Trents Weekly Journal

[TrentRothall]

They get filled on a first in basis I believe, you don’t know how many or how few positions will hit the LMT order. I don’t always use the API only when it is required to manage positions. The API hasn’t had to close any positions since I’ve been using the system in the first few months.

Yesterday being a weak day and with 60 orders I thought I would have more fills also, but it is just how it worked out I guess. The day before I had 15 orders and about 7 fills.

When I was paper trading I reset the account balance to my actual real-time trading account balance to get a more realistic view of how it will feel trading,then just traded it how it should be traded

[TrentRothall]

Yesterday was the first day my systems index filter switched to defensive mode, so today i had about 19 orders instead of the 36 that would have been placed if the filter wasn’t on. The idea is to only take higher quality trades when the market is moving down.

[Anonymous]

Trent Rothall wrote:

Yesterday was the first day my systems index filter switched to defensive mode, so today i had about 19 orders instead of the 36 that would have been placed if the filter wasn’t on. The idea is to only take higher quality trades when the market is moving down.

interesting idea! is there a point where your system switches off completely?

[ScottMcNab]

I am using a lower buy limit when market moving down (larger atr drop needed for entry) but haven’t been able to get an index filter to work yet…encouraging to hear its working for you. I think I will revisit it.

Thanks Trent

[TrentRothall]

No it doesn’t go to cash at all just takes the better trades instead of all available ones which it normally would

[Anonymous]

Trent Rothall wrote:

No it doesn’t go to cash at all just takes the better trades instead of all available ones which it normally would

i think ill have to try something similar and see how the results look…

[TrentRothall]

Yeah works for me, smooths the equity curve and lessens DD

[TrentRothall]

June’s Results

A very bitter sweet month for me. A combination of bad luck and not trusting myself over brexit on monday cost me a few % should have been well into double figures. A few trades didn’t trigger in my account because the low wasn’t quite there but they triggered in Amibroker, one was a 18.2% win and naturally the others were all winners to!

But i am still happy so not all is lost – live and learn. Next 1000….

29 Trades

8.2% return

Total Return – from 11.4.16

65 Trades

49 Wins
16 Losses
75% win rate

Win/Loss ratio of 0.99

Total Return 13.3%

[Nick Radge]

Great effort Trent – a job well done.

I made 5.7% for my ASX MR system for June – but missed trading on Wednesday due to travel. That cost me 11%…

[TrentRothall]

I think missing profits prrobably hurts more than losing.. At least going into drawdown would have meant i was following the system. I should have hit 15% for June if all my trades filled and i traded on Monday – that would have taken me to my end of year goal i had set already.

Ah well

Only 1 entry signal today from 500 stocks, shows how strong the bounce has been

[TrentRothall]

zero signals today which is a first and zero open positions, sold my last open positions this morning

[Nick Radge]

Quote:

But i am still happy so not all is lost – live and learn. Next 1000….

Remember that 95% of people lose at trading.

You have a proven trading plan that has been well thought out and extensively tested. You’re in the 1%.

[TrentRothall]

Nick Radge wrote:

Remember that 95% of people lose at trading.

You have a proven trading plan that has been well thought out and extensively tested. You’re in the 1%.

Yeah that’s good to know, thanks.

Another quiet day 2 buy signals

[TrentRothall]

Very quiet July so far. Only 2 trades

No signals again

[LeeDanello]

From your back testing what is the average number of trades taken per day

[Author]

Posts