Poll: Choose between 2 traders

[Pekelo]

Let's say you want to subscribe to a website/newsletter that gives you trading signals or teaches you how to trade. (if you don't want to, please do not vote.)

The website has 2 traders, the subsription costs are the same. Which one would you subscribe to?

 

[Pekelo]

I voted for trader #1, because although trader #2 maybe has bigger balls, I think trader #1 is the better trader....

 

[Arnie]

I voted for #1 also, because that trader doing 50 lots will only be in business until one of those "fat fingered" days comes along and he gets his clock cleaned.

Also, the guy getting 4 pts probably is trading more than just noise.

 

[frugi]

If we assume consistency as stated, then surely the size they put on is totally irrelevant? Trader A harvests double the number of points per day per contract as Trader B so (s)he is clearly the superior trader.

But perhaps you are implying that whereas Trader B has a lot of confidence in their method, Trader A lacks it and the disparity is reflected in the size they put on. If this is the case then there might be some reason for choosing B.

 

[cosmic]

hard to tell from this limited info imho

ultimatively the goal is to be as consistent as possible to be able to size with confidence. the "pts per day / per car" do not matter that much, it's more the risk you need to take each & every day that matters to generate consistent returns.

so more questions:

Which drawdowns do both traders have?

What is the avg return to risk ratio in their trades?

How long are they in the market?

best,
cosmic

 

[Buy1Sell2]

Needs to be a lot more choices. Hows 'bout trader making 10 pts, 20 pts, 80 pts 200 pts? --4 is the maximum? I don't think so.

 

[StockApprentice]

That's such a weird poll/question. The question is really about consistency.

There's a lot of questions regarding risk... time in trades... stress involved in opening the trades... etc.

The point of any trader is to CONSISTENTLY make a profit. If you do this, size is only a function of account size.

 

[Pekelo]

Quote from cosmic:


so more questions:

I agree, that there are other factors to look at, but let's say those datas are not aviable, the only advertised info is the daily average return.

I will let somebody else answer Buy1Sell2's question, he clearly has no idea what we are talking about...

 

[Pekelo]

Quote from StockApprentice:


The point of any trader is to CONSISTENTLY make a profit. If you do this, size is only a function of account size.

Not true. A trader can be consistent AND comfortable with trading up to 3-5 cars but freeze up above 10, even if his account size allows him to trade that many...

 

[Lamont_C]

I'll take the trader who teaches you how to trade, not just provide signals or something to imitate. What he makes is irrelevant.