What type of trading strategy do you employ?
The strategy utilizes the breakout trading method designed to scalp the opening range volatility.
Can this trading signals trade other markets?
Even though the strategy was created to trade the S&P 500 futures, it can be applied to other index futures with proper adjustment to the market's margin and contract specifications. Currently the Nasdaq futures have the best volatility profile for our trading algo.
What is the expected return for this strategy?
Returns are in alignment with volatility (higher volatility=higher returns). Subscribers can expect an annual return of around 40-50%.
What is the maximum drawdown that can be expected from this strategy?
Expect to experience a maximum intraday drawdown of 40-50% to occur on 2-3% of the trading days.
Does this strategy use stop loss to manage risk?
This strategy uses both price and time based stops to manage risk. But it will continue to trade until it hits profit for the day or hit the maximum drawdown.
How much does this trading signals service cost?
This is a unique performance based trading signals. We only charge the fee if the collective performance of the trading signals for that month is positive. Fees are fixed at $100/month for every $10k of capital .
Which broker should I use to follow the trading signals?
You will need a futures broker that offers the Metatrader 5 trading platform. Currently AMP futures and Ironbeam are the two brokers that offer this platform for the futures market.
How do I sign up for the trading signals?
We require subscribers to sign the risk disclosure before receiving simple instructions on setting up a trade copier platform to follow the trading signals.
What is the minimum starting capital required to follow the trading signals?
We recommend a minimum starting capital of $10,000 for the micro futures signals. Higher requirements are needed to trade the eminis (this is due to increased margin requirements).
How about price slippages when orders are executed?
Slippage can occur when the algo executes market orders during extreme market volatility. Slippages can be positive or negative.