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<?xml-stylesheet type="text/xsl" media="screen" href="/~d/styles/atom10full.xsl"?><?xml-stylesheet type="text/css" media="screen" href="http://feeds.feedburner.com/~d/styles/itemcontent.css"?><feed xmlns="http://www.w3.org/2005/Atom" xmlns:openSearch="http://a9.com/-/spec/opensearchrss/1.0/" xmlns:georss="http://www.georss.org/georss" xmlns:gd="http://schemas.google.com/g/2005" xmlns:thr="http://purl.org/syndication/thread/1.0"><id>tag:blogger.com,1999:blog-5587548170365596236</id><updated>2012-03-16T18:02:05.728-06:00</updated><title type="text">Work From Home &amp; Make Money Online With  Savvy Enterprises dot Ca</title><subtitle type="html">Utilizing Multiple Streams of Income to Build Wealth and Create Passive Residual Income</subtitle><link rel="http://schemas.google.com/g/2005#feed" type="application/atom+xml" href="http://www.savvyenterprises.ca/feeds/posts/default" /><link rel="alternate" type="text/html" href="http://www.savvyenterprises.ca/" /><author><name>Jason Wingfield</name><uri>http://www.blogger.com/profile/05313220266087110553</uri><email>noreply@blogger.com</email><gd:image rel="http://schemas.google.com/g/2005#thumbnail" width="32" height="24" src="http://2.bp.blogspot.com/_4CUlDrZ_iTA/SWlaZZONq8I/AAAAAAAAAAQ/3dUVI_PcqBs/S220/Nihahi+Ridge+2008+044.JPG" /></author><generator version="7.00" uri="http://www.blogger.com">Blogger</generator><openSearch:totalResults>17</openSearch:totalResults><openSearch:startIndex>1</openSearch:startIndex><openSearch:itemsPerPage>25</openSearch:itemsPerPage><atom10:link xmlns:atom10="http://www.w3.org/2005/Atom" rel="self" type="application/atom+xml" href="http://feeds.feedburner.com/SavvyEnterprisesTradingCommodityFuturesCoveredCallsAndCreditSpreads" /><feedburner:info xmlns:feedburner="http://rssnamespace.org/feedburner/ext/1.0" uri="savvyenterprisestradingcommodityfuturescoveredcallsandcreditspreads" /><atom10:link xmlns:atom10="http://www.w3.org/2005/Atom" rel="hub" href="http://pubsubhubbub.appspot.com/" /><entry><id>tag:blogger.com,1999:blog-5587548170365596236.post-7976717682028137265</id><published>2009-05-03T15:08:00.003-06:00</published><updated>2009-05-03T15:54:55.003-06:00</updated><title type="text">Make Money Online Today?</title><content type="html">I'm not sure about you but whenever I see an ad with an outrageous claim to help me "make a million dollars in the next 3 days working from home", I cringe. For 2 good reasons: first it's an obvious load of B.S., and second - I DO make good money online and it IS possible, but claims like these make people tune out and miss really good opportunities.&lt;br /&gt;&lt;br /&gt;&lt;h2&gt;Are there Legitimate ways to Make Money Online?&lt;/h2&gt;&lt;br /&gt;&lt;br /&gt;There are legitimate programs that allow you to work from home and make money online, but be warned; the basic idea is almost always the same. You promote other peoples' products or services by way of advertising for them on the Internet. &lt;br /&gt;&lt;br /&gt;&lt;h2&gt;It isn't Rocket Science&lt;/h2&gt;&lt;br /&gt;&lt;br /&gt;Here's how it works. When someone sees your ad and clicks on it, they are directed to the merchant site. If the person likes what they see they'll buy the product or service and you get a commission. If your ad is for a really popular item that loads of people are searching about every day on Google or Yahoo, you will get many clicks over the course of a few weeks or months. Some of these will result in sales and money in your pocket. Every week or two the merchant will deposit your commissions to your PayPal account, or often directly to your bank account. Nice eh?&lt;br /&gt;&lt;br /&gt;&lt;h2&gt;How Hard is it to Work From Home?&lt;/h2&gt;&lt;br /&gt;&lt;br /&gt;In terms of difficulty, it isn't complicated work. If you can surf the web and place a classified ad on Craigslist you have all the basic skills to work online. But, it does take time and effort to get your business running and making money. You can't sit down at your computer, install a program or post an ad and then immediately have money pouring into your account (if you actually find something like these please phone me immediately!).&lt;br /&gt;&lt;br /&gt;Think about it this way. In a traditional job where someone else pays you for your time, you work for 8 hours and get paid. Work another 8 hours and get paid. The cycle is: work, pay, work, pay, work, pay, etc. If you stop working you stop getting paid. However, with an online business this traditional scenario is turned completely upside down. You now get paid for results, not your time. You set up your business over a few days or weeks and start getting traffic to your ads or websites, and then commissions begin coming in. The cycle is: work, pay, pay, pay, pay, work, pay, pay, pay, pay, etc. &lt;br /&gt;&lt;br /&gt;The best part of this type of online business is that if you take a few days off or go on a vacation, your business continues running and making you money! How cool is that? This is a very foreign concept to most people, since we are conditioned to believe that the only good job is one where someone who owns a business pays us for our time.&lt;br /&gt;&lt;br /&gt;Personally, I would rather own my own business and get paid for my results any day! Similarly, there is a popular saying: "Would you rather benefit from 100% of your own efforts, or 1% of the efforts of 100 other people?". &lt;br /&gt;&lt;br /&gt;&lt;h2&gt;How Long Before I REALLY Get Paid?&lt;/h2&gt;&lt;br /&gt;&lt;br /&gt;You need people to click on your ads and view your web page to get paid; this is where the rubber meets the road. You can approach your online business 2 basic ways. &lt;br /&gt;&lt;br /&gt;First, you can "pay" for people to click on your ads - this is referred to as pay-per-click advertising in the biz, PPC for short. The general idea is that you write ads for your affiliate programs and run them on Google or Yahoo. Many people will click on your ads and go to the web page; some of these will buy. Your commissions minus your ad costs equals your net income. This first method can be done with a small time investment and results can actually begin within a few short hours! &lt;br /&gt;&lt;br /&gt;Second, you can grow "organic" traffic to your website, which promotes an affiliate program. You do this by increasing the rank of your website so that it appears in the first or second page of search results on Google. This makes your page more visible and you will get more people visiting (and buying from the merchant). This second method takes much more time and can be done mostly for free. Tangible results won't begin for several weeks or even months with this method.&lt;br /&gt;&lt;br /&gt;I strongly suggest a combined approach, using PPC to drive traffic and get sales right away, while you build up your page ranking and get free traffic to your site over time. This is the approach I take with all affiliate programs that I promote.&lt;br /&gt;&lt;br /&gt;&lt;h2&gt;Summary&lt;/h2&gt;&lt;br /&gt;&lt;br /&gt;Anyone with basic Internet browsing skills can get started making money online, and working from home. It does take time and effort to get things set up properly, but the reward is an online business that makes money around the clock, 24x7 - even when you aren't working.&lt;br /&gt;&lt;br /&gt;You can use 2 different methods of generating traffic and getting people to buy the products or services you are promoting. PPC advertising works quickly and costs you some money, but you could make money within several hours. Increasing your page ranking works well over time and will continue to bring visitors to your ads and web pages for free.&lt;br /&gt;&lt;br /&gt;So YES, you CAN really make money online today - if you are willing to dedicate some time &amp;amp; a small amount of money, and get started with a program that walks you through the setup phase. &lt;br /&gt;&lt;br /&gt;If you are interested in learning how to build your online business and get the best results possible, you will need a mentor. This is the program that I am an active member of, and I am very grateful for what it has done to my lifestyle.&lt;br /&gt;&lt;br /&gt;==&gt;&amp;nbsp;&lt;a href="http://PassiveMoneyForLife.com/"&gt;Maverick Money Makers Review&lt;/a&gt;&amp;nbsp;&lt;==&lt;br /&gt;&lt;br /&gt;&lt;br /&gt;&lt;script type="text/javascript"&gt;&lt;br /&gt;  var dc_UnitID = 14;&lt;br /&gt;  var dc_PublisherID = 88386;&lt;br /&gt;  var dc_AdLinkColor = 'blue';&lt;br /&gt;  var dc_adprod='ADL';&lt;br /&gt;  var dc_open_new_win = 'yes'; &lt;br /&gt;    &lt;/script&gt;&lt;br /&gt;    &lt;script src="http://kona.kontera.com/javascript/lib/KonaLibInline.js" type="text/javascript"&gt;&lt;/script&gt;&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/5587548170365596236-7976717682028137265?l=www.savvyenterprises.ca' alt='' /&gt;&lt;/div&gt;</content><link rel="replies" type="application/atom+xml" href="http://www.savvyenterprises.ca/feeds/7976717682028137265/comments/default" title="Post Comments" /><link rel="replies" type="text/html" href="http://www.blogger.com/comment.g?blogID=5587548170365596236&amp;postID=7976717682028137265" title="1 Comments" /><link rel="edit" type="application/atom+xml" href="http://www.blogger.com/feeds/5587548170365596236/posts/default/7976717682028137265" /><link rel="self" type="application/atom+xml" href="http://www.blogger.com/feeds/5587548170365596236/posts/default/7976717682028137265" /><link rel="alternate" type="text/html" href="http://www.savvyenterprises.ca/2009/05/make-money-online-today.html" title="Make Money Online Today?" /><author><name>Jason Wingfield</name><uri>http://www.blogger.com/profile/05313220266087110553</uri><email>noreply@blogger.com</email><gd:image rel="http://schemas.google.com/g/2005#thumbnail" width="32" height="24" src="http://2.bp.blogspot.com/_4CUlDrZ_iTA/SWlaZZONq8I/AAAAAAAAAAQ/3dUVI_PcqBs/S220/Nihahi+Ridge+2008+044.JPG" /></author><thr:total>1</thr:total></entry><entry><id>tag:blogger.com,1999:blog-5587548170365596236.post-3427972552468636714</id><published>2009-03-31T12:56:00.008-06:00</published><updated>2009-04-01T01:59:47.302-06:00</updated><title type="text">Affiliate Marketing in a Nutshell</title><content type="html">&lt;p&gt;What exactly is affiliate marketing? Affiliate marketing is the single fastest growth industry on the Internet. It&amp;#8217;s also true that affiliate marketing is one of the fastest and most creative ways to make money and have a career on the Internet.&lt;BR&gt;&lt;BR&gt;Simply put, affiliate marketing is selling products on a commission basis. You own a business that advertises and sells products for other companies. You may have a product of your own to begin with or not. The things that a successful affiliate marketer must have are:&lt;BR&gt;&lt;BR&gt;1. Your website is the jumping off point of all your marketing efforts. So the first step in any successful affiliate marketing business is building a good, credible and professional looking website. You must build a user-friendly website, which will attract your prospects and motivate them to click on the links to the products and services you are promoting and make a purchase. There are companies whose business is building websites that you can hire to build one for you. &lt;BR&gt;&lt;BR&gt;2. You must find products to sell, you must be able to determine whether there is a demand for those products and if people will actually buy them.  You may either have your own original product or products that are made by others. Which ever way you go, you must believe in the products. &lt;BR&gt;&lt;BR&gt;3. It will be necessary for you to become an adept advertiser and be able to tell whether the advertising you are paying for is producing more income for you than the advertising is costing you. &lt;BR&gt;&lt;BR&gt;4. It is necessary that you have good mathematical skills. You will need to be able to track your sales and determine profit, as well as, see to it that your suppliers are paid in full and on time. &lt;BR&gt;&lt;BR&gt;5. You need the full and unwavering support of your family so that you can devote the time and energy necessary to launch your affiliate marketing business. &lt;br /&gt;&lt;/p&gt;&lt;br /&gt;&lt;br /&gt;&lt;a href="http://www.revolutionarymatrix.com/jrox.php?uid=savvyinc_1_aaid_1"&gt;http://www.RevolutionaryMatrix.com&lt;/a&gt;&lt;BR&gt;&lt;br /&gt;&lt;a href="http://www.revolutionarymatrix.com/jrox.php?uid=savvyinc_1_bid_27"&gt;&lt;img src="http://www.revolutionarymatrix.com/image.php?bid=27&amp;mid=6595" width="468" height="83" border="0" alt="make money,work from home,home based business,how to make money,make money online,foreign exchange,forex trading,stock trading,online trading,currency trading, savvy enterprises, jason wingfield"/&gt;&lt;/a&gt;&lt;br /&gt;&lt;br /&gt;&lt;br /&gt;&lt;script type="text/javascript"&gt;&lt;br /&gt;  var dc_UnitID = 14;&lt;br /&gt;  var dc_PublisherID = 88386;&lt;br /&gt;  var dc_AdLinkColor = 'blue';&lt;br /&gt;  var dc_adprod='ADL';&lt;br /&gt;  var dc_open_new_win = 'yes'; &lt;br /&gt;    &lt;/script&gt;&lt;br /&gt;    &lt;script src="http://kona.kontera.com/javascript/lib/KonaLibInline.js" type="text/javascript"&gt;&lt;/script&gt;&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/5587548170365596236-3427972552468636714?l=www.savvyenterprises.ca' alt='' /&gt;&lt;/div&gt;</content><link rel="replies" type="application/atom+xml" href="http://www.savvyenterprises.ca/feeds/3427972552468636714/comments/default" title="Post Comments" /><link rel="replies" type="text/html" href="http://www.blogger.com/comment.g?blogID=5587548170365596236&amp;postID=3427972552468636714" title="1 Comments" /><link rel="edit" type="application/atom+xml" href="http://www.blogger.com/feeds/5587548170365596236/posts/default/3427972552468636714" /><link rel="self" type="application/atom+xml" href="http://www.blogger.com/feeds/5587548170365596236/posts/default/3427972552468636714" /><link rel="alternate" type="text/html" href="http://www.savvyenterprises.ca/2009/03/affiliate-marketing-in-nutshell.html" title="Affiliate Marketing in a Nutshell" /><author><name>Jason Wingfield</name><uri>http://www.blogger.com/profile/05313220266087110553</uri><email>noreply@blogger.com</email><gd:image rel="http://schemas.google.com/g/2005#thumbnail" width="32" height="24" src="http://2.bp.blogspot.com/_4CUlDrZ_iTA/SWlaZZONq8I/AAAAAAAAAAQ/3dUVI_PcqBs/S220/Nihahi+Ridge+2008+044.JPG" /></author><thr:total>1</thr:total></entry><entry><id>tag:blogger.com,1999:blog-5587548170365596236.post-4229753576172216028</id><published>2009-03-03T14:31:00.000-07:00</published><updated>2009-03-03T14:33:22.692-07:00</updated><title type="text">Savvy Enterprises Releases The 3 Steps You Can Follow To Reach Financial Freedom</title><content type="html">&lt;span style="font-style:italic;"&gt;Savvy Enterprises Inc., an Alberta investment company owned by Jason Wingfield, employs a diverse approach to wealth building including real estate, income investing and online marketing. More information on this company can be found at http://www.SavvyEnterprises.ca.&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;&lt;span style="font-weight:bold;"&gt;[USPRwire, Mon Mar 02 2009]&lt;/span&gt; Savvy Enterprises Releases The 3 Steps You Can Follow To Reach Financial Freedom &lt;br /&gt;&lt;br /&gt;“Have you ever noticed that the Rich do not have jobs working for wages? They may have started that way, but that is certainly not how they make their money any longer; they have a better system that allows them to remain financially free.” &lt;br /&gt;&lt;br /&gt;Savvy Enterprises Inc., an Alberta investment company owned by Jason Wingfield, employs a diverse approach to wealth building including real estate, income investing and online marketing. More information on this company can be found at http://www.SavvyEnterprises.ca. &lt;br /&gt;&lt;br /&gt;With unemployment rates at an all-time high and families across North America feeling the pinch financially, Wingfield feels it is time to begin rethinking the traditional approach to earning a living. By working smarter instead of harder, Wingfield insists you can easily supplement the income from your job with passive income from Internet Marketing and be well on your way to financial freedom. &lt;br /&gt;&lt;br /&gt;By definition, financial freedom means that your passive income pays for all your monthly expenses, whether you choose to work or not. Wingfield follows a 3 step approach to reaching this end goal. &lt;br /&gt;&lt;br /&gt;Step 1: Earning income from a job. This is the one step that most people are familiar with and stuck at. “To be financially free you need to look at this step as a starting point, and not the end goal.” says Wingfield. &lt;br /&gt;&lt;br /&gt;Step 2: Using proper money management to divide your income each month into “buckets”. Everyone needs a bucket for monthly expenses like mortgage, car payment, groceries and utilities. According to Wingfield, it is critical that you first put 10% of your income into a financial freedom account “bucket”. Money from this FFA account will be used to purchase investments that provide passive income each month, without further effort from you. &lt;br /&gt;&lt;br /&gt;Step 3: This is the end goal of Wingfield’s system. Money from your passive income investments pays for your expenses. The income from your job has now been substituted for passive income and you are now financially free. “You can choose to work because it is rewarding or a service to society; but you are no longer trapped in the cycle of working just to pay the bills with no hope of early retirement.” says Wingfield. &lt;br /&gt;&lt;br /&gt;For more information go to http://www.SavvyEnterprises.ca &lt;br /&gt;&lt;br /&gt;Jason Wingfield is the owner of Savvy Enterprises Inc., an investment company in Calgary, AB. Savvy Enterprises employs a diverse approach to wealth building consisting of trading commodity futures and forex, income investing and affiliate marketing. &lt;br /&gt;&lt;br /&gt;Jason Wingfield &lt;br /&gt;Savvy Enterprises Inc. &lt;br /&gt;Phone : 403-473-2357 &lt;br /&gt;Fax : 403-454-7291 &lt;br /&gt;www.SavvyEnterprises.ca &lt;br /&gt;&lt;br /&gt;### &lt;br /&gt;&lt;br /&gt;&lt;script type="text/javascript"&gt;&lt;br /&gt;  var dc_UnitID = 14;&lt;br /&gt;  var dc_PublisherID = 88386;&lt;br /&gt;  var dc_AdLinkColor = 'blue';&lt;br /&gt;  var dc_adprod='ADL';&lt;br /&gt;  var dc_open_new_win = 'yes'; &lt;br /&gt;    &lt;/script&gt;&lt;br /&gt;    &lt;script src="http://kona.kontera.com/javascript/lib/KonaLibInline.js" type="text/javascript"&gt;&lt;/script&gt;&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/5587548170365596236-4229753576172216028?l=www.savvyenterprises.ca' alt='' /&gt;&lt;/div&gt;</content><link rel="replies" type="application/atom+xml" href="http://www.savvyenterprises.ca/feeds/4229753576172216028/comments/default" title="Post Comments" /><link rel="replies" type="text/html" href="http://www.blogger.com/comment.g?blogID=5587548170365596236&amp;postID=4229753576172216028" title="0 Comments" /><link rel="edit" type="application/atom+xml" href="http://www.blogger.com/feeds/5587548170365596236/posts/default/4229753576172216028" /><link rel="self" type="application/atom+xml" href="http://www.blogger.com/feeds/5587548170365596236/posts/default/4229753576172216028" /><link rel="alternate" type="text/html" href="http://www.savvyenterprises.ca/2009/03/savvy-enterprises-releases-3-steps-you.html" title="Savvy Enterprises Releases The 3 Steps You Can Follow To Reach Financial Freedom" /><author><name>Jason Wingfield</name><uri>http://www.blogger.com/profile/05313220266087110553</uri><email>noreply@blogger.com</email><gd:image rel="http://schemas.google.com/g/2005#thumbnail" width="32" height="24" src="http://2.bp.blogspot.com/_4CUlDrZ_iTA/SWlaZZONq8I/AAAAAAAAAAQ/3dUVI_PcqBs/S220/Nihahi+Ridge+2008+044.JPG" /></author><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-5587548170365596236.post-3911237813457718184</id><published>2009-02-26T00:06:00.002-07:00</published><updated>2009-02-26T00:08:53.724-07:00</updated><title type="text">Your Passions</title><content type="html">-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-&lt;br /&gt;How To Make Money From Passions&lt;br /&gt;&lt;br /&gt;Maverick Money Makers © 1997 - 2008&lt;br /&gt;&lt;br /&gt;&lt;a href="http://www.passivemoneyforlife.com"&gt;http://www.passivemoneyforlife.com&lt;/a&gt;&lt;br /&gt;-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-&lt;br /&gt;&lt;br /&gt;To make money online many people jump right in before they are properly prepared. You know that to be a rocket scientist, a doctor, a brick layer, a construction worker, an office worker, a teacher there are prerequisites, things you must learn, before you can be successful, you don't just jump right in unprepared.&lt;br /&gt;&lt;br /&gt;The same applies to the Internet marketing industry even though there are unsavory people out there who'd have you believe it's a "Walk in the Park" and requires no more than the belief that you can just do it.&lt;br /&gt;&lt;br /&gt;And I'll have to admit, it is a walk in the park compared to what you have to put up with in the working world punching a clock being a subordinate to someone who does not have your interests in mind, but there are still rules you have to follow and pitfalls you must avoid to actually make Internet marketing work for you.&lt;br /&gt;&lt;br /&gt;Most people will not make a dime online and yet there are others who will make more in one month than most people make in a whole year. Why is that?&lt;br /&gt;&lt;br /&gt;My answer begins with the age-old chicken or egg question, "what comes first the chicken or the egg"? Personally I vote for, well never mind, each argument you or I make comes back to the same old conclusion - I have no clue and I don't think many of us do either.&lt;br /&gt;&lt;br /&gt;But one thing I do have a clue about and know for sure is that to make money online you must first have Passion for the company products and/or service of any Internet business from which you expect to make money.&lt;br /&gt;&lt;br /&gt;Passion in this sense simply means that you've researched and like the company and products or services. It is then that you translate that like (or Passion) into the education, excitement and work that usually accompany Passion.&lt;br /&gt;&lt;br /&gt;I will have to say that many online entrepreneurs are so good at what they do that they ignore passion because they can sell anything. But I'm concerned about those of you who are not so knowledgeable at working an online business successfully.&lt;br /&gt;&lt;br /&gt;Now, I'm not trying to make anyone believe that Passion is the only thing necessary. Because to be successful you must also have a good website, good marketing, widespread advertising, company support, effective keywords, and etc. Those things are often learned from the company you join - but sidestep Passion and you reduce your chances for success dramatically.&lt;br /&gt;&lt;br /&gt;It therefore follows that, if you have no Passion for the company and the products and services provided by that company, again, you won't attempt to do the work you are being taught.&lt;br /&gt;&lt;br /&gt;Internet marketing work is typically not all that difficult or time consuming but it does take motivation caused by Passion to get you off and running with a sustained effort so that you won't stumble.&lt;br /&gt;&lt;br /&gt;You have a great resource in the Internet search engines to search about the Internet Marketing industry for business opportunities, USE IT!&lt;br /&gt;&lt;br /&gt;Your research should uncover a company that you like and have confidence in. It should be solid, founded on great principles, and easy to understand with great products and services that are sell-able for which you can have Passion. If you don't find it move on,&lt;br /&gt;You can find the right opportunity containing the attributes identified above.&lt;br /&gt;&lt;br /&gt;Comments like, well, that one sounds good and the compensation plan is excellent so I guess I'll start that business - does not sound like a decision based on anything near Passion. And remember when you hear that an Internet "guru" does that, don't be tempted, because as I said earlier they are experienced and can sell just about anything, without being Passionate about the company products and services.&lt;br /&gt;&lt;br /&gt;Note: By the way it's your goal to get to the point where you can sell about anything online. That end skill and goal is a worthy one indeed.&lt;br /&gt;&lt;br /&gt;Remember, there are other steps you must make before you step into Internet Marketing but if you don't first find the right company products and services to be passionate about, all of those other steps may just cause you a lot of frustration instead of bringing you great success.&lt;br /&gt;&lt;br /&gt;Not being Passionate about a company and products and services that has market proof that it will sell is a pitfall you simply must avoid.&lt;br /&gt;&lt;br /&gt;-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-&lt;br /&gt;&lt;br /&gt;Maverick Money Makers is a private &lt;br /&gt;society that will teach you how to&lt;br /&gt;build a six-figure a month business&lt;br /&gt;on the internet. &lt;br /&gt;&lt;br /&gt;If you want to make money online, &lt;br /&gt;join the society before it's too late.&lt;br /&gt;&lt;br /&gt;&lt;a href="http://www.passivemoneyforlife.com"&gt;http://www.passivemoneyforlife.com&lt;/a&gt;&lt;br /&gt;&lt;br /&gt;-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-&lt;br /&gt;&lt;br /&gt;&lt;script type="text/javascript"&gt;&lt;br /&gt;  var dc_UnitID = 14;&lt;br /&gt;  var dc_PublisherID = 88386;&lt;br /&gt;  var dc_AdLinkColor = 'blue';&lt;br /&gt;  var dc_adprod='ADL';&lt;br /&gt;  var dc_open_new_win = 'yes'; &lt;br /&gt;    &lt;/script&gt;&lt;br /&gt;    &lt;script src="http://kona.kontera.com/javascript/lib/KonaLibInline.js" type="text/javascript"&gt;&lt;/script&gt;&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/5587548170365596236-3911237813457718184?l=www.savvyenterprises.ca' alt='' /&gt;&lt;/div&gt;</content><link rel="replies" type="application/atom+xml" href="http://www.savvyenterprises.ca/feeds/3911237813457718184/comments/default" title="Post Comments" /><link rel="replies" type="text/html" href="http://www.blogger.com/comment.g?blogID=5587548170365596236&amp;postID=3911237813457718184" title="0 Comments" /><link rel="edit" type="application/atom+xml" href="http://www.blogger.com/feeds/5587548170365596236/posts/default/3911237813457718184" /><link rel="self" type="application/atom+xml" href="http://www.blogger.com/feeds/5587548170365596236/posts/default/3911237813457718184" /><link rel="alternate" type="text/html" href="http://www.savvyenterprises.ca/2009/02/your-passions.html" title="Your Passions" /><author><name>Jason Wingfield</name><uri>http://www.blogger.com/profile/05313220266087110553</uri><email>noreply@blogger.com</email><gd:image rel="http://schemas.google.com/g/2005#thumbnail" width="32" height="24" src="http://2.bp.blogspot.com/_4CUlDrZ_iTA/SWlaZZONq8I/AAAAAAAAAAQ/3dUVI_PcqBs/S220/Nihahi+Ridge+2008+044.JPG" /></author><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-5587548170365596236.post-8397434324029506257</id><published>2009-02-20T10:00:00.007-07:00</published><updated>2009-02-22T23:54:12.323-07:00</updated><title type="text">Thursday, Feb 19th Day Trading: T-Bonds, Euro FX</title><content type="html">&lt;a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://3.bp.blogspot.com/_4CUlDrZ_iTA/SZ7h-KpaUHI/AAAAAAAAAEQ/Ry2q_b0RWQU/s1600-h/ZB_20090219.png"&gt;&lt;img style="display:block; margin:0px auto 10px; text-align:center;cursor:pointer; cursor:hand;width: 320px; height: 138px;" src="http://3.bp.blogspot.com/_4CUlDrZ_iTA/SZ7h-KpaUHI/AAAAAAAAAEQ/Ry2q_b0RWQU/s320/ZB_20090219.png" border="0" alt="forex trading system, futures, futures trading, how earn money, how to get rich, how to make money, how to make money fast, how to make money online, income" id="BLOGGER_PHOTO_ID_5304925869215207538" /&gt;&lt;/a&gt;&lt;div&gt;&lt;div style="text-align: center;"&gt;&lt;span class="Apple-style-span" style="color: rgb(0, 0, 238); text-decoration: underline;"&gt;ZB-067 (30 Yr. T-Bonds)&lt;/span&gt;&lt;/div&gt;&lt;div style="text-align: center;"&gt;&lt;br /&gt;&lt;/div&gt;&lt;a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://3.bp.blogspot.com/_4CUlDrZ_iTA/SZ7h95O3HEI/AAAAAAAAAEI/s_0p8bFwFOw/s1600-h/G6E_20090219.png" style="text-decoration: none;"&gt;&lt;img style="text-decoration: underline;display: block; margin-top: 0px; margin-right: auto; margin-bottom: 10px; margin-left: auto; text-align: center; cursor: pointer; width: 320px; height: 138px; " src="http://3.bp.blogspot.com/_4CUlDrZ_iTA/SZ7h95O3HEI/AAAAAAAAAEI/s_0p8bFwFOw/s320/G6E_20090219.png" border="0" alt="at home money, currency trading, day trading, earn money, easy money, estate tax, extra income, extra money, fast money, forex, forex trading software" id="BLOGGER_PHOTO_ID_5304925864540445762" /&gt;&lt;/a&gt;&lt;/div&gt;&lt;div&gt;&lt;div style="text-align: center;"&gt;&lt;span class="Apple-style-span" style="color: rgb(0, 0, 238); text-decoration: underline;"&gt;G6E-067 (Euro FX)&lt;/span&gt;&lt;/div&gt;&lt;div&gt;&lt;br /&gt;&lt;/div&gt;&lt;div&gt;There were two nice trades today in the 30 Year T-Bonds (Long Bonds) and the Euro FX.&lt;/div&gt;&lt;div&gt;&lt;br /&gt;&lt;/div&gt;&lt;div&gt;The Euro trade moved nicely and I was able to quickly move my stop to break even, plus 2 ticks.  Price movement continued for a nice full-profit trade.  The bonds trade was a nice short entry with the e-minis moving in the opposite direction; this trade was quick and I aggressively locked in profits to preserve the gains from the earlier Euro trade.  &lt;/div&gt;&lt;div&gt;&lt;br /&gt;&lt;/div&gt;&lt;div&gt;These were the last 2 trades of the week for me since Friday is options expiration day and price action is too unpredictable for my short-term trading systems.&lt;/div&gt;&lt;/div&gt;&lt;br /&gt;&lt;br /&gt;&lt;script type="text/javascript"&gt;&lt;br /&gt;  var dc_UnitID = 14;&lt;br /&gt;  var dc_PublisherID = 88386;&lt;br /&gt;  var dc_AdLinkColor = 'blue';&lt;br /&gt;  var dc_adprod='ADL';&lt;br /&gt;  var dc_open_new_win = 'yes'; &lt;br /&gt;    &lt;/script&gt;&lt;br /&gt;    &lt;script src="http://kona.kontera.com/javascript/lib/KonaLibInline.js" type="text/javascript"&gt;&lt;/script&gt;&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/5587548170365596236-8397434324029506257?l=www.savvyenterprises.ca' alt='' /&gt;&lt;/div&gt;</content><link rel="replies" type="application/atom+xml" href="http://www.savvyenterprises.ca/feeds/8397434324029506257/comments/default" title="Post Comments" /><link rel="replies" type="text/html" href="http://www.blogger.com/comment.g?blogID=5587548170365596236&amp;postID=8397434324029506257" title="0 Comments" /><link rel="edit" type="application/atom+xml" href="http://www.blogger.com/feeds/5587548170365596236/posts/default/8397434324029506257" /><link rel="self" type="application/atom+xml" href="http://www.blogger.com/feeds/5587548170365596236/posts/default/8397434324029506257" /><link rel="alternate" type="text/html" href="http://www.savvyenterprises.ca/2009/02/thursday-feb-19th-day-trading-t-bonds.html" title="Thursday, Feb 19th Day Trading: T-Bonds, Euro FX" /><author><name>Jason Wingfield</name><uri>http://www.blogger.com/profile/05313220266087110553</uri><email>noreply@blogger.com</email><gd:image rel="http://schemas.google.com/g/2005#thumbnail" width="32" height="24" src="http://2.bp.blogspot.com/_4CUlDrZ_iTA/SWlaZZONq8I/AAAAAAAAAAQ/3dUVI_PcqBs/S220/Nihahi+Ridge+2008+044.JPG" /></author><media:thumbnail xmlns:media="http://search.yahoo.com/mrss/" url="http://3.bp.blogspot.com/_4CUlDrZ_iTA/SZ7h-KpaUHI/AAAAAAAAAEQ/Ry2q_b0RWQU/s72-c/ZB_20090219.png" height="72" width="72" /><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-5587548170365596236.post-6187640334574232172</id><published>2009-02-18T08:50:00.007-07:00</published><updated>2009-02-22T23:54:41.439-07:00</updated><title type="text">Wednesday, Feb 18th Day Trading: G6E</title><content type="html">&lt;a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://4.bp.blogspot.com/_4CUlDrZ_iTA/SZwusqBzTmI/AAAAAAAAAD8/OMkSgKCqrKc/s1600-h/G6E_20090218.png"&gt;&lt;img style="display:block; margin:0px auto 10px; text-align:center;cursor:pointer; cursor:hand;width: 320px; height: 138px;" src="http://4.bp.blogspot.com/_4CUlDrZ_iTA/SZwusqBzTmI/AAAAAAAAAD8/OMkSgKCqrKc/s320/G6E_20090218.png" border="0" alt="income online, internet money, make cash, make extra money, make money, make money at home, make money easy, make money fast, make money from home, make money internet" id="BLOGGER_PHOTO_ID_5304165805866569314" /&gt;&lt;/a&gt;&lt;div&gt;&lt;div style="text-align: center;"&gt;&lt;span class="Apple-style-span" style="color: rgb(0, 0, 238); text-decoration: underline;"&gt;G6E (Euro FX)&lt;/span&gt;&lt;/div&gt;&lt;div&gt;&lt;br /&gt;&lt;/div&gt;&lt;div&gt;This G6E trade was entered using a tick chart with 300 trades per bar, according to the Rockwell Aggressive Tick settings.  I used 10% of the Average Daily Range for my stop, and 15% of the ADR as my profit target.  The Euro followed through on this downward move and I was able to reach my daily goal on the first trade of the day.  I'm working on being more disciplined with my money management, and rather than continue to trade and rack up broker commissions and fees - I stopped trading for the day and closed Trade Navigator.  This has been difficult for me to do in the past; however, keeping a calendar nearby and recording whether or not I reached my daily target is very helpful.&lt;/div&gt;&lt;div&gt;&lt;br /&gt;&lt;/div&gt;&lt;div&gt;Using fixed-ratio money management and a delta of $2400, if I have about 8 days like this I am able to increase the number of contracts to the next level, thereby increasing my income.  That is serious incentive to stop trading for the day and continue tomorrow with the same strategy.  Do the math -  if you trade conservatively in this way, and work up to level 3 or 4 in a few months a trade like this could really make your week!  Just think about what this trade would look like 6 months from now trading 10 contracts or more...&lt;/div&gt;&lt;div&gt;&lt;br /&gt;&lt;/div&gt;&lt;div&gt;By the way, if you're interested in learning more about how to trade this strategy check out the &lt;a href="http://www.rockwelltrading.com/products-and-services/live-trading-room"&gt;Rockwell Trading Rooms&lt;/a&gt;.&lt;/div&gt;&lt;/div&gt;&lt;br /&gt;&lt;script type="text/javascript"&gt;&lt;br /&gt;  var dc_UnitID = 14;&lt;br /&gt;  var dc_PublisherID = 88386;&lt;br /&gt;  var dc_AdLinkColor = 'blue';&lt;br /&gt;  var dc_adprod='ADL';&lt;br /&gt;  var dc_open_new_win = 'yes'; &lt;br /&gt;    &lt;/script&gt;&lt;br /&gt;    &lt;script src="http://kona.kontera.com/javascript/lib/KonaLibInline.js" type="text/javascript"&gt;&lt;/script&gt;&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/5587548170365596236-6187640334574232172?l=www.savvyenterprises.ca' alt='' /&gt;&lt;/div&gt;</content><link rel="replies" type="application/atom+xml" href="http://www.savvyenterprises.ca/feeds/6187640334574232172/comments/default" title="Post Comments" /><link rel="replies" type="text/html" href="http://www.blogger.com/comment.g?blogID=5587548170365596236&amp;postID=6187640334574232172" title="0 Comments" /><link rel="edit" type="application/atom+xml" href="http://www.blogger.com/feeds/5587548170365596236/posts/default/6187640334574232172" /><link rel="self" type="application/atom+xml" href="http://www.blogger.com/feeds/5587548170365596236/posts/default/6187640334574232172" /><link rel="alternate" type="text/html" href="http://www.savvyenterprises.ca/2009/02/wednesday-feb-18th-day-trading-g6e.html" title="Wednesday, Feb 18th Day Trading: G6E" /><author><name>Jason Wingfield</name><uri>http://www.blogger.com/profile/05313220266087110553</uri><email>noreply@blogger.com</email><gd:image rel="http://schemas.google.com/g/2005#thumbnail" width="32" height="24" src="http://2.bp.blogspot.com/_4CUlDrZ_iTA/SWlaZZONq8I/AAAAAAAAAAQ/3dUVI_PcqBs/S220/Nihahi+Ridge+2008+044.JPG" /></author><media:thumbnail xmlns:media="http://search.yahoo.com/mrss/" url="http://4.bp.blogspot.com/_4CUlDrZ_iTA/SZwusqBzTmI/AAAAAAAAAD8/OMkSgKCqrKc/s72-c/G6E_20090218.png" height="72" width="72" /><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-5587548170365596236.post-4229799594815289175</id><published>2009-02-05T13:47:00.008-07:00</published><updated>2009-02-22T23:55:19.973-07:00</updated><title type="text">Thursday, Feb 5th Day Trading: ZB, G6E</title><content type="html">&lt;a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://4.bp.blogspot.com/_4CUlDrZ_iTA/SYtWvtF8WuI/AAAAAAAAAD0/dpbcvS0kD3A/s1600-h/ES_20090205.png"&gt;&lt;img style="display:block; margin:0px auto 10px; text-align:center;cursor:pointer; cursor:hand;width: 320px; height: 138px;" src="http://4.bp.blogspot.com/_4CUlDrZ_iTA/SYtWvtF8WuI/AAAAAAAAAD0/dpbcvS0kD3A/s320/ES_20090205.png" border="0" alt="make money on internet, make money on the internet, make money quick, make more money, making money, making money online, money, money from home, online trading&lt;br /&gt;" id="BLOGGER_PHOTO_ID_5299424764089883362" /&gt;&lt;/a&gt;&lt;div&gt;&lt;div style="text-align: center;"&gt;&lt;span class="Apple-style-span" style="color: rgb(0, 0, 238); text-decoration: underline;"&gt;ES (E-mini S&amp;amp;P 500)&lt;/span&gt;&lt;/div&gt;&lt;div&gt;&lt;br /&gt;&lt;/div&gt;&lt;a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://3.bp.blogspot.com/_4CUlDrZ_iTA/SYtVi_EOCLI/AAAAAAAAADs/sYibrpEKffo/s1600-h/ZB_20090205.png"&gt;&lt;img style="display:block; margin:0px auto 10px; text-align:center;cursor:pointer; cursor:hand;width: 320px; height: 138px;" src="http://3.bp.blogspot.com/_4CUlDrZ_iTA/SYtVi_EOCLI/AAAAAAAAADs/sYibrpEKffo/s320/ZB_20090205.png" border="0" alt="online trading stock, option trading, passive, passive income, quick money, residual income, stock trading, tax, tax income, trading, trading forex" id="BLOGGER_PHOTO_ID_5299423446064564402" /&gt;&lt;/a&gt;&lt;div&gt;&lt;div style="text-align: center;"&gt;&lt;span class="Apple-style-span" style="color: rgb(0, 0, 238); text-decoration: underline;"&gt;ZB (30 Yr T-Bonds)&lt;/span&gt;&lt;/div&gt;&lt;br /&gt;&lt;a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://3.bp.blogspot.com/_4CUlDrZ_iTA/SYtVif7AeuI/AAAAAAAAADk/j0ZoJfot_lQ/s1600-h/G6E_20090205.png"&gt;&lt;img style="display:block; margin:0px auto 10px; text-align:center;cursor:pointer; cursor:hand;width: 320px; height: 138px;" src="http://3.bp.blogspot.com/_4CUlDrZ_iTA/SYtVif7AeuI/AAAAAAAAADk/j0ZoJfot_lQ/s320/G6E_20090205.png" border="0" alt="trading system, trading systems, way to make money, ways to make money, wealth, robert kiyosaki, donald trump, market wizards" id="BLOGGER_PHOTO_ID_5299423437704428258" /&gt;&lt;/a&gt;&lt;/div&gt;&lt;div&gt;&lt;div style="text-align: center;"&gt;&lt;span class="Apple-style-span" style="color: rgb(0, 0, 238); text-decoration: underline;"&gt;G6E (Euro FX)&lt;/span&gt;&lt;/div&gt;&lt;div&gt;&lt;br /&gt;&lt;/div&gt;&lt;div&gt;I finally had a bonds trade work according to my plan: I entered long at 8:35am EST at the market when the first bar of the day closed with above average volume.  My volatility stop was 30 ticks and my initial profit target 60 ticks.  I am still in recovery mode with my account, so I aggressively moved to break even, then locked in profits while staying back 10-15 ticks from the price action.  Once I'm back in the positive for the month I'll follow the rules and stick to the green line with my stop until I get stopped out.  For now I'm very happy to take another $500+ from the market - "thank you Market!".&lt;/div&gt;&lt;div&gt;&lt;br /&gt;&lt;/div&gt;&lt;div&gt;In the Euro FX I took 2 trades today; the first trade at 8:45am EST I entered at the market on a nice thrust bar with strong volume using a volatility stop of 39 points and an initial profit target of 78 points.  As the trade progressed I moved my stop following the green line before getting stopped out for less than maximum loss.  Too bad, but it was a well-managed trade.&lt;/div&gt;&lt;div&gt;&lt;br /&gt;&lt;/div&gt;&lt;div&gt;The second Euro trade at 11:15am EST was a nail biter - again I entered on strong close above the trend on volume, using a volatility stop of 44 points and initial target of 88 points.  The price actually came all the way down to within 2 ticks of stopping me out before continuing in a nice upward push.  When the push came I aggressively locked in profits when the price very quickly moved up to 1.2860.  My goal here was to take some money off the table and protect my earlier gains in the bonds.&lt;/div&gt;&lt;div&gt;&lt;br /&gt;&lt;/div&gt;&lt;div&gt;I watched the markets in the afternoon but didn't take any more trades; however, I did paper trade the S&amp;amp;P E-mini using a Fibonacci Support/Resistance indicator.  On this trade the price action was contained between the 0% and 38% Fibonacci levels, so when the price bounced off the 38% I went long at 841.50, and aggressively locked in profits before getting stopped out with 3 points and $150 at 844.50.  My stop was just below the 38% level at 836.25 but was never tested.  I'm not sure I'd be confident enough to place this trade live but I will continue to use the Fibonnaci levels as an indicator for possible trend entry/re-entry values.&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;br /&gt;&lt;script type="text/javascript"&gt;&lt;br /&gt;  var dc_UnitID = 14;&lt;br /&gt;  var dc_PublisherID = 88386;&lt;br /&gt;  var dc_AdLinkColor = 'blue';&lt;br /&gt;  var dc_adprod='ADL';&lt;br /&gt;  var dc_open_new_win = 'yes'; &lt;br /&gt;    &lt;/script&gt;&lt;br /&gt;    &lt;script src="http://kona.kontera.com/javascript/lib/KonaLibInline.js" type="text/javascript"&gt;&lt;/script&gt;&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/5587548170365596236-4229799594815289175?l=www.savvyenterprises.ca' alt='' /&gt;&lt;/div&gt;</content><link rel="replies" type="application/atom+xml" href="http://www.savvyenterprises.ca/feeds/4229799594815289175/comments/default" title="Post Comments" /><link rel="replies" type="text/html" href="http://www.blogger.com/comment.g?blogID=5587548170365596236&amp;postID=4229799594815289175" title="1 Comments" /><link rel="edit" type="application/atom+xml" href="http://www.blogger.com/feeds/5587548170365596236/posts/default/4229799594815289175" /><link rel="self" type="application/atom+xml" href="http://www.blogger.com/feeds/5587548170365596236/posts/default/4229799594815289175" /><link rel="alternate" type="text/html" href="http://www.savvyenterprises.ca/2009/02/thursday-feb-5th-day-trading-zb-g6e.html" title="Thursday, Feb 5th Day Trading: ZB, G6E" /><author><name>Jason Wingfield</name><uri>http://www.blogger.com/profile/05313220266087110553</uri><email>noreply@blogger.com</email><gd:image rel="http://schemas.google.com/g/2005#thumbnail" width="32" height="24" src="http://2.bp.blogspot.com/_4CUlDrZ_iTA/SWlaZZONq8I/AAAAAAAAAAQ/3dUVI_PcqBs/S220/Nihahi+Ridge+2008+044.JPG" /></author><media:thumbnail xmlns:media="http://search.yahoo.com/mrss/" url="http://4.bp.blogspot.com/_4CUlDrZ_iTA/SYtWvtF8WuI/AAAAAAAAAD0/dpbcvS0kD3A/s72-c/ES_20090205.png" height="72" width="72" /><thr:total>1</thr:total></entry><entry><id>tag:blogger.com,1999:blog-5587548170365596236.post-1405503273326766650</id><published>2009-02-04T12:13:00.006-07:00</published><updated>2009-02-22T23:56:05.041-07:00</updated><title type="text">Wednesday, Feb 4th Day Trading: ES</title><content type="html">&lt;a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://4.bp.blogspot.com/_4CUlDrZ_iTA/SYnqcLe4rsI/AAAAAAAAADc/h-2FJLDRn1M/s1600-h/ES_20090204.png"&gt;&lt;img style="display:block; margin:0px auto 10px; text-align:center;cursor:pointer; cursor:hand;width: 320px; height: 138px;" src="http://4.bp.blogspot.com/_4CUlDrZ_iTA/SYnqcLe4rsI/AAAAAAAAADc/h-2FJLDRn1M/s320/ES_20090204.png" border="0" alt="at home money, currency trading, day trading, earn money, easy money, estate tax, extra income, extra money, fast money, forex, forex trading software&lt;br /&gt;" id="BLOGGER_PHOTO_ID_5299024206417669826" /&gt;&lt;/a&gt;&lt;div&gt;&lt;div style="text-align: center;"&gt;&lt;span class="Apple-style-span" style="color: rgb(0, 0, 238); text-decoration: underline;"&gt;ES (E-mini S&amp;amp;P 500)&lt;/span&gt;&lt;/div&gt;&lt;div&gt;&lt;br /&gt;&lt;/div&gt;&lt;div&gt;The morning was difficult to trade and I suffered losses in bonds and the Euro, but the S&amp;amp;P e-mini was a little more cooperative.  &lt;/div&gt;&lt;div&gt;&lt;br /&gt;&lt;/div&gt;&lt;div&gt;The first trade I entered using a 1.5x Wilder's Volatility Stop of 7 points with a single contract.  I exited when price movement stalled and the bonds began to head upward, indicating this trend could be over.  In this case it was true and the exit was very near the top - not that I was trying for the top, but it's nice to know I got most of this move.&lt;/div&gt;&lt;div&gt;&lt;br /&gt;&lt;/div&gt;&lt;div&gt;The second trade in the afternoon was a solid downtrend with crude leading the way and the mini Dow solidly in a downtrend when I entered, again using a 1x Volatility Stop of 5.5 points.  In this case I aggressively locked in profits when the market began running down - since I am currently trying to recover losses from yesterday and this morning.  Once my account is back in black I'll follow these moves to completion when the greenline crosses price OR price is held by support/resistance.&lt;/div&gt;&lt;/div&gt;&lt;br /&gt;&lt;script type="text/javascript"&gt;&lt;br /&gt;  var dc_UnitID = 14;&lt;br /&gt;  var dc_PublisherID = 88386;&lt;br /&gt;  var dc_AdLinkColor = 'blue';&lt;br /&gt;  var dc_adprod='ADL';&lt;br /&gt;  var dc_open_new_win = 'yes'; &lt;br /&gt;    &lt;/script&gt;&lt;br /&gt;    &lt;script src="http://kona.kontera.com/javascript/lib/KonaLibInline.js" type="text/javascript"&gt;&lt;/script&gt;&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/5587548170365596236-1405503273326766650?l=www.savvyenterprises.ca' alt='' /&gt;&lt;/div&gt;</content><link rel="replies" type="application/atom+xml" href="http://www.savvyenterprises.ca/feeds/1405503273326766650/comments/default" title="Post Comments" /><link rel="replies" type="text/html" href="http://www.blogger.com/comment.g?blogID=5587548170365596236&amp;postID=1405503273326766650" title="0 Comments" /><link rel="edit" type="application/atom+xml" href="http://www.blogger.com/feeds/5587548170365596236/posts/default/1405503273326766650" /><link rel="self" type="application/atom+xml" href="http://www.blogger.com/feeds/5587548170365596236/posts/default/1405503273326766650" /><link rel="alternate" type="text/html" href="http://www.savvyenterprises.ca/2009/02/wednesday-feb-4th-day-trading-es.html" title="Wednesday, Feb 4th Day Trading: ES" /><author><name>Jason Wingfield</name><uri>http://www.blogger.com/profile/05313220266087110553</uri><email>noreply@blogger.com</email><gd:image rel="http://schemas.google.com/g/2005#thumbnail" width="32" height="24" src="http://2.bp.blogspot.com/_4CUlDrZ_iTA/SWlaZZONq8I/AAAAAAAAAAQ/3dUVI_PcqBs/S220/Nihahi+Ridge+2008+044.JPG" /></author><media:thumbnail xmlns:media="http://search.yahoo.com/mrss/" url="http://4.bp.blogspot.com/_4CUlDrZ_iTA/SYnqcLe4rsI/AAAAAAAAADc/h-2FJLDRn1M/s72-c/ES_20090204.png" height="72" width="72" /><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-5587548170365596236.post-4933912071797594511</id><published>2009-02-03T23:30:00.012-07:00</published><updated>2009-02-22T23:58:15.250-07:00</updated><title type="text">Tuesday, Feb 3rd Day Trading: G6E, ZB</title><content type="html">&lt;a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://2.bp.blogspot.com/_4CUlDrZ_iTA/SYk6-YaNvzI/AAAAAAAAADU/GxYEPaVJHtY/s1600-h/G6E_20090203.png"&gt;&lt;img style="display:block; margin:0px auto 10px; text-align:center;cursor:pointer; cursor:hand;width: 320px; height: 138px;" src="http://2.bp.blogspot.com/_4CUlDrZ_iTA/SYk6-YaNvzI/AAAAAAAAADU/GxYEPaVJHtY/s320/G6E_20090203.png" border="0" alt="forex trading system, futures, futures trading, how earn money, how to get rich, how to make money, how to make money fast, how to make money online, income" id="BLOGGER_PHOTO_ID_5298831279956803378" /&gt;&lt;br /&gt;&lt;/a&gt;&lt;div&gt;&lt;div style="text-align: center;"&gt;&lt;span class="Apple-style-span" style="color: rgb(0, 0, 238); text-decoration: underline;"&gt;&lt;span class="Apple-style-span" style="color: rgb(0, 0, 0); "&gt;&lt;span class="Apple-style-span" style="color: rgb(0, 0, 238); text-decoration: underline; "&gt;G6E (Euro FX)&lt;/span&gt;&lt;/span&gt;&lt;br /&gt;&lt;/span&gt;&lt;/div&gt;&lt;div style="text-align: center;"&gt;&lt;br /&gt;&lt;/div&gt;&lt;a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://1.bp.blogspot.com/_4CUlDrZ_iTA/SYk6sbRwmRI/AAAAAAAAADM/8KisjamWX8M/s1600-h/ZB_20090203.png"&gt;&lt;img style="display:block; margin:0px auto 10px; text-align:center;cursor:pointer; cursor:hand;width: 320px; height: 138px;" src="http://1.bp.blogspot.com/_4CUlDrZ_iTA/SYk6sbRwmRI/AAAAAAAAADM/8KisjamWX8M/s320/ZB_20090203.png" border="0" alt="income online, internet money, make cash, make extra money, make money, make money at home, make money easy, make money fast, make money from home, make money internet&lt;br /&gt;" id="BLOGGER_PHOTO_ID_5298830971488999698" /&gt;&lt;/a&gt;&lt;a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://1.bp.blogspot.com/_4CUlDrZ_iTA/SYk38wsyvXI/AAAAAAAAADE/fwUeP_69WFs/s1600-h/ZB_20090203.png"&gt;&lt;br /&gt;&lt;/a&gt;&lt;div&gt;&lt;div style="text-align: center;"&gt;&lt;span class="Apple-style-span" style="color: rgb(0, 0, 238); text-decoration: underline;"&gt;ZB (30 Yr T-Bonds)&lt;/span&gt;&lt;/div&gt;&lt;div&gt;&lt;div style="text-align: center;"&gt;&lt;br /&gt;&lt;/div&gt;&lt;/div&gt;&lt;div&gt;&lt;div&gt;Well today I was kicked by the market.  On nearly every trade I entered the price action whipsawed me right out, a few times with a break-even or small profit, and several times with a full loss.&lt;br /&gt;&lt;/div&gt;&lt;div&gt;&lt;br /&gt;&lt;/div&gt;&lt;div&gt;The Euro trade above shows that I started the day right, with a small profit of $250 trading 2contracts; however, I aggressively tightened my stop loss and was bounced out of the trade prematurely.  Had I used a Wilder's Volatility Stop I would have remained in this trade to exit either after the upper daily range held as support, or once the price crossed the greenline. Either way, my profits would have been about 300% - 600% greater (see chart).&lt;/div&gt;&lt;div&gt;&lt;br /&gt;&lt;/div&gt;&lt;div&gt;The bond trade above shows I was stopped out for a full loss when the market reversed just enough to fill my stop before moving with the trend for the rest of the morning.  Again, using a wider volatility-based stop would have kept me in this trade and I would have either exited below support, or once the price moved back up to the greenline stop level (see chart).&lt;/div&gt;&lt;div&gt;&lt;br /&gt;&lt;/div&gt;&lt;div&gt;Tomorrow I put into practice the Wilder's Volatility Stop using single contracts in Bonds, Euro and S&amp;amp;P 500 e-mini.  I tallied up the week so far and using this stop loss and following the green line until I exit the trade would have netted in the neighbourhood of $3k per single contract over 3 markets (G6E, ZB, ES) - and that is without pyramiding my trading positions.  One thing at a time though, pyrimiding can wait until I get a few weeks of solid results behind me using the larger stops and smaller position sizes on each trade.  I am expecting my win percentage and profit per trade to increase.  &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;br /&gt;&lt;script type="text/javascript"&gt;&lt;br /&gt;  var dc_UnitID = 14;&lt;br /&gt;  var dc_PublisherID = 88386;&lt;br /&gt;  var dc_AdLinkColor = 'blue';&lt;br /&gt;  var dc_adprod='ADL';&lt;br /&gt;  var dc_open_new_win = 'yes'; &lt;br /&gt;    &lt;/script&gt;&lt;br /&gt;    &lt;script src="http://kona.kontera.com/javascript/lib/KonaLibInline.js" type="text/javascript"&gt;&lt;/script&gt;&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/5587548170365596236-4933912071797594511?l=www.savvyenterprises.ca' alt='' /&gt;&lt;/div&gt;</content><link rel="replies" type="application/atom+xml" href="http://www.savvyenterprises.ca/feeds/4933912071797594511/comments/default" title="Post Comments" /><link rel="replies" type="text/html" href="http://www.blogger.com/comment.g?blogID=5587548170365596236&amp;postID=4933912071797594511" title="0 Comments" /><link rel="edit" type="application/atom+xml" href="http://www.blogger.com/feeds/5587548170365596236/posts/default/4933912071797594511" /><link rel="self" type="application/atom+xml" href="http://www.blogger.com/feeds/5587548170365596236/posts/default/4933912071797594511" /><link rel="alternate" type="text/html" href="http://www.savvyenterprises.ca/2009/02/tuesday-feb-3nd-day-trading-g6e-zb.html" title="Tuesday, Feb 3rd Day Trading: G6E, ZB" /><author><name>Jason Wingfield</name><uri>http://www.blogger.com/profile/05313220266087110553</uri><email>noreply@blogger.com</email><gd:image rel="http://schemas.google.com/g/2005#thumbnail" width="32" height="24" src="http://2.bp.blogspot.com/_4CUlDrZ_iTA/SWlaZZONq8I/AAAAAAAAAAQ/3dUVI_PcqBs/S220/Nihahi+Ridge+2008+044.JPG" /></author><media:thumbnail xmlns:media="http://search.yahoo.com/mrss/" url="http://2.bp.blogspot.com/_4CUlDrZ_iTA/SYk6-YaNvzI/AAAAAAAAADU/GxYEPaVJHtY/s72-c/G6E_20090203.png" height="72" width="72" /><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-5587548170365596236.post-9144795328351139322</id><published>2009-02-02T09:45:00.008-07:00</published><updated>2009-02-22T23:58:34.828-07:00</updated><title type="text">Monday, Feb 2nd Day Trading: ZB</title><content type="html">&lt;a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://2.bp.blogspot.com/_4CUlDrZ_iTA/SYd1Z9hRwlI/AAAAAAAAAC0/lAIICBTBp5Y/s1600-h/ZB_20090202.png"&gt;&lt;img style="display:block; margin:0px auto 10px; text-align:center;cursor:pointer; cursor:hand;width: 320px; height: 138px;" src="http://2.bp.blogspot.com/_4CUlDrZ_iTA/SYd1Z9hRwlI/AAAAAAAAAC0/lAIICBTBp5Y/s320/ZB_20090202.png" border="0" alt="online trading stock, option trading, passive, passive income, quick money, residual income, stock trading, tax, tax income, trading, trading forex" id="BLOGGER_PHOTO_ID_5298332575495995986" /&gt;&lt;/a&gt;&lt;a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://2.bp.blogspot.com/_4CUlDrZ_iTA/SYcju0OBtEI/AAAAAAAAACs/vRcNLIxrYVU/s1600-h/ZB_20090202.png"&gt;&lt;br /&gt;&lt;/a&gt;&lt;div&gt;&lt;div style="text-align: center;"&gt;&lt;span class="Apple-style-span" style="color: rgb(0, 0, 238); text-decoration: underline;"&gt;ZB (30 Yr T-Bonds)&lt;/span&gt;&lt;/div&gt;&lt;div&gt;&lt;br /&gt;&lt;/div&gt;&lt;div&gt;&lt;br /&gt;&lt;/div&gt;&lt;div&gt;A good start to February, placed a few trades today in G6E and ZB.  G6E was finicky and gave up little in profits but the move in bonds was a good one.  &lt;/div&gt;&lt;div&gt;&lt;br /&gt;&lt;/div&gt;&lt;div&gt;I entered the bonds trade on above average volume and a nice green bar move.  Price stalled and after an upward surge I aggressively locked in profits and eventually the trade was stopped out with 10 ticks on all 3 contracts.  Not a home run, but still a solid conservative trade!&lt;/div&gt;&lt;div&gt;&lt;br /&gt;&lt;/div&gt;&lt;div&gt;It's worth noting that I have been considering using a Wilder Volatility Stop, based on Wilders Avg True Range (14) indicator as shown on the chart.  Entering this trade with a 1.5-times-volatility stop of 0^17.0 points would have allowed me to follow this trend and close out at 14:50 with over $1100 per contract.  I will continue to watch this strategy during my live trades this week before making any changes.&lt;/div&gt;&lt;/div&gt;&lt;br /&gt;&lt;script type="text/javascript"&gt;&lt;br /&gt;  var dc_UnitID = 14;&lt;br /&gt;  var dc_PublisherID = 88386;&lt;br /&gt;  var dc_AdLinkColor = 'blue';&lt;br /&gt;  var dc_adprod='ADL';&lt;br /&gt;  var dc_open_new_win = 'yes'; &lt;br /&gt;    &lt;/script&gt;&lt;br /&gt;    &lt;script src="http://kona.kontera.com/javascript/lib/KonaLibInline.js" type="text/javascript"&gt;&lt;/script&gt;&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/5587548170365596236-9144795328351139322?l=www.savvyenterprises.ca' alt='' /&gt;&lt;/div&gt;</content><link rel="replies" type="application/atom+xml" href="http://www.savvyenterprises.ca/feeds/9144795328351139322/comments/default" title="Post Comments" /><link rel="replies" type="text/html" href="http://www.blogger.com/comment.g?blogID=5587548170365596236&amp;postID=9144795328351139322" title="0 Comments" /><link rel="edit" type="application/atom+xml" href="http://www.blogger.com/feeds/5587548170365596236/posts/default/9144795328351139322" /><link rel="self" type="application/atom+xml" href="http://www.blogger.com/feeds/5587548170365596236/posts/default/9144795328351139322" /><link rel="alternate" type="text/html" href="http://www.savvyenterprises.ca/2009/02/monday-feb-2nd-day-trading-zb.html" title="Monday, Feb 2nd Day Trading: ZB" /><author><name>Jason Wingfield</name><uri>http://www.blogger.com/profile/05313220266087110553</uri><email>noreply@blogger.com</email><gd:image rel="http://schemas.google.com/g/2005#thumbnail" width="32" height="24" src="http://2.bp.blogspot.com/_4CUlDrZ_iTA/SWlaZZONq8I/AAAAAAAAAAQ/3dUVI_PcqBs/S220/Nihahi+Ridge+2008+044.JPG" /></author><media:thumbnail xmlns:media="http://search.yahoo.com/mrss/" url="http://2.bp.blogspot.com/_4CUlDrZ_iTA/SYd1Z9hRwlI/AAAAAAAAAC0/lAIICBTBp5Y/s72-c/ZB_20090202.png" height="72" width="72" /><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-5587548170365596236.post-2427873167618533618</id><published>2009-01-20T15:42:00.006-07:00</published><updated>2009-02-22T23:59:05.721-07:00</updated><title type="text">Tuesday, Jan 20th Day Trading: 2 trades in ES, ZB</title><content type="html">&lt;a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://3.bp.blogspot.com/_4CUlDrZ_iTA/SXZUyGGqXOI/AAAAAAAAACM/PfH-G63oQuo/s1600-h/ZB_20090120.png"&gt;&lt;img style="display:block; margin:0px auto 10px; text-align:center;cursor:pointer; cursor:hand;width: 320px; height: 138px;" src="http://3.bp.blogspot.com/_4CUlDrZ_iTA/SXZUyGGqXOI/AAAAAAAAACM/PfH-G63oQuo/s320/ZB_20090120.png" border="0" alt="trading system, trading systems, way to make money, ways to make money, wealth, robert kiyosaki, donald trump, market wizards" id="BLOGGER_PHOTO_ID_5293511631629343970" /&gt;&lt;br /&gt;&lt;/a&gt;&lt;div&gt;&lt;div style="text-align: center;"&gt;&lt;span class="Apple-style-span" style="color: rgb(0, 0, 238); text-decoration: underline;"&gt;ZB (30 Yr T-Bonds)&lt;/span&gt;&lt;/div&gt;&lt;br /&gt;&lt;a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://1.bp.blogspot.com/_4CUlDrZ_iTA/SXZUxhw6tnI/AAAAAAAAACE/Vx3afTN6flM/s1600-h/ES_20090120.png"&gt;&lt;img style="display:block; margin:0px auto 10px; text-align:center;cursor:pointer; cursor:hand;width: 320px; height: 138px;" src="http://1.bp.blogspot.com/_4CUlDrZ_iTA/SXZUxhw6tnI/AAAAAAAAACE/Vx3afTN6flM/s320/ES_20090120.png" border="0" alt="at home money, currency trading, day trading, earn money, easy money, estate tax, extra income, extra money, fast money, forex, forex trading software" id="BLOGGER_PHOTO_ID_5293511621874464370" /&gt;&lt;br /&gt;&lt;/a&gt;&lt;/div&gt;&lt;div&gt;&lt;div style="text-align: center;"&gt;&lt;span class="Apple-style-span" style="color: rgb(0, 0, 238); text-decoration: underline;"&gt;ES (E-mini S&amp;amp;P 500)&lt;/span&gt;&lt;/div&gt;&lt;div&gt;&lt;br /&gt;&lt;/div&gt;&lt;div&gt;&lt;br /&gt;&lt;/div&gt;&lt;div&gt;Yesterday was Martin Luther King Day, so with the shortened session I did not trade, and combined with "no-trade" Friday it was a nice long weekend.&lt;/div&gt;&lt;div&gt;&lt;br /&gt;&lt;/div&gt;&lt;div&gt;Today I placed 2 trades, one in ES and the other in Bonds.  The trade in Bonds was perfect; the market continued to move well after entry and quickly allowed me to move my stop to break-even +1 tick.  I locked in an additional 8 points on the second contract (within the same 15-minute bar), effectively making this my first official "home run" trade of 2009.  Looking forward to many more!&lt;/div&gt;&lt;div&gt;&lt;br /&gt;&lt;/div&gt;&lt;div&gt;The ES trade was well managed; I aggressively protected my profits from the Bonds by quickly moving to break-even +1 after the price dropped down a couple points.  Unfortunately I was stopped out as a spike reversal formed, but again - this trade was poised to let the profits run risk-free once the stop was locked in at +1.&lt;/div&gt;&lt;/div&gt;&lt;br /&gt;&lt;script type="text/javascript"&gt;&lt;br /&gt;  var dc_UnitID = 14;&lt;br /&gt;  var dc_PublisherID = 88386;&lt;br /&gt;  var dc_AdLinkColor = 'blue';&lt;br /&gt;  var dc_adprod='ADL';&lt;br /&gt;  var dc_open_new_win = 'yes'; &lt;br /&gt;    &lt;/script&gt;&lt;br /&gt;    &lt;script src="http://kona.kontera.com/javascript/lib/KonaLibInline.js" type="text/javascript"&gt;&lt;/script&gt;&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/5587548170365596236-2427873167618533618?l=www.savvyenterprises.ca' alt='' /&gt;&lt;/div&gt;</content><link rel="replies" type="application/atom+xml" href="http://www.savvyenterprises.ca/feeds/2427873167618533618/comments/default" title="Post Comments" /><link rel="replies" type="text/html" href="http://www.blogger.com/comment.g?blogID=5587548170365596236&amp;postID=2427873167618533618" title="0 Comments" /><link rel="edit" type="application/atom+xml" href="http://www.blogger.com/feeds/5587548170365596236/posts/default/2427873167618533618" /><link rel="self" type="application/atom+xml" href="http://www.blogger.com/feeds/5587548170365596236/posts/default/2427873167618533618" /><link rel="alternate" type="text/html" href="http://www.savvyenterprises.ca/2009/01/tuesday-jan-20th-day-trading-2-trades.html" title="Tuesday, Jan 20th Day Trading: 2 trades in ES, ZB" /><author><name>Jason Wingfield</name><uri>http://www.blogger.com/profile/05313220266087110553</uri><email>noreply@blogger.com</email><gd:image rel="http://schemas.google.com/g/2005#thumbnail" width="32" height="24" src="http://2.bp.blogspot.com/_4CUlDrZ_iTA/SWlaZZONq8I/AAAAAAAAAAQ/3dUVI_PcqBs/S220/Nihahi+Ridge+2008+044.JPG" /></author><media:thumbnail xmlns:media="http://search.yahoo.com/mrss/" url="http://3.bp.blogspot.com/_4CUlDrZ_iTA/SXZUyGGqXOI/AAAAAAAAACM/PfH-G63oQuo/s72-c/ZB_20090120.png" height="72" width="72" /><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-5587548170365596236.post-7069262628128618953</id><published>2009-01-20T14:46:00.008-07:00</published><updated>2009-02-22T23:59:28.077-07:00</updated><title type="text">Thursday, Jan 15th Day Trading: 2 trades in ES, ZB</title><content type="html">&lt;a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://2.bp.blogspot.com/_4CUlDrZ_iTA/SXZSu6Wy7WI/AAAAAAAAAB8/wrSgdx2_Oio/s1600-h/ZB_20090115.png"&gt;&lt;img style="display:block; margin:0px auto 10px; text-align:center;cursor:pointer; cursor:hand;width: 320px; height: 138px;" src="http://2.bp.blogspot.com/_4CUlDrZ_iTA/SXZSu6Wy7WI/AAAAAAAAAB8/wrSgdx2_Oio/s320/ZB_20090115.png" border="0" alt="forex trading system, futures, futures trading, how earn money, how to get rich, how to make money, how to make money fast, how to make money online, income&lt;br /&gt;" id="BLOGGER_PHOTO_ID_5293509377912925538" /&gt;&lt;br /&gt;&lt;/a&gt;&lt;div&gt;&lt;div style="text-align: center;"&gt;&lt;span class="Apple-style-span" style="color: rgb(0, 0, 238); text-decoration: underline;"&gt;ZB (30 Yr T-Bonds)&lt;/span&gt;&lt;/div&gt;&lt;br /&gt;&lt;a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://2.bp.blogspot.com/_4CUlDrZ_iTA/SXZSuhQLksI/AAAAAAAAAB0/XStmWayfiog/s1600-h/ES_20090115.png"&gt;&lt;img style="display:block; margin:0px auto 10px; text-align:center;cursor:pointer; cursor:hand;width: 320px; height: 138px;" src="http://2.bp.blogspot.com/_4CUlDrZ_iTA/SXZSuhQLksI/AAAAAAAAAB0/XStmWayfiog/s320/ES_20090115.png" border="0" alt="income online, internet money, make cash, make extra money, make money, make money at home, make money easy, make money fast, make money from home, make money internet" id="BLOGGER_PHOTO_ID_5293509371174294210" /&gt;&lt;br /&gt;&lt;/a&gt;&lt;/div&gt;&lt;div&gt;&lt;div style="text-align: center;"&gt;&lt;span class="Apple-style-span" style="color: rgb(0, 0, 238); text-decoration: underline;"&gt;ES (E-mini S&amp;amp;P 500)&lt;/span&gt;&lt;/div&gt;&lt;div&gt;&lt;br /&gt;&lt;/div&gt;&lt;div&gt;&lt;br /&gt;&lt;/div&gt;&lt;div&gt;Scored a "ground-rule double" in the S&amp;amp;P 500 e-mini: locked in full profit on first contract and then moved remaining stop to break-even +1 tick...looking for the home run.  Closer this time, but again no follow through by the market.  However, it is sure a nice feeling to have some profits under your belt and let profits run risk-free with the second contract.  Nothing ventured, nothing gained!&lt;/div&gt;&lt;div&gt;&lt;br /&gt;&lt;/div&gt;&lt;div&gt;The entry on bonds was a good setup, but the market reversed quickly and stopped out the trade for a full loss.&lt;/div&gt;&lt;/div&gt;&lt;br /&gt;&lt;script type="text/javascript"&gt;&lt;br /&gt;  var dc_UnitID = 14;&lt;br /&gt;  var dc_PublisherID = 88386;&lt;br /&gt;  var dc_AdLinkColor = 'blue';&lt;br /&gt;  var dc_adprod='ADL';&lt;br /&gt;  var dc_open_new_win = 'yes'; &lt;br /&gt;    &lt;/script&gt;&lt;br /&gt;    &lt;script src="http://kona.kontera.com/javascript/lib/KonaLibInline.js" type="text/javascript"&gt;&lt;/script&gt;&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/5587548170365596236-7069262628128618953?l=www.savvyenterprises.ca' alt='' /&gt;&lt;/div&gt;</content><link rel="replies" type="application/atom+xml" href="http://www.savvyenterprises.ca/feeds/7069262628128618953/comments/default" title="Post Comments" /><link rel="replies" type="text/html" href="http://www.blogger.com/comment.g?blogID=5587548170365596236&amp;postID=7069262628128618953" title="0 Comments" /><link rel="edit" type="application/atom+xml" href="http://www.blogger.com/feeds/5587548170365596236/posts/default/7069262628128618953" /><link rel="self" type="application/atom+xml" href="http://www.blogger.com/feeds/5587548170365596236/posts/default/7069262628128618953" /><link rel="alternate" type="text/html" href="http://www.savvyenterprises.ca/2009/01/thursday-jan-15th-day-trading-2-trades.html" title="Thursday, Jan 15th Day Trading: 2 trades in ES, ZB" /><author><name>Jason Wingfield</name><uri>http://www.blogger.com/profile/05313220266087110553</uri><email>noreply@blogger.com</email><gd:image rel="http://schemas.google.com/g/2005#thumbnail" width="32" height="24" src="http://2.bp.blogspot.com/_4CUlDrZ_iTA/SWlaZZONq8I/AAAAAAAAAAQ/3dUVI_PcqBs/S220/Nihahi+Ridge+2008+044.JPG" /></author><media:thumbnail xmlns:media="http://search.yahoo.com/mrss/" url="http://2.bp.blogspot.com/_4CUlDrZ_iTA/SXZSu6Wy7WI/AAAAAAAAAB8/wrSgdx2_Oio/s72-c/ZB_20090115.png" height="72" width="72" /><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-5587548170365596236.post-2316759605572893454</id><published>2009-01-20T14:13:00.008-07:00</published><updated>2009-02-20T18:31:24.382-07:00</updated><title type="text">Wednesday, Jan 14th Day Trading: 3 trades in G6E, ES</title><content type="html">&lt;a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://2.bp.blogspot.com/_4CUlDrZ_iTA/SXZE1aSMTAI/AAAAAAAAABs/lMH7Kftogos/s1600-h/ES_20090114.png"&gt;&lt;img style="display:block; margin:0px auto 10px; text-align:center;cursor:pointer; cursor:hand;width: 320px; height: 138px;" src="http://2.bp.blogspot.com/_4CUlDrZ_iTA/SXZE1aSMTAI/AAAAAAAAABs/lMH7Kftogos/s320/ES_20090114.png" border="0" alt="" id="BLOGGER_PHOTO_ID_5293494096399977474" /&gt;&lt;br /&gt;&lt;/a&gt;&lt;div&gt;&lt;div style="text-align: center;"&gt;&lt;span class="Apple-style-span" style="color: rgb(0, 0, 238); text-decoration: underline;"&gt;ES (E-mini S&amp;amp;P 500)&lt;/span&gt;&lt;/div&gt;&lt;br /&gt;&lt;a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://1.bp.blogspot.com/_4CUlDrZ_iTA/SXZE1IxI0ZI/AAAAAAAAABk/xVHzqSV3sts/s1600-h/G6E_20090114.png"&gt;&lt;img style="display:block; margin:0px auto 10px; text-align:center;cursor:pointer; cursor:hand;width: 320px; height: 138px;" src="http://1.bp.blogspot.com/_4CUlDrZ_iTA/SXZE1IxI0ZI/AAAAAAAAABk/xVHzqSV3sts/s320/G6E_20090114.png" border="0" alt="" id="BLOGGER_PHOTO_ID_5293494091697934738" /&gt;&lt;br /&gt;&lt;/a&gt;&lt;/div&gt;&lt;div&gt;&lt;div style="text-align: center;"&gt;&lt;span class="Apple-style-span" style="color: rgb(0, 0, 238); text-decoration: underline;"&gt;G6E (Euro FX)&lt;/span&gt;&lt;/div&gt;&lt;div&gt;&lt;br /&gt;&lt;/div&gt;Well, I learned 2 valuable lessons today:&lt;div&gt;&lt;ol&gt;&lt;li&gt;Pay attention to price action during last 60 seconds of a possible entry bar.  If the price isn't moving in the general direction of the trade - wait for a better entry.  This simple rule would have prevented a full loss in G6E.&lt;/li&gt;&lt;li&gt;Use a separate workstation to enter the trade orders.  My trade entry application (InfinityAT) locked up on me &lt;span class="Apple-style-span" style="font-weight: bold;"&gt;again&lt;/span&gt;, and after panicking to get it running on my laptop I had accidentally entered a double position in ES..yikes!  From now on I will be using my &lt;span class="Apple-style-span" style="font-weight: bold;"&gt;laptop for InfinityAT only&lt;/span&gt;, and my workstation for Trade Navigator, chatrooms, etc. (everything else I have open during a trading session).&lt;/li&gt;&lt;/ol&gt;&lt;div&gt;On a positive note, the second trade entry in ES was a better one, and after locking in break-even + 2 ticks I was again ready to take advantage of a long trend with no risk.  Unfortunately the market didn't cooperate this time, but it's a numbers game so I'll do it all over again tomorrow!&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;br /&gt;&lt;script type="text/javascript"&gt;&lt;br /&gt;  var dc_UnitID = 14;&lt;br /&gt;  var dc_PublisherID = 88386;&lt;br /&gt;  var dc_AdLinkColor = 'blue';&lt;br /&gt;  var dc_adprod='ADL';&lt;br /&gt;  var dc_open_new_win = 'yes'; &lt;br /&gt;    &lt;/script&gt;&lt;br /&gt;    &lt;script src="http://kona.kontera.com/javascript/lib/KonaLibInline.js" type="text/javascript"&gt;&lt;/script&gt;&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/5587548170365596236-2316759605572893454?l=www.savvyenterprises.ca' alt='' /&gt;&lt;/div&gt;</content><link rel="replies" type="application/atom+xml" href="http://www.savvyenterprises.ca/feeds/2316759605572893454/comments/default" title="Post Comments" /><link rel="replies" type="text/html" href="http://www.blogger.com/comment.g?blogID=5587548170365596236&amp;postID=2316759605572893454" title="0 Comments" /><link rel="edit" type="application/atom+xml" href="http://www.blogger.com/feeds/5587548170365596236/posts/default/2316759605572893454" /><link rel="self" type="application/atom+xml" href="http://www.blogger.com/feeds/5587548170365596236/posts/default/2316759605572893454" /><link rel="alternate" type="text/html" href="http://www.savvyenterprises.ca/2009/01/wednesday-jan-14th-day-trading-3-trades.html" title="Wednesday, Jan 14th Day Trading: 3 trades in G6E, ES" /><author><name>Jason Wingfield</name><uri>http://www.blogger.com/profile/05313220266087110553</uri><email>noreply@blogger.com</email><gd:image rel="http://schemas.google.com/g/2005#thumbnail" width="32" height="24" src="http://2.bp.blogspot.com/_4CUlDrZ_iTA/SWlaZZONq8I/AAAAAAAAAAQ/3dUVI_PcqBs/S220/Nihahi+Ridge+2008+044.JPG" /></author><media:thumbnail xmlns:media="http://search.yahoo.com/mrss/" url="http://2.bp.blogspot.com/_4CUlDrZ_iTA/SXZE1aSMTAI/AAAAAAAAABs/lMH7Kftogos/s72-c/ES_20090114.png" height="72" width="72" /><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-5587548170365596236.post-565180958399648790</id><published>2009-01-20T13:35:00.008-07:00</published><updated>2009-02-22T23:59:52.783-07:00</updated><title type="text">Tuesday, Jan 13th Day Trading: 2 trades in G6E, ZB</title><content type="html">&lt;a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://4.bp.blogspot.com/_4CUlDrZ_iTA/SXY3qUXOQsI/AAAAAAAAABc/NcHi47N2b5Y/s1600-h/ZB_20090113.png"&gt;&lt;img style="display:block; margin:0px auto 10px; text-align:center;cursor:pointer; cursor:hand;width: 320px; height: 138px;" src="http://4.bp.blogspot.com/_4CUlDrZ_iTA/SXY3qUXOQsI/AAAAAAAAABc/NcHi47N2b5Y/s320/ZB_20090113.png" border="0" alt="make money on internet, make money on the internet, make money quick, make more money, making money, making money online, money, money from home, online trading" id="BLOGGER_PHOTO_ID_5293479612180742850" /&gt;&lt;br /&gt;&lt;/a&gt;&lt;div&gt;&lt;div style="text-align: center;"&gt;&lt;span class="Apple-style-span" style="color: rgb(0, 0, 238); text-decoration: underline;"&gt;ZB (30 Yr T-Bonds)&lt;/span&gt;&lt;/div&gt;&lt;br /&gt;&lt;a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://2.bp.blogspot.com/_4CUlDrZ_iTA/SXY3pr43RqI/AAAAAAAAABU/5CYPjqLTgl4/s1600-h/G6E_20090113.png"&gt;&lt;img style="display:block; margin:0px auto 10px; text-align:center;cursor:pointer; cursor:hand;width: 320px; height: 138px;" src="http://2.bp.blogspot.com/_4CUlDrZ_iTA/SXY3pr43RqI/AAAAAAAAABU/5CYPjqLTgl4/s320/G6E_20090113.png" border="0" alt="online trading stock, option trading, passive, passive income, quick money, residual income, stock trading, tax, tax income, trading, trading forex" id="BLOGGER_PHOTO_ID_5293479601315989154" /&gt;&lt;br /&gt;&lt;/a&gt;&lt;div&gt;&lt;div style="text-align: center;"&gt;&lt;span class="Apple-style-span" style="color: rgb(0, 0, 238); text-decoration: underline;"&gt;G6E (Euro FX)&lt;/span&gt;&lt;/div&gt;&lt;div&gt;&lt;br /&gt;&lt;/div&gt;&lt;div&gt;&lt;br /&gt;&lt;/div&gt;Finally, the market began to give up some decent profits in January!  On both of these trades I entered limit orders a couple of ticks above the opening price to make sure the market moved my way, and I aggressively protected my profits by tightening my stop loss as the price moved in the direction of the trade.&lt;div&gt;&lt;br /&gt;&lt;/div&gt;&lt;div&gt;The second contract in G6E was stopped out at break-even + 5 ticks, but was perfectly poised to capture a risk-free trend; it didn't happen this time, but next time we'll see!&lt;/div&gt;&lt;div&gt;&lt;br /&gt;&lt;/div&gt;&lt;div&gt;Similarly on the bonds, price movement was extremely volatile - "jumpy" at times.  After an initial price surge I locked in profits by moving to break-even + 1 tick.  After a successful trade in the Euro I didn't want to give any back to the market, and with b/e+1 locked in, again we are in the zone and ready to let our profits run. &lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;br /&gt;&lt;script type="text/javascript"&gt;&lt;br /&gt;  var dc_UnitID = 14;&lt;br /&gt;  var dc_PublisherID = 88386;&lt;br /&gt;  var dc_AdLinkColor = 'blue';&lt;br /&gt;  var dc_adprod='ADL';&lt;br /&gt;  var dc_open_new_win = 'yes'; &lt;br /&gt;    &lt;/script&gt;&lt;br /&gt;    &lt;script src="http://kona.kontera.com/javascript/lib/KonaLibInline.js" type="text/javascript"&gt;&lt;/script&gt;&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/5587548170365596236-565180958399648790?l=www.savvyenterprises.ca' alt='' /&gt;&lt;/div&gt;</content><link rel="replies" type="application/atom+xml" href="http://www.savvyenterprises.ca/feeds/565180958399648790/comments/default" title="Post Comments" /><link rel="replies" type="text/html" href="http://www.blogger.com/comment.g?blogID=5587548170365596236&amp;postID=565180958399648790" title="0 Comments" /><link rel="edit" type="application/atom+xml" href="http://www.blogger.com/feeds/5587548170365596236/posts/default/565180958399648790" /><link rel="self" type="application/atom+xml" href="http://www.blogger.com/feeds/5587548170365596236/posts/default/565180958399648790" /><link rel="alternate" type="text/html" href="http://www.savvyenterprises.ca/2009/01/tuesday-jan-13th-day-trading-2-trades.html" title="Tuesday, Jan 13th Day Trading: 2 trades in G6E, ZB" /><author><name>Jason Wingfield</name><uri>http://www.blogger.com/profile/05313220266087110553</uri><email>noreply@blogger.com</email><gd:image rel="http://schemas.google.com/g/2005#thumbnail" width="32" height="24" src="http://2.bp.blogspot.com/_4CUlDrZ_iTA/SWlaZZONq8I/AAAAAAAAAAQ/3dUVI_PcqBs/S220/Nihahi+Ridge+2008+044.JPG" /></author><media:thumbnail xmlns:media="http://search.yahoo.com/mrss/" url="http://4.bp.blogspot.com/_4CUlDrZ_iTA/SXY3qUXOQsI/AAAAAAAAABc/NcHi47N2b5Y/s72-c/ZB_20090113.png" height="72" width="72" /><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-5587548170365596236.post-3660017200186781360</id><published>2009-01-20T11:45:00.010-07:00</published><updated>2009-02-23T00:00:17.937-07:00</updated><title type="text">Monday, Jan 12th Day Trading: 3 trades in ES, ZB</title><content type="html">&lt;a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://3.bp.blogspot.com/_4CUlDrZ_iTA/SXYtvS7B_9I/AAAAAAAAABM/9SQna5RKyjI/s1600-h/ZB_20090112.png"&gt;&lt;img style="display:block; margin:0px auto 10px; text-align:center;cursor:pointer; cursor:hand;width: 320px; height: 138px;" src="http://3.bp.blogspot.com/_4CUlDrZ_iTA/SXYtvS7B_9I/AAAAAAAAABM/9SQna5RKyjI/s320/ZB_20090112.png" border="0" alt="trading system, trading systems, way to make money, ways to make money, wealth, robert kiyosaki, donald trump, market wizards" id="BLOGGER_PHOTO_ID_5293468702577131474" /&gt;&lt;br /&gt;&lt;/a&gt;&lt;div&gt;&lt;div style="text-align: center;"&gt;&lt;span class="Apple-style-span" style="color: rgb(0, 0, 238); text-decoration: underline;"&gt;ZB (30 Yr T-Bonds)&lt;/span&gt;&lt;/div&gt;&lt;br /&gt;&lt;a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://3.bp.blogspot.com/_4CUlDrZ_iTA/SXYrqDuKdxI/AAAAAAAAABE/InHvJdOeH-g/s1600-h/ES_20090112.png"&gt;&lt;img style="display:block; margin:0px auto 10px; text-align:center;cursor:pointer; cursor:hand;width: 320px; height: 138px;" src="http://3.bp.blogspot.com/_4CUlDrZ_iTA/SXYrqDuKdxI/AAAAAAAAABE/InHvJdOeH-g/s320/ES_20090112.png" border="0" alt="at home money, currency trading, day trading, earn money, easy money, estate tax, extra income, extra money, fast money, forex, forex trading software&lt;br /&gt;" id="BLOGGER_PHOTO_ID_5293466413574027026" /&gt;&lt;br /&gt;&lt;/a&gt;&lt;/div&gt;&lt;div&gt;&lt;div style="text-align: center;"&gt;&lt;span class="Apple-style-span" style="color: rgb(0, 0, 238); text-decoration: underline;"&gt;ES (E-mini S&amp;amp;P 500)&lt;/span&gt;&lt;/div&gt;&lt;div&gt;&lt;br /&gt;&lt;/div&gt;&lt;div&gt;&lt;br /&gt;&lt;/div&gt;Monday was another very difficult trading day; there were a few strong setups, but still no market follow-through.  After the second loss in ES, and a new losing streak of 5 trades I stopped trading for the day.&lt;div&gt;&lt;br /&gt;&lt;/div&gt;&lt;div&gt;I have decided to adopt David Knight's trading schedule mornings from Monday to Thursday 8:20AM - 11:30AM EST, and afternoons on Tuesday and Thursday 1:30PM - 4:00PM EST.  Rockwell Trading recommends not trading on Fridays, so I have also incorporated that rule into my trading plan.  This leaves me with 6 trading sessions each week, and if I can achieve 1 strong trade in each session I will be doing very well.&lt;/div&gt;&lt;div&gt;&lt;br /&gt;&lt;/div&gt;&lt;div&gt;&lt;span class="Apple-style-span" style="font-weight: bold;"&gt;Note&lt;/span&gt;: all profit and loss (PnL) on my charts are listed for 2 contracts.  I will likely be trading at least 2 contracts, according to my money management plan - but I do like having multiple targets on each trade, so I will show where each "group" of contracts exited.  This is very aggressive, but I look to move my initial stop to 1/2 as soon as I get a few ticks in the direction of the trade, effectively reducing the risk to that of a single contract trade.&lt;/div&gt;&lt;/div&gt;&lt;br /&gt;&lt;script type="text/javascript"&gt;&lt;br /&gt;  var dc_UnitID = 14;&lt;br /&gt;  var dc_PublisherID = 88386;&lt;br /&gt;  var dc_AdLinkColor = 'blue';&lt;br /&gt;  var dc_adprod='ADL';&lt;br /&gt;  var dc_open_new_win = 'yes'; &lt;br /&gt;    &lt;/script&gt;&lt;br /&gt;    &lt;script src="http://kona.kontera.com/javascript/lib/KonaLibInline.js" type="text/javascript"&gt;&lt;/script&gt;&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/5587548170365596236-3660017200186781360?l=www.savvyenterprises.ca' alt='' /&gt;&lt;/div&gt;</content><link rel="replies" type="application/atom+xml" href="http://www.savvyenterprises.ca/feeds/3660017200186781360/comments/default" title="Post Comments" /><link rel="replies" type="text/html" href="http://www.blogger.com/comment.g?blogID=5587548170365596236&amp;postID=3660017200186781360" title="0 Comments" /><link rel="edit" type="application/atom+xml" href="http://www.blogger.com/feeds/5587548170365596236/posts/default/3660017200186781360" /><link rel="self" type="application/atom+xml" href="http://www.blogger.com/feeds/5587548170365596236/posts/default/3660017200186781360" /><link rel="alternate" type="text/html" href="http://www.savvyenterprises.ca/2009/01/monday-jan-12th-day-trading-3-trades-in.html" title="Monday, Jan 12th Day Trading: 3 trades in ES, ZB" /><author><name>Jason Wingfield</name><uri>http://www.blogger.com/profile/05313220266087110553</uri><email>noreply@blogger.com</email><gd:image rel="http://schemas.google.com/g/2005#thumbnail" width="32" height="24" src="http://2.bp.blogspot.com/_4CUlDrZ_iTA/SWlaZZONq8I/AAAAAAAAAAQ/3dUVI_PcqBs/S220/Nihahi+Ridge+2008+044.JPG" /></author><media:thumbnail xmlns:media="http://search.yahoo.com/mrss/" url="http://3.bp.blogspot.com/_4CUlDrZ_iTA/SXYtvS7B_9I/AAAAAAAAABM/9SQna5RKyjI/s72-c/ZB_20090112.png" height="72" width="72" /><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-5587548170365596236.post-2565134181945720835</id><published>2009-01-11T02:04:00.011-07:00</published><updated>2009-02-23T00:00:54.953-07:00</updated><title type="text">Thursday Day Trading: 6 trades in ES, G6E, ZB for break-even profits</title><content type="html">&lt;a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://1.bp.blogspot.com/_4CUlDrZ_iTA/SWm5nEadYcI/AAAAAAAAAA4/BOXAlit34Ps/s1600-h/ZB_20090108.png"&gt;&lt;img style="display:block; margin:0px auto 10px; text-align:center;cursor:pointer; cursor:hand;width: 320px; height: 141px;" src="http://1.bp.blogspot.com/_4CUlDrZ_iTA/SWm5nEadYcI/AAAAAAAAAA4/BOXAlit34Ps/s320/ZB_20090108.png" border="0" alt="forex trading system, futures, futures trading, how earn money, how to get rich, how to make money, how to make money fast, how to make money online, income" id="BLOGGER_PHOTO_ID_5289963318174114242" /&gt;&lt;br /&gt;&lt;/a&gt;&lt;div&gt;&lt;div style="text-align: center;"&gt;&lt;span class="Apple-style-span" style="color: rgb(85, 26, 139); text-decoration: underline;"&gt;&lt;span class="Apple-style-span" style="color: rgb(0, 0, 0); "&gt;&lt;span class="Apple-style-span" style="color: rgb(85, 26, 139); text-decoration: underline; "&gt;ZB (30 Yr T-Bonds)&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/div&gt;&lt;br /&gt;&lt;a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://3.bp.blogspot.com/_4CUlDrZ_iTA/SWm5myto8xI/AAAAAAAAAAw/UwVZOrps3TI/s1600-h/G6E_20090108.png"&gt;&lt;img style="display:block; margin:0px auto 10px; text-align:center;cursor:pointer; cursor:hand;width: 320px; height: 141px;" src="http://3.bp.blogspot.com/_4CUlDrZ_iTA/SWm5myto8xI/AAAAAAAAAAw/UwVZOrps3TI/s320/G6E_20090108.png" border="0" alt="income online, internet money, make cash, make extra money, make money, make money at home, make money easy, make money fast, make money from home, make money internet" id="BLOGGER_PHOTO_ID_5289963313422725906" /&gt;&lt;br /&gt;&lt;/a&gt;&lt;/div&gt;&lt;div&gt;&lt;div style="text-align: center;"&gt;&lt;span class="Apple-style-span" style="color: rgb(85, 26, 139); text-decoration: underline;"&gt;G6E (Euro FX)&lt;/span&gt;&lt;/div&gt;&lt;br /&gt;&lt;a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://1.bp.blogspot.com/_4CUlDrZ_iTA/SWm5mfKktaI/AAAAAAAAAAo/Vyj7cnUpaaQ/s1600-h/ES_20090108.png"&gt;&lt;img style="display:block; margin:0px auto 10px; text-align:center;cursor:pointer; cursor:hand;width: 320px; height: 141px;" src="http://1.bp.blogspot.com/_4CUlDrZ_iTA/SWm5mfKktaI/AAAAAAAAAAo/Vyj7cnUpaaQ/s320/ES_20090108.png" border="0" alt="make money on internet, make money on the internet, make money quick, make more money, making money, making money online, money, money from home, online trading" id="BLOGGER_PHOTO_ID_5289963308175373730" /&gt;&lt;/a&gt;&lt;/div&gt;&lt;div&gt;&lt;div style="text-align: center;"&gt;&lt;span class="Apple-style-span" style="color: rgb(85, 26, 139); text-decoration: underline;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;/div&gt;&lt;div style="text-align: center;"&gt;&lt;span class="Apple-style-span" style="color: rgb(85, 26, 139); text-decoration: underline;"&gt;&lt;span class="Apple-style-span" style="color: rgb(0, 0, 0); "&gt;&lt;span class="Apple-style-span" style="color: rgb(85, 26, 139); text-decoration: underline; "&gt;ES (E-mini S&amp;amp;P 500)&lt;/span&gt;&lt;/span&gt;&lt;br /&gt;&lt;/span&gt;&lt;/div&gt;&lt;br /&gt;The first week of trading since the holidays was a frustrating one for sure - as was most of December.  I sat on the sidelines for that last 2 weeks of December and the first week of January - as suggested by the experienced professionals.  I placed a total of 6 trades for a break-even profit on Thursday (1 win, 3 losses in ES; 1 win in G6E; 1 loss in ZB); volumes are still low as the institutional traders are slowly returning to the markets - next week is expected to pick up to near-normal levels!&lt;div&gt;&lt;br /&gt;&lt;/div&gt;&lt;div&gt;My trading strategy is based on the Rockwell Trading "Conservative" and "Medium Aggressive" strategies, as implemented by David Knight.  For more information, please refer to the Rockwell Trading website in my Trading Resources list.&lt;/div&gt;&lt;div&gt;&lt;br /&gt;&lt;/div&gt;&lt;div&gt;&lt;br /&gt;&lt;/div&gt;&lt;/div&gt;&lt;br /&gt;&lt;script type="text/javascript"&gt;&lt;br /&gt;  var dc_UnitID = 14;&lt;br /&gt;  var dc_PublisherID = 88386;&lt;br /&gt;  var dc_AdLinkColor = 'blue';&lt;br /&gt;  var dc_adprod='ADL';&lt;br /&gt;  var dc_open_new_win = 'yes'; &lt;br /&gt;    &lt;/script&gt;&lt;br /&gt;    &lt;script src="http://kona.kontera.com/javascript/lib/KonaLibInline.js" type="text/javascript"&gt;&lt;/script&gt;&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/5587548170365596236-2565134181945720835?l=www.savvyenterprises.ca' alt='' /&gt;&lt;/div&gt;</content><link rel="replies" type="application/atom+xml" href="http://www.savvyenterprises.ca/feeds/2565134181945720835/comments/default" title="Post Comments" /><link rel="replies" type="text/html" href="http://www.blogger.com/comment.g?blogID=5587548170365596236&amp;postID=2565134181945720835" title="2 Comments" /><link rel="edit" type="application/atom+xml" href="http://www.blogger.com/feeds/5587548170365596236/posts/default/2565134181945720835" /><link rel="self" type="application/atom+xml" href="http://www.blogger.com/feeds/5587548170365596236/posts/default/2565134181945720835" /><link rel="alternate" type="text/html" href="http://www.savvyenterprises.ca/2009/01/thursday-day-trading-es-g6e-zb.html" title="Thursday Day Trading: 6 trades in ES, G6E, ZB for break-even profits" /><author><name>Jason Wingfield</name><uri>http://www.blogger.com/profile/05313220266087110553</uri><email>noreply@blogger.com</email><gd:image rel="http://schemas.google.com/g/2005#thumbnail" width="32" height="24" src="http://2.bp.blogspot.com/_4CUlDrZ_iTA/SWlaZZONq8I/AAAAAAAAAAQ/3dUVI_PcqBs/S220/Nihahi+Ridge+2008+044.JPG" /></author><media:thumbnail xmlns:media="http://search.yahoo.com/mrss/" url="http://1.bp.blogspot.com/_4CUlDrZ_iTA/SWm5nEadYcI/AAAAAAAAAA4/BOXAlit34Ps/s72-c/ZB_20090108.png" height="72" width="72" /><thr:total>2</thr:total></entry><entry><id>tag:blogger.com,1999:blog-5587548170365596236.post-5634770437964322895</id><published>2009-01-10T08:18:00.001-07:00</published><updated>2009-02-20T18:32:20.157-07:00</updated><title type="text">Welcome!</title><content type="html">&lt;div&gt;The purpose of my blog is to provide a detailed account of my journey from a struggling trader to a super-successful professional trader.  My goal is not to brag or write a book, however, but to show others one possible path to becoming financially independent and inspire them to break free of the traditional "rat race" and fulfill their hopes and dreams now.&lt;/div&gt;&lt;div&gt;&lt;br /&gt;&lt;/div&gt;&lt;div&gt;Since early 2008 I have acquired what feels like enough training to achieve a master's degree; countless hours were spent in professional coaching, reading as many books as I could get my hands on, practicing chart reading and trading different strategies with options, debit and credit spreads, and futures. After nearly losing all my money I was hooked - and thanks to Rockwell Trading, especially Markus Heitkoetter, Mark Hodge, Rollie White, David Knight, as well as Ryan Jones, Mark Douglas, Van K. Tharp, and Michael Parness - I have now attained a trader's psychology and learned to think in probabilities, risk vs. reward, and trading like a professional every day in order to build my wealth consistently.&lt;/div&gt;&lt;div&gt;&lt;br /&gt;&lt;/div&gt;&lt;div&gt;If you are considering becoming a full or part-time trader, trust me, please consult the materials in my Trading Resources section and do yourself a favour: do not trade any real money until you have read all the books listed there and practiced your strategy on a virtual account for 40 trades at the very least, and are ready to treat your trading like a business and not a hobby; that means writing down your strategy rules and following them every time; accepting a limited risk on every trade you enter; and utilizing proper money management on every trade.  Otherwise, you are gambling, and the casino always wins in the end...be the casino! &lt;/div&gt;&lt;div&gt;&lt;br /&gt;&lt;/div&gt;&lt;div&gt;&lt;br /&gt;&lt;/div&gt;&lt;div&gt;&lt;br /&gt;&lt;/div&gt;&lt;div&gt;Warmest regards,&lt;/div&gt;&lt;div&gt;&lt;br /&gt;&lt;/div&gt;&lt;div&gt;Jason Wingfield&lt;/div&gt;&lt;br /&gt;&lt;script type="text/javascript"&gt;&lt;br /&gt;  var dc_UnitID = 14;&lt;br /&gt;  var dc_PublisherID = 88386;&lt;br /&gt;  var dc_AdLinkColor = 'blue';&lt;br /&gt;  var dc_adprod='ADL';&lt;br /&gt;  var dc_open_new_win = 'yes'; &lt;br /&gt;    &lt;/script&gt;&lt;br /&gt;    &lt;script src="http://kona.kontera.com/javascript/lib/KonaLibInline.js" type="text/javascript"&gt;&lt;/script&gt;&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/5587548170365596236-5634770437964322895?l=www.savvyenterprises.ca' alt='' /&gt;&lt;/div&gt;</content><link rel="replies" type="application/atom+xml" href="http://www.savvyenterprises.ca/feeds/5634770437964322895/comments/default" title="Post Comments" /><link rel="replies" type="text/html" href="http://www.blogger.com/comment.g?blogID=5587548170365596236&amp;postID=5634770437964322895" title="2 Comments" /><link rel="edit" type="application/atom+xml" href="http://www.blogger.com/feeds/5587548170365596236/posts/default/5634770437964322895" /><link rel="self" type="application/atom+xml" href="http://www.blogger.com/feeds/5587548170365596236/posts/default/5634770437964322895" /><link rel="alternate" type="text/html" href="http://www.savvyenterprises.ca/2009/01/welcome_10.html" title="Welcome!" /><author><name>Jason Wingfield</name><uri>http://www.blogger.com/profile/05313220266087110553</uri><email>noreply@blogger.com</email><gd:image rel="http://schemas.google.com/g/2005#thumbnail" width="32" height="24" src="http://2.bp.blogspot.com/_4CUlDrZ_iTA/SWlaZZONq8I/AAAAAAAAAAQ/3dUVI_PcqBs/S220/Nihahi+Ridge+2008+044.JPG" /></author><thr:total>2</thr:total></entry></feed>
