Len’s Journal

[LEONARDZIR]

October 2018

US momo -16%
DTVI -20%
SP500 rtn -9.77
MOC +5%
US MR -16%
Nasdaq Aggr -30%

[LEONARDZIR]

Weird psychology. Now that I am out of the market hoping it goes down.

[RobGiles]

Len Zir wrote:

Weird psychology. Now that I am out of the market hoping it goes down.

You’re not the Lone Ranger Len, I’ve noticed similar thoughts. Although I must say since pulling the trigger the other night and selling all my MOM positions, a dull background level of mild stress has lifted. Not much I can do now than wait for the system to tell me when to enter again.

[TimothyStrickland]

Len, emotions are powerful. I have taken a trader psychology course and as I understand it, there is no way to truly ever get rid of the feelings, they just aren’t as strong. I have the same feeling, everyone wants to feel the illusion of being right.

[LEONARDZIR]

November 2018

US MOC +1.51%

USrtn,USmr,DTVI flat

[LEONARDZIR]

Dec

US rtn. Flat
DTVI. FLAT
US MR. -2.2%
US MOC. – 12.2%

Mucked up my MOC. Should be down 3.3%. Unfortunately put 10 times my account size in my exploration and ended up in 4 stocks instead of 22 on a big down day. Didn’t doublecheck my order. Down 9% in one day. Only positive is I learned something and thankfully the account was small because I had made some tweaks and just started trading with small size before ramping up.

[Nick Radge]

Ouch. But yep, done that myself once.

[LEONARDZIR]

Thanks Nick. Makes me feel a bit better.

[TrentRothall]

Done that myself len, i changed my code so i can’t enter a extra 0 eg if account is 80k, the acc size can’t be entred more than 99999

[JulianCohen]

Trent Rothall wrote:

Done that myself len, i changed my code so i can’t enter a extra 0 eg if account is 80k, the acc size can’t be entred more than 99999

How did you do that Trent?

[Nick Radge]

There is actually a setting in TWS that allows you to set an alert on trade size, either # shares or $ value.

Configure > Presets > Stocks > Precautionary Settings

[Stephen James]

Just limit the max (4th) variable in the Param function Julian.
Param(“Name”,default,min,max,step)

[JulianCohen]

Craig Fisher wrote:

Just limit the max (4th) variable in the Param function Julian.
Param(“Name”,default,min,max,step)

It’s often such a simple fix!!

Thanks Craig

[LEONARDZIR]

Trent,
That is a great idea. Also curious how you changed your code.

[TrentRothall]

As craig suggested above Len, i actually set my operating code so the values can’t be changed at all because once i started running multiple systems and multiple explorations daily i found it was easy to forget to hit the “Reset All” button in the parameter window. This way i could still view what the values were in the parameter window but couldn’t accidentally enter a wrong one, or have a wrong value stay from a previous exploration

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