New day trading system coming
I’m excited to let you know that I will be releasing a new day trading system next week. It is called Bandwagon ES. During periods where large intraday moves are more likely, it will look to “jump on the bandwagon” when the market is heading up or down convincingly. Most trades are entered within the first hour after the stock market opens, and it looks to hold all day. There is a stop loss, a trailing type of stop and end of day exit. It is a very straightforward system, and it performed exceptionally well on out of sample data. It has been profitable every year including 2019 YTD.
I will update the website next week, and it will be included in the Index Trader Portfolios (likely replacing Leopard Vol). For now, the summary and equity curve are below. Past performance is not necessarily indicative of future performance.
