My MRV has been down all year, it looked like it was recovering but then took more losses the last 2 days. One can never predict when it will get its edge back Len. My MRV is currently in a 26% drawdown, well over my tolerance for drawdowns of 20% and worse than all my backtests dating all the way back to 1994.
I think this is the biggest and most important reason why we have multiple systems. There will be periods of time when some systems just don’t perform for awhile, sometimes a LONG while, maybe several years while other systems knock it out of the park. One of goals for the new year is to design at least 2 more systems to I can mitigate this type of risk. I think I was too heavily put into my MRV and momentum, probably should have been spread out over 4-5 systems. Oh well, live and learn.
…. But, you’re not alone Len…. I’m seeing similar performances in my open positions in my 2 MR systems… I.e. I saw better performance in my positions when the market was down 600+ points last month…. go figure or…….
