In this time where day trading has become a lot
more difficult, I've been often looking for some more mechanical strategies that
can help P&L. Its quite tough to find something which doesn't take up much
capital, ideally has no overnight risk but yet supplement income.
I came across a guy called Jack Broz, some of you
may have heard about him. He has been trading from the bond pit for more than
15 years.and uses some unique mechanical set ups. He gets his information both
from pit and also electronic market. Jack has a trading room and daily
newsletter and he uses these set ups on daily basis.
One of the strategies I have come across is his 30
Year Bond extension trade which is a simple yet effective system, but for those
who trade via ninja trader, it has been automated, once the parameters have been set.
The Beauty of the system is when you run it then
you can just focus on other markets since it places stop and profit target on
its own when our entry level gets triggered. I've been back testing the system
for around 2 months, and its generated a positive P&L so far, the details are
below:
So as you can see its not a get rich quick scheme, its a slow and steady income generator. For more information email rajenkapadia@yahoo.com.
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