Search results

Hi Millionare, my backtesting shows that even at limiting contracts to around a dozen of each, drawdown could easily be 50K. My stops losses are indicator based. I want the extra cushion. Also, when the market is down 10% or more, I may want to increase contracts.

And MES

Recent activity in MNQ

Here are daily closes of account balance compared to ES starting on 7/15/2021. Starting balance of $178867. I know based on the DD, an account blow up is inevitable. Which is why I want to go full automation to control those "urges", and have limits on exposure.

Here is last page from November 2021 Brokerage Statement

I opened a futures account in October 2020 with $2000. My first trade got closed by broker due to margin call. I reloaded account, then worked on deploying an automated strategy to trade micros. I think I currently have it in the form I can live with and not override (excessively). Before, I...

They sure look impressive, and if you place them just right, you will see a bounce off one of them.

After sensing that the market was not going to rally into the close, I played around with placing several buy stops in QID just above the ask. It sure felt wrong shorting the Nasdaq at the low of the day. As each one filled, my position grew and I moved my stop up, which eventually got hit. Then...

Hey Overnight, I'm guessing a 38% Fibonacci retracement Line. You know, the ones you see drawn on past charts.

Continuing with a steady grind up after a shaky first half of the year. Live trading the strategy is on the left, and paper trading is on the right, for those new to my journal. Started the year with 100k. I am still underperforming the S&P, which is up about 9.5% YTD. Not overly impressive, but...

I didn't honor my stop and actually added to TZA position. Currently own 6025 shares @ 7.93. Current price at close today is 7.94. My position has fluctuated from plus a few hundred to down a few hundred. I still think there could be a regime change that begins this long holiday weekend and with...

Stop moved to 7.97 current bid 8.01

Stop in place at 8. Last 8.06. Would like to let this ride through end of month. I’ve seen trend changes occur with a start of a new month.

Out of all longs. Short Russell 2000 via 4025 shares TZA @7.96

Stopped out of QID with a small gain of $300. I gave back quite a bit in profits, but Turkey didn’t rattle the markets too bad and they held up when Qatar said it would invest in Turkey, I think. I’ll still most likely reenter short next week as the new China tariffs get closer. The major...

Looks like a double top on the NAZ at 7500. Went short via QID 1261 shares @ 37.14. I don’t want a total repeat of February, so I will keep QID as hedge, and reduce position sizing on new longs. Predicting a retest of 7000 come August 23 when the next round of tariffs on China go into effect. My...

Hi Jakobsberg, thanks for checking in. Dips come in all sorts of shapes and sizes. My definition of “dip” is probably different than what most would call a dip. Since no one knows for sure what markets will do, I have to keep plugging away. I am up 2.61% YTD. According to the Wall Street...

Intraday today I hit a new equity peak for the year, but gave back a bit as manually entered stops were hit. Having some problems with internet connection lately and remaining connected to the order entry network when trades should execute. Working on getting that fixed, so have to monitor...

Over half a year has gone by, and just returning to profit. Strat hasn’t done this badly since 2011. Performance is within expectation though, in the short term. Not giving up. Still targeting to beat the market by end of year. I have outperformed the strat mostly by modifying my exits. Is it...