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Trading challenge with hard risk management
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Trading challenge with hard risk management

  #1 (permalink)
Trading Apprentice
Lviv, Ukraine
 
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: NinjaTrader Brokerage
Favorite Futures: ES, NQ, GC, SI, 6E, 6B, 6A, 6J
 
Posts: 17 since Mar 2016
Thanks: 1 given, 3 received

Trading challenge with hard risk management

Market - CME
Instruments - most liquid futures on indexes (ES, NQ), gold (GC), currencies (6E, 6B, 6A, 6J)
Max account loss $40k ($20к + $10к + $10к, by day, max allowed, sequentially)
Profit target $80к.
Intraday only.
No any positions during important news releases.
Traling drawdown $30к to achievement $40к profit ("breakeven"), after that - all risks is only from profit!
Minimum contracts traded is 5, maximum contracts traded is 15 to achievement "breakeven" (20 if low tick cost), after that - 15+ via pyramiding on trend following and in accordance with max day loss.

Maximum challenge duration is 2 calendar months.

Let's Go!


Last edited by tradeforall; March 6th, 2016 at 03:21 PM.
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  #2 (permalink)
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  #3 (permalink)
Trading for Fun
charlotte nc
 
Futures Experience: Master
Platform: ninjatrader
Broker/Data: NinjaTrader
Favorite Futures: Emini (ES, YM, NQ, ect.)
 
Posts: 69 since Jan 2015
Thanks: 4 given, 149 received

Challenge Accepted


I'll Take the challenge.
What are you looking for in terms of verification though? I can share my output files from NinjaTrader from market replay results:

Would something like this satisfy the requirements or would you like to see more details?

Let me know and I will be glad to play:

Ian

Attached Thumbnails
Trading challenge with hard risk management-ninjatrader-daily-net-profit-report-3_31_2014-2_2_2016.jpg   Trading challenge with hard risk management-ninjatrader-draw-down-report-3_31_2014-2_2_2016.jpg  
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  #4 (permalink)
Trading Apprentice
Lviv, Ukraine
 
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: NinjaTrader Brokerage
Favorite Futures: ES, NQ, GC, SI, 6E, 6B, 6A, 6J
 
Posts: 17 since Mar 2016
Thanks: 1 given, 3 received


iantg View Post
I'll Take the challenge.
What are you looking for in terms of verification though? I can share my output files from NinjaTrader from market replay results:

Would something like this satisfy the requirements or would you like to see more details?

Let me know and I will be glad to play:

Ian

I planned challenge for my own expirence, but it will be great if you can take part.
What do you mean with "share my output files from NinjaTrader from market replay results"?
I planned to post results once a week or two weeks.

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  #5 (permalink)
Trading Apprentice
Lviv, Ukraine
 
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: NinjaTrader Brokerage
Favorite Futures: ES, NQ, GC, SI, 6E, 6B, 6A, 6J
 
Posts: 17 since Mar 2016
Thanks: 1 given, 3 received

Intermediate results on 2016/03/19

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Trades are the next ones
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It was 3 active trading days out of 10.
And I didn't trade at days with high volatility.
After the first 2 trading days I had involed into trading >5k of a profit. So I could add 5 contracts to max number of 20 contracts. The added risk was only from the profit.
A start max intraday margin is 20k (1k per contract howewer many of a brokers allow 0.5k). A max risk is 40k. So, I need for trading total 60k.
The main goal is not to force myself to trade EVERY day.

With best regards,

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  #6 (permalink)
Trading Apprentice
Lviv, Ukraine
 
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: NinjaTrader Brokerage
Favorite Futures: ES, NQ, GC, SI, 6E, 6B, 6A, 6J
 
Posts: 17 since Mar 2016
Thanks: 1 given, 3 received

2013/03/21

Today
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Overall
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  #7 (permalink)
Trading Apprentice
Lviv, Ukraine
 
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: NinjaTrader Brokerage
Favorite Futures: ES, NQ, GC, SI, 6E, 6B, 6A, 6J
 
Posts: 17 since Mar 2016
Thanks: 1 given, 3 received

2016/03/22

Today
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Total
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  #8 (permalink)
Trading Apprentice
Lviv, Ukraine
 
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: NinjaTrader Brokerage
Favorite Futures: ES, NQ, GC, SI, 6E, 6B, 6A, 6J
 
Posts: 17 since Mar 2016
Thanks: 1 given, 3 received

2013/03/23 The hard day

Today
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Total
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  #9 (permalink)
Trading Apprentice
Lviv, Ukraine
 
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: NinjaTrader Brokerage
Favorite Futures: ES, NQ, GC, SI, 6E, 6B, 6A, 6J
 
Posts: 17 since Mar 2016
Thanks: 1 given, 3 received

2016/03/24

Today
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Total
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  #10 (permalink)
Trading Apprentice
Lviv, Ukraine
 
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: NinjaTrader Brokerage
Favorite Futures: ES, NQ, GC, SI, 6E, 6B, 6A, 6J
 
Posts: 17 since Mar 2016
Thanks: 1 given, 3 received

2016/03/28


It's a hard day from -6k to +3k =)
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