I trade longer term mechanical trading systems exclusively on the ASX. I rarely look at daily charts and the systems are built using weekly timeframes. The information in this site is based on actual trades in real portfolios. I don't trade using margin or any sort of leverage. I mainly use Amibroker for system testing and trade monitoring. I am not selling anything. This is just a journal to record where I have been and, just maybe, where I am going.
Friday, March 02, 2007
SFH trade exit
This one was in my super fund. I exited last week for a 60% profit. The system could do with a little work since I think I found a minor bug in the position sizing approach whilst using Amibroker's Bar Replay feature.
I have 2 portfolios. I trade using a company and I also trade a SMSF with 4 members. In my company I have only made one transaction, the MBP sell below, this year. The super fund has been a little more active lately. I only report on my investment company performance on this blog.
I noticed the media beat-up on the recent "market crash". I have been a little busy lately. Since I have a weekly system don't even need to watch the markets mid week. I find that the best thing to do is not to watch the market more than I need to and ignore the media reports.
Stevo
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2 comments:
Hi stevo, thanks for the info on how you got started. It seeems I have a lot to learn yet, I don't even understand some of the things you mention here! Do you post your current buys here or are they all stocks from the past?
thanks hambone
hambone
I usually don't post trades in progress, only completed trades. For starters I don't want to be seen to be giving advice on a particluar stock.
If someone reads the blog and learns something that's great.
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