The session focused on intraday trading analysis, strategy frameworks for "range one" market environments, and system usage, particularly regarding the Gunship algorithm and related tools.
Updates were provided on research and development projects, including journaling systems, new trading models, and the ongoing migration/testing of tools on Ninja Trader.
The team discussed forward and beta testing plans, with special emphasis on process discipline, trade plan development, and peer-review within the Wolf Tank format.
Action items and questions centered around tool debugging, Ninja Trader onboarding, and scheduling of Wolf Tank trade plan presentations.
Action Items
Next week – Valad: Schedule and present trade plan in Wolf Tank session
Next week – Jeff: Present trade model, including non-standard strategies, for peer review
By October 15 – R&D Team: Complete journaling system with risk and drawdown analytics for beta testers
Next 1-2 weeks – Austin & Developer: Debug Gunship algorithm logic and inputs on Ninja Trader, including entry/exits and risk management; forward test with personal and group portfolios
ASAP – Austin & Alpha: Collaborate on learning and troubleshooting Ninja Trader, especially strategy automation and backtesting functionalities
Ongoing – All Boot Camp Attendees: Begin presenting trade plans, regardless of perceived readiness, for feedback and iterative improvement
Review of today's price action emphasized understanding low/high-of-day timing, market overshoot in Asia, London, and New York sessions, and the importance of adaptive range modeling.
Confirmed that in a "range one" day, risk should shift from trend-based trading to range/cash flow models, focusing on levels like P12 mid, 10 basis points, and prior session highs/lows.
The third-hour effect was highlighted as a significant intraday pattern, often leading to reversals or continuations in range days.
Advised that all trade plans for range environments should have clear entry/exit triggers, risk management, and be robust against emotional or unplanned trades.
Trade Plan Development and Wolf Tank Presentation
Reinforced the requirement for attendees to formalize and present their trading business plans, including specific models, performance metrics, and risk protocols.
Emphasized the peer-review process (Wolf Tank) as a non-judgmental opportunity for constructive criticism and validation before risking live capital.
Encouraged all, regardless of current confidence or completeness, to participate and iterate; process and accountability are central to skill development.
Gunship Algorithm & Portfolio System Updates
Gunship performance for the day was reviewed instrument-by-instrument; validations prevented losses on Bitcoin and Oil, while Bonds and Gold had successful trades.
Equity curve and P&L analytics showed Wednesdays improved, with overall portfolio diversification reducing volatility and enhancing cash flow.
Ongoing efforts to port Gunship to Ninja Trader; first draft of the code received, but operational bugs remain, particularly regarding entries, exits, and risk management logic.
Research & Development: Journaling System and New Tools
Demonstrated ongoing buildout of advanced journaling system for historical trade analytics, drawdown analysis, rolling statistics, and risk profiling.
Rollout timeline set for October 15 for beta testers, contingent on developer's return from vacation.
Described new beta tools for session-based probability modeling and multi-bar analytics, set for broader group access after further internal review.
Decision pending on direct boot camp member access to some advanced features until proficiency is established.
Ninja Trader Migration & Training
Discussed current Ninja Trader integration: porting strategies, debugging, input mapping, and user interface quirks.
Plan to leverage experienced users (e.g., Alpha) to support team learning and accelerate effective transition.
Noted that Trading View remains the primary manual charting platform for most, with Ninja Trader primarily for system execution, live data, and deeper analytics.
Best Practices & Execution Discipline
Reiterated importance of trading with a written plan, managing risk, and relying on process over emotions or online influence.
Stressed the need to practice live market execution to progress from proficiency to mastery.
Provided practical advice for order types (market vs. limit) when trading high-volatility levels such as the midnight snap.
Decisions
Proceed with Wolf Tank trade plan presentations for all boot camp attendees — to accelerate learning, accountability, and feedback, regardless of current perceived completeness.
Beta test advanced journaling and analytic tools with selected group members — pending proficiency and after R&D team completes core functionality.
Collaborate on Ninja Trader system debugging and training, leveraging internal expertise and developer calls to accelerate rollout.
Open Questions / Follow-Ups
What is the exact timeline for release of advanced tools to the broader pack trade group beyond beta testers?
Will boot camp members receive phased access to the new analytics and journaling systems, or is full proficiency required first?
Ongoing: Resolve logic/input discrepancies in Gunship algorithm’s Ninja Trader implementation—once developer is available.
Coordination: Confirm scheduled times for upcoming Wolf Tank presentations (Valad, Jeff, others).
Confirm VPS and local resource requirements/recommendations for running Ninja Trader with multiple algorithms efficiently.