It was an up week for the 25k and 50K portfolios while the 100K and One Million were down on the week, with all portfolios down on the month so far. Nice ranges and trades in the E-mini S&P last week after "Gundlach speak". Tick Pulse can have the tendency to do well in this type of market and did so last week.
Nice move in Bitcoin over the past week as some of the CNBC talking heads, Tom Lee and Josh Brown endorsed Bitcoin. We continue to hold our long from 2800 from a couple of weeks ago.
The 100K Portfolio was at equity peak on Thursday, August 3rd and has been in a drawdown since with the biggest losses coming in the Euro Currency and Crude Oil strategies. We have seen some extreme moves against us in the strategies for these systems with the market stopping us out on Cobra Euro last Friday and then bouncing right back. This is typical during drawdowns.
The results below are hypothetical results based on the trading system signals. We don't trade all systems all of the time and do use some discretion when determining which strategies to trades. Some of the trades shown may be taken while other may not be taken. 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: All trades presented are NOT LIVE TRADED IN A LIVE ACCOUNT and should be considered hypothetical.