I am excited about the release of the Conservative Micro Stock Index and Micro Gold Portfolio. The Conservative version gives us more flexibility to switch between a conservative setup to a more aggressive setup at the right time, depending on the nature of the market.
The Base (existing) Micro Stock Index and Micro Gold recently made new equity peaks. We did go through a very choppy season before hitting these new equity peaks. The Nasdaq has been the wild card as there has been more chop in the Nasdaq the last 6 months.
A subscription to the Micro Stock Index and Micro Gold Portfolio includes both the NEW Conservative version as well as the Existing Base version. Both versions are now in the Portfolio Calculator as well. There are 49 total strategies and six workspaces included in the Micro Stock Index and Micro Gold Portfolio.
Existing subscribers will receive the updates as well.
Less Nasdaq strategies have been the trend. Sometimes we may want more Nasdaq strategies though. The conservative version gives you the flexibility to trade smaller starting out or waiting for a cycle in which to increase risk. Typically after a long cycle of chop, and after a drawdown and during a transitional time period such as the end of the month or beginning of the month or quarter, you could see more trends and increasing risk to capture more explosive trends during these windows could be the right approach based on your resources.
I am also working on an algorithm for this so it is more systematic instead of discretionary (determining when to trade each version).
The Base version includes 3 workspaces, 1 workspace for each market. There are 16 Micro ES strategies, 14 Micro NQ strategies and 7 Micro Gold strategies in the Base version. The Conservative version includes 3 additional workspaces, 1 workspace for each market. There are 16 Micro ES strategies (7 are different from any of the strategies in the Base version), 4 Micro NQ strategies, and 7 Micro Gold strategies (2 are different from any of the strategies in the Base version). There are 37 strategies in the Base version and 27 strategies in the Conservative version. There are 49 strategies overall in this subscription. An annual subscription also allows you to trade up to 4 Micros per strategy.
The Conserverative Micro Stock Index and Micro Gold Portfolio is really just the micro setups for E-mini S&P, E-mini Nasdaq, and Gold from the 200K Portfolio - the top performing portfolio so far this year. The current version of the 200K Portfolio was released on November 30, 2020. Today, April 7, 2021, we are officially releasing the Conservative version.
Please note that managing this many strategies is not for the beginner. It takes some time to understand what you are looking at when you are involved in algorithmic trading. You can make many technical errors. SIM mode and Micros can help reduce your risk when starting out. The learning curve is different for everyone. You might learn this setup in a month, or it might take 3-6 months, or you may never be comfortable trading this type of setup.
A beginning algorithmic trader should start with 1-10 strategies, such as the 50K Portfolio. This is ideal for more experienced traders.