Tender Scribe

Risk management is a core feature of the Intraday Futures Bot. It uses sophisticated algorithms to adjust position sizes based on market volatility and user-defined risk parameters. This ensures that your risk is managed effectively, even during periods of high market volatility.

The bot is designed to react dynamically to market conditions, including unexpected events. It will automatically adjust its trading strategies to protect your capital, employing measures like reducing position sizes or temporarily halting trading if necessary.

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.

• Higher Risk: Overnight trading is significantly riskier due to the difficulty of exiting large positions during low liquidity in overnight futures markets. This can result in extensive slippage, especially in markets like Nasdaq Futures and Dow Jones Futures.
• Day Trading Focus: Quant Savvy’s algorithmic systems are designed for day trading only. Holding positions overnight negates the initial positive expectancy on entry and exit.
• Trade Validity: Longer trades diminish the significance of entry points and reduce the sample size for creating reliable systems.
• Misleading Backtests: System providers offering overnight systems often rely on backtests based on highly liquid scenarios, which do not reflect the challenges of trading large positions. These backtests can be misleading and distorted.

• Multiple Trades: Every system can have multiple trades per day.
• NQ System: If you trade only the NQ system, it includes two subsystems and is traded from one chart. One subsystem is long and the other is short, creating a market-neutral balance.
• Simultaneous Trades: You can have multiple trades per day, including more than one long subsystem trade at the same time.
• Trade Volume: The average winning trade is 0.99%, but this can vary due to strong winning outliers. The maximum number of trades in a single day, long or short, is 4.

• Market Orders: We use market orders due to the large number of pooled contracts. Displaying these orders in the trade book would attract competing algo systems targeting large resting limit orders.
• Slippage Tradeoff: While market orders may incur more slippage, they guarantee entry. Limit orders, though potentially free from slippage, might not get filled, leading to partial fills in many markets.
• Execution Priority: We prioritize limiting slippage and ensuring fast execution, working on a tick-by-tick basis and monitoring every metric constantly.
• Liquidity Conditions: The systems seek liquidity and place orders under optimal conditions, sometimes achieving positive slippage.
• Transaction Costs: Slippage and transaction costs are the main reasons we don’t trade more frequently during the day session. Liquidity and scalability are crucial for large pooled contracts.
• Example Slippage: On the ES, slippage is rarely more than 1 tick per trade for over 300 lots/contracts. For smaller trades (1 lot/contract), slippage should be nearly zero. On the NQ and YM, large market orders may experience 2 to 3 ticks slippage on entry and exit on average over 100 trades.

• Broker Variability: Margin requirements differ between brokers. Our systems are for day trading only, so day trading margins apply.
• High Volatility: In volatile markets, brokers like Interactive Brokers may increase margin requirements on short notice. The Position Sizing Bot adjusts contract numbers during these periods, which should alleviate most margin concerns.
• Interactive Brokers Margins:
  1 Emini NQ: $17,723
  1 Emini ES: $12,838
  1 Emini YM: $9,598
• TradeStation Margins:
  1 Emini NQ: $4,400
  1 Emini ES: $3,300
  1 Emini YM: $2,613
• Rare Circumstances: Without the Position Sizing Bot, having 3 correlated long positions can require significant margin. For example, 1 NQ and 2 ES trades at Interactive Brokers would need $43,499 in margin ($17,723 for NQ and $25,676 for ES). We recommend $125k for trading 1 Emini per day, ensuring over $75k spare margin even on rare days with 3 correlated positions.

The Bot’s latest version has been trading live with Users’ TradeStation and Interactive Brokers accounts since 2024. All results from 2024 are live performances taken directly from a client’s live brokerage account. From 2007 to 2024, we show only backtested performance data, including all commissions and slippage.

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

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.

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 a registered CTA (Commodity Trading Advisor) and cannot provide advice unique to your situation. Consult a professional to discuss your specific investment objectives and 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.

Yes, we offer a demo of the Intraday Futures Bot. Contact us to schedule a demonstration and see how our system can enhance your trading strategy.

In case of any technical issues, our Quant Savvy team can provide additional hardware and software support. If we spot an issue, we will contact you via your preferred communication channel.

Our technicians monitor all server hardware and software, and we strive to resolve any issues promptly to ensure uninterrupted trading.

• The Position Sizing Bot: Determines your position size per trade at the start of each day. It considers the current market price, contract value, and expected volatility for that day relative to your risk settings. The bot then calculates the number of contracts (Emini/Micro) to trade for that day, with a new position size computed daily.
• Here’s how it works:
• Initial Settings: Users set their initial capital and risk per trade, e.g., 2%.
• Daily Calculation: On average, expect two potential long/short correlated positions per day. This means your overall risk will be 4% (2% + 2%).
• Rare Occasions: Occasionally, there may be three simultaneous long or short trades, resulting in a combined 6% risk. These trades will have different entry times, stops, and targets, so the outcomes can be a mix of winners and losers.
• Consistency: The position sizing bot calculates the size for each market at the start of the day. For example, if it calculates 6 Micro contracts for the NQ, 8 for the ES, and 9 for the YM, then every trade on that day will follow these sizes. It will not change the size based on simultaneous trades in the same direction.
• This ensures that each trade is managed according to your specified risk parameters, providing a structured and consistent approach to position sizing.

• Quant Savvy Trading Options: Quant Savvy users have two options for trading:
• Fixed Position Size: Users can trade manually with a fixed position size, such as 1 Emini contract for a minimum $125K initial capital.
• Position Sizing Bot: Users can opt for the dynamic Position Sizing Bot, which adjusts positions automatically.
• Guidelines:
• Minimum Contracts: One Micro contract is the smallest position that can be traded in Futures markets.
• User Choice: Users must choose their contract size themselves or use the Position Sizing Bot. It’s important to understand how the Position Sizing Bot operates, as Quant Savvy does not manage money.
• Position Sizing Calculator: This tool can provide guidance on position size recommendations.
• Risk Propensity: Each user has different risk levels; some might trade 1 contract for $120K, while others might prefer $200K.
• Recommendations:
• Emini Contracts: Minimum $125K per contract (for all trades made on a single day).
• Micro Contracts: Minimum $12.5K capital per contract (for all trades made on a single day).
• These guidelines help ensure that users trade within their risk tolerance and capital availability.

Rare days in backtesting have shown the potential to be Long/Short across three subsystems. Each of the NQ, ES, and YM systems is comprised of multiple subsystems. Here’s how it works:

• Example Scenarios: Users trading a fixed position size of 1 Emini contract can have combinations such as:

  • +1 Long ES, +1 Long NQ, +1 Long YM
  • -1 Short YM, -1 Short ES, -1 Short NQ
  • Total Emini positions could be +3 or -3 across three different markets on the same day.

• Separate Entry Times: Each subsystem will have separate entry times, stops, and targets.

• Risk Management: If you set a risk of 3% per trade on your initial capital, then on rare correlated trading days, you could face a potential risk of 9%.

• Frequency of Rare Days: Days with +3 or -3 Emini simultaneously are very rare and have only occurred a handful of times in backtesting from 2007 to 2024.

• Correlation Impact: Because the subsystems have different entry times, stops, and targets, and are trading three different markets, many of these correlated trade days will not result in highly correlated daily profit and loss.

This approach helps manage risk effectively while taking advantage of opportunities across multiple markets.

• Initial Setting: We advise a minimum of $125k for a setting of 1 Emini. This is the initial daily setting.
• Trade Increment: Every trade placed on a single day will be in 1 Emini increments.
• Daily Coverage: Even if you have more than 1 Emini Long or Short position, the $125k minimum will cover all trades for the day.
• Multiple Positions: If three long systems place trades simultaneously (+3 Emini Long), the $125k minimum is sufficient. You do not need $375k to trade 3 Emini at the same time.
• Average Correlated Trades: Typically, we expect +2 Emini Long or -2 Emini Short on a single day. The $125k recommendation covers this as well.
• Consistent Recommendation: Whether your position is +2 Emini Long or -2 Emini Short on a single day, the $125k minimum is still recommended.

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.

The bots consist of 9 subsystems trading on the NQ, ES, and YM. We have included some of the best-performing bots from older legacy systems in the portfolio, allowing them to trade more than one market. For example, the Serenity Bot 2 NQ now has slightly modified versions that can also trade the ES and YM. Additionally, there are several new systems in the portfolio.

The goal is to have multiple systems with medium to low correlation across different markets, placing smaller trades. Using the Position Sizing Bot, we can balance performance across different assets and handle volatile markets while staying within our risk parameters. Trading a volatile market with the Position Sizing Bot will not be much more stressful than trading a low to moderate volatility market.

Each subsystem aims to exploit distinct market inefficiencies. Some systems focus on intraday trend following, while others target mean reversion or liquidity seeking. Every subsystem has dynamic stops, targets, and entry intervals.

Your Quant Savvy systems are loaded into Multicharts/Tradestation/Interactive Brokers 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 automatically manage all aspects of the trade for you, 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.

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’s live trading positions, open profit and loss, and also the ability to manually exit positions.

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. Your will have full access to your TradeStation, Multicharts, Interactive Brokers software.

We are constantly creating new automated systems which we will add to the portfolio with no fee. However, we do not optimize 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 optimizing means a losing system.

Servers are located nearest to your broker trade server to provide exceptional execution speeds and very low latency. Server locations are either in Chicago or New York. Better execution leads to more profits and less slippage.

• User Responsibility: Users are responsible for their platform and connection. Even though systems can be fully automated, users should monitor their platform to ensure everything is working correctly.
• Support: The Quant Savvy team can provide additional hardware and software support. If we spot an issue, we will contact the user by their preferred communication channel.
• Monitoring: Our technicians monitor all server hardware and software, but this does not include broker connections or broker data issues. We do not control TradeStation issues such as disconnections, margin issues, failure to fill trades, software crashes, or strategy crashes.
• Technical Role: We can provide a technical support role to ensure server hardware is working correctly. Although we monitor servers and provide this as a free service, we cannot guarantee spotting every issue immediately.
• Interactive Brokers: Many clients use IBController to automate the IB Gateway login. If we experience a software crash, the platform will auto-reboot the IB Gateway and reconnect the systems to your position.
• System Reliability: We trade low-frequency day trade-only systems with built-in fail-safes, both automated and with real-time monitoring of all platforms.

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. It is the user’s responsibility to ensure they monitor their platform for disconnections during the trading session. The systems can be fully automated, but users should monitor the platform to ensure everything is working as it should.

The servers have 99.9% uptime. We have backup servers for each user. Please keep in mind our systems are day trade only. Our technicians will monitor the server hardware for you each and every day at no cost.

Setting up the Intraday Futures Bot is straightforward. Once you subscribe, we will provide you with a detailed setup guide. Our technical support team is also available to assist you with the installation process, ensuring your bot is configured correctly and ready to trade.

While our bots come with predefined strategies optimized for performance, users have the flexibility to adjust certain parameters such as risk per trade and initial capital. However, the core algorithms remain proprietary and optimized for best results.

Our bot is compatible with several leading brokers, including TradeStation and Interactive Brokers. We recommend using these brokers for optimal performance and seamless integration.

Yes, the bot can be configured to trade on multiple accounts. This is particularly useful for users who manage several portfolios or wish to diversify their trading strategies across different accounts.

The Intraday Futures Bot is compatible with various account types, including Individual, Corporate, and IRA accounts. You can trade seamlessly across these account types using our system.

Quant Savvy has annual subscriptions based on your initial capital. We pay for your server, hardware, and software from our pocket. Contact Us or call 1-800-820-3275 for full pricing details.

We believe in transparent pricing. The subscription fee covers all aspects of the service, including server costs, software updates, and support. There are no hidden fees, and you can find detailed pricing information on our website.

We offer a demo version of the Intraday Futures Bot for prospective users to test its features and performance before committing to a full subscription. Contact our sales team to learn more about the demo version and how to access it.

We accept all major credit cards for payments. Additionally, we can provide local bank wire transfer details in your currency of choice to facilitate the payment process.

Yes, we recommend a minimum of $30k initial capital to start. Most users start with $100k.

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

We offer comprehensive support, including technical assistance for setup and configuration, ongoing maintenance of server hardware, and software updates. Our team is available 24/7 to ensure your trading experience is smooth and hassle-free.

Our team continuously works on improving the algorithms and adding new features. Updates are rolled out periodically to enhance performance and adapt to changing market conditions.

Users are notified of any major updates and guided through the update process.

Yes, we offer a demo of the Intraday Futures Bot. Contact us to schedule a demonstration and see how our system can enhance your trading strategy.

In case of any technical issues, our Quant Savvy team can provide additional hardware and software support. If we spot an issue, we will contact you via your preferred communication channel.

Our technicians monitor all server hardware and software, and we strive to resolve any issues promptly to ensure uninterrupted trading.

We launched the Quant Savvy website and have provided 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.

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.

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 based on, or tailored to, the commodity interest or cash market positions or other circumstances or characteristics of particular clients.”