Agenda:
8:30 – 9:00: Meet and greet with tea & coffee
9:00 - 9:30: Introduction; A review of the world markets and ASX sectors
9:30 - 11:45:
1) "The Adaptive Asymmetric Hedge: Capturing Trends While Preserving Capital," by Jim Harris
A systematic trading strategy adapted from oil trading industry practices and applied to leveraged equity positions.
The core concept involves starting with a balanced 50:50 long/short structure using matched leverage and stop distances, allowing the market to reveal its direction over 2-4 weeks, then dynamically shifting capital (50-150%) into the winning leg once a statistically significant move (typically 15-20%) confirms the trend.
Using real ASX examples like Super Retail Group (SUL), I'll demonstrate how this approach captures 70-80% of trend upside while preserving 50-60% of capital during adverse moves—superior to both pure directional trading and traditional static hedging.
The presentation covers the mathematics of position sizing, volatility-based parameter selection, risk management protocols, and practical implementation across MINIs, CFDs, and options. It's designed for experienced directional traders seeking to improve capital efficiency and reduce drawdown risk on multi-month positions.
Jim is a member of the Brisbane chapter.
2) About Volume:
- The first video presentation is based on Richard Wyckoff’s trading methods by looking at how volume fits into the 4 rules to “ride the trend wave”.
- The second video presentation is a brief, but a very good, analysis of how to interpret the various stages of volume: this concept is worth committing to memory.
11:45: Meeting close.
Meeting Location: 49 Gladstone Road, Highgate Hill, corner Morris Street (The Lithuanian Cultural Association).
- Free street parking is available on Gladstone Rd, Morris St and Julia St.
- The No.196 bus from the Adelaide Street, CBD stops right in front of the venue on Gladstone Rd.
- The venue is an 15 minute walk from the South Bank bus and train stations.
Further Information: Tim Young - Chapter President – 0414873003.
Future meetings: held on the second Saturday of the month.