--- In [email protected], "Ken Close" <[EMAIL PROTECTED]> wrote:
> My question is: are you making money in the current volatile economic > climate and if so how? How has the turmoil in your local > economy/exchange/country influenced how you trade and what your more recent > performance is? What are you doing or do you think you will doing in the > next days and weeks (as it changes so frequently, who knows what months will > bring)? I guess I'll chime in although maybe this is a boring answer. :) My system is a medium term long only system. By the end of August, I was 50% in cash and by the end of September I was 100% in cash which is still where I am today. Given the charts, I think I will probably be in cash for quite a while longer. Performance hasn't been good as I've experienced a large drawdown of over 30% which has taken me into the red for the year. I guess the good news is that I'm outperforming my benchmark index. :/ In the meantime, I have been working on a trend following system that trades leveraged ETFs. Results have been decent in testing but I need more time to "get a feel" for the system. Plus after this good run (if you are playing the short trend), I fear starting to trade the system and experiencing the whipsaw that may follow. Tuzo
