qldfrog weekly Skate inspired system

[qldfrog]

Dog of the ASX 2024 liquidated:
Sold the lot ultimately for $40353.89 or a total loss of $9539.9 .
The asx going up allowing me to gain $240 since friday close
The liquidation end up at a -19.12% loss over just 2 months..Do not play that game...

 

[qldfrog]

oh man, as an academic exercise, it's not pretty but, with real money, what misery!!

@Dona Ferentes , dogs put to sleep ..with a vengeful 22 i may add.

 

[Sean K]

Dog of the ASX 2024 liquidated:
Sold the lot ultimately for $40353.89 or a total loss of $9539.9 .
The asx going up allowing me to gain $240 since friday close
The liquidation end up at a -19.12% loss over just 2 months..Do not play that game...

Have you sold too early for this experiment to flush out? I guess you had a sell plan to save capital, but it's only been two months.

Maybe keep it as a paper trade for the rest of the year to see what happens? Or, maybe that would be a mistake.

 

[qldfrog]

Have you sold too early for this experiment to flush out? I guess you had a sell plan to save capital, but it's only been two months.

Maybe keep it as a paper trade for the rest of the year to see what happens? Or, maybe that would be a mistake.

I will definitely keep it as paper trade and report here , weekly if i can.
And yes it could double next month but it was not supposed to be a gambling exercise, with 20% loss, it would need a serious jump in 9 months just to break even...
And there was no plan but exit in December..
So not a matter of nerve but sanity i am afraid

 

[Sean K]

So not a matter of nerve but sanity i am afraid

I must add a heightened level of sanity to some of my dart throws.

 

[frugal.rock]

Milk crate or step ladder?

 

[qldfrog]

Milk crate or step ladder?

You would need a fireman ladder for these dogs of 2024 experiment.
I am heading OS this week and will not be able to update for a fortnight but spreadsheet saved and ready so will manually update the data and graph weekly whenever possible.

 

[frugal.rock]

Bon voyage

 

[qldfrog]

while still in Oz to watch the show:
the Dogs of 2024, now in paper only lost nearly $1k since liquidation yesterday open and are at a total -21% performance
was nice to move back 40k from share to cash then;
I BTD moderately today and spent $19k on shares I want to invest (long term), most closing higher and in profit at close;
The RRG system lost 2.4%
On a red day like this, it is a good time to play with the spreadsheet and see where the frog investment is:
31% in shares/ETF both ASX US;made of: 8.9% of PM/currency/crypto etf shares;22.3% non crypto/PM shares some in options
1.42% in cryptos
8.1% in physical PM
59.3% in cash/TD etc so plenty of opportunities to reinvest;

When to jump in the market will the hard choice: all on black..or staggered
Cash returns are slowing as I receive bank email after email telling me my deposit rates are going down
For the time being watching the fireworks

 

[Dona Ferentes]

@Dona Ferentes , dogs put to sleep ..with a vengeful 22 i may add.

run with the winners, abandon the losers.

6 months time, a mere bagatelle

 

[qldfrog]

trady to fly O/S will not be here to run the RRG this week end so did run it today and will sell buy 2 shares based on this early eow for me..will see how it goes..not a great timing

 

[Garpal Gumnut]

Travel safe @qldfrog .

gg

 

[divs4ever]

Travel safe @qldfrog .

gg

+ 1

 

[qldfrog]

Back home, great 10 days overall: both holidays and serious gains for the portfolio but a bit disappointed by the Super investment side..ahh well
The Dogs (paper only) did well in the last 2 weeks: gaining 2.5% and now only down 16.95% since January start

-------
RRG system had to have an earlier decision nade last week and sold on the 13/03 SEK/SWM for a strong loss: (-11% and -17%) ..
These 2 packets were replaced by ISML and NUF

Running the system today:
The good thing is both SEK and SWM were indeed to go at the end of last week
But the system would have taken SYR and KCN instead as they ended up higher score last Monday..
I could swap them with ISML/NUF to restore system integrity
on Monday, 1 buy 1 sell planned
The whole of super did better with a small $ increase in the last 2 weeks:

 

[qldfrog]

Update on the RRG system:
at open, sold AVG, bought WGX as per system orders
to correct the earlier purchase pre holidays:
I sold the 2 packets of early purchase ISML and NUF for a profit of $109 after brokerages, and reinvested the cash on the system recommendation for last Monday: SYR and KCN
we are now back to a purer RRG system
We bought today SYR at 0.2825 vs last Monday 0.28 and KCN at $1.475 vs open at $1.52 last week;
With the profit on ISML and NUF sales, acting earlier just before flying overseas has not cost the system any money which is good

 

[rolly1]

Update on the RRG system:
at open, sold AVG, bought WGX as per system orders
to correct the earlier purchase pre holidays:
I sold the 2 packets of early purchase ISML and NUF for a profit of $109 after brokerages, and reinvested the cash on the system recommendation for last Monday: SYR and KCN
we are now back to a purer RRG system
We bought today SYR at 0.2825 vs last Monday 0.28 and KCN at $1.475 vs open at $1.52 last week;
With the profit on ISML and NUF sales, acting earlier just before flying overseas has not cost the system any money which is good

RRG stands for?

 

[qldfrog]

RRG stands for?

Relative rotation graph

Relative Rotation Graph: How to Use RRG Charts in Trading

This article illustrates the usefulness of RRG charts in trading.

www.investopedia.com

Looking at trend of a specific stock vs the trend of the market: relative, not absolute move so may invest in a stock falling less than the index for example
There are a couple of exit/profit taking..if j remember well and a few tweaks but basically building a systematic trading tool/system based on that concept
Nothing magic

 

[qldfrog]

another week and this time at home under the rain....
The super investment did not do too good, down 0.1% on the week probably as its PM exposure is not that high

And the system RRG was disappointing losing 3% on the AVG packet sale mostly

Today was a good day otherwise for the frog and the overall portfolio did very well this week, probably due to my PM exposure;
I will finalise the numbers tomorrow after the US session for the options and NY exposure but I hope to reach another ATH then.
What everyone is waiting for:
the Dogs of the ASX
I got a few dividends from my previous exposure:$216 reducing the loss to a still massive 18.7%
The Dogs portfolio would tonight be at: $40.98k or a -17.86% loss

out of the 10 stocks, while MIN recovered a bit, I still have 6 stocks losing more than 21% inc a -35.37% for VEA and-34.59% for PDN
These are massive falls for relatively big caps
PM:
As discussed on a PM thread, I started reducing my overexposure to PM, which was above 20%:
I was able to put narrow trailing SL on 2 gold related ETFs, but could not with Bell Direct add a trailing loss on ETPMAG..probably due to their day only order limit on this stock;
Had to sell live, cash a handsome profit and then saw it surge another 2% today....a lot of whatif, and the reason I try to narrow trailing stop instead of pure sell order when i want to lighten stock exposure
I am down now to 18.55% exposure to PM/crypto...more trailing SL to trigger ahead
Have all a great week end; will post again tomorrow after the US session and after checking the changes if any on the RRG system