qldfrog weekly Skate inspired system

[over9k]

My portfolio of stay-at-home tech hasn't had a red day for weeks.

ASX has been choppy AF, but my U.S hasn't.

 

[Warr87]

My portfolio of stay-at-home tech hasn't had a red day for weeks.

ASX has been choppy AF, but my U.S hasn't.

you must be very proud.

 

[over9k]

Considering the absolute fisting I received after betting quite a bit on a bounce in the oil companies when everyone were expecting the reopen back in may that then got delayed just long enough for the saudi's to fill basically every storage tank everywhere and thus tank 3/4 of my whole portfolio it's more of a relief than anything. I'm still up quite a bit now, but not nearly as much as I should be.

I've made a post in the "trading the bounce" and "trading the trend" threads about why I think stay-at-home tech has plenty of legs yet - both threads are well worth a read of the last ~5 pages.

 

[MovingAverage]

My portfolio of stay-at-home tech hasn't had a red day for weeks.

stay humble grasshopper for the red days will come

 

[over9k]

Sorry, didn't mean for it to come across as a brag.

I should have said that I think that stay-at-home tech still has plenty of legs yet and would be well worth a buy even now as the conditions (virus data) driving its gains over the past few weeks are only getting worse. Didn't mean to come off as douchey.

 

[MovingAverage]

Sorry, didn't mean for it to come across as a brag.

I should have said that I think that stay-at-home tech still has plenty of legs yet and would be well worth a buy even now as the conditions (virus data) driving its gains over the past few weeks are only getting worse. Didn't mean to come off as douchey.

im just messing with you. Hey man, you’ve got to celebrate the wins so good for you. Your “stay at home tech” is interesting and I’ll check out your thread tomorrow—I tend to agree with you, cant see us rushing back to the old offices like we used to any time soon.

 

[over9k]

Well, I might have finally jinxed myself with that post!

The nasdaq closed down 2.59% (2.84% for djia), and I'm down slightly for the night, but half my portfolio's in extended trading so we'll see my final number soon. The major standout was ebay, bouncing over 3%. I suspected it was something to do with the data, released today, for consumer discretionary spending in may being far higher than expected, but amazon is way down, so it's something else (and I haven't looked into it).

Edit: ended up down 0.45%. I'm over the moon considering the bloodbath everything else was.

 

[qldfrog]

this morning, Daily volatilty engaged, qfduc saw some big activity with 7 sells and 9 buys+ one buy lapsing as being too high from open

 

[over9k]

You fire any lasers today frog?

 

[qldfrog]

You fire any lasers today frog?

Relatively yes, Skate system fully in, daily volatility fully in,and weekly fully in, the daily qfduc still 100pc cash.
These are systems and do not care what i or you think, and can make money in either direction unless panic sets in
Fwiw, and not to be taken as a personal attack but you display a cockiness which is more similar to a Lotto winner than experienced expert.the market and life usually manage to leverage that
There is no karma nevertheless if you did make good money in your gamble/ investment, i would recommend you set some aside.
I hope i do not breach the rules of the forum here.
DYOR
Not sure how old you were during the dot com bubble but i can remember some similarities.
If i roughly make it even after a FY tomorrow between my systems and asx exposures bonds and US market : i will be very happy
Real estate returns a limited loss so far
This specific thread is a public journal on a systemic trading attempt: the mistakes the win,the losses, the journey.
I aim to help others to discover the beauty of removing personal emotions when putting hard earned money into a seemingly irrational market without going in the angst of choosing to invest in a zoom meeting company making no money or a QAN losing billions

 

[over9k]

It's just a lingo thing man. I've been trading since the gfc - not old enough for the .com bubble.

You should see I've made quite a few very serious posts in several other threads and have even been calling the timing of a 2nd virus wave etc for quite a while now. I've even gotten its timing pretty much bang on when I said it was going to be the end of this month.

 

[qldfrog]

It's just a lingo thing man. I've been trading since the gfc - not old enough for the .com bubble.

You should see I've made quite a few very serious posts in several other threads and have even been calling the timing of a 2nd virus wave etc for quite a while now. I've even gotten its timing pretty much bang on when I said it was going to be the end of this month.

I do not doubt your seriousness,you have a few very valid points and are presenting thoughts worth debating and agreeing/disagreeing
No problem there but in your last few days posts, there was a tone i found maybe wrongly as a bit cocky for lack of a better word.
No big deal and not feeling attacked or whatever.

 

[over9k]

I don't think I've mentioned that I'm english - we take the piss out of everything/joke about the most serious of things. It's a cultural thing.

You know, it's just a flesh wound

 

[qldfrog]

English and French, what can go wrong....

 

[frugal.rock]

Mon'Amie and Geezer !
All I can say is that I wish the accents came through.
More fun, init.
Ce sont de sacrés bleu sur vos poings là, Frog.

 

[over9k]

If there's one thing that'll unite us, it'll be the germans.

 

[qldfrog]

If there's one thing that'll unite us, it'll be the germans.

yes British and Prussians together forever...until WWI...;-)
Let's get back to the systems now! Will try to give an EOFY results of systems experiences in the coming days

 

[over9k]

Do you only trade on the ASX frog?

 

[qldfrog]

Do you only trade on the ASX frog?

ASXand US, but more discretionary/investor on the US market
basically I can usually spend weeks on the US portfolio not even looking at the SP, looking daily on the ASX now
ASX 95% systems, not discretionary..I bought a few PMGold lately but that's basically it

 

[qldfrog]

OK: EOFY results drums rolling well, nothing to be proud of, nor ashamed
8 systems were run with money in play:
flipper and zlextra were both started and stopped not due to crash but due to repainting, mistakes detected and underperforming in refined BT: loss $5.5k

System 1 and 2 ended back in cash after the crash with some losses:-$27k;(so roughly -11% each)
They did not have any GTFO, got hammered by the crash and it would be stupid to carry them on;
This allowed me the opportunity to work on new systems, GTFO options etc;
I now have 4 systems:
daily volatility, DLQFDuc, QFDuc and Skate systems
They total 20k profit (inc 3k from Skate test run)
overall -12.8k this financial year ..I was hoping to be even but nope, a few bad results this week and had forgotten about my initial mistakes costing me 5.5k..

Percentage wise:around 4.2% fall in the overall FY.
Considering they started life respectively in:end feb19,August and December 19, just ready to be hammered in February without gaining much traction in the last months before the crash
then for the new versions to only start in May 20

I am actually not too disappointed
Benchmarks: xnt: -10.5% or VAS: -12.5%

These results include brokerage costs etc, but not a few hundred/thousands of franked dividends etc

I think this could be interesting for other beginners