https://stsfutures.com/ 2026-07-03 https://stsfutures.com/about https://stsfutures.com/our-strategies 2026-07-03 https://stsfutures.com/nq-futures-signals 2026-06-18 https://stsfutures.com/pricing https://stsfutures.com/research https://stsfutures.com/tools/prop-firm-drawdown-calculator https://stsfutures.com/tearsheet.html 2026-06-18 https://stsfutures.com/learn/nq-signals-free-trial-what-7-days-proves 2026-07-08 https://stsfutures.com/img/nq-signals-free-trial-what-7-days-proves-week-vs-record-dark.svg A short 7-day trade sequence dips net-negative, shown above the full 15-year STS record: net $1,120,402 over 3,505 trades, 45.5% win rate, 1.57 profit factor, 1.88 to 1 payoff, worst losing streak 14 in a row, max drawdown $28,994 or 17.5%, t-stat 4.9. The week is a random slice of the long curve. https://stsfutures.com/learn/our-worst-losing-streak 2026-07-08 https://stsfutures.com/img/our-worst-losing-streak-14-in-a-row-dark.svg Trade-by-trade win and loss sequence for the STS NQ book, green up for a win and red down for a loss, with a contiguous run of 14 losses in a row highlighted. Below it, the ugly numbers: worst streak 14 trades, largest loss $10,317, max drawdown $28,994 or 17.5%, win rate 45.5%. https://stsfutures.com/img/our-worst-losing-streak-drawdown-band-dark.svg Monte Carlo drawdown band from 10,000 reshuffles of the 3,505 real trades. The realized $28,994 drawdown sits at the 2nd percentile near the calm left edge. The median forward maximum drawdown is about $42,021, and the 95th percentile is about $62,078, with paths extending deeper to the right. https://stsfutures.com/learn/auto-trade-nq-tradingview-script 2026-07-08 https://stsfutures.com/img/auto-trade-nq-tradingview-script-automated-vs-you-dark.svg Two-column diagram. Left, the script automates: watching all five sub-strategies every bar, running the entry and exit math, and firing the alert plotted on your chart. Right, you still do: decide whether to take the trade, place the order at your broker, size for your own risk, and manage the exit. Footer reads the signal is automated, the order is not. https://stsfutures.com/learn/how-to-build-a-profitable-nq-strategy 2026-07-07 https://stsfutures.com/img/tstat-lift-2026-07.svg Per-trade t-stat bar chart: S6 IntradayTrend 2.54, S3 Short 2.61, S2 L-ORB 2.92, S5 Overnight 2.93, S1 Trend 3.28, all below or near the t=3 significance line, while the combined book reaches 4.90. https://stsfutures.com/img/correlation-matrix-2026-07.svg Five-by-five daily-return correlation matrix of the STS NQ subs over 2,542 trading days. The only elevated pair is S1 Trend and S2 L-ORB at 0.46. S3 Short is -0.01 against both morning longs. S6 runs 0.24, 0.16, 0.18 against the intraday subs. S5 Overnight is near zero against everything. Average pairwise correlation is 0.11. https://stsfutures.com/img/return-per-drawdown-2026-07.svg Return per dollar of max drawdown for the STS NQ book versus its subs. S5 Overnight $9.7, S6 IntradayTrend $5.5, S1 Trend $11.5, S3 Short $12.7 as the best single sub, and the combined book at $38.6, about three times the best sub. https://stsfutures.com/img/mc-drawdown-band-2026-07.svg Monte-Carlo drawdown band from 10,000 trade-order reshuffles of the STS NQ book. Realized max drawdown $28,994 sits near the 2nd percentile. The median forward drawdown is $42,021 and the 95th percentile is $62,078. The median dip is about 45 percent deeper than the one realized. https://stsfutures.com/learn/nq-market-open-trend-strategy 2026-07-07 https://stsfutures.com/img/nq-open-profit-share-by-hour-2026-07.svg Bar chart of share of book profit by ET entry hour across 3,505 NQ trades. The 9 ET open bar towers at 59.2 percent ($663k) in blue. The 18 ET overnight reopen is second at 17.1 percent ($192k) in green. Hours 10, 11 and 14 ET are grey at 8.2, 5.8 and 5.0 percent, and 15, 13 and 12 ET trail at 2.0, 1.5 and 1.1 percent. https://stsfutures.com/img/nq-open-profit-vs-winrate-2026-07.svg Combo chart of profit share (blue bars) versus win rate (amber line) by ET entry hour. The 9 ET open has the tallest profit bar at 59.2 percent yet the lowest win rate at 38.6 percent. Win rate climbs across the day to 58.0 percent at 15 ET and 56.3 percent at 18 ET, while profit shares stay small. https://stsfutures.com/img/nq-open-who-owns-9et-2026-07.svg Horizontal bar chart splitting the 9 ET open hour's $663,471 net profit by strategy. S1 Trend owns 49.1 percent ($326k) from 944 trades in green. S3 Short owns 34.0 percent ($225k) from just 185 trades in red. S2 L-ORB owns only 14.4 percent ($96k) despite 444 trades in blue. S6 Universal owns 2.5 percent ($17k) in amber. https://stsfutures.com/img/nq-open-bootstrap-band-2026-07.svg Bootstrap confidence band for the 9 ET open-hour profit. The historical point estimate marker sits at $663,471. The green band spans the 2.5th percentile at $441,131 to the 97.5th percentile at $908k. A caption states 100 percent of 5,000 resampled open-hour paths came out net positive. https://stsfutures.com/learn/nq-overnight-strategy-backtest 2026-07-09 https://stsfutures.com/img/nq-overnight-strategy-tearsheet-card-2026-07.svg Tear-sheet card for the NQ overnight sub: net profit $194,333 over 796 trades in 14 years, 56.3% win rate, profit factor 1.57, Sharpe 2.03, Sortino 3.3, expectancy $244 per trade, max drawdown $20,073, and 0.06 correlation to the day session. https://stsfutures.com/img/nq-overnight-strategy-correlation-bars-2026-07.svg Monthly-return correlation of the NQ overnight sub to each day-session sub: Trend +0.06, opening range +0.19, Short +0.01, intraday trend -0.19, and the day-session composite +0.06, all far below the 0.4 diversifier line. https://stsfutures.com/img/nq-overnight-strategy-mc-floor-2026-07.svg Monte Carlo of the NQ overnight sub: historical net $194,333, median reshuffle $195,918, and 2.5th-percentile floor $89,444, still strongly positive. https://stsfutures.com/img/nq-overnight-strategy-yearly-pnl-2026-07.svg Net P&L by calendar year for the NQ overnight sub: positive in 11 of 14 years, best +$62,076 in 2025, worst -$15,252 in 2018, no losing decade. https://stsfutures.com/learn/topstep-vs-apex-vs-myfundedfutures-rules 2026-07-06 https://stsfutures.com/img/topstep-apex-mffu-core-floor-path-517-2026-07.svg Line chart of a $50,000 micro-scaled account balance over the first 517 trades of the STS NQ book, funded in 2011, with the MyFundedFutures Core 3% trailing floor drawn as a stepped red dashed line beneath it. The balance peaks at $50,669, the Core floor ratchets to $49,169, and at trade #517 on 2013-08-12 an intrabar low of $49,164 dips $5 below the floor and busts the account. A green dashed line marks the $2,000 floors sitting lower at $48,669, never touched. https://stsfutures.com/img/topstep-apex-mffu-order-flip-2026-07.svg Grouped bar chart of the trade number at which a fresh $50,000 micro-scaled account first busts, for three floor rules at one, two and three micros. At one micro the EOD $2,000 and intraday $2,000 floors both survive, and only the MyFundedFutures Core 3% $1,500 floor busts, at trade #517. At two micros Core busts first at #147, the intraday floor at #177, and the EOD floor last at #181. At three micros the intraday floors and Core all bust together at #107, while the EOD $2,000 floors hold 34 trades longer to #141. The rule that breaks first flips from Core at light size to the intraday floors at heavy size. https://stsfutures.com/img/topstep-culprit-sub-2026-07.svg Two 100-percent stacked horizontal bars showing which STS sub-strategy held the open trade at the breaching bar, as a share of each floor's busts at one micro over 2,545 fund dates. MyFundedFutures Core 1,500 dollar floor, 544 busts from 57 distinct breach trades: Short about 36 percent, L-ORB about 27 percent, Overnight about 24 percent, Trend about 10 percent, Univ about 3 percent. Intraday 2,000 dollar floor, 356 busts: Overnight about 40 percent, L-ORB about 32 percent, Short about 19 percent, Trend about 9 percent. The Short sub leads on the tight Core floor while the Overnight sub leads on the intraday floor, and the ordering is directional rather than precise. https://stsfutures.com/img/topstep-apex-mffu-rolling-bust-rate-2026-07.svg Grouped bar chart of the share of 2,545 historical fund dates whose account eventually busts, for three floor rules at one, two and three micros. End-of-day $2,000 floor: 11.0% at one micro, 53.9% at two, 64.8% at three. Intraday $2,000 floor: 14.0%, 59.3%, 73.4%. MyFundedFutures Core 3% $1,500 floor: 21.4%, 62.3%, 74.1%. The Core floor busts the most start dates at every size, and the intraday floor busts more than its end-of-day twin. https://stsfutures.com/img/topstep-consistency-cap-2026-07.svg Bar chart of the single best day as a share of window profit, over the run from trade #1 to the first $3,000 pass, for one, two and three micros, against the 50% consistency cap. The best day is 1.7% at one micro, 2.0% at two micros, and 2.2% at three micros, all tiny slivers far beneath the 50% cap line, which equals a $1,500 max day on a $3,000 target. The consistency cap never binds this book inside an eval window. https://stsfutures.com/img/topstep-jitter-robustness-2026-07.svg Grouped bar chart of the share of 2,545 fund dates whose account busts when every fill is jittered by plus or minus K NQ ticks, for two 2,000 dollar floors, over 5,000 simulations per magnitude. End-of-day 2,000 dollar floor: 0.0 percent at zero jitter, 0.0, 0.1, 1.3, and 4.6 percent at plus or minus one through four ticks. Intraday 2,000 dollar floor: 0.0, 2.9, 13.2, 21.4, and 26.8 percent. A red reference line marks that the MyFundedFutures Core 1,500 dollar floor busts in 100 percent of jittered books at every magnitude. The intraday floor is fragile while the end-of-day floor and the Core floor are not. https://stsfutures.com/learn/eod-vs-intraday-trailing-drawdown 2026-07-06 https://stsfutures.com/img/eod-vs-intraday-rule-concept-2026-07.svg Side-by-side explainer of the two trailing-drawdown rules on the identical first trade of a fresh $50,000 account at three micros per signal. The trade floats plus $592 of open profit then closes at plus $388, with a $2,000 buffer on both. The end-of-day rule watches the closing balance and holds its floor at $48,000. The intraday rule watches the peak including open gains and ratchets its floor up to $48,592 the instant the $592 high prints. The intraday floor sits $592 higher on a trade that ended the same for both. https://stsfutures.com/img/eod-vs-intraday-floor-ramp-2026-07.svg Line chart of two trailing-drawdown floors over the first 17 trades of a fresh $50,000 account at three micros per signal. The intraday floor (red) starts at $48,592 and the end-of-day floor (blue) starts at $48,000, a $592 gap at trade 1. The intraday floor stays above the end-of-day floor the whole ramp; the shaded green band between them is the extra cushion the end-of-day rule provides. Both floors converge and lock at $50,000 by trade 17. https://stsfutures.com/img/eod-vs-intraday-culprit-sub-2026-07.svg Horizontal stacked bar showing which STS sub-strategy is holding the open trade that trips the intraday trailing-drawdown floor on the 215 funding dates that pass the end-of-day rule but bust intraday at three micros per signal. Trend is 35.3%, Overnight Trend 25.6%, Long ORB 21.9%, Short 16.3%, Universal 0.9%. The two momentum-continuation subs, Trend and Overnight Trend, account for 60.9% of the trips. https://stsfutures.com/img/eod-vs-intraday-divergence-by-size-2026-07.svg Bar chart of the share of 2,545 fresh-account funding dates that pass the end-of-day trailing-drawdown rule but bust under the intraday rule, on identical trades. At 1x it is 2.6% (67 dates), at 2x it is 4.2% (108 dates), at 3x it is 8.4% (215 dates). Each bar is labeled with its floor gap: plus $286, plus $501, plus $592. https://stsfutures.com/img/eod-vs-intraday-mc-bust-rate-2026-07.svg Grouped bar chart of bust rates from 10,000 Monte-Carlo reshuffled fresh accounts under each trailing-drawdown rule, on identical trades. At 1x the end-of-day floor busts 17.0% of accounts and the intraday floor busts 24.2%. At 2x it is 47.6% end-of-day versus 55.9% intraday. At 3x it is 54.4% end-of-day versus 63.7% intraday. The intraday floor busts more accounts at every size. https://stsfutures.com/img/eod-vs-intraday-jitter-fragility-2026-07.svg Line chart showing that adding random tick noise to every fill breaks the intraday trailing-drawdown floor but not the end-of-day floor, on the same trades and the same 2,000 dollar buffer. The intraday floor bust rate climbs from 0% at no noise to 2.9%, 13.2%, 21.4%, and 26.8% at plus or minus one through four NQ ticks. The end-of-day floor stays near zero, reaching only 4.6% at the widest noise. https://stsfutures.com/learn/consistency-rule-fat-tails 2026-07-06 https://stsfutures.com/img/consistency-tail-concentration.svg Horizontal bar chart of profit concentration in our 15-year NQ book. The top 1% of trades, 35 of 3,505, made 54.9% of net profit. The top 1% of days, 25 of 2,545, made 44.5%. The other 99% of trades made 45.1% combined. A few trades carry the whole book. https://stsfutures.com/img/consistency-tail-one-sub.svg Stacked bar showing who owns the top 1% of trades in our 15-year NQ book. The top 35 trades made $614,634, 54.9% of net profit. Our Short model owns 61.7% of that tail across 20 trades, our Trend model 31.8% across 12, Universal 4.5%, L-ORB 1.9%. The fat tail is one sub. https://stsfutures.com/img/consistency-window-shrinks.svg Bar chart: the best day's median share of window profit falls as the evaluation window grows. 30 days 35.7%, 60 days 23.2%, one year 6.7%, full 15-year record 4.0%. Dashed red lines mark the 30%, 40%, and 50% consistency caps. Only the 30-day bar rises above the 30% cap line. https://stsfutures.com/img/consistency-vol-regime-bind.svg Grouped bar chart of how often a consistency cap binds in high-vol versus low-vol 30-day windows on our 15-year NQ book. A 30% cap binds 75.5% of high-vol windows vs 59.0% of low-vol, a 40% cap 49.8% vs 27.3%, a 50% cap 29.9% vs 13.6%. The cap bites hardest in high volatility. https://stsfutures.com/img/consistency-30d-share-distribution.svg Histogram of the best day's share of window profit across 2,531 rolling 30-day windows. Bins: 10-20% holds 5% of windows, 20-30% holds 27%, 30-40% holds 29%, 40-50% holds 17%, 50-60% holds 11%, 60-70% 6%, 70-80% 3%, 80-90% 1%. A dashed red line marks the 30% cap; everything to its right binds, which is 67.4% of windows. Mean best-day share 39.2%, median 35.7%. https://stsfutures.com/img/consistency-firm-cap-curve.svg Line chart of how often a consistency cap binds our 15-year NQ book across 30-day windows, plotted against the cap level. At a 30% cap it binds 67.4% of windows, at 40% it binds 38.6%, at 50% it binds 21.7%. The Apex legacy 30% rule is marked at the top of the curve, the MyFundedFutures 50% eval rule at the bottom. Moving the cap from 30% to 50% cuts binding from 67.4% to 21.7%. https://stsfutures.com/learn/script-on-your-chart-vs-screenshots 2026-07-06 https://stsfutures.com/img/drift-table-before-after-2026-07.svg Before-and-after comparison table of our NQ book run 15 days apart across the June 2026 contract roll. Published (captured 2026-06-17) versus the fresh re-run (2026-07-02): total return +1,120.40% to +1,107.33%, a drop of 13.07 points; net P&L $1,120,402 to $1,107,329, down $13,073 or 1.2%; trades 3,505 to 3,496, down 9; win rate 45.5% to 45.5%, flat; profit factor 1.57 to 1.56, flat; average win over average loss $1,937/$1,033 to $1,945/$1,040, flat; max drawdown on the CSV close-of-trade basis $28,994 to $29,014, up $20. Ratio metrics held nearly flat while the point total shifted slightly. https://stsfutures.com/img/drift-magnitude-bars-2026-07.svg Horizontal bar chart of the percent change in each metric of our NQ book from the published run (2026-06-17) to the fresh re-run (2026-07-02) across the June 2026 contract roll. Net P&L, the point total, moved -1.17%, by far the largest bar and shown in red. Every edge metric barely budged: profit factor -0.63%, trades -0.26%, win rate -0.18%, max drawdown +0.07%, average win +0.38%, average loss +0.68%. The point total drifted while the edge metrics stayed within 0.7% of flat. https://stsfutures.com/img/back-adjustment-shift-2026-07.svg Schematic of back-adjustment on a continuous NQ chart. An older expiring contract trades at a lower price level than the new contract that replaces it, leaving a gap at the roll seam. To keep one smooth line, the vendor shifts the entire old-price path up by that gap so it meets the new contract at the seam. The rules never touch those old bars, but every old price moves, so point P&L on old trades moves too and a few borderline trades flip in or out. That is the entire 1.2% drift. https://stsfutures.com/img/first-trade-changed-2026-07.svg Two cards comparing the first trade of our 15-year NQ series before and after the June 2026 roll. Published, captured 2026-06-17: the series opens with a SHORT on 2011-06-24 at 10:10, entry price 2224.50, strategy Short (T2). Fresh re-run, 2026-07-02 post-roll: the series opens with a LONG on 2011-07-11 at 09:45, entry price 2384.50, strategy L-ORB (T1). Different date, different direction, and different price for the opening trade of the same unchanged strategy, because the roll re-based every old bar. https://stsfutures.com/img/screenshot-vs-script-2026-07.svg A screenshot versus a running script for proving a track record. The screenshot is a photo of one run, one day, one feed: captured 2026-06-17 at $1,120,402, and it cannot be reproduced after a roll. Its dot on the quarterly-roll timeline freezes at June and never updates. The running script re-runs on your chart against today's bars: re-run 2026-07-02 at $1,107,329, and it regenerates at every quarterly roll so it stays current. Both dollar figures are correct on their capture date, but only the script lets you check the current number yourself. https://stsfutures.com/learn/invite-only-tradingview-scripts 2026-07-06 https://stsfutures.com/img/invite-only-truth-table-2026-07.svg Two-part truth table for an invite-only TradingView script. What it does: plots our five-strategy NQ engine on your own NQ or ES chart; fires alerts on entries and exits via TradingView native alerts; needs per-username access granted in Manage Script Access. What it does not do: show you its Pine source code because invite-only hides the code; place orders or submit trades because it is an indicator not an auto-trader; connect to your broker or touch funds because it never sees a brokerage account; let us see your account or chart data because we only manage your access. https://stsfutures.com/img/invite-only-publish-matrix-2026-07.svg Comparison of TradingView's three publication types across two questions. Open: code visible to you yes, source shown; anyone can run it. Protected: code hidden; anyone can run it. Invite-only, highlighted as what our script uses: code hidden; invited users only can run it. Invite-only is the only type that both hides the code and limits who can run the script. https://stsfutures.com/img/invite-only-access-lifecycle-2026-07.svg Four-step access lifecycle for an invite-only TradingView script. Step 1, you subscribe: on stsfutures.com you give us your TradingView username. Step 2, we grant access: we add your username in the Manage Script Access dialog, with an expiry we can change at any time. Step 3, it appears for you: the script shows up under your Invite-Only Scripts tab in your Indicators library. Step 4, you add it and watch: it plots our engine on your own feed and fires the alerts, and it places no orders. https://stsfutures.com/img/invite-only-screenshot-vs-script-2026-07.svg Side-by-side contrast of two levels of proof for the same signals. Left, in red: a screenshot someone sends you is a static image that could be cropped from one good week, so you cannot check it and you have to believe it. Right, in green: our script on your own chart runs live logic on your live bars and redraws its signals in front of you, so you can verify it bar by bar. https://stsfutures.com/img/invite-only-book-scorecard-2026-07.svg Scorecard of the STS NQ book the invite-only script plots, recomputed from the 3,505-trade export: 5 systematic NQ strategies run as one book; 3,505 trades in the published record; $1,120,402 net P&L backtested 2011 to 2026; 45.5% win rate across the full record; 1.57 profit factor (gross win over gross loss); 15-year backtest window from June 2011 to June 2026. https://stsfutures.com/learn/nq-account-size-reality-check 2026-07-06 https://stsfutures.com/img/nq-sub-attribution-tornado-2026-07.svg Tornado chart: how much the 95%-case Monte Carlo drawdown of the full book falls if each of the five strategies is removed. Trend (S1) removed lowers it by $6,543, L-ORB (S2) by $2,198, Short (S3) by $1,994. Univ (S6) removed raises it by $956 and Overnight (S5) by $1,667, so those two are net drawdown-dampers. Trend is the single largest driver of the small-account drawdown. https://stsfutures.com/img/nq-account-size-survival-heatmap-2026-07.svg Heatmap: probability that the 15-year Monte Carlo maximum drawdown exceeds the account, by position size (1 micro up to full mini scale) and starting capital ($10k, $25k, $50k, $100k, $165k). Cells run green at low risk to red where the drawdown outruns the account. Full mini scale on $25k is 99.9% red; on $50k it is 22.4%; on $100k it is 0.1%. One micro is safe from $10k up. 10,000 trade-shuffle Monte Carlo paths on the live 3,505-trade v8 book, 2011 to 2026. https://stsfutures.com/img/nq-mc-dd-distribution-2026-07.svg Histogram of the worst peak-to-trough drawdown across 10,000 reshuffles of the 3,505-trade book at full mini scale. The mass peaks around $35k to $45k. A dashed amber line marks the realized $28,994 drawdown far in the left tail (2nd percentile), a blue line marks the $42,021 median reshuffle at the peak of the distribution, and a red line marks the $62,078 95%-case out in the right tail. The realized drawdown was luckier than 98% of the reshuffled orderings. https://stsfutures.com/img/nq-micro-scaling-p95-2026-07.svg Horizontal bar chart of the 95%-case Monte Carlo max drawdown by position size: 1 micro $6,208, 2 micros $12,416, 3 micros $18,623, 5 micros $31,039, full mini scale $62,078. Each bar is annotated with how often it exceeds a $10k account (0.1%, 22.4%, 88.7%, 100%, 100%). Only 1 micro (green) fits inside a $10k account; dashed lines mark the $10k and $25k account sizes. The drawdown grows one for one with the number of micros held. https://stsfutures.com/img/nq-micro-capacity-ladder-2026-07.svg Horizontal bar chart of the maximum number of MNQ micros each account can carry at the 95% rule (hold at least $6,500 per micro): $10k holds 1 micro, $25k holds 3, $50k holds 7, $100k holds 15 (one mini plus five), $165k holds 25 (two minis plus five). A dashed reference line marks 10 micros equals 1 mini, so a full mini only fits at about $62k and up. https://stsfutures.com/img/nq-iid-vs-block-bootstrap-2026-07.svg Grouped bar chart comparing full-book Monte Carlo max drawdown two ways: the iid trade-shuffle we publish (median $42,021, p95 $62,078, p99 $75,392) against a streak-preserving moving-block bootstrap (median $32,658, p95 $47,027, p99 $54,870). Every streak-preserving bar sits below its iid counterpart, so preserving the real loss-clustering shrinks the drawdown rather than deepening it. The published $62,078 p95 buffer is the conservative one. https://stsfutures.com/learn/how-to-audit-a-trading-track-record 2026-07-06 https://stsfutures.com/img/audit-scorecard-2026-07.svg Audit scorecard table with seven rows, each a check to demand from any trading track record next to the STS NQ book's own number and grade. Row 1 sample size, bar 200-plus trades multi-year, ours 3,505 trades 2011 to 2026, PASS. Row 2 t-stat edge versus luck, bar t greater than 3, ours 4.9 for the book but only 1 of 5 sub-strategies clears alone, PASS as a book. Row 3 per-era profit factor, bar PF greater than 1 in every era, ours 1.06 rising to 1.21 to 1.46 to 1.92, PASS. Row 4 costs included, bar commissions plus slippage in, ours about 4 dollars 10 cents round-turn on every fill, PASS. Row 5 drawdown honesty, bar the percent must state its denominator, ours 28,994 dollars equal to 2.6 percent of net or 3.1 percent of the peak it fell from or 29 percent of a 100k account, PASS. Row 6 forward drawdown, bar quoted from a reshuffle not the realized best case, ours realized at the 2nd percentile so size for about 42 percent, PASS. Row 7 losing periods shown, bar negative years and months published, ours 2 down years and 59 down months, PASS. https://stsfutures.com/img/per-strategy-tstat-2026-07.svg Bar chart of t-statistic per strategy against a t equals 3 threshold line. Trend sleeve 3.28, a green bar above the line, the only sub that clears alone. Four red bars below the line: Sub 2 at 2.92, Short at 2.61, Sub 4 at 2.93, Intraday at 2.54. A tall blue bar on the right shows the combined book at 4.90, well above the line, labeled all five combined. An amber dashed line marks the t equals 3 Harvey-Liu-Zhu bar. https://stsfutures.com/img/per-sub-pf-vs-tstat-2026-07.svg Two side-by-side bar lanes, one row per NQ sub-strategy, read across. Left lane is profit factor, every bar green and past the PF equals 1 line: Trend 1.53, L-ORB 1.32, Short 2.12, Overnight 1.57, Universal 1.73. Right lane is t-statistic against an amber t equals 3 gate: only Trend clears it at 3.28 as a green bar; L-ORB 2.92, Short 2.61, Overnight 2.93 and Universal 2.54 fall short as red bars. Same five sleeves, graded winner by profit factor and luck by the t-stat, so profit factor calls all five winners while the t-stat clears only one. https://stsfutures.com/img/per-era-profit-factor-2026-07.svg Bar chart of profit factor by non-overlapping four-year era for the NQ book, with a red dashed break-even line at 1.0. Four green bars rising left to right: 2011 to 2014 profit factor 1.06 on 890 trades, 2015 to 2018 profit factor 1.21 on 1,002 trades, 2019 to 2022 profit factor 1.46 on 863 trades, 2023 to 2026 profit factor 1.92 on 750 trades. An amber trend line connects the bar tops to show the monotonic rise. Every era sits above the 1.0 break-even bar. https://stsfutures.com/img/drawdown-three-denominators-2026-07.svg Horizontal bar chart showing the identical 28,994 dollar worst-dollar drawdown expressed as three different percentages against three different denominators. Green bar, 2.6 percent of final net profit of 1,120,402 dollars, labeled flattering. Blue bar, 3.1 percent of the 928,543 dollar equity peak it fell from. Red bar, 29.0 percent of a 100,000 dollar starting account, the harshest read. A note warns that a track record quoting a drawdown percent without its denominator is hiding the ball. https://stsfutures.com/img/drawdown-confidence-band-2026-07.svg Confidence-band chart of max drawdown as a percent of a 100,000 dollar account. A blue marker sits at the realized 28,994 dollars, 29 percent of the account, labeled what we lived. A green streak-preserving block-reshuffle band runs from a 24 percent floor through a 33 percent median to a 51 percent upper edge. A red simple i.i.d. reshuffle band runs from a 42 percent median to a 62 percent bad case. The realized 29 percent sits at the shallow left end of the block band, below both medians, showing it was a favorable draw and the typical future drawdown is deeper. https://stsfutures.com/img/losing-periods-2026-07.svg Bar chart of net profit by year for the NQ book from 2011 to 2026, with a zero line. Two red bars below zero mark the only losing years: 2012 at minus 240 dollars and 2013 at minus 778 dollars, both labeled. Every other year is a green bar above zero, growing from a few thousand dollars in the early years to 267,453 dollars in 2025. A red callout box notes the worst losing streak of 14 trades in a row for minus 7,412 dollars, August 26 to September 30, 2015, equal to 0.66 percent of net. https://stsfutures.com/learn/combine-reset-math 2026-07-06 https://stsfutures.com/img/combine-reset-attempts-dist-2026-07.svg Bar chart of how many combine attempts it takes to get funded on the TopStep $50k account at one micro, where each attempt passes 59.8% of the time. 59.8% of traders are funded on attempt one, 24.0% on attempt two, 9.7% on attempt three, 3.9% on attempt four, and 2.6% need five or more. Cumulatively 83.8% are funded by the second attempt and 93.5% by the third. The median is one attempt, p90 is three, mean is 1.67. Geometric from the live 15-year NQ book, TopStep standard path, rules 2026-07-03, hypothetical. https://stsfutures.com/img/combine-reset-cost-by-size-2026-07.svg Bar chart: median all-in cost to pass the TopStep $50k combine by contract size, with the p90 unlucky-case cost marked above each bar. One micro passes 60% per attempt and costs a median $443 all-in, p90 $786. Two micros pass 30% per attempt yet cost a median $345, p90 $639, the cheapest of the three. Three micros pass 18% per attempt and cost $394, p90 $835. Trade-shuffle Monte-Carlo over the live 15-year NQ book, TopStep standard path, rules captured 2026-07-03, hypothetical. https://stsfutures.com/img/combine-reset-attempt-months-2026-07.svg Bar chart of the median whole months one $50k combine attempt lasts, by contract size, on the live 15-year NQ book. One micro runs a median 6 months per attempt, two micros run 4 months, three micros run 5 months. An arrow marks that stepping from one micro to two micros cuts 2 fee-months off every failed try. Since TopStep bills by the whole month, a shorter attempt dodges a fee, which is why two micros costs less despite passing half as often. Trade-shuffle Monte-Carlo, TopStep standard path, rules 2026-07-03, hypothetical. https://stsfutures.com/img/combine-reset-cost-ci-2026-07.svg Dot-and-whisker chart of median all-in cost to pass the $50k combine with a 95% confidence band from 1,000 streak-preserving resampled histories. One micro: median $443, band $394 to $492. Two micros: median $345, band $296 to $394. The two-micro band's top, $394, sits at the one-micro band's bottom and below the one-micro median of $443, marked with a dashed reference line, so the bands barely overlap. Two micros beat one micro on median cost in 99% of resampled histories. Moving-block bootstrap, 20-trade blocks, hypothetical. https://stsfutures.com/img/combine-reset-cost-by-account-2026-07.svg Combo chart: median all-in cost to get funded (green bars) versus per-attempt pass rate (blue dots on a right axis) for the TopStep $50k, $100k and $150k combines at one micro per signal. The $50k account passes 59.8% per attempt and costs a median $443. The $100k passes 81.5% and costs $1,139. The $150k passes 94.0% and costs $3,134. Pass rate climbs with account size while cost climbs far faster. Live 15-year NQ book, TopStep standard path, rules 2026-07-03, hypothetical. https://stsfutures.com/learn/cost-of-skipping-trades 2026-07-06 https://stsfutures.com/img/skip-rules-pnl-given-up-2026-07.svg Horizontal bar chart of profit given up by five loss-avoidance rules on the STS NQ book, against the $1,120,402 baseline of taking every signal. Skip the week after a losing week gives up $541,882 (48.4% of net, 16 of 37 monster trades missed). Skip the next trade after one loss gives up $407,252 (36.3%, 12 of 37 monsters). Skip after two losses in a row gives up $205,110 (18.3%, 6 monsters). Skip the rest of the day after a loss gives up $141,526 (12.6%, 3 monsters). Skip after three losses in a row gives up $34,833 (3.1%, 3 monsters). Every bar is a loss versus taking every signal. https://stsfutures.com/img/streaks-are-ordinary-2026-07.svg Bar chart comparing the longest losing streak in the STS NQ book against what random chance predicts. Our actual worst streak was 14 losses in a row, from 2015-08-26 to 2015-09-30, costing $7,412 or 0.66% of net. The longest run pure chance deals at a 45.5% win rate is around 12 to 13, and 14 or longer appears in about a quarter of random orderings. A runs test returns z of plus 1.72 with p of 0.086, showing 1,790 runs versus 1,739 expected, meaning losses do not cluster more than random. https://stsfutures.com/img/trade-after-a-loss-2026-07.svg Grouped bar chart of the very next trade split by what came before it, for the STS NQ book. After a loss the next trade wins 46.9% of the time and averages $380 net. After a win the next trade wins 43.9% and averages $247. Across all trades the win rate is 45.5% and the average is $320. The trade after a loss is the best of the three groups on both measures. https://stsfutures.com/img/tail-carries-the-book-2026-07.svg Two stacked bars for the STS NQ book. The left bar, share of trades, shows the 37 monster winners are just 1.06% of the 3,505 trades, a thin sliver above the other 3,468 trades. The right bar, share of net profit, shows those same 37 monsters carry 56.8% of the net, $636,644, while everything else is 43.2%, $483,758. A call-out notes the skip-after-one-loss rule benches 12 of the 37 monster winners. A monster is a trade with net of $10,952.70 or more, the book's 99th-percentile trade. https://stsfutures.com/img/skip-cost-by-sub-2026-07.svg Horizontal bar chart splitting the $407,252 skip-after-one-loss cost across the STS book's five active strategies. The trend engine gives up $149,730, 36.8% of the total, which is 45.9% of that strategy's own net. Short gives up $84,588, 20.8%. The overnight trend model gives up $64,788, 15.9%. Long ORB gives up $60,662, 14.9%, despite being skipped the most at 540 trades. The universal sub gives up $47,483, 11.7%, which is 99.99% of that sub's entire $47,484 net. The short ORB sub gives up nothing because it has no trades in the book. https://stsfutures.com/learn/how-long-drawdowns-last 2026-07-06 https://stsfutures.com/img/dd-recovery-distribution-2026-07.svg Bar chart of how long our NQ book's drawdowns took to recover, 229 recovered episodes from 2011 to 2026. 123 episodes (54%) recovered in 7 days or fewer, 73 (32%) in 8 to 30 days, 22 (10%) in 31 to 90 days, 7 (3%) in 91 to 180 days, 3 (1%) in 181 to 365 days, and 1 (0.4%) took over 365 days. The distribution is heavily front-loaded: most drawdowns clear fast, a thin tail runs long. https://stsfutures.com/img/dd-stability-band-2026-07.svg Stability of three recovery-time numbers across 2,000 block-resampled 15-year histories of our NQ book. The median recovery point is 7 days with a 95% band of 6 to 9 days. The p95 recovery point is 72 days with a 95% band of 67 to 141 days, about ten to twenty weeks. The worst underwater stretch point is 979 days, and a stretch of 180 days or more shows up in 98.8% of resampled histories. The middle barely moves; the p95 and the long tail carry real uncertainty. https://stsfutures.com/img/dd-depth-vs-duration-2026-07.svg Comparison of two drawdown episodes in our NQ book. The deepest drawdown was $28,994, which is 17.5% of peak equity on our tear sheet, and it cleared in 61 days during June to August 2025. The longest underwater was a shallower $18,631 dip that ran 979 days from July 2011 to March 2014. The bar lengths show days underwater: the shallower dip stayed underwater about sixteen times longer than the deeper one. https://stsfutures.com/img/dd-sub-attribution-2026-07.svg Net loss by strategy sub over the 788-day slide to the bottom of the 979-day drawdown. The long-breakout model lost $10,926, which is 59% of the $18,631 hole. The overnight trend sub lost $3,926 (21%), the short sub $3,403 (18%), the trend sub $232 (1%), and the universal sub $144 (1%). One sub dug most of the hole; there was no single blow-up. https://stsfutures.com/img/dd-regime-mix-2026-07.svg Net profit and loss by market regime over the 788-day slide to the bottom of the 979-day drawdown. Trend-up months lost $12,341, the biggest single share. Chop months lost $4,766, crash and high-vol-down months lost $4,109, high-vol-up months lost $428, and calm-down months made $3,013. The largest loss came in ordinary trending months, not a crash, which is why the drawdown was shallow but lasted almost three years. https://stsfutures.com/img/dd-percentile-ladder-2026-07.svg Recovery-time percentile ladder for our NQ book's 229 recovered drawdowns. The median (p50) recovery was 7 days, the p90 was 46 days, the p95 was 72 days, about ten weeks, and the worst on record was 979 days from July 2011 to March 2014. Bar length is days underwater on a square-root scale. The p95 of 72 days is the case to budget for, not the 7-day median. https://stsfutures.com/learn/nq-es-correlation 2026-06-18 https://stsfutures.com/img/nq-es-rolling-correlation-2026-06.svg Line chart titled 15 years of NQ-ES rolling correlation, trailing 60 sessions, 2011 to May 2025. The line mostly sits between 0.85 and 0.99, dips to its lowest point of 0.64 in calm June 2017, and climbs to its highest point of 0.99 in the May 2025 selloff. A reference line marks 0.90, and 67 percent of all sessions sit at or above it. The correlation rises toward 1.0 in stressed periods. https://stsfutures.com/img/nq-es-same-book-on-es-2026-06-18.svg Comparison chart titled the same book on ES fails every test it passes on NQ. Net profit: NQ about 1,120,402 dollars versus ES 122,662 dollars, about one ninth. Deflated Sharpe: NQ 96.2 percent (passes) versus ES 24.5 percent (fails). Harvey-Liu t-statistic on percent-return basis: NQ 4.9 versus ES -0.20, against a 3.0 bar. Positive years: NQ 14 of 16 versus ES 6 of 16. Max drawdown: NQ 17.5 percent of account versus ES 106 percent, which would blow the account. ES values shown in a warning color with labels on each bar. https://stsfutures.com/learn/how-to-read-nq-es-daily-bias 2026-06-18 https://stsfutures.com/img/nq-day-map-2026-06-11.svg Bar chart titled a map of the NQ day: share of net profit by entry hour for 3,505 NQ trades, 2011 to 2026. The 9 ET cash-open hour is by far the tallest at 59.2 percent of profit and the 18 ET overnight reopen is second at 17.1 percent, while the midday hours from 10 ET to 15 ET each hold under 10 percent. The two highlighted windows together hold about 76 percent of profit. https://stsfutures.com/img/nq-es-range-ruler-2026-06.svg Two-panel bar chart titled a normal day measured: average daily range of NQ versus ES from 2011 to May 2025. The top panel in points shows NQ at 137 points and ES at 36 points. The bottom panel in dollars per contract shows NQ at 2,750 dollars and ES at 1,815 dollars. NQ is 3.8 times ES in points but only 1.5 times in dollars. https://stsfutures.com/learn/nq-es-average-daily-range 2026-06-13 https://stsfutures.com/img/nq-range-expansion-2026-06.svg Bar chart: one NQ contract average daily range from calm years to wild years, 2011 to May 2025. 2017 calmest year $966 (1.0x baseline), 2019 $1,960 (2.0x), full 15-year average $2,750 (2.8x), 2020 $4,780 (4.9x), 2022 $6,690 (6.9x), last 12 months $7,186 (7.4x). Range expands about sevenfold from calm to wild. https://stsfutures.com/img/nq-range-stop-multiple-2026-06.svg Horizontal bar chart: NQ average daily range expressed as a multiple of our book's $1,033 average losing trade. 2017 calm day 0.9x ($966), full 15-year 2.7x ($2,750), 2020 4.6x ($4,780), 2022 wild day 6.5x ($6,690), last 12 months 7.0x ($7,186). A calm day holds about one stop of room, a wild day about seven. https://stsfutures.com/learn/nq-vs-mnq 2026-07-09 https://stsfutures.com/img/nq-vs-mnq-cost-percent-2026-07.svg Bar chart: round-turn fee as a share of our $320 average trade, for the same dollar exposure. One NQ costs $4.10, which is 1.3% of the trade. Ten MNQ matching that exposure costs $41.00, which is 12.8% of the trade, about ten times heavier. https://stsfutures.com/img/nq-vs-mnq-dollar-risk-ladder-2026-07.svg Grouped bar chart: drawdown in dollars per contract, NQ versus MNQ. Worst 15-year dip $28,994 on NQ versus $2,899 on MNQ. Typical bad run (modeled) $42,000 versus $4,200. Rough-but-normal run (modeled) $62,000 versus $6,200. The micro is one tenth at every level. https://stsfutures.com/learn/expect-worse-drawdown-than-backtest 2026-07-09 https://stsfutures.com/img/mc-drawdown-distribution-2026-07.svg Distribution chart of Monte-Carlo drawdowns for our NQ book, 10,000 reshuffles of 3,505 trades, in dollars for the book as it traded. The backtest max drawdown of $28,994 sits at about the 2nd percentile, near the low end. The middle 90% of reshuffled drawdowns runs from $31k (p5) to $62k (p95), with a median of $42k. About 98 of every 100 shuffled paths drew down more than the backtest did. https://stsfutures.com/img/mc-drawdown-three-numbers-2026-07.svg Bar chart comparing three drawdown figures for the same NQ book as it traded, one to three contracts scaled by volatility: the backtest max of $28,994 (17.5% of peak equity), the Monte-Carlo median of $42,000 (about 45% bigger), and the Monte-Carlo p95 of $62,000 (more than twice the backtest). The tear-sheet number is the smallest of the three. https://stsfutures.com/learn/are-futures-trading-signals-worth-it 2026-06-18 https://stsfutures.com/img/signals-worth-it-proof-checklist-2026-06.svg Checklist table: eight proof checks a futures signal buyer should demand, with the STS NQ book's value for each. Verified track record 15 years; every trade visible 3,505; real drawdown shown $28,994; Harvey-Liu t-stat 4.9 (bar is above 3.0); Deflated Sharpe 96.2 percent; Probabilistic Sharpe 100 percent; all five strategies profitable out-of-sample in 2026; beta to NQ 0.20. Every row is marked met. https://stsfutures.com/img/signals-worth-it-tstat-vs-hurdle-2026-06.svg Bar chart comparing Harvey-Liu t-stat against the real-edge hurdle. A coin-flip system reads 0.00, the academic hurdle is 3.00 (dashed amber line), and the STS NQ book reads 4.9, well above the hurdle, over 3,505 trades and 15 years. https://stsfutures.com/learn/nq-system-tested-every-index 2026-07-09 https://stsfutures.com/img/nq-every-index-money-vs-edge-2026-06.svg Two-panel bar chart comparing the same NQ system on four markets. Left panel, net profit on a log scale: NQ $1,120,402, ES $122,662, YM $6,650, RTY $5,121. Right panel, Deflated Sharpe edge test with a 95% pass line: NQ 96.2% passes, ES 24.5% fails, YM 3.5% fails, RTY 3.6% fails. https://stsfutures.com/img/nq-every-index-drawdown-2026-06.svg Horizontal bar chart of worst drawdown as a share of the starting account for the same system on four markets. NQ 17.5% survivable, YM 42%, RTY 52%, ES 106% which wipes the account. A dashed line marks 100% equals account gone. https://stsfutures.com/learn/is-my-backtest-overfit 2026-06-18 https://stsfutures.com/img/sts-overfit-gauntlet-tstat-2026-06.svg Bar chart of the Harvey-Liu t-stat for each of our five NQ strategies, standalone backtests 2011 to 2026 on a per-trade basis, against the real-edge hurdle of 3.0 shown as a dashed line. Only Trend at 3.28 clears the hurdle; Overnight 2.93, Long ORB 2.92, Short 2.61, and Intraday 2.54 fall below it. Every t-stat is printed on its bar. https://stsfutures.com/img/sts-overfit-oos-profit-factor-2026-06.svg Bar chart of out-of-sample profit factor for each of the five NQ strategies, January 2026 to June 2026, with a dashed break-even line at 1.0. All five bars sit above break-even: Trend 1.93, Long ORB 1.46, Short 6.69, Overnight 2.30, Intraday 1.58. Every value is printed on its bar, and all five made money on data the backtest never saw. https://stsfutures.com/learn/best-time-to-trade-nq-futures 2026-07-06 https://stsfutures.com/img/nq-entry-hour-by-system-2026-07.svg Stacked bar chart of NQ trade counts by entry hour, colored by system. The 9 ET bar totals 2,020 and stacks S1 Trend (944), S2 ORB Long (781), S3 Short (185) and S6 Universal (110). The 18 ET bar totals 796 and is entirely S5 Overnight. Hours 10 through 15 are short bars made of S2 and S3 with some S6 at 10 and 11. https://stsfutures.com/img/nq-money-to-pain-2026-07.svg Scatter chart of net profit against worst drawdown for four engine-hours. S3 Short at 9 ET sits far right and high (shallow drawdown), ringed as the best, at 12 dollars earned per dollar of drawdown against a 18,526 dollar dip on 225,458 net. S1 Trend 9 ET is furthest right at 316,460 net with a 21,997 dollar dip. S5 Overnight 18 ET is mid-chart at 194,333 net and a 20,536 dollar dip. S2 L-ORB 10 ET sits low-left, the roughest, 33,458 net against a 27,333 dollar dip. https://stsfutures.com/img/nq-net-by-system-2026-07.svg Horizontal bar chart of net profit by system, ranked. S3 Short leads at $382,003 from only 412 trades ($927 per trade). S1 Trend $316,460 on 944 trades ($335). S2 ORB Long $284,206 on 1,653 trades ($172). S5 Overnight $194,333 on 796 trades ($244). S6 Universal $160,982 on 319 trades ($505). https://stsfutures.com/img/nq-schedule-fit-split-2026-07.svg Horizontal split bar of the book's $1,120,402 net profit by when the entry fires. The blue segment is 83 percent, 928,516 dollars, from market-hours entries between 9 and 15 ET. The green segment is 17.1 percent, 191,887 dollars, from the single 6 PM reopen system. https://stsfutures.com/img/nq-profit-share-by-hour-2026-07.svg Bar chart of the share of book profit by entry hour. The 9 ET bar is by far the tallest at 59.2 percent. The 18 ET reopen is second at 17.1 percent in green. Hours 10 through 15 are small, and the 12 and 13 ET midday bars are grey at 1.1 and 1.5 percent. https://stsfutures.com/img/nq-regime-rotation-2026-07.svg Five small bar panels, one per volatility regime, each showing the 9 ET open's total net in green and the engine that carries it. Trend up plus 154k carried by Trend plus 90k. High-vol up plus 130k carried by Trend plus 116k. Crash plus 109k carried by Short plus 63k, ownership flips from long to short. Chop plus 77k carried by Trend plus 35k. Calm down plus 44k carried by Short plus 50k. Every regime is net-positive; blue Trend carries the up moves, red Short takes over in the crash. https://stsfutures.com/learn/nq-stop-loss-how-many-points 2026-06-18 https://stsfutures.com/img/nq-trade-heat-winners-losers-2026-06.svg Grouped bar chart: adverse excursion in NQ price points per contract for winners versus losers at the 25th, 50th, 75th, 90th and 95th percentiles. Winners take far less heat at every percentile: median 7.9 points versus 21.9 for losers, 95th percentile 68.1 versus 117.6. Exact values labeled on every bar. https://stsfutures.com/img/nq-fixed-stop-whatif-2026-06.svg Bar chart with overlaid dots: percentage of the $1,120,402 profit kept (bars) and percentage of winning trades killed (dots) for fixed NQ stops from 10 to 150 price points across 3,505 trades. A 10-point stop keeps 35.6% of profit and kills 42.5% of winners; a 100-point stop keeps 91.4% and kills 1.6%. https://stsfutures.com/img/nq-pct-stop-whatif-2026-06.svg Bar chart with overlaid dots: percentage of profit kept (bars) and winning trades killed (dots) for stops set as a percentage of price, from 0.1% to 3%, across 3,505 NQ trades. A 0.5% stop keeps 87.8% of profit, 1% keeps 99.2%, and 2% reaches 100.5%, slightly above the no-stop baseline marked by a dashed line. https://stsfutures.com/learn/prop-firm-trailing-drawdown 2026-07-06 https://stsfutures.com/img/prop-trailing-book-capture-2026-07.svg Two stacked bars comparing the STS NQ book's winners. The left blue bar is the total peak paper profit the winners touched, $4.42M. The right bar is the same $4.42M split into what was banked, $3.09M or 69.9% kept in green, and what was given back before the bar closed, $1.33M or 30.1% surrendered in red. The $1.33M given-back segment is the tax base a trailing drawdown floor draws from. 1,596 winning trades, all-contracts basis. https://stsfutures.com/img/prop-trailing-sub-taxbase-2026-07.svg A single horizontal bar showing the share of the STS book's $1.33M give-back supplied by each sub-strategy: Trend 29.3 percent, Short 28.4 percent, long opening-range breakout 24.5 percent, overnight trend 15.7 percent, and a small universal sub 2.1 percent. A red bracket under the first three segments marks Trend plus Short plus long opening-range breakout equal to 82.2 percent of the give-back tax base. Each sub's median-winner capture rate is labeled beneath it, with Short the loosest at 58.7 percent kept and long opening-range breakout at 71.5 percent. https://stsfutures.com/img/prop-trailing-peak-vs-banked-2026-07.svg Bar chart of the median winning NQ trade for one mini. A blue bar shows the peak open profit at $820, equal to 41.0 points of maximum favorable excursion. A green bar shows the banked net result at $486, equal to 24.3 points. A red bracket between the two bar tops marks the $212 give-back, the 10.6 points the trade hands back before it closes, which is the amount a trailing drawdown floor taxes. https://stsfutures.com/img/prop-trailing-ratchet-path-2026-07.svg Line chart of one median NQ winner's open profit over the life of the trade, in points, schematic. A blue line starts at zero, runs up to a peak of 41 points, then fades and closes at 24 points. An amber dashed line tracks the intraday trailing floor: it ratchets up alongside the open profit to the 41-point peak, then parks there flat and never comes back down. The gap between the parked floor at 41 and the 24-point close is shaded red and labeled the give-back the floor taxes, because the close is measured against the 41-point peak, not the 24-point exit. https://stsfutures.com/img/prop-trailing-give-back-vs-room-2026-07.svg Bar chart of the give-back per winning NQ trade in dollars for one mini at the median, 75th, 90th, and 95th percentiles: $212, $572, $1,235, and $1,930, with the per-micro figures $21, $57, $123, and $193 labeled beneath each bar. A dashed blue line marks the $2,000 trailing room on a 50 thousand dollar combine. The 95th-percentile give-back of $1,930 per mini nearly reaches the full room on its own. https://stsfutures.com/img/prop-trailing-intraday-vs-eod-2026-07.svg Waterfall chart of the worst drop below the running high over the full 15-year NQ path at one micro, with the dollar axis starting at $2,200 to make the gap visible. The end-of-day floor, in the style of Apex EOD and TopStep, records a worst drop of $2,325, shown as a green bar. The intraday floor, in the style of the Apex Intraday product that ratchets on the open high, sits on the same $2,325 green base with a red cap stacked on top reaching $2,450. The red cap is labeled plus $125, or 5.4 percent, and represents the pure open-profit ratchet: the intraday floor charges the give-back the end-of-day floor never sees. Labeled an approximation. https://stsfutures.com/img/prop-trailing-jitter-bust-2026-07.svg Clustered bar chart of the full 15-year bust rate at one micro as fill slippage rises from 0 to plus-or-minus 4 ticks. At 0 ticks both the EOD floor and the intraday floor survive at 0 percent. The EOD floor's bust rate climbs slowly to 0, 0.1, 1.3, and 4.6 percent. The intraday floor's climbs steeply to 2.9, 13.2, 21.4, and 26.8 percent, roughly six times higher at every level of slippage. https://stsfutures.com/img/prop-trailing-bust-ci-2026-07.svg Dot-and-whisker chart of the fresh-account bust rate at one micro for two floors. The EOD floor shows a historical point of 11.0 percent with a 95 percent block-bootstrap band from 6.6 to 37.4 percent. The intraday floor shows a historical point of 14.0 percent with a band from 13.5 to 46.3 percent. A dashed green reference line at the EOD floor's 11.0 percent point shows the entire intraday band sits to its right, meaning the intraday floor is worse across the whole range, not just on average. https://stsfutures.com/learn/our-nq-trading-strategies 2026-06-18 https://stsfutures.com/img/sts-strategy-correlation-2026-06.svg Heatmap: daily P&L correlation between the five STS strategies across 2,542 trading days, with the exact value printed in every cell. Average pairwise 0.11. Highest pair: the two early long models, Trend and ORB, at 0.46; next the intraday model with Trend at 0.24 and with the short at 0.18; the overnight model sits between 0.00 and 0.04 against every other strategy. https://stsfutures.com/img/sts-per-era-profit-factor-2026-06.svg Bar chart of the book's profit factor across four 4-year eras: 1.06 in 2011 to 2014, 1.21 in 2015 to 2018, 1.46 in 2019 to 2022, and 1.92 in 2023 to 2026. Every bar sits above the 1.0 break-even line, and each era is higher than the one before. https://stsfutures.com/learn/nq-vs-es-futures 2026-06-22 https://stsfutures.com/img/nq-vs-es-daily-range-2026-06.svg Bar chart: NQ vs ES average daily dollar range per contract across five periods, 2011 to May 2025. NQ leads in every period: $2,750 vs $1,815 full period, $7,186 vs $3,735 over the last 12 months, $966 vs $700 in calm 2017. Exact values labeled on each bar; details in the table above. https://stsfutures.com/terms https://stsfutures.com/privacy https://stsfutures.com/refund-policy https://stsfutures.com/disclaimer https://stsfutures.com/risk-disclosure