[Nick Radge]

The stop is based on the close price, not the intra-week price.

This was done for two reasons;

Firstly, ease of use. Back in the day many brokerages didn’t have stop-loss orders or charged to place stop losses (I think Commsec still do).

Secondly, slippage on smaller caps.

[Nick Radge]

Nice work Taranveer.

[Nick Radge]

Quote:

Nice one Terry! What is your position size ? That’s the key component of risk after all

I think this is the Balls-Deep method.

[Nick Radge]

May 2021

ASX
Growth Portfolio: -2.30%
WTT: +3.08%
ASX Momo: +2.26%

US
HFT: -5.10%
US Momo: +4.86%
MOC: +13.75%
DTVI: -0.41%

May marks the 8th consecutive profitable month for the MOC system. The change in portfolio construction and position sizing really is starting to get some legs.

The Growth Portfolio continues to disappoint so will start spending some time on it to get it back on target.

[Nick Radge]

Yes, I use C > 20 as well.

[Nick Radge]

Quote:

My conclusion – open to challenge – is that there does not appear to be an end of month entry edge

Which begs the question as to why your system test showed deterioration…

[Nick Radge]

Seems odd. I just checked a single month for my multi-day MR system.

There were 65 trades during the month. There were 12 fills that didn’t match; 6 against and 6 for. Most of the discrepancies were just a few cents.

I use simple MKT orders with SMART routing.

[Nick Radge]

Taranveer Singh wrote:

Using just a close above/below MA entry exit system, I’m matching the index CAGR of 12% and the max drawdown is reduced by 70% (got out in 2008 and 2020).

Well, that’s about all you’ll get. You can never outperform the index, because you’re trading the index. The only outperformance comes from not participating in sustained bear markets…

[Nick Radge]

Things to check:

1. Decimal sare US standard “.” and not European “,”
2. Ensure all orders are limited to two decimal places, and none are 3 or more
3. Ensure the API port number is the same as the IB TWS port number

[Nick Radge]

May Group Call

[Nick Radge]

Well done on the trading Taranveer, and very sad to see what’s happening in your country.

[Nick Radge]

Good stuff Ed.

[Nick Radge]

I really have no thoughts on inflation Tim. My opinion is that it’s currently controlled but in the coming years will start to move higher again. It’s really only a major issue if it starts accelerating exponentially.

[Nick Radge]

Well done Oli. #next1000trades

[Nick Radge]

Good stuff Rob.

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