About this template
ERN Friday template
It’s time to share this Bot with the community. It’s my best performing bot by far. It’s the closest I’ve gotten to a P&L curve that is “up and to the right.” It’s a risky strategy that depends on little happening over the weekend and Monday. Only 25% of allocation is used for each trade to follow the Kelly Criterion.
Here’s the performance in my live real money bot since May 30, 2023 to Aug 2023.
In the same period, the SPY is up from $420 to $445 (+6%). A few times it does not fill (low vix, liquidity) and that’s just okay. Just a reminder that this is a risky strategy, making small returns over the weekend. However it's defined risk. Best to allow compounding to do all the work for you and get rich slowly.
