Index futures automation

Discussion in 'Journals' started by hilmy83, Jul 3, 2022.

Can a fully automated trading strategy work in the long run?

  1. YES!

    56 vote(s)
    66.7%
  2. Hell naw.

    15 vote(s)
    17.9%
  3. I don't know, I got my own trading to worry about.

    13 vote(s)
    15.5%
  1. hilmy83

    hilmy83

    PA juked me today.

    Cumulative $8553

    upload_2024-7-22_7-28-42.png
     
    #1051     Jul 22, 2024
  2. hilmy83

    hilmy83

    #1052     Jul 23, 2024
  3. hilmy83

    hilmy83

    Is it really possible to just net +
    Cumulative $10,699

    upload_2024-7-24_3-5-16.png
     
    #1053     Jul 24, 2024
  4. NoahA

    NoahA

    So what are you doing different now that every day you're able to make $1k in minutes???

    Edit.... and I just noticed that first you went long, and lost, but then went short when you exited the long and made it all back with a doubled up position?
     
    Last edited: Jul 24, 2024
    #1054     Jul 24, 2024
  5. hilmy83

    hilmy83

    That was just a normal reverse with same position.

    upload_2024-7-24_9-16-28.png

    But if I feel like the range is tight, I might double up. Just depends on how the market is.
     
    #1055     Jul 24, 2024
    NoahA likes this.
  6. hilmy83

    hilmy83

    Do you think it's possible to make money every day as a day trader? why or why not?
     
    #1056     Jul 24, 2024
  7. NoahA

    NoahA

    It's a tough question. Obviously the opportunity is there, and you're just taking small little slices, so that makes it even more likely, unlike someone who maybe needs 30 ES points everday.

    What's also good is that you have no trouble going long and short. Many guys, like during the dotcom bubble, were conditioned to only go long every morning, and sell before close. So then they gave it all back.

    But I do think that people tend to have luck in waves. For a few months things are going well, but then the market changes, and its difficult to adapt, especially because you don't really know what the change might be until you can look back in hindsight. Like now for example, should people be buying dips or selling rips? This is the strategy in the ES thread mostly right now. Once it drops low enough, everyone is betting on a bounce, and for months now, this has delivered nicely.

    But I can see that you aren't in trades too long, and you have no problem with reversing your direction, so I'm thinking your system is a bit more agnostic to market sentiment, and I think that is really good.
     
    #1057     Jul 24, 2024
  8. hilmy83

    hilmy83

    The devil war criminal is speaking at congress. How the hell this country let any foreign official speak there is beyond me, let alone a war criminal.
    Man fuck every last one of them.
     
    #1058     Jul 24, 2024
    NoahA and ondafringe like this.
  9. tiddlywinks

    tiddlywinks

    Actually, it is very attuned to market sentiment, just on a small scale.
     
    #1059     Jul 24, 2024
  10. hilmy83

    hilmy83

    Cumulative $11,918

    upload_2024-7-25_2-18-12.png
     
    #1060     Jul 25, 2024