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A situation similar to both CL and SI we also find with ZL (soybean oil). In this case too we had the price first going up enough to let us open a new set of layers, and then the price returned in the first corridor. So just like SI before, we have a first set of players getting its deserved...

Let's now examine SI (silver index). SI practically did essentially the same thing as CL. It initially went up (enough that we opened a new set of layers) and then went down (currently 14.3) moving in a range of about 16%. So we have the first (initial) set of layers in profit, and the second...

As anticipated, while we are still "underwater" and patiently waiting to get back in the green, it's a good time to check one by one the instruments and see how they are doing. We may start from CL which is one of the first we started. The global situation of all layers is as follows: We...

We are still "underwater" at the moment, but nothing particularly worrying or abnormal: just following our plan. So far most of the DD is due to the strongly correlated instruments NQ, YM, ES. SI is also momentarily shooting down, causing some "load" on its upper set of layers. Same thing for...

Thank you rlx01. Some enthusiasm is always refreshing :) Yes, we are still in a DD phase mostly due to the "stretch" of the mkt (especially NQ, YM and ES). The DD has been amplified by the correlations of these 3 instruments (lesson for next time), which when the mkt pulls are practically the...

Now we want to roll over NGZ5 to the new contract NGF6. Let's examine the situation in order how to do that in the most convenient way. We have currently 2 set of (3) layers active and a long position of 5 contracts (that is each layer, but one has 1 long player open) Now in cases like these...

Looks like today CL has made a sudden large upward move. So we are returning in the realm of our first "corridor" for CL, which is a good thing, as we have been loading up the second "corridor" (the one "above" the first one). Here is the "best" CL layer showing the surge: At the same time...

As promised I have begun working on a few improvements to deal with the issues we have identified in the previous post. First of all, I am focusing on the DD (drawdown) "containment". Since our "protective" players (essentially corresponding to "stops" in an ordinary system, but with the...

You are right that that feature should be there. IB should relay what kind of account one is connecting to (independent of the account code). But it's not the only important piece of information they are not relaying. There are several other ones even more important, for instance the "barrier"...

We have ended the week with a "red alarm" and very sharp DD, mostly caused by issues with NQ and YM (and NG): This is a clear signal we still have a few unresolved "issues" that need to be addressed. - problem with the "fractional" hedging players, when the number of contract multiplied by...

And Wednesday is gone too. Today the PNL has been swinging up and down mostly following index futures markets ES, NQ, and YM, where as seen in the previous posts we have a few positions. We are just waiting to see their "intention": if they reverse we will do nothing and just continue using the...

The situation looks ok this morning. I have rolled CL to the contract CLZ5. SIZ5 does not seem to break up significantly, so, for now, we do not create new layers for it. NQZ5 and YM have accumulated some DD, due to absence of "fluctuations" in the last few days and the mkt going up. It's...

Thank you for your useful question debitspread. We work with several "layers" because we wish to gradually populate all the price range, thus gradually spreading our capital all over the place. For instance, you might have, as we have currently have now, 6 layers for CLX5 alone. When you need...

Our PNL curve still fluctuating about there. Wheat ZW is momentarily pulling down quite violently: Crude oil (CL) has shifted most volume to the front month contract CLZ5, so any time from now is good to make the rollover. Preferably, I would wait to be "flat" (should that happen by chance...

Let's recap a bit the approach we are following in this illustration, for those who have started following only recently. In essence, we start at the current price level by defining a "long/short scalping/hedging entity" which has certain "known mechanical abilities". In particular, this entity...

Today we are back to $22K PNL, but much higher G-L (Gain-Loss) which is towering at $106K. Executed 375 lmt orders in 36.3 solar days, comms: $920.37. Current maint. margin is quite small and around $75K. It turns out that having opened a new set of long/short layers on CLX5 is temporarily...

I missed a couple updates and I am currently lying in bed with a leg up, after paying visit to a local hospital (gym accident). The application, instead, continued working as expected and I can see a few swings in the PNL curve mostly caused by CLX5. (People trading CL manually have been...

Another week is gone (about 31 solar days) and we end it with a marked DD this time. This is caused mainly by CL and SI and in part by YM and NQ, all pulling up. ES, instead has continued to print money, probably due to favorable fluctuations. 327 lmt orders fo far, comms: $797.91. Now since...

This morning the situation is looking a bit better, with PNL curve bouncing back. We have a pretty high G-L (over 90K), that is a "potential profit" whose actual speed of "realization" now depends pretty much on the evolution of the future price curves. Total number of lmt orders executed is now...

This morning we have some more DD, mostly due to CLX5 and SIZ5 which are pulling up. The fact that we are using small packets (=1 contracts) does not allow a "smooth" action for the hedging players, so I am afraid we must get used to these "locally steep gradients" in the PNL curve. The...