/14/2006 @ 33.99	10/04/2006 @ 35.66	2.86R

Can barely call those trades, more like emergency fire exits:

Type	Sym	Date/Price In	Date/Price Out	R-Mult
	Hawk	09/18/2006 @ 10.91	09/19/2006 @ 10.60	-0.74R

A few more trades stopped out:

Type	Sym	Date/Price In	Date/Price Out	R-Mult
	MMT	09/14/2006 @ 5.95	09/15/2006 @ 5.92	-1.40R
	SRP	09/12/2006 @ 14.59	09/15/2006 @ 14.50	0.29R

Another one hits the stop. Again, I have a lot less positions open than I would like but my day job is keeping me busy which leaves me less time to follow my setups.

But overall, I am happy to finaly have a system that does not drain my account if it does not get constant attention. It make a lot less money than it could make but it doesn’t drain me either.

I like those trailing stops I have now and I like them very tight. Hitting a stop use to be somewhat of a negative event. With very wide stops, it usualy meant losing money. With my stops very close and moved in the direction of the trade every day, it locks in the profit and, like today, still leaves me with in the green instead and hitting me with a loss. I may be missing out on the biggest rally CHD will every see but atleast, that profit is in my pocket now and protected from the biggest drop CHD has ever seen.

Type	Sym	Date-in	Price-in	Date-out	Price-out	R-Mult
	CHD	08/30/2006	37.87	09/13/2006	38.50	1.46