Search results

Consider yourself VERY lucky that you got your money back.

I believe the stats are contaminated by fund conversions. I don't trade spot FX but need to convert funds to trade USD futures and so am required to participate in FX transactions. A P/L is attributed to this part and probably factored into the stats. The stats would be different if these are...

So what happened ? If you were not profitable full time do you think you'll make it part time ? Something don't add up..if you worked as a trader full time you should know the answers to your questions.

You're comparing the largest DD over 17 years to average annual return. If you can maintain 3avgannualreturn:1maxDD over 17 years you do not have just have a "good" system, you will be very close to holy grail. I haven't seen anything like it over that long a period. If you do please consider...

Rest of year

Fair enough. There is no way to know then unless one can read minds. Even if you held them at gunpoint to explain they could be lying.

My sharpe is even better if I update it with this years. Probably because you are in funds management where sizes make it more difficult. Different worlds we are measuring I guess. For accounts under 10m there are plenty of traders with a few years sharpe above that on account browsers like...

Don't quite agree there. https://www.elitetrader.com/et/attachments/et2-png.175637/ You can have both decent win rate and payout. The "best" are even more better.

Do you have any stats of HFT ? I know there was one with 1000+ consecutive winning days but it doesn't indicate much on drawdown/returns.

That's your view and doesn't have much to do with systematic vs discretionary. Separate argument. Of course the best discretionary trader can pick the best performers, averaged over time, over a system picking a basket. Yes I assumed the best when I typed "at the peak level", not EVERY...

Actually depends on what we are measuring (eg pure return or sharpe or what) and what size we haven't established that. It's impossible for HFT to top returns from the best traders in Market Wizards books in % return. It's also impossible for the Wizards to still make the same returns at HFT...

You pose an almost impossible request. If I throw it back to you can you show me a automated system of 50 to 100 open positions that beats the best discretionary trader trading a single or several positions ? The only point you have highlighted is the system can manage more trades, yes true...

Stats from fundseeder. How representative is it of the whole trading world I am not quite sure. I think it represents retail trading quite well. Discretionary of course can achieve a higher "peak" level. A discretionary trader can trade a system systematically with the occasional rule override...

Not enough. 75% prediction has little to do with your actual win rate if you use stops. If you don't you will likely blow your account beyond recovery. If you do, too small and it will hurt your win rate, too big and you will have bad r:r. Accuracy of prediction is not enough. If you asked...

Over how long ? We've been in a strong bull with declining vol since 2009 and if it continues, then yes it is generally a good strategy. If those traders traded through 07/08 and still maintained 6% max loss and continued delivering 100%+ then they are among the very elite.

How do you determine a "70%" trade as opposed to a 60% ? A mechanical set up that has a history of 70% or a gut feel of being "more confident" ?

You say your current capital is zero.. Have you ever traded live ?

Tilson said he doesn’t plan to manage other people’s money. He’s considering serving on corporate boards, consulting, and mentoring young investors. Lol when you cant perform you can still teach. How does a investor lose 8% in a roaring bull market..

Got a question for the trading aspect of it, if you wish to answer it. Why the choice of a conservative spread ? You are expecting a "way more drop" and only a 2 week window..a capped small profit & volatility neutralised spread would be the last of my choice.