qldfrog weekly Skate inspired system

[frugal.rock]

Overall, just a weird time with mix results among the differing timelines.

Might be something in that, eh?
??

 

[Warr87]

Might be something in that, eh?
??

Haha. Well there's a give and take with every strategy. A longer term strategy is sometimes going to be more intune. Shorter term strategies can take advantage of quicker wins. I've tried to have a mixture of varying timeframes for a bit of diversification.

I have no doubt that sometime in the future my monthly and/or weekly will be flat/down whereas my daily will be doing well.

That being said, I was a fan of the monthly when I started it last year and I continue to be so!

 

[qldfrog]

Haha. Well there's a give and take with every strategy. A longer term strategy is sometimes going to be more intune. Shorter term strategies can take advantage of quicker wins. I've tried to have a mixture of varying timeframes for a bit of diversification.

I have no doubt that sometime in the future my monthly and/or weekly will be flat/down whereas my daily will be doing well.

That being said, I was a fan of the monthly when I started it last year and I continue to be so!

But you do not want to be full in with the monthly when the crash hits..

Unless you are lucky with timing

 

[frugal.rock]

Ah, it's all good Frog, no need to throw a cat amongst the pigeons, yet, as long as we all keep buying Uranium
Chin up! ?

 

[qldfrog]

But you do not want to be full in with the monthly when the crash hits..

Unless you are lucky with timing

@Warr87 not an attack,hope not seen like one;
I like weekly ease of management and even better monthly but just believe a bit late to start one now for me when all signs are for a correction within 12 ticks

 

[Warr87]

@Warr87 not an attack,hope not seen like one;
I like weekly ease of management and even better monthly but just believe a bit late to start one now for me when all signs are for a correction within 12 ticks

didn't take it as an attack mate. You are definitely correct. And as I've noted in my monthly's journal, this is a big downside to the monthly strat. I wouldn't know how to code in, and backtest, some intra-monthly or death spiral type exit if the market crashed. Radge's original code has an index filter but I found that it took too long to get back into the market once the filter was back on. At least for my tastes. But he would be out of the market when it drifts down. So again, a give and take. Maybe when I eventually move it from AB to RT I can test this emergency type exits. Though I'm not a big fan of such things.

 

[qldfrog]

great milestone, after a very good week so far, it seems I have now caught up and am positive for the FY (this includes paper gains) Considering I started more than $35k down a month ago, I am either very lucky, my changes were worthwhile or both
anyway, give me more days/weeks like that

 

[qldfrog]

ok so you guess great week:
a bit cooler today where the frog lost 8k but only 2k from his systems so what could have been a stunning week will be a very good one:
dailies:
mostly empty by the end of the week:
both volatility ASX and US 100% cash unchanged;
Mother of All Flying Bat: 100% cash now but managed to gain $0.6k or 1.08%
DLGuppy: 80% cash by EOW but managed to gain $2k or 4.6%
The weekly systems did a killing:
QFSec +$5.3k or +6.8%
and the best of all:
QFDuc +8.9k or +10.3%
overall:51% cash, gain of 16.8k or 4.9% overall ;
I am VERY happy and hope it has been the same for my fellow systematic traders;

since 1/07 and after the disastrous initial months, I am happy to be now back positive with systems+ investment ASX..was positive overall with US portfolio until gold and silver got hit today/last night but that is transitory isn't it? ;-)

 

[peter2]

Very pleased to read your latest report. Would love to share an Arrogant Frog pinot noir with you on the pad.

Make sure that you spend the time to congratulate yourself for following your systems. Times were tough. Drawdowns aren't pretty but they're part of the journey. Sticking with your approach and making new equity highs is hugely satisfying. You done it, mon ami. I'm very pleased for you.

 

[peter2]

Earning our way out of a drawdown is immensely satisfying. IMO we should take the time to recognise that achievement within ourselves and allow that satisfying feeling to flow into and build our confidence as a trader. Once we've earned our way out of a significant draw down we know that we can do it again. That's experience and confidence we've added to our trading resources.

I want to mention a possible next step. This is rarely mentioned in the literature. I want to suggest that we use this positive feeling (we are feeling really good, right) and express some gratitude to those closest to us (*). When times were tough we undoubtedly passed some of the negative energy into those we're close to. Now is the time to make up for it. If we express gratitude effectively then the positive vibe gets spread more widely.

Expressing gratitude meaningfully has many benefits. I'm no psychologist, just trust me it's good.

When those close to us see that we're successful traders they become more supportive. We don't need to provide details about the trading business, just tell them we're grateful for them being around. If you do this well then you'll be surprised at how supportive they'll be when you're in the next big draw down.

* - I'm not going to tell a Frenchman how to express gratitude to his partner (jewelry?).

 

[frugal.rock]

* - I'm not going to tell a Frenchman how to express gratitude to his partner (jewelry?).

Fine wine and dine perhaps?

Escargot Mademoiselle????

 

[qldfrog]

Fine wine and dine perhaps?

Escargot Mademoiselle????

Froglet and I had a good laugh..?
I actually brough back a small wood fired..pizza yesterday impromptu...
Same feeling but with the frog aware that the breakeven can still go back in smoke quickly...
Thanks for the input and @peter2 ,keep moral up..as i think you are subject to these Soul and business destroying lockdowns, down south?

 

[qldfrog]

did not take long, thanksfully the pizza was good : @peter2 and we had a great sunday,
today's back on the market saw my systems lost all of last week's profits: -$16.5k out of only $200k currently invested so -8% loss today on average..FFS..wahooo
and the investor portfolio did not help : red everywhere inc some bonds and PM
these invested systems are the weekly ones so they may or not recover later on, anyway, i follow my systems...

 

[qldfrog]

Here comes the disaster week to follow the breakeven, Monday lost a bucket and even good day like yestry
both today and yesterday saw a 3k intraday all between systems so we lost all of last week gains plus more
daily systems:
volatility US & ASX unchanged , fully cash
MOA: -$0.6 or -1.13%
DLGuppy $-2.1k or -4.5%
QF Sec:-$3.6 or -4.3%
and QFDuc -10.7k or -11.3%
So overall -$17k or -5.2%, and 30% cash we wipe out the previous week gains...

 

[qldfrog]

Not sure about fellow trend follower but bleeding and bleeding lately.on asx down I fall , and so do I or just even and day up..not a good week as it unfolds

 

[KevinBB]

Not sure about fellow trend follower but bleeding and bleeding lately.on asx down I fall , and so do I or just even and day up..not a good week as it unfolds

I just so happened to pick this week to implement the ASX Stocks part of an overall trend following strategy. Luckily only a couple of stocks have been purchased as yet. So, feeling a little bit of your pain.

September is rarely a good month. From memory, 3 in the last 4, and 9 in the last 16 Septembers have been down months. I'll update from the other computer once this September finishes. Bring on October to December.

KH

 

[qldfrog]

I just so happened to pick this week to implement the ASX Stocks part of an overall trend following strategy. Luckily only a couple of stocks have been purchased as yet. So, feeling a little bit of your pain.

September is rarely a good month. From memory, 3 in the last 4, and 9 in the last 16 Septembers have been down months. I'll update from the other computer once this September finishes. Bring on October to December.

KH

yes, I know I started one system in May, and then as I was nearly back on my feet 2 weeks of smashes..well this is what it is...

 

[Warr87]

Lost a little today on the weekly. The daily triggered a few sells (filter is on so it's not buying), but despite the sells it was break even. what i'm holding there now seems to be rather strong despite wider market. monthly was down, and suffered a little. so a bit of a mixed bag tbh.

I only checked after your post, so it was surprising to see how much the ASX lost today.

hopefully not too much lost for ppl here.

 

[qldfrog]

week 2 of serious down down down:

For the week, XNT was down 2.2%
dailies:
MOA: -$2.4k or -4.46% now fully cash
DLGuppy:still 46% invested: -0.8k or -1.78%
disappointed with volatility who are actually still bull tonight
volatility ASX:-0.3k or -0.5%
volatility US:-1.3k or -7.9% luckily a smallish player as not very successful

Obviously, in such an environment the weekly systems are where the crazy losses are:
QFSec -$7k or -8.8%; 90% invested
QFDuc -$7.3k or -8.6%; 82% invested
Overall -$19.2k or -6.2% currently 30% cash
overall the frog portfolio was down 20.9k so the loss of only $1.7k on the discretionary investment portfolio was actually quite good

need a good shiraz but the mood is up, at long last:

International borders to open in November​

they are only mentioning entries while I care more about exiting but I see it hard to stop people leaving if they let them in...
I will probably have to close the dailies when I am out due to internet access and time differences but I have another 4 to 6 months for these boys to catch up.
the systems are now back down to severe loss

 

[qldfrog]

I am really puzzled by this repeating morning to close fall:
for at very least the last months , I see a decrease in my (small cap mostly) portfolio of around 1% between the day start let's say 11Am to close;
on these systems around 2k intraday value fall, day, after day whether the market gain or lose, always around that 1% figure
It is not practical for me to do a sell all at 11Am then buy again all the stocks I want at 3PM...
but seeing a rough potential extra gain of $80k in just September instead of a 40k overall system loss is teasing
anyone doing intra day play maybe with ETF?