Not after he has been charged for insider info action. And it was difficult to prove him his illegal activities. I would not trust his success then. At least I cannot say to what extent it is built legally or not. There was just too much legal action against him.
Billionaire Forex traders are, Soros, Kovner, Druckenmiller, Lewis, Schwarzenbach, Steinhardt (?) with 24% annual returns over 28 years, Ngcobo ($2.4 bln networth) and more of course...
I think the greatest trader based on % or absolute should be in Forex trading, where the most liquidity is worldwide. You cannot do that much PnL in stocks or futures trading than in Forex trading. So the asset class to look at is Forex trading (with 'only' about 50 years of history here).
I heard half a yard would not affect any move on EURUSD larger than 0.5 pips. But how about other currency pairs. How much volume can one do and what kind of slippage to be expected then ? How much is the difference between trading on retail brokers like IC Markets to EBS/Reuters here ? Anyone...
From my past experience I know from a broker that he had a customer trading futures and turning 50k to 2000k into 3 months but then lost it all. I also met a prop trader who had a year trading futures with a Reward-Risk-Ratio of 70:1 in 1 year. So he risked only a few thousand to make a few...
One must work at a large broker to get more insight data, who is a very good trader among traders managing their own money only. On Fundseeder there was a trader with Sharpe 9 live traded over several years. So how do you get the information about the profitability trading only with own money ...
The same mistake with relying energies on Russia solely or mostly. If China ever attacks Taiwan or take HongKong, then the cost for taking over Hamburger port would be higher than what they would get now or any benefits from it. The risks far higher than any possible gains. It is only a matter...
...and the FED is not expansive anymore on its balance sheet (for the next foreseeable time), that is more limiting for the equities. I expect not a bullmarket before 2024 or late 2023 therefore. But I do not speculate on that, and I am also more short term orientated trader.
It could also be that less money is put on the debt market because usually it makes sense for old people to hold less equities and more debt papers. So that would cause kind of higher illiquidity in the debt market and also higher rates too (to some extent). Because it is most likely (especially...
So you have reversal strategy right ? Without knowing more details your sharpe could around 2.5 maybe higher. That depends on how much you are hedged.?
A problem could be that those wealth transfer could cause a shift in holding assets on the equity markets. If they spend more for own houses or real estate than prices must go up here and prices on equity markets must go down then (to some extent). Because baby boomers where know for holding...
You have no idea what you are talking about. And you are offending! I do not bother what you believe or not believe. I just said something about trading stats. That's all. Believe it or not. I guess you are far not that good than Sharpe 5-ish. And it also seems you are not willing to learn...
Because of higher interest rates, leverage gets more expensive. If we go as far as 7% or higher than leverage for certain strategies does not make any sense anymore. So that will cause a kind of deleveraging. I would say that is healthy for the markets. But does this cause a kind of excessive...
...and so does he go short on his own stock IBKR then too ? :D In case IBKR goes bust he can hedge it with huge amount on puts on his stock. So he does not go poorer at the end of story.
More links to have a look into.
https://www.technicalanalysts.com/education/exam-information/
https://www.mrao.cam.ac.uk/~mph/Technical_Analysis.pdf
https://www.credit-suisse.com/pwp/pb/pb_research/technical_tutorial_de.pdf
https://trustedbrokers.com/za/books/technical-analysis-books/