Australian (ASX) Stock Market Forum

Starting with not enough funds?

Re: Starting with too lower funds?

You do not buy a system them just pick and choose bits of it. What you are recommending is equivalent to going to the Doctors and getting antibiotics and deciding to skip every second dose!!

The system works due to the sum of ALL its parts not due to you second guessing it.

Do you know what system trading is and how it works? :confused:

+1

if you're running an automated system with positive expectancy why are you tinkering with it and having an unquantifiable asterisk for the 'thought of the day'...

dumb dumb dumb
 
Re: Starting with too lower funds?

There should always be room for lateral thought.

Can you back-test this?

Springhill, 'systems' refer to algorithmic programs that give you the buy and sell signals. This mechanical or systematic trading must be followed to the 'T' if the actual results are to replicate the test results.

And yes, it does work and more successful hedge funds than you would believe are probably running systematic portfolios.

CanOz
 
Ill split this into a couple of bits.
But the answer is strictly related to Radges Growth Stratagy as a SYSTEM

A recommendation is, after all, just that. It is not an iron clad guarantee of a positive return.

Firstly they are NOT recommendations.They are buys as signalled by the system search.There is no emotion attached to them they will be proven to succeed or fail. They are a COMPONENT of the system.

BUT

Think about this a bit.

You DONT HAVE TO TAKE EVERY SIGNAL
If you already had 20 stocks in the system and buys keep being churned out---will the system break because you dont/cant take them?---Of course not. You are away 3 weeks come back and need to buy 5 more stocks as the sales have left you depleted---but wait you missed 10 while you were away---disaster---of course not!

Have you researched and formed your own opinions on these recommendations, and then followed up on the results of your opinions?

You dont have to nor should you its a system signal buy--clear and simple if its a sell you dont question that either from your own system.

No matter who or what you are following, it is folly to follow them blindly.

Absolutely not you MUST follow them blindly---its a buy signal the system will be proven correct or incorrect you have no opinion.
Your looking to replicate the returns of the system.
 
I've allocated $12,000 for my stock and will eventually hold 20 positions

Hi Ekwipt, from memory I think minimum captial to trade the growth portfolio is 25K.

25K is the minimum amount of capital to trade most of Nicks portfolios, best to drop Nick an e-mail.

Have you watched the webinar on the growth portfolio in the members area? It goes into detail of just about everthing you need to know about the GP
 
You do not buy a system them just pick and choose bits of it. What you are recommending is equivalent to going to the Doctors and getting antibiotics and deciding to skip every second dose!!

The system works due to the sum of ALL its parts not due to you second guessing it.

Do you know what system trading is and how it works? :confused:

Do you also go to the doctors and not want to know WHY you need this antibiotic?

I am not recommending picking bits and pieces, I am recommending understanding why it works (or why not sometimes).

+1

if you're running an automated system with positive expectancy why are you tinkering with it and having an unquantifiable asterisk for the 'thought of the day'...

dumb dumb dumb

Because humans are not automated. Humans are, by nature, curious. It may just be me, but I want to know the "Why it works component".

epwikt may not, and that is fine.

Can you back-test this?

Springhill, 'systems' refer to algorithmic programs that give you the buy and sell signals. This mechanical or systematic trading must be followed to the 'T' if the actual results are to replicate the test results.

And yes, it does work and more successful hedge funds than you would believe are probably running systematic portfolios.

CanOz

I am not saying it doesn't work, just encouraging exploration of thought.

Ill split this into a couple of bits.
But the answer is strictly related to Radges Growth Stratagy as a SYSTEM



Firstly they are NOT recommendations.They are buys as signalled by the system search.There is no emotion attached to them they will be proven to succeed or fail. They are a COMPONENT of the system.

BUT

Think about this a bit.

You DONT HAVE TO TAKE EVERY SIGNAL
If you already had 20 stocks in the system and buys keep being churned out---will the system break because you dont/cant take them?---Of course not. You are away 3 weeks come back and need to buy 5 more stocks as the sales have left you depleted---but wait you missed 10 while you were away---disaster---of course not!



You dont have to nor should you its a system signal buy--clear and simple if its a sell you dont question that either from your own system.



Absolutely not you MUST follow them blindly---its a buy signal the system will be proven correct or incorrect you have no opinion.
Your looking to replicate the returns of the system.

I have no problem with this, or any other replies to my comments.

I stand by what I have said, which is to promote understanding.
 
Hi Ekwipt, from memory I think minimum captial to trade the growth portfolio is 25K.

25K is the minimum amount of capital to trade most of Nicks portfolios, best to drop Nick an e-mail.

Have you watched the webinar on the growth portfolio in the members area? It goes into detail of just about everthing you need to know about the GP

There has to be a standard set of inputs and Id say $25k was it.
It doesnt mean that less capial wont work nor less stocks in the portfolio.
What it WILL DO is alter the inputs to the Algorithm and as such the results will also differ.

Nick can run simulations for exact $ capital and exact Proposed number of stocks held.
The results would then give you a blueprint of possible outcomes which you could then make a decision as to wether to trade it or not.

Now I cant speak for Radge its his method and his rules.
So as suggested by a few give him a call.
But now you have specific requests you could seek advice on.
 
Err yeah mate....... but once ya bought them and started taking them you would be an idiot to then fluff with the prescribed method.

Before you buy them.

You are obviously missing the point.

Once again, to be clear, not talking about messing with the system, talking about understanding it.
 
Before you buy them.

You are obviously missing the point.

Once again, to be clear, not talking about messing with the system, talking about understanding it.

This is important, you need to understand why your system has a positive expectancy. This is why i don't like black box systems....if you understand why its profitable then its much easier to trade too.

In regards to the right capital to trade with its important to have enough, otherwise the costs to trade the system outweigh the potential rewards.

For the OP, can you add capital from other sources each week? If so how much? Sometimes you may be able to start trading a system if you are going to be able to raise capital from salary or wages as you start to fill positions.

CanOz
 
This is important, you need to understand why your system has a positive expectancy. This is why i don't like black box systems....if you understand why its profitable then its much easier to trade too.

In regards to the right capital to trade with its important to have enough, otherwise the costs to trade the system outweigh the potential rewards.

For the OP, can you add capital from other sources each week? If so how much? Sometimes you may be able to start trading a system if you are going to be able to raise capital from salary or wages as you start to fill positions.

CanOz

Yes definitely can add capital, I should probably re-update my budget, have been getting a bit lax in the savings lately.

I've asked Nick a couple of questions via email, hopefully I'll get some answers. I'm pretty sure I'm going to raise my pool of money to $20, 000 and go from there.
 
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