Nick Radge – Daily Journal

[Nick Radge]

So the $18m trade was in Newmont where apparently the best offer was $1999 for some reason. Thankfully they rejected my order!

[Nick Radge]

6 May 2016

US trading still stuck in neutral
ASX MR moving along very nicely – shows the importance of diversifying strategies.

ASX trend strategy hit new equity highs earlier this week. All action is in Small Cap industrials although Resource stocks have been popping lately (I don’t trade these).

[JulianCohen]

Why do you not trade the Rescources stocks?

[Nick Radge]

My testing clearly shows that resource stocks and trend following don’t work well together – at least not the way my system is designed.

[Nick Radge]

Been awhile…

ASX trend following strategy has gone gangbusters lately. New equity highs. A few stocks gone a little parabolic which is a worry, but gains are across the board which is more promising. RBA should cut interest rates again so could be a big 6 to 12-months ahead

ASX mean reversion is just $200 from new equity highs but it’s been a little quiet.

US strategies also quiet at moment.

[Nick Radge]

Missed a big opportunity in PLS.asx

Buy signal at low of day yesterday @ $0.59 – not filled.
Market rallied 16% from that point to todays close.

Very expensive miss…

[TrentRothall]

I sold my position at the open this morning for a 10% loss i think, could have bounced yesterday!

[Nick Radge]

New equity highs in ASX MR.

ASX trend system gave a little back in last few weeks leading into Brexit vote. About 3% drawdown.

US MR taking a bit of a hit so far this month -4.94% and now -4.85% for the year

Interestingly US Momo strategy is about +1.5% for month.

So again a good example of different strategies working well with each other.

[Nick Radge]

Placed 50 orders for the ASX open and filled on 12 at 1/2 risk…portfolio already +1.6% higher… :ohmy:

[Nick Radge]

ASX MR creeping along very nicely. I loosened the entry gate to allow more trades through to up the ante on the system. Slight increase in maxDD but want to put the foot down a little more.

ASX trend system has paused a little after a recent great run. The system is +18.9% in the last 12 months vs market of +6.5%.

US MR is dead quiet – only a handful of trades so far this month. Next 1000 trades.

US Momentum has been traveling well in last few months but being a monthly system I rarely look at the data and just let it tick along. +5.4% last months and so far +2.8% this month.

[Nick Radge]

Mind the gap… :silly:

[CAIHuang]

What system was that with Nick?
That is a scary gap

[Nick Radge]

Mean Reversion system.

[Nick Radge]

ASX MR system ticking along nicely – new equity highs but I have found a glitch in Share Trade Tracker which has added some extra P&L. Developer looking into it and I’ll report with the issue and fix shortly.

ASX trend system has been quiet after running to new equity highs over last 6-months. About +22.1% in last 12-months.

US HFT is just stuck in neutral and is +0.23% for the year and underperforming SP500.

Started new day trading system last night without incident. Ran both API’s together. All fills exactly to the cent as per AmiBroker backtest so happy with that.

US Momentum ticking along. Had a few good months and with US indices squeezing into new high ground hopefully can string a few more winning months together.

[JulianCohen]

Are you running the day trade system on the same universe as the MR system?

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