Ed Mamula.com

Results since last update (4 weeks): 

Cable Glider — 1 win , 0 losses

Euro Ranger — 2 wins, 0 losses

S & P System — 1 win, 0 losses

The two currency trading systems had a perfect December.  This is the first month that I’ve ever gone without a losing trade.  The high volatility in the markets propelled the systems to a 20.7% gain for the month of December. 

I make it a habit to step away from trading over the Christmas and New Year’s holiday week.  I’ve been working on various systems for the S&P 500 index futures during that time, and I’m nearly ready to go live with an end-of-day system based on ideas I’ve read about over at MarketSci.  In fact, I ran a little test trade over the last week, which closed for a small gain.

2008 was a rough year for my trading systems;  I suffered a 45% loss for the year.  Who would have thought that a loss of that magnitude wouldn’t seem so bad, given what stock indexes all around the world returned in 2008…

Anyway, most of that loss was suffered during two horrendous weeks in January 2008 when I was still trading with a suicidal level of leverage.  Luckily, that suicidal leverage served me well on the upside in 2007, and it looks like that even after the drawdown for 2008, my original stake has increased by approximately 70% over the 2007 – 2008 time frame,  Even after all the crazy ups and downs, the model portfolio has returned over 125% since inception on October 1, 2008. 

Since August 22, 2008 , I have been trading at much more conservative level with two uncorrelated systems (Double Edge Sword), and I’m up 26.5% since that date.

For 2009, I’d love to keep the leverage per system low, and develop more systems for my arsenal.  That certainly seems preferable to relying on Cable Glider and Euro Ranger to keep on working forever and ever…

Good luck to all in 2009!

Results since last update (6 weeks): 

Cable Glider — 1 wins , 1 loss

Euro Ranger — 4 wins, 0 losses

The DESword systems are now showing an actual return of 18.4% since August 22, 2008. 

The volatility had been scaring the hell out of me, so I missed trades and invented new filters to keep myself out of the market during most of November.  I was lucky to eke out a 0.4% gain last month.  This week has been the best in more than a year….I didn’t override or miss any signals.

I guess that there’s not much more to say right now.  I’m glad to be up and I hope that it continues.