Today if you use old method +10 and +30 with 2 cars you would make $$
To many profits were lost.
Vit
I have sendt a email to everyone regarding that issue, we have a solution for that and will be a new update at the end of this week. It will make sure that even on those little bursts up we will gather some profits and still get the big movers.
Ninja trader will also have these new changes and will be released end of this week.
Here is a copy of the email sendt to everyone btw:
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Hi everyone, after some thinking and some more thinking, we have decided that lunchtime trading is not worth the risk. We might get some decent moves in lunchtime, but those happen very rarely, why expose yourself to the risk to begin with.
So we will add a function that will make it stop trading at 11:20 and then start taking trades again from 13:30. This way the chop areas will be avoided and we will not get killed if it’s really bad.
We will make it so that that is something that can be changed buy the user, but we recommend keeping it at that. And since there are some markets that have different opening hours we will make it so that the opening and closing hours for the program will also be changeable.
We will also add a function that will scale out half the contract size, so if you are using 2 cars it will move the stop to +1 when you are +10 in favor. When you are +20 in favor it will
sell 1 car at +20 at marked, and then trail the remaining cars. It makes sense to sell 1 at +20 , since we are risking +20 pr contacts.
This is in my opinion a better way, cause how many times have we not seen it go down 20 and then come right back up and do a breakeven .
This way we will at least have +20 and still have a trailer just in case it’s a runner
Until all this done, hopefully this week. I am asking everyone to either put the program on SIM if you are doing this live.
I don’t want anyone to get hurt, since we still have some really low volume, and today was really choppy. And most of the stop outs I got was in lunctime.
We hope to have these things done by the end of this week, and the Ninja trader will also be released end of this week as well.
Regards
Bashir Naimy
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Regards
Bashir N