Trading Systems Performance for May 2023

Below is a performance summary for our fully rules-based trading systems for the month of May 2023. To learn more about these systems and to follow along in real-time with their signals, check out our Trading Systems page.

March markets at a glance

Market May Year to Date
S&P 500 ($SPX) +0.46% +9.68%
10-Year Treasury (IEF) -1.44% +3.26%
60/40 Portfolio (SPY/IEF) -0.30% +7.12%

Trading system performance

System May Year to Date
Trade Risk Index +0.79% -1.62%
Merlin System +1.55% -6.55%
Lamorak System +0.12% +3.26%

See Performance Disclosures: Monthly Performance. Trade Risk uses Interactive Brokers as our primary broker and reporting agent.

Trading system commentary

May was a choppy month for the traditional 60/40 portfolio. All of the market gains really came from a concentration of mega-cap technology stocks as investors’ rushed to own any equities related to AI.

Our active trading strategies both managed to close the month positive despite not owning any technology leaders, however, we still have plenty of catch-up to do as our benchmark remains well ahead of us.

What market environment changes would help fuel more market gains for Merlin and Lamorak? Merlin wants to see the rally broaden out and Lamorak could use more two-way volatility. We’ll see if either of those happens in the upcoming lighter volume summertime trading months.

If you’re looking for professional evidence-based trading systems to help you invest in individual stocks and ETFs with a focus on risk management, sign up for a $1 trial today to see if our trading systems are right for you.

Evan Medeiros

Evan is the founder of the Trade Risk. With 25 years of coding experience and a B.S. in computer science, Evan brings a systematic discipline to investing in the stock market.

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