[TrentRothall]

Hi Dean

Sorry about the slow reply!

I have been trading a multiday day MR on the asx for a few years now, but like has been mentioned here i have in the last 12 months been transitioning into other strats and into the US. Mainly because of missed trades, I think I have been able to make it work because I am not trading large accounts like some people here. You will pay a lot more in comms too as you know, but in my view comms are known during testing and are factored in so that shouldn’t be a killer.. During testing too i factor a 50% chance of missing a trade in the low of the day is equal to the limit order, in reality it isn’t that bad but that is when the issue seems to occur.

I am also not compounding my account on the ASX i am transferring any profit into my US shortterm system which (hopefully) is more scalable, time will tell with this.

[TrentRothall]

I guess a short answer could be, do we need to utilise every last inch of available leverage? If the systems you have now are running at a rate that suits your goals and risk, then do you need to max out the available amount.

I asked myself similar question when trying to get my fill rate higher on my MOC systems, but Nick pointed out that just because you may feel like your capital is working harder is it actually beneficial.

[TrentRothall]

Haha, yep that’s right!

[TrentRothall]

Yep CHN.au is worse

[TrentRothall]

I don’t look at completed trades very often but i was scrolling through some today. PPK.au really kicked on after i exited! It would’ve been a nice one to still be in!

[TrentRothall]

AMC has ~450m shares out, today it traded 760m… That’s crazy

[TrentRothall]

Ah… that is a trick to avoid! A few expletives were spoken i bet!

[TrentRothall]

I guess the issue could be when the market tanks once or twice a year and you do get close to max positions, what will be your max loss or potential loss on these days?

If you are position sizing based on a 800 account (as per Howards example) and your backtested worst loss is 5-10%, that is going to hit your 600 size account harder than a backtest may show; or did you backtest with this position sizing factored in?

[TrentRothall]

May 21

ASX MR 6.9%
ASX WTT 2.9%
US MOC 1.94%

Was looking better on the MOC until a nice little clip by THYT. Still happy with the executions etc

[TrentRothall]

Heck 43%! Great work Terry!

[TrentRothall]

Another option down the line if you try out Realtest. Is you can download a flex report from IB and then import your actual trades to see the equity curve, stats etc.

But like Julian said as long as you have an idea of the executions and you are not missing heaps or having issues it should be ok. Nick has posted a video recently of his routine too and how he tracks them if you haven’t seen it.

https://edu.thechartist.com.au/kunena/progress-journal/519-cftc-performance-tables.html#11309

[TrentRothall]

Same as Glen for myself, just the defaults.

[TrentRothall]

All the best Taranveer, hopefully you and your family are safe!

[TrentRothall]

Thanks for that Tim, i’ll do some more digging for some info. Cheers

[TrentRothall]

Tim Strickland wrote:

good results for this month Nick. I noticed you brought up the Hedge tool to category 4 from a 3. I was curious of your thoughts about inflation in the US. I am a little concerned with the crazy spending we have started to do, that this will effect inflation quite a bit. Luckily we all have strategies to deal with this sort of thing but would you suggest doing anything further?

I have zero knowledge about the causes of inflation or possible ways to overcome it, what are the options if you think inflation is going to start becoming a issue? Obviously holding a lot of cash is going to be a bad thing but what else?

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