March 2023 was a bumper month for the 4 core position trading strategies taught in the position trading bootcamp. Results shown are based on $100k accounts and included is the new H1 hedging set file that the Market Reversal Alerts EA has been running in the live rooms, which is a variation on the M5 hedging strategy taught in the bootcamp. Those results were only from 14th – 31st March so less than a month, but that is shaping up to be a very nice strategy, we’ll see how the ongoing forward testing fairs though and that one may need a little more of a conservative risk allocated to it as it trades almost constantly in both directions. The ADR reversals strategy was the clear winner with a whopping 26% return which is above average but as the markets were very sideways throughout March it cleaned up, excluding the odd bank failure of course which sent the Yen into superman mode for a week!
These results were generated on full auto (apart from one aggressive DD control position on GBPCAD) using the Market Reversal Alerts EA, and we check up on the trades being taken every day during the live room sessions, come and join them if you can at 7:50am and 2:20pm UK time for the Frankfurt and New York opens.
Taking all these trades would have got you a little over exposed of course as you would have a little cross-over between the strategies at times and had multiple entries on a single currency in the same direction. Running them on separate accounts however spreads that risk a little thinner. That being said, you can see the power of the position trading strategies and mean reversion and compare the strengths and weaknesses of each strategy.
If you want the set files for the EA, you can download them here, or they are available in the Telegram group too.
