Index futures automation

[hilmy83]

No trading tomorrow. I don't understand why AMP feels the need to raise margins for FOMCs. THe moves don't seem that significant..

 

[rb7]

No trading tomorrow. I don't understand why AMP feels the need to raise margins for FOMCs. THe moves don't seem that significant..

What's the new margin they will use?
And because they will raise their margins, you will not trade?
How about trading less contracts instead?

 

[hilmy83]

What's the new margin they will use?
And because they will raise their margins, you will not trade?
How about trading less contracts instead?

They'll use 25% maintenance margin

https://www.ampfutures.com/trading-info/margins

I could use smaller contracts, but my default is scaled far enough already that smaller positions is not worth it.

This is the only news event that AMP extends maintenance margin pretty much the whole day till 1p cst

 

[rb7]

They'll use 25% maintenance margin

https://www.ampfutures.com/trading-info/margins

I could use smaller contracts, but my default is scaled far enough already that smaller positions is not worth it.

This is the only news event that AMP extends maintenance margin pretty much the whole day till 1p cst

I don't know how your money and risk management works, but 395$/contract while you current trading balance is 36k$ seems reasonable (at least to me!).

 

[hilmy83]

I don't know how your money and risk management works, but 395$/contract while you current trading balance is 36k$ seems reasonable (at least to me!).

Taking into account multiple reverses and increasing position after certain number of reverses. The realized losses piling up will affect my available margin as I"m trying to recover losses with reverses.

It's a sick dance between making money everyday, recovering potential losses, and not lose my ass WHEN (not if) I have to eventually take the realized loss for the day.

 

[hilmy83]

WHat I'm doing risk wise is something not a sane large trader/firm would be able to do. It'd cost too much in slippage. Even if they try using iceberg orders to minimize price slips, they would run the risk of losing the opportunity to recover at the right time.

WHat i'm doing is under the radar of the big boys, and just out of reach of retail traders due to the short term trading I'm doing.

My competition is very narrow I think...

 

[tiddlywinks]

I don't know how your money and risk management works, but 395$/contract while you current trading balance is 36k$ seems reasonable (at least to me!).

I agree.

I could use smaller contracts, but my default is scaled far enough already that smaller positions is not worth it.

What will you do if/when day-trade margins increase officially? Quit trading??

And I know you know that day-trade margins are nothing but a broker/fcm account "feature" that COULD disappear completely. If a temporary, and quite reasonable day-trade margin increase, with advanced notice to boot, creates an all or none environment for the trading methodology, then the methodology is flawed.
Just saying.

 

[hilmy83]

I agree.



What will you do if/when day-trade margins increase officially? Quit trading??

And I know you know that day-trade margins are nothing but a broker/fcm account "feature" that COULD disappear completely. If a temporary, and quite reasonable day-trade margin increase, with advanced notice to boot, creates an all or none environment for the trading methodology, then the methodology is flawed.
Just saying.

If they raise the margins permanently, I'll just have to adjust the size settings to much smaller contract.

I'll worry about that later if we cross that bridge.

 

[hilmy83]

View attachment 326444

View attachment 326445

 

[hilmy83]

Monthly performance:

Sep: +$1568.5

Took out the $2458 outlier profit due to QT algo malfunctioning on 9/11.

If I was single and living in a studio...I could live off this


View attachment 324111

Monthly performance

Oct: +$2552.50