Future names

Surdo · Jul 17, 2006

"The CMEÂ® E-miniÂ® NASDAQ CompositeÂ® futures contract provides traders with a product that tracks the entire Nasdaq Stock Market, allowing traders to gain exposure to the value of the entire NASDAQ stock market with just one transaction. The NASDAQ Composite Index is a market capitalization-weighted index that includes more than 3,300 securities."

3,300 securities according to your link!

Stop smoking crack while you do research, and start with NQ, ES, or YM as Mark patiently suggested to you.

alesanti · Jul 17, 2006

Quote from Surdo:

"The CMEÂ® E-miniÂ® NASDAQ CompositeÂ® futures contract provides traders with a product that tracks the entire Nasdaq Stock Market, allowing traders to gain exposure to the value of the entire NASDAQ stock market with just one transaction. The NASDAQ Composite Index is a market capitalization-weighted index that includes more than 3,300 securities."

3,300 securities according to your link!

Stop smoking crack while you do research, and start with NQ, ES, or YM as Mark patiently suggested to you.

Ok, it's a pity, because my system did 226 points of the NASDAQ index without any leverage in just 3.5 months.
These were the trades:

http://200.110.130.2/cgi-bin/tradingpro/trades-history.cgi?index=nasdaq

Only today it made 25 points in a choppy market context, that only gained 6.5 points. My problme is that no other index compares in profit like this. Maybe I can trade the NQ following what the system expects for the NASDAQ. It should work depending upon the NASDAQ and NASDAQ100 correlation.

dan05 · Jul 17, 2006

It seems we are on the same page here.
I believe I've been following the same system you follow.

I have a Journal with all the trades published every day. Today I made a Killing. The system made almost 1,000 u$s per contract. I made 800 u$s as I override one of the systems stop loss rule.,

Do you know what is the Sharpe of the system? Does it worth computing it?

alesanti · Jul 17, 2006

My system is based on Chaos Theory. What about yours?

NCYankee · Jul 18, 2006

Nas comp is a dead contract - not even listed under time+sales on the CME site.

alesanti · Jul 18, 2006

Quote from NCYankee:

Nas comp is a dead contract - not even listed under time+sales on the CME site.

Thank you. My problem is that the predictions on Nasdaq100 has been much poorer than the predictions on the NASDAQ index.

Do you think that the Nasdaq 100 is tradeable knowing in advance the behavior of the nasdaq index?

NCYankee · Jul 18, 2006

I can't really provide any input there - they generally move just about the same percentage with an occasional divergence. I have read speculation that the futures market might induce some noise into the indices themselves, vs a pure cash market - sort of a tail wagging the dog scenario.

NihabaAshi · Jul 18, 2006

Quote from alesanti:

...Do you think that the Nasdaq 100 is tradeable knowing in advance the behavior of the nasdaq index?

Yes and good luck today...market just opened.

Mark

alesanti · Jul 18, 2006

Let's see. For the nasdaq the system tells this plan:

07/18/2006 Short 19.81 10:15 11:25
07/18/2006 Long 5.5 11:25 12:25
07/18/2006 Short 14.33 13:05 13:55
07/18/2006 Long 14 13:55 14:40
07/18/2006 Short 9.5 14:40 15:55

Time is ET.

alesanti · Jul 18, 2006

Quote from alesanti:

Let's see. For the nasdaq the system tells this plan:

07/18/2006 Short 19.81 10:15 11:25
07/18/2006 Long 5.5 11:25 12:25
07/18/2006 Short 14.33 13:05 13:55
07/18/2006 Long 14 13:55 14:40
07/18/2006 Short 9.5 14:40 15:55

Time is ET.

I've lost the entry on the first trade!
The dummy system entered at 2041.17 and now the Nasdaq is at 2026!, I've lost the opportunity of winning 15.7 points of Nasdaq.