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. Overnight

    Overnight

    I actually missed it up above where you said every $5000 increase you are adding 1 contract. Did you mean to type every $500?
     
    #441     Jul 12, 2023
  2. Mo06

    Mo06

    'I do want it to outperform the ndx. At least by 20-30% for the year. Otherwise, what's the point of trading, I can just invest in qqq or something.'

    Because the NDX does not go up forever.
    A 40% rally since Dec 31st is NOT a typical return. How many years has the Nasdaq been up 40% ?
    This algo seems to be immune to drawdowns on the Nasdaq.

    November 2022, the Nasdaq was 35% off its all time highs.
     
    #442     Jul 12, 2023
    NoahA likes this.
  3. hilmy83

    hilmy83

    #443     Jul 12, 2023
  4. Overnight

    Overnight

    Then I don't get how you can be at 4 micros with only $12K. If you started with 1 at 10K then you would still be at 1.

    Or did you start with 4 to begin with?
     
    #444     Jul 12, 2023
  5. hilmy83

    hilmy83

    The Excel is a model. My real account is at 22k.

    Pay attention people!
     
    #445     Jul 12, 2023
  6. hilmy83

    hilmy83

    Enjoy your time now NDX, with your +40% ytd....

    But one day you will slip, and when you do, I hope you break your damn neck!

    upload_2023-7-13_12-58-52.png
     
    #446     Jul 13, 2023
  7. hilmy83

    hilmy83

    #447     Jul 13, 2023
  8. Mo06

    Mo06

    'But one day you will slip, and when you do, I hope you break your damn neck!'

    Funny, I was thinking yesterday that this market felt a bit like summer 2011, when the SPX rallied to 1347 on July 21st, then dropped to 1101.54 in 13 trading days. or about 18%.

    About 810 points at current levels.

    Nasdaq lost 16.5 %. in 10 days, equivalent to about 2,500 points at current levels.

    Warning - past performance is no guarantee of future results.
     
    Last edited: Jul 14, 2023
    #448     Jul 14, 2023
  9. hilmy83

    hilmy83

  10. hilmy83

    hilmy83

    Feeeeel sooo goooood

    upload_2023-7-15_22-27-41.png
     
    #450     Jul 15, 2023