One of our most consistent strategies in Q1, 2021 is the Cobra III E-mini S&P Profit Target version. This strategy tests well going back about 20 years and has been around about as long.
The question immediately comes to mind, "Would this be a better market for the 50K Portfolio than the wild E-mini Nasdaq futures?
We answer the question in the video and show you how to setup Cobra III to trade the E-mini S&P instead of the E-mini Nasdaq. We love trading the Nasdaq and we like nice ranges but a market that has wide ranges that continue to retrace every move can be challenging to trade.
The margin requirement is lower on the E-mini S&P as well. Some brokers, such as Interactive Brokers use margins that are higher than exchange margins and don't have day trade margins.
We still keep one Nasdaq strategy in this portfolio since we like the opportunity in Gap Continuation 2020 E-mini Nasdaq, which had a nice gain this week of 65+ points.
This is an optional adjustment and we have not officially changed the 50K Portfolio yet as of March 12, 2021.