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Thanks for asking Mike, I have backtested the system to get more consistent data. Been working on reducing risk with several variables (time, volatility, number of contracts vs session, news, risk reward). I have rented a Chicago server which is very consistent in terms of speed and connection. I will discuss more details as soon as I will go live to compare with my backtested results (probably next quarter). The core system is still the same and based on counter trading the vwap 2sd, as all counter trend system win/loss is very high (more than 80%) but I have been working really hard keeping the draw down as low as possible. More coming up soon
After several months of optmization (risk wise) I run a bot version of the Italian Job system via a VPS server in Chicago. Uptodate I am not yet satisfied with the optained results, the system is still showing uge DD's which make vanish all the prior cumulated results. I think there is still room to improve the system but I decided to concentrate on my swing trading with stocks and Etfs. I am also taking a pause from intraday future trading, those instruments have evolved in a way that does not suit anymore my trading style and risk aversity. I will come back to futures, but I have to split my time between business (trading) and my family, as I measure my time in terms of performances and I am focused on capital preservation, I need to concentrate my efforts on instruments that are more risk rewardable.