Hello everyone, after this drawdown and the worst month in the entire history of Darwin, we have closed an operation with a profit of approximately 15%, which translates into 5% in the Darwin, and we have indications to think that the drawdown has finished.
While one of our investors has decided to leave, we fully understand this decision, however I would like to comment on something that can be of help to everyone, both investors and traders:
What makes us winners in MDU is not the complexity of the system, we use very basic and chewed principles, but the base, which is the secret of success. Patience and confidence in the system, not changing the variables motivated by the panic of a drawdown, drawdown that can last a month as in this case, or even months.
The principles that all trading books deal with are what works, the basics, the simple.
The problem of the trading community in general is the same that occurs in all those communities where there are economic interests. I am a weightlifting fan myself, and we find the same situation: an infinite amount of variables that distract from the fundamental. In trading, there are thousands of indicators, in the gym, thousands of variations of exercises, however what generates hypertrophy is to focus on basic exercises and progress in them; What works is the boring road.
In the same way, a person can master a simple system of trend breaks, and if he stays ferrous in the moments of drawdown and changes absolutely nothing, then he will win. On the other hand we have people who using hundreds of colorful indicators and changing them at the slightest opportunity, do not understand why they lose.
In short, my advice is that you have to go from distractions and identify the boring and solid principles that work, which are usually the simplest.