SPY 10/100 Trend Following System – 3/29/13

SPY 3-29-13

SPY 3-29-13

This week didn’t bring us any closer to a signal in this system.

One thing that did come up this week was that someone brought to my attention that there was a significant drawdown at the end of December that I would have had to sit through. The question was whether I would have had enough conviction in the system to hold through it. At this point, I don’t have that conviction and likely would have bailed on the system when staring at growing red numbers. However, the goal of this test is to gain that confidence in the system, if it proves worthy. Time will tell which way I side when there is real money on the line. In this instance, I didn’t even have fake money on the line.