Patience Rewarded! And why does SYS3 compare much better than gold or silver?
Withstanding the test of system variance
SYS3 has sprung back into life since the start of this month in a major way. It’s currently 131.82 points in profit (Betfair SP) this month, thanks to all of these winners:
We’ve enjoyed 20 winners from 64 runs so far this month for SYS3.
However, prior to this month, it had been through a very testing barren spell for a long period of the year. Let’s examine:
If you look at the profit and loss chart above for SYS3, you’ll notice that it took a long time to finally break through the 400-point level. This saw a record drawdown of 73.18 points. And it ended up taking 83 days before famine finally gave way to feasting! This was a much longer wait than we’d ever had before; the previous longest wait had been just 15 days to reach a new system high. Although a wait of 83 days is nothing compared to the long waits one can endure when waiting for a new high in the stock market, as previously discussed here:
SYS3 didn’t start until mid-October 2023. And it’s made a very healthy profit of 472.62 points for Betfair SP over this period. However, it’s not all been one-way traffic. We’ve had to endure a record drawdown of 73.18 points over this period and a wait of 83 days to finally reach a new high. If you had joined on the first day of this frustrating downturn and been forced to wait nearly 3 months to recover your starting position, you might have been seriously questioning why you joined. Most people start to crack after a month or two of extended drawdown. It can be hard to keep faith; however, for those who keep a realistic long-term perspective, patience is rewarded.
Returning to the theme of patience. The price of silver has gone up a lot since March this year. Its price has increased by 18% so far this year.
However, let’s look at it from a longer-term perspective. When I zoom out over a much longer period, it becomes apparent that the price is still well below its previous high of 2010. So if you had invested in silver in 2010, you’d still be waiting to break even on your original investment. Anyone investing in silver in 2010 would have been waiting 14 years (and still counting) to see any return at all. Followers of SYS3 had been forced to wait 83 days to reach a new high, but that’s barely a blink of the eye compared to nearly a decade and a half of waiting!
So forget about silver or gold; SYS3 is the real precious metal in this comparison!