Starting From Scratch Pt. III (Futures)

June 14, 2024

This week I’m Starting From Scratch using automated Futures strategies.

I’m pretending I’m not a total beginner but I am new to Futures strategies.

I started with a basic strategy on the YM and added a breakout strategy on the NQ in the last Newsletter.

Now I’m adding Gold.

Why?

Because I’ve heard of it before on CNBC and it seems like it might be a good idea to add that into my stock market index strategies.

I need to keep it simple, though, so I can follow along easily. So I’ll use a recent strategy that also uses the sacred Bollinger Bands™. You can see all the details on this system here. 

Now I can participate in the upward bias of the Dow, the breakout ability of the Nasdaq, and the trendiness of Gold.

It seems like I have several bases covered.

But do I?

Here is the Report for all 3 of these systems trading 1 contract each time on a $37k account via Portfolio Architect:

The Profit Factor, drawdown, and win rate are all still looking very good to me.

So does the Equity Curve:

Compounding would make this much better, of course.

And the Annual Returns entice me also:

No losing years and the possibility of massive winning years.

While the exact answer to how to start from scratch is impossible, this is what I would do if I were a little experienced and just starting out.

It’s not a recommendation.

Just an opinion on my hypothetical personal situation.

Talk to you soon.

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Disclaimer:
It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable or that they will not result in losses. Past results are not necessarily indicative of future results. Examples presented on these sites are for educational purposes only. These set-ups are not solicitations of any order to buy or sell. The authors, the publisher, and all affiliates assume no responsibility for your trading results. There is a high degree of risk in trading.

HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN INHERENT LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT ACTUALLY BEEN EXECUTED, THE RESULTS MAY HAVE UNDER- OR OVER-COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN.