NexusFi: Find Your Edge


Home Menu

 





Challenge: SIM Millionaire in 20 Days


Discussion in Trading Journals

Updated
      Top Posters
    1. looks_one icedfrosty with 70 posts (106 thanks)
    2. looks_two kevinkdog with 4 posts (12 thanks)
    3. looks_3 58LesPaul with 4 posts (1 thanks)
    4. looks_4 DreadChampion with 4 posts (3 thanks)
      Best Posters
    1. looks_one bobwest with 6 thanks per post
    2. looks_two DanDaMan with 4 thanks per post
    3. looks_3 kevinkdog with 3 thanks per post
    4. looks_4 icedfrosty with 1.5 thanks per post
    1. trending_up 68,229 views
    2. thumb_up 156 thanks given
    3. group 50 followers
    1. forum 110 posts
    2. attach_file 66 attachments




 
Search this Thread
  #31 (permalink)
ionutbbb
Cluj-Napoca
 
Posts: 2 since May 2021
Thanks Given: 2
Thanks Received: 0

Hi IcedFrosty, nice job but I can't find the indicators that you mention in the MT5 marketplace. Thanks


Reply With Quote

Can you help answer these questions
from other members on NexusFi?
CFTC Opens First COT Report Review in 20 Years -- Asks W …
Traders Hideout
$12M Ceasefire Contract Goes Disputed as Bandar Abbas St …
Prediction Markets & Event Contracts
Iran Talks Final Stages -- Two VLCCs Exit Hormuz, Record …
Traders Hideout
US Prop Firms Race Inside the CFTC Perimeter -- Tradeify …
Funded Trading Evaluation Firms
Iran and Israel Stand Down: What $9M in Peace Contracts …
Prediction Markets & Event Contracts
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
NexusFi site changelog and issues/problem reporting
8 thanks
Darmok and Jalad at Tanagra
1 thanks
  #32 (permalink)
 
icedfrosty's Avatar
 icedfrosty 
Dallas/Texas/US
 
Experience: Advanced
Platform: NinjaTrader8, MetaTrader5
Broker: NinjaTrader, AMP Futures
Trading: Futures
Posts: 270 since Sep 2020
Thanks Given: 72
Thanks Received: 594

On June 13th, my mother took 17 round trip trades of MNQ for a total gain of -9.49% over the previous day's account balance.

-2.99 average tick per contract with total volume of 4,000 contracts



Day's Starting Balance: $62,951
Day's Ending Balance: $56,978


Started this thread Reply With Quote
Thanked by:
  #33 (permalink)
 
icedfrosty's Avatar
 icedfrosty 
Dallas/Texas/US
 
Experience: Advanced
Platform: NinjaTrader8, MetaTrader5
Broker: NinjaTrader, AMP Futures
Trading: Futures
Posts: 270 since Sep 2020
Thanks Given: 72
Thanks Received: 594


Below is the equity curve after 8 of 20 days SIM trading starting with a $10,000 account balance...


Started this thread Reply With Quote
  #34 (permalink)
 
icedfrosty's Avatar
 icedfrosty 
Dallas/Texas/US
 
Experience: Advanced
Platform: NinjaTrader8, MetaTrader5
Broker: NinjaTrader, AMP Futures
Trading: Futures
Posts: 270 since Sep 2020
Thanks Given: 72
Thanks Received: 594

On June 14th, my mother took 129 round trip trades of MNQ for a total gain of 42.89% over the previous day's account balance.

1.18 average tick per contract with total volume of 41,566 contracts



Day's Starting Balance: $56,978
Day's Ending Balance: $81,418


Started this thread Reply With Quote
  #35 (permalink)
 
icedfrosty's Avatar
 icedfrosty 
Dallas/Texas/US
 
Experience: Advanced
Platform: NinjaTrader8, MetaTrader5
Broker: NinjaTrader, AMP Futures
Trading: Futures
Posts: 270 since Sep 2020
Thanks Given: 72
Thanks Received: 594

Below is the equity curve after 9 of 20 days SIM trading starting with a $10,000 account balance...


Started this thread Reply With Quote
  #36 (permalink)
 
cdnftrstdr's Avatar
 cdnftrstdr   is a Vendor
 
Posts: 106 since Apr 2020
Thanks Given: 86
Thanks Received: 178

Fantastic results. Quick question, I looked and I don't think it was asked, out of curiosity, why the micro NQ? By my math using this last days results it looks like she trades on average 300+ contracts per trade (41.5K contracts traded / 129 RT's).

Just curious your thoughts and feedback. As well would you/she in the "real world" trade the regular NQ even just to reduce commissions if anything, or is the strategy based on having the ability to scale in/out quite a bit, so having 300 mnq works better than 30 nq?


Follow me on X Visit my NexusFi Trade Journal Reply With Quote
  #37 (permalink)
 
icedfrosty's Avatar
 icedfrosty 
Dallas/Texas/US
 
Experience: Advanced
Platform: NinjaTrader8, MetaTrader5
Broker: NinjaTrader, AMP Futures
Trading: Futures
Posts: 270 since Sep 2020
Thanks Given: 72
Thanks Received: 594


cdnftrstdr View Post
Fantastic results. Quick question, I looked and I don't think it was asked, out of curiosity, why the micro NQ? By my math using this last days results it looks like she trades on average 300+ contracts per trade (41.5K contracts traded / 129 RT's).

Just curious your thoughts and feedback. As well would you/she in the "real world" trade the regular NQ even just to reduce commissions if anything, or is the strategy based on having the ability to scale in/out quite a bit, so having 300 mnq works better than 30 nq?

She typically trades with about 10 tranches using around 7 tranches in the first batch and around 3 tranches in the second batch. Beginning the challenge with a $10,000 starting balance would be difficult to use NQ and still have enough margin for 10 tranches. She plans to keep using the micro NQ for the duration of the challenge even though the commissions are roughly double those of NQ.


Started this thread Reply With Quote
Thanked by:
  #38 (permalink)
 Pley 
Yuma, AZ
 
Experience: Intermediate
Platform: Tradestation, NT8, SC
Broker: Tradestation, AMP, Ninja
Trading: MNQ
Posts: 19 since May 2016
Thanks Given: 6
Thanks Received: 18


ionutbbb View Post
Hi IcedFrosty, nice job but I can't find the indicators that you mention in the MT5 marketplace. Thanks

Only in NT8, not in MT5.


Reply With Quote
  #39 (permalink)
 
trendisyourfriend's Avatar
 trendisyourfriend 
Quebec Canada
Market Wizard
 
Experience: Intermediate
Platform: NinjaTrader
Broker: AMP/CQG
Trading: ES, NQ, YM
Frequency: Daily
Duration: Minutes
Posts: 4,581 since Oct 2009
Thanks Given: 4,267
Thanks Received: 6,208


icedfrosty View Post
On June 14th, my mother took 129 round trip trades of MNQ for a total gain of 42.89% over the previous day's account balance.

1.18 average tick per contract with total volume of 41,566 contracts



Day's Starting Balance: $56,978
Day's Ending Balance: $81,418

So if i understand. She's mostly at break even if you add the commission?


Reply With Quote
  #40 (permalink)
 
icedfrosty's Avatar
 icedfrosty 
Dallas/Texas/US
 
Experience: Advanced
Platform: NinjaTrader8, MetaTrader5
Broker: NinjaTrader, AMP Futures
Trading: Futures
Posts: 270 since Sep 2020
Thanks Given: 72
Thanks Received: 594



trendisyourfriend View Post
So if i understand. She's mostly at break even if you add the commission?

Not exactly...commissions are included in all PnL stats...


Started this thread Reply With Quote




Last Updated on November 5, 2023


© 2026 NexusFi®, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Downloads - Top
no new posts