Summary

The Condor is an S&P 500 E-Mini day trading program. The system has had little optimization since its development nearly 20 years ago. An essential part of the program is good money management in which stops are initiated on every trade and it adheres to the principle of cutting losses short and letting profits run. The Index Trader attempts to identify recurrent patterns in the market, changes in momentum and mathematical algorithms to generate trades. The system will trade both long and short positions. Historically, it is a great diversifier since it has had a very low to slightly negative correlation to the S&P 500 index.