[TimothyStrickland]

Hi Miguel, similar thing for me, my MRV was doing good and then back to square one, while my momentum system has been tracking higher overall.

[TimothyStrickland]

The market really the last few months or the stocks I picked at least have just gone balls to the wall, I am considering adding more positions to my momo system so it doesn’t take so much of a hit if 1 stock goes crazy, same with my HFT. Those swings were just crazy.

[TimothyStrickland]

Yes, it was mostly due to my pickup of Tesla and AMD, TSLA made huge swings and AMD felt the full wrath of the coronavirus news.

[TimothyStrickland]

That is pretty crazy, I wasn’t trading during the GFC so I didn’t get to see that one, this decline was the worst thing I had ever seen.

[TimothyStrickland]

Wow the HFT took a hit!

[TimothyStrickland]

MR HFT: -11.5% (Drawdown back to 28%)

Momentum Systems:

NDX Aggressive: -8.7% (19% drawdown) The drawdown is because of the radical market change this month.
ROR: -9.7%% (30% drawdown) Same issue. This system was up by almost 20% this month.

Moving Average Systems:

SPX: -8.4%

It is easy to explain why my systems haven’t surpassed market performance.

My MRV lost a lot this month because the market never really reverted the last few days, it just kept declining.

I have only been running the momentum systems for a little over a year and they had some bad luck last December and then this month, I mean, they were both up nearly 15 and 20% this month before falling back down, it is only a matter of time before they surpass the indexes.

[TimothyStrickland]

Or we could see another V shape so I go to cash and the market rallies like it did last December, which is what my system is still trying to recover from. It will be interesting to see what happens tomorrow. I care but overall I am not feeling any pain, its just the way the process works and I am only really giving back 2 months of gains unless of course, we have a catastrophic day tomorrow as well. The money I put in these investments I consider gone anyway, so losing is not a big deal.

[TimothyStrickland]

Never thought I’d be shutting the systems down in the same month it hits new equity highs lol. Unless a miracle occurs tomorrow I go to cash…I do not think I have ever seen the market fall this far this fast, but hey…

[TimothyStrickland]

I don’t have a MOC yet, still need to make one but my MRV faired pretty well during the drop, my momentum system took a big hit. I need to get to work on my MOC!

[TimothyStrickland]

Steven, After I finished building my systems they immediately went into drawdown. In fact, my mean reversion system went into the worst drawdown the system had ever experienced in its testing. That was over a year ago and it was tough for me. Now, I’ve made all that money back and then some. My mean reversion system is almost out of drawdown and my momentum system is up around the order of 20-30%.

My best advice to you is what I received back then: Just trust Nick and the process. Even when it feels like something might have gone wrong. Let Nick look at your system, follow his suggestions and follow what’s in the course and you’ll be fine.

There is a great book I am reading and I think everyone should. Its called “Pragmatic Thinking and Learning”, it walks you how we learn and how to learn faster.

When we started this journey we are a “novice”, meaning we don’t even know what we don’t know. We need a recipe to have a chance for success. Nick and some of the other guys here are an expert meaning a recipe would just slow them down, they can see things in a system that we can’t yet. It takes years to develop that, so ask a lot of questions.

[TimothyStrickland]

And it is still going up like a rocket ship, this morning it was up 40% from when I bought, that concerns me, if my system didn’t buy it I would have already taken profits at this point. I am not used to a stock going up this fast. 40% gain in 2 days reminds me of bitcoin lol.

My momentum system is up +12% for Feb.
Mean Reversion system is up +9% for Feb. I’d just be happy if could close out the month with that.

[TimothyStrickland]

Same here with AMD, it just keeps going up. It is up 70% so far, TSLA up 20% and my AAPL stock is up 23% and I bought it last month. I can only imagine a pullback either in the greater market or one of these stocks but we shall see I guess, I just do what my system tells me, my gut has failed me too many times.

[TimothyStrickland]

My momentum system had me go long TSLA at the open. Jumped 20%, thanks Ellon! The entire system went up 6% today, jeez, been a while since I’ve seen that much momentum

[TimothyStrickland]

Mike, not yet! I have spent the last 19 years testing software and trying to find bugs, I am in the process of trying to learn how to write it because its fun and I can make more money. We do a lot of VM testing on Dell servers which I know quite a bit about though.

[TimothyStrickland]

Nice Daniel, I still have 2 systems I need to build which I haven’t had time, WTT and MOC. Just been focused on learning programming.

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