NQ Fully Automated Trading System

Discussion in 'Index Futures' started by Rickshaw Man, Dec 1, 2021.

  1. Collagen

    Collagen

    just read this. Unless You use limit orders no way .
     
    #111     Dec 10, 2021
  2. easymon1

    easymon1

    Discord's easy. Support, well that's a dif story. Path of least resistance. Don' worry 'bout it.
    What inquiring minds wanna know is this...
    How much nuts and bolts work remains to be done before this system would be able to be implemented? eg. If the system was "golden" and you decided Tonight to implement it, how much work and how much time would you say is to be done before trades start rolling?
    bambi.jpg
     
    #112     Dec 10, 2021
  3. Millionaire

    Millionaire

    The suggestion is he goes live with 2 micro contracts instead of 2 minis.
    No one is suggesting he goes live with say 20 micro lots.
     
    #113     Dec 10, 2021
  4. easymon1

    easymon1

    If the testing budget permits (unlimited in best of all worlds), would there be any benefit to using micro vs mini for a 2-lot initial entry? This to be managed by position sizing module as time flows by.
     
    #114     Dec 10, 2021
  5. Millionaire

    Millionaire

    If he is unlucky and hits a 10K or 20K drawdown straight away trading 2 large mini contracts.
    That would be just a 1 or 2K drawdown with 2 lot micros.

    So best to start with micros and scale up to minis as profits grow. Which should be no issue with this system, even if it is half as good as claimed.
     
    #115     Dec 10, 2021
  6. easymon1

    easymon1

    How would slippage compare between the two contracts?
     
    #116     Dec 10, 2021
  7. Millionaire

    Millionaire

    There is hardly any slippage difference between them, 95% of the time. I never trade around big market moving news event so cant comment about those. But unless his system is always looking to trade market moving news events i cant see why slippage should be such a big issue as he claims.
     
    #117     Dec 10, 2021
  8. easymon1

    easymon1

    If so, then the startup budget is the determining factor moreso than the sloppage?
     
    #118     Dec 10, 2021
  9. Millionaire

    Millionaire

    It makes no sense to risk 30K of his starting capital (his stated max strategy drawdown on the first page of this thread), when he can risk just 3K with micros.

    Start by trading 2 micros, then after booking some profits trade 4 or 5 micros, then move up to 10 micros, then up to 2 minis.

    That scaling up process shouldn't take very long at all if the system is even half as good as it looks.
     
    #119     Dec 10, 2021
    cruisecontrol, fan27 and easymon1 like this.
  10. easymon1

    easymon1

    What are he waiting for?

     
    #120     Dec 10, 2021