My problem with this current BPGDM short is that the BPGDM is slow to react and it has fallen so quickly, therefore I would not be surprisedif this GDX trade ends up being a losing trade by the time the BPGDM crosses back above the 8 day MA.  See the statistics, it has losing trades, this could end up being one of them with and then maybe the next Long trade is the winner etc, we'll see. The average time in trades is 24 days with the shortest time of 6 days, so I doubt the BPGDM will cross back up over the 8 day MA any time soon.

But you guys have to understand system trading, this trade will either be a winner or it won't and even if it's a losing trade, that doesn't mean there is anything wrong with the system.  For system trading you have to do each trade in order to get the returns of the system in the long run.

Here's a copy of some of text from the Premium Content page about systems and psychology

The Psychology of system trading:  

Regarding the systems; please use a  scientific mindset when analyzing them:  First off, the systems are not 100% profitable and so losing traders are a normal part of the systems or any system for that matter.  For example, if a system is 70% profitable, this means that 3 out of every 7 trades will be losers!  So by chance or bad luck, it could be that your first 3 traders are losing trades!  On this note, I've had folks who traded the systems once or twice and said 'they don't work'!  Use your brain, you have to trade them long enough in order for the statistics to play out, 1 or 2 data points is not enough to judge the systems! In order for the system statistics to play out, you need to play every one of the trades, or at least most of them, for a certain period of time, otherwise you skew the statistics.  Of course also remember that the statistics are based on back tested data and thus the systems effectiveness and results can change any time