Dump it Here

[Warr87]

I have been back testing the supertrend strategy, I just haven't put anything in my thread yet. I was curious to find that if I limit my entries to those supertrend bars that have just formed, or only if the close is above the ST?

 

[willoneau]

@willoneau Share Trade Tracker is perfect in every way, I've been using it for years.

For the record
Share Trade Tracker is "the best share portfolio software" I've ever used & it's a piece of software I couldn't live without.

Disclaimer
I've had a small part in the ongoing development of this software & we are currently in the process of using Norgate data as an alternative data supply. There are a range of free data updates included in the program. I'm unsure how traders keep a track of their trading without this software - it's simple to use, updates at a push of a button, Share Trade Tracker handles it all from auto dividend entries with reports for your accounting. The tracking side of the software is so simple.

To answer all your questions
Share Trade Trackers website is brilliant & can be found here: https://xlautomation.com.au/excel-spreadsheets/share-trade-tracker

Check it out..

Skate.

Has it always been subscription based?

 

[Skate]

Thanks Skate, your correct I'm old, but not an old hand. I'm on page 50 of reading your thread, mongst others, so slowly working through it. I'll definitely look at the e book.

@Rsthree, I'm 66 years old & I'm the splitting image of my avatar (Charles Darwin), the only difference I wear glasses. I've been trading since July 2015 & it's the easiest way I know to make money with little to no effort.

Remember
"Education is the key word"

Many thanks
Thank you for the positive comments about the 'Dump it here' thread - I've condensed what I've found to be helpful to my trading in one thread.

# Also, reading my eBook (multiple times) will save you time reading a multitude of other books early in your renewed journey.

Skate.

 

[Skate]

Has it always been subscription based?

NO !

Once you could purchase the software outright but you had to pay for version updates. (the subscription model is better for the end user)

One subscription cover everything
The subscription covers all the improvements, updates & ongoing development of the program in the subscription model - There are no lock in contracts - it's win/win scenario & represents good value for the price of the subscription.

Skate.

 

[willoneau]

Not a fan of subscriptions rather purchase software. It seems everything is going to subscription base and on going fees.
$200 a year or $400 software package, I know which I prefer.

 

[Skate]

The ZIG Weekly Strategy
Start Date: 1st January 2020
Portfolio Capital: $300,000
Positions in the Portfolio: 20
Fixed Position Sizing: $15,000 (No re-balancing)

Weekly Update Format
1. The "Share Trade Tracker" Dashboard
2. Portfolio performance line chart
3. Open Summary
4. Pending buy & sell positions



















Skate.

 

[Skate]

The MAP Weekly Strategy
Start Date: 1st January 2020
Portfolio Capital: $300,000
Positions in the Portfolio: 20
Fixed Position Sizing: $15,000 (No re-balancing)

Weekly Update Format
1. The "Share Trade Tracker" Dashboard
2. Portfolio performance line chart
3. Open Summary
4. Pending buy & sell positions


















Skate.

 

[qldfrog]

View attachment 100356

The MAP Weekly Strategy
Start Date: 1st January 2020
Portfolio Capital: $300,000
Positions in the Portfolio: 20
Fixed Position Sizing: $15,000 (No re-balancing)

Weekly Update Format
1. The "Share Trade Tracker" Dashboard
2. Portfolio performance line chart
3. Open Summary
4. Pending buy & sell positions


View attachment 100357

View attachment 100358



View attachment 100359



View attachment 100360



View attachment 100361

Skate.

@Skate : a detail but in both graphs, the time line values are wrong and increase by a day from 1rst of January, not by a week
Thanks for your work

 

[Skate]

@Skate : a detail but in both graphs, the time line values are wrong and increase by a day from 1rst of January, not by a week
Thanks for your work

@qldfrog well spotted, that was a cut & paste effort from another strategy. The dates will be corrected for next week.

Skate.

 

[Rsthree]

Wow, finally made it to the end of the thread, it's only taken a couple of weeks.

Lots of great information to digest and work through. In working through the thread, on many occasions I was vacillating on my level of commitment for the journey ahead. One day I'd be all fired up and the next I'm thinking will the effort be worth the return.

I did find that even as a beginners thread some of content was still challenging and resulted in me having to dig into the depths of the WWW for answers. There was lots good technical banter thats sometimes went over my head. I'd reccommend that if members use an acronym in any beginners thread then best to provide a definition.

I've come to a strong conclusion that I really need to use a systematic approach to overcome my psychological barriers. Quite a few of those surfaced in my last attempt at trading.

My only issue moving forward is that I know it will take me quite a while to get a handle on Amibroker and have trust in any sort of system I can cobble together my self. I've decided that I really need a turnkey system that I can use as a learning tool to paper trade and to kick off live trade. When confidence and skill builds I can then start to tweak and develop.

I'm still waiting for my PC to arrive so I can set up my tools. If anyone can point me to a source for a turnkey system code for Amibroker that I can start with, it will be much appreciated.

Skate I read a post here that you had made one of your systems available at one stage but I couldn't find the thread again. If it's still up for grabs please let me now.

 

[Skate]

Wow, finally made it to the end of the thread, it's only taken a couple of weeks.

Lots of great information to digest and work through. In working through the thread, on many occasions I was vacillating on my level of commitment for the journey ahead. One day I'd be all fired up and the next I'm thinking will the effort be worth the return.

I did find that even as a beginners thread some of content was still challenging and resulted in me having to dig into the depths of the WWW for answers. There was lots good technical banter thats sometimes went over my head. I'd reccommend that if members use an acronym in any beginners thread then best to provide a definition.

I've come to a strong conclusion that I really need to use a systematic approach to overcome my psychological barriers. Quite a few of those surfaced in my last attempt at trading.

My only issue moving forward is that I know it will take me quite a while to get a handle on Amibroker and have trust in any sort of system I can cobble together my self. I've decided that I really need a turnkey system that I can use as a learning tool to paper trade and to kick off live trade. When confidence and skill builds I can then start to tweak and develop.

I'm still waiting for my PC to arrive so I can set up my tools. If anyone can point me to a source for a turnkey system code for Amibroker that I can start with, it will be much appreciated.

Skate I read a post here that you had made one of your systems available at one stage but I couldn't find the thread again. If it's still up for grabs please let me now.

@Rsthree, thank you for taking the effort in reading the entire 'Dump it here thread' thread I'll give you a "BIG thumbs up" for that commitment.



In the mean time
I'm now suggesting while your computer is coming please re-read a few of my CAM Strategy posts - found here: https://www.aussiestockforums.com/posts/1022296/ & how to request the strategy can be found here: https://www.aussiestockforums.com/posts/1012554/

I now trade the CAM Strategy
I've have paper traded the CAM Strategy & posted weekly updates on its progress. I currently trade the strategy with success. My last post of the CAM Strategy before going live can be found here: https://www.aussiestockforums.com/posts/1029825/





To refresh
The CAM strategy went live on Tuesday 11th June 2019. The current equity curve is below

Mission Statement
I had a mission statement to "Seek to achieve an average weekly profit of $1,000 from a $300,000 investment”.

Why $1,000 a week?
It came about from a conversation - a remark was made "I could live on $1,000 a week", so that was the challenge. Could $300k rise to the challenge? (so far so good)

Current result after 33 weeks
What can I say, the strategy had a mission statement to average $1,000 a week & after 33 weeks it averaging nearly twice that.



Trading can be rocky
Looking at the equity curve, it's plain to see, trading is not always smooth sailing - the last few weeks of turmoil has kinked the equity curve (line)

All new strategies
It's timely to remind new traders that all "Strategies take time to develop"

The "Search" feature
The search feature can be your friend.
Hint: all my educational posts are located in the 'Dump it here' thread



Read here, this proves it can be done: https://www.aussiestockforums.com/posts/1028219/

Skate.

 

[debtfree]

Skate I read a post here that you had made one of your systems available at one stage but I couldn't find the thread again. If it's still up for grabs please let me now.

If this is not possible @peter2 everyone can create their own links using their bookmark list. If they create too many or one they don't really want any more they can easily delete it.

If I like a post that I want to keep I bookmark it, a box comes up, I put a description in the 'Note:' section that I can quickly understand what it's about so I can find it with ease when looking in my bookmark list.

I do the same if it's the start of a section within a thread that has caught my attention. Bookmark that post and title it in the 'Note:' box, such as 'Discussion Hybrid Mechanical System'. Now it's in your bookmark list, your private library of favorite post, threads or part threads, it takes you back to that post in the thread so you can keep on reading thereafter.

When you title it be aware you only have about 35 spaces to put in your title/description.
Yes I understand that this is alright moving forward and doesn't solve the problem of finding it at a later date.

@Rsthree Yes it's a big read alright but certainly well worth the time and effort, well done!

I noticed you couldn't find one of Skate's posts, you are probably aware of the Bookmark link at the bottom of all posts but just in case you aren't it's a very handy tool to use. I put a post in this thread regarding using it (Page 38 - Post #1884), it thought it might help you. I have also put it in the quoted area above, I hope it's of some benefit.

 

[Rsthree]

@Rsthree Yes it's a big read alright but certainly well worth the time and effort, well done!

I noticed you couldn't find one of Skate's posts, you are probably aware of the Bookmark link at the bottom of all posts but just in case you aren't it's a very handy tool to use. I put a post in this thread regarding using it (Page 38 - Post #1884), it thought it might help you. I have also put it in the quoted area above, I hope it's of some benefit.

Thanks, I remember you posting that tip. I looked everywhere in the menus to find the bookmark tag but missed the bleedin obvious.

Yes it was a big read. Not just the post itself but associated material that it led me to. I had questions and I wondered off into the WWW looking for answers rather than being lazy with shallow questions. As a result I've read a few more books and bookmarked many other resources. Now I just need to develop some filters and systems to avoid information overload

 

[Saqeeb]

Before I begin, let me warn you that this is a lengthy post and my apologies upfront!

I started my trading journey in June last year at a time when I was desperately saving to accumulate towards a set life goal. The accumulation was slow and the cash sitting in my bank account prompted me to do something to make this cash work while I save, a story that I am sure will ring a bell with many of us. This brought me to look at the markets.

I had a Comsec account and the eventful morning I was looking through the losers and gainers, I noticed CTX down by ~20% on a market update. I thought to myself that a household name like Caltex cannot be down for long. Next thing, guess what, I plunged in and bought CTX with 60% of my savings....60% of my savings. Ouch!
No positing sizing, no risk management, no nothing…. If I only ever knew about these.

Thank heavens, the stock LUCKILY recovered and I made a decent profit from it.

While I was holding CTX for close to month and a half, I started researching and reading more and more about trading. This is when I stumbled upon ASF and, thank God, what a gem of a find this was. As if this was not sufficient, I then stumbled into @peter2's and @Skate's threads. Wow......

I had now learnt about risk management which made me realise how dumb I was to invest 60% of my savings in one security. Could have gone devastatingly wrong.

Peter’s discretionary trading, in which he is so upfront and readily shares and educates his trading style with all of us (how selfless and generous) showed me how important trade management is, among other things, to be a successful trader.

On the other hand Skate’s thread works like a conditioner to the trading game explaining the nuances, the ups, the downs, the positives, the negatives, the emotional roller coasters one can go through being involved with the markets. He does not leave it there but also educates us on how to handle all these to be a successful trader. As if that was not enough, he betters it by giving us ideas to build systems and to test them out to be successful.

Thank you @Skate, Thank you @peter2. And thank you @Joe Blow for providing us such a wonderful and clean forum/platform for us to learn and to discuss various ideas.

For any beginner to trading, I highly recommend Skate’s and Peter’s threads. A must before investing a single cent in the market (in my opinion).

Now to the point……
With a lot of motivation, encouragement and help from Skate, I am going to paper trade a weekly system inspired by Skate. The MAP strategy. I intend to post the results of my paper trade in “Dump it Here” thread. Skate has very kindly given me permission to post the results here in this thread.

Goal: To survive and to be make a profit consistently
Universe: ASX All ords
Strategy:
Entry: MAP conditions that have been previously explained by Skate many times.
Exit: Exits will be based on an indicator and two trailing stops (a wide one to catch the unexpected falls and another a tight one for when the index filter turns off).
Time Frame: Weekly
Starting Capital: $30,000
Position Sizing: Fixed Dollar Amount
Max no. of Positions: 20
Risk Management: With a trailing stop each position is risked 1% of trading capital
Starting Date: 17/02/2020

I will post the results EOW starting 22/02/2020 after the first week in trade.

Saqeeb

 

[Skate]

Before I begin, let me warn you that this is a lengthy post and my apologies upfront!

I started my trading journey in June last year at a time when I was desperately saving to accumulate towards a set life goal. The accumulation was slow and the cash sitting in my bank account prompted me to do something to make this cash work while I save, a story that I am sure will ring a bell with many of us. This brought me to look at the markets.

I had a Comsec account and the eventful morning I was looking through the losers and gainers, I noticed CTX down by ~20% on a market update. I thought to myself that a household name like Caltex cannot be down for long. Next thing, guess what, I plunged in and bought CTX with 60% of my savings....60% of my savings. Ouch!
No positing sizing, no risk management, no nothing…. If I only ever knew about these.

Thank heavens, the stock LUCKILY recovered and I made a decent profit from it.

While I was holding CTX for close to month and a half, I started researching and reading more and more about trading. This is when I stumbled upon ASF and, thank God, what a gem of a find this was. As if this was not sufficient, I then stumbled into @peter2's and @Skate's threads. Wow......

I had now learnt about risk management which made me realise how dumb I was to invest 60% of my savings in one security. Could have gone devastatingly wrong.

Peter’s discretionary trading, in which he is so upfront and readily shares and educates his trading style with all of us (how selfless and generous) showed me how important trade management is, among other things, to be a successful trader.

On the other hand Skate’s thread works like a conditioner to the trading game explaining the nuances, the ups, the downs, the positives, the negatives, the emotional roller coasters one can go through being involved with the markets. He does not leave it there but also educates us on how to handle all these to be a successful trader. As if that was not enough, he betters it by giving us ideas to build systems and to test them out to be successful.

Thank you @Skate, Thank you @peter2. And thank you @Joe Blow for providing us such a wonderful and clean forum/platform for us to learn and to discuss various ideas.

For any beginner to trading, I highly recommend Skate’s and Peter’s threads. A must before investing a single cent in the market (in my opinion).

Now to the point……
With a lot of motivation, encouragement and help from Skate, I am going to paper trade a weekly system inspired by Skate. The MAP strategy. I intend to post the results of my paper trade in “Dump it Here” thread. Skate has very kindly given me permission to post the results here in this thread.

Goal: To survive and to be make a profit consistently
Universe: ASX All ords
Strategy:
Entry: MAP conditions that have been previously explained by Skate many times.
Exit: Exits will be based on an indicator and two trailing stops (a wide one to catch the unexpected falls and another a tight one for when the index filter turns off).
Time Frame: Weekly
Starting Capital: $30,000
Position Sizing: Fixed Dollar Amount
Max no. of Positions: 20
Risk Management: With a trailing stop each position is risked 1% of trading capital
Starting Date: 17/02/2020

I will post the results EOW starting 22/02/2020 after the first week in trade.

Saqeeb

@Saqeeb your post couldn't have come at a better time for a few reasons that @Newt has explained in @Warr87 "weekly-portfolio-asx" thread.

In summary
A strategy performance can vary even if the entry code is exactly the same because of variables Newt outlines in his post. Newt is talking about the "CAM Strategy" but his message is universal saying that the resulting equity curve can be quite variable according to subtle factors. To save me repeating a brillant post, Newt's full explanation of subtle differences can be found here: https://www.aussiestockforums.com/posts/1056724/

A good comparison (Map verses MAP)
Even though we are paper trading the same entry condition the similarities will end there. From the starting date of the strategy to the portfolio size will have a bearing on the trading results without even mentioning the parameter, filter settings or the exit strategy.

Minor differences
Just a few minor differences can determine the performance outcome of a strategy.

FYI
The MAP strategy looks to enter on strength, a good base ingredient for any trend following strategy. I for one can't wait to see your results bearing in mind all strategies take time to develop, to do their magic as to say.

All the best..

Skate.

 

[Joe90]

So after reading @Gringotts Bank post I set about coding a strategy from what I have learnt over the last few years formulating a new strategy that on paper has the ability to work.

MAP Buy Condition (Amibroker code)
MapBuyCondition = ( Close > MA( Close, 10 AND ROC(C,10)>0) OR (Close == 1.1 * Ref( Close, -1 ) and V>Ref(MA(V,10),-1)) );

This is straight out of the manual, pg 1226. To give credit you've added a ROC filter, still some acknowledgement to Tomasz would be appropriate.

Remembering
"Don't get in the ring if you don't want to be hit"

 

[Saqeeb]

@Saqeeb your post couldn't have come at a better time for a few reasons that @Newt has explained in @Warr87 "weekly-portfolio-asx" thread.

In summary
A strategy performance can vary even if the entry code is exactly the same because of variables Newt outlines in his post. Newt is talking about the "CAM Strategy" but his message is universal saying that the resulting equity curve can be quite variable according to subtle factors. To save me repeating a brillant post, Newt's full explanation of subtle differences can be found here: https://www.aussiestockforums.com/posts/1056724/

A good comparison (Map verses MAP)
Even though we are paper trading the same entry condition the similarities will end there. From the starting date of the strategy to the portfolio size will have a bearing on the trading results without even mentioning the parameter, filtering settings or the exit strategy.

Minor differences
Just a few minor differences can determine the performance outcome of a strategy.

FYI
The MAP strategy looks to enter on strength, a good base ingredient for any trend following strategy. I for one can't wait to see your results bearing in mind all strategies take time to develop, to do their magic as to say.

All the best..

Skate.

@Skate, I totally understand that the little differences between strategies can make a huge difference to the bottomline even with the same entry condition. I am also aware that any trend following strategy requires time to stabilise before showing any positive results. I am not going to expect my results to be same as yours or for that matter any one else's with the same entry condition.
I intend to paper trade this strategy without any bias. This will condition towards my personal emotions and also give me an understanding as what to expect from the strategy and trading

 

[Skate]

@Skate, I totally understand that the little differences between strategies can make a huge difference to the bottomline even with the same entry condition. I am also aware that any trend following strategy requires time to stabilise before showing any positive results. I am not going to expect my results to be same as yours or for that matter any one else's with the same entry condition.
I intend to

@Saqeeb, @Warr87 made a great comment about the starting date can impact the strategy results & that's so true, profitable trading depends on luck
Read here: https://www.aussiestockforums.com/posts/1056743/

@qldfrog also made a comment that his actual trading results greatly differ from his backtesting. Read here: https://www.aussiestockforums.com/posts/1056737/

Paper Trading
I've stated before, backtest results mean "Jack" - but backtesting gives an indication between test results using different parameters for evaluation.

@Newt also made a good comment to remember in the same thread: "There's no right or wrong implementation of any strategy, but ideally we'd all like to be in a position for robust returns and hopefully a profit over any given 12 months (or at least 2 years)"

Skate.

 

[Newt]

Agree backtesting results must always be treated with extreme caution, but its fascinating trying to keep your real life trading in sync with your model from start of trading. You yourself Skate have pushed me and others to stick to their system signals. Qldfrog and others have noted the dilemmas starting a system from scratch (do you buy all the current strategy positions, or only take new positions?) and what to do if you run out of cash (take partial positions, or only whole)? what if you find an error - sell a strong stock to re-align with the system or stay in it?

It really is invaluable when systematic traders (and systematic discretionary such as Peter2) share their trades or even just comment generally on equity curve and performance. It helps give those struggling up the learning mountain an idea what they're aiming for, how much performance can vary between people on a similar strategy, or hint if they've overfitted parameters or aren't trading their system honestly.

At the end of the day the system is a tool. If Skate or anyone gives away their entire system, its not much different to a virtuso violinist lending their Stradivarius, Brian May lending you the Red Special, or Jack Nicklaus letting you use his clubs - or Geralt of Rivia giving you his sword (confession: Watched too much Netflix over Christmas....!). For the first 5 years or so you have to emulate and copy what you can of those that have succeeded, then eventually you might earn the right to start tweaking bits of the system or re-writing from scratch. Only then will you understand the subtle trade offs and gains and what you risk losing if start dismantling layers of protection for performance.

 

[Skate]

Agree backtesting results must always be treated with extreme caution, but its fascinating trying to keep your real life trading in sync with your model from start of trading. You yourself Skate have pushed me and others to stick to their system signals. Qldfrog and others have noted the dilemmas starting a system from scratch (do you buy all the current strategy positions, or only take new positions?) and what to do if you run out of cash (take partial positions, or only whole)? what if you find an error - sell a strong stock to re-align with the system or stay in it?

It really is invaluable when systematic traders (and systematic discretionary such as Peter2) share their trades or even just comment generally on equity curve and performance. It helps give those struggling up the learning mountain an idea what they're aiming for, how much performance can vary between people on a similar strategy, or hint if they've overfitted parameters or aren't trading their system honestly.

At the end of the day the system is a tool. If Skate or anyone gives away their entire system, its not much different to a virtuso violinist lending their Stradivarius, Brian May lending you the Red Special, or Jack Nicklaus letting you use his clubs - or Geralt of Rivia giving you his sword (confession: Watched too much Netflix over Christmas....!). For the first 5 years or so you have to emulate and copy what you can of those that have succeeded, then eventually you might earn the right to start tweaking bits of the system or re-writing from scratch. Only then will you understand the subtle trade offs and gains and what you risk losing if start dismantling layers of protection for performance.

@Newt,you nailed it again..

Analogy
Let me give you another analogy & why we make the different trading a strategy, the analogy serves to reinforce Newt recent remarks.

Peter Brock (otherwise known as "Peter Perfect")
He won the Bathurst 1,000 nine times, imagine if he gave you his winning car, do you honestly believe you would be able to win Bathurst even once ?

It’s not the vehicle
Peter’s 'ability', 'skill' & his 'mental toughness' decided the win, it's not when he got into the car (the BUY), not even when he exited the car (the SELL) but how he handled the car during the race. (the TRADE)

Traders are all different
That is one of the nice thing about traders "we are all so different", trading different styles, trading different markets & as you say -"At the end of the day the system is a tool” (exactly)

Skate.