Trading Systems Performance for November 2020
Below is a performance summary for our trading strategies for the month of November 2020, net of transaction costs. To learn more about the strategies and to follow along in real-time with their signals, please visit the Trading Systems page.
System performance for November
| Strategy | November | Year to Date |
|---|---|---|
| Merlin | +12.40% | +8.10% |
| Lamorak | -1.36% | +24.57% |
| 60/40 Benchmark | +6.66% | +12.59% |
See Performance Disclosures: Monthly Performance.
Merlin closed trades in November
| Closed Trades | Return on Signal | R-Multiple |
|---|---|---|
| MDB | 28.79% | 1.5 |
| LABU | 60.16% | 1.5 |
| OTRK | -21.29% | -1 |
| IIVI | 33.14% | 1.5 |
| GOLD | -9.60% | -1 |
| MRNA | 38.18% | 1.54 |
| RPAY | 7.20% | 0.51 |
| TW | 13.54% | 1.5 |
| MRSN | 31.96% | 1.5 |
| ACMR | 29.42% | 1.5 |
| DRNA | 21.28% | 1.5 |
| ZNGA | 15.42% | 1.5 |
Merlin varies position size based on the individual stock, so R-Multiples are important measures of account impact.
Lamorak closed trades in November
| Closed Trades | Return on Signal |
|---|---|
| WFC | -9.17% |
| TMO | 0.54% |
| RTX | -3.74% |
| CRM | 1.76% |
| LBTYK | 0.59% |
| ALL | -1.00% |
| MRNA | -10.45% |
| LSXMK | -1.19% |
| GS | -0.28% |
| AXP | 7.18% |
| BA | 2.26% |
| RTX | 3.50% |
| GD | 0.24% |
| MAR | 6.88% |
| CVS | 0.42% |
| MS | -6.49% |
| ACN | -2.53% |
| CDW | -4.34% |
| CSX | 10.08% |
| CTXS | 0.43% |
| LOW | -2.78% |
| CTAS | 4.46% |
| ORLY | 1.13% |
| NKE | -4.26% |
| MDLZ | -4.14% |
Lamorak equal weights position size across all trades, so no R-Multiple are necessary to compare signal profitability.
Merlin commentary
Merlin posted its best month since 2018 pulling in +12.40% for November. This was good enough to finally push year to date performance back into positive territory at +8.10%. It’s a good reminder that following (and sticking with) a trading system or process is so important — you’ll never know in advance when your strategy will fall back into sync with the market.
Lamorak commentary
Lamorak, on the other hand, took a breather for the month of November. It traded actively but couldn’t get any consistent traction on its trades and closed lower by -1.36%.
This highlights one of the lessons we discuss with subscribers, which is the value of having multiple unique return streams, in our case, the Merlin and Lamorak trading systems. If you allocate to both systems, one will often pick up the slack while the other takes a rest.
If you’re looking for professional evidence-based strategies to help you trade individual stocks and ETFs, visit our Trading Systems page to learn more.
