Sniper strategies update

C2
1

Hello,

I joined C2 in mid of Feb and just completed 9 full months of trading my strategies here. I have reduced the prices since I have not been active enough to justify them before September.

I have 3 strategies:

MNQ and NQ only differ in risk/reward, they both take the same trades. The risk/reward between the two is 5x.

MNQSniper : The strat needs around 3.5k per MNQ contract and currently trades a fixed 2 MNQ per trade. Average trades per day can be 0-3. It cost $99 per month.

NQSniper : The strat needs around 35k per NQ contract and currently trades a fixed 1 NQ per trade. You can start with 30k but I like to keep some buffer for consecutive rainy days. Average trades per day can be 0-3. It cost $299 per month.

Current:

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March:

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Please let me know if you have any questions.

3

Nov-Dec Update

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NQ and MNQ Strategies have been flat. I mistakenly traded during the news, which took away early November profits. The goal is not to take any manual trade and stick to the rules.

After initial moves, the market has been sideways recently, and it’s been hard to trade. I have developed another strategy that seems more consistent in backtests. I will be running a live test in my account for December. We will switch to the new strategy if the live testing matches the backtests.

The new strategy can trade RTH and OVN sessions, giving us an edge. It is conservative but more consistent, so there might be days without a trade or several in a day if the parameters align. I have attached a backtest result for November. ( I can backtest until September for RTH but only until Nov for OVN, so I kept November for both. (Tradingview limitation)). Fingers crossed.

FutureStrat
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The current Stock Sniper strategy has been doing well. I am also testing the new strategy with TQQQ; if it matches the backtest, we will switch it.

Stock sniper backtests from 26th Sep to 8th Dec

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1 Like
4

This may be a typo, did you mean you are now testing it with SQQQ for the short trades?

Thanks for the update!

5

No, this is still TQQQ long short. SQQQ will still work as inverse if this works well in live testing.

6

You are already using TQQQ for both long and short trades. So what are you now testing with TQQQ?

I thought you were testing using SQQQ vs. shorting TQQQ, for those who can’t short in IRAs. Obviously you would keep TQQQ for the longs,

8

It’s a different strategy that seems to be more consistent in backtesting.

9

Well, then I will wait to see that one, good luck!