Ed Mamula.com

I need to make a couple of corrections to the last entry.  Two weeks ago, Darth Fader did take a long trade in the ES which closed for a tiny loss.  I also noticed something weird when I was updating my results spreadsheets.  It looks like the Euro Ranger should have entered a long trade last Sunday night that closed with a loss.  It turns out that the Tradestation data feed from the July 3rd shortened session was missing a few bars of data.  This error, which was later corrected, is what allowed me to sidestep this loss.

So my results outperformed the pure system signals again, but this time it was by plain dumb luck.  This does not change the fact that the DESword group of currency systems reached a new equity peak last week.

Results since last update (2 weeks):

Cable Glider — 1 win, 0 losses, 1 missed win

Euro Ranger — 1 win, 0 losses, 1 missed win

Darth Fader (ES) — 0 wins, 0 losses

Scalp — 3 wins, 0 losses

Last week, the systems were completely idle.  This week, I caught one nice short side move with the Cable Glider, and I nailed a top with a discretionary long side exit with Euro Ranger.  I shut the systems down prematurely for the week, but each system proceeded to have another winning trade that I missed.  It’s actually nice that the systems outperformed my discretion for once…as I’ve said in prior posts, almost all of my gains this year are from discretion, when in fact I’d prefer to trade systematically. 

I’m trying to learn how to scalp trade effectively, and I placed a few positive trades this week.  It’s not really my style at the moment, but it does feel like a solid way to expand my trading skill set. 

I’m at a new equity peak for the year (+30.9%), and thankfully, for the first time since January, so are the DESword systems.  Each new peak is an affirmation that the systems are still working.  I’m a little bit more skeptical about Darth Fader, but at least it has contributed positively to the overall actual (and walk forward) return this year.

Onward and (probably and eventually) upward.