At daytraderplaybook.com, we believe that day trading futures doesn't need to be overly complex to be effective. That's why we're excited to introduce you to our new Polaris strategy - a straightforward, yet efficient strategy that we've been working on.
Understanding the Polaris Strategy
The Polaris strategy has been designed with simplicity and practicality in mind. By using a mix of reliable indicators and keeping a close eye on trading hours, this strategy aims to spot high-probability trading opportunities, while keeping risk under control.
Solid Track Record
In the past 180 days, the Polaris strategy has shown a decent performance. It has chalked up a total profit of $61,715, which speaks volumes about its effectiveness. However, what sets this strategy apart is not just its ability to turn a profit, but also its approach towards risk management.
With a maximum drawdown of $2,585, the Polaris strategy is designed to keep potential losses limited. This is a crucial feature, especially for day traders who understand the importance of protecting their capital. It's about making steady gains, but also about keeping any potential losses in check.
Polaris Strategy Metrics, Last 180 Days
The strategy has a win rate of 53% from 280 trades over this period. Furthermore, it carries a profit factor of 2.38, which indicates its profitability relative to the risk taken.
Why Consider the Polaris Strategy?
We all know that futures day trading can be a challenging arena. This is why the Polaris strategy could be a valuable addition to your trading routine. It's designed to identify profitable trades while keeping an eye on risk - a combination that can work well in the dynamic world of futures trading.
Strategy Access
The Polaris strategy is now available to the subscribers. Plan B and C subscribers can access the ThinkorSwim strategy scripts in the TOS section of the web-site.
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