Happy Friday,
For this Free Friday edition I will just share an update of the first 7 Free Friday strategies. One month is not indicative of anything and these are just meant for educational purposes (strategies may or may not have gone through the entire rigor of the robustness/validation techniques described on this site).
I post the strategies on twitter and you can follow me here: @dburgh.
Free Friday #1: eMini S&P500 +$625.00
Free Friday #2: Gold Futures +1,630.00
Free Friday #3: Oil Futures -$310.00, +$2,940.00, +$470.00
Free Friday #4: US Bond Market No Trades
Free Friday #5: Nasdaq Futures No Trades
Free Friday #6: Russell Futures -$790.00,-$490.00,-$765.00,+$310.00,+$985.00,-$315.00
Free Friday #7: SPY ETF No Trades
Free Friday #2: Gold Futures +1,630.00
Free Friday #3: Oil Futures -$310.00, +$2,940.00, +$470.00
Free Friday #4: US Bond Market No Trades
Free Friday #5: Nasdaq Futures No Trades
Free Friday #6: Russell Futures -$790.00,-$490.00,-$765.00,+$310.00,+$985.00,-$315.00
Free Friday #7: SPY ETF No Trades
January Total: +$4,290.00
All in all, not a bad month. A few things to consider… 1. One month(11 trades) is by no means telling, but it is sure nice to see profits. 2. Not all these strategies went through the full spectrum of validation techniques. 3. Strategy #6 only has 1 rule so it is much more common for its entry condition to be satisfied; hence the larger number of trades. 4. All of these results based on 1 contract traded
If you missed Free Friday#8 where I broke down one of the new validation techniques, Randomized Monte Carlo testing, then please take a look here: Free Friday 8 – Randomized Monte Carlo
Enjoy the weekend,
Dave
Thanks for reading,
Author
David Bergstrom – the guy behind Build Alpha. I have spent a decade-plus in the professional trading world working as a market maker and quantitative strategy developer at a high frequency trading firm with a Chicago Mercantile Exchange (CME) seat, consulting for Hedge Funds, Commodity Trading Advisors (CTAs), Family Offices and Registered Investment Advisors (RIAs). I am a self-taught programmer utilizing C++, C# and python with a statistics background specializing in data science, machine learning and trading strategy development. I have been featured on Chatwithtraders.com, Bettersystemtrader.com, Desiretotrade.com, Quantocracy, Traderlife.com, Seeitmarket.com, Benzinga, TradeStation, NinjaTrader and more. Most of my experience has led me to a series of repeatable processes to find, create, test and implement algorithmic trading ideas in a robust manner. Build Alpha is the culmination of this process from start to finish. Please reach out to me directly at any time.
