With mini NQ margins at $17,000-overnight at $18,700...I believe IB is at $20k larger account size is needed. My threshold is a minimum of $50k for each mini NQ contract. The exchanges have gone from $4000 margin for mini NQ up to $17,000 in a few years. A lot of traders have been priced out of these markets. I suspect in time these micro contracts will be where the mini contracts were 3 years ago. Like housing, automobiles, and everything else, folks are being priced out due to the reckless monetary policy of the FOMC.
If you like my NQ bot, you may also like my YM bots, last 4 weeks; same thinking and logistics as NQ:
Hello mason macgregorson, Thank you for sharing sir. Very good work on your strategy. This is very motivating for me as I am working on an day trading algo for NQ as well. I am working on my algo for NQ day trading as well. I can get a good in-sample back test. But it is fun trying and retrying to make it work.
Thank you for sharing mason macgregorson, $63K in 4 weeks is good money. I like most about your algo is that is trade long and short. Thank you and great work on your algo.
They actually have been reducing (their purchases) on the down low. Momo indicator on bottom of chart peaked last August and as % swing labels on top show, weekly up moves have gone from +2% down to very nearly down to +0.5%. Soon enough they likely will be flat then negative. And which is why I believe markets also peaked this past January and only lower lows rest of the year likely.