Merritt Black

Founder, Head of Trading for @ApterosTrading. Ex Head of Futures for SMB Capital.

Context is king.

[Merritt Black @merrittblack]

ES balancing this week, but, importantly, underneath last week's lower distribution & value.

[Merritt Black @merrittblack]

September a humbling month for the new systematic deploy. Ended -5R result, while the pure strategy, if executed perfectly, was +16R. Ouch.

The underperformance was purely due to some nievety in overall systems/infra. Rollover caused the system to be down, then later in the month systems were halted a few times in an effort to be safe in case something was wrong. Nothing was wrong, but the system would be halted nonetheless. So I need to build it out a bit more to do a better job of recovering after 'problems/anomalies' detected. These halts/outages, as luck would have it, were often the periods where some of the larger winning trades happened.

Onward and upward, working hard, improving and getting these systems dialed in.

[Merritt Black @merrittblack]

We're live now. Come say hey!

[NinjaTrader Live @NTLiveMedia]

Oil and gas lead the way as @AzizSapphire joins The Morning Gap at 8:30 AM ET. ⛽

Then @TTrades_edu breaks down the tape, followed by @merrittblack + @Trading_Boxes trading the reaction live for Trade the Open. 🙌

Watch here: https://t.co/8d0rzW9DN1

[Merritt Black @merrittblack]

Trading live in a few minutes. Come hang.

[NinjaTrader Live @NTLiveMedia]

Guest @fleckcap kicks off The Morning Gap at 8:30 AM ET.

Then @TTrades_edu breaks down the tape, followed by @merrittblack + @Trading_Boxes trading live for Trade the Open. 👏

Tune in: https://t.co/gpKrRmO5sF

[Merritt Black @merrittblack]

got em'

[Merritt Black @merrittblack]

Now tell me that wasn't a fun session!

[Merritt Black @merrittblack]

@paxtrader777 have you ever had one? i have a hard time imagining it on you!

[Merritt Black @merrittblack]

Jimmy Cags and homeless man, after the close. You don't want to miss this one.

[Jim Cagnina @NinjaTrader_Jim]

What are you doing after the close? I'm hanging out with this guy!

Join us for a special episode of Develop Your Edge with @merrittblack

⏰Today, Thursday at 4 PM ET! Let's Go!
https://t.co/8ssho3VdIx

[Merritt Black @merrittblack]

Join me TODAY at the close, I'll be teaching and taking questions on this. Trade LOCATION is key!

[Merritt Black @merrittblack]

This Thursday at the close we're talking Profiles in a no-nonsense kind of way!
https://t.co/HC3e6yV01a

[Merritt Black @merrittblack]

This Thursday at the close we're talking Profiles in a no-nonsense kind of way!
https://t.co/HC3e6yV01a

[Merritt Black @merrittblack]

We are live on NT Live - come hang out. https://t.co/5t4hVBipgG

[Merritt Black @merrittblack]

Someone bookmarked this.

[Merritt Black @merrittblack]

Apteros now has sub-instant payouts. The moment you even think about requesting funds, they show up in your account, 9 minutes before you even click the button.

[Merritt Black @merrittblack]

@shoezqt just something i'm working on

[Merritt Black @merrittblack]

the algo is SO BACK BABY

[Merritt Black @merrittblack]

@superbusycap a little pet project

[Merritt Black @merrittblack]

@AH_Bahman yes, very NADRO heavy.

[Merritt Black @merrittblack]

Live fwd test update; 12 sessions in.

Strategy gotten smacked with 5 losing sessions in a row. (Well within normalcy, but starting to near prior records for most consecutive L's.) August going from +8R to now -3R. Historically this thing goes 0/6 at some point every 32 trades roughly.

Most importantly it's tracking nicely vs the daily backtest-reconcile. Avg slippage less than half a tick.

Having fun with this. Out of my element here, but trying hard!

[Merritt Black @merrittblack]

@AnthonyCrudele Modeling "strong opinions... held loosely" well there.

[Merritt Black @merrittblack]

@humanamongstars Hey there - all internal custom stuff

[Merritt Black @merrittblack]

Would you believe me if i said it exited long and got short around HOD? It's gone 'full-sicko-mode'