1% a day consistently: possible?

1% a day consistently, no down weeks: possible?

  • Yes

    Votes: 58 47.9%

  • No

    Votes: 63 52.1%
  • Total voters
    121
  • Poll closed .
Incredible Drawdown results compared to your yield...great job..

You can write your own ticket if you will build up a two-year track record...

Michael B.

Quote from stephencrowley:

My drawdown has been practically 0 (less than 0.5%) in testing, even in out-of-sample data. I can't stand drawndown.. every trade I make is 'optimally' hedged and has very strict stop losses. My stop loss has never been hit at testing and its only set at 1% drawdown from entry. If it is hit then the system will pretty shut it self down so it'll only incur a full 1% once which wont wipe out the many profitible trades before it. That'll give me time to re-examine the relationships it was trading.. etc, hopefully that'll never happen either as my models are constantly updating to new relationships.
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Quote from mahras2:

And you havent taken over the world yet because............
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i just noticed this section is for automated trading, mine is manual. And in responce to mahras2 - if I average $50k a week I am real happy with that
 
Yo fellas, Lets post some sheets and let see the proof. I want to see a trader trading more than $2 Million in their pool doing more than 1.5 % a day or 30% for the month.

If that is the case, I have access to $10 million and can raise more.

Right now, I have one trader I work with who has done 15% months for the past 6 months. That is superior trading and he will be on his way to $50 Million in Quarter 3 with another 6 months of above average returns.

Yes, he will have to scale his system up and cut his returns based on liquidity but the net number on his end will continue to grow.

I would be surprised to see anything greater than this and still not contracted with some firm, but if that is the case....that posy your sheets and lets see the proof in the pudding.

TC.
 
Quote from romik:

i just noticed this section is for automated trading, mine is manual. And in responce to mahras2 - if I average $50k a week I am real happy with that
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12% a day means every month your multiply your account 15 times. Talk about full of sh*t. Do that for 6 months with a starting stake of 1 measley dollar and you have 11 million in profit. hahahahahahaa
 
lol. Anyway.. back to the point. I don't care about returns from discretionary traders whether full of shit or not.. auto trading only here. Of course discretionary traders can probably make higher returns sometimes but then comes a killer day... the human element plays big there and it's hard to quantify emotion...


Quote from mahras2:

12% a day means every month your multiply your account 15 times. Talk about full of sh*t. Do that for 6 months with a starting stake of 1 measley dollar and you have 11 million in profit. hahahahahahaa
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Quote from mahras2:

12% a day means every month your multiply your account 15 times. Talk about full of sh*t. Do that for 6 months with a starting stake of 1 measley dollar and you have 11 million in profit. hahahahahahaa
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it is possible in futures, not sure about equities. By the way your maths sucks pal. And there are no "killer days" in my system. I won't post any more in this thread, it's not related to automated trading.
 
Quote from romik:

it is possible in futures, not sure about equities. By the way your maths sucks pal. And there are no "killer days" in my system. I won't post any more in this thread, it's not related to automated trading.
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How does my math suck?

24 trading days a month on average with 12% each day so:

1.12^24^6~12 million.

Edit: okay ~22 trading days for equities (I said 24 because I am in FX). So yes a dollar grows to $3Million+.

The three million dollar question is: Can I give you a dollar to manage? :D
 
Quote from TradeCobalt:

Yo fellas, Lets post some sheets and let see the proof. I want to see a trader trading more than $2 Million in their pool doing more than 1.5 % a day or 30% for the month.
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Good luck finding any takers.

George Soros, an elite trader if there ever was one, long-term has averaged 30% a YEAR. 30% a month long-term, consistently month to month, with small drawdown--I don't believe it.

Anyone earning consistent double digits returns a month must be taking on tremendous amounts of risk (by risk I am talking about exposure). The first drawdown they experience might well be the last (at least untl they earn anothe trading stake).
 
Who cares? Geroge Soros is not operating at high frequencies and he has a lot of money to move around. It is relatively common to make above 100% a year if you are only trading a few million and have a really tight operation. Ultra high frequencies trading is much less risky than long term. For most assets variance increases with holding period..


Quote from smilingsynic:

Good luck finding any takers.

George Soros, an elite trader if there ever was one, long-term has averaged 30% a YEAR. 30% a month long-term, consistently month to month, with small drawdown--I don't believe it.

Anyone earning consistent double digits returns a month must be taking on tremendous amounts of risk (by risk I am talking about exposure). The first drawdown they experience might well be the last (at least untl they earn anothe trading stake).
More...
 
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