See many of our frequently asked questions below
Answer. Although we cannot provide financial advise, the examples shown had starting capital of $50,000 on the Mini-NQ. However, you can start with as little as $5,000 if you trade the Micro-NQ or MNQ because the point value is 1/10th the size. These figures are calculated by taking the max drawdown numbers and starting with at least double the highest historical max drawdown. This gives a good likelihood you will not need to put more capital into the account to keep the strategy trading.
Past performance cannot indicate future performance. Gains or losses in the market is unpredictable on smaller time frames. It is possible to either start during a run up and make money right away or start during a drawdown period. However, we see historically looking at the continuation strategy performance on a quarterly basis has a good statistical likelihood of obtaining profit in that timeframe. The continuation trade has been profitable year-over-year. Given more time to trade gives more likelihood of obtaining profit, yet having a mindset of quarterly or yearly profit with the continuation trade is a good mindset to have as you start this strategy.
As of now we have found that the strategy is not historically profitable during FOMC interest rate decision reports. The continuation trade is a trending strategy, and this report is one of the highest volatility reports that is released concerning interest rate projections. On these days we recommend turning the strategy off between 1 PM and 2:55 PM. Our analysis shows Excluding these days over the 12-year analysis period increases all the results of the continuation trade (above the posted results on this page).
There are a few economic report websites available today. We personally use www.fxstreet.com to view upcoming FOMC Interest rate decision reports and other high volatility reports release dates and times.
Answer. Day time Technical Support calls can be scheduled (8-5 EST) to talk to someone on our customer support team. Technical support is offered to all lifetime and our paid monthly members. Email technical is offered to both our lifetime license member and our monthly subscription members also. You can also check our FAQs and user guides for help.
Answer. Scheduled Day Time Technical Support (8-5 EST). Lifetime access to updates. Access to new trading robots released by Faithful Family Investments will be sent to our lifetime members first.
Answer. Update notifications will be sent to Lifetime Members and monthly subscribers (at the start of each new month, if an update is available). Updates are based on needs and address upgrades to the strategies, technical issues or other improvements.
Answer. Our Trading Bots run on NinjaTrader Version 8. NinjaTrader is available here to download: https://ninjatrader.com/GetStarted
Answer. Although your undivided attention is not needed to function, it is advised that the strategy is monitored the strategy several times a day. Connectivity issues, such as internet connection, computer settings, brokerage connection, power outages, or other unforeseen events may affect functionality. It is advised to check the strategy before the market opens, in the middle of the day, (to make sure the strategy is synced with the account), and before the market closes to ensure all positions are closed. This will normally take a few minutes each time. You can use remote viewing software and/or our email alerts function to stay informed about the strategies activity while you are away.
Answer. You need the leased version or lifetime license of the Ninja Trader 8 platform to use The Continuation Trade or other Automated Strategies. If you have any questions or concerns with downloading the platform or getting setup with the platform, please contact Ninjatrader support. https://ninjatrader.com/
In addition to having the correct paid version of Ninja Trader, you will need to have setup an account with a futures broker and fund it to trade NQ or MNQ and setup a data feed connection with the broker. Data feeds are usually a small monthly cost that is charged to your brokerage account and provides the live and historical market data for back testing and sending live orders.
Disclaimer: The information on this website is for informational purposes only, and does not contend to address the financial objectives, situation, or specific needs of any individual investor. Any information is for illustrative purposes only, and is not intended to serve as investment advice since the availability and effectiveness of any strategy is dependent upon many different factor and circumstances. Results will vary, and no suggestion is made about how any specific solution or strategy performed in the future.