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May 2, 2022 at 2:28 am #114613TimothyStricklandMember
April 2022
NDX Momo: -11.1% going to cash again. (-35% Drawdown)
MRV HFT: -11.7% (-41% Drawdown)
6050 Options SPX: -7.5%All systems are getting hammered
I’m glad I turned the NDX Aggressive off. It would be down 49.2% this month lol. After testing several times there was a chance of “Risk of Ruin” which I can’t afford.
June 30, 2022 at 10:52 pm #114713TimothyStricklandMemberMay 2022
All systems in cash
MRV HFT (permanently shutdown). I turned it off at a 35% drawdown.June 30, 2022 at 10:52 pm #114855TimothyStricklandMemberJune 2022
All systems in cash
MRV HFT would now be in a 65% drawdown if I would have left it on….I will be spending some time re-evaluating my systems this next month with the priority on preservation of capital. 2020 was a great run and I made over 200% that year overall but gave a lot of it back. I am still profitable overall, up 40-50% but that was because I managed to turn off some systems that were performing outside of testing parameters. When I initially created my systems, I was looking more towards maximizing profits rather than limiting drawdowns. That will change on the new systems that I make.
August 2, 2022 at 11:52 pm #114856TimothyStricklandMemberStill in cash. I am getting profits from other places now, I have been getting a series of out of cycle market raises this year due to inflation and an increase in my programming skills at the company that I work for. This course started me down the path of programming and now I am a senior software engineer. I love my job again and getting paid almost 3x of what I was making before taking the course. Hoping to dig into some new strategies next week since I will be taking time off from work to do so.
After much research I have decided not to pursue a career in quant finance as I hinted at in an earlier post months ago. The work is too stressful, and it wouldn’t add that much to my salary for the level of stress taken on. Also, I found out that I would have to sign a non-compete which simply isn’t an option for me. A non-compete is where I wouldn’t be able to trade my own money due to the hedge fund fearing I was using their strategies lol.
August 3, 2022 at 12:09 am #114989JulianCohenParticipantThat’s a great story Tim…I think it’s great that you came into the course wanting to stop the rot on your trading, and came out of the other end with a career!
August 3, 2022 at 4:07 am #114990KateMoloneyParticipantYou’ve made great progress Tim. Well done.
October 9, 2022 at 5:48 pm #114991TimothyStricklandMemberHaven’t posted in awhile. No changes to strategies.
Both August and September were 0% since all strategies are still in cash. Good news on other fronts. 2 of our properties are looking to be sold which should generate a hefty profit.November 30, 2022 at 10:29 pm #115115TimothyStricklandMemberWasn’t planning on getting back in this month but the Fed ruined that lol. Yay to the slowing of interest rates I guess.
December 1, 2022 at 3:33 pm #115245TimothyStricklandMemberAs of yesterday, I have finished all my college classes for my Degree in Computer Science, a road a I started many years ago. Now that I am finished I can devote more of my time to trading and strategies. I will be taking a long vacation but when I get back I’d like to work with Nick and Craig to get my MOC and new MRV setup.
My NDX Momentum system is live again today and looks like it is invested in mostly energy and big pharma companies, I didn’t see a single tech company in there understandably.
January 5, 2023 at 1:08 am #115255TimothyStricklandMemberNDX Momentum – -4.8% (Back to protection mode)
April 3, 2023 at 4:01 pm #115371TimothyStricklandMemberMarch 2023:
NDX Momentum: +2.7%
MOC: -8.7%
MRV: +0.5%July 4, 2023 at 3:26 pm #115527TimothyStricklandMemberApril 2023:
NDX Momentum: -0.3%
MOC: +0.7%
MRV: -0.2%July 4, 2023 at 3:26 pm #115674TimothyStricklandMemberMay 2023:
NDX Momentum: 3.0%
MOC: +0.4%
MRV: +1.4%July 4, 2023 at 3:39 pm #115675TimothyStricklandMemberJune 2023:
NDX Momentum: +8.3%
MOC: +1.2%
MRV: -0.2%August 5, 2023 at 3:00 pm #115676TimothyStricklandMemberJuly 2023:
NDX Momentum: +0.1%
MOC: +0.3%
MRV: 0% -
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