Moomin Valley

Private equity funds like to report the returns on their investment using the internal rate of return metric. The IRR is the discount rate ...

Another hedge fund IPO in the coming month. This one is also managed by Commonwealth Securities and so I could participate via the broker f...

Here are my taxes for another year: A lot of items are down on last year. Foreign source income and unfranked distributions are up becaus...

I was rejected for the two jobs I recent applied for. One in Australia after interview and one in the UK pre-interview. So, it looks like we...

This is an interesting interview. About half way through he makes a deep point that if you use an oscillator type indicator and sell it whe...

Every couple of years the Australian Bureau of Statistics surveys the distribution of household wealth in Australia. The most recent data is...

If you follow this advice from Ramit Sethi , you won't have any money to buy a house or start a business, unless you have a lot left ove...

Mercantile (MVT.AX) released a bidder statement for Yellow Brick Road (YBR.AX) which provides no justification whatsoever for the 9 cent per...

The Australian Dollar fell from USD 0.7432 to USD 0.7201. The MSCI World Inde x rose 0.83% and the S&P 500 rose 3.26%. The ASX 200 rose...

Yellow Brick Road (YBR.AX) is an Australian mortgage broker and financial planning company. Mercantile Investment Company (MVT.AX), who...

Yesterday, based on looking at the candlestick patterns and Oscar Carboni's caution about a possible "holiday reversal" , I...

The model passed the test . We are now back to a positive return from trading for the month.

Following up on this post , I took the next long signal from the model, which was yesterday. I got in at NQ=7418.75, which was almost the l...

NetWorthIQ seems to have died. So, following up on EnoughWealth's blogpost , I have opened an account with NetWorthShare . It's surp...

I did some tinkering with the model to avoid the kind of false buy signal that resulted in the stop out last week . I applied Hodrick-Presco...

My long position was stopped out on Wednesday. Now back to more or less zero profit on this account - still have a positive overall result f...

The downside didn't last long... Model switches back to long this morning. The short trade lost the model 0.4%. Due to bad timing - clos...

The down day on Friday in response the Turkish crisis switched the model to short going forward. Based on the 3 hour stochastics, there coul...

The model state is almost identical with that on 10 January this year. That's presumably pretty bullish for the next week or so... Of co...

So, I backtested for all of 2017 using the latest model rules. The model makes money for the year, but there are several losing months, and ...

To try something different I tried a soybean daytrade. Made $107 in 17 minutes, so not bad :) But I only got the beginning of a much big...

The graph shows the average true range (ATR) divided by the closing NQ futures price for all 14 day periods in 2018 so far and the averag...

The market came with 4 points of stopping out the long position but then took off to the upside as soon as the New York market opened. Gain...

This month was the fourth month of the futures trading experiment. The first month was the model development phase, while May and June were...

Closed short and opened long @ 7261.5. Stop is @ 7211. The model switched to long today but the signal is close to remaining short and the...

Finally we had some good downside on Friday with the NQ futures falling 126 points to 7299.75 – each point is $20 per contract. I had a stra...

I computed my average gain per NQ contract traded in 2006-2008 compared to in 2018. In 2006-08, on average I gained 0.46 points per contrac...

After seeing a big profit disappear again a few times, I think I am going to adopt a combination of strategic and tactical trades now that I...

There is a lot of incorrect information on the web about applying the Kelly criterion in the stockmarket. It is very different to applying ...

We phoned Interactive Brokers about the login problem. They have a system issue. They set up the account so it can accept a temporary securi...

As of Saturday morning I am not receiving the test messages from Interactive Brokers that I need to log into the account. I sent a text to m...

The model has switched to short as at the open of today's Globex session (8am Eastern Australian Time, 6pm New York Time). I went short ...

Well, in my mother's former account. Apparently the main (international) bank doesn't care that we the estate hasn't yet complet...

So, I put on my second trade of the month - long NQ - and was stopped out again, losing $1100 this time. The stop actually saved about $300 ...

The chart shows each short and long decision the model has made in the NASDAQ 100 index since the beginning of the year. The letter S or ...

I had read back in April about BlueSky's battle with activist hedge fund Glaucus . As a result, the share price of the management com...

One of the main ideas in traditional momentum trading wisdom is that as volatility increases your position size should decrease. This is one...

I have been reading the Complete Turtle Trader , trying to get some inspiration. Back in the early 1980s, futures trader Richard Dennis h...

It turns out that the NASDAQ 100 Index gives better trading signals than the NQ futures prices themselves do. I think the reason for this is...

I didn't trade while I was in Japan because my mobile phone wasn't receiving the text messages I needed to log in to my trading acco...

This month was the third month of the futures trading experiment. The first month was the model development phase, while last month was abo...

So far it looks like the "old" more systematic model won today. US stocks are down. I'm not trading as I was flying to Japan a...

I'm not happy with this model rule that I added on 27th April. It's not very systematic. So, I dropped it, while keeping rules adde...

This report seems bullish for the price of gold over the next 30 years. Continued growth in India and limited gold discoveries recently see...

Mercantile Capital (MVT.AX) has made an offer to take over IPE.AX at AUD 0.0775 per share. I've discussed Mercantile's interest in I...

I still have some capital losses left over from the financial crisis. I will probably use them up for this tax year ending 30 June. After th...

Another very active month financially. The Australian stock market rebounded quite strongly but then turned over as other markets did. This...