About

This is part of my trading journal to be used to document a majority of my trades and a holding place for my various brief posts on trading blogs.  I won’t be spending much time here but I will try to respond to any communication within 24 hours.

I will be trading both intra-day and swing trading as well as posting some long- term trades. I trade both the long side and the short side using elliott wave and proprietary trading systems and methods.  I’ll try to post some helpful trading and money management tips along the way as well as snippets of my other interests such as music, art, photography, etc.

I don’t claim to be an expert in elliott wave theory and all its complex rules and wave notations but do claim to maximize it’s potentially profitable and under utilized features with the use of proprietary trading methods and some seldom disclosed money management techniques.

This trading journal is and will continue to be a work in progress as well as a labor of love. Along our shared path I hope we both learn from each other as well from ourselves. This blog may take a life of its own as I begin to share some of my other passions such as music and various visual art forms. Anything worth doing should be done with equal doses of fun and passion.

The road-map account will be the primary swing trading account, I will usually disclose the allocation of longs and shorts in a percentage basis as well as the direction I think the standard and poor 500 index is heading for the next day or two, some days I will not have a clue and will merely ride the trend. the roadmap account is a discretionary account and is separate from the tna trading system or the drn trading system, three separate accounts. the roadmap account is purely elliott wave based and not a mechanical trading system. the tna and drn systems are rule based and partially elliott wave based systems trading both the long and short side and are currently either 100% invested or 0% invested . the roadmap account is not a trading system and its investment allocation and trades are subjectively based on my elliott wave interpretations.

Two trading systems are works in progress, they are the $DRN swing system which is usually in the market long or short and rarely flat and the $TNA system which is very short-term. The $DRN system never misses the big moves but it suffers during the side way markets. The $TNA short-term system signals are reported at the end of the day and rarely real-time, it trades long and short and is sometimes flat for days to avoid whip-saw.

When the $TNA gives a short signal I buy $TZA and when the $DRN system provides a short signal I buy $DRV.  The use of $TNA and $DRN shorts is merely for  simplicity’s sake of tracking trades on the posts as is the use of $SPX  rather than $SPY or any other  stocks.  Later at some point I will post some of the stocks I additionally trade in a separate account.

Further up the road I plan to add my long term accounts to this trading journal and perhaps more ES day trades as well as some improved trading systems.