We include the weekly portfolio trading system results for the week ending on February 2, 2018. All portfolio's are up on the week and are up for the first two days of February. This week's results include the end of January and the first two days of February. The weekly report is inclusive of all five trading days while the monthly results are only the first two days of February.
During last week's report, we noted the strange melt up with unusually low TICK and Advance Decline readings. It turned out to be a nice setup for a short trade. (Noted for future strategy development). This week the E-mini S&P closed down nearly 100 points and near its Fibonacci level for the year (retracing 61.8% of the gains on the year) and near 2750.00. It could be a nice setup for a bounce Sunday night/Monday. Our stock index strategies did well this week and especially on Friday capturing those short trades with Cobra III E-mini S&P and Gap Continue IIB E-mini S&P.
We are watching a new set of long only strategies as we previously mentioned. I am glad we are still "watching" them after this week as there were losses across the board on those. VIX Swing finally had a $3000 drawdown.
The results below are hypothetical results based on the trading system signals. We trade the strategies and portfolios but we don't trade all systems, all of the time, and do use some discretion when determining which strategies to trades. We also do take additional discretionary trades. Some of the trading system trades shown may be taken while other trades may not be taken, based on our discretion. For this reason, the information here should be considered informational and educational and can represent how our trading software operates on different platforms.
For the purpose of this blog post, since we do use discretion in our live trading: All trades presented are NOT LIVE TRADED IN A LIVE ACCOUNT and should be considered hypothetical.