Universal Trend Trading

Sold DJIA again @ 11780

Account Value 366k

 

Closed DJIA with loss -1230
I've made some improvements to the system to help with chopping markets. Historical profit factor jumped from 2.6 to 3.1. Should help a lot.

Account Value 332k

 

Closed NASDAQ with loss -548
Account Value 329k

 

Closed SP500 with loss -2774

Account Value 311k
I think it's a new low for this journal.

 

A few trades made during Christmas break.
Closed FTSE100 with loss -1487
Sold eurusd @ 1.29391

Account Value 320k

 

Closed audusd with loss about -1500k

Account Value 337k

 

Sold eurgbp @ 0.82865

Account Value 337k

 

Sold AudUsd @ 1.0308
Account Value 353k

 

Sold corn @ 611.63

Account Value 359k

 

I did some more testing to my system, including 2011. It wasn't a very good year for trend following. It turns out maximum drawdown was -62%. Only three times in history (40 years) drawdown was bigger:
- 1980 / 07 -74%, profit next year +280%
- 1992 / 06 -64%, profit next year +71%
- 2005 / 08 -74%, profit next year +119%

It seems like it's a good idea to stick with the system.

Account Value 371k