Julian’s Journal

[JulianCohen]

My MOCs are ticking along. I added another one beginning of this month, which promptly lost 7%

I have been running them at between 2x margin or no margin, depending upon my bravado at any one point. Two weekends ago I did sit out for two days, when we had the first limit down day. But then I snapped out of it and placed orders again, mainly because at 2x leverage or no leverage and with the systems only producing about 15-20% of their orders anyway, as I have a stock filter of 200 day MA, the risk is greatly reduced.

Last night I was down 0.2% for the day, with some of the systems even making money. Who’d have thunk it!

Having said that the account is down 10% YTD which is not good, but a lot better than the stock market.

[JulianCohen]

March ’20

Combined US MOC: -1.92%

Long Term Systems

S&P 500 Momentum: 3.48%
NASDAQ Momentum: 8.65%
Long Term NASDAQ: 6.70%

ASX Growth -6.47%

Total Account: -2.43%

[ScottMcNab]

Nick Radge wrote:

Quote:

I don’t think I have ever seen a single 40,000 unit order executed all in one lump

The reason is because there isn’t a single exchange as such – unlike Australia. In Australia there is a single exchange where there is only one place that all volume sits.

That’s not the case in the US. The US has ‘one exchange’ but uses ‘venues’ operated by market makers. This is what the IB Smart Routing does – sends your orders to the best venue at any given point in time. These venues need to follow the SEC NBBO rules, but it means larger orders get broken up to get filled at the most efficient venue at that time. As market makers may not be providing the wanted size, it means the orders have to move around several venues.

Have you guys used Scale Orders yet?

https://www.interactivebrokers.com/en/index.php?f=611

Have you tried these Scale Orders Nick ? Or anyone else ? They look very interesting…

perhaps in conjunction with a modified excel spreadsheet that export dde into (before it goes into api) that would chop any order over (eg) 2000 shares into thirds…and add a tick to one entry price and subtract a tick from another ?

I am thinking for use with ASX and Canada more than US

[Nick Radge]

Quote:

perhaps in conjunction with a modified excel spreadsheet that export dde into (before it goes into api) that would chop any order over (eg) 2000 shares into thirds…and add a tick to one entry price and subtract a tick from another

By the looks of it, TWS ScaleTrader does it for you. I’ve never used it but would certainly be helpful in Australia.

[JulianCohen]

May ’20

Combined US MOC: 7.88%

Long Term Systems

S&P 500 Momentum: 0%
NASDAQ Momentum: 0%
Long Term NASDAQ: 0%

ASX Growth 0.04%

Total Account: 4.98%

[JulianCohen]

Attn: Matthew

You really need to get a progress journal mate so we can discuss things without doing it on others’ journals

I wanted to ask you about the short MOCs. I see you are going short on RUT stocks. Any issues in practice with doing that, as in shorting stocks that it’s not physically possible to short. Are there any RUT stocks you can’t short?

[JulianCohen]

June ’20

Combined US MOC: -7.80%

Long Term Systems
NASDAQ Momentum: 5.23%
Long Term NASDAQ: 10.76%

ASX Growth -0.81%

Total Account: -2.30%

Diversification in practice. Take it up the clacker on MOC and pennies from heaven with Momentum.

[Anonymous]

I hear you. It is only that I have been trading the short side on my MOC that rescued me for the month. Had I traded long side only it would have been a negative month.

Still, I am continuing work on my discretionary system and my options trading. Hopefully they can level out the playing field in the land of diversification.

One thing i am continually struggling with is any kind of rotational or periodical system where I have to wait to be able to perform any trading actions. E.g. weekly or bi-monthly or monthly systems. I just get too anxious watching those systems roll along in the wrong direction. Having to log on daily to do MOC trading means I always see my account. If I have the time to log on daily my mind tells me I should surely be able to trade systems that are ok to require daily input.

[JulianCohen]

Matthew that’s a perfect example of trading the system that suits your personality the best. At least you know and understand that about yourself.

[Anonymous]

Quote:

One thing i am continually struggling with is any kind of rotational or periodical system where I have to wait to be able to perform any trading actions.

Here’s some food for thought on that:
If you always trade one day a week, you have a 20% chance of trading on the best day of the week!

Did that help? No? Carry on, then.

[JulianCohen]

July ’20

Combined US MOC: 9.45%

Long Term Systems

NASDAQ Momentum: 14.26 %
Long Term NASDAQ: 10.57%

ASX Growth 4.70%

Total Account: 7.38%

Could do with a few more months like that!

[Anonymous]

Awesome !

[JulianCohen]

Thanks for the Short MOC ideas Matthew. I have two systems and they are going very well this month.

[TimothyStrickland]

Nice Julian, seems like several of us had some good results this month.

[JulianCohen]

Long may it continue

[Author]

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