[TaranveerSingh]

Hey Nick, any news on the release?

[TaranveerSingh]

Thanks Trent. Fortunately, everyone’s recovered more or less.

[TaranveerSingh]

April 2021 results:

R1000 trench 1 = +3.95%
NDX trench 1 = -1.04%

R1000 trench 2 = +7.08%
NDX trench 2 = -2.03%

Took the hedge off this month as directed by the system.

India, especially Delhi, is affected by a massive covid crisis. Since I had it last year, I offered to assist many patients in various necessary errands. The entire month I would wake up to news of some known person passing away. As overwhelming it was, the whole month reminded me of just how important it is for your assets to work for you not only while you sleep but also while you can’t sleep (due to being on your toes).

Understandably, and due to no fault of their own, my actively working friends can’t take out the time to help as much. Every new life phase makes me grateful for what trading offers you if you do it right.

Also, I just got my Canadian residency. Need to decide whether to continue trading from Indian account or move it to Canadian base. If anyone has Canadian tax filing experience, could I email you?

Wish you all good health and new equity peaks

[TaranveerSingh]

Great that you’ve started. onwards and upwards!

[TaranveerSingh]

Welcome Chris. Pleased to see you made such good choices wrt trading learnings even prior to this. Good luck.

[TaranveerSingh]

“Since 16” whoa!
that’s brilliant. Glad to further know how you’re living mate

[TaranveerSingh]

Any reason why you choose long term bonds over short term? Long term bonds would be more sensitive to interest rate changes if I’m not mistaken?

[TaranveerSingh]

Hello folks, when you are out of equity positions and in cash, do you hold a cash-like security? Which one do you prefer? any reason?

[TaranveerSingh]

Good luck Oliver! Hope it works out best for you

[TaranveerSingh]

I’m on 10 positions with worst rank 20. I started testing with 5 using volatility position sizing but noticed that sometimes 5 positions got filled without full capital being employed. Lucky adjustment for me. I’m sure the concentrated strategy would make more on the upside in the reverse situation.

[TaranveerSingh]

Thanks Trent.
3 consecutive close = falls apart
2 consecutive close = not as robust across all parameters. Lesser trades though.
Tried combining RSI condition too but so far the simplest version works best.

Channel breakout doesn’t work too well either.

[TaranveerSingh]

Had the same doubt about monthly returns. Nick sent a sample sheet that helped.

Alternatively, here’s the response I got from XLautomation. Maybe it would help.

“The only method that you can use to calculate a particular months return would be to run a Date Range Report from the start of that month to the end of the month
This will give you an purchases made in that month, plus the value of any open positions at the end of the month and sales made during that month.

You could then run the same report for the month prior and the month after and use the values for open positions to calculate a monthly return.”

[TaranveerSingh]

Michael Rodwell wrote:

Mar Results

Buy The Bulls (NDX) Momo:
-0.59%

Hey Mike, you got 5 positions on the NDX system?

[TaranveerSingh]

Wow. That was something!
I was actually amazed by how little documentation they required from me. I filled up a (digital) form and entered my Tax ID number and that was it. Got my account in two days. My bank transfer was more troublesome than actually opening the account with IB. The article does seem concerning though.

One question – Isn’t there a securities insurance of like 500k? and cash insurance too?

[TaranveerSingh]

Julian, what universe are you using for US momentum?

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