Regarding scalability - Most of my trades are in FX, Gold and Crude.
In FX for example my typical trade is for 500,000. On IB most of the times I see bid/ask for upto 10M(depending on the pair) within a few pips.
I think If I was managing upto10 times what I am right now - about $6M, I...
Intradaybill -
Thanks for your analysis and the results.
I double checked for dec 2009 and dec 2010 and the returns were indeed 13.88%
You are right I wonder myself if I just got lucky over the last 3 years. The main reason for that is I trade based on basic chart patterns and then I...
A little bit more info on my performance-
From Jul2008 todate I have cleared about $1.04M of actual money. This is less than as calculated per monthly returns, but I have been withdrawing regularly for expenses and taxes.
I have recorded every trade I have made in excel, so I can manage...
These are actual monthly returns.
But every month I have been taking out about $10,000 from my account for expenses(family of 4 and paying off a small amount of the line of credit). Then at the end of the year I pay appx 25% in taxes.
From 215K in July 2008, my account size is now around...
Folks,
Would really appreciate any comments.
Just wanna get an idea if the returns are any good before I start approaching some people for funding. I dont wanna get my hopes up for no reason.
Thanks
Folks,
I see lot of encouraging posts about people starting their own hedge fund or atleast managing friends and families money.
I have been trading full time for almost 3 years now. I trade mainly FX and commodities-
Here is my month by month performance since July 2008-
2008-
6.81%...