qldfrog weekly Skate inspired system

[qldfrog]

How much have you been stung over the last week frog?

I'm holding.

Systems figures were provided on #611

does not include US or other ASX discretionary plays:
I do not hide anything:
between 13/07 close and tonight, before Monday US:
(14th of July was my killer with 7.5k going in smoke overall shares, bonds here and O/S; special Bastille day treatment

-100$ on US currency, +$3.4k on bonds and US shares, -4.6k on ASX shares
so just 1.2k loss in a week [roughly -0.15% loss for that bad week].
Not going too bad considering I have no ZOOM or ebay ;-)
slowly catching up (+$900 today)
It is a marathon and a number games

 

[over9k]

Yeah everyone have the jitters waiting for the next stimulus package.

 

[qldfrog]

Great week for my systems:
daily volatility: was bad:loss of $810
but others were flying:
dailyQFDuc:+7.6k(+13.8%)
and weekly:
my Skate Action implementation: +1.2k (+5.7%)
and
QfDuc:+1.4k (+1.44%) not bad with only 4 positions invested

so a weekly gain of 9.4k on a flat week compensating my horror week last week
These systems must have something in them
-----
details and graphs:
Daily volatility:

Start 25/05/2020
Total invested $ 20,000.00
Cash remaining $ 414.07
Current portfolio value $ 21,690.55
Profit $1,690.55
Nb of active positions 1
Nb max positions 1
Return since 25/05 8%
Annual return so far 52%

---
Daily QFDuc:
Start 18/05/2020
Total invested $ 50,000.00
Cash remaining $ 4,515.93
Current portfolio value $62,499.90
Profit $12,499.90
Nb of active positions 11
Nb max positions 12
Return since 18/05 25.00%
Annual return so far 138%


---
weekly:
Skate implementation of Action:
Skate system 11/05/2020
Total invested $ 20,000.00
Cash remaining $ 5,192.86
Current portfolio value $ 24,852.05
Profit $ 4,852.05
Nb of active positions 16
Nb max positions 20
Return since start 24.26%
Annual return so far 121%

and QFDuc: restarted after fixing the detected issue last weekend

QFDuc started 1/05/2020
Total invested $ 90,009.85
Cash remaining $ 76,611.17
Current portfolio value $ 96,625.12
Profit $ 6,615.27
Nb of active positions 4
Nb max positions 20
Return since start 7%
Annual return so far 32%

 

[Warr87]

Last week was a weird one. I saw everyone have similar results with loses compared to the market. And like you my system this week did pretty well despite a flat week!

I'm hoping these results carry through for you mate. It's looking good.

 

[qldfrog]

I ha

Last week was a weird one. I saw everyone have similar results with loses compared to the market. And like you my system this week did pretty well despite a flat week!

I'm hoping these results carry through for you mate. It's looking good.

d a few outstanding winners last week: MNS +95% in a week; YOJ +46% in a few days and BRN 25% in a week..that helps

 

[qldfrog]

Tax time question for the followers: I am filling my own personal tax return using the ATO online tool
I definitively qualify for ATO definition of
share trading as business;
the ATO specifies that dividends are included in assessable income, fair so I have to remove them from where they are automatically prefilled but what happens with the franking credits?
And how do you enter these gain/losses and dividends franking credits in the online app?

I can not be the only one filling what should be a pretty straighforward reports for tax.Any help wanted, please PM me directly as I do not want this to be considered advice, even taxation advice and put Joe in trouble.

 

[qldfrog]

A good day systems wise:
weekly QFDuc purchased parcels in YOJ, CDV and SLR,
and Sold ARV for a loss of $305.71
my daily sold FLN for a loss of 238, no buy, and Skate's 3 buys were implemented as expected

 

[qldfrog]

end of week on a sour note and a bad week overall:
Daily qf duc lost 6.8% or 4.2k
Daily volatility lost 3.6% or $800 , the bad part is that it is the 5th negative week after 5 consecutive positive week
nearly back to start;
my Skate action implementation did well: flat
and the weekly QFDuc a minor 0.6% increase or $500
in summary:
daily QFDUC
Start 18/05/2020
Total invested $ 50,000.00
Cash remaining $ 776.04
Current portfolio value $58,270.81
Profit $8,270.81
Nb of active positions 12
Nb max positions 12
Return since 18/05 16.54%
Annual return so far 83%
Average per week: 1654.1622

Daily volatility
Start 25/05/2020
Total invested $ 20,000.00
Cash remaining $ 414.07
Current portfolio value $ 20,909.11
Profit $909.11
Return since 25/05 5%
Annual return so far 25%
Invested percentage 98%


Weekly QFDuc:
QFDuc started 1/05/2020
Total invested $ 90,009.85
Cash remaining $ 66,955.94
Current portfolio value $ 97,162.04
Profit $ 7,152.19
Nb of active positions 6
Nb max positions 20
Return since start 8%
Annual return so far 32%
Average per week: 715.2185

Not every week is sugar and lollypops ;-)

 

[Warr87]

Are you having trouble managing 3 systems?

 

[qldfrog]

Are you having trouble managing 3 systems?

Not really.
Weekly.no trouble..plenty of time
Daily
The daily volatility has had no change for weeks just slowly losing....
And daily qfduc is a little bit of work
Only 12 positions but a change or 2 a day
I look at os market so need to wait past 8:30 am before loading premium data, then ab, one click for opening the system file
Another explore
Select all and copy in spreadsheet where i confirm no repaint then any buy or sell entered
Around 15 to 20 minute a day
Could not do that if working. But as i i not work anymore all good
Hope it helps
This week was bad with huge day variation but **** happens
More worried going from 25k to 20k on the trial daily volatility
Working as a rocket first 4 weeks..slowly dying
Well there is a reason i only put 20k
Others quite happy

 

[Warr87]

good point on the time. not too bad but depending on your job could be difficult.

i'm sure your system will come back. it won't always be in sync. overall your systems are producing very good annual returns.

 

[qldfrog]

good point on the time. not too bad but depending on your job could be difficult.

i'm sure your system will come back. it won't always be in sync. overall your systems are producing very good annual returns.

So did they last year and February saw the profits go in smoke, i will rework on my zl extra after fixing it
Good potential, different concept and unsync with others but still a bug there

 

[qldfrog]

On Monday DL volatility unchanged;
DL QFDuc: 3 sells, 1 buy 10 out of 12 positions..I might soon increase my number of positions as we are soon reaching 20% profit and I could add positions and reduce risks per trade per for the time being I stick to 12 max
weekly QFDuc 4 sells, 3 buys: I will end up with 5 out of 20 positions only: quite light weight

 

[Warr87]

20%? nice work mate! have an idea of where you will stop the max positions?

 

[qldfrog]

20%? nice work mate! have an idea of where you will stop the max positions?

20 @$5: i think after that, i will start a new system altogether

 

[Warr87]

any ideas on what? You could diversify and try commodities/futures?

 

[qldfrog]

any ideas on what? You could diversify and try commodities/futures?

ideally my ZLextra a zigzag tweaked as long as I can ensure no repaint

 

[qldfrog]

before I forget, today was weekly action day not much to see:
weekly QFDuc sold CDV HUB NWL SLR at open for a total loss of $418
and bought BKY @ 0.52, GSW @ 0.83 and RBL @ 2.66 all losing relatively heavily today (nearly 900$ loss from buy to EOD for 3 stocks)
Daily bought GXY and sold CDD.CLQ and SRG for a total loss of $763
On a day like this, discretionary stocks in PMGOLD, USD, BONDS and CSL/Silver helped a lot to finish the day positive but the systems were hurting

 

[qldfrog]

a stellar week compensating for last week bad results:
daily: pure volatility: +3.11% or $650
QFDuc: +5.5% or $3.2k
weekly:
Skate:+6.6% or 1.6k
QFDuc +1.7% or 1.7k
so 7K added to the silver gold plays which are going well..a great week
=========================
in details

Daily QFDuc:
Start 18/05/2020
Total invested $ 50,000.00
Cash remaining -$ 211.84
Current portfolio value $61,484.61
Profit $11,484.61
Nb of active positions 12
Nb max positions 12
Return since 18/05 22.97%
Annual return so far 106%

--------------------------------------------------------------
Daily volatility:
Start 25/05/2020
Total invested $ 20,000.00
Cash remaining $ 414.07
Current portfolio value $ 21,560.31
Profit $1,560.31
Return since 25/05 8%
Annual return so far 40%

---------------------------------------------------------------
my Skate action implementation:
I sold GOR by mistake as i was liquidating my own investor position there ah well
Skate system 11/05/2020
Total invested $ 20,000.00
Cash remaining $ 4,389.85
Current portfolio value $ 26,486.94
Profit $ 6,486.94
Nb of active positions 18
Nb max positions 20
Return since start 32.43%
Annual return so far 138%

---------------------------------------------------------------
QFDuc started 1/05/2020
Total invested $ 90,009.85
Cash remaining $ 71,431.14
Current portfolio value $ 98,821.14
Profit $ 8,811.29
Nb of active positions 5
Nb max positions 20
Return since start 10%
Annual return so far 37%

 

[qldfrog]

I hope these real world results are enticing people to have a go;
my weekly QFDUC is under performing still decent return but I would be better in an ETF
the obvious issue is that I have currently only 5 positions out of 20 invested: most of the money is just waiting there idling;
great if we have a crash tomorrow but if i multiply the profits by 4 (if aka putting all money in) i would be returning 130% annualized instead of 37%;
So slow entry & quick exit has its drawback, but being in a weekly system, it leaves you exposed risk vs return the essential trade off