It was a choppy Thursday after two strong trend days. We did not trade live today. As we previously discussed, we missed out on a big move that we had timed for a drawdown entry on Tuesday. The hypothetical gains in the One Million MNS 110 on Tuesday and Wednesday were +$27,785 while the hypothetical loss today was -$21,400. We will sync back up for live trading with an additional -5K hypothetical drawdown in the One Million MNS 110.
The live gains for this quarter in our 250K Portfolio which trades a 20% allocation of the One Million MNS 110 is $14,142.18. The hypothetical gains for the 250K Portfolio for the quarter after today are $12,978.50. We are ahead of the hypotheticals but want to enter at a good drawdown point. Most of our gains in April were April 23-26.
The current hypothetical drawdown for the One Million MNS 110 is -$26K out of a max worse case hypothetical of -$59K. If we wait for a -$31K drawdown (another -5K), our risk to worse case drawdown is -$28K on the One Million MNS 110 which translates to -$5,600 on the 250K Portfolio or -2.3%.
The Stock Index Portfolio 18 captured +$11,415 on Tuesday and Wednesday in hypothetical trading system signals. It gave back less of a percentage today than the One Million MNS 110. It was down today -$5,085 in hypothetical signals today. The current hypothetical drawdown in the Stock Index Portfolio 18 is about -$7K out of a max worse case hypothetical drawdown of -$30K.
We have a new Gold strategy that we will release tomorrow or next week and send out to All Strategy Access subscribers.
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