CT Journal

[ChrisThong]

US Market
MOC#1 +1.36% (MDD as of 31/5/23 = -16.3%, since inceptio = -16.16%)
MR#2 +0.04% (MDD as of 29/4/223 = -20%, since inceptio = -18.80%)

AU Market
ASX100 Rotational  0%
Growth Portfolio -0.35%

Total portfolio as of 31/5/2023 = -59.68%

Monthly rotational back in play and fully invested!! June 2023 here we go!!

[Nick Radge]

-59%? Are you sure? That really doesn’t sound right.

[ChrisThong]

-47.26% for 2022 commencing from April 2022 to Dec 2022 and that is return for the whole portfolio with 4 strategies.

-12.16% for 2023 from Jan 2023 to June 2023.

[ChrisThong]

US Market
MOC#1 -1.35% (DD as of 30/6/2023 16.11%, MDD = 16.31%)
MR#2 -0.24% (DD as of 30/6/2023 18.04%, MDD = 20.07%)

AU Market
ASX100 Rotational  +1.85% (DD as of 30/6/2023 19%, MDD = 25.92%)
Growth Portfolio 0% (DD as of 30/6/2023 10.43%, MDD = 10.84%)

Total portfolio as of 31/5/2023 = 0.26%

Momentum strategy did the heavy lifting for this month. MOC had a good run until late June where it gave back all the profit and put me into negative territory, and this is due to $BMEA, $VKTX, $CRNC $FNKO and $CRNC. 

Keep pushing buttons and trading!!!

[ChrisThong]

What a session for 20/7/23 for the US Market! MOC was travelling nicely then Mr Market slapped me hard on my face and now back to Max DD of 17%. Tomorrow is a new day and keep pushing buttons!!

[GlenPeake]

Chris Thong post=14135 userid=5394 wrote:

What a session for 20/7/23 for the US Market! MOC was travelling nicely then Mr Market slapped me hard on my face and now back to Max DD of 17%. Tomorrow is a new day and keep pushing buttons!!
 

Yep…. was definitely a bumpy session overnight…. Most systems/positions copped a bit of a slap…… you’re not alone on that front.

[ChrisThong]

Thanks Glen. All we need to do is keep trading!

[GlenPeake]

Yep…. keep trading, keep placing those orders and good things will eventually happen.

That’s what separates the amateurs vs professionals…. The amateurs would’ve given up long ago in this market…..

When the good/easier times do eventually roll around, you won’t be doing too much different process/order placement wise, your systems will just be syncing up with the market in a more positive % outcome, then what most have been experiencing over this drawn out period of choppy market conditions.

[StevenPola]

Same here Chris. Up nicely for the month then all of a sudden WHACK, like a slap in the the face from the rubber chicken of misfortune, to leave me with small DD for the month. Not the first one, wont be the last.

Like you say, just keep pressing the buttons.

[KateMoloney]

Same thing happened to me Chris. Up about 2% for the month, then into negative for MOCs. Annoying but part of the process.

[ChrisThong]

July 2023

US Market
MOC#1 -1.51% 
MR#2 -0.24% 

AU Market
ASX100 Rotational  -0.63% 
Growth Portfolio -0.26% 

Total portfolio as of 31/5/2023 = -2.64%

 

[ChrisThong]

July 2023

US Market
MOC -1.22%
MR#2 –5.71%

AU Market
ASX100 Rotational  -6.61%
Growth Portfolio -3.79%

Total portfolio as of 31/5/2023 = -17.33%

 

[ChrisThong]

September 2023

US Market
MOC -1.25%
MR#2 0.48%

AU Market
ASX100 Rotational  -10.93%
Growth Portfolio -2.05%

Total portfolio as of 31/5/2023 = -13.75%

[ChrisThong]

September 2023

US Market
MOC -1.97%
MR#2 -1.89%

AU Market
ASX100 Rotational  -2.17%
Growth Portfolio 0%

Total portfolio as of 31/10/2023 = -6.03%

Another month in red. No many trades for R1K. There were trades for R2K and mostly red until today, 31/10/2023. 

I have seen a number of people having the short version of MOC. Personally, I do not really understand short. Can readers of my post, give me some idea please!!!

[SaidBitar]

Look for a stock that is in up trend and increased fast in the last period enter short if it goes up xATR and cover end of the session
So in general most of the rules it will be same as the long MOC system, liquidity and trend but instead of entering stocks that are showing weakness in the recent days you want to enter stocks that are showing strength in the recent days
you place order to enter if the price increased fraction of the ATR and then MOC is your exit

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