[TerryDunne]

August 2023

MOC 1000  3.95%
MOC 2000 (6.82%)
MR 2000     4.50%
Closed      (6.75%)*

Total         (4.92%)

* The two Weekly Swing systems that I had trialed since the beginning of the year didn’t measure up (significantly) to their back tests, so were closed. In addition, three of my 4  MR systems breached my minimum benchmarks and were also closed.

A difficult month, closing down five of my 16 systems. The entire R2000 has been terrible (for me at least) this month, but at least my MOC systems have survived.

I’d like to build some new MR systems to replace the ones that failed, but so far anything I have experimented with has the same problem that the failed systems had, an unacceptable August…

I think it might be time to go back to basics, start (re) reading books and articles and see if I can find an idea or two worth testing.

[TerryDunne]

July 2023

MOC 1000 0.68%
MOC 2000 1.76%
MR 2000    8.14%
Swing         0.83%

Total           2.17%

[TerryDunne]

June 2023

MOC 1000 –0.09%
MOC 2000 -4.48%
MR 2000   +4.43%
Swing         -0.11%

Total          -0.55%

3 losing months in a row has taken some of the spark out of the fiscal year results

[TerryDunne]

May 2023

MOC 1000  -7.18%
MOC 2000  -8.06%
MR 2000      1.70%
Swing          -3.61%

Total            -5.80%

Ouch!

[TerryDunne]

All good, I’m back in business!

[TerryDunne]

Yep, tried one recent bar and one recent day.

I’ve spoken with someone at Norgate and I could tell from the response that the problem is likely unique to me…

[TerryDunne]

April 2023

MOC 1000  0.79%
MOC 2000 -6.88%
MR 2000    1.45%
Swing         0.13%

Total          -1.39%

[TerryDunne]

Hi Christian,

Sorry, only just found your post.

Why not try under leveraging? You could potentially only trade 60% of the capital you want to allocate to this system, your returns would then be CAGR 23% with MDD of 19%?

Could you live with this?

[TerryDunne]

March 2023

MOC 1000 22.44%
MOC 2000 10.86%
MR 2000     -3.53%
Swing          -3.68%

Total          12.10%

[TerryDunne]

Hi Sean,

Are you using Interactive Brokers?

If so, those trades can be copied from Amibroker into a .csv file and loaded into IB via ‘Basket Trader’ under the ‘Trading Tools’ selection from the menu.

[TerryDunne]

Hi Sean,

I won’t comment on 1, because now you know, nor 3, because while I’m an accountant by qualification, I’m not a tax accountant – I use a firm to do my taxes.

That leaves 2. I have strong thoughts on 2. I reckon once you have a MR system you’re happy with, you’ll spend (much) more time shaving/washing your hair/”using the bathroom”/queueing for coffee etc etc than you will running your daily exploration and placing your trades. It’s my personal opinion that this time thing is vastly blown out of proportion by the many people who will completely disagree with me. .

You could always set your alarm clock 10 minutes earlier?

Best wishes,.

Terry

[TerryDunne]

February 2023

MOC 1000 -1.30%
MOC 2000 -2.51%
MR 2000     7.51%
Swing          0.47%

Total           -0.11%

[TerryDunne]

January 2023

MOC 1000 5.60%
MOC 2000 7.07%
MR 2000    2.66%
Swing         0.37%

Total           4.89%

Swing is Nick’s weekly swing system modified (only a little) to suit my preferences and traded on the Australian and Canadian markets. Although ‘traded’ on the Canadian market at this stage means placing limit orders without having any filled…

Good luck to all for 2023!

[TerryDunne]

FWIW, I’m running 15 systems with a 16th to be added in the next few weeks. My allocations are between 3.5% and 10.5%.
It takes me just under 30 minutes (I’ve timed it) per trading day to update the previous days’ trades and place new orders.

[TerryDunne]

 Fantastic Mark!

Now if you could just send me the document I can just change the names and be done!

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