tradersams blog

I run a couple of systems, noted here so my other posts make some sort of sense.

System A:  A long term trading system that looks for long term trends in the ASX200.   Currently reviews 200 trading days for constant(ish) growth, and looks to take a position from a week to a number of months looking for share price increase.  As you may guess, given the ASX over the last year, its a long time since this system signalled an entry.

System B: Not finalised.  Essentially a shorter term trend following system based on ‘System A’.   As ‘System A’ is written in C++, I am updating the code to remove a number of assumptions that I use in the share selection component to look for 3 month trends with other criteria similar, possibly extending outside of the ASX200.  Some more coding to do – then testing.   By the time I get there ‘System A’ may be running again… who knows.

So – System B has been redefined in March 2012 – see here

discretionary:  ok – not really system based.  Born out of the current world financial situation… what can I say.  When my systems generate nothing, I revert to bits that interest me – in this case, shorts and pattern recognition.  Almost all of my trades for the last 5 months have been discretionary – I get tips from a ‘heat map’ provided in real time by my broker, weekly volume increases, large candles and other signs I look for that tell me ‘there’s activity here’.  Chart patterns are a favorite.  Is it a cup n saucer I see formed in Fairfax today?

All systems have a money management component regarding stop setting and weighting by sector and as a whole of the portfolio.  These are not detailed as I do not want to be seen to be offering any financial advice.

I am not a financial adviser, and I am not offering advice – just a guy with an interest