Hey Rob, Do you have an automated or semi-automated method of checking if IB has added new futures markets that we can trade? Thanks.
Yet It's fascinating to me how after all of these differences the systems end up being quite correlated. E.g. today, I bet all the people here had a drop in P&L, mine is about -3%
Down about 2.2%, which is relatively good from what I'm seeing out there. Some comps I check intraday if things are moving: 40in20out -1.06% DBMF -4.49% CTA - 1.66% KMLM -5.07%
The impressive things about today's results are: 1. Average signal strength for my static portfolio turned positive. First time since recording. 2. Sum of absolute values of signal strength (similar to TTU trend barometer) for the same portfolio is at the lowest level since recording (a couple of months). I'm now at a position level not seen since the March / April market shenanigans. KH
You are certainly the outlier today Rob. Here's what I see among our competitors: 40in20out -1.07% DBMF -3.90% CTA -1.69% KMLM -5.18% EQCHX -3.05% (this is Jerry Parker's Chesapeake MF) MFTFX -4.99% (this fund is "advised" by Dunn) I was down about 2.3%, which I consider good all things considered. I noticed in your (Rob's) reports that you had no positions in the Yen or Bonds/STIRs. That's where most of my losses came from, so either your system was smart/lucky not to have positions there or you got lucky with your DO's trade decisions.
Hope you guys don’t mind the question, but what stops you from investing your trend following allocation in a few of these funds rather than doing the work yourself? Is it primarily to save the fees or do you expect to outperform? Just curious, as I’m looking to add a trend following sleeve and find the lazy route tempting.