yes but that won't work for the GDX swing system, they gold and
GDX doesn't always move together closely enough.
otherwise think about it, the GDX system even non-leveraged is
pretty good, heck every trade has been up 10%, so if you sold out
the entire position at 10% every time, that's a nice gain!
The system does a trade about once every 1 1/2 months, so 10%
every 1.5 months is really damn good considering it's
such a low maintenance system that doesn't have to be
watched all day
Actually, gdx and gld are approximately .75 correlated.
Not perfect, but I think that the system would word pretty
well going long gdx and using dgz to go short.
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DZZ is inverse gold
GDX swing system improvements/tweaks
Posted by ditch on 28th of Jul 2010 at 01:19 pm
DZZ is inverse gold
yes but that won't work
Posted by matt on 28th of Jul 2010 at 01:23 pm
yes but that won't work for the GDX swing system, they gold and GDX doesn't always move together closely enough.
otherwise think about it, the GDX system even non-leveraged is pretty good, heck every trade has been up 10%, so if you sold out the entire position at 10% every time, that's a nice gain!
The system does a trade about once every 1 1/2 months, so 10% every 1.5 months is really damn good considering it's such a low maintenance system that doesn't have to be watched all day
Actually, gdx and gld are
Posted by algyros on 28th of Jul 2010 at 06:21 pm
Actually, gdx and gld are approximately .75 correlated. Not perfect, but I think that the system would word pretty well going long gdx and using dgz to go short.