aka_aka

Hi All, I swing trade stocks using algorithms based on: Robert Krausz's interpretation of Gann (Krausz omits the parts of Gann often considered esoteric) The Ross Hook Mean Reversion Volatility Reversion Jeff Augen's perspectives on volatility Multiple Time-Frame Analysis, e.g. that of Brian Shannon Identification of wedges and symmetrical triangles (I'm not much on traditional patterns, but find these two to be strong) I'm developing a personal trading program focused on: intraday swings from analysis of 5, 30, & 120 minute charts AND option selling and synthetic positions for multi-day trades, hedged/managed intra-day I'm now trading full time and working to funnel the perspectives I've acquired over several years of sporadic part-time trading into a daily trading plan that adapts changing market conditions, selecting from numerous algorithms and implementation approaches that I've used and am familiar with. At this point, I think the trading algorithms that I'm familiar with are quite good, and while I'd like to continue to improve them and learn new ones, I find that day-to-day what I need to do most is: Find ways to make optimal use of my trading account, while maintaing sound money management, per Van Tharp's 'Definitive Guide to Position Sizing' -- find degrees of risk that are most profitable and that I'm comfortable with; Find ways to reduce the amount of time researching tradables, thinking through strategic alternatives, and finally deciding what to do. I'm still learning, and enjoying that, but need to do this more mechanically on a day-to-day basis; Find trading approaches that reduce the amount time I feel it necessary to watch real-time price charts; The above can be summarized as an attempt to develop, maintain & apply trading knowledge in the most effective way, i.e. w/ the greatest profit over the least time expended. The stronger that foundation, the more confidence I should have in risking money in markets, and the more profitablly I would expect to trade. So I hope this site helps me think through questions like - o Is scalping a good strategy for these goals ? o Are multi-week positions also appropriate for these goals ? I hope that people here are interested in similar things, and I'd like to contribute to discussion when that could be helpful. Regards, aka_aka