Weekly Results – week ending 1/18/19
Daytrade systems overall had a profit for the week. The swing systems had a loss.
It’s pretty unbelievable how poorly the swing systems have done over the past 12 months. I will be closing or replacing all of them. I have tested using volatility to adjust the parameters in each swing system, and the results greatly reduced drawdowns. In case you were wondering, I have yet to find a trend/momentum system (something other than mean-reversion) that works for stock index futures. Therefore, for the Index Trader portfolios I will be adjusting the swing systems to still be mean-reversion in nature, but be more conservative to reduce drawdowns.
If you are trading one of these portfolios, please know that you can ask your broker to not trade specific systems if you desire. I do not have this power. The choice to trade each system is yours. The intraday systems have been doing very well, and to control risk, you could instruct your broker to only trade the intraday systems.
