[PaulBailey]

OK,
here’s how November 2022 panned out:

ASX Momentum +4.4%
Weekly Swing +1.8%

Since 1/7/2022
ASX Momentum +14.8%
Weekly Swing +1.9% (started trading late October)

[PaulBailey]

I think it’s been almost a year now since I started on Nick’s course, and several months now since I started trading my own system (formally happened on 1/7/22 – although I was out of the market for a lot of time).

Just thought I’d recap.

Currently I’m running the ASX 100 momentum system that I built as part of the course, it’s not particularly special, but it seems to work. I imagine several of you are running something similar. AND I’ve been running Nick’s weekly ASX swing system for the last few weeks.

Since 1/7/22:

My ASX Momentum system has made 18 trades, with 5 currently open. Giving a % performance is a little difficult as I am adding money to my self wealth account every week. Suffice to say I am happy with the results, if I work the % gain out on my current dollar value in the market it is + 11.5%, pretty happy with that.

It’s early days for me with the weekly swing system. I’ve made only very mild changes to the original code. Being a Friday afternoon – I don’t have any open positions. I’ve made 5 trades since 12/10/22 and again, same issue – but if I base my performance around todays allocation to that strategy I’m +2% since 12/10/22 – again very happy with that.

Most importantly, I understand why I’m going in and out of trades at particular times.

Cheers everyone

PB

[PaulBailey]

October 2022 results:

Launched a version of Nick’s Weekly Swing system; my own Weekly Trend Trader turned back on yesterday.
October 22
Swing: +1.0%
WTT -0.5%

FYTD
Swing +1%
WTT +10%

Really enjoying comparing and contrasting what the two systems are up to.

[PaulBailey]

Super dumb question, Nick – I haven’t figured out how to do that with Selfwealth…… and can’t quite find it on their website help function – any clues?

[PaulBailey]

….. and my first Weekly Swing Trader order just filled. Thought it was miles away at start of week. I guess that’s the point.

Now to wait until Friday’s close to sell.

[PaulBailey]

And the same,
have bought the ASX swing strategy.

Starting to tinker.

[email protected]

Happy to discuss.

[PaulBailey]

September 2022 update:

Sat out of the market for most of the month.

Overall result for my WTT system: -0.7%

Feels like it might be a while before I’m back into the market. Now in 100% cash once again.

[PaulBailey]

OK, so this feels like a post that has been a while in coming. I started the course towards the end of last year, loved what I learned – but then encountered a prolonged market downturn.

I’m running a single ASX100 based momentum system and it turned back “on” at the very end of July, triggering a buy signal for the 1/8/2022.

August 2022 result +9.5%

Which was kind of fun to watch.

More importantly I understand why my system did what it did, and also understand why it triggered a sell on one of my positions for 30/8 with an additional position.

Still learning, and today will be a down day – but it’s a long game and I’m pleased to be in a position of improved knowledge with regards to where I was at a year ago. Still running small positions whilst I learn.

[PaulBailey]

Also, whilst I’m here and just a short explanation of relative silence of late, resigned from my job last month and now happily doing contract work.

[PaulBailey]

Just a short post to note I was fully in cash for the month of July 2022, and the system turned back on last Friday triggering a buy on Monday.

Back in the market in a modest way.

[PaulBailey]

Hi everyone,
June update – Nil – 100% cash.

PB

[PaulBailey]

Pretty good week – sold out on Monday, so a small loss for the week.

Weekly ASX 100 Portfolio, including costs, is -16.6% since the start of April.

In other news, and just to demonstrate to myself how tiny stocks can move in a way counter to the broader market AYA, one of my Round A investments was +60% this week (albeit on very modest volume). Finished at $1.03, still down from listing at $1.35 6 months or so ago.

Just documenting my thoughts, as always.

[PaulBailey]

…. and just to note I am now 100% cash.

[PaulBailey]

End of May week 1

Another negative week for me – -3.4%. Market filter has switched to cash, so selling the portfolio tomorrow morning.

PB

[PaulBailey]

Month end – April 2022

OK, firs month trading my weekly ASX 100 momentum strategy.
Finished the month -11.6%.

Good news is that I’m starting small whilst learning the ropes, so -11.6% is -$1594.

I’m also enjoying reading through everyone else’s journals and working my way through the group calls.
Particularly enjoying when all of you work through an issue together.

Cheers everyone,

PB

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