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Norman,
Thanks for the reply. I will spend time this week trying to figure
out (again) how to do it in TradeStation 2000i.
I appreciate your posts and your seasoned advice.
Warmly,
Brian Voiles
At 06:14 PM 5/6/2001, you wrote:
BKV,
I suggest making it look more like a
stock or commodity chart. Then you can add trendlines and look for price
patterns.
Chartingly,
Norman
----- Original Message -----
From: Brian Keith Voiles
To: realtraders@xxxxxxxxxxxxxxx
Sent: Sunday, May 06, 2001 8:07 PM
Subject: [RT] Charting Equity -- Example
Dear Experienced RealTraders,
Is this a good way to chart my equity? If so, am I to assume that once my account
balance gets near $25,000 I should consider myself "overbought" and I therefore need to
become more cautious?
These are my actual results over the last month... you can see I
had a pretty big "draw-down" on April 24th and 25th... the 2 days following a nice run
up in equity.
Should I chart each trade? This is a chart of daily results... but I'm thinking that charting
each trade would be more valuable.
Should I add a 20-period Moving Average, stochastics, RSI, etc... all to help me know
when I'm most likely to hit some losses?
Should I read a book to learn how to do this correctly?... if so what book is recommended?
Thank you for your valued input... I know I have a lot to learn.
Warmly,
Brian Voiles
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