Daniel’s journal

[DanielBaeumler]

Yes, my MOC system runs very well.
My concerns were around my MR system which I’m reworking right now.
Cheers.

[TimothyStrickland]

Nice Daniel, I still have 2 systems I need to build which I haven’t had time, WTT and MOC. Just been focused on learning programming.

[DanielBaeumler]

Feb 2020

ASX
ASX growth: – 9.04%

US:
MOC: -1.84%
NDX Mom: -1.96%
Strategic: -5.45%

Acct: -4.17%

MOC: I de-levered on Friday were the system delivered high gains. Bad luck. Otherwise, I would have been positive for the month. But that’s ok. I learned over time that it’s better to play it safe. There is a good reason why all the big traders say: Rule no. 1: Don’t loose. Play a good defense. Especially theses days.

My NDX system will go in cash on Monday.

Beginning of February, I opened a strategic portfolio. I really like Nick’s approach to invest in mature disruptors. However, I need to decide whether to follow the buy+hold approach for this portfolio or to close the positions again. I’ll go for the latter and keep it together for now.

[DanielBaeumler]

ASX:
ASX growth: -8.18%

US:
US MOC: -3.12%

Account: -3.7%

Momentum systems are switched-off. Very glad I changed my MOC system from 4x to 1x. I didn’t trade on 9/3 after the oil price dropped by 30% which was a very good decision.

According to backtest resutls, my regular 4x MOC system would have dropped 30% in March which is really alarming. I know, the system is not very sophisticated and I need to think what to do with it. It’s just very hard to find time to work on it next to a demanding regular job.

Happy to sit in cash now and waiting from the sideline.

[DanielBaeumler]

April 2020

ASX: Cash

US:
US MOC: +0.1%
Momentum systems in cash

My MOC system delivered just 4 trades in April. For the majority of days I didn’t even get signals (trading R3000).

I sincerely hope the markets to go down in the next weeks reflecting the overall economic situation. This may sound weird but I would feel uncomfortable if we get into a situation where economy and financial markets are completely detached and governments and central banks drive the market. If ‘whatever it takes’ becomes the new paradigm than I wonder if the rules we base our systems on would be still valid. I believe a proper downtrend is also part of a healthy financial system.

[Author]

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