20% per month trading half of the time with a 75% winrate and under 1% drawdown

[ElectricSavant]

Thank You sir...we shall see...this could blow up too!If it works pay it forward.

ES

YOU find something through your hard work and it shed light to help other people to figure out their system or follow your lead, you are doing a great favor for traders at ET.

 

[jl1575]

Any good system needs improved, optimized and adapted to different market dynamics and different instruments. There are always limitations too. There won't be anything perfect if people are in their right mindset about this tricky business.

 

[gaussian]

Folks...The hecklers will come here. I have a long, long list of ignore and blocking. Please disregard their posts if any (I cannot see them). It's funny they must log out to see my posts...its a lot of trouble to cause trouble. Some of them have a lot of hate in their hearts and are insecure.

Who said a trader cannot share and be transparent? Even if this does not pan out...we have had fun discussing trading here in this thread. Thank You Baron, Magna & ET.

BUY THE WAY READERS DO NOT TRADE THIS...IT IS IN DEVELOPMENT. I WILL TRADE IT WITH MY DOLLARS BUT PLEASE DO NOT TRADE ALONG. WATCH FOR MY JOURNAL SOON

I find this to be the most annoying, inane, pointless drivel this forum typically has.

Yeah, yeah your blocklist is huge because you're being heckled. I know this is challenging for your type of people but have you considered the reasons you are being heckled?

1. Most people familiar with trading have a really good idea of "average return given average strategy". I can sack away money in an index fund and make a cool 6-10% per year.

2. You've presented virtually no evidence your backtesting is correct. In fact one graph you posted lacked an X axis. Talk about missing the bare minimum requirement for completeness.

3. Your definition of successful has not accounted for the probability of you performing admirably in one of the most bullishly volatile markets in the last 10 years.

4. Your backtesting does not indicate how your strategy performed when the floor fell out (think 2007-2009).

5. You didn't prove you have uncorrelated returns.

6. You never compare to a benchmark strategy.


Notice none of them are "they are really jealous of you". No one is jealous of you. The second you start talking about 20% month over month returns with sub 1% draw down on an account 1/9th the size you should be trading with you strike those of us with experience as either an idiot or a complete fraud.

Want to permanently resolve the heckling? Try this:

1. Post your backtesting results, alpha, beta, and benchmark against the S&P and buy and hold.
2. Take a photo of a print out of your month over month broker statements with a timestamp (preferably a local news paper)

Until then, no one will believe you, and rightfully so. There are hedge funds that would pay millions for a strategy that could accomplish what you have claimed to have done. Your benchmarks would put you comfortably into the territory of "super trader" if you could verify any of it over any considerably period of time.

No one is denying that these kinds of strategies exist, and alpha at the level you state can be achieved (though regardless your drawdown is so low you must've miscalculated). However, a retiree with no indication of any previous record of success stumbling on a money printer is very often the kind of things late night infomercials are made of.

 

[ElectricSavant]

Wow...did I really deserve this? Maybe I won't start a journal afterall...I did not realize that I was the "type of people" posting annoying, inane, pointless drivel..This really hurts.

I have requested that this thread be closed and I will trade privatly and quietly. Sorry for wasting anybodies time especially the experiensed traders that gaussian speaks for.

Es

I find this to be the most annoying, inane, pointless drivel this forum typically has.

Yeah, yeah your blocklist is huge because you're being heckled. I know this is challenging for your type of people but have you considered the reasons you are being heckled?

1. Most people familiar with trading have a really good idea of "average return given average strategy". I can sack away money in an index fund and make a cool 6-10% per year.

2. You've presented virtually no evidence your backtesting is correct. In fact one graph you posted lacked an X axis. Talk about missing the bare minimum requirement for completeness.

3. Your definition of successful has not accounted for the probability of you performing admirably in one of the most bullishly volatile markets in the last 10 years.

4. Your backtesting does not indicate how your strategy performed when the floor fell out (think 2007-2009).

5. You didn't prove you have uncorrelated returns.

6. You never compare to a benchmark strategy.


Notice none of them are "they are really jealous of you". No one is jealous of you. The second you start talking about 20% month over month returns with sub 1% draw down on an account 1/9th the size you should be trading with you strike those of us with experience as either an idiot or a complete fraud.

Want to permanently resolve the heckling? Try this:

1. Post your backtesting results, alpha, beta, and benchmark against the S&P and buy and hold.
2. Take a photo of a print out of your month over month broker statements with a timestamp (preferably a local news paper)

Until then, no one will believe you, and rightfully so. There are hedge funds that would pay millions for a strategy that could accomplish what you have claimed to have done. Your benchmarks would put you comfortably into the territory of "super trader" if you could verify any of it over any considerably period of time.

No one is denying that these kinds of strategies exist, and alpha at the level you state can be achieved (though regardless your drawdown is so low you must've miscalculated). However, a retiree with no indication of any previous record of success stumbling on a money printer is very often the kind of things late night infomercials are made of.