Golfer Rory

Reading about Rory McIlroy's amazing US Open when reminded me of trading. Over 4 rounds of golf he shot 16 under par. That's 4 birdies per 18 holes with no boggies or above. Just 1 birdie per every 4 1/2 holes of golf. Very similar to trading. If you have 18 trades in a day, a week or a month and can come out even on 14 of those trades and win on just 4, you should do very well. Take our Stafford Daytrade system. It trades about 14 times per month. And over hypothetical testing, it "makes" it's month on just 2 or 3 trades.

Gold and 34 Week Moving Average

A post on Seeking Alpha shows the 34 Week Exponential Moving average on Gold.
See the article here : http://seekingalpha.com/article/219808-is-gold-crash-proof-this-time?source=email
The author states that the Expo Moving Average is a good stop. Maybe? I tested via the Futures Truth Excalibur platform on a 34 week simple moving average. Only entering on a Friday Close above the 34 week simple moving average. Exiting on a move below the 34 week moving average. This method gets stopped out 50 times and shows a Total Hypothetical profit of $14,140 and Maximum Drawdown of $32,890. A better method for this TRENDING MARKET would be to place the stop 5% below the Simple Moving Average. This shows a Total Hypothetical profit of $47,140. A max drawdown of $24,300 and percent winners of 59%. Such a big stop works well on trending markets. Probably not so much on congestion markets.
All results hypothetical. Past performance not necessarily indicative of futures results. This is for informative purposes only.