Just an aside, in regards to the "pain threshold" comment, the dollar amount will depend on the market you're trading. I was thinking of a cheap market like the mini-Dow where a $200 daily loss threshold would work. If you're trading the emini or Bonds you might have to make that $300, but I'd really avoid going beyond that as it defeats the purpose of having a daily loss limit in the first place.

Besides, you don't want to be trading the emini. Once a good market, now it's just for suckers.

Erich