Taranveer’s Journal

[TaranveerSingh]

Trent Rothall wrote:

Great news mate

Your emails seem priceless now Trent. Thank you

[JulianCohen]

I’m really happy for you Taranveer….just looking back over the last few months, things have definitely changed for you.

[TaranveerSingh]

Julian Cohen wrote:

I’m really happy for you Taranveer….just looking back over the last few months, things have definitely changed for you.

Thanks Julian. Appreciate it.

[TaranveerSingh]

Hello folks, when you are out of equity positions and in cash, do you hold a cash-like security? Which one do you prefer? any reason?

[Nick Radge]

You can hold a cash security such as a bond ETF, and this can be included in your system code as well. My research tends to lean toward longer-term bonds, such as the $TLT in the US.

[TaranveerSingh]

Any reason why you choose long term bonds over short term? Long term bonds would be more sensitive to interest rate changes if I’m not mistaken?

[TaranveerSingh]

April 2021 results:

R1000 trench 1 = +3.95%
NDX trench 1 = -1.04%

R1000 trench 2 = +7.08%
NDX trench 2 = -2.03%

Took the hedge off this month as directed by the system.

India, especially Delhi, is affected by a massive covid crisis. Since I had it last year, I offered to assist many patients in various necessary errands. The entire month I would wake up to news of some known person passing away. As overwhelming it was, the whole month reminded me of just how important it is for your assets to work for you not only while you sleep but also while you can’t sleep (due to being on your toes).

Understandably, and due to no fault of their own, my actively working friends can’t take out the time to help as much. Every new life phase makes me grateful for what trading offers you if you do it right.

Also, I just got my Canadian residency. Need to decide whether to continue trading from Indian account or move it to Canadian base. If anyone has Canadian tax filing experience, could I email you?

Wish you all good health and new equity peaks

[Nick Radge]

Well done on the trading Taranveer, and very sad to see what’s happening in your country.

[TrentRothall]

All the best Taranveer, hopefully you and your family are safe!

[TaranveerSingh]

Thanks Trent. Fortunately, everyone’s recovered more or less.

[TaranveerSingh]

May 2021 results:

R1000 trench 1 = +5.46%
NDX trench 1 = +2.93%

R1000 trench 2 = +4.93%
NDX trench 2 = -0.67%

[Nick Radge]

Nice work Taranveer.

[TaranveerSingh]

1) One of the smartest guys I knew in college shared how frantic he’s feeling now that equities are doing well (he’s buy and hold).

2) Shared the basics of how I trade, with the man who introduced me to mutual funds years ago. Given that he swears by mutual funds and buy and hold, he was way too shocked/impressed by how good trading considers risk more than buy and hold does.

3) Explained backtesting and stress testing to a data scientist friend. She comes from a family of stock brokers. Had approached her grandfather 5 years ago to learn trading from him (he denied). Now she’s explaining these concepts to her dad.

Needless to say, I feel grateful for where I am process-wise. Scary to think where I’d be without the course.

[TaranveerSingh]

June 2021 returns –

(All monthly rotational)

R1000 trench 1 = -1.61%
NDX trench 1 = -2.48%
R1000 trench 2 = -1.52%
NDX trench 2 = -3.44%

I am doing real good emotionally. There was a steep fall mid June but didn’t bother me much as I trust the index filter, Knowing that “there can’t be an uptrend” without me in it is reassuring.
Was waiting for a negative month to see how I feel through it and I’m glad.

[TaranveerSingh]

July results
R1000 trench 1 = -4.56%
R1000 trench 2 = -9.7%
NDX trench 1 = -6%
NDX trench 2 = -6.3%

Another down month which is just routine.
Feeling stupid/uncomfortable due to some problems I realized –
1) I was executing my strategy using Unadjusted prices so last month there was some shuffling.
2) Dumb question but how do I know if my dividends are being added to my holdings? I did select that option when I opened my IB account.
3) When I update my dividends in STT, I don’t think the dividends get added in the holdings. (I think as a result of this) my account balance is more than what STT is displaying. Or my STT book keeping isn’t perfect. I’ve been updating the trades correctly. Anyone who’s been through the same?

[Author]

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