Trents Weekly Journal

[TrentRothall]

Thursday 31.3.16

0 Entries and Exits

2 Exit Signals
2 Pending entries

After exits will be 5 open positions

[TrentRothall]

Friday 1.4.16

2 Exits
1 Entry

1 pending exits
4 pending entries

Weekly Wrap – to date

Have been paper trading for just over a month now, everything is functioning as it should with the system. Will start trading it live in a few weeks because i am going away next week for a few days so no point in starting before then i think.

Total trades so far including open positions

20 Trades

13 Winners
7 Losses

65% winners, which is just a touch below backtest results so basically on track. Tiny sample though

Total return is 4.1%

Pretty smooth month no real bad losses although there is a open position in WBC which is down 6.2% at the moment…

[TrentRothall]

Monday 4.4.16

1 Entry

2 Exit Signals
4 Pending entries

Will be 5 open

[TrentRothall]

Tuesday 5.4.16

2 Exits

16 Pending orders
1 Pending exit

4 will be open

[TrentRothall]

Wednesday 6.4.16

Paper trading is complete! Everything seemed to work how it should with the system, the only issue that arose was when the days low was exactly at my buy limit which caused a partial fill due to not enough shares available at my price. Nick said this happens occasionally.

Will start trading next week when i am back home. **cue market crash**

[ScottMcNab]

Congrats Trent…

[TrentRothall]

Scott McNab wrote:

Congrats Trent…

Thanks Scott, i am happy with it. Hopefully can trade it for the next 10 years now!

[TrentRothall]

Monday 11.4.16

First trade is underway for the system

1 Entry

12 Pending entries

Still loving the bulk upload of trades from Nick’s API

[TrentRothall]

Tuesday 12.4.16

2 Entries

11 Pending entries

[TrentRothall]

Wednesday 13.4.16

1 Exit signal

7 Pending entries

Will be 2 open

---

Started paper trading a system that is a combination of two separate ones. It takes fewer signals when my index filter turns down, but these signals have a greater chance of being a win. When the index is up the trading frequency increases

Don’t know if i will trade it yet but i just want to make sure backtests/ explorations match realtime trades so i can trade it in the future if wanted. It seems to have greater returns when the market is trending hard one way or another compared too a sideways market, where the original is better.

[TrentRothall]

Thurs

Sold my first position for a 10% profit, so cant complain about that!

Friday 15.4.16

1 Exit

Zero orders for the first time since running the system during paper/live trades. Shows the ASX has had a good week.

2 Open positions

[ScottMcNab]

Are you using Share Trade Tracker to keep track of your paper trading as well as your live trading Trent ? Paper trading multiple systems from the same IB account would necessitate keeping track of the portfolio equity for each of the systems to enable accurate position sizing (based on unrealized P/L and commission costs) as look to open new positions ??

[TrentRothall]

Hi Scott

I only started paper trading my hybrid system after i started trading my main system live for that reason. So i am only using my IB sim Acc for 1 system. i am not going to use Share Trade Tracker for my paper trading account from now on, i will just use IB’s reports for checking positions.

I combined two systems into 1 if that makes sense, so i can take a signal from two separate setups while running 1 piece of code.

[Nick Radge]

Share Trade Tracker allows you to have unlimited portfolios. I trade several portfolios in one account and US Share Trade Tracker to manage them.

[ScottMcNab]

Do you have different IB accounts for US and AUS markets Nick ? I am trying to get my head around the possibility of needing to account for currency conversion. It would seem a lot simpler for position sizing to keep an IB account for the US markets set to US currency and have a different IB account for AUS markets with currency set to aussie…or does Share Trade Tracker handle this ?
Thanks

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