Trents Weekly Journal

[TrentRothall]

oh so you have for buys as well? i was more thinking just sells. No worries

[TrentRothall]

What’s going on with the ASX today? Delayed open for some reason?

[Nick Radge]

Some technical glitch…

[TrentRothall]

Someone’s getting the sack at the ASX…

I had to resell two of my positions..

[ScottMcNab]

My sell limit orders didn’t go through for some reason. Did anyone else have any sell limit orders on the close ? TWS had a light blue colour beside the sell orders….seemed TWS trasmitted the orders ok but not acted upon.

[TrentRothall]

There was all kinds of funny stuff going on today..

I didn’t have any of those orders sorry

[SaidBitar]

I think today they stopped trading on ASX due to technical reasons
This maybe the reason

[Nick Radge]

Quote:

My sell limit orders didn’t go through for some reason.

I had 4 sells go through once the market opened but the fills were fragmented. Quite a few trades got busted so perhaps that was the issue. Not much you can do but place them again for tomorrow.

[TrentRothall]

Scott McNab wrote:

My sell limit orders didn’t go through for some reason. Did anyone else have any sell limit orders on the close ? TWS had a light blue colour beside the sell orders….seemed TWS trasmitted the orders ok but not acted upon.

On the news they said the arket closed early too. That would explain it

[ScottMcNab]

Got it from IB

[TrentRothall]

September Results

37 Trades

-0.3% return

Pretty happy in the end was down 3-4% and clawed a bit back

Picked up a few dividends too which i didn’t realise i would be able to get, i thought i would need to hold a certain stock for a longer period.

Total Return – from April

171 Trades

57% win rate

1.06 W/L

1.43 PF

16% Return

Still in about a 6% DD, but everything is operating smoothly.

[TrentRothall]

Had a sell in OGC this morning, was looking like a good trade until it gapped down 13%, opened below my LMT order then once i realised i sold with a MKT order at the low of the day… ffs

[TrentRothall]

Been testing a few trend following systems lately, so far the best i can find is a simple weekly breakout type system similar to WTT. Limiting the max price seems to help boost returns. Testing has shown a bumper year in 2016. If anyone has any tips fire them at me =]

[SaidBitar]

If it is on AORD then try to exclude Resources this will give you less returns but lower volatility since in the last 8 years they are only heading down, but looks this year they are going up.

If in US market this year so many stocks went down more than 40% in one day so honestly no idea how to avoid them just proper position sizing.

2016 should be good year especially (at least in my system )2015 my equity curve was heading only down till Feb 2016.

The only tip i have is expect lower CAR deeper DD in comparison with MR systems :blink:

[SaidBitar]

One more thing i was thinking about it on Monday but did not test it yet (even though i am sure i tested before but i do not remember the results) is multiple exits. The entry is good not as important of the trade management (position sizing and exits) so maybe it is good idea to check multiple exits so if you are buying HHV of x duration test two exits adaptive trailing stop and LLV of Y periods. i do not think it will improve CAR but maybe it will improve the DDs by exiting earlier and then you can jump on another stock (BB Breakout system was using trailing stop and the lower BB as an example)

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