Trendfinder Trading Systems

The performance of the intraday systems has eroded to the point I will likely be revising them. I have not made any revisions in over two years. This is because, although conditions have been poor (low volatility) the systems were still working (even losing systems can be within expected performance). I also thought volatility would be picking up with the Fed tapering and Quantitative Easing coming to an end. But what has happened is that volatility has stayed very low and volume has dried up. With this combination it is very difficult to be profitable with intraday trading.

With the FOMC meeting next week there will be few, if any, intraday trades the rest of the month. I will use this time to make adjustments going forward. Most likely there will be much less intraday trading activity (systems will be more conservative) when volatility (measured by VIX) is low.