I've made a risk control framework + volatility model which proves its possible to break even with a totally random signal! The backtest enters at 9:30am each day and exits at 4:00pm. It literally chooses a random direction every day.

Through assigning a maximum risk per trade, and controlling the quantity of shares purchased, the strategy is able to trade 1000x without loosing much capital at all ($75 over 1000 trades, ignoring fees).

I think this could be used as a great starting point to build off -- adding indicators and other signal components to give the strategy more intelligence!

If anyone in the community has any suggestions for improvements or addition to this model then they are most welcomed.