May
ASX MR = +0.91
NDX mom = -3.24
Acc = .0.45
ASX MR hit all-time highs during the month which also dragged my total portfolio to all-time highs. The last seven days has seen 5% drawdown on my mean reversion system. The system is fully loaded for the first time in probably a few years today and for the first time since I increased my position size to 13%, down about 4% so far today hopefully we can have a nice bounce in the coming week.
NDX momentum system has been basically flat. The index filter has now switched on and I’ve made a decision to stop trading this system altogether, in the coming months I will need to utilise the funds elsewhere and I’ve come to the decision that it’s better to not have that money at risk. I will keep trading my mean reversion system as is.