Nice week ! I feel like using options gets quite expensive (bid-ask spread) and your expectancy would really need to be quite high to justify paying the spread on intraday moves.
Last week: Swing trades: -$1,481 Day trades; -$3,314 AAPL options: +$1,191 SBUX options: -$78 Last week was pretty lackluster.
Suggestion to consider adding some strategies on assets uncorrelated with stocks, to decrease drawdown when all markets selling off with high correlation.
I've got a reason to worry about correlation for something I'm working on, so the question is why not just avoid getting into highly correlated positions?
Haven't been on elitetrader in a while - glad to see you still alive frosty !!!! I read the first 3 pages - so if this has been asked already i'll try to find it - I guess my main question is - are the results correlated across underlyings? Also - looking at the P&L - I'm guessing you're putting on a different size for the individual equity trades or are they as big as the futures (notional value)?
Unfortunately, not sure the thread is providing any value for myself or anyone else... so lost interest. If anyone is interested in how the bot is still doing, here is a monthly breakdown including April Futures Swing Live Results: 2022-04-01 $-42,330 2022-03-01 $94,070.00 2022-02-01 $46,064.75 2022-01-01 $-26,675.25 2021-12-01 $17,146.50 2021-11-01 $7,451.00 Futures Daytrade Live Results: 2022-04-01 $40,470.50 2022-03-01 $20,436.50 2022-02-01 $18,462.50 Similar to January when the market had a big pullback (lacks followthrough - gets "trappy"), the swing trading system had a fairly large losing month. However, the daytrading system made up for most of the losses. Getting really close to having those systems balance each other out nicely.
Keep posting! It's always great to share... Is a losing month in "Futures Daytrade Live" common in backtest?