Taranveer’s Journal

[Nick Radge]

Unless you opted for dividend reinvestment, dividends are paid in cash in both your IB account and in STT.

Your holdings shouldn’t change.

The net return will be the same in cash terms.

[TaranveerSingh]

Nick, I did opt for reinvestments and was confirmed of the same by a rep. Will go through my trades once again.

[ScottMcNab]

Could the diff between account balance and STT be fx related Taranveer ?

[TaranveerSingh]

Hey Scott, I was not adding the dividends received in STT. Now the difference is negligible.

[TaranveerSingh]

Aug 2021 results

NDX trench 1: +5.26%
NDX trench 2: +1.87%
R1000 trench 1: -1.47%
R1000 trench 2: +3.66%

[TaranveerSingh]

Sep 2021 results
NDX trench 1: -5.8%
NDX trench 2: -1.42%
R1000 trench 1: -2.14%
R1000 trench 2: -2.6%

Got some mean reversion going on with my monthly performances. But so far, I’ve been absolutely ok with the ups and downs. Haven’t felt overtly excited/disappointed. Just grateful for how stoic I can afford to be with the robust process oriented approach.

[TaranveerSingh]

Oct 2021 results
NDX trench 1: +4.67%
NDX trench 2: +3.82%
R1000 trench 1: +4.18%
R1000 trench 2: 2.37%

Doing good. I’m emotionally aligned with how this strategy is supposed to be working. Feeling more stoic every passing month.

On a funny note: Moved to Canada last month and had a job interview today for an investment service rep role. I was asked to talk about a “news” on a stock I’ve been following and am interested in.

I had a hard time explaining that I’ve invested a significant chunk of my life savings in a way that I don’t even need to know the company names, forget news.

[JulianCohen]

Nick has ruined you for this type of role. You’ll have to reach deep into the bag of bull crap to come up with some good stock speak for them

[Nick Radge]

That’s right. I got dropped from AusBiz because I didn’t have a good enough story.

“It’s going up, buy”
“It’s going down, sell”

[KateMoloney]

Because making money is too boring for the media ….

[TaranveerSingh]

Julian Cohen wrote:

You’ll have to reach deep into the bag of bull crap to come up with some good stock speak for them

I’ve seen many “investing” youtubers use the terms technical analysis and charts in air quotes. Cracks me up. Will try that in an interview.

Nick Radge wrote:

That’s right. I got dropped from AusBiz because I didn’t have a good enough story.

“It’s going up, buy”
“It’s going down, sell”

Haha. That should’ve inspired a generation of traders

Kate wrote:

Because making money is too boring for the media ….

Lucky us.

[TaranveerSingh]

Nov 2021 results
NDX trench 1: -2.88%
NDX trench 2: +3.82%
R1000 trench 1: +0.36%
R1000 trench 2: +4.17%

[TrentRothall]

Doing well Taranveer! Nice results lately

[TaranveerSingh]

Thanks Trent (all goes back to your emails once upon a time).

I’m just glad I don’t swerve in down months. I suppose that’s the only thing I’d take credit for.
That and putting on the right trades.

Been busy settling in a new country so that helps being detached from the trading results.

I have contemplated the following thought a couple of times since I moved to make my life easier –

As of now, I run 4 strategies.
NDX and R1000 rotational on 1st and 10th trading days of the month.

It divides my capital into two days but is still work for 4 strategies.

If I run just two strategies – NDX on the 1st and R1000 on the 10th day, it’d still divide my capital roughly into 2 halves but reduce my work.

Thoughts people? I know it’s “work” for just two days a month – if we can move past that, does this have an obvious downside? Because the capital will still be 50/50.

[JulianCohen]

The only downside I see is that you are concentrating the individual strategy risk, which at the moment is diversified by doing it twice a month.

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