oh, forgot to mention that in about 10 yrs of watching every tick you'll finally get it 
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- Thread starter marxdhr
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<i>"So, why did you say âlike hell he doesâ? Shouldnât I conclude that 100+% returns are very achievable â regardless whether you think % returns is a silly way to measure?"</i>
Let's examine some scenarios on annual returns:
Three traders are all following the exact-same mechanical system, identical buys and sells. The only difference in their performance at all is account size.
Trader #1 begins with $20,000
Trader #2 begins with $200,000
Trader #3 begins with $2000,000
Each one decides to trade five (5) TF futures contracts per turn. Max loss on each 5-lot trade is -$500 plus costs.
The 100% mechanical, blackbox system in our fantasy example here averages +20 index points per month gains inside one calendar year. That is +$2,000 per contract or +$10,000 per 5-lot position.
At year's end, each trader made +$120,000 gross profit from their participation... all fills were identical in the mechanical system block trades. No variance in results whatsoever.
**
Trader #1 would be measured in buy/hold vernacular as +600%
Trader #2 would be measured in buy/hold vernacular as +60%
Trader #3 would be measured in buy/hold vernacular as +6%
Assuming I have my math above correct, is that a fair way to measure performance? All three traders performed exactly the same... sole difference was how much excess capital they did not use. Other than that, true performance on executions was identical.
No difference there than some of the prop guys in here who made +1,000s% on their initial deposit last year. How can you quantify that performance parallel to some mutual fund linear buy & hold?
That's all I meant in earlier conversation
Let's examine some scenarios on annual returns:
Three traders are all following the exact-same mechanical system, identical buys and sells. The only difference in their performance at all is account size.
Trader #1 begins with $20,000
Trader #2 begins with $200,000
Trader #3 begins with $2000,000
Each one decides to trade five (5) TF futures contracts per turn. Max loss on each 5-lot trade is -$500 plus costs.
The 100% mechanical, blackbox system in our fantasy example here averages +20 index points per month gains inside one calendar year. That is +$2,000 per contract or +$10,000 per 5-lot position.
At year's end, each trader made +$120,000 gross profit from their participation... all fills were identical in the mechanical system block trades. No variance in results whatsoever.
**
Trader #1 would be measured in buy/hold vernacular as +600%
Trader #2 would be measured in buy/hold vernacular as +60%
Trader #3 would be measured in buy/hold vernacular as +6%
Assuming I have my math above correct, is that a fair way to measure performance? All three traders performed exactly the same... sole difference was how much excess capital they did not use. Other than that, true performance on executions was identical.
No difference there than some of the prop guys in here who made +1,000s% on their initial deposit last year. How can you quantify that performance parallel to some mutual fund linear buy & hold?
That's all I meant in earlier conversation
