qldfrog weekly Skate inspired system

[qldfrog]

The good news now:
got a contract on the farm, mediocre price, a few sweeteners but probably down $200k or more from the RE top 18 months ago or so.
Anyway, we can live on, go and visit father in law O/S before it is too late, and stop paying 2 rates bills, 2 insurance premiums and 5000 km a year travel to care for our herd there
Once this is settled, our piggy box recharged and our move is over, I will reorder my data feed, rerun my systems, work a little bit on these and start posting more interesting content.
Might take a couple of months before I reengage system trading but it is coming.
For the meantime, focus is on transporting cattle to new property, and moving back and forth with trailer and ute full...
Have all a great week end

 

[qldfrog]

Move nearly over and not a good week for the super

minute increase for XJT but fall for me as PM went down

 

[qldfrog]

another bad week last week, falls from both PM and ASX shares

down nearly 1% from our top so 1% DD..in my systems, I would not even bother looking...but this is super money so a bit disappointing

 

[qldfrog]

yesterday was settlement date, I will reinstate my data feed, and once i get a break rerun my systems, confirm the ones I want to restart and we will be back again at looking at real system trading performances
be patient

 

[qldfrog]

ok just back from out west where life is still true, bulls are still male, and bull**** called by its name...
how refreshing:
last week was good as the PM jumps easily covered the various shares
the result:

our super gained nearly 1% and nearly reaching its ATH which was quite impressive considering Friday ASX .which I discovered today

 

[qldfrog]

a yoyo week with shocking paper losses during the week:
we end up down 1.3% overall, beating the XJT which is down 2.24% but that is an outperformance I prefer to forget
PM did not protect me this week

 

[divs4ever]

a yoyo week with shocking paper losses during the week:
we end up down 1.3% overall, beating the XJT which is down 2.24% but that is an outperformance I prefer to forget
PM did not protect me this week
View attachment 182336

yes .. in a 'liquidity squeeze event ' everything ( sale-able ) gets sold , crystallizing any profits or losses in the process

and thus the trick is not to be FORCED to sell during such events ( being scared is natural , but maybe not so wise )

 

[Chipp]

yes .. in a 'liquidity squeeze event ' everything ( sale-able ) gets sold , crystallizing any profits or losses in the process

and thus the trick is not to be FORCED to sell during such events ( being scared is natural , but maybe not so wise )

if you are going to panic do it early

 

[qldfrog]

lost my initial post with draft not saved anymore I think so will keep it short
not in system yet, super went up 1% but XJT beat me easily;
overall super up 5.3% since dec 23, while XJT managed 7.3%!

 

[divs4ever]

lost my initial post with draft not saved anymore

OOPS ! i hadn't noticed that change , thanks for the heads up

cheers

 

[Chipp]

The good news now:
got a contract on the farm, mediocre price, a few sweeteners but probably down $200k or more from the RE top 18 months ago or so.
Anyway, we can live on, go and visit father in law O/S before it is too late, and stop paying 2 rates bills, 2 insurance premiums and 5000 km a year travel to care for our herd there
Once this is settled, our piggy box recharged and our move is over, I will reorder my data feed, rerun my systems, work a little bit on these and start posting more interesting content.
Might take a couple of months before I reengage system trading but it is coming.
For the meantime, focus is on transporting cattle to new property, and moving back and forth with trailer and ute full...
Have all a great week end

Well good news you can now move on and get on with your plans . Maybe a bit of a life lesson there for others on cost of capital / time and motion economics . I will be selling my house soon and i can tell you i wont quibble over a 10% difference on what i want to what the market will pay for very long . I might last 2 months on market before i take the best offer i can get if i cant get near asking price , i get rural property is a whole different game so 2 months is likely not a realistic time frame . Cost of capital next thing to concern about , >5% pre tax easy to get risk free and has been for a while , can make up some of that percieved value loss and soften the blow slightly . Anyway great you can now get on with what you want to do and wish you all the best . Time is finite and we must cherish it .

 

[qldfrog]

Well good news you can now move on and get on with your plans . Maybe a bit of a life lesson there for others on cost of capital / time and motion economics . I will be selling my house soon and i can tell you i wont quibble over a 10% difference on what i want to what the market will pay for very long . I might last 2 months on market before i take the best offer i can get if i cant get near asking price , i get rural property is a whole different game so 2 months is likely not a realistic time frame . Cost of capital next thing to concern about , >5% pre tax easy to get risk free and has been for a while , can make up some of that percieved value loss and soften the blow slightly . Anyway great you can now get on with what you want to do and wish you all the best . Time is finite and we must cherish it .

Indeed the whole "get cash quickly within 30 days with no conditions" was what made us accept an inferior price.
But rural properties are indeed a different game
Wish you all the best for the sale, the market is still alive @Chipp

 

[farmerge]

yes .. in a 'liquidity squeeze event ' everything ( sale-able ) gets sold , crystallizing any profits or losses in the process

and thus the trick is not to be FORCED to sell during such events ( being scared is natural , but maybe not so wise )

Of course with these crash and burn events there is always a buyer when a frightened bunny sells. I guess the buyer in most cases ends up the holder of the chocolates as they watch the SP rise on their recent purchases, while the seller to scared to hold has to commiserate with a glass of warm ale.

 

[Chipp]

Indeed the whole "get cash quickly within 30 days with no conditions" was what made us accept an inferior price.
But rural properties are indeed a different game
Wish you all the best for the sale, the market is still alive @Chipp

Thanks @qldfrog , given my location and recent price action i think i will be ok and likely i will go to auction and the surprise might be pleasant instead of the other but eyes wide open to whatever . i am lucky to be in one of the better performing Brisbane areas over the last 3 years so regardless of sell price to listed price i will be doing very well . And before someone says i will pay more for a replacement house as well , i will be in fact renting for at least 2 years and the returns on the house sale cash will pay this rent many times over untill i decide where i will actually live , need to stick around Brisbane so my wife and i are close to her elderly Mum until the inevitable sadly happens .

 

[qldfrog]

an update on the super..so so..marginal gain, but should jump on Monday in line with silver/gold plus asx/commodities
5.33 return since Dec 23 whereas the XJT added 1 % at 8.9% on the week.
Not too good, will see next week.

 

[qldfrog]

Serious counterperformance this week losses on PM, and some material shares
On friday, I off loaded a fair share of equity preferring to be cash during September for the super

Clearly losing vs XJT as we are just half of the performance since dec 2023.
Not good

 

[qldfrog]

OK, gold and silver where I am overexposed had a cost, lucky I sold a lot of the shares las month for the super but still heavy losses
And that was before last night Wall Street where silver carried on its fall..gold in AUD not so bad

So paltry 3.4% return since dec 23 vs XJT at 9.3%
I have a huge chunck of TD which will return me a set of one off 5% sequenced in the next year but no good
Super wise I am roughly third share, third PM and rest in cash or TD
personal accounts are mostly cash outside PM and so far better that way
Monday will not be nice but I took a few casino chips: NVIDIA,energy etf and micro strategy as a leverage BTC last night
For short gains play, easy up and down 3 to 4% per session Monsieur Chipp having a ball

 

[qldfrog]

Sadly, my super does not allow me to enter orders more than 5% from latest price..you would think that with super being long term, you should be able to enter low bids..but..
Will have to keep eyes open today

 

[qldfrog]

Sold my casino chips 146 USD profit after fees that i will spent on coffee and cakes with the lady.. obviously peanuts vs portfolio losses in the last few days but being gambling and low risk, was nice.

 

[qldfrog]

as most, good last few days as PM surged
now back to 4.6% return since December but still beaten flat by the XJT

more good progress expected on Monday, he end of the critical sept october period not over so..will see
Always good t see serious nominal increase on the super..and much more on the overall portfolio