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MONEY MANAGEMENT with DIVERGENCE TradeStation open source code divergence indicator + TS7 easy language code It is my belief that with a coin toss for entries and good money management (MM) you can be a profitable trader. Here are charts from the last 5 day period. I used a public domain TradeStation divergence indicator to determine entries. No discretion was used. All entries and exits are systematic. You can do other charts and send them to me then will have a larger sample. Perhaps I just picked the right 5 days?. Entries are calculated on open of next bar after divergence located. Here are the results for the last 5 days. I applied 3 different MM methods. The simplest "B" all on all off 2 point target with 2 point stop, trading 1 contract move stop to b/e after price>entry+1.5. A good place for a new trader to begin or perhaps a 1 point target. Method "C" is same trading 3 contracts. Method "A" is trading 3 positions. 2 pt initial stop. Take profits @ 2pt, 5 pt and 10 pt. Move stop to b/e after price has moved 1.5 pt from entry. If open positions are less than 3 than add position at new entry trigger to carry total 3 positions. Stop on new entry is independent of stop on initial entry. The comments I see in chat rooms and receive via email point out to me that many people often have good entries but due to MM are not able to trade profitably. Example chart for day 6/27 below. A nice trade, Went for total 15.75 points on 3 positions. On one position if you trailed your entry 2-3 ticks under last pivot you would profited 6.75pts. The old saying "let you profits run". ...and other filters can be added to improve results. 5 days results +$2300, +$6900 or +$8325 depending on your MM method
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miracles,
they are everywhere.............. 
