George II - Notices (2008)

(12/15/08)

As annoying as this may be, just when I thought we were to go for a decent 20 pt profit, the market reversed (again, close to 15:30) and we ended up with a small profit, although a bit bigger than the last time. One of these days, we will hit it big. Like that Madoff guy ...

(12/04/08)

After a longer break, we were bound for another nice sizable winner, but ended up with a very paltry win after a strong rebound around 15:30. Well, there is always another trade.

(11/13/08)

After a longer break, we got another nice winner, about 15 pts, so we are now up for the month with 3 trades so far.

(9/30/08)

I don't monitor this system's performance in YM, but take a look at some of its trades in this market from time to time. And that was the case yesterday when I noticed that George II caught over 650 pts in YM as a result of the biggest one day drop in Dow. Well, that probably means that the entire year of 2008 is going to be positive for this system in YM. That's exactly how this system works: while it produces fewer winners than losers, the winners in a decent volatile market can be so big that they totally overshadow smaller and limited losses. And, by the way, in ES, that I do monitor, we have made over 20 pts in September. With six trades, but only two winners, just to prove my point above. I guess, that would mean that 2008 is also likely going to be positive.

(9/17/08)

Another good day. This time, over 30 pts.

(9/09/08)

Man, this guy is really something. Yes, it's true we did not start this month on a high note, but the second trade of the month was well over 10 pts in profit and who can really complain about that?

(8/25/08)

Another winner. Hmm... Almost 60 pts for the month with 8 trades. Gee... looks like Mr. Market has mellowed down completely. Must be the old age thing. Yep, the old fart is not what he used to be ...

(8/21/08)

Well, so our nice streak of 6 winners this month is over, but we are still up about 50 pts, so I really don't see how we could lose it all before the month is over. I will probably raise the price of this baby to $75 next time I update the monthly results, meaning at the end of August, so you may want to buy it now if interested. Good ideas such as the one this system is based on are worth at least $100. I don't know why people think that things that are not expensive are always inferior. That's not a rule at all. A smart trader can do a lot with a good idea.

(8/18/08)

That is one powerful monkey (pomo). Yep, another win and a big one too, over 10 pts. So we are now, like, over 55 pts up for the month after 6 trades only. Well, what can I say? Pomos have mojos and they rule the freaking Universe ... Or something ...

(8/14/08)

There have been 2 more trades since the last entry and we are now almost 45 pts up after 5 trades, all of them winners! That's one amazing performance by the system that is amusingly simple.

(8/08/08)

Another good trade and we are now up over 40 pts for the month!

(8/07/08)

And yet another wow! Almost 15 pts pocketed today. After two trades this month, we are up almost 40 pts!

(8/05/08)

Another wow! Here is why: the first trade this month produced over 20 pts! Actually, it's closer to 25! Not bad for a simple system like that. Not bad at all... I can't believe I am selling it for only $50! This trade alone translates into well over a grand ...

(7/29/08)

Wow! We are now up 46 pts for the month. But in ES. As recently mentioned in the performance section, I switched to this market as ER2 is in transition to another exchange and so it does not make much sense to follow it at this point. Today we added a bit over 8 pts to the monthly tally. Let's see if the months that follow are as good as this one. I discovered this system in 2002 when the conditions where similar as now, so I am not very surprised that this system is doing so well these days.

(6/02/08)

Not a bad start of the month, although most of the morning gains have been erased by the session end and instead of pocketing 10 points or so, which seemed likely in the morning, we ended up with about one third of that. Well, it's okay, there will be better trades down the road, as they say.

(5/23/08)

Another winner, although only about 6 pts. The market is very congested this month, but fortunately, with only 4 trading days left in May, we can already declare it victorious. It's simply impossible to lose it.

(5/15/08)

And they do keep coming. We are now up over 20 pts for the month, with 5 trades, 4 of which have been winners. Clearly, not all hope is lost for this system.

(5/06/08)

Looks like winners have indeed been overdue as today we got another one. Even though it is a small one (2-3 pts), I will take it over any loser in a heartbeat.

(5/01/08)

We had ended up last month with no profit, but at least we started this one on a very positive note scoring almost 10 pts in its first trade. Hopefully, more winners will follow.

(4/09/08)

Wow! Finally, this lousy dog (that's what I call Georgie boy when I am in good mood; you don't wanna hear me when I am in bad mood, trust me...) scored a few points for a change. In fact, quite a few. A bit over 10 pts, but he first lost 4 times in a row this month, so I am hardly into hugs and kisses. He always does well when I am about to go medieval on him. What a clever monkey! We are still about 3 pts down for the month, though.

(3/06/08)

Today was huge! Almost 18 pts and that means that after two trades this month so far we are firmly positioned for another winning month.

(2/21/08)

Wow, another winner, and it took only 5 losers this month to finally produce this winner. Looks like Mr. Market must have learned that I was about to file a lawsuit for plain harassment... or something. Well, anyway, that was a sizable winner of close to 10 pts and so that's really good news. I am not sure we will finish this month in the positive territory, but at least we have not conceded all the trades either. This system produces only about 38% of winners and it did so two years in a row, so chances are we will make it up later on if that 38% is to hold this year as well.

(1/28/08)

Finally a winner in a month that has so far produced 8 trades and a sizable drawdown after the first 7 of them turned out to be losers. But, here is some good news: the kind of drawdown that had been created was just what we needed to start trading the system as I mention in the system FAQ. And so, if you chose to start trading the system like that, you would now be up by almost 11 pts. Not a bad start, if you ask me, not a bad one, at all ...

(1/15/08)

Today, we had the first opportunity to use the simplified version of George II as described in my last entry on 12/31/07. The result would be a loss on the first entry as well as on the re-entry, at least as far as ER2 is concerned. In ES it would be a total success. I will keep the results for the simplified version of George II separated from the results for the regular version. ER2 seems to be very congested this month which is why both entries were failures. And that also explains why the regular version of the system has posted 3 losses so far this month. Considering the big gains the system made in the previous 2 months, this is probably to be expected.