1% a day consistently: possible?
- Thread starter stephencrowley
- Start date
I'm sure there is stuff you can use off the shelf, but I wouldn't touch it.
Just another observation, if I may. I have noticed that very few respondents, when declaring that 1% a day is consistently possible, made any reference to your other criterion of no down weeks. I wonder if perhaps they overlooked this consideration. Because, to be candid, I overlooked it when I opined that 1% daily is very rare. The added constraint of no down weeks makes it virtually impossible in my opinion. Regardless of how clever you are, I doubt that you can play both aggressively and defensively at the same time in such extremes. Just my opinion. However, you can be assured that if you pull it off with the method you plan to trade, you will reach the very top of the trading world, at the very least in the area of relative performance.
If a stranger or even your best friend told you that this is what he was going to do, what would be your honest and realistic response? This is not a rhetorical question. Please answer.
P.S. Against this background of your proposed returns and no down weeks, I think that the 55 poll respondents thus far who voted that it was possible are either naive neophytes or out of their mind. Once again, just my opinion, of course.
If a stranger or even your best friend told you that this is what he was going to do, what would be your honest and realistic response? This is not a rhetorical question. Please answer.
P.S. Against this background of your proposed returns and no down weeks, I think that the 55 poll respondents thus far who voted that it was possible are either naive neophytes or out of their mind. Once again, just my opinion, of course.
I'd definately be suspicous.. no doubt. I didn't say I thought I could do no down weeks, but it's something to shoot for. I believe it *might* be possible. I could be completely naive.. *shrug*
stephencrowley,
So how has this thread/poll helped you stephencrowley? Perhaps its time for reflection?
Did you find what you were looking for? or has it served to fill your ego and give you the confidence that your defense provided?
Michael B.
So how has this thread/poll helped you stephencrowley? Perhaps its time for reflection?
Did you find what you were looking for? or has it served to fill your ego and give you the confidence that your defense provided?
Michael B.
You use a lot of words to say nothing.
Whereas you use so few to achieve the same end. I applaud your sense of economy.
Yes it has helped me. I don't know why it would fill my ego as I haven't really done anything amazing besides stir up a few arguments. But, the fact that people I respect believe it is within the realm of possibility gives me some comfort. I have confidence in myself but it is good to sometimes get feedback to see if that confidence is even remotely justified.
Were I you I would compliment your system with a short term trend system since you are in the market a small percent of the time to make the 1% a day average as you do. You define your system in terms of the opposites of things. Maybe some of those opposites could be available to you after all.
If possible would you post the data that you have obtained on the percentages of the classes of market operations that affect your equity curve.
It may be that you have taken off the table most of the market trading hours and that several of these portions are less risk prone than the ones you are trading.
If possible would you post the data that you have obtained on the percentages of the classes of market operations that affect your equity curve.
It may be that you have taken off the table most of the market trading hours and that several of these portions are less risk prone than the ones you are trading.