CT Journal

[JulianCohen]

Chris the easiest way to think about it is that the position size…number of positions time percentage, in your case must equal 100….setting the margin to 100 or 50 or 25 won’t change that fact.

[ChrisThong]

Thank you for the feedbacks!

Have a call with Craig today to understand the way TradeStation works, and it was informative as always. As I understand it, TradeStation offers 25% leverage for day trading and 50% for overnight.

Attached is the stats for the MOC system with margin setting at 50, and 20 max position, and 10% per position.

[ChrisThong]

Attached is the stats and chart for the same system, however margin setting is 25, 40 positions, and 10% per position.

Can I please have some feedbacks?

[KateMoloney]

How do you feel about the 30% drawdown for the 10% pos size system ?

[ChrisThong]

It would be too much for me as the max drawdown is always ahead of that. Hence, I would prefer the system with 50% leverage as the drawdown is less than 20%.

[KateMoloney]

Alternatively, you could keep testing other ideas?

My first MOC system had a return of 29% CAGR (17 year testing period) with 10% pos size, 25% margin and the max drawdown from memory was about 13%-14% on the R1000.

Look at the day trade system on the chartist website shop. The metrics for the system are posted there too. I bought it to get some new ideas.

[ChrisThong]

Thanks Kate. 13% – 14% is good!

I will be booking a call with Nick to go through it. Until then, I will keep testing.

[KateMoloney]

Check this out

https://docs.google.com/spreadsheets/u/1/d/e/2PACX-1vS6skj_ZIz8DiHEMC2sBENSemU-eC_-squw-DRCu-WrBHTwq4LhHJmO0Ax8yypbRRyHcHMTEXTjrY7j/pubhtml

[ChrisThong]

Mar 2022

US Market

MR#1 +0.22%

MR#2 +2.35%

AU Market

ASX 100 Rotational -24.14% – system went to cash in March, but now it is 100% invested.

For MR#1, it went into -8% in early March, however the trades from the last two days of March made it back to positive territory.

Talked to Nick today and he has given me some good idea for my MOC system. I will spend the month of April 2022 to look deep into the system and also incorporating the ideas given by Nick. Hopefully, I can start live trading the MOC system in May 2022.

[ChrisThong]

Apr 2022

US Market

MR#1 -3.2%

MR#2 -12.1%

AU Market

ASX 100 Rotational -2.4%

TradeStation is opened and partly funded. Things to do for May is to organise my funds for MOC, and this means the MR#1 will be discontinued. At this satge, I am planning to go live with the MOC in June.

[Nick Radge]

Your ASX rotational was -26% for the month?

[ChrisThong]

Sorry, it is the total draw since I started. Return for the month is -2.4

[ChrisThong]

I opened the STT that I have for ASX100 rotational and updated the prices. Then I take the number from the “Portfolio return”. Am I doing it right?

[KateMoloney]

Chris,

My experience with STT is that if I add additional funds to the portfolio at a later date, the portfolio return is inaccurate because it shows the return on the starting cash balance only.
Might be my user error…..

[Nick Radge]

Take a look at this video:

Portfolio Management Software for The Chartist

[Author]

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