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I invest in what I know and like, so my portfolio is heavy on biotech and technology. Both were hit very hard. A few risky biotech positions hit SL, so I lost it and don’t look back twice to those. But a few of the stocks that I want for the long term were on sale, so I grabbed some more
In fact, I was expecting a bigger and more abrupt correction, which did not realize. I believe that what we are assisting is just a normal correction, with a lot of taking profit happening and investors pulling some gains out of the market. This correction might have avoided a more serious crash in the near term… let’s see.
Even though I believe that this will be another positive year, it will probably be much less profitable than 2020. In March last year I grabbed so many stocks on sale that I could not believe in my eyes.
The balance of this week was negative, ended with losses between 6 and 8,9% in my strategies. I lost the C2Star certification in Save for Retirement LR, so I don’t have any more strategy C2Star certification.
I am curious to know what will be my revenue for the C2Star certification. According to my math it should be something around 1167USD. If that is correct, and including the 57.5 USD that I already received from subscriptions, I am only 112USD negative on my C2 investment.
I will not try to re-certify “Save for Retirement LR” because it is only a matter of time until it reaches the 5000USD drawdown. Regarding S4R Value and Growth I am still thinking about trying the re-certification. I think that maybe reducing the leverage will allow the strategy to survive when markets go deep in the red, but still manage to overperform SP500. Now I feel stupid for not having documented in an excel file all my trading. It would be easy now to understand how much I need to reduce the leverage to avoid a 10% drawdown, and if that reduction still achieves SP500 overperformance.
Finishing on a more positive note, my strategy is ranked now at #95!
If your strategies are labeled for retirement then you might want to flatten out your P/L swings. Investors are going to be more conservative if it is their retirement account. The Nasdaq had almost a 14% correction over the past few weeks. Your strategy shows a 20% drawdown. For a retirement account investors might not accept this. So you might want to consider relabeling your strategies or be more conservative with the trades. I would suck if all your hard work managing these doesn’t produce enough results. Good luck.
@NextLevelTrader Thanks for your comments, which I really appreciate.
Save For Retirement it’s really where I am putting all my savings for my retirement. For tax optimization I am also invested in ETFs and in real estate. The mindset for this account is that I don’t put there any money that I might need in the next 5 years. But in reality, I have at least 10 more years to my retirement, and if I only retire at legal age, it’s 21 more years!
The strategy that I use I will not change, because if it is working I will not try to fix it! But I can certainly change the strategy description and name (if allowed). I went back to the strategy description, and it seems to me that it’s a fair description of what I am doing. What do you think?
"This is where I put all my savings instead of using a savings account, buy ETFs or funds. In theory all the money in this account is money that I do not need in the next 3 to 5 years. I am not expecting to have huge returns in short periods of time. I am trading for the medium to long term and most of my stocks are bought with a time frame of 5 years, but probably I would hold on to them for life or until I need the money. This is a marathon, not a sprint!
I look for good companies, with solid value proposition and a unique advantage over competitors. And these are the majority of my holdings. From time to time I buy good companies that are at a discount and these can be easily identified because they have a profit target and stop loss.
I don’t use stop losses and I have some positions that are on the red for long periods of time. NOT ALL POSITIONS CAN BE WINNERS. But I only sell the long term holdings when something has changed, either in the company or the environment, and I don’t believe anymore that the company can outperform their competitors. Sometimes I also sell to raise funds to invest in a better opportunity. Because I have much more winners than losers and because a few winners have huge returns, my strategy is very profitable.
To follow my strategy please buy at least 10 of the stocks in my portfolio. Ideally you should add regularly positions to your portfolio, more or less of the same money value. Sometimes, instead of buying new companies I add to existing positions. Because I play for the long run the execution price is not very relevant."
I have noticed a promising sign for my strategy Save for Retirement.
Every week I get new users subscribing to my strategy, but every now and then I also get some that stop the simulation. With the passage of time, the tendency is that most of the subscribers that stay, are the ones with a green dot (subscribers that have paid before for a strategy).
So, my conclusion, is that I retain more serious investors and less cowboys And this might translate a few months down the road in live subscribers.
You might already be doing this, but maybe send a broadcast to subs and sims when there is a big drawdown. Emphasize if there isn’t any large realized losses since you hold long term.
Today I received my revenue report. It seems that I will receive 843,53 USD instead of 1167USD expected. It was a rough estimate from my side, because I don’t have a accurate way of measuring, but a difference of more than 300USD seems a bit on the high side.
In any case, I have reduced the loss in my C2 investment. At the moment I am 496USD in the red.
I have decided that I will not try to re-apply to C2Star certification. If in the future C2 designs a certification system more adapted to long-term investors I will have a go, probably with my 3 strategies. But with the current criteria is just a question of time until the criteria are violated, as it is proven by the C2Star strategies landscape, where you have 16 systems, with ages from 6 days to 6 months. The oldest C2Star strategies have 6, 4, 4, 3, 2 and 2 months. Then everything less is less than 35 days old.
With this decision C2 becomes much less stressful for me, given that I just need to copy&paste my trades and will not need to “tweak” the strategies in C2 trying to comply with C2Star criteria.
If you feel that you didn’t get the full amount it is likely that your C2Star strategies remained certified into the next calculation period. Be patient. The balance of anything else that you earned will be paid in the next cycle.
The fact that there are not “old” C2Star strategies does not mean that the criteria are impossibly difficult but rather that we, as trader leaders, are not performing optimally. It is true that the extra pressure of meeting all of the C2Star criteria can cause extra stress but that can sometimes be the nature of healthy, risk managed trading. It is in the best interest of the entire Collective2 community (both trade leaders and followers) to eventually have a diverse group of C2Star “old timers”.
Regardless, all the best success to you and your all of your systems.
I was trying to say that one needs to stand out. There are the usual ‘swing’, ‘buy and hold’, etc. things that have really big drawdowns. That stuff is unacceptable and just aren’t good. I read the reviews other people put up, several of them small fund managers. “Good performance is good promotion.”
EDIT: To elaborate, bigger players do not want big drawdowns. They’re not retailers who look for get rich quick schemes. Most strats are geared for that though. This leads to higher turnover. Retention is important. Even 1% DD is huge for these guys, and people swinging around with double digit DDs is something you want to stay far away from.
I would really appreciate if you do not post the picture of your strategy, to avoid any confusion with my strategies.
A strategy called “Holy Grail” flashes all alerts of being a scam, a martingale system or any other type of strategy that sooner or later will crash and burn taking with it all investors’ money.
My question was how to promote my strategy, which is almost a copy of my real life account. It was not how to create a strategy to make a quick buck out of C2.
If you are being serious when saying that in a few weeks your strategy will be #1, it shows a big ignorance and lack of experience. C2 rank strongly penalizes systems with less than 90 days, so before that period I think it’s impossible for you or anyone to reach #1.
Are you claiming that you will have less than 1% DD? Seriously? In your first week you made 7,4% return and you think you will be able to keep your DD below 1%?
As expected all strategies started to recover from the recent losses. With the 2 C2Star strategies the recovery was not as easy because in an attempt to not violate C2Star criteria I closed a lot of positions with significant losses. Meanwhile these positions have already bounced back up, but the 2 strategies did not benefit from those gains.
In Save for Retirement a few SL for short term trades were hit. But none of the long term positions were closed, so the strategy has fully benefited from the bounce up.
Your first week didn’t include a Monday (March 9) but your strategy started on a Saturday (March 6).
You don’t trade your own system, yet you have AUM of 122.443USD in a strategy with 4 days of history. That seems strange.
You can achieve great returns with less than 1% DD
You are probably the next George Soros. Please delete your posts on this thread and start your own thread. If you want to contribute by sharing insights on how to promote your strategy (in a honest and transparent way), how to improve communication with your subscribers or how to direct traders to a strategy in C2 your are welcome.
There are a few post in this thread with promotion of others’ strategies. I didn’t like but I haven’t asked the authors to remove their posts because they have contributed with other posts in this thread. But in your case you haven’t contributed with anything useful and I don’t want anyone thinking that I might be in some way linked to your strategy.
PS: You say that you don’t average down, right? So how can you explain these 2 trades?
You sold short 100 Tesla at 648,17 (12:45) and you bought to cover at 657,91 (13:02). The price went up a bit more and you doubled down selling 200 short at 668,52 (13:13) and bought to cover at 662,71 (14:20). You lost 976USD in the first trade and won 1158 in the second trade.
I wasn’t able to trade then, because they had to wait and verify.
It isn’t strange. I’ve got a decent following on other sites from my trading prowess and technical posts. If anything, I’m surprised it’s this low- but we’ll see as time goes.
On TSLA, this is what is known as a stacked level; generating multiple trades. I missed the initial entry which is why I went smaller on the first one. I talked about this elsewhere on a trading forum. I went to what was closer to my default size on the next one. You can see from my other trades that I often go all in with margin on each trade. This was not doubling down but rather, a disparate trade.
I’ll delete my comments as per your request. Good luck.
1% drawdown is not big. I would love to find a few programs with long track records, a sharpe > .7, max DD less than 25% yearly at 1X leverage, and uncorrelated from each other. And which hold no BTC. What gives you the idea that investors expect that they can ever find strategies with only small drawdowns?
Joaquim,
I an new here. If you are truly running a long-only, long-term investing program, why don’t you give us some color on how your style is similar or different to those that are well-known. What sectors or styles are very correlated to your program? The site gives us correlation vs the S&P but that is not the whole story. If you are highly correlated to QQQ or something else, I might not want to add more exposure to “vanilla” long-only strategies in a market that is already so high. It might take years and more than one boom and bust cycle for a long-only manager to gain investor’s trust at a time in history when indexing alone would have generated such amazing returns at low cost.
My main strategy is long term and I buy and hold, or add a little more on the way up, or in a deep. The big bulk of my positions are on technology or health, but I do a conscient effort to balance my portfolio with other sectors. I am a Pharmacist and work in Pharma industry for more years than I like to admit and I have a big passion for technology. And I believe that’s one of the reasons of my success. I invest in what I know and what I like.
Another part of my strategy, which is not applied to S4R Value and Growth, but only to the other 2 strategies is when I buy a good company which is undervalued by the market. Many times this is due to an overreaction to a negative news. In these cases I always setup a Stop Loss and a Take Profit price.
The other big reason for my success is the experience that I have which gives me confidence to not panic sell or play some dumb move in times of stress (as I done many times when I started trading). I was too young to be in the market during the .com era, but I have seen many friends of my parents loosing a lot of money in the market. That’s why I never invest borrowed money or money that I cannot afford to lose. The few times that I invest leveraged is in leveraged ETFs, with SL in place to avoid a catastrophe. When I learnt not to panic sell, which is easier said than done when you are talking about your hard earned money, I started to buy on the dips. And that’s when I started to make the big money. March last year was probably the biggest moment in my trading life, because when everybody was running out of the store, I grabbed all the money I could and started buying stocks on serious sale. I bought SIG at 6,70 and then again at 7,80 and sold it at 40USD! Now it’s at 59USD, but because I don’t understand this industry as I do tech or biopharma, I wasn’t able to ride the wave until the end and jumped at the TP price set when I made my first purchase.
In these 2 post you can have a pretty good idea of how do I invest:
No disrespect but the title of your thread is “How to promote your strategy?”,
not “JoaquimFonseca’s C2 systems” or “Here are the updates about my C2 systems”.
"How to promote your strategy?"is a good question (who doesn’t want a few tips on how to promote his/her strategy?), but unfortunately you are simply using it as a self promotional tool.
Nothing wrong about promoting a C2 system on this forum (assuming you open the appropriate thread), but there is no need to hijack/spam an otherwise perfectly legitimate thread/subject to do so, even if you are the original poster.
It was a rough estimate from my side, because I don’t have a accurate way of measuring, but a difference of more than 300USD seems a bit on the high side.
and I have a big passion for technology. And I believe that’s one of the reasons of my success. I invest in what I know and what I like.