As I write this, the market has just finished it’s biggest downturn in recent weeks. Many investors are wondering where things will go, and the global economy, eclipsed by recent events in Greece and the broader Eurozone, is throwing up question marks right and left. Investors don’t like question marks.
Regarding my own model, May was another average-ish month for the MS8 Trading System… in fact slightly below average. Our overall exposure was just over 15% (meaning that’s how much time we were invested), and we ended the month mainly in cash. That being said, a profit is a profit and this is still an excellent one. Below are a few of the key statistics:
| Net profit for the month | 4.72% |
| Total number of trades | 22 |
| Average return per trade | 1.45% |
| Win ratio | 72.73% |
| Exposure | 15.70% |
| Total time invested | Less than 10 minutes a day! |
There was one massively stinky trade in BVSN, which lost nearly 35% of it’s value. Those are painful, but a trading system is a strategy that relies on the averages working out over the long haul. Even with that ugly trade we still pulled out a nice profit.
Below is a picture of the profit distribution of the individual trades. This is a pretty typical distribution… well… except for that ugly one on the left.
Good Trading…
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