time for another monthly performance update for SCQ.
SCQ started with a pretty severe DD into the month of November which caused it to fall from +50,15% down to +26,78 (eben though Darwinex calculate it as - 15.56%) but ending up the month on a positive note (+38.5%), managing to reduce the DD down to - 7%ish. Looking at the underlying strategy I am pretty ok what I see there (+24% by 7.8% DD). Obviously not helping those investors who entered at the top.
I have to state it again that trading an EA (or a portfolio of EAs) iat Darwinex must be seen like trading a good trend. Enter on a pullback, dont buy at the top and dont sell at the bottom. The latter is retail trader behaviour. We want to move away from that.
Mean reversion systems were contributing nicely this to this month performance but were not able to cover fully for the losses it had from trading EURUSD on the breakouts/momentum moves as there were not much follow through. Looking forward to coming months.
No additions this months, just putting my profits into SCQ.
@ignacio maybe you can expand on this a little. My score for loss aversion fell from the cliff even though the EAs have honered their stops 100%. It seems this score is also highly correlated to the performance overall. Is this correct? Also a question for the experienced trader inside here.
Have a great weekend