I took some time off from trading and now I am back with MES Scalper. This is a TOS strategy I have with my small account with NinjaTrader. The description has not been updated on the page, but here it is:
Scalping MES with no overnight risk.
MES Scalper is designed to take trades with short term momentum based on short term trends. All of the trades are intraday with no overnight risk. Current position size is 1-2 micro contracts. My intraday margin is $50 per micro contract. My daily loss limit is $200 and my maximum loss limit per trade is $50. These are set for worst case scenario rather than typical stop losses expected. Past performance does not guarantee future performance. The only track record you should consider is the one I am building here on C2.
https://collective2.com/details/152191129
Surprised to see a starting capital of only $947.
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Shouldn’t your stop loss system have stopped the 25% plus drawdown that occurred?
Please disregard prior message.. it was an error. I see you have a low DD.
From past personal experience, I found that when running VERY tight take profit and SL targets, which you appear to target a $2 move for TP and a little more for SL, the problem that can be run into for subscribers is that their fill prices will usually not match yours, usually to their detriment. The price movement between your trade and their trade several seconds later.
Last I knew (maybe it’s changed now), even if your strat is placing resting limit orders for exits in your account, C2 broadcasts only the executed trade as a market order to subscribers.
Just an FYI you’ve probably already thought of. Even if your TOS results are consistently positive, running that tight, a subscriber will be all over the board and whether or not they close in profit will be mostly luck, not the strat.
