Market God Trading Test

Good afternoon! Some of you may know who I am, some of you may not. My name is Nathan Smith, and I’ve known @KingThies for a number of years, having worked with him and had a business with him. Additionally, I’m lucky enough to call him one of my best friends.

The Market God indictor is a trading algorithm written in its entirety by @KingThies, so the first thing I will say is that I have no personal interest in testing it, other than to see what it can do to improve my own trading abilities. I’ve been trading stock options now for 4 years, using a combination of Bollinger Bands, the Keltner Channel, and a few significant moving averages. While I have had significant success in trading using ONLY my setup, (I will post exactly what my setup is in a later post), I’ve decided to pair my setup with the Market God trading indicator. (In essence, when a trade I would normally take is confirmed by the Market God buy or sell signal, I will take the trade: if it is not, I will avoid the trade.)

The way I will test this is very simple. I have loaded a small account with $1,500, and I will evaluate each sell or buy signal from Market God, and evaluate whether a trade will or will not be taken. I will only be trading $SPX options, and in the beginning I’ll be very aggressive on sizing, ($750 or $1,500 positioning to start), simply because of the small starting size of the account. The goal will be to eventually be trading only 5% of the account each time, but I likely won’t reach that size for a few months. The overall goal is to show how Market God can improve my success rate, and profit margins, while helping eliminate mental errors and emotional responses to bad trades. I’ll write a small post at the end of each day focusing on all the signals Market God has given throughout the day, and I’ll post which trades I took, which I didn’t, and why. (Note: I’ll be using only the 5/15 minute timeframes, and I won’t hold anything overnight.)

That’s all for now, cheers and good luck this week!

Nathan