We are at the mid-year point so it is time for an update.
AZG is at 14% so far this year. I guess I shouldn’t grumble much about this, taking into account the unfortunate January drawdown and the overall state of volatility but unhappy that we haven’t crossed the 20% threshold in H1 of the year as I’d normally expect.
I am sure the few investors that took advantage of the drawdown are happier than I am though!
That drawdown is a sad one because the flash crash was actually initially in favour of the darwin but the ensuing environment after the move was too toxic. As usual, lessons were learnt. A double digit losing month is something we don’t want to see again, especially when it wasn’t a direct hit from a big event that jumped stop loss or similar.
The journey to clear out the high printed by the spike took 5 months but we got there eventually. Pity we have slipped back under it though.
One major change to talk about going into H2 2019: no more open trades going into the weekend. Ideally, all trades will be closed 1 hour to market close for the week max. However, this may change if market conditions dictate so.
EX is still dragging of course due to the trading style but the D-score is coming along nicely. Now really curious to see what it will be when EX is full. Other main scores RS, RA, MC, LA and PF remain consistent.
Thanks to the investors trusting the darwin.
Now let’s see how the year ends. Still hoping to join the VERY few non-migrated darwins in the >2xx.xx group.
Got questions? The rest of my posts on this thread should cover most of the questions but I am always around in case anyone’s got anything else to ask.