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Futures Trading Success.... NO MARTINGALE


#1

please look at my strategy. I am very committed to NO MARTINGALE as I have seen with other strategies. I trade
NQ, ES, YM , etc…

Please consider subscribing or just simulate…

Many Thankx

https://collective2.com/details/119255891


#2

2 Questions

Why no TOS?

What happened with the NQ trade from 8/2 to 8/15 that had a 11% drawdown? Looks like you let it go 50+ points against you.

Your description says “Losing trades will be cut”


#3

that trade ended up a loss of less than one point.

also, on the C2 system Drawdown is defined as a move down (for a long) from a high point. I think that is not a way to look at things. I prefer to consider if there is a loss from cost basis (entry point)

Let me clarify… I will have losing trades. But they will be cut, I will not be added additional contracts to a losing position. There are numerous Futures strategies here on C2 that do that very thing.


#4

Entry was 7374.75, my chart shows low of the day (8/15) around 7320 so to me that shows you were 50+ points down from your initial entry, not from the high point of the trade. 50 NQ points is $1000, you started with an account size of $10k so that 11% draw-down seems about right.

My point is you say that losing trades will be cut but you let this one go against you pretty big - yes it luckily ended back near break-even in this case but I think its a little disingenuous to say that you will cut losing trades.

Description also says “Stops will be issued on every trade.” What was the stop on this trade?


#5

The stop on that trade was 76 points, it is not a fixed number and it varies with every trade. That was a multi day swing trade and on those my stops are larger.

as example: the day trades I did today… 3 winners by the way… all had stops of 20-25 points…

hope this helps