Trading System Signals on January 3, 2022


200K Portfolio =-$8,000

50K Portfolio = -$850


The first trading day of the year has extremely choppy and challenging to trade. Crude Oil, Gold, and Nasdaq moved in wide ranges back and forth. The E-mini S&P trades were up on the day. The 200K has hit a rapid 22k drawdown after equity peaks last Monday. I would rather have rapid drawdowns than slow drawdowns. We have a drawdown alert in the 200K Portfolio. It is better to start trading a portfolio or strategy or adding to a portfolio or strategy during a drawdown.

2 views0 comments