Still in cash :-)

[MichaelRodwell]

Buy the Bulls Monthly Momentum

Ma19 -7.79
Ju19 +5.49
Ju19 -0.54
Au19 -0.18
Se19 -1.72
Oc19 +3.46
No19 +0.46
De19 +7.48
Ja20 +3.46
Feb 20 -7.56

Mar 20 -18.12

Total Current DD: -24.31%

Return since inception: -15%
2020 Return: -19.80%
$SPX: -20%

April: Cash

[MichaelRodwell]

Nothing to report for April.

Just cash.

I like to think of it as a mental health month. Kicking off May I will be in cash too.

[MichaelRodwell]

Still on the sidelines waiting for the green light…

[MichaelRodwell]

I’m back and its a green month.

After a hiatus in the wilderness I’m back. Sky is still blue, the sun is still rising.

This month my system performed well (+6%). I was 50% invested so bagged 3%. I’ve just about sorted my account issues so I will probably be 100% invested by the end of this month as Im trading two tranches of 50% (1st and 15th of the month).

3 lessons learnt over the past 3 months

1. Follow your system (overrides cost me a few % twice)
2. Testing is very different to live trading
3. Life can negatively effect trading reslts & decisions (see 1)

Overall I’m happy. If we have a few month months of sideways action I wouldnt mind that at all. During the sell off I took a massive hit financially (intra-month drawdown of 35%+ from ATH to ATL) but physchologially is where it got me… and I’m still a little wounded. Eeking out a few positive months or even small negative months would do a lot for my confidence but for now it’s strong enough to pull the trigger and carry on.

Thanks for everyone sharing their results – very helpful!

[ScottMcNab]

Great to see you doing well Mike…interested if you’ve tested doing a “weekend rotation trader” kind of thing with your rotation system? Preliminary testing for me produces similar sorts of cagr with lower dd as long as you bump your “worst held rank” up a bit…psychologically easier in that has potential to exit every week rather than having to hold on for the month. Perhaps a second system could operate this way on a market in a different country for some diversity?
Shame you’re back in green rather than back in black but can’t have everything

[JulianCohen]

What’s a Weekend Rotation Trader? A weekly rotation system?

[ScottMcNab]

Yup..idea being not to turn over stocks more often if can avoid it but just makes system pass its “health check” each weekend

[MichaelRodwell]

Haven’t done much other than split the system into two tranches to trade. One on the 1st and one on the 15th.

Right now I am going right back to basics and working through the course material again to make my next move. I’ve just about accumulated the funds to go live with my ASX system (well it actually was go live a while back but all the carnage started and I just put it on Ice).

[MichaelRodwell]

Pretty much a nothing month.

0%.

Was going along quite nice but got my arse handed to me from $BMRN and a few others sold off towards the end of the month.

My time will come… just not this month

[JulianCohen]

It’s still creeping up. better than creeping down

[MichaelRodwell]

Yep! Definitely happy about that. I would be happy with a bit of sideways action with an upward bias!

[Anonymous]

Yeah its a shame a few outliers took the shine off for the month.

Onwards and upwards!

[MichaelRodwell]

Been in cash during september.

Emotional issues.

Needed some time to clear my head and chat to Nick.

Ready to go for the rest of the year an beyond.

(model system down 3.8%)

[TrentRothall]

All the best mate, markets not going anywhere!

[MichaelRodwell]

Thanks Trent. Can be a lonely game looking a the screens (which I wont be doing too much of from now on!)

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