|
1) What is RMX?
RMX is a fully-automated 24 hour day trading system that is designed specifically for the Tradestation platform and trades the E-Mini S&P 500 Futures contract. The system begins trading on Sunday evening on the Globex session at 6pm est and closes its positions the following day at 4:13pm est, approximately 2 minutes before the Regular Trading Hours session closes. The system automatically begins trading again at 4:30pm est about 17 minutes after the previous session ended. The cycle continues automatically every trading day. As long as you have the RMX system set to "ON" to trade, it will continue trading without interruption automatically resetting at the beginning and close of every 24 hour trading cycle. You may purchase the system outright or take a 30 Day Trial of the system and decide to place your purchase within the 30 Day Trial period. 2) If I decide to purchase the 30 Day Trial, will I need to sign the NDA right away?
No. Only if you decide to purchase the system outright do we require the NDA to be signed and faxed to us at 1-888-293-9823 before we can release the unrestricted system to you. The NDA can be found on the Order Page. 3) Can I open a futures account with Tradestation?
RMX is available to active traders at www.tradestation.com. There are 3 steps you will need to take to download RMX to your Tradestation platform, and we will send you all the instructions to you by email. You will need to set your desktop screen saver to "off" and simply keep your computer on for the trading cycle. The current commission at time of this posting at Tradestation is a net $4.70 round-turn, prices may change. To open a Tradestation account to run RMX please contact Mitchel Field at Tradestation at 1-888-853-9748 or 954-652-7409. 4) What is the minimum amount of margin required to trade the RMX strategy?
A minimum of $20,000 is required to open a futures trading account at Tradestation to start trading RMX . The RMX 24 hour strategy default setting is configured to initialize trading with a 1 Lot entry and then trade a 1 Lot thereafter regardless of account size. 5) What is the maximum amount of Lots that can be held at one time in a position for the basic system?
4 Lots maximum. 6) Does RMX utilize a stop-loss?
Yes. When trading the RMX system there are 3 stop-loss markers pre-programmed to protect profits and minimize losses. One marker is positioned in the middle of the grid and the others are positioned at its outer periphery both north and south. 7) How do I purchase the RMX system?
The RMX system is purchased either by a Bank Wire or by Check. The cost to purchase the system outright is $4,250. Once we receive the signed Non-Disclosure Agreement we will then send you banking instructions should you decide to wire funds for payment. 8) How many lots does the strategy trade? Can I modify this? The E-mini strategy trades 1 Lot for the first trade of the day and then trades in 1 Lot increments for the remainder of the 24 hour session. Depending on margin requirements the amount of lots traded can be increased with Tradestation. The RMX software allows for an unlimited amount of Lots to be traded for the system, by a simple click of a tab offered in the software you can change the number of Lots you wish to trade. 9) Will I be able to withdraw funds from my trading account once I am set up to trade the RMX system?
Yes. You always have complete control of your trading account. You can quickly withdraw or add funds to your futures account at any time by contacting your broker with immediate instructions. 10) Once I Purchase or Trial, how long will it take to start trading my new account?
To open a Tradestation account to run RMX please contact Mitchel Field at Tradestation at 1-888-853-9748 or 954-652-7409. You will need to personally contact the Tradestation representative in order to set up your new futures account. Generally the time required to be fully operational is usually between 4-8 business days. 11) Is the system available worldwide?
Yes. Even though the trading platforms are headquartered in Fort Lauderdale, FL RMX is available to users around the globe. 12) How many trades does RMX make per month?
Though each month varies, on average the RMX system can make between 150 and 300 trades per month depending on market activity. 13) If I take the 30 Day Trial to test the system, can I then purchase the system outright?
Yes. Once you place your order online for the 30 Day Trial of the system, we will immediately email you the system which will be encoded to expire within 30 days. You can watch the system live and even be able to trade the system Live in your Tradestation account within the 30 day period. Should you decide to purchase the RMX system outright you will need to simply print and sign and fax-in the Non-Disclosure Agreement which is available for print on our Order Page, and then we will email you wire instructions should you decide to wire funds instead of sending a check for payment. We will then immediately email you the unrestricted RMX system once funds have been received. At any time can the RMX system be purchased by faxing us the NDA form signed to 1-888-293-9823. 14) What safeguards do you recommend for my computer screen?
Firstly, we recommend that your computer is continueously connected to a high-speed internet service. The next important step would be to completely remove a screensaver from your computer. Your computer should not be able to hibernate or go into "screensave" mode or "powersave" mode. Your desktop frame should always be open. And finally, "automatic" Windows Updates must be set to either be removed entirely from your computer or set to "ask" if updates are to be downloaded or not, and this would allow you to reply manually to this request. If Windows Updates are set to "automatic" there is a high probability that your computer may reboot itself automatically to download Windows Updates and as a result close your Tradestation platform automatically from your desktop. We suggest simply minimizing your TS screen on your desktop and allow the system to continueously trade without interruption by implementing the above tasks. The trading system should run smoothly without any interruption if these simple steps are followed correctly before trading RMX. Step-by-step details on how to run RMX will be sent to you upon placing your order for Purchase or Trial. Our Technical Support team is available around the clock to guide you and answer any questions you may have about the automated trading system. 15) Will I be able to purchase several 30-Day Trials to test the system?
Sorry. For security, only one trial period is offered per customer. 16) How much time do you think it will take to recoup my $4,250 investment to purchase the RMX system outright?
Based on past performance data of the system, we expect our customers to fully recoup their investment in RMX within the first 60 days of live trading, if trading the Basic system which initializes and trades in 1 Lot increments over the 24 hour cycle.
|
