One of the commitments I made to everyone was that, in the event that there were any future updates or revisions released to the book or my method, they would receive the update free of charge.
The system has stood the test of time, and has generated profits for me since I started formulating the strategy several years ago, following my initial forays into the world of trading and the markets.
However, there are two basic market conditions in which trend following systems suffer:
- When there are repeated failed entry signals;
- When there are sharp 'V' shaped reversal in markets, that the inherent logic in the system parameters struggle with.
The results of my research are crystallised into an small addendum to the e-book, which is now available. This is the first change to the basic method since I formulated my system several years ago. Anyone who has previously purchased the e-book will receive a free copy of the addendum via email over the coming days. Similarly anyone who buys the e-book going forward will be able to download the e-book and the addendum at the same time.
I have purposefully not updated the performance results for the basic system since the end of January 2013 the due to the impending release of the addendum. This will be updated in due course. The changes to the overall system are minimal and simple, yet the results have been significantly improved, both in back testing and in my own results while trading and 'proving' the changes.
For more details on the e-book click here. Enjoy!