The Portfolios were mostly down in July, near worse case drawdowns. The 25K-50K Portfolo was the only portfolio with gains on the month but did endure a drawdown going into the end of the month. The gains at the beginning of the month in the 25K-50K were enough to still give it a nice gain for the month.
It was the first losing month in 2020 for many of the Portfolios.
The massive choppy trading pattern of the last 7 days was one of the more extreme patterns I have seen. All of the portfolios had drawdowns into the end of the month. The Stock Index Portfolio 19 which made new equity peaks about 7 trading days before the end of the month hit a worse case drawdown on the last day of the month.
We have seen this before and often times see extreme patterns that go against us in the short term that disappear on the new month. August will shift its focus towards the election in November and I believe we will move out of this range bound territory in one direction or the other.
The first video is about 20 minutes and is a mini webinar on how to view the drawdowns and manage the drawdowns along with some discussion on two new strategies in two more videos that we release going into August: 1.) the Federal Reserve Stimulus Trading System and 2.) TICK Fader.
The strategies will be sent out to All Strategy Access Tradestation subscribers before Monday. It will take slightly longer to finish them in Ninjatrader.
Tick Fader has been added to the Portfolio Calculator and the Portfolio Calculator has been updated through July 31, 2020.
Tick Fader may be added to some of the other portfolios. Still doing research on that.....
If you like to start a portfolio during a sharp drawdown as we go into a new month, Monday is a good time to begin!