Trendfinder Trading Systems

The Good, the Bad and the Ugly.  The Good: the intraday systems had another very profitable week.  The Bad: the swing systems exited about half of their positions with big losses.  The Ugly: the swing systems still have more positions to close.  I will probably be closing out MeanSwing since its stops allowed more risk to be taken than was intended, and will probably be releasing a new version with better money management.

In my opinion, this is a good time to trade the intraday systems.  They love high volatility.

The intraday systems wisely did not have any trades today.  The MeanSwing systems exited some of their trades.  They got caught on the wrong side of the recent record breaking move down.

Every intraday system went long today and had nice gains.

It was a choppy day, and Trendfinder’s emini trading systems did not have any trades.

For those of you standing aside, my opinion is that the next few months should have good results for the intraday systems. This is because of the high volatility in the market, where these systems typically thrive. So, if you are waiting for a time to start trading again, my opinion is that the time is now. I do not recommend waiting until there are 2-3 months of good results – this will result, again per my opinion, in missing the best time to trade, and have you starting at a less than optimum time.

Trendfinder’s emini trading systems did not have any trades today due to the FOMC Meeting Announcement occurring today.

NOTE: For those of you standing aside, my opinion is that the next few months should have good results for the intraday systems. This is because of the high volatility in the market, where these systems typically thrive. So, if you are waiting for a time to start trading again, my opinion is that the time is now. I do not recommend waiting until there are 2-3 months of good results – this will result, again per my opinion, in missing the best time to trade, and have you starting at a less than optimum time.

Trendfinder’s emini trading systems did not have any trades today.

It was an historic week.  These intraday systems thrived in the volatility.

Note, the MeanSwing systems do not show results below because no trades were closed.  They got caught on the wrong side of the historic move down and are in long trades with large losses so far.  They will either exit on a bounce next week or get stopped out.

3 systems went short this morning.  2 of them exited with profit before the market reversed up, and the other did not and was stopped out.

Every system caught a piece of the big move down today and had large profits.  Jaguar was stopped out of its first short trade, but it later entered short again and more than made up for the earlier loss.