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It would not be a good idea for me to answer your first question in writing...I am not qualified.
As for this Challenge, it is for educational and entertainment purposes only. Futures trading involves substantial risk of loss. All results I post should be considered hypothetical and past results are not necessarily indicative of future results.
In my experience, SIM fills are certainly faster than live fills. If you are ever worried about futures fill issues you can use stop/limit orders which is what we are using in the SIM Challenge. As a side note, I have found that AMP Futures MT5/CQG fills faster than NinjaTrader/CQG on SIM & live accounts.
OK, I understand it is just entertainment, but the way you are SIM trading could easily be just gaming the simulator engine - and people may think they can duplicate these results with a real account, when quite possibly they cannot.
Maybe we are taking advantage of a loophole in the simulator accounts...I hope nobody will see what we are sharing using SIM accounts and think it is a good idea to try this on a live account...if they do...they will quickly experience significant losses.
Perhaps, "look beyond the spoon"....
...why are two experienced traders using SIM for a trading challenge...perhaps everyone who is wanting to learn a new trading strategy should start trading in a SIM account
...why have two experienced traders blown their SIM accounts after a few short days...perhaps they lacked Risk Controls as part of the Challenge...perhaps everyone wanting to learn a new trading strategy can now see the value of incorporating Risk Controls...even in SIM...
maybe...just maybe...people reading this thread will learn how to trade their own trading strategy that fits their personality...all the while being entertained by two experienced traders engaged in a trading challenge...
Key Takeaway - No matter how experienced you are...never trade without predefined Risk Controls
You and your Mom have definitely proven how difficult the Challenge is, notwithstanding the possible help you may (or may not) be getting from the simulator.
And that is a good thing - you are showing how difficult trading is!
Too many people enter trading thinking triple or quadruple annual returns are possible, with little or no risk.
When you swing for the fences, you tend to strike out a lot.
I hope many new traders read your thread, and realize how dang difficult trading really is!
My mom trades using "extreme scalping" on her live accounts....just not this "hot".
I trade several strategies live with setups like breakouts, fades, pullbacks (Zombie), and reversion (HalfLife). Most trades I scale-in...either quickly or slowly....more details later in the challenge.
Thanks for posting @icedfrosty. What time zone are you in and do the times in the order list match up with your timezone or the exchange? I tried to find the time and price on a chart of MNQ 06-21 but unfortunately they don't match. I'm using the 4th and 3rd from last columns as I'm assuming that those times and price are the execution(fill) prices. I tried several 1 hour intervals after the times ( I'm in UTC-4, NYC ). Nothing matches.
