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Hello, In my mentoring program I come across traders who start young and with a small portfolio, around 20K$, On one-hand its very good to start small since you have to learn the basics, On the other hand, a small portfolio can generate low returns thus discouraging the trader, Any ideas on how...

What's your allocation strategy for each? How do you determine how much capital each strategy will control?

So how many systems do you trade? Do you keep developing new ones?

Thanks for sharing! Can you automate 100% of the strategy? 100% of any one strategy?

Sorry you lost so much, and I appreciate the honesty, this is why I stick with the get rich slow mantra, many traders try to swing for the fences in the first shot which is practically impossible or is a lucky shot, I have a few strategies that will not make me a millionaire over night but over...

I have been trading for over 15 years, always valued getting rich slow, but recently I have seen that one time large profits are rewarded like its brain and not luck, that has been the case since March 2020, TSLA, GME, NIO and the likes have quadrupled in profits while I maintained my "get rich...

I completely agree, it's all artificial, fed made, but I don't prove too much as to the "why", I'm playing by the rules and if the current momentum is bullish, let's ride the bull, right stops and all, not too sure about the next meltdown, the economy is suffering but that is already priced in...

Who's driving the current market? 1. Hope! This is based on assumptions that the worst of the Coronavirus economic and health crisis is behind us. 2. Cash on the sidelines and a lot of it, FOMO is driving underexposed money managers to compete with the market using their cash reserves. 3...

Meaning std dev =0 on that 50.75%

Exactly, be the house, 50.75% is enough to be consistently profitable, just keep on trading with positive expectancy, this is why trading in short time frames like day trading leads you to profit (or ruin..) faster

Funny you mentioned Goldman Sachs, we did a research if the history of their K10, they have the most remarkable expectancy we have seen, I can upload the data to this thread

See my comment on the counter point

Which brings back the topic of expectancy which is the combination of win percentage and average win amount, if your expectancy is positive then all you have to do is to continue trading, the math will take care of profitability

Love your honesty, work hard and dream big, sounds like you are determined to win this and you will, best of luck

Do you track your performance?

So what's the top 3 performance metrics you look at when evaluating a new strategy?

Ohh and drawdown of course

I don't look at the win ratio when analyzing a trading strategy, not right away, it's in the short performance report generated by the system and I look at it but I have to say that it's Sharpe ratio i look 1st then it's CAGR, after I review these scan the entire preformed report, but these two...

Long V, GOOGL, MSFT, APA.

What are you trading? What's the time frame?