For Boyd Stone, our charting expert

> Let me add one thing about my much heralded
> losses as a trader. I did over 1500
> real-money S&P futures trades, and ended up
> losing about $20,000. That's an average loss
> per trade of $13.33 including commissions,
> which were $20 per round turn. See what I'm
> saying? I actually make money, excluding
> commissions.

Boyd, that's quite interesting! So you *were* actually making money -- until you paid the commission!

May I ask, how often were you trading? Was it something like a trade every few minutes, or every few hours?

I have a friend who I consider a "day trader" (I've mentioned him before). But in reality, he probably buys and sells every few days at most, so he doesn't trade so often.... (However, he also works a job, which is a factor in that....)

Is there some way you could make your system work with fewer trades? Then you'd be paying fewer commissions, and it might work out better....

(If this sounds ignorant, remember this is a long-term investor talking.... :)

Dien Rice