Eddie T – Journal

[KateMoloney]

Very true Tim.

Sometimes you have to go down the “crazy” path to appreciate that long term wealth creation is not the exciting, hyped path that marketing will tell you it is.

[Anonymous]

Appreciate the discussion – I need push notifications or something to get alerted to these!

Onto results:

November 2021

ASX Momo:: +8.03%
NDX Momo: -5.37%

Aussie miners strong, US tech weak. Really need to do this on time..

[Anonymous]

December 2021

ASX Momo:: +12.85%
NDX Momo: -10.49%

Tough month for everyone for Tech. 4 new changes in my NDX Momo account for Jan, only 1 staying (NVDA). Aussie Miners continue to outperform, portfolio helped by the addition of PLS last month. Funnily enough this was the first stock I ever bought on my own back in 2015 – 7yrs early to the lithium boom it would seem with many drawdowns along the way

[Anonymous]

I’m still finding calculating results each month quite cumbersome mostly due to buys/sells each month on day 1. How does everyone go about this in practice?

If the sell price was the same as the prior months closing value and the notional amount on the buy of the replacement stock is the same there wouldn’t be an issue, but often I am adding/withdrawing +/-$500 for various reasons (e.g. Tesla @ $1100, I don’t want to fractionalize shares and buy a half).

I am using the share trade tracker and am thinking that the dashboard might be the answer to my problems, but can’t seem to workout the date range (month-to-month for my momo strategy)

On a separate note, my currency seems defaulted to £ for both AU & US strategies. I can’t find anywhere to change the working currency in the sheet.

I presume there might be something I’m missing here…

[Nick Radge]

Take a read of this thread:

https://edu.thechartist.com.au/kunena/progress-journal/519-cftc-performance-tables.html

With regard to currencies, STT will not account for currencies or currency changes. I report all PnL in the currency of the strategy.

[Author]

Posts