[Nick Radge]

Quote:

So ASIC actually does some things that are useful then Nick

Rarely…

The biggest insider trading case in Australia. ASIC only found out after two brokers reported to them.

ASIC put a single investigator on it.

They then realised that they needed higher powers so called in the Federal Police.

The Feds put 80 investigators on it and eventually busted them.

Nothing like being committed…

[Nick Radge]

Just to put it out there, since MF Global, ASIC has made it a requirement that any international companies operating in Australia must now need to be (a) an Australian company, and (b) hold an AFSL.

So opening an account with IB is actually IB Australia now and not IB LLC USA as was the case with MF Global.

That said, trust nobody…

[Nick Radge]

My ASX Momo strategy having a drawdown so I’m topping up the allocation by 25%.

The average drawdown over the last 20-yrs is -19% and the last 10-yrs is -16.7%.

We’re currently at -13.5%.

[Nick Radge]

Hi Rob,
Rather than use DropBox, you should be able to simply cut and paste the upload from the PC to VPS.

Nick

[Nick Radge]

I can put in a support ticket. Scott will want to see your book though. Maybe send me the specific details and I’ll reach out to him.

[Nick Radge]

Will do.

[Nick Radge]

Ed,
Take a look at this video on how I do it.

Portfolio Management Software for The Chartist

[Nick Radge]

I have several SelfWealth accounts and never have an issue.

As Julian says, place the order 3%-5% above yesterdays closing price and ensure it’s done that way before the market actually opens.

[Nick Radge]

Actually, my HFT data was incorrect. Current drawdown is -15.5%.

[Nick Radge]

Is your MR system tracking the backtests Len?

[Nick Radge]

Tim posted some stats on his current drawdowns. Here are mine currently:

ASX
Growth Portfolio: 0%
WTT: 0%
ASX Momo: -5.06%

US
HFT: -15.50%
US Momo: -7.13%
MOC: 0%
DTVI: 0%

[Nick Radge]

Why not IB Lite? $0 commissions and use the API.

[Nick Radge]

August 2021

ASX
Growth Portfolio: +8.64%
WTT: +3.47%
ASX Momo: -5.06%

US
HFT: -2.50%
US Momo: -0.07%
MOC: +4.62%
DTVI: +6.57%

Growth Portfolio starting to kick along now after making two small adjustments. We’ll keep tracking till year-end before introducing adjustments to clients.

US Momentum undertaking a change starting this month as well. We’re moving from a volatility adjusted position sizing to a fixed percentage allocation. This is aligned with our other portfolios and more so to simplify the workload and reduce trading frequency.

[Nick Radge]

August Monthly Call

[Nick Radge]

Group calls are here.

https://edu.thechartist.com.au/Forum/running-your-trading-business/97-group-call-recordings.html?start=50#11681

Yes, due for another one.

[Author]

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