Collective2

UPDATE: November 14th 2006(I will be eliminating the DOW{YM} future contracts as they are illiquid and I have been asked to reduce the account size needed to trade QTIPS system;Effective Monday November 20th)System will then be structered as follows.. 10 NDX & 10 SPX on system trend signal and 10 RUT added when strength of signal has been confirmed by QTIPS. RUT usually lags(depends on NDX/SPX strength) other indecies and at $100 per point..the risk/reward ratio quadruples. I need a few more days to test it out on paper. This ammendment will add an overall profit potential loss and slightly more risk when replacing YM with SPX. Besides....DOW 30 is not something a system should trade..

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Futures Only(Options remain unprogrammable). . 10 contracts maximum with a total of 4 positions RUT/SPX/INDU/NDX 4 full Future positions=strong signal 2 is average.

All trades are processed during market hours 9:30am-4pm Est and with "at Market" orders. NDX/YM are first signals generated and then RUT/SPX secondary to capture the full move in a trend.

Previous systems closed as instruments used did not work nor was there an option for a test system back then as well as knowledge of systems being permanent. 1st system was not structured and 2nd system used options for longer term signals and resulted in a large drawdown and thus closed system. This system is based on the same indicators with better stop loss placements and less risk/reward ratio.
Ideally...I am working on a system that uses the SPX and the NDX only for current expirations for short term trades and longer expirations for longer term trades(1-? months). This will be geared toward the hedge fund industry or high net worth Investors as a way to capture long term trends but at the same time make consistant money on short term trends.

Most systems on collective2 either scalp(no overnights) or hold big contract positions. Q-TIPS uses only 10 contracts per instrument and holds overnight(few scalps) depending on system signal strength.



quisp