QUANT SYSTEM TRADE UPDATE - 09.10.23

From the desk of Capt.D.Ganesh Raja

DISCLAIMER

Please be informed that the author of this blog by Capt Ganesh Raja Dhanuskodi (Hereinafter called Capt Ganesh) is not a SEBI registered Research Analyst or Financial Advisor. Capt Ganesh writes this blog to express his views based of more than two decades of experience in capital markets and based on the Quant system which he has invented and he does not do this for “consideration” as per SEBI regulations, which means he does not receive economic benefit through it. Readers of this blog must seek advice from registered Investment Advisors / Research Analysts before taking any trading or investment decisions.

Capt Ganesh has been investing and trading actively since 2001, building trading models since 2013 and has invented an AI based intraday trading system, which has a pending patent approval.

Dear Friends,

The Israel- Palestine conflict started with serious loss of life and again adding to the unrest in middle-east region. India had played a pivotal role in bringing together parties for the India-Middle East-Europe Economic Corridor (IMEC) during G-20 summit and suddenly this conflict has started . So who stands to benefit by the failure of this and will participating nations think for themselves or go back to their old ways of never ending conflict? Simple as the question may seem but matter is far too complex for an ready answer.

World markets have been in a corrective phase, where Nasdaq Composite has given up some gains and Dow & DJ world index, where a new trend was seeming to emerge, has not materialized. There has been no system exit yet and if at all might happen this week.

Indian markets have also not given an system exit as of now. Only concern now is the sharp fall in 10 year GS index, which is a leading indicator but there has been no spike in VIX and placed at comfortable levels.

Due to strength in dollar Gold has greatly weakened but I have already updated in my past blogs that Gold would be in a corrective phase, so need to hold it patiently. The increased exposure has been substantially pared down as per system trigger.

This post was just to brief you all that I am watching the system, but due to a grueling schedule I am unable to post detailed articles. The returns generated as of date stands at 99.04% with a leverage of 2.95 and due to recent correction, has given up 7.61% of the gains.

There are too may world events which are dominating headlines, so this would be a good test for the system robustness and also to test drawdowns.

The system triggers and Mock Portfolio remain unchanged for now. Will update if any changes.

Thanks.

MOCK PORTFOLIO.pdf

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