December is over and so is the 2017 : it's time to draw a line and take a balance for this week/month/quarter/semester/year about GTD .
- During the Week a +0.50%.
This week the Darwin came out from a phase of DD, spread widely on several components of the Portfolio. I have to consider that actually i'm exposed during this Weekend. BTW I've recovered a part of the loss for this month, I'm happy the same although my expectations were a bit much higher .
DECEMBER BALANCE 2017
- December replication for my Darwin is now at -3.18%.
This December saw a lot of things, I consider this month not the best for different components of my strategy. I have to say that almost every components took some loss, some of them very unexpected , other ones pretty normal considering the general behavior of the single strategy during all the year. BTW nothing of exceptional for a %s P.O.V. but I would have been happier if it had not ruined my average percentages of this year. Full activity for all the components, no planned vacations also for other days. Actually I have two open trades left for this Week End, we'll see later their evolution.
FOURTH QUARTER 2017
- It's positive of +0.30% .
Fourth quarter of 2017 is for me Flat even if positive for a little. Last three months were very hard to endure, I would have been happy even to see only three green quarters out of 4 for this 2017, this small percentage makes me smile a little, but it state a positivity and it's OK .
SECOND SEMESTER 2017
I consider a positive semester one of the First Goal for a System. This result it's not achieved in a best phase for some of my components, I look also at the distribution of the DD during these months and even if i did not have a large return, losses were contained. Beyond the positive divergence I had, I'm working a bit more on my Capacity, this is now visible and during the Next year I will define the situation better with more evaluations and if necessary I will make some little changes.
GENERAL THOUGHTS ABOUT 2017
- For this year a +23.58% as final replication of the Darwin GTD.
During the year markets were changing more and more with such easy and different intensity, amplitude. Nothing that has not already happened in the past, but it has guaranteed problems for different types of systems/techniques. Diversification for type of trading it's still the key for me, and despite some problems during certain months like the last we have faced of this year, where different techniques took some losses, the system was pretty stable in several conditions. Despite no larger return, I'm happy the same because I have to consider the picture in all and I look also the distribution of losses during the two semesters: first semester saw a DD around 7%, and second semester a DD around 4.5%.
During the year some pairs faced problems for Elections Effects, Political Issues and other things which have led markets in some moments to have instability.
Particular moments of doubt during the first quarter and the last one for the Cable, with the creation of some grey areas which have amplified the performance of some components and destroyed some others. I have not modified my style during the year, but the absence of Trends on some pairs gave my long term components a lot of problems. Sometimes they were inactive, other times they did not have a desired closure, sometimes due to amplitude of movements that was very poor, in other conditions there was too much slowness or too much speed.
In my opinion 2017 will not be remembered for healthy trends, but I know, it's just my opinion and so it must be.
I want to thanks Darwinex Team for the patience with me during the year, the Interview and all the Investors for this 2017, in particular way for the trust to the ones who covered all this time.
Have a nice end for this year, hoping together for a better 2018 .