20% per month trading half of the time with a 75% winrate and under 1% drawdown

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Dude can’t pay his rent and he’s trading futures. Doesn’t believe in curve-fitting but is relying on some silly backtest. Dude is the prototype for the dumb as a post degen gambler. It’s quite sad.

You’re sick. Stop this nonsense.
 
ElectricSavant said:
I wrote this system using finance.yahoo.com delayed charts. My broker is Tradovate. Their commission is $1.12RT "all in". I trade about 20RT's per month (no holds into the next session). This is keeping it simple enough and allows me to work full time. I do not have any aspirations to quit working and will probably work until I die.

This system trades the Micro Nasdaq Futures (MNQ) using a daily loss limit of 7.5% (not local, but server based). I trade the Nasdaq as it seems to give the best bang for the buck.

This directional timing model uses a snapshot of three technical indicators at the open of the day-session (8:30cst) to develop the bias for the day (long or short). The three indicators calculate 24hr. data.

The system trades the Nasdaq Micro Futures (MNQ) daily with two pre-entered time released orders (8:30cst & 15:00cst). These times are the open and close of the Nasdaq Cash Index.
In the AM before work I take a look at the position of the three indies. There can be no trade unless the three indies agree strongly.

At the time of the writing I have a 75% winrate and I trade about half of the trading days possible. I make 20% per month with under a 1% Drawdown.
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Say what you want but but the ONLY intelligent way to play the market is to find a stock thats already been 3 or 4 times (or more!) higher than it is now, and is now at its yearly low.

Then buy in strongly and leave a little unspent cash in your account.

Kick me if Im wrong, but if Im laying on the floor, how can I fall down!!!

Works for me!!!
 
RB,

I like your style. It seems you found a good fit. Do you build awesome cars? Do you have some pics?

ES

Rodbuilder said:
Say what you want but but the ONLY intelligent way to play the market is to find a stock thats already been 3 or 4 times (or more!) higher than it is now, and is now at its yearly low.

Then buy in strongly and leave a little unspent cash in your account.

Kick me if Im wrong, but if Im laying on the floor, how can I fall down!!!

Works for me!!!
More...
 
ElectricSavant said:
here is a spreadsheet
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Remarkable!

The day trading margin for this micro is about $160, and you made more than 10 X return that is more than 1000% profits ($1779) within one month. Wonderful.
It looks like you enter when it shows a uptrend or short when downtrend at the beginning and hold it for most of the day: Great strategy.
 
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