qldfrog weekly Skate inspired system

[willoneau]

Since I have a job I am unable to see the open so I think adding a % to the limit conditional order is the way to go for me. Both on the buy and sell order as I also have conditional buy orders.

 

[qldfrog]

Since I have a job I am unable to see the open so I think adding a % to the limit conditional order is the way to go for me. Both on the buy and sell order as I also have conditional buy orders.

Nice solution indeed, some brokers allow time or volume based condition.great way to bypass the issue

 

[willoneau]

I would be interested to know how Skate gets in on pre- open as I have looked on Commsec but am unable to realize how to do it or if it is even possible.

 

[qldfrog]

I would be interested to know how Skate gets in on pre- open as I have looked on Commsec but am unable to realize how to do it or if it is even possible.

I am sure @Skate will be happy to help.i only deal with comsec for my us portfolio and a few long term investment so can not help...

 

[Skate]

I would be interested to know how Skate gets in on pre- open as I have looked on Commsec but am unable to realize how to do it or if it is even possible.

@willoneau as @qldfrog has said, I’m happy to help .

Pre-auction
I place my orders in the pre-auction to secure the opening price. The value weighted average price (vwap) is used to determine the opening price & is displayed for each security in question “well before the opening” of trade. I have made many posts on the subject & I have listed a few hyperlinks below. Please don’t speed read them.

Have a read here:
https://www.aussiestockforums.com/posts/1041996/ & here https://www.aussiestockforums.com/posts/1029737/ & here https://www.aussiestockforums.com/posts/1041230/ & here https://www.aussiestockforums.com/posts/1041166/ & here https://www.aussiestockforums.com/posts/1030873/ will give you an idea how I enter & exit a position using the 3% premium/discount rule.

@myrtie100 also gave you a great suggestion how to enter a fading price “when a 3% discount won’t cut it”. Under difficult trading periods you have to be competitive in the opening auction as proven from the experience of this week.

Skate.

 

[lusk]

Bit harder to do with so many positions to exit at once.
My method might be similar to skates.

I wait till less than 5 minutes before open, look at estimate open price and volume ahead and insert
your sell order just lower than the estimated open price, you should be able to get the opening price.
Once you decide your out the first price is the best price.

 

[willoneau]

I place my orders in the pre-auction to secure the opening price.

I remember you saying you use Commsec but I am unable to find were to place my orders in the pre-auction?

 

[qldfrog]

Once you decide your out the first price is the best price

Just to emphasise: there is both a mental and a system benefit there.
Worth the few hundreds you may win if your gamble is successful in my opinion

 

[Skate]

I remember you saying you use Commsec but I am unable to find were to place my orders in the pre-auction?

Place your orders as normal
Just place your buy/sell orders as normal but place the orders outside of the normal trading hours. Place your trades before the opening of the next trading period & after the closing period of the current day (Place orders between 4:15pm (after the market closes) & before 9:45am before the markets open)

Price Limit
Place your "PRICE LIMIT" +/- 3% of the last closing price (for me, this calculation is done via the .afl code & displayed in the Exploration analysis below) meaning, there is no reaching for the calculator to work out the buy or sell offer in the pre-auction, the report even displays the quantity of shares to purchase at that price.







Hope this helps..

Skate.

 

[willoneau]

thanx Skate.

 

[willoneau]

I used to watch the pre-open trading on the SPI to determine opening price and thought you actually were filled before the open.

 

[qldfrog]

Helping to compare code results to benchmark:
As I am now into fine tuning etc of code and with the whole set of comparisons now available, it was taking me far too much time to backtest against each period of interest after manually entering the start/end date
So I created a java script using template apx files for each period of interest and able to run 7 backtests (more if you want) for a given code
If you are interested, PM me and I will send you the script.It could probably be improved more sophisticated but it works

 

[qldfrog]

another volatile week while the virus moves closer to home and is now IMHOwell uncontrolled here.
Economic effects starting to show.
as for my systems: sadly the system 2 I am trying to close fared much better than the one I want to keep...Maybe system 2 was just starting to show its benefit anyway BBand system 3 is started and showed a modest 22$ loss
System 1 lost a massive $ 4,769.90while system2 gained $4,550.24..not too bad overall unless I did mess up in my spreadsheet:
System 1:
Start 25/02/2019
Total invested $ 100,000.00
Cash remaining $21,936.27
Current portfolio value $103,307.33
Profit $3,307.33
Nb of active positions 14
Nb max position 20
Return since 25/02 3.31%
Annual return so far 3.25%
purchase value per position $5,165.37
Invested percentage 77%
dividends $ 1,575.27


System 2:
Start 5/08/2019
Total invested $ 100,532.76
Cash remaining $44,477.45
Current portfolio value $92,461.80
Profit -$8,070.96
Nb of active positions 10
Nb max position 20
Return since 5/08 -8.03%
Annual return so far -13.89%
purchase value per position $4,623.09
Invested percentage 51%
dividends $ 1,118.10


Actions on Monday:
system 1;
1 sell
maybe more as I refine my system based on this week work..will see;
System 2:
One sell, 2 buys I do not activate as I am winding down the system 2
maybe more as I refine my system based on this week work..will see;

 

[qldfrog]

what a bloodbath:
never seen anything like this even my gold miners got decimated today

System1 sold:
AFG @2.19 for a loss of $ 1,395.98 (25% loss)
BKW @16.04 for a loss of $ 1,142.90 (20% loss)
System 1 ends in negative after a year: a loss $2K (nearly 5.5k lost today)
imagine the money I would have saved keeping my out of system SL.... luckily I removed them but moved ultra conservative and short with other assets

System2: sold
PRU @$1.100 for a gain of 538.36
MNY @$2.140 for a loss of 1017.5
system2 which is winding down has a loss of nearly 10k inc 2k lost today

System 3 BBand is just starting and has bought CNU today and just has a loss of $172 by tonight so not too bad for start now...

 

[willoneau]

I feel the pain watching my portfolio go negative as i keep closing positions as per system. No buys this week and will close any positions that I need to at Fridays close.

 

[qldfrog]

ok another terrible week, I will work on the exit code this week end so that this does not happen again
The only plus: I beat the XAOA so I assume I would beat any linked ETF
:-{
System 1: loss of 9.2%: $ 9,586.11
at a loss since start of system

Start 25/02/2019
Total invested $ 100,000.00
Cash remaining $30,731.89
Current portfolio value $93,721.22
Profit -$6,278.78
Nb of active positions 12
Nb max position 20
Return since 25/02 -6.28%
Annual return so far -6.06%
purchase value per position $4,686.06
Invested percentage 66%
dividends $ 1,575.27

I expect many out on Monday but will refine

System 2 unwinding: loss of 3.7%
-$ 3,444.98
Start 5/08/2019
Total invested $ 100,532.76
Cash remaining $54,832.27
Current portfolio value $89,016.82
Profit -$11,515.94
Nb of active positions 8
Nb max position 20
Return since 5/08 -11.45%
Annual return so far -19.18%
purchase value per position $4,450.84
Invested percentage 37%
dividends $ 1,118.10

System 3:
ramping up :
Start 2/03/2020
Total invested $ 90,000.00
Cash remaining $ 81,280.81
Current portfolio value $ 89,238.18
Profit -$761.82
Nb of active positions 2
Nb max position 20
Return since 2/3 -0.85%
Annual return so far -28.09%
purchase value per position $4,461.91
Invested percentage 9%
dividends $
Beating xaoa flat just a timing issue.....

no buy, 1 sell

 

[qldfrog]

By monday if all goes to plan, i will have closed my system 2, have just one parcel in my new system, and system one will be very lean.
I worked today and obviously added our recent collapse period among my backtest suite.
My cam system1 is very sub optimal vs the improved Cam i played with lately and i will switch system1 code to ensure a transition to that improved code.
The drawback is that comparison will be hard to do with what will be a bastardy position in the first months
With few positions left, it is the opportunity to switch
The obvious drawback is that it will start with lower capital than a year ago

 

[qldfrog]

Sold most of what was left, what a bloodbath
one sell I can not do ..if I set the limit to asking price, my order is refused, even at market does not go..WTF
so unable to sell whatever I do
SOM asking 2.15 and BD can not let me sell it at that price...weird..only one like that
I will take a few days drive tour in the outback to resource and will do the assessment when back mid week or so.
Need a break before roads get blocked

 

[qldfrog]

from BD:
Please be advised that your amendment on order 7078009 to Sell 1723 SOM @ Limit $2.150 has been rejected by our trading operations team for the following reason: ASX will not allow price to be amended down to $2.15.

 

[myrtie100]

Selfwealth jammed up too frog. Massive delay in amending orders and no way of changing or cancelling either - I just had to wait until the thing changed!
I guess, an event like this will bring out the faults in all the different brokers.