[Nick Radge]

I’m looking at various things to see what changed this month.

Top chart is the close off the low expressed as a percentage of the close.

Second chart shows the day’s volatility expressed as a percentage of the close.

[Nick Radge]

 Looking for answers…something has changed in the market over the last month. 

And another view shows the close of the $SPX from the low expressed as a percentage. I’ll go look at those other spike to see the impact on drawdowns

 

[Nick Radge]

June 2022

ASX
Growth Portfolio: 0%
WTT: -1.35%
ASX Momo: -3.30%

US
HFT: -19.50% 
US Momo: 0%
MOC: -34.9%
DTVI: 0%

[Nick Radge]

I’ll ask Mike

[Nick Radge]

Here is my underwater equity since 1995. Shows we’ve been here before, once in 1999 and again in 2011. Interestingly the 1999 drawdown occurred on a single day. The 2011 slap was -19.2% on a single day.

 

[Nick Radge]

Quote:

What sort of exercises do you do?

Usually start drinking after breakfast

[Nick Radge]

Tough times for the day trade and mean reversion systems. It happens. I’m spending a few hours today going back through my testing and crunching some data. This is an exercise that can restore some confidence.

[Nick Radge]

Quote:

The broker insisted that systematic trading was “risky”, yet our AUD portfolio with this broker dropped 22% last month (YTD the drawdown is worse). One of the shares we bought on his recommendation, which he described as “one of the best buys I’ve seen in my 30 year career” dropped 43% 6 weeks after we purchased it.

I just love these stories…

[Nick Radge]

Yeah…I went to the gym and had 2 from 5 fills only…

[Nick Radge]

May 2022

ASX
Growth Portfolio: +0.21%
WTT: -6.04%
ASX Momo: +2.36%

US
HFT: +0.88% Trading R-1000 & R-2000.
US Momo: -0.70%
MOC: -8.24%
DTVI: -0.10%

[Nick Radge]

Maybe a selection of the stocks you’re trading do not have available margin…?

[Nick Radge]

Yes, we’re aware of the issue.

[Nick Radge]

Last post on Twitter is 3 years ago.
I would say, like so many of these services, you can have the best system or analysis, but getting clients is a different skill set. Tony Sycamore was very similar – great coverage, very professional, but after 3 years he only had 4 paying clients.

[Nick Radge]

Thanks for allowing me to take the fall.

[Nick Radge]

Hi Alex,
Reach out to Craig for the coding, then connect with me so we can expedite your progress.

Nick

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