Trading Edge #47
Instrument/asset
Gold price (GLD)
Trading rules
The trading rules of the edge read like this (please also backtest yourself – you might find a way to improve it):
- Buy at the close of third last trading day of the year; and
- Sell at the last print of the year (hold for two days).
Results
Below is the equity curve since 1980:
The average gain is 0.31% and the win ratio is 70%.
Disclaimer: No part of the analysis in this blog constitutes a trade recommendation. It’s all published for informational and educational purposes only.
The past performance of any trading system or methodology is not necessarily indicative of future results. Read the full disclaimer here.
