Fidelity ATP Pro on a FAST computer for trading options?

Discussion in 'Trading' started by Scataphagos, Jan 8, 2025.

  1. mervyn

    mervyn

    if you have other full time job, day trade futures is not for you.

    as of yesterday, i had 25k zn and zt drawdowns nearly 25k alone.
     
    Last edited: Jan 11, 2025
    #21     Jan 11, 2025
  2. MarkBrown

    MarkBrown

    cause you don't know what you're doing - no one can do it. such mentality
     
    #22     Jan 11, 2025
  3. MarkBrown

    MarkBrown

    ai interpretation and formatting only, of my original draft at bottom of page.

    This trading strategy leverages a scaling method where you increase your trading position size based on the profit you accumulate. Here's a breakdown of how you might manage this strategy:

    1. Initial Capital: Start with $12,500 from your $25,000 fund. Reserve the other $12,500 as backup to restart the strategy if necessary.

    2. Start Trading: Begin with a single contract. Trade this contract until you accumulate $1,000 in profits.

    3. Scaling Up: Once the initial $1,000 profit target is met, add a second contract to your trading. Now trade with two contracts until you accumulate an additional $2,000 in profits.

    4. Further Scaling: After achieving the $2,000 profit with two contracts, add a third contract. Continue this pattern, aiming to make an additional $3,000 with three contracts.

    5. Profit Target per Contract: Aim for a daily profit of $50 per contract. This target will guide your trading decisions and help manage risk.

    6. Scaling Blocks: As profits accumulate and confidence in the strategy grows, aim to scale up in blocks of 5, 10, 20, 50, and eventually up to 100 contracts.

    7. Yearly Goal: The ultimate objective is to reach a point where trading 100 contracts consistently can yield over $1 million per year, based on the $50 daily profit target per contract.
    Key Considerations:
    • Risk Management: Ensure strict risk management and stop-loss strategies are in place to protect your capital. It’s crucial, especially as you scale up the number of contracts.
    • Capital Allocation: Be cautious with capital allocation. Ensure that each scale-up is backed by sufficient profit to avoid drawing down the initial capital excessively.
    • Profit Reinvestment: Systematically reinvest profits to fund additional contracts. This compounding effect is central to the strategy’s success.
    • Monitoring and Adjustments: Regularly review the performance and make necessary adjustments based on market conditions and actual performance versus expectations.
    This strategy involves compounding gains to gradually increase market exposure while maintaining risk controls. It’s essential to maintain discipline and adapt based on trading performance and market conditions.


    my original draft below


    25k put aside 12.5k to start this process over if necessary, trade 12.5k starting with 1 contract until you make 1k in profits, then add 2nd contract until you make an additional 2k in profits, then add 3rd contract and trade until you make an additional 3k in profits on and on. target $50 a day profit per contract traded, work up to blocks of 5, 10, 20, 50 and goal is 100.

    this method is very obtainable it's over 1mm a year.
     
    #23     Jan 11, 2025
    deltaf0rce likes this.
  4. mervyn

    mervyn

    sure, not for the faint hearted
     
    #24     Jan 11, 2025
  5. deltaf0rce

    deltaf0rce

    Hard to argue with, thanks
     
    #25     Jan 11, 2025
    MarkBrown likes this.
  6. MarkBrown

    MarkBrown

    the $50 threshold is moderately obtainable, $200 + is really optimal for a healthy infrastructure. like exchange membership, exchange colo, commercial fiber, custom programming, other overhead and tax consultant.
     
    #26     Jan 11, 2025
  7. mervyn

    mervyn

    you didn’t tell him the stop loss part
     
    #27     Jan 12, 2025