Terry’s Journal

[TerryDunne]

Thanks for the feedback Seth, I appreciate it!

[TerryDunne]

R1000 MOC 0.08%
R2000 MOC 0.77%
R2000 MR 5.61%

I haven’t yet got any live longer term systems as the metrics suck compared to the short term ones…so I missed out on the big bucks this month as it seems that was where all of the action was.

Congrats to those people who’ve kicked it this month.

[Anonymous]

Wow nice to see someone made money on the Russell MOC this month!

I’m down on my MOC for the month and I think most others are as well.

[TerryDunne]

Hi Matthew,

Thanks for the kind thoughts…I suppose I will just be happy that the number is positive and move on to this month. Hopefully we are all green this month.

Terry

[TerryDunne]

MOC Russell 1000 3.87%
MOC Russell 2000 8.79%
MR Russell 2000 (1.72%)

Overall 3.24%

[Nick Radge]

Nice work Terry.

[TerryDunne]

Hi everyone,

Quite a bit of action this month for not much result. Having to deal with my first down month, although only in one of my systems thankfully.

R1000 MOC 0.11%
R2000 MOC 5.70%
R2000 MR -1.44%
Total 0.55%

Very close now to having three longer term systems ready to go…just trying to break them. I’m likely to go with 2 momentum systems and one WTT initially and would like to make another WTT system work sufficiently well to trade I was hoping for a beginning of November start but not quite there.

I got side tracked by some difficulty with my MOC orders not automatically closing – was wondering whether it could have anything to do with the API software update. Has anybody else had this problem since updating?

I hope everybody had a great month.

Terry

[Nick Radge]

Quote:

I got side tracked by some difficulty with my MOC orders not automatically closing – was wondering whether it could have anything to do with the API software update. Has anybody else had this problem since updating?

Should be no issues with the software update. All mine have been working perfectly. If you have issues, send me the log file for the day and the day prior when you placed the orders.

Nick

[TerryDunne]

Thanks Nick.

It’s much more likely that I have done something stupid, just wanted to cross that off the list.

[TrentRothall]

i made a mistake of not having separate folders for each system Terry, not sure if you have done this but tht was my stupid mistake!

[TerryDunne]

Hi Trent,

Maybe? I just have them all saved to my desktop. However, that was working fine until late last week, so I think I might have screwed up something specific to that day. I guess I’ll find out tomorrow morning. I might have to stay up and see if the first trade generates the MOC exit.

[TrentRothall]

i asked the question here if you haven’t seen it.

https://edu.thechartist.com.au/kunena/running-your-trading-business/683-new-api-version-update-12-10-2020.html#10413

[TerryDunne]

Thanks Trent, I really appreciate it.

[TerryDunne]

November 2020

MOC R1000 1.08%
MOC R2000 2.64%
MR R2000 3.89%
Total 2.20%

I’m very comfortable now with my long MOC/MR systems and I now have enough of them – 4 each on both R1000 and R2000 for MOC and 2 MR systems on R2000.

I’m still unhappy with the metrics on WTT/Rotational systems, but right now I have about 30% of my funds sitting idle while waiting for me to get this done. I haven’t done very much with this over the last month, except read quite a bit and collect articles with interesting ideas that I need to test.

I’ve spent time attempting to develop short MOC systems, which went well…until I back tested on the current year and my systems lost 50% of their value in a couple of trades through June and July. For anybody who remembers my concerns about shorting from another post I made, this is my worst nightmare. The main reason I am persevering with short MOC systems is I have formed the (tentative) conclusion that they are ‘free’ – I believe that I can run them without allocating any of my capital to them, given that they are unlikely to trade at the same time as any ‘linked’ long MOC system trades. I’d be interested in people’s thoughts on this.

Good luck to everybody for the month ahead,

Terry

[JulianCohen]

Bear in mind that IB will treat any entry as marginable, so being long and short at the same time even of the same stock will incur margin.

So you’ll need to have the funds in the account to cover that situation just in case.

How many instances of the API do you run at any one time?

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