Universal Trend Trading

Quote from achilles28:

Your NAV is down over 50% in 4 months. Maybe it's time to reevaluate your strategy?
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You mean stop trading, because of drawdown? Read my post 02-10-12 12:05 AM. I knew what I'm getting into when I decided what risk I'll be trading with. There is no guarantee that I will make a new equity high, but I will not stop trading just because I'm getting into predicted (accepted) drawdown.
 
Quote from luckyputanski:

You mean stop trading, because of drawdown? Read my post 02-10-12 12:05 AM. I knew what I'm getting into when I decided what risk I'll be trading with. There is no guarantee that I will make a new equity high, but I will not stop trading just because I'm getting into predicted (accepted) drawdown.
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Never say die, huh? You need to double NAV to breakeven.

250K isn't chump change. What's your 9 to 5 job, if you don't mind me asking?
 
Quote from luckyputanski:

Yeah, it is quite bad. Below, 41 years drawdown, no commissions. It's only 3rd time in history something like this is happening.
Not sure about fading, though.
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I love long term trading, but get my signals off weekly bars, then refine on the dailies for commodities. I have a similar spreadsheet of DD and when I get to 90% of the extremes, I do the cardinal sin of doubling up volume.

So the only way for you to go is now up.

Usually for me, I have one outstanding year, then two years of so so profits. Two years of chop, LOL.

Good luck.
 
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