Create a strategy, backtest it. Than forwardtest it for a couple of months. Amount of trades isn't that important imho. I trade a system that takes 20 trades/month, so I've gone live after 50-60 trades as the expectancy remained positive.
In a market that is going up, buy & hold is hard to outperform.
I try to get some piece of the cake but I want to avoid the big drawdowns that can happen when you choose buy & hold.
How can I tell if my performance is 'good enough' to keep doing it.
I swingtrade (long only) the S&P500 by trading SPY. Basicly I try to get in when the markets starts trending and get out when it reverses. These are my results of the past 3 years. Should I be happy with this performance? How can I (objectively) evaluate my performance?
2012 +7.93 points...
I trade the SPY, long only.
I make 1 trade/day.
Results 2012:
174 trades
+14.92 points
+14.05 points after commissions
+10.32%
Biggest drawdown is 5%
Is this good/bad/ok?
Is this system worth trading in your opinion?
Is this legal?
*Set-up an offshore company (HongKong by example) and trade with the money of the company
*Set-up an offshore company (HongKong by example) and trade with the money of the company. You sell a stake in the company to different investors.
*Set-up an offshore company...
I want to trade some US index options (dow jones or S&p500).
Where do I go for the smallest spreads & some good volume (which ticker or which exchange)?