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I see your point, but I have found that in the long run it is better to stick to my rules, and not change my mind later on (typically when my emotions might be running a bit higher).
Sorry for not posting an end of November update. Instead, here are 2 months of results (and the first week in January mixed in). Performance is still weak, at best. I could give you some convoluted explanations about the poor performance, but the chart below says it all: the system is just not performing to expectations. All the hand waving in the world can't sugarcoat that fact!
I've said it before, but it bears repeating: if you only trade one or two strategies, you are at the mercy of the performance of that system or systems. That can be precarious. But, let's say this system is part of a much bigger portfolio of 10-30 strategies (as is the case for me). In such a case, I actually expect a few strategies to underperform like this. I don't like it at all when a strategy behaves badly, but it happens. The key is that there a few other strategies that do really well, and make up for this poor performance.
I'll continue to monitor this system, and we'll see what happens.
I don't trade these live any longer - the performance was just not as good as some other EC strategies I had. So, they were retired from active duty, although I still track and update them monthly. They have not reached my criteria for being "broken," but they certainly are sickly. If they ever start performing well again, I'd probably add them back to the active mix.
The daytime strat lost about $3K in 2015, and overall since development is up around $1K
The nighttime strat lost less than $1K in 2015, and overall since development is down around $2K.