Tough Month

OK, in addition to having to take a loss by selling out some of my position when my drawdown was getting a little too high for even MY tastes, I compounded my loss this month by making a stupid and totally careless mistake - instead of selling off only 10% of my position as I intended, I sold the entire position by adding too many "0"s to my position size.....

dumb dumb dumb!!!!!

so it looks like this, my first losing month in 12 months, is going to be a doozy - a loss of approx 30%. and, it set back my "retirement" timeline by 5 months.

damn.

and the HP/C strategy is still in drawdown, on top of that loss.

but, i have been doing some more correlation calculations, and it looks like the 3-month correlation might be a good entry/exit filter. it would have taken me out of the trade on Jan 22nd and I would have been sitting quietly on the sidelines during this horrendous month.

it also would have exited the trade in august of last year, right after a big gain, and then entered again in october, right before another good gain.

so i am going to continue to track it weekly, and probably implement once this drawdown ends.... whenever that may be.....