I have been trading in the mornings on the 5 min chart for nasdaq futures in real time.  i made several mistakes on the first few days and then i started to improve toward the end of the ten days.  I made mistakes cuz i was not used to trading with my new smart phone nor making morning day grades o  a 5 minute chart.  by improving, i mean taking a smaller loss or just finding the entry easier.

6/4/12    -10pts (about)
6/11/12    +4.25pts
6/12/12     -4.75pts
6/13/12       0 (break even)
6/14/12      -12pts
6/19/12       +12.25pts
6/20/12       -3.75pts
6/21/12       +1.75pts
6/22/12        -6.75pts
6/25/12        +12pts

Lets see what happens over the next ten trades...

Even though i was having trouble using my phone i was able to enter and exit a playmoney trade for nasdaq 100 emini futures which was a 4.25 point gain.  good gain even though it felt small compared to the overall volatility.  the trade lasted two hours.  i did a good job waiting for the breakout of the long falling channel.  at the open it looked like it was going to go up but soon it turned down.

Im about to finally start trading with real money again.  it will probably be on a 5 min  chart for nasdaq emini futures.  i think i can manage making day trades in the mornings.  everything should start rolling in a week.

Lately i have liked using channels instead of the ema's for finding an entry.  i figured that since i exit using price bars, it would probably be easier if i enter using price bars too.  for the past week or so i would have gained 5, 10 or 12 points every morning.  i have to get used to day trading because thats all i can afford right now anyways.