10/12/21: Day Two Results

As I said in prior posts I have been really working to rethink my trading style, tons of old habits to try to break, but in general larger risk with much larger reward. Last week I did do some trading on some Algo settings, adjusting and playing with mixed results. This week after the experience from last week as well as some testing last weekend I have moved forward with the new system.

The week so far has been better than planned, the results from yesterday and today were:

As a part of a overall plan until I build up my small account the intent is to push to consistently net $1000 per week, from there I will scale in. But with this today I turned the Algo off, which in hindsight I would have netted another $100-$200 for today. For me working to the larger plan $240 today was enough to stay on track for $1000 for the week.

The overall plan is to scale this Algo (add contracts) based on some conservative values. The very rough plan is as follows:

I say this is conservative because based on testing the algo settings I am using should net $1500 to 1700 per week, I am also scaling in slowly. Even this being the case by the end of 2021 I should be on very good pace to be where I would like to be, this is all just on one set of settings trading One market.

There are other settings on other markets already in testing, should go live with those in the coming weeks as well. My goal is to follow the plan above for 6 months, if I’m still on track this would put me in a life changing decision point, good problems to have.

Basic plugs for great products and services:

  • AlgoNinja, only program I would use or recommend, hope to see you over there for the 14 day free trial
  • ChartVPS, use HONESTINFO3 as a discount code for a 3% permanent discount.

2 thoughts on “10/12/21: Day Two Results

Leave a reply to honestapraisal Cancel reply