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Trading challenge with hard risk management


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Trading challenge with hard risk management

  #1 (permalink)
tradeforall
Lviv, Ukraine
 
Posts: 18 since Mar 2016
Thanks Given: 1
Thanks Received: 3

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!

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  #3 (permalink)
 iantg 
charlotte nc
 
Experience: Advanced
Platform: My Own System
Broker: Optimus
Trading: Emini (ES, YM, NQ, ect.)
Posts: 408 since Jan 2015
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Thanks Received: 1,148


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

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  #4 (permalink)
tradeforall
Lviv, Ukraine
 
Posts: 18 since Mar 2016
Thanks Given: 1
Thanks Received: 3


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)
tradeforall
Lviv, Ukraine
 
Posts: 18 since Mar 2016
Thanks Given: 1
Thanks Received: 3



Trades are the next ones


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)
tradeforall
Lviv, Ukraine
 
Posts: 18 since Mar 2016
Thanks Given: 1
Thanks Received: 3

Today


Overall


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  #7 (permalink)
tradeforall
Lviv, Ukraine
 
Posts: 18 since Mar 2016
Thanks Given: 1
Thanks Received: 3

Today



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  #8 (permalink)
tradeforall
Lviv, Ukraine
 
Posts: 18 since Mar 2016
Thanks Given: 1
Thanks Received: 3

Today


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  #9 (permalink)
tradeforall
Lviv, Ukraine
 
Posts: 18 since Mar 2016
Thanks Given: 1
Thanks Received: 3

Today


Total


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  #10 (permalink)
tradeforall
Lviv, Ukraine
 
Posts: 18 since Mar 2016
Thanks Given: 1
Thanks Received: 3


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



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Last Updated on April 9, 2016


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