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gwt

157 members • Free

5-Minute Futures

7.4k members • Paid

Trading Boss VIP

74 members • Free

14 contributions to 5-Minute Futures
FREE copy of Hormozi's new book ($100M Money Models)
I have 199 FREE QR codes to give away for Hormozi's new Money Models book, so if you need one comment below "Me" and I'll DM it to you. Prioritizing clients first, first come first serve for all members of 5-Min Futures! Happy Money Models Launch Day & Birthday Weekend to Alex Hormozi :) P.S. Free Money Models Audiobook here PSS. Free Money Models Course here 👉(must own a skool community 1st)
FREE copy of Hormozi's new book ($100M Money Models)
1 like • Aug 17
Me, please. I will check out its relevance to a CFO. Thanks very much.
NQ 60m Algo I Built Today
Been really trying to fine tune my Algo Building skills these last 2 weeks. Here is something I cooked up today, I think its pretty good. Would rate it about 90/100 (100 being perfect). Multiple pictures here over analysis, just scroll to the right to check it out! @Kevin Gong
NQ 60m Algo I Built Today
2 likes • Aug 16
Great work @Joey Wachter and excellent video @Kevin Gong to show us your analysis of the subject algo.
How to guarantee you'll lose money trading futures
1. Overtrade 2. Scalp timeframes 3. Use 10+ indicators 4. Expect 1000% gains a year 5. Overleverage or average down Bonus: Trust gurus over systems. Bonus: Add complexity instead of simplifying.
1 like • Aug 14
They are all important points to note, especially #4. Having realistic expectations are critical to your success. These expectations can be in many areas of trading ... gains, losses, drawdowns. My most recent drawdown was earlier this year ... -32% from peak to trough. At the time it was difficult, but it was easier than the first time I experienced a large drawdown because I was already expecting such a drawdown would come again one day. And I placed faith in the algo strategies to do their thing and turn around. As of today, I am at a new equity high for the portfolio.
Classroom - a wealth of information
There is a wealth of information and useful tools that can be found here if you're willing to look. I wish I had this resource available to me when I started out Futures trading on TradeStation. It would have saved me so much time (and grief) because I had to research and learn by trial & error. There is so much value here, and it is all in one place. If you are truly serious about developing your own skills for automated Futures trading, then I recommend you dig deep here and soak it all up.
Classroom - a wealth of information
How Does Algotrading Work? (FULL FAQ)
Tip: This is a living FAQ. Ask your questions in the comments to get it answered by me! Q: Do people get access to your algos on your main product… but it is up to them to back test them? A: Back testing is done for you on 30+ algos across 10+ years of data 15 Year Track Record Video Q: Is it only trade station? A: Yes it only works on Tradestation Q: Do your algos automate exits? A: Yes, the algos automatically enter and exit by themselves. The portfolio only has a 43% win rate but all algos have some sort of stop loss (For ex: $200 per trade) to prevent any single black swan event blowing your account. Q: Are they mostly short time frame algos A: Avg hold time is between 4 hours to 4 days. We mostly swing trade, as that is where the best edge is. Q: Do you recommend a VPN service for your product? A: Yes my clients get access to a custom ChartVPS image that comes with 75+ algos preinstalled on Tradestation Q: How much time is required to monitor positions A: Runs on autopilot with 1 hour a week of maintenance. Which breaks down to a 30 min reset on Sundays, and 5 mins a day M-F once you're trained up on the VPS and Tradestation (usually 4 weeks for beginners) Q: Is there a way to pay for those and I test them? A: You can actually test all 75+ algos on SIM risk free for 30 days. Just follow these steps in our classroom. P.S. For Concierge clients no time or effort required after the 1 step email onboarding. It requires a Tradestation account with $100k+ minimum, best results on $250k to $1M accounts. Q: How will the Concierge customer be able to access to view the VPS for seeing the charts in action? A: I'll likely host a 24/7 private livestream of the concierge algos Q: After you re-optimise a strategy already in the portfolio, do you then take that strategy back to Build Alpha for the same robustness testing that the strategy originally had to pass before it could go into the portfolio?
How Does Algotrading Work? (FULL FAQ)
2 likes • Aug 7
Thanks for the FAQ page. And thanks for posting the video to provide an overview of the historical returns.
1-10 of 14
Scott Hemmings
3
35points to level up
@scott-hemmings-8663
Trading Platform: TradeStation. Markets: US Futures.

Active 9h ago
Joined Nov 27, 2024
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