Forums › Trading System Mentor Course Community › Progress Journal › Scott’s Journal
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November 1, 2024 at 3:57 am #103330ScottMcNabParticipant
Oct 2024
MRV1 3.5%
MRV2 4.1%
MRV3 1.9%
MRV4 1.4%
MRV5 -3.2%
MRV6 -1.4%November 1, 2024 at 6:05 am #103331ScottMcNabParticipantFor all you jet setting adventurers out there looking to download something for the plane or airport lounge “Slow Horses” is worth a look….British drama / dark humour done well..on apple tv but could also be elsewhere
November 3, 2024 at 12:51 pm #116361TerryDunneParticipantThe books are fantastic too!
November 4, 2024 at 12:39 am #116371JulianCohenParticipantI didn’t think to see if the series was based on a book. I’ll check it out Terry Thanks
November 4, 2024 at 3:54 am #103332ScottMcNabParticipantJust had a flash back to 2016 (?) election when was news sites started reporting that Donald Trump was likely to win election and markets were tanking. I was at work at the time when I heard so I must have been trading ASX back then for it to be an issue I guess. I remember exiting the market with my laptop from work and then watching it rebound after I closed all my positions. Lucky I will be asleep for most of the time US markets open (and not trading ASX at moment) this time. I imagine it will still be an interesting ride until the uncertainty is resolved.
November 4, 2024 at 6:42 am #116381JulianCohenParticipantThis time it will probably tank if it looks like he is going to lose
I’m going to sleep though it and see the carnage in the morning
November 29, 2024 at 8:03 pm #103333ScottMcNabParticipantNov 2024
MRV1 1.2%
MRV2 1.0%
MRV3 2.8%
MRV4 1.0%
MRV5 1.5%
MRV6 1.3%December 27, 2024 at 9:19 am #116670ScottMcNabParticipantAn interesting year. I found it much harder to get back into the swing 🙂 of things than I expected. My systems had become outdated in their time on the sidelines (re some changes to the RT code) and I found my reluctance to engage with the markets in combination with my lack of confidence with my code meant that I took some time to incrementally build back to full position sizes (which was finally achieved again on 01 July).
I have now closed out for the year (on Dec 24) to do some minor tinkering/housekeeping around allocations to accounts so they are ready to go from Jan2. Returns for the accounts/systems for the calendar year are listed first followed by annualised return for 2024-25 financial year (in brackets) when started back trading with full position sizing:
MRV1 10.1% (11.5%)
MRV2 10.1% (16.3%)
MRV3 12.3% (24.7%)
MRV4 23.5% (31.3%)
MRV5 21.5% (45.6%)
MRV6 8.9% (19.4%)
No prizes for guessing which account has the largest allocation. Damn the market gods ! (but then again….first world problems right). Although it is not really my trading as such, my parents have been implementing the Chartist ASX All Weather Portfolio and have enjoyed the amazing returns they achieved this year.
It wouldn’t be this time of year without some reflection and I would like to wish everyone happy and safe holidays (if you have them) and express my gratitude to all those who have made up this community for the last 8 or so years. Nick, Craig and the team have created an atmosphere where thoughts and results are shared openly. What are the chances of finding such a community in retrospect? I doubt I would still be trading without it.
Cheers (hic)
December 27, 2024 at 8:05 pm #116717Nick RadgeKeymasterThanks for the update Scott. This is a journey and regardless of how long we do this, we always tend to stray here and there. In the words of Jocko Willick it’s just simply a matter of hopping back on the path.
Best of luck in 2025. And glad to hear your parents stuck with the All Weather. Certainly paid big time this year.
December 29, 2024 at 8:59 am #116769ScottMcNabParticipantThanks Nick. All the best for 2025 too. Regards Jocko, I think the difference for some of us is in regards to the use of the word “simply” in his philosophy. For him (and many others), it probably is simple. I watched my father get up at 3.30-4am most mornings and run 10-40 k (depending on what stage of his prep for the latest marathon was up to). For me, I’ve found it helps to arrange to exercise with someone to make it that one step harder to be unaccountable. For me, this forum is invaluable as a source of accountability, inspiration and practical advice.
December 29, 2024 at 1:01 pm #116774JulianCohenParticipantHappy New Year Scott….nice returns indeed mate…all with small leverage I would guess?
January 1, 2025 at 10:22 am #116828ScottMcNabParticipantHappy New Year Julian. The annualised returns for the FY (in brackets) were a shameless attempt to make me feel better. For the calendar year the entire portfolio made approx 15% which is fine for the amount of time it was invested. I haven’t used leverage for a few years now (except for the occasional dabble if a new idea pops up…and then bursts) so all systems have been using “cashnextday” since Marsten added it
January 2, 2025 at 6:44 am #116867RichardKozielParticipantHappy New Years Scott
January 2, 2025 at 9:30 am #116868ScottMcNabParticipantMany thanks. Happy New Year Richard
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