Anyone interested to test a trading strategy on my live account?

[keroppi]

Curious. As a day trader of ES exclusively, I'm curious what reasons you have for focusing on ES as opposed to every other index futures in the world.

For me, there are two reasons. Time zone (I can trade it after work here in Norway) and experience with this contract.

If I was starting out fresh I would probably have considered other contracts.

Good luck.

I am very familiar with ES and I have learnt from others who trade ES

You can't just automate the strategy,/?

Unfortunately, it cannot be automated. I can explain the strategy further to anyone who is interested in knowing more

 

[rb7]

Unfortunately, it cannot be automated. I can explain the strategy further to anyone who is interested in knowing more

Unless you're guessing and/or don't really know what you are doing and/or you trade on feelings, anything can be automated.

 

[rb7]

I have quite an unusual proposal for anyone who might be interested in futures trading here.

I came across an order flow based trading strategy and it shows promise from my backtesting over the past 3 months or so.

3 months of backtesting is WAY to short.
Your system might be profitable, but it's not 3 months of backtesting that will prove it is.
Do at least 2-3 years of backtesting and come back here with the same proposition.

You'll also need to do testing with data that was not part of the backtesting/optimization phase to validate if your results is not due to curve fitting.

 

[hilmy83]

Unfortunately, it cannot be automated. I can explain the strategy further to anyone who is interested in knowing more

And you want someone to trade this "strategy" for you. Does that even make sense to you?

Why don't you just lay out the strategy here and we can tell you what's wrong with it.

 

[Laissez Faire]

I am very familiar with ES and I have learnt from others who trade ES

Not a compelling argument enough for you to let someone else (a stranger) trade your account/strategy.

I would suggest finding another market. Plenty to choose from and I'm sure easier to trade than ES as well.

 

[tony.m]

Plenty to choose from and I'm sure easier to trade than ES as well.

His time zone only allows him to trade Asian markets.

 

[schizo]

I have quite an unusual proposal for anyone who might be interested in futures trading here.

I came across an order flow based trading strategy and it shows promise from my backtesting over the past 3 months or so.

I was wondering if anyone here would be interested in testing it on my live account. In exchange I can pay you a small amount for it and if it all works out we could become rich together *fingers crossed*. I have some lofty goals but I have no idea if it will work out.

The only risk to you is the time involved. I would need you to be able to be on a computer during market hours (9.30am Eastern Time to 4pm Eastern Time) and take anywhere between 0 to 3 trades per day on my behalf depending how many signals are generated. The total time involved may be on average 30 minutes a day as there is nothing to do for most of the day until you receive a signal. Please note that most entry signals are limit orders that you set a few minutes in advance while exits may be market orders.

I accept that the strategy may not work and I may lose all the funds in my account, however I have some risk settings in place to attempt to mitigate this. I also accept that you will make mistakes from time to time and that is totally fine. I accept there is a risk that you may steal my funds, although I want to chat and get to know you first before we actually go ahead.

I think this would appeal to someone with some interest in futures trading and has a bit of spare time. You don't need any experience trading futures but it would be beneficial if you have some understanding about futures. The bonus is that you can easily replicate the strategy if it works out.

In terms of the strategy itself, it trades on primarily on ES and there are occasional trades on NQ. I have backtesting data and set risk parameters which I will share with you. By no means am I claiming it is the holy grail, but I am quite excited from the results.

The reason I am reaching out here is because I live in Melbourne, Australia and trading hours here run from 1.30am to 8am local time. Sometimes I stay up for the first hour but it is not practical for me to be up all night.

If you're interested feel free to send me a message here and we can have a chat about it first to make sure we are both comfortable first!

Thanks

Why make your life miserable? I can already see so many things that could go wrong with this approach.

Has it ever occurred to you that life would be simpler if you just hire a programmer to code the strategy for you?

BTW just how much are you willing to pay me if I were to trade for you?

 

[tony.m]

BTW just how much are you willing to pay me if I were to trade for you?

1 Adani share per trading session.

 

[keroppi]

I trade 9:30 to at least 3:50 (most days till 4:00 and even after), but I am not too keen on logging into someone else's account and I have multitude of other responsibilities so don't think I am interested either. However, curious like others said to see how it goes.

I will say regarding the stealing of funds you mentioned - My brokerage will only send funds to the bank account that sent funds into it and in addition the title name of the account must match the bank account the funds are being transferred to. So if your broker has that, which I think a lot of them do for security reasons, no one can really directly steal your funds. They could just put on erroneous trades though to be a jerk and screw you. With that said I would certainly check someones post history to rule out trolls and also obviously like you said have a voice conversation. Anyone who is half way serious about something is willing to hop on voice, if they have even a second of hesitation regarding getting on voice, than obviously avoid them 100%.

Hope you find someone, but I've found it difficult myself to find people that are actually available 9:30 to 4:00 and are serious about trading.

Thanks for your suggestions. I appreciate it

Would you have any advice for finding someone given you mentioned it is difficult finding people who are available and serious about trading?

Why make your life miserable? I can already see so many things that could go wrong with this approach.

Has it ever occurred to you that life would be simpler if you just hire a programmer to code the strategy for you?

BTW just how much are you willing to pay me if I were to trade for you?

I can discuss payment with you over private message if you are interested to consider trading on my behalf. Free free to send me a message if you like

 

[Concinnity]

Thanks for your suggestions. I appreciate it

Would you have any advice for finding someone given you mentioned it is difficult finding people who are available and serious about trading?

You just have to do what you're doing, go to sites like here, reddit, try discord rooms and etc. I've traded with over 100 different traders either in person (met them or went to there they live and/or traded over voice / screen share). Most people aren't serious enough about trading, believe trading is 100% solo only thing or think they are the only ones that can be profitable in the market because they have super high IQ. It's mostly the dumbest shit ever really. But on the other hand I have learned a lot and did find some good connections, so would say it's definitely worth it. Would of never gotten to where I was alone, without the assistance of some of them. Not that I am big time yet, but definitely being consistent and starting to actually make some money.