The Billion Dollar Club

[OnTrial]

Hi Jack,

All stocks, entry & exit prices will be fully disclosed in advance.

However, I still consider everything as simulation since I might or might not take real positions in any of the stocks. In other words, the P&L is based on real market prices, but not real market positions.

How long have you been using your strategy? I trust it has outperformed the market consistently.

 

[Jack o'Clubs]

How long have you been using your strategy? I trust it has outperformed the market consistently.

A few years, and yes, respectively.

But... my 'real' performance is a percentage point or so down on it's theoretical performance since it's fairly common not to get filled at the price at which I decide to pull the trigger, both on entry and exit. And this assumes some fairly deft working of the order through IB.

 

[the blades]

The volume for IFNY was only 54,000 on 7th June, so I can understand the liquidity problems. Did you mean 3.26 (or 3.36) NOT 3.6 because the range for IFNY on that day was 3.27-3.39.

I need to go back and check then. Maybe my record keeping needs a looking at!

the partial fill was real, either way.

UTB

 

[OnTrial]

A few years, and yes, respectively.

But... my 'real' performance is a percentage point or so down on it's theoretical performance since it's fairly common not to get filled at the price at which I decide to pull the trigger, both on entry and exit. And this assumes some fairly deft working of the order through IB.

That makes sense. I also expect real performance to be slightly lower than theoretical. But if I prove my case successfully, a couple of percentage points shouldn't make any difference to potential suitors .

 

[the blades]

The volume for IFNY was only 54,000 on 7th June, so I can understand the liquidity problems. Did you mean 3.26 (or 3.36) NOT 3.6 because the range for IFNY on that day was 3.27-3.39.

Okey Dokey.....just checked back through IB and confirmed my trade was 136 @ 3.27 (not 3.6) on "2007-06-07, 12:51:37"

oh dear - so much for record keeping. But the point remains....

Good luck,
UTB

 

[Jack o'Clubs]

That makes sense. I also expect real performance to be slightly lower than theoretical. But if I prove my case successfully, a couple of percentage points shouldn't make any difference to potential suitors .

fair enough - it's splitting hairs for this kind of strategy.

 

[OnTrial]

Okey Dokey.....just checked back through IB and confirmed my trade was 136 @ 3.27 (not 3.6) on "2007-06-07, 12:51:37"

oh dear - so much for record keeping. But the point remains....

Good luck,
UTB

Kewl... the fill problems make even more sense considering that 3.27 was the EXACT LOW of the day. Congrats, mate!!! Not easy to call the exact low :cheesy:.

 

[OnTrial]

Current Team

IBKR
Drtn: Long
Date: 05/11/07
Entry: 29.15
Stop: 26.23
Qty: 340
Cost: $9,910

CIEN
Drtn: Long
Date: 05/11/07
Entry:47.07
Stop: 44.24
Qty: 350
Cost: $16,474.50

Balance: $147,229.00 ($100,000 margin account)

 

[the blades]

Kewl... the fill problems make even more sense considering that 3.27 was the EXACT LOW of the day. Congrats, mate!!! Not easy to call the exact low :cheesy:.

funnily enough, that was a trade from a 3rd party system I was (unsuccessfully) trialling, so I can't claim credit!

In any case the trade subsequently tanked for a huge loss, so the partial fill worked in my favour this time.

I'll refrain from cluttering your thread so much from here on.

Cheers,
UTB

 

[OnTrial]

Your contributions and those of others will always be welcome, UTB.

 

[OnTrial]

Tuesday 06/11/07

Squad List

Stock Bias Entry Price (Stop-Limit)
FWLT Long 145.31-145.34
ZRAN Long 24.83-24.84
MOS Long 70.02-70.04
MON Long 94.36-94.39
GS Long 225.13-225.17
CPWR Long 9.91-9.92

 

[OnTrial]

Transcription Error

Post #31 should have read:
MOS Long 69.02-69.04

and not:
MOS Long 70.02-70.04

 

[OnTrial]

Current Team

Current Team

CIEN
Drtn: Long
Entry:47.07
Date: 05/11/07
Stop: 44.24
Qty: 350
Cost: $16,474.50

MOS
Drtn: Long
Entry:69.04
Date: 06/11/07
Stop: 65.58
Qty: 280
Cost: $19,329.47

MON
Drtn: Long
Entry:94.38
Date: 06/11/07
Stop: 89.66
Qty: 210
Cost: $19,820.46

 

[OnTrial]

Ex Players

IBKR
Drtn: Long
Entry: 29.15
Date: 05/11/07
Stop: 26.23
Qty: 340
Exit: 28.99
Date: 06/11/07
Return: -0.55%

 

[OnTrial]

The Bench

I am going to introduce the concept of a bench (of substitute players). This will comprise stocks from the squad that otherwise qualify for selection but do not meet the liquidity requirement earlier stated. I will also include stocks whose performance I want to observe, but do not want to include in the team. Stocks under observation will be highlighted.

Individual performance of players on the bench will be reported, but will not contribute to the P&L Account.

 

[OnTrial]

Current Bench

The two players (stocks) below were included in Monday's squad. Though they were omitted from Tuesday's squad for liquidity reasons, they have qualified to sit on the bench .

TX
Drtn: Long
Entry: 36.22
Date: 06/11/07
Stop: 34.40

KLBAY
Drtn: Long
Entry: 41.10
Date: 06/11/07
Stop: 39.04

 

[OnTrial]

Wednesday 11/07/07

Squad List

Stock Bias Entry Price (Stop-Limit)
TTM Long 18.37-18.38
MSFT Long 36.70-36.72
GS Long 224.29-224.34
MTG Short 18.94-18.93
LCAV Short 17.39-17.38
ERIC Short 29.94-29.93
**FWLT Long 141.40-141.43
**NOVL Long 7.42-7.43
**SAY Long 28.43-28.44
**EK Long 25.78-25.79

*Will sit on bench if entry is triggered - liquidity.
**Will sit on bench if entry is triggered - observation.

 

[OnTrial]

Current Team

CIEN
Drtn: Long
Entry: 47.07
Date: 05/11/07
Stop: 44.24
Qty: 350
Cost: $16,474.50

MOS
Drtn: Long
Entry: 69.04
Date: 06/11/07
Stop: 65.58
Qty: 280
Cost: $19,329.47

MON
Drtn: Long
Entry: 94.38
Date: 06/11/07
Stop: 89.66
Qty: 210
Cost: $19,820.46

ERIC
Drtn: Short
Entry: 29.93
Date: 07/11/07
Stop: 31.43
Qty: 300
Cost: $8,980.213

 

[OnTrial]

Current Bench

TX
Drtn: Long
Entry: 36.22
Date: 06/11/07
Stop: 34.40

 

[OnTrial]

Ex Benchers

KLBAY
Drtn: Long
Entry: 41.10
Date: 06/11/07
Stop: 39.04
Exit: 41.00
Date: 07/11/07
Return: -0.25%