Quote Originally Posted by mingpan.lam View Post
Hi Trev and Nickola,

I started to follow both robots from 1Jul2011 and tried 100% mechanical but occasionally, I reduced the position by following Billy and Pascal's advice. And here's the PL% of my trade results,

IWM : -0.35%(last year)-2.18%(this year up to now) = -2.53%
GDX : -1.17%(last year)+(0%) (this year up to now)

Trev : I shared the same feeling as you, GDX take off without me.

I hope the future will be better with the recent improvement.

Cheers,
Ellis
The main question is why not taking a position in GDX or closing it earlier?
I entered into a second GDX position at arund 54 and closed it at about that price, but kept the initial GDX position as per the robot's instructions.

For me, keeping a long GDX and a short IWM is sound, because it hedges against any sudden market melt down or melt up.



Pascal