Lunch Money for March 16 - 20
Strategy Trading for small change!
It’s been a while since I’ve been able to sit at the keyboard and write. The main contributors were Winter and a minor accident that put me out of commission. They didn’t stop my strategy trading; they did affect my daily discretionary trading and my desire to sit and write.
Moving on and pushing, it’s time to get back in the groove. We can start with evening strategies such as “Lunch Money.” It’s always a lovely evening strategy to work with. For those of you using prop firms, it can be a good fit for the correct account size.
Lunch Money for this week may be a little tricky. The market is in turmoil, and it's “Roll Over” week.
The strategy has progressed and matured as I spend time with it. AI is new to the routine. As usual, I developed the plan as I usually would. With the recommendations of a fellow group member in the DTB Discord group (c3computer), I am optimizing without stop loss limits. I feed these results into an AI system, asking it to identify appropriate stop loss limits and suggest alternate take profit levels. I then adjust and reoptimize the strategy with those suggestions for better results. This week is the first time I’ve released a strategy using AI assistance in optimization.
The strategy has seen adjustments to the run times and the contract purchase sizing through AI. Looking at the summary for this week, we have a net profit of $4,474.70 for trades from March 2nd through March 13th. The maximum drawdown is $532.40. There were 94 trades, with 89.36% profitability. The strategy takes two trades of five contracts each.
I have included all the strategy-building information below. I use the DTB Traders system for my chart display and strategies. If you would like to know more, I encourage you to ask questions or visit the DTB Traders website or Discord server. The server is open to reviewing all results posted by members. I post all my trades there daily.
