Strategy #72 Follow Up: NASDAQ-100
This is a follow-up to Strategy 72
Important: There is no guarantee that these strategies will have the same performance in the future. I use backtests to compare historical strategy performance. Backtests are based on historical data, not real-time data so the results shared are hypothetical, not real. There are no guarantees that this performance will continue in the future. Trading futures is extremely risky. If you trade futures live, be prepared to lose your entire account. I recommend using these strategies in simulated trading until you/we find the holy grail of trade strategy.
This is a follow up to Strategy 72.
I receive many requests for additional data when a strategy is published. I welcome all requests. If I receive a request multiple times, I will consider accommodating.
One question I receive often is regarding stocks. Personally, I prefer the leverage of the futures market. To read more about the difference between trading stocks and futures, click on the link below.
Going forward, I will try to include a link for backtest data on NASDAQ-100 stocks. Click here for backtest results on Strategy 72. It includes the ticker symbol, profit factor, start date, end date, number of trades, drawdown, gross loss, gross gain and net income for each stock. The order quantity on each trade is 100 shares.
The first thing you’ll notice is the low trade count, which is common for stocks. Some would say this is the trade-off for having more markets to find opportunities in.
If you have any questions, comments or recommendations, please reach out by responding to this post or emailing at: AutomatedTradingStrategies@protonmail.com