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- 28 December 2013
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Will it be similar to action strategy, do you accept followers?
With the PPOR move, i have had to distance myself a bit from the forums.
The advantage i found with the action strategy is that i have a whole personal aka excel record of the week to week strategy and buy sell actions and so can do things like comparison with actual knowledge of what happened later on and so validate or not some of my own strategies
Was also good at keeping me focused on my other strategies thru the ups and down
I will join in@qldfrog I have two confirmed members who will be trading along. They will be trading Mondays signals on a Tuesday.
Signal Service
So my new project is not confused with a signal service I'll be posting all my signals at the "end of trade" Monday of the positions I've taken in the pre-auction that morning.
I was stumped answering a question
Does it matter taking a signal a day late? As I didn't know the answer I conducted extensive testing over a few of my weekly strategies to find out.
The result of my research
In a nutshell - Trading signals the next day (one day delay) made little to no difference to the trading result.
To my amazement
The weekly trading results using one day delay were actually most times fractionally better (go figure). The test was conducted using the reporting software "Share Trade Tracker" as I know STT is 100% accurate when positions are taken in the pre-auction using my (-/+ 3%) premium calculations.
I've posted the results previously
I posted my research using a delayed entry for the "Action Strategy". The Equity chart confirms taking a signal with one day delay "mimicked the actual returns" of the Action Strategy. If you are interested you can view my previous post here: https://www.aussiestockforums.com/threads/dump-it-here.34425/post-1094656
The "HappyCat Strategy" reporting
Reporting of the "HappyCat Strategy" will be twice a week:
(1) Monday "after the close" displaying the actual trades of that morning with position sizing &
(2) Each Friday evening with "how did we go for the week" style of reporting.
Commitment
I'll be live trading the "HappyCat Strategy" as a $100k portfolio & in no way am I suggesting for others to trade along even though two members have confirmed that they will be doing so.
Skate.
I will join in
settlement (for my new place) should happen next week so could be a bit chaotic for the first fortnight but will give it a go...
@qldfrog I have two confirmed members who will be trading along. They will be trading Mondays signals on a Tuesday.
Signal Service
So my new project is not confused with a signal service I'll be posting all my signals at the "end of trade" Monday of the positions I've taken in the pre-auction that morning.
I was stumped answering a question
Does it matter taking a signal a day late? As I didn't know the answer I conducted extensive testing over a few of my weekly strategies to find out.
The result of my research
In a nutshell - Trading signals the next day (one day delay) made little to no difference to the trading result.
To my amazement
The weekly trading results using one day delay were actually most times fractionally better (go figure). The test was conducted using the reporting software "Share Trade Tracker" as I know STT is 100% accurate when positions are taken in the pre-auction using my (-/+ 3%) premium calculations.
I've posted the results previously
I posted my research using a delayed entry for the "Action Strategy". The Equity chart confirms taking a signal with one day delay "mimicked the actual returns" of the Action Strategy. If you are interested you can view my previous post here: https://www.aussiestockforums.com/threads/dump-it-here.34425/post-1094656
The "HappyCat Strategy" reporting
Reporting of the "HappyCat Strategy" will be twice a week:
(1) Monday "after the close" displaying the actual trades of that morning with position sizing &
(2) Each Friday evening with "how did we go for the week" style of reporting.
Commitment
I'll be live trading the "HappyCat Strategy" as a $100k portfolio & in no way am I suggesting for others to trade along even though two members have confirmed that they will be doing so.
Skate.
If you are asking the question, then I think the answer is "no", as you don't have $100k free.I'll be happy to play along to the tune of the Happy Cat, but don't have 100k free in the trading account. Is it still possible ?
If you are asking the question, then I think the answer is "no", as you don't have $100k free.
However, once you define what capital you do have, you could decide your own position sizing remembering that brokerage costs will affect return percentages.
At a guess, the strategy may have 20 positions at 5k each, but we have to wait for the details, (unless I missed it...?)
I might be able to manage $20k total, so 20 positions at $1000 each with $9.50 brokerage per trade.
I can also trade along with 1k positions + brokerageIf you are asking the question, then I think the answer is "no", as you don't have $100k free.
However, once you define what capital you do have, you could decide your own position sizing remembering that brokerage costs will affect return percentages.
At a guess, the strategy may have 20 positions at 5k each, but we have to wait for the details, (unless I missed it...?)
I might be able to manage $20k total, so 20 positions at $1000 each with $9.50 brokerage per trade.
Yeah, rough week alright. I held back on some purchases for the spec portfolio this week and instead sold two stocks in that portfolio that were not performing.Rough end of a day eh?
My heart goes out to Mr Frog...,
both my portfolios were eyeing a paper profit of circa $3k today until....Trump dump.
Ended up around $8.4k down on paper...ooof !
Did manage to lock in around $2.5k profit for the week though.
Roll with the punches...
G'day Skate,
Any chance of the buy list for a look see before close today?
Much obliged either way.
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