VX9 Trading October 6, 2022. $5,155 Thursday, October 6, 2022
You have no items in your shopping cart.
Blog archive
RSS
Blog
VX9 Trading October 5, 2022. $1,320 Thursday, October 6, 2022
VX9 Trading October 4, 2022. $3,005 Tuesday, October 4, 2022
VX9 Trading October 3, 2022. $5,840 Tuesday, October 4, 2022
VX9 Trading September 29, 2022. $11,090 Tuesday, October 4, 2022
Market Forcast Wednesday, January 26, 2022
Could we be on the brink of the biggest drop in the history of the market?
VX9 Trading Dec 10, 2021. $2,452.24 Sunday, January 16, 2022
VX9 Night and Day Trading System for NinjaTrader®
VX9 Trading Dec 10, 2021. $2,452.24
Another choppy day, another gain: $2,452.24. I think the coppiness is due in part to the upcoming contract expiration for stock index futures next week. Yesterday was "rollover" day - the day that most traders begin exiting positions in the expiring contract and taking new positions in the new contract. The VX9 has been handling the market well. In the last 6 trading days there was one losing trade for $43. All other trades were closed with gains. $12,606 gain in 6 days trading one sometimes two NQ contracts.
Choppy Day with no losing trades. Sunday, January 16, 2022
VX9 Night and Day Trading System for NinjaTrader®
VX9 Trading Dec 9, 2021. $833.36
Another choppy day, another gain: $833.36. In the last 5 trading days there was one losing trade for $43. All other trades were closed for gains. $10,000 gain in 5 days trading one sometimes two NQ contracts.
Choppy Day. No losing trades. Sunday, January 16, 2022
VX9 Night and Day Trading System for NinjaTrader®
VX9 Trading Dec 8, 2021. $872.84
Another day, another gain. $872.84 in a choppy session. Not every day is like this one but today all trades closed for a gain.
Today's intraday price action was muted. We went through a period of weak trend strength in which the VX9 sat on its hands. It's not surprising given that on a weekly chart the major averages are coming off a huge rebound shaking off worries about the Omicron virus. Indices now are just slightly off all-time highs and investors are taking a step back to re-evaluate.
Stock Index Futures Contract Expiration and Rollover Sunday, January 16, 2022
What is contract rollover? Why do I have to rollover a futures contract?
Commonly traded stock index futures contracts such as the E-mini S&P 500 (ES) and E-mini Nasdaq 100 (NQ) are traded on the Chicago Mercantile Exchange (CME) in Chicago, USA. The CME Group defines the terms of these contracts.
Part of the contract specification is that the contracts last for a little more than 3 months and have an expiration date. By the time a contract expires a new contract for the next quarter has already begun trading. In practice this means that an investor or speculator holding a position in a contract must exit the expiring contract, and, if they wish to continue the position, must enter a position in the next contract. When and how does this happen?
How it happens.
The investor must place the trade to exit the old contract and another trade to enter the new one.
When it happens.
There is some overlap in time when both the expiring contract and the new contract are both trading. The overlap is a couple of weeks but there is a specific date that is known as the "rollover" date that most traders perform the trades to switch contracts. For stock index futures contracts, ES, MES, NQ, MNQ, YM, MYM, this date is always the Thursday in the week before the third Friday of the month. In practice many traders check the trading volume in the new contract to see if the liquidity is there to for there to be enough supply of bids ( for traders selling ) or asks ( for traders buying ) to support the other side of the transaction without incurring excessive slippage in price. But that Thursday is the target date for the rollovers to take place.
How do I rollover a contract in NinjaTrader? This video explains how to rollover a contract in NinjaTrader 8.
- 1
- 2
TERMS AND CONDITIONS OF USE
Read our full disclaimer plus terms and conditions HERE.
RISK DISCLOSURE
Futures trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing ones financial security or life style. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results.
HYPOTHETICAL PERFORMANCE DISCLOSURE
Hypothetical performance results have many inherent limitations, some of which are described below. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown; in fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk of actual trading. for example, the ability to withstand losses or to adhere to a particular trading program in spite of trading losses are material points which can also adversely affect actual trading results. There are numerous other factors related to the markets in general or to the implementation of any specific trading program which cannot be fully accounted for in the preparation of hypothetical performance results and all which can adversely affect trading results.