AE Portfolio FAQ

How many trades per day? What is the expected daily profit / loss?

Every system can have multiple trades per day. If you were to trade only the NQ system then understand it is comprised of six subsystems that are combined and trade from one chart. The Subsystems are comprised of three Long systems and three Short systems creating a market neutral balance. . You can and will have multiple trades per day and you can have more than 1 Long Subsystem trade simultaneously.

There can be multiple trades in a day and the average gain in 2021 has been 0.77% on days in which at least one trade was placed for fixed 1 Emini contract position size (this can be skewed heavily by strong winning outliers, fat tails are expected with day trades). The average winning trade for AE Combined Systems without position sizing bot is +$1,556 and the average losing trade is -$1,135.

Will my position size exceed 1 Emini?

Rare days in backtesting confirm the potential to be Long/Short 8 subsystems (each NQ, ES and YM system is comprised of multiple subsystems). Users trading a fixed position size of 1 Emini contract can potentially have as an example +4 Long YM, +2 Long ES, +2 Long NQ = total Emini +8 across three different markets all at the same time on the same day (each subsystem will have separate entry times, stops and targets). If you set a risk of 2% per trade on your initial capital then on the rare correlated trading days you have the potential risk of 12%.

Days with +8 Emini simultaneously are rare and have only occurred a handful of times in backtesting from 2002 to 2021. However, we do expect +4 Emini contracts in the same direction on an individual day to occur a handful of times per year (average4 times per year). Because the subsystems have different entry times, stops and targets and trading three different markets, many of these correlated trade days will not have highly correlated daily profit and loss.

If you set a fixed position size of 1 Emini contract because multiple systems can trade simultaneously there is the chance on very rare occasions for you to be +8, Emini Long. Because we have multiple systems with the potential of trading in the same direction simultaneously this is why we urge reducing your position size in half or more for the new portfolio relative to the previous Chimera Bot portfolios.

If you have multiple long positions, do I need $125k per Emini?

We advise a minimum of $125k for a setting of 1 Emini – this is just an initial daily setting, in this case, every trade placed on a single day will be 1 Emini increment. Even though at times you will have more than 1 Emini Long or Short we still recommend only $125k minimum and this will cover all trades per day. If three Long Systems place trade simultaneously you will be +3, Emini Long, at your broker and our recommendation is for $125k to cover all 3 Long positions, hence, you do not need $375k to trade 3 Emini at the same time.

We expect on average to be Long or Short with correlated trades to be +2 Emini Long or 2 Emini Short – a recommendation of $125k will suffice all trades made on the day. If your position is +2 Emini Long on a single day and you are trading 1 Emini per trade then the recommendation is still $125k for the day.

How does the Position Sizing Bot work?

The position sizing bot determines your position size per trade at the start of each day. The bot looks at the current market price, the contract value and the expected volatility and range for that day relative to your risk setting inputs. The bot will then calculate how many contracts Emini/Micro to trade per trade for that day (a new position size will be computed at the start of every new day). The User will set their initial capital input and the amount of risk they require per trade e.g. 2%. We expect on average to be 2 potential long/short correlated positions per day simultaneously so your overall risk will be 2% + 2% = 4% if you are long or short two systems.

On very rare occasions you can even have 8 long or short trades simultaneously so in that case, you will have a combined 16% risk; Users should keep in mind that even though this seems like the risk is extensive on those very rare days, the correlated simultaneous trades in the same direction will never all have the same entry times and each trade will have different stops and targets, therefore, many of the correlated trades can be a mix of winners or losers – we do not expect all simultaneous long/short positions to achieve the same profit/loss for that day.

The position sizing bot will calculate the size at the start of each day for each market and places the same fixed size for each trade for their respective market on a single day e.g. If the position sizing bot calculates based on user risk settings to trade 6 Micro contracts on the NQ, 8 Micro on the ES and 9 Micro on the YM then every NQ trade made that day will trade 6 Micro per trade, every ES trade will trade 9 Micro per trade and every YM trade will be 9 Micro per trade – the position sizing bot will not increase or decrease this daily calculated size just because a simultaneous same direction trade is being placed.

How do I choose how many contracts to trade?

Quant Savvy users trade all systems with their chosen position size e.g. 1 Emini contract for a minimum $125K initial capital. Every user chooses their own contract size based on these minimum guidelines:

  • One Micro contract is the smallest position that can be traded in Futures markets
  • The user must choose their contract sizing by themselves or turn on the Position Sizing Bot (users must understand the basics of the Position Sizing Bot and how it operates) as Quant Savvy do not manage money
  • The Position Sizing Calculator can give guidance on position size recommendations.
  • Each user has a different risk propensity, some users might trade 1 contract for $120K while others might choose to trade 1 contracts for $200K
  • We recommend a minimum of $125k per contract for full Emini contracts (for all trades made on a single day).
  • We recommend a minimum of $12.5k per contract for micro contracts (for all trades made on a single day).

What are the Margin Requirements?

Margin requirements will vary from broker to broker, all systems are day trade only so you will assume day trading margin. Under highly volatile market conditions many broker e.g. INteractive Brokers has been known the increase margin requirements considerably on very short notice so all Users should take this into account (using the Position Sizing Bot we would expect a decrease in the number of contracts being traded during a volatile period anyway which should allievate most margin increase concerns).

Interactive Brokers Individual accounts day trading margin is very high:

  • 1 Emini NQ: $17,723
  • 1 Emini ES: $12,838
  • 1 Emini YM: $9,598

TradeStation:

  • 1 Emini NQ: $4,400
  • 1 Emini ES: $3,300
  • 1 Emini YM: $2,613

Under very rare circumstances for a User not using the Position Sizing Bot and a fixed 1 Emini contract per trade, a day in which we have max 8 Correlated Long Positions across the three different markets can look like: 2 NQ, 2ES and 4 YM for Interactive Brokers you will need margin: $35,446 (NQ trades), $25,676 (ES  trades), $38,392 (NQ trades) = total $99,514 (we recommend $125k for 1 Emini trades in a day which should provide you with over $25k spare margin on a very rare day with 8 correlated positions).

Are Chimera Bot Systems included in the Alpha Equivalence portoflio?

The AE bots are a total of 19 subsystems trading on the NQ, ES and YM. Some of the best performing bots from the Chimera systems have been included in the AE portfolio and have been permitted to trade more than one market e.g. the Chimera 2 NQ bot now has imperceptibly modified versions that can trade the ES and YM as well as the NQ in the new AE portfolio. There are also a number of new systems included in the portfolio.

The goal is to have many systems trading with medium to low correlation across different markets and placing trades with smaller bets. Using the Position Sizing Bot we can balance performance across different assets and trade volatile markets whilst remaining well within our defined risk parameters. With a Position Sizing Bot trading a volatile market will not induce much more stress than trading a low to moderate volatility market.

Each subsystem is striving to expose distinct market inefficiencies, some systems will target intraday trend following and others will be mean reversion or liquidity seeking. Every single subsystem has dynamic stops and targets and entry intervals.

How to set Initial Capital and % Risk Per Trade for the Position Sizing Bot?

The Position Sizing Calculator can give guidance on position size recommendations.

There will be a guide on your server on how to input your settings which is simply changing the inputs on the charts for the loaded systems. Alternatively, our technical support can adjust inputs for you at your request.

Overnight trading or day trading only?

Overnight trading is substantially riskier as trading a very large pooled number of contracts (large trading size) makes almost impracticable to exit positions during the very low liquidity overnight future markets. It means that if you were to exit a large position overnight, you would suffer extensive slippage on markets such as Nasdaq Futures and Dow Jones Futures.

Quant Savvy algo systems are day trading only, as holding overnight negates the initial positive expectancy on the entry and exit. The longer the trade, the more trivial the entry become and the ability to have a large trade sample is greatly diminished when creating the initial system.

System providers who display overnight systems have often never traded a large position size and often create only backtests based on highly liquid scenarios which are misleading and distorted in reality.

Who is responsible for logging inot the broker software on the server?

Only you are responsible for logging into the broker software on the server. We do not need your broker credentials, so please keep them safe and do not share them.

Market orders or Limit orders?

The current portfolio uses market orders because the number of pooled contracts is large and it would be detrimental to show this order on the visible trade book, other competing algo systems will always target large resting limit orders for liquidity purposes. There is also a tradeoff between more slippage with market orders but the guarantee of entry. Limit orders might have no slippage but you are not always certain to be filled, we have a large pooled order which would most certainly lead to partial fills for many users in most markets.

We work on a tick by tick basis and limiting slippage and fast execution is always our priority. We work on this constantly and we are monitoring every metric to ensure slippage is checked. The systems will seek liquidity and fire orders when the right liquidity conditions are met, they will attempt to achieve positive slippage in certain trades. Slippage and transaction costs are the number one reason why we don’t trade more frequently during the day session, liquidity and scalability is paramount when running a large number of pooled contracts.

On the ES you will rarely get more than 1 tick per trade and that is on over 300 lots/contracts. Someone trading 1 lot/contract with the right execution should get close to zero slippage on the ES,NQ and YM. On the NQ and YM with a large market order you might get 2 to 3 ticks slippage on entry and exit as an average over 100 trades, this is one of the challenges when trading a large contract size and not one lot/contract.

Is the AE performance live or backtested?

The AE Portfolio has only been live a couple of months. It does include the best performing systems from the Chimera portfolio which can now trade across different markets. We will continue to track the live performance over the coming months.

There will be no issues trading the portfolio from a technical standpoint and things should be a lot easier than trading the current Chimera portfolio as all NQ, ES and YM systems will trade from a single chart.

What data feeds will I need?

CBOT, CME

Is Quant Savvy New To The Web Scene?

We launched the Quant Savvy website and have been providing systems to retail users since 2014. Quant Savvy has been creating algorithmic trading strategies since 2006. However, with new technology making it more and more affordable for retail traders to have their own automated system, we have made the push to provide this software to retail users and small money managers to level the playing field with the greedy under-performing hedge funds.

What happens after I subscribe?

You choose a compatible broker. If you host on Quant Savvy servers you do not have to do anything but login to your server any time to view your winning system. We will setup an individual VPS for you and you will log in to your platform and we will connect the systems. 100% support is provided every day.

How do systems trade and place automatic orders with my broker?

Your Quant Savvy systems are loaded into Multicharts/Tradestation automated software. The systems generate trading orders automatically which are then transmitted in real time to your broker. The broker then executes the orders. Each system will manage all aspects of the trade for you automatically, from entry to exit.

The systems are dynamic and not static meaning they react to live data coming into the market. Before any trade is placed the systems calculate the risk and expected payoff and will always have dynamic stops and targets in place.

Can I view trades made on a chart?

Many of our users are day traders so they like to view systems running on a chart in real-time. In Multicharts/Tradestation you can easily run your system on live charts. You will be able to see your system live trading positions, open profit and loss and also the ability to manually exit positions. It is like viewing somebody else trade for you.

We set up your server which you can log in to 24/7, there you can see all trades and orders easily and which systems are trading in an organized manner on one screen.

Where are servers located?

Servers are located nearest to your broker trade server to provide exceptional execution speeds and very low latency. Better execution leads to more profits and less slippage.

Do you modify and optimise systems?

We are constantly creating new automated systems which we will add to the portfolio with no fee. However, we do not optimise our systems. Vendors who optimize their systems every couple of months use indicators and pretend what would have been the best trade to make. A system that needs optimising means a losing system.

How to choose how many contracts to trade?

Quant Savvy users trade all systems with their chosen position size e.g. 1 Emini contract for a minimum $125K initial capital. Every user can choose their own contract size or use the position sizing bot based on these minimum guidelines:

  • One Micro contract is the smallest position that can be traded in Futures markets
  • Each user has a different risk propensity, some users might trade 1 contract for $100K while others might choose to trade 5 contracts for $100k
  • Only the User can input their Initial Capital and how much Risk Per Trade they want to exercise.

Overnight trading or day trading only?

Overnight trading is substantially riskier as trading a very large pooled number of contracts (large trading size) makes almost impracticable to exit positions during the very low liquidity overnight future markets. It means that if you were to exit a large position overnight, you would suffer extensive slippage on markets such as Nasdaq Futures and Dow Jones Futures.

Quant Savvy algo systems are day trading only, as holding overnight negates the initial positive expectancy on the entry and exit. The longer the trade, the more trivial the entry become and the ability to have a large trade sample is greatly diminished when creating the initial system.

System providers who display overnight systems have often never traded a large position size and often create only backtests based on highly liquid scenarios which are misleading and distorted in reality.

Who pays for multicharts?

Users must pay for Multicharts by themselves. Multicharts software costs roughly $66 per month for a yearly subscription. Quant Savvy pays for Multicharts for User trading more than 1 Emini contract.

Who is responsible for logging into the Broker software on the server?

Only you are responsible for logging into the broker software on the server. We do not need your broker credentials, so please keep them safe and do not share them.

Market orders or limit orders?

The current portfolio uses market orders because the number of pooled contracts is large and it would be detrimental to show this order on the visible trade book, other competing algo systems will always target large resting limit orders for liquidity purposes. There is also a tradeoff between more slippage with market orders but the guarantee of entry. Limit orders might have no slippage but you are not always certain to be filled, we have a large pooled order which would most certainly lead to partial fills for many users in most markets.

We work on a tick by tick basis and limiting slippage and fast execution is always our priority. We work on this constantly and we are monitoring every metric to ensure slippage is checked. The systems will seek liquidity and fire orders when the right liquidity conditions are met, they will attempt to achieve positive slippage in certain trades. Slippage and transaction costs are the number one reason why we don’t trade more frequently during the day session, liquidity and scalability is paramount when running a large number of pooled contracts.

On the ES you will rarely get more than 1 tick per trade and that is on over 300 lots/contracts. Someone trading 1 lot/contract with the right execution should get close to zero slippage on the ES,NQ and YM. On the NQ and YM with a large market order you might get 2 to 3 ticks slippage on entry and exit as an average over 100 trades, this is one of the challenges when trading a large contract size and not one lot/contract.

What if the server crashes?

If there is any issue, we will contact the user by their preferred communication channel as soon as we spot the problem. Our technicians monitor all servers and we use server managing software, so we have real-time thumbnails of all servers monitored across our machines. Technicians will periodically cycle through servers during the day session to ensure all trades are correct.

We do not have control over Tradestation issues, that are very rare,  such as disconnections, margin issues, failure to fill trades, software crash, strategy crash. We can only provide a monitoring role as well as ensuring the server hardware is working correctly. Even though we monitor servers we still provide this as a free service and by no means can we guarantee we would spot any issue right away.

With Interactive Brokers, many of our clients use IBController which will automate the IB Gateway login. If we experience a software crash, then the platform will auto reboot the IB Gateway and reconnect the systems to your position.

Ultimately, we are trading low-frequency day trade only systems with built-in fail-safes both automated and with our real-time monitoring of all platforms. We have been providing servers since 2014 and we have only ever encountered a handful of issues since then. We have been doing this for a long time and we are a well-oiled machine in the server monitoring department.

What is your level of redundancy for servers and data connections?

The servers have 99.9% uptime. We have backup servers for each user. Please keep in mind, our systems are day trade only. We have zero correlation on each trade. This means you can never have more than one trade in the same direction. Our technicians will monitor the server for you each and every day at no cost. If there are any issues (very rare during the day trading session) e.g. Tradestation/Interactive Brokers crash or disconnection we will alert users via their preferred method of communication. We have server monitoring software also installed so we are alerted instantly should any issue arise with your platform data, server, connection etc.

When do you update the website?

We try to update our website regularly. However, our priority is systems development and portfolio management rather than marketing. We do not actively seek to add new users – we are referred due to the achievement of the portfolio. We provide the major website updates when the new system is incorporated into the portfolio.

Do i need to have a uk account?

You do not need a UK account. The majority of our users are from the US. You only need a compatible brokerage account and you can subscribe worldwide.

Does quant savvy have access to my money?

Quant Savvy does not handle money. You will use your own brokerage account so you have full control over your account and capital, we recommend Tradestation or Interactive Brokers. You can add funds, withdraw funds or halt trading anytime, as it is your brokerage account. Quant Savvy has no control over your brokerage account.

How much does quant savvy system cost?

Quant Savvy has annual subscriptions based on your initial position size. We pay for your server, hardware and software from our pocket. Click here or call 1-800-820-3275 for more information.

Should i risk all my money with algorithmic trading?

Absolutely not. Algorithmic trading in the Emini Futures market on a relatively short-term basis should be considered a risky investment**. Quant Savvy is not registered CTAs (Commodity Trading Advisor) and can not provide advice unique to your situation. Consult a professional to discuss your specific investment objectives and to determine if our algorithmic trading systems can provide a role in working towards those goals.

Please do not trade our algorithms if you do not have adequate risk capital to allocate towards them.

Does quant savvy guarantee consistent monthly returns?

No, Quant Savvy cannot guarantee that you will make money every month**. The posted trading result is backtested and is not representative of future performance***.

Is quant savvy registered as cta?

No, pursuant to CFTC Rule 4.14(a)(9)(ii) we are not required to register under the Act as a commodity trading advisor.

A person is exempt from registration as a CTA if “[i]t does not engage in . . . [p]roviding commodity trading advice base on, or tailored to, the commodity interest or cash  market positions or other circumstances or characteristics of particular clients.”

No connection issues. Hosting with Quant Savvy means 99% uptime. User can log in as much or as little as he wants – everything will work flawlessly either way.

We ensure the software is working correctly every day. We monitor systems in real-time and provide numerous fail-safes to ensure no errors occur.

We set up everything. No hardware costs for the user. No internet costs or expensive monitoring software are required. Simply log in and view your profits.

Anywhere. Anytime. Our users have access to their unique server 24/7. The server can easily be accessed via PC, Mac, Tablet or event Smartphone. The systems can be turned on and off when the user decides.

Speed. The servers we provide are fast with high spec. Strategic server locations – order fills latency can be less than 1 millisecond in many cases. We fire orders at high speed to ensure slippage costs are limited. The difference between precisely organised automated hardware and software execution relative to human trading is day and night.

TradeStation or Interactive Brokers

We recommend TradeStation as the best broker/software with Interactive Brokers being a close second place – both are excellent brokers with competitive commissions, the platforms are very stable and work well with automated trading systems. However, with all the broker combinations we use we find TradeStation gets superior trade fills.

Quant Savvy systems are compatible with numerous brokers, including OEC, Interactive Brokers, AMP, Tradestation, Dorman Trading, Futures Online etc.

See the list of other compatible brokers: Multicharts brokers.

You use your own broker so you have the complete day to day control over your own account. Don’t give away this control to an underperforming fund manager as they will often tie you up for a year or two; we believe every investor should have access to their money at any time!

AE Portfolio FAQ

Are there multiple trades per day? What is the expected daily profit / loss?

Every system can have multiple trades per day. If you were to trade only the NQ system then understand it is comprised of six subsystems that are combined and trade from one chart. The Subsystems are comprised of three Long systems and three Short systems creating a market neutral balance. . You can and will have multiple trades per day and you can have more than 1 Long Subsystem trade simultaneously.

There can be multiple trades in a day and the average gain in 2021 has been 0.77% on days in which at least one trade was placed for fixed 1 Emini contract position size (this can be skewed heavily by strong winning outliers, fat tails are expected with day trades). The average winning trade for AE Combined Systems without position sizing bot is +$1,556 and the average losing trade is -$1,135.

If I trade 1 Emini per trade and there can be mulitple trades in the same direction, will my position size exceed 1 Emini?

Rare days in backtesting confirm the potential to be Long/Short 8 subsystems (each NQ, ES and YM system is comprised of multiple subsystems). Users trading a fixed position size of 1 Emini contract can potentially have as an example +4 Long YM, +2 Long ES, +2 Long NQ = total Emini +8 across three different markets all at the same time on the same day (each subsystem will have separate entry times, stops and targets). If you set a risk of 2% per trade on your initial capital then on the rare correlated trading days you have the potential risk of 12%.

Days with +8 Emini simultaneously are rare and have only occurred a handful of times in backtesting from 2002 to 2021. However, we do expect +4 Emini contracts in the same direction on an individual day to occur a handful of times per year (average4 times per year). Because the subsystems have different entry times, stops and targets and trading three different markets, many of these correlated trade days will not have highly correlated daily profit and loss.

If you set a fixed position size of 1 Emini contract because multiple systems can trade simultaneously there is the chance on very rare occasions for you to be +8, Emini Long. Because we have multiple systems with the potential of trading in the same direction simultaneously this is why we urge reducing your position size in half or more for the new portfolio relative to the previous Chimera Bot portfolios.

You recommend $125k capital per Emini daily, if you have simultaneous long positions then do I need $125k per Emini?

We advise a minimum of $125k for a setting of 1 Emini – this is just an initial daily setting, in this case, every trade placed on a single day will be 1 Emini increment. Even though at times you will have more than 1 Emini Long or Short we still recommend only $125k minimum and this will cover all trades per day. If three Long Systems place trade simultaneously you will be +3, Emini Long, at your broker and our recommendation is for $125k to cover all 3 Long positions, hence, you do not need $375k to trade 3 Emini at the same time.

We expect on average to be Long or Short with correlated trades to be +2 Emini Long or 2 Emini Short – a recommendation of $125k will suffice all trades made on the day. If your position is +2 Emini Long on a single day and you are trading 1 Emini per trade then the recommendation is still $125k for the day.

Will the Position Sizing Bot trade the same fixed size for each trade made on a single day?

The position sizing bot determines your position size per trade at the start of each day. The bot looks at the current market price, the contract value and the expected volatility and range for that day relative to your risk setting inputs. The bot will then calculate how many contracts Emini/Micro to trade per trade for that day (a new position size will be computed at the start of every new day). The User will set their initial capital input and the amount of risk they require per trade e.g. 2%. We expect on average to be 2 potential long/short correlated positions per day simultaneously so your overall risk will be 2% + 2% = 4% if you are long or short two systems.

On very rare occasions you can even have 8 long or short trades simultaneously so in that case, you will have a combined 16% risk; Users should keep in mind that even though this seems like the risk is extensive on those very rare days, the correlated simultaneous trades in the same direction will never all have the same entry times and each trade will have different stops and targets, therefore, many of the correlated trades can be a mix of winners or losers – we do not expect all simultaneous long/short positions to achieve the same profit/loss for that day.

The position sizing bot will calculate the size at the start of each day for each market and places the same fixed size for each trade for their respective market on a single day e.g. If the position sizing bot calculates based on user risk settings to trade 6 Micro contracts on the NQ, 8 Micro on the ES and 9 Micro on the YM then every NQ trade made that day will trade 6 Micro per trade, every ES trade will trade 9 Micro per trade and every YM trade will be 9 Micro per trade – the position sizing bot will not increase or decrease this daily calculated size just because a simultaneous same direction trade is being placed.

How do I choose how many contracts to trade?

Quant Savvy users trade all systems with their chosen position size e.g. 1 Emini contract for a minimum $125K initial capital. Every user chooses their own contract size based on these minimum guidelines:

  • One Micro contract is the smallest position that can be traded in Futures markets
  • The user must choose their contract sizing by themselves or turn on the Position Sizing Bot (users must understand the basics of the Position Sizing Bot and how it operates) as Quant Savvy do not manage money
  • The Position Sizing Calculator can give guidance on position size recommendations.
  • Each user has a different risk propensity, some users might trade 1 contract for $120K while others might choose to trade 1 contracts for $200K
  • We recommend a minimum of $125k per contract for full Emini contracts (for all trades made on a single day).
  • We recommend a minimum of $12.5k per contract for micro contracts (for all trades made on a single day).

If there can be multiple simultaneous positions, what is the estimated Margin Requirements?

Margin requirements will vary from broker to broker, all systems are day trade only so you will assume day trading margin. Under highly volatile market conditions many broker e.g. INteractive Brokers has been known the increase margin requirements considerably on very short notice so all Users should take this into account (using the Position Sizing Bot we would expect a decrease in the number of contracts being traded during a volatile period anyway which should allievate most margin increase concerns).

Interactive Brokers Individual accounts day trading margin is very high:

  • 1 Emini NQ: $17,723
  • 1 Emini ES: $12,838
  • 1 Emini YM: $9,598

TradeStation:

  • 1 Emini NQ: $4,400
  • 1 Emini ES: $3,300
  • 1 Emini YM: $2,613

Under very rare circumstances for a User not using the Position Sizing Bot and a fixed 1 Emini contract per trade, a day in which we have max 8 Correlated Long Positions across the three different markets can look like: 2 NQ, 2ES and 4 YM for Interactive Brokers you will need margin: $35,446 (NQ trades), $25,676 (ES  trades), $38,392 (NQ trades) = total $99,514 (we recommend $125k for 1 Emini trades in a day which should provide you with over $25k spare margin on a very rare day with 8 correlated positions).

Are the Chimera Bot Systems included in the Alpha Equivalence portoflio? What type of Systems do you deploy?

The AE bots are a total of 19 subsystems trading on the NQ, ES and YM. Some of the best performing bots from the Chimera systems have been included in the AE portfolio and have been permitted to trade more than one market e.g. the Chimera 2 NQ bot now has imperceptibly modified versions that can trade the ES and YM as well as the NQ in the new AE portfolio. There are also a number of new systems included in the portfolio.

The goal is to have many systems trading with medium to low correlation across different markets and placing trades with smaller bets. Using the Position Sizing Bot we can balance performance across different assets and trade volatile markets whilst remaining well within our defined risk parameters. With a Position Sizing Bot trading a volatile market will not induce much more stress than trading a low to moderate volatility market.

Each subsystem is striving to expose distinct market inefficiencies, some systems will target intraday trend following and others will be mean reversion or liquidity seeking. Every single subsystem has dynamic stops and targets and entry intervals.

How can I set the inputs: Initial Capital and % Risk Per Trade for the Position Sizing Bot?

The Position Sizing Calculator can give guidance on position size recommendations.

There will be a guide on your server on how to input your settings which is simply changing the inputs on the charts for the loaded systems. Alternatively, our technical support can adjust inputs for you at your request.

Overnight trading or day trading only?

Overnight trading is substantially riskier as trading a very large pooled number of contracts (large trading size) makes almost impracticable to exit positions during the very low liquidity overnight future markets. It means that if you were to exit a large position overnight, you would suffer extensive slippage on markets such as Nasdaq Futures and Dow Jones Futures.

Quant Savvy algo systems are day trading only, as holding overnight negates the initial positive expectancy on the entry and exit. The longer the trade, the more trivial the entry become and the ability to have a large trade sample is greatly diminished when creating the initial system.

System providers who display overnight systems have often never traded a large position size and often create only backtests based on highly liquid scenarios which are misleading and distorted in reality.

Who is responsible for logging inot the broker software on the server?

Only you are responsible for logging into the broker software on the server. We do not need your broker credentials, so please keep them safe and do not share them.

Market orders or Limit orders?

The current portfolio uses market orders because the number of pooled contracts is large and it would be detrimental to show this order on the visible trade book, other competing algo systems will always target large resting limit orders for liquidity purposes. There is also a tradeoff between more slippage with market orders but the guarantee of entry. Limit orders might have no slippage but you are not always certain to be filled, we have a large pooled order which would most certainly lead to partial fills for many users in most markets.

We work on a tick by tick basis and limiting slippage and fast execution is always our priority. We work on this constantly and we are monitoring every metric to ensure slippage is checked. The systems will seek liquidity and fire orders when the right liquidity conditions are met, they will attempt to achieve positive slippage in certain trades. Slippage and transaction costs are the number one reason why we don’t trade more frequently during the day session, liquidity and scalability is paramount when running a large number of pooled contracts.

On the ES you will rarely get more than 1 tick per trade and that is on over 300 lots/contracts. Someone trading 1 lot/contract with the right execution should get close to zero slippage on the ES,NQ and YM. On the NQ and YM with a large market order you might get 2 to 3 ticks slippage on entry and exit as an average over 100 trades, this is one of the challenges when trading a large contract size and not one lot/contract.

Is the AE performance live or backtested?

The AE Portfolio has only been live a couple of months. It does include the best performing systems from the Chimera portfolio which can now trade across different markets. We will continue to track the live performance over the coming months.

There will be no issues trading the portfolio from a technical standpoint and things should be a lot easier than trading the current Chimera portfolio as all NQ, ES and YM systems will trade from a single chart.

What data feeds will I need?

CBOT, CME

Is Quant Savvy New To The Web Scene?

We launched the Quant Savvy website and have been providing systems to retail users since 2014. Quant Savvy has been creating algorithmic trading strategies since 2006. However, with new technology making it more and more affordable for retail traders to have their own automated system, we have made the push to provide this software to retail users and small money managers to level the playing field with the greedy under-performing hedge funds.

What Happens After I Subscribe?

You choose a compatible broker. If you host on Quant Savvy servers you do not have to do anything but login to your server any time to view your winning system. We will setup an individual VPS for you and you will log in to your platform and we will connect the systems. 100% support is provided every day.

How Do The Systems Trade And Place Automatic Orders With My Broker?

Your Quant Savvy systems are loaded into Multicharts/Tradestation automated software. The systems generate trading orders automatically which are then transmitted in real time to your broker. The broker then executes the orders. Each system will manage all aspects of the trade for you automatically, from entry to exit.

The systems are dynamic and not static meaning they react to live data coming into the market. Before any trade is placed the systems calculate the risk and expected payoff and will always have dynamic stops and targets in place.

How Do I Setup My Systems So I Can View Trades Made On A Chart?

Many of our users are day traders so they like to view systems running on a chart in real-time. In Multicharts/Tradestation you can easily run your system on live charts. You will be able to see your system live trading positions, open profit and loss and also the ability to manually exit positions. It is like viewing somebody else trade for you.

We set up your server which you can log in to 24/7, there you can see all trades and orders easily and which systems are trading in an organized manner on one screen.

Where Are Servers Located?

Servers are located nearest to your broker trade server to provide exceptional execution speeds and very low latency. Better execution leads to more profits and less slippage.

Do You Modify And Optimise Systems?

We are constantly creating new automated systems which we will add to the portfolio with no fee. However, we do not optimise our systems. Vendors who optimize their systems every couple of months use indicators and pretend what would have been the best trade to make. A system that needs optimising means a losing system.

How To Choose How Many Contracts To Trade?

Quant Savvy users trade all systems with their chosen position size e.g. 1 Emini contract for a minimum $125K initial capital. Every user can choose their own contract size or use the position sizing bot based on these minimum guidelines:

  • One Micro contract is the smallest position that can be traded in Futures markets
  • Each user has a different risk propensity, some users might trade 1 contract for $100K while others might choose to trade 5 contracts for $100k
  • Only the User can input their Initial Capital and how much Risk Per Trade they want to exercise.

Overnight Trading Or Day Trading Only?

Overnight trading is substantially riskier as trading a very large pooled number of contracts (large trading size) makes almost impracticable to exit positions during the very low liquidity overnight future markets. It means that if you were to exit a large position overnight, you would suffer extensive slippage on markets such as Nasdaq Futures and Dow Jones Futures.

Quant Savvy algo systems are day trading only, as holding overnight negates the initial positive expectancy on the entry and exit. The longer the trade, the more trivial the entry become and the ability to have a large trade sample is greatly diminished when creating the initial system.

System providers who display overnight systems have often never traded a large position size and often create only backtests based on highly liquid scenarios which are misleading and distorted in reality.

Who Pays For Multicharts?

Users must pay for Multicharts by themselves. Multicharts software costs roughly $66 per month for a yearly subscription. Quant Savvy pays for Multicharts for User trading more than 1 Emini contract.

Who Is Responsible For Logging Into The Broker Software On The Server?

Only you are responsible for logging into the broker software on the server. We do not need your broker credentials, so please keep them safe and do not share them.

Market Orders Or Limit Orders?

The current portfolio uses market orders because the number of pooled contracts is large and it would be detrimental to show this order on the visible trade book, other competing algo systems will always target large resting limit orders for liquidity purposes. There is also a tradeoff between more slippage with market orders but the guarantee of entry. Limit orders might have no slippage but you are not always certain to be filled, we have a large pooled order which would most certainly lead to partial fills for many users in most markets.

We work on a tick by tick basis and limiting slippage and fast execution is always our priority. We work on this constantly and we are monitoring every metric to ensure slippage is checked. The systems will seek liquidity and fire orders when the right liquidity conditions are met, they will attempt to achieve positive slippage in certain trades. Slippage and transaction costs are the number one reason why we don’t trade more frequently during the day session, liquidity and scalability is paramount when running a large number of pooled contracts.

On the ES you will rarely get more than 1 tick per trade and that is on over 300 lots/contracts. Someone trading 1 lot/contract with the right execution should get close to zero slippage on the ES,NQ and YM. On the NQ and YM with a large market order you might get 2 to 3 ticks slippage on entry and exit as an average over 100 trades, this is one of the challenges when trading a large contract size and not one lot/contract.

What If Server Crashes?

If there is any issue, we will contact the user by their preferred communication channel as soon as we spot the problem. Our technicians monitor all servers and we use server managing software, so we have real-time thumbnails of all servers monitored across our machines. Technicians will periodically cycle through servers during the day session to ensure all trades are correct.

We do not have control over Tradestation issues, that are very rare,  such as disconnections, margin issues, failure to fill trades, software crash, strategy crash. We can only provide a monitoring role as well as ensuring the server hardware is working correctly. Even though we monitor servers we still provide this as a free service and by no means can we guarantee we would spot any issue right away.

With Interactive Brokers, many of our clients use IBController which will automate the IB Gateway login. If we experience a software crash, then the platform will auto reboot the IB Gateway and reconnect the systems to your position.

Ultimately, we are trading low-frequency day trade only systems with built-in fail-safes both automated and with our real-time monitoring of all platforms. We have been providing servers since 2014 and we have only ever encountered a handful of issues since then. We have been doing this for a long time and we are a well-oiled machine in the server monitoring department.

What Is Your Level Of Redundancy For Servers And Data Connections?

The servers have 99.9% uptime. We have backup servers for each user. Please keep in mind, our systems are day trade only. We have zero correlation on each trade. This means you can never have more than one trade in the same direction. Our technicians will monitor the server for you each and every day at no cost. If there are any issues (very rare during the day trading session) e.g. Tradestation/Interactive Brokers crash or disconnection we will alert users via their preferred method of communication. We have server monitoring software also installed so we are alerted instantly should any issue arise with your platform data, server, connection etc.

When Do You Update The Website?

We try to update our website regularly. However, our priority is systems development and portfolio management rather than marketing. We do not actively seek to add new users – we are referred due to the achievement of the portfolio. We provide the major website updates when the new system is incorporated into the portfolio.

Do I Need To Have A Uk Account?

You do not need a UK account. The majority of our users are from the US. You only need a compatible brokerage account and you can subscribe worldwide.

Does Quant Savvy Have Access To My Money?

Quant Savvy does not handle money. You will use your own brokerage account so you have full control over your account and capital, we recommend Tradestation or Interactive Brokers. You can add funds, withdraw funds or halt trading anytime, as it is your brokerage account. Quant Savvy has no control over your brokerage account.

How Much Does Quant Savvy System Cost?

Quant Savvy has annual subscriptions based on your initial position size. We pay for your server, hardware and software from our pocket. Click here or call 1-800-820-3275 for more information.

Should I Risk All My Money With Algorithmic Trading?

Absolutely not. Algorithmic trading in the Emini Futures market on a relatively short-term basis should be considered a risky investment**. Quant Savvy is not registered CTAs (Commodity Trading Advisor) and can not provide advice unique to your situation. Consult a professional to discuss your specific investment objectives and to determine if our algorithmic trading systems can provide a role in working towards those goals.

Please do not trade our algorithms if you do not have adequate risk capital to allocate towards them.

Does Quant Savvy Guarantee Consistent Monthly Returns?

No, Quant Savvy cannot guarantee that you will make money every month**. The posted trading result is backtested and is not representative of future performance***.

Is Quant Savvy Registered As Cta?

No, pursuant to CFTC Rule 4.14(a)(9)(ii) we are not required to register under the Act as a commodity trading advisor.

A person is exempt from registration as a CTA if “[i]t does not engage in . . . [p]roviding commodity trading advice base on, or tailored to, the commodity interest or cash  market positions or other circumstances or characteristics of particular clients.”

No connection issues. Hosting with Quant Savvy means 99% uptime. User can log in as much or as little as he wants – everything will work flawlessly either way.

We ensure the software is working correctly every day. We monitor systems in real-time and provide numerous fail-safes to ensure no errors occur.

We set up everything. No hardware costs for the user. No internet costs or expensive monitoring software are required. Simply log in and view your profits.

Anywhere. Anytime. Our users have access to their unique server 24/7. The server can easily be accessed via PC, Mac, Tablet or event Smartphone. The systems can be turned on and off when the user decides.

Speed. The servers we provide are fast with high spec. Strategic server locations – order fills latency can be less than 1 millisecond in many cases. We fire orders at high speed to ensure slippage costs are limited. The difference between precisely organised automated hardware and software execution relative to human trading is day and night.

TradeStation or Interactive Brokers

We recommend TradeStation as the best broker/software with Interactive Brokers being a close second place – both are excellent brokers with competitive commissions, the platforms are very stable and work well with automated trading systems. However, with all the broker combinations we use we find TradeStation gets superior trade fills.

Quant Savvy systems are compatible with numerous brokers, including OEC, Interactive Brokers, AMP, Tradestation, Dorman Trading, Futures Online etc.

See the list of other compatible brokers: Multicharts brokers.

You use your own broker so you have the complete day to day control over your own account. Don’t give away this control to an underperforming fund manager as they will often tie you up for a year or two; we believe every investor should have access to their money at any time!

INITIAL CAPITAL RISK PROFILES

See expectations based on different risk profiles – each investor has different risk tolerance and profiles should be adjusted relative to market price and volatility. Futures Trading has large potential reward but also large potential risk.

It is not appropriate for all investors – do not trade with money you cannot afford to lose.

Results based on Intial Capital$20,000$50,000$100,000$200,000$300,000
2021$24,215 $57,164 $116,351 $229,127 $346,706
2020$49,981 $119,524 $242,974 $484,131 $727,377
2019$46,857 $117,548 $234,955 $470,128 $704,365
2018$41,996 $99,558 $199,075 $396,300 $595,128
2017$13,808 $35,002 $70,645 $141,184 $211,517
Net Gain Since 2002$780,155 $1,933,122 $3,874,246 $7,736,607 $11,609,140
$ Avg Monthly Gain$3,483 $8,630 $17,296 $34,538 $51,827
% Avg Monthly Gain17.41%17.26%17.30%17.27%17.28%
% Avg Annual Gain208.97%207.12%207.55%207.23%207.31%
Avg Winning Trade$315 $785 $1,569 $3,137 $4,707
Avg Losing Trade-$256 -$639 -$1,276 -$2,552 -$3,830
Avg Winning Day$ 660$ 1,645$ 3,292$ 6,578$ 9,870
Avg Losing Day-$ 524-$ 1,312-$ 2,616-$ 5,237-$ 7,857
Max Drawdown-$13,373 -$33,213 -$66,703 -$133,328 -$199,984
Max Drawdown %-66.86%-66.43%-66.70%-66.66%-66.66%
Trades Per Month5858585858
Total All Systems Trades1308913089130891308913089
Results based on Intial Capital$20,000$50,000$100,000$200,000$300,000
2021$16,790 $43,860 $84,735 $172,018 $257,725
2020$38,949 $88,754 $183,759 $362,516 $544,892
2019$34,230 $87,430 $177,546 $352,797 $529,663
2018$27,455 $74,642 $148,686 $298,948 $446,036
2017$10,531 $26,164 $52,882 $105,619 $158,348
Net Gain Since 2002$579,465 $1,449,138 $2,905,425 $5,803,525 $8,705,932
$ Avg Monthly Gain$2,587 $6,469 $12,971 $25,909 $38,866
% Avg Monthly Gain12.93%12.94%12.97%12.95%12.96%
% Avg Annual Gain155.21%155.26%155.65%155.45%155.46%
Avg Winning Trade$235 $588 $1,177 $2,354 $3,530
Avg Losing Trade-$192 -$479 -$958 -$1,915 -$2,873
Avg Winning Day$ 493$ 1,233$ 2,471$ 4,939$ 7,406
Avg Losing Day-$ 395-$ 984-$ 1,962-$ 3,925-$ 5,890
Max Drawdown-$9,930 -$24,939 -$50,036 -$100,005 -$150,101
Max Drawdown %-49.65%-49.88%-50.04%-50.00%-50.03%
Trades Per Month5858585858
Total All Systems Trades1308913089130891308913089
Results based on Intial Capital $20,000 $50,000 $100,000 $200,000 $300,000
2021 $12,031 $28,623 $57,163 $116,351$172,018
2020 $20,509 $62,810 $119,523 $242,973$362,516
2019 $22,257 $59,604 $117,547 $234,955$352,797
2018 $20,144 $47,324 $99,557 $199,075$298,948
2017 $6,859 $17,797 $35,001 $70,645$105,619
Net Gain Since 2002 $382,588 $967,923 $1,933,121 $3,874,246$5,803,525
$ Avg Monthly Gain $1,708 $4,321 $8,630 $17,296$25,909
% Avg Monthly Gain8.54%8.64%8.63%8.65%8.64%
% Avg Annual Gain 102.48%103.71%103.56%103.77%103.63%
Avg Winning Trade $157 $392 $785 $1,569$2,354
Avg Losing Trade $-129 $-319 $-639 $-1,276-$1,915
Avg Winning Day $ 332 $ 822$ 1645 $ 3,292$ 4,939
Avg Losing Day -$ 263 -$ 655 -$ 1,312 -$ 2,616-$ 3,925
Max Drawdown $-6,503 $-16,712 -$33,212 $-66,703-$100,005
Max Drawdown %-32.52%-33.42%-33.21%-33.35%-33.33%
Trades Per Month5858585858
Total All Systems Trades13,08913,08913,08913,08913,089
Results based on Intial Capital$20,000$50,000$100,000$200,000$300,000
2021$4,210 $15,952 $28,624 $57,164 $84,735
2020$11,693 $28,341 $62,811 $119,524 $183,759
2019$12,819 $29,197 $59,604 $117,548 $177,546
2018$6,620 $25,968 $47,324 $99,558 $148,686
2017$3,616 $8,943 $17,798 $35,002 $52,882
Net Gain Since 2002$189,222 $482,299 $967,924 $1,933,122 $2,905,425
$ Avg Monthly Gain$845 $2,153 $4,321 $8,630 $12,971
% Avg Monthly Gain4.22%4.31%4.32%4.32%4.32%
% Avg Annual Gain50.68%51.67%51.85%51.78%51.88%
Avg Winning Trade$76 $196 $392 $785 $1,177
Avg Losing Trade-$65 -$160 -$319 -$639 -$958
Avg Winning Day$ 168$ 413$ 822$ 1,645$ 2,470
Avg Losing Day-$ 126-$ 327-$ 655-$ 1,312-$ 1,961
Max Drawdown-$3,522 -$8,416 -$16,712 -$33,213 -$50,036
Max Drawdown %-17.61%-16.83%-16.71%-16.61%-16.68%
Trades Per Month5858585858
Total All Systems Trades1308913089130891308913089

Contact Us Now

Try our algorithmic trading systems. We will email you pricing and more information about automated trading systems and performance. Our CEO will contact you personally.

Office

Kemp House, City Road
London,
United Kingdom, EC1V 2NX

 

Contact Us

Email: info@quantsavvy.com

US/Canada Toll Free: 1-800-820-3275

Rest of World: 0203 005 5238


    Contact Us Now

    We will email you pricing and more information about algorithmic trading systems. Our CEO will contact you personally.


      Office

      Kemp House, City Road
      London,
      United Kingdom, EC1V 2NX

       

      Contact Us

      Email: info@quantsavvy.com

      US/Canada Toll Free: 1-800-820-3275

      Rest of World: 0203 005 5238