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TaranveerSinghMember
Solid experience Steve! Amazed at the idea that someone followed a strategy for a decade. Looking forward to your forum posts.
TaranveerSinghMemberWelcome Hendrik. Hope you’re enjoying the course (unless you’re in the looping bit already ).
TaranveerSinghMemberJulian Cohen wrote:I’m really happy for you Taranveer….just looking back over the last few months, things have definitely changed for you.Thanks Julian. Appreciate it.
TaranveerSinghMemberTrent Rothall wrote:Great news mateYour emails seem priceless now Trent. Thank you
TaranveerSinghMemberTrench 1
R1000 momo = +8.99%
NDX momo = +0.11%Trench 2
R1000 momo = +6.22%
NDX momo = +0.97%3 rotations in the NDX due. None in R1000. Didn’t (have to) know S&P500 was near ATH until today. Still as fascinated by such stuff as I was on day 0.
TaranveerSinghMember(off trading)
So I took a trip to Goa and stayed in a hostel. Almost everyone I talked to, traded/invested and when they described how they do so, I felt insanely grateful to the course. It’s almost scary what people do with their hard earned money.
I also got offered a job in sales for a lease financing company as a friend who works there put in a good word for me. Remote job, pays well, aligned with my values. Round one interview went great. I shared my horrible job experiences and then went on to send them a mail just so that they understood the gravity of why I demanded “sanity” at work. For those who don’t know, India is infamous for just thee worst working cultures ever. You’re shamed for being transactional or for wanting a life. In my last job I’d often have a week’s worth work hours as (unpaid for) overtime in a month.
In the email, beside the work hours and off work mental space, I even mentioned that since I started trading , I’ve found myself growing less tolerant of toxic work cultures. I respectfully disclaimed/asked for things I’d have never imagined… and they agreed!
While the round two is due on Monday, I do feel they really want me on board. And this is the first time I negotiated for off salary stuff. Wouldn’t have been possible without the course. I think finding myself in a terrible workplace might be the biggest “drawdown” I think I have avoided? Thanks for enabling this Nick, Craig, Trish and the whole freaking forum!
TaranveerSinghMemberamazing results. do you think you could explain a bit about how you avoided curve fitting (without giving away the rules ofcourse)?
TaranveerSinghMemberQuote:I try to remind myself down days are part of the process just like up days, just trust the edge created by following the process.Thanks Rob, I always try to tell myself that too! Prevents me from doing ridiculous excel extrapolations
Quote:You can create a watchlist for these and add them to the Exclude list in the filter.Thanks Nick, yes I’m doing that. Will keep looking out for these going ahead and update the exlude list.
Quote:Nice and boring, with the occasional expletive when you first look at the results.Hah! This should replace #next1000trades
TaranveerSinghMemberBefore I can share my results for this month, I wish to share what (to me) is more important.
I had 4 versions of strategies running and I didn’t feel tempted to check anything.
Had a hedge on which gave up its gains in 2 days and I am alright with it. Really proud of myself for this bit. Hoping to continue this detachment but I’m sure it gets more testing in a downtrend.In the first trench, I had some mirroring stock pairs (UAA-UA, LGF.A-LGF.B, NWSA-NWS) so the only rotation this month is to get rid of these.
Trench 1
R1000 monthly momentum = +11.6%
NDX monthly momentum = +0.7%Trench 2
R1000 monthly momentum = +2.8%
NDX monthly momentum = -0.8%TaranveerSinghMemberWelcome Robert. Even for myself, my past trading life seemed so “pfft” as soon as I came across Nick’s content. Hope you derive whatever you’re aiming for.
TaranveerSinghMemberWelcome Tim.
I read “who moved my cheese?” just yesterday. Your reasons to join the course remind me of the book’s main character. Pretty sure you’d do great. Good luck!TaranveerSinghMemberThanks Scott, that’s a pragmatic approach.
Terry, what you said reminds me of the course itself. If realtime results don’t match backtests, there’s a problem. Thanks for the reminder. Luckily, I have monthly systems. 100% with you on when not to tinker.
Glen, I can see the benefits of changing if the results are significantly better.
When you say, “as markets evolve, so should the systems. I do it every 6 months”
Do you see if your parameters are still in the middle of the flatline?Unless I’m missing something, this is what Nick says about a broken system “it’s broken only if it’s not performing due to reasons you can’t explain.” So that leaves out the systems that got punished in March 2020.
^Keeping this in mind, how do you guys ensure you’re not fixing what’s not broken in the first place?
TaranveerSinghMemberThanks Tim. That is the aim. I think in my little experience of doing many things wrong initially, I found that if you find yourself looking at days, there’s a lack of faith (even if you feel good about the daily profits)? I haven’t felt the need to check my account and I hope it stays the same (I do feel my biggest strength is detaching myself from my MTM).
I do look forward to more clarity on the following. Would appreciate if the experienced traders could weigh in.
Is doing “nothing” to your strategy laziness? Because when we backtest a strategy we assume it remained uninterrupted.
In fact, the said laziness would keep you from switching away from your system during a drawdown?How have you guys “improved” an already tested robust system?
TaranveerSinghMemberSecond trench is live too. Moi is all in now. Was at the gym as the orders got filled
(The ONLY thing about trading that excites me these days is MOO order haha).
INRUSD crossed its 100 day channel. Hedge on.
Took a short position in USDINR futures in my Indian trading account.TaranveerSinghMemberThese psychology posts are all really insightful Nick. Would be super helpful to see more of these.
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