[LEONARDZIR]

Just an observation. My MOC is turning positive this month particularly past few days. I notice that there has been a change in the market. There are now days where the market sells off in the morning and rallies in the afternoon. Also noticed a few other things like money is now moving into growth and away from value. Hope it continues.. Had been reducing position size per Nick’s post.  Now working out how to increase position size if the MOC remains profitable.

[LEONARDZIR]

Thanks Kate. I have my own ideas about ramping up the account when it turns profitable. Just curious how Parker handled the issue.

[LEONARDZIR]

Kate,
Did Parker mention any rules for how you ramp up your account as it turns profitable after a drawdown?

[LEONARDZIR]

Thank you.

[LEONARDZIR]

Thanks you.

[LEONARDZIR]

Nick , so bottom line, you will just continue to trade your MOC without major changes?
Thanks
Len

[LEONARDZIR]

June 2022
US MOC – 15.9%
USMR     -20.2%
TLT flat
USMOMO  flat

I have been using the turtles position sizing method for leveraged portfolios posted by Nick otherwise would be down close to 40% in my MOC. Since significantly past my historical drawdown stopped trading my MOC. Will start back again as of July 5th.

[LEONARDZIR]

Sorry Glen meant to compliment you on your MR trading.. New format for forum snagged me a bit.
Len

[LEONARDZIR]

Julian, nice results in US.
Len

[LEONARDZIR]

May 2022

USMomo.   -0.7%
TLT.            -0.1%
MOC.         -4.74%

[LEONARDZIR]

Based on Nick’s post zi am using the “Turtles” portfolio management system for my MOC.  iI have a significant reduction in position size which is really helping with the drawdowns. Still thinking about how to up my position size when I start turning a profit.

[LEONARDZIR]

Thanks Nick. Kaufman also mentioned the Turtles drawdown system. Interesting concepts.

[LEONARDZIR]

I was reading “Kaufman Constructs Trading Systems” and I adopted one of his “business risk “ideas. I’ve lost a fair amount of money in my MOC over the last several months(now greater than my max historical drawdown). Today I had a 7.6% loss less than I would have had at full position size. Basically he suggested in leveraged portfolios cutting your position size by 20% as soon as you reach 1/2 to 2/3 of your max historical drawdown. For every 1-2% beyond that reduce your position size by 20%. I started using the model at the beginning of the month. As of today I am down to 40% position size( should be lower because of 7% loss today but will keep at 40% for now. He also has rules for how to increase your position size after a drawdown.
I spoke to him about coding the system but he told me it would be tricky to code. I am basically trying to stay in the game with my MOC. I don’t want to stop trading it even though I am over my max historic drawdon since backtested results are so good.

[LEONARDZIR]

Thanks Julian.
Good advice and I see that my MOC results aren’t appreciably different from some other members. That is comforting.

[LEONARDZIR]

April 2022

US MOMO -3.9%
TLT -5.2%
MOC -10.38%

Not thrilled with my MOC so far. Not at historic drawdowns. Have cut down my position size until it starts to turn profitable again.

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