Said Bitar Daily Journal

[KateMoloney]

whoops!

Just have to do that for a good day next time 

[SaidBitar]

OCT 2022
MRV : in Cash
DT : 2.41%
NDX MOMO : in Cash

Account : 1.63%

[SaidBitar]

NOV 2022
MRV : 0.05%
DT : -1.31%
NDX MOMO : in Cash

Account : -0.2%

[SaidBitar]

DEC 2022
MRV -5.49%
DT -2.19%
MOMO No trades
Total Account -4.35%
Year 2022
MRV -17.26%
DT -29.29%
MOMO AGG -35.75%
NDX MOMO -20.69%
Account -39.97%
Current DD -42.2%

2022 was a bad year as it is clear from the results partially due to market conditions and partially due to my systems that were volatile. Recently I reduced the volatility of the systems so that such results should not appear again. Somehow it looks like a pattern for me, few years back I did the same exercise reduce volatility to increase it again

Anyhow now I am sitting on 42% DD not my worse I had 55% when I started trading, not a pleasant spot to start the year but it is OK.

Plans for 2023:
Currently I run one strategy for each style, I am planning to run multiple DT, MRV and MOMO.

[SaidBitar]

JAN 23
MRV : 2.3%
MOC : 3.87%
Total Account : 3.81%

[SaidBitar]

FEB 2023
MRV  Combined: -2.54%
MOC Combined: 1.18%
NDX Momo: –7.25%
Hedge : -0.1%

Total Account: -3.19%

[SaidBitar]

MAR2023
MRV  Combined: -1.82%
MOC Combined: -3.01%
NDX Momo: 6.4%
Hedge : -0.45%

Total Account: -5.92%

Due to a stupid mistake in entering the account value into MOC system instead of losing 0.8% of the account for the day, I ended up losing 8% of the account for the day.

[Nick Radge]

Never works in our favour…

[SaidBitar]

APR 2023
MRV  Combined: -1.29%
MOC Combined: -2.11
NDX Momo: 2.61%
Hedge : -0.65%

Total Account: -1.16%

 

[SaidBitar]

MAY 2023
MRV  Combined: -0.44%
MOC Combined: 0.0%
NDX Momo: -4.26%
Hedge : -0.91%

Total Account: -1.68%

[SaidBitar]

JUNE – JULY 2023
MRV  Combined: 3.82%
MOC Combined: –0.16%
NDX Momo: 11.62%

Total Account: 8.34%

[SaidBitar]

August 23
Momentum: 2.1%
MRV: 0.23%
MOC: -4.22%

Total Account: -2.3

 

[SaidBitar]

Sept 23
Momentum: -5.35%
MRV: 1.63%
MOC: -2.67%

Total Account: -5.31%

[SaidBitar]

OCT 23
Momentum: -1.07%
MRV: –0.56%
MOC: -1.6%

Total Account: -3.16%

The last two sessions reduced the loss for the month, but in general long boring and losing month

[SaidBitar]

NOV 23
Momentum: 0.28% (Didn’t trade momentum in Nov but this small percentage is from closing the trades)
MRV: 1.19%
MOC: 1.22%

Total Account: 1.64%

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