Scott’s Journal

[ScottMcNab]

I am starting to think that after running all the orders and generating csv files and placing them in the “import” folder that I simply didn’t load backet trader up…its a worry…..but by tomorrow it probably wont be bothering me any more if the trend continues

[ScottMcNab]

 

Main discrepancy in system 6 which is on USA ex RUI…on night when no orders went thru (most likely my fault) I missed out on a few big winners…one stock alone made 12% in back test but obviously wasn’t in my account

[ScottMcNab]

That faint voice is whispering….”Nvidia earnings…..you gonna get smashed….smart play is to reduce position size”……

[JulianCohen]

And in the morning you could either hear the voice say “See!! I told you so!” or it could be saying “I knew it was going to go up, lucky you didn’t do anything”

 

[ScottMcNab]

Yeah… I got no idea what going to happen with these sorts of events….my systems lost money but because I’m not hedged at the moment and AUD dropped I made money…every day just open the door and see if its cash or a slap to the face

I watched a few minutes of an interview on you tube of an apparent guru….only thing I remember was the quote:
“If I call heads and the next coin flip comes up heads, I haven’t predicted the future”

Has he or hasn’t he ? By making you think if you agree with this statement he cuts to your underlying belief about life, so called destiny, probability and its application to trading… all in a simple example…love it. In my case I can’t predict what’s going to happen and so just run the large numbers so the expectancy can eventually play out (not this month so far) ( or last month…hmmm )

[Nick Radge]

It’s all about the law of large numbers and not individual events.
You will look back in a year or two and have no recollection of the NVDA earnings nor the AUD movement.

[KateMoloney]

I find it easier not to read the news or know when earnings are coming out.

Ignorance is bliss! You don’t need to micromanage your trading, let the systems do their work.

[ScottMcNab]

May 2024

 

[ScottMcNab]

June 2024

MRV1  2.5%
MRV2  0.8%
MRV3  0.4%
MRV4  8.8%
MRV5  2.1%
MRV6  0.8%

[ScottMcNab]

MRV1  1.4%
MRV2  1.3%
MRV3  4.6%
MRV4  3.4%
MRV5  3.3%
MRV6  7.3%

As may have mentioned before, systems 1 and 6 are exactly the same but just on different universes…interesting how much better MRV6 (USA ex RUI) was this month compared with MRV1 (RUI)…from a quick look at trade list seems to be a combination of picking up a few large moves as well as side stepping the tech tantrum in the later part of the month

[KateMoloney]

Nice work Scott

[ScottMcNab]

received a spanking this morning …. jmia

 

[Nick Radge]

Crap…

[ScottMcNab]

Aug 2024

MRV1  -0.5%
MRV2  -4.1%
MRV3  -5.6%
MRV4   0%
MRV5   -1,7%
MRV6   -5.7%

system on RUI (#1) faired relatively better than same system USAexRUI (#6) this time around…swings and roundabouts

[ScottMcNab]

Sep 2024

MRV1 -1.3%
MRV2  2.9%
MRV3  4.2%
MRV4  3%
MRV5  6.2%
MRV6  0.1%

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