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Nick Radge post=14690 userid=549 wrote:Total account was about -2.52% for the month.
Amazing how we trade similar yet different systems with different % of funds allocated to them, yet for the Total account % for the month was almost the same…..
My total account was -2.54% for the month……..how does that happen? lol
Thanks for the Congratz Terry, much appreciated….It’s been a tough 2 years for all us systematic traders.
In terms of MR systems and ‘secret sauce’….. I think the only secret sauce is the ability to ‘stomach’ some pretty long & extended drawdown periods and some ‘less then ideal’ Max Drawdown during some extended ‘out of sync’ periods with the market….. combined with the ability to stick with the system.
Nick was recently quoted in an article, where he mentioned:
“It takes a very special psychological fortitude to cope with a career where losing money is an integral part of success.”I like this quote….. and have concluded that, maybe I have some of that ‘special psychological fortitude’, combined with a bit of resilience…. or I’m just ‘concussed’ from the ‘face slaps’ the market dishes out from time to time.
Here are some other stats in terms of MAX drawdown for each MR system:
MaxDD experienced in Live Trading for each MR system. (Most systems exceeded the historical backtested MaxDD)…..additionally, the DD has occurred in the last 12-24months (where most systematic MR traders have also struggled….which in turn has validated that my systems aren’t necessarily broken if everyone is struggling etc)
MR#1 -41%
MR#2 -36%
MR#3 -45%
MR#4 -57%
MR#5 -67%So, some pretty big numbers there, which is not ideal….and a bumpy ride…etc….. and high amount of volatility….. But, it seems to work out OK in the long run…when the systems sync up with the market.
NOTE: MR#4 & MR#5…. they trade in the “ALL” stocks universe (small caps etc…which is an area of the market which has struggled considerably these past 2 years, which goes part of the way of explaining the deep drawdown) and I’ve only allocated a very small % of capital allocated to these 2 systems….so I can keep pulling the trigger as the DD only represents a very small % of total account etc….
If you want further details…. then just DM me on the RealTest forum @ “LeTourTrader” or via Twitter etc…
DECEMBER 2023
ASX
WTT -4.54%
ASX100 RTN 0%
XSO RTN +0.81%
ASX LSS -0.71%US
MR#1 +10.52%
MR#2 +14.00%
MR#3 +15.41%
MR#4 +14.54%
MR#5 +4.02%NDX100 RTN +4.76%
R1000 RTN +5.46%US LSS +4.90% (***New System***)
Monthly Total Account: +0.84%
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2023 Yearly System Performance
ASX
WTT +52.18%
ASX100 RTN -25.38%
XSO RTN -13.73%
ASX LSS +35.23% (***New System*** Launched APRIL 2023)US
MR#1 +19.86%
MR#2 +50.04%
MR#3 +41.70%
MR#4 +2.61%
MR#5 -30.72%NDX100 RTN -3.18%
R1000 RTN -15.33%US LSS +4.90% (***New System*** Launched DECEMBER 2023)
2023 Total Account Yearly return: +25.06%
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Launched my LeTour Swing System on the US markets this month. In a nutshell, the same approach as the ASX Swing System.
The story of the portfolio for the year was $AZS.au, without it, my yearly return is likely in the red.
Best returning stocks to be holding in the ASX for 2023 was:
Best returning stocks to be holding in the US for 2023 was:
