- See more at: http://blogtimenow.com/blogging/automatically-redirect-blogger-blog-another-blog-website/#sthash.4OBM2jok.dpuf System Trading Now: FKLI Performance Summary: May13 contract

May 31, 2013

FKLI Performance Summary: May13 contract

A volatile month for Malaysia equity market. Fortunately, system managed to take advantage of market condition and make a profit. System did 12 trades, including pre-election a short, which turned out to be a big loser. Anyhow, 9/12 is the win lose ratio. Below are the results:-


13 comments :

  1. i short b4 election and still haven't cut loss now. alrdy roll to jun. i think market will come down now, look at fri dow jones also tumble like sh1t. looks like not cutting loss this time is the right decision.

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  2. Johnson, thanks for the sharing. Wish you good luck.

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  3. Hey dude, is that result similar to the back tested results for year 2010 and 2011 ? Coz I find that your trading result is amazing for a system trader. I'm wondering if this year is coincidentally more suitable for your short term system.

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  4. hey dude, i find that your result is amazing for a system trader.. just wondering if this year's result is similar to the one tested for year 2010 and 2011 ?
    keep it up !

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  5. Thanks Zac.

    If compare in terms of return on capital, for period from Jan-May, the results are not different by much for year 2010-2013. I would say system is performing normal so far this year.

    How's your trading so far this year?

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  6. this year is not good but i still have 6 more months to go. i'm optimistic :)

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  7. Only 5 months passed, still another 7 months to go.

    Just to share. I remember in 2011, one of my trend following programs. I lost 50% in the first 7 months. I was prepared to surrender if "circuit breaker" trigger me to stop trading. So I continued trading the system. It didn't let me down, I made a comeback since Aug that year and ended up with 17% profit at the end of the year for that particular system.

    Cheers.

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  8. that was impressive. what is your maximum drawdown allowed? 60% ?
    and if you don't mind ,based on your back tested results, which type of system generates a higher return? Trend following or your current short term style?

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  9. Dear Zac,

    Impressive? Not at all, many friends did managed to beat my results in terms of % profit that year.

    Maximum drawdown is 70%, based of daily settlement price.

    I cannot conclude whether short term or long term trend following generate higher return, nor I prefer one over another. I still trade both now.

    I started as a Long Term player but annoyed by many extended drawdowns. Since 2011, I looked for ways to smooth my equity curve. I discovered a niche in Short Term Trading, then spent the rest of the year researched and developed systems that can complement my Long Term Systems. Started trading Short Term Systems with real $$ in 2012. I would say, so far, it works.

    Do you system trade or discretionary, long term or short term?

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  10. you mentioned max drawdown is 70% but you were ready to surrender when drawdown only 50%. Still another 20%, still can tahan quite long, rite?
    risking 50% to make only 17% is not good in terms of risk/reward.
    i guess your short term trading is better, based on this year results.



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  11. Dear Kevin,
    Yes, maximum allowable drawdown is 70%. But system has other criteria/rules that will trigger account to stop trading.
    Indeed not a good risk/reward ratio.
    Solely based on 2013, yes.
    Thanks for comment.
    Tell us about your trading this year, if you don't mind.

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  12. I trade mostly cpo intraday, not dare to hold overnight. still learning and paying a lot of tuition fees to the market. hopefully can learn from you. can i email you because got something abt trading need to ask you?

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  13. Yes, u may email me, Kevin.

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