YM Magic!

Discussion in 'Journals' started by TheTrue1, Mar 7, 2017.

  1. Pekelo

    Pekelo

    Good catch, let's give it another week, before it goes fully below zero... Although since it trades a lot per day, without Autotrader I assume it is very hard to keep up with it...

    You are one of those brave souls who subscribed in the last few days??? I admire you!!! You know, you could just follow Volente here for free, if you want to short martingale into a rally....
     
    #701     Jun 5, 2017
  2. JITF

    JITF

    I just took free trial to check out what is going on since May 19 (his last trade). Open trades are hidden for non-subs. :)
     
    #702     Jun 5, 2017
  3. Pekelo

    Pekelo

    Can you see the breakdown of the trades? I am curious about the 75 contracts trade. Was that scaling in and out or did he actually hold 75 contracts all at once? Also, when he is Galing the Martin fully, how many contracts is he using per addition?
     
    #703     Jun 5, 2017
  4. JITF

    JITF

    He usually doesn't hold more than 20-24 contracts. But actively manage position waiting for favorable price move. He adds 2 contracts per step to help subs scale the system 50% for smaller accounts. :)
    This guy is really attentive to his subs. :)
     
    #704     Jun 5, 2017
  5. TheTrue1

    TheTrue1

    Week 1
    Screenshot_2017-06-10-07-07-14.png
     
    #705     Jun 10, 2017
  6. vanzandt

    vanzandt

    TT1
    .....welcome back.
    I knew you wouldn't quit.
    Thats what its all about.
     
    #706     Jun 10, 2017
  7. Millionaire

    Millionaire

    Its all about having a good edge. Does the OP have a good edge?

    Or will the OP continue to try and ride several (10 or more) intra day moves in the YM with a stop loss.

    I think he might have a small edge with this method, but not enough to beat transaction costs.
     
    #707     Jun 10, 2017
    vanzandt likes this.
  8. Pekelo

    Pekelo

    The system went +13% and -14% on a day with huge swings. It is also a refill, not even 2 weeks old...
     
    #708     Jun 11, 2017
  9. vanzandt

    vanzandt

    I did a search on c2 for ym magic1 and could not find the page.
    Link?
     
    #709     Jun 12, 2017
  10. Pekelo

    Pekelo

    There is a link in this thread but clicking on it says the System is still private...
     
    #710     Jun 12, 2017