Lunch Money & Small Change

Trading the MNQ evenings

Sunday through Thursday evenings, I read and study. I also run a couple of strategies that are monitored as they run. I constantly monitor the systems; I trust the strategy; I don’t trust the market.

This week is the start of my evening trading routine. This particular strategy trades the MNQ, allowing up to 10 entries on various signals. It’s a flexible strategy, so a user could drop the trades to a total of 1 or increase them to 20 without problems.

I backtested this strategy from January 5 through January 26. That timeframe still left the market in turmoil due to holidays and a presidential inauguration. This strategy tests with some fair numbers, a Total Net Profit of $2312.64 and a Gross Loss of $80.44, a number shared with the Maximum Drawdown. The Profit Factor is 29.75, and the Percent Profitable is 98.44%. It averages 7.13 Trades Per Day.

I wish the strategy were a little more consistent with the daily trades. There are some open days with no trades

The chart is a 50 DTB 30 Bar chart. With this strategy, I do not run with any max daily loss or max daily profit settings, but I do have stops on each trade.

The trade list will give you an idea of the swings for MAE.

This is a list of the strategy settings.

I use the DTB system from DTB Traders. Check them out and get a couple of free indicator combos that will rock your trading. They also have a Discord group of like-minded traders you can join. I hope to see you there.