Discussion
Hi all,
Using this session to document down my trading journal with pyinvesting.
I select top 5 ETFs with weekly rebalancing.
The number is quite good with 14.9% expected annual return and maximum drawdown of 22%.
I always believe systematic trading is better and more stress free in long term basis.
Do share your view and your setup if you found better than this.
Sold all units yesterday and pocked 23% for about 2 months.
Why I sold all given that the performance is so good?
I have found a better strategy with better return and the similar risk/max drawdown.
Will share
Posting the strategy name for my journal keeping.
Hi Ivan,
Please guide how to calculate the rebalance (buy/sell) quantity based on the simulative tool?
After I key-in the portfolio size, I am unable to see the quantity.
The result goes back to double digit of 11% return as of 24 Nov.
Another week past. The result back to the start again.
Thanks Ivan for improving the forum section.
It's easy to find my thread and update the performance regularly.
The market decided to make the U-turn, the performance continue to slide further to 2.02% as of 23 Oct.
Time like this tested our psychology and we must always believe that the systematic strategy should outperform that impulse/irrationale trading/investing.
Do share your strategy/view and we could learn from each other.
Nice one! Thanks for the update and glad PyInvesting has been helpful for you in backtesting your investment strategy.
Status as of 21 Oct with 3.65% profit.
Received weekly rebalance email. Great that it's automatic.
Ivan, the buy quantity is 0, but why the weight is 0.5%. Small issue.
Understand the quantity is round up. Perhaps you could put into "ToDo" list to allow for fraction lot adjustment since Interactive broker allows for fraction lot, for example 0.01 unit.
An update as of 8 Oct.
Saw some profit (3.3%) from the market rebounce.
Hi KK,
If the price goes up significantly and causes the weight of the ETF to be more than 20% above its target weight, you will get an order to sell some of your ARKG and buy some of your other ETFs such as ARKW to rebalance the portfolio back to its target weight of 20% per stock.
Thanks,
Ivan
Hi Ivan,
Thanks for the great tool.
From the screenshot, the price of ARKG went up, resulting the proportion of this stock is more than 20% (as compared to original intention of 20%, equal weight).
What should I do next week to rebalance it to equal weight of each stock to be 20% assuming the price stay the same. Your view?
Position for 1st week:
Let's see how it goes.