Some systems “sold out” & pricing change
Trading has been very fast and volatile leading to much higher than average slippage the past few weeks. In light of this, instead of using $40, I am going to start using $50 for roundtrip commission and slippage costs. I will be updating all results on the main website over the next 1-2 weeks to reflect this.
To help keep slippage under control, I am not allowing any more additional contracts to be traded on Jaguar, Leopard or Lion II. I am releasing alternate versions of these systems which are the exact same strategies placed on charts that are offset by 1 minute to not coincide with orders being sent by the original systems. The trades will be different but over time the results should be similar. When these alternate versions are maxed out then they will also be closed to any additional contracts until further notice. I will be updating all results posted on the main website (including the Wildcat portfolios) to include the alternate versions. I will be taking the same actions when other systems get maxed out as well. These limits apply to both new and existing subscribers. I do not want to jeopardize these systems by having too many contracts being traded on them. A note about Tiger: since Tiger runs on 1 minute bars, there will be no alternate version – when it is maxed out, it will be closed to any additional contracts.
To simplify pricing, I will no longer be offering a discount for leasing multiple systems/contracts. I will continue to offer the discount for 3 month and 6 month subscriptions. Pricing for 1 contract of a single system will remain the same. The new pricing will be a 33%-60% increase over current rates depending on the number of contracts being leased. In order to give everyone sufficient notice, the pricing change will become effective July 1st. Everyone subscribed before July 1st will continue to keep the current rates.