The financial year is over! How did you do?

[statmech71]

Haha: Youre brave!

Holding period about 8 days for winners and 4 days for losers. But can hold for up to 1 month.

 

[investtrader]

I have a trading partner with a background in sysadmin/server management who has helped automate all the systems. We trade our combined capital as well as our own separate accounts.

Mr. Black,
If you don't mind, what platforms/software/brokers did you use to automate. Are all your systems automated incl ASX shares? Surely someone watches over it all fulltime?
Thanks

 

[captain black]

what platforms/software/brokers did you use to automate.

We use the Interactive Brokers API for futures and shares. A few local brokers like Open Markets who have an API for shares only and the CGQ API through AMP futures for futures only.

My trading partner has a background in sysadmin and server management so has written some custom tools as well. I wouldn't have been able to automate everything without his knowledge and experience.

Are all your systems automated incl ASX shares?

Yes. We have some long term strategic holdings for dividends etc. that we manage on a discretionary basis but all our systems are automated.

Surely someone watches over it all fulltime?

At least one of us needs to have access to the internet while the systems are running. We can access our servers using our Android phones if need be. It's set up to send alerts if anything out of the ordinary happens and needs to be acted on.

 

[investtrader]

Thanks for the detailed reply. My son's a senior software engineer .. maybe I'll have to get him onto it!!

PS Forgot to ask .. so all written in AFL?

 

[captain black]

Thanks for the detailed reply. My son's a senior software engineer .. maybe I'll have to get him onto it!!

I considered myself a reasonably good coder but watching a professional and how they approach problem solving has been a real eye opener.

PS Forgot to ask .. so all written in AFL?

There's still some stuff that Amibroker AFL does (composite calculations for example) but we've been gradually moving everything over to Python. I still use Amibroker for visual stuff and the odd bit of discretionary futures trading. I figure I'd better keep up to date with Amibroker in case my mate decides he doesn't need me anymore

 

[investtrader]

Thanks. Do you use the composites for market timing?

 

[captain black]

Thanks. Do you use the composites for market timing?

Some for general market timing and some for sector analysis.

There's some more details in my share trading thread:

https://www.aussiestockforums.com/threads/captain-blacks-share-trading-thread.34791/

 

[barney]

Well done to all who've had a good year …. and for those that have struggled, keep on plugging!

I live in Spec land so some years are great where you eat scotch fillet …
and drink a lot of bourbon

Then some years are not so great where you eat lots of baked beans …
and drink a lot of bourbon

Lets just say baked beans were frequently on the menu this year.

My collective last 5 years however, compared to the preceding 5 years, have been pretty OK so no complaints

Next year I intend to be filthy rich ….. just like I've done every other year

 

[Zaxon]

Well done to all who've had a good year …. and for those that have struggled, keep on plugging!

Very much! We need to hear from a range of people, not just those who did well, so that readers see that both good & poor results are a normal part of investing.

I live in Spec land so some years are great where you eat scotch fillet …

Spec shares are great. Just choose the ones that go up

Lets just say baked beans were frequently on the menu this year.

If you do better this year, you might get some toast to go with them.

Next year I intend to be filthy rich ….. just like I've done every other year

lol. Me too. Although I'm already slightly down this year so far.

 

[captain black]

Great thread @Zaxon and thanks to everyone who has contributed. There's quite a diverse range of trading and investment styles across ASF and it's been interesting to read all the different approaches and returns over the last 12 months.

Wishing good returns for everyone over the next 12 months

 

[barney]

Spec shares are great. Just choose the ones that go up

Damn … I knew there was something I was doing wrong