Very Late November Update
Made lots of updates etc regarding the drawdown on UEI in November so won't repeat it here! I am however determined to post in good times and bad.
10 trades on underlying personal account: 6 winners -10.18%. UEI darwin -10.33%.
Clearly not a nice experience, but it was only a matter of time.
The drawdown was due to two trades on sterling which hit full stop loss twice in a row. The reasons were the intense politics around Brexit meaning the weekend gap and snap back/bounce was unusually severe at a time of low liquidity.
Since, stops have been tightened on the sterling pair, all positions are now closed over the weekend and trading is suspended until London open on Mondays.
The main thing now is to take heart from the longer term performance and I believe the above measures will mean a return to that.
36 trades, 20 winners (56%) -8.87% on personal account, -8.56% on Darwin GRF.
Towards the end of November the 8 strategies which were being tested were completely pared back to just 1 which showed long term consistency.
I also started live trading the H4 trend following strategy I designed, developed and refined then forward and back tested. This is running on Gold, EUR/JPY, GBP/JPY, USD/JPY and WTI/USD. I may also add EUR/AUD.
12 year backtests posted below.
Looking forward to a better December and drawing a line under this month!
Asset: Natural Gas