Starting a fund / raising capital

Quote from doublet83:

Its about 5 on a LTM basis. Perhaps not as high as you would expect given significant monthly volatility of returns, mostly to the upside.
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Actually, it is excellent, especially considering that it spans over the years. Congrats!
 
Quote from arturo100:

Actually, it is excellent, especially considering that it spans over the years. Congrats!
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Actually it is a last twelve month number calculated by IB. I haven't calculated the one with my whole history, it will be somewhat lower. As I've said before I'm not really interested in Sharpe.
 
I would prefer to start with a capital of my own rather than rising the fund which is very risky for the traders. Thus, better to use your funds and keep growing with it is my policy.
 
YTD up 1.5mm, representing a 139% return. Overall another excellent year so far, although these returns are unlikely to be sustained.

October was a relatively difficult month, down 0.7%, and the first down month in a year and a half.

Screenshot represents the main account only.
 

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Quote from doublet83:

YTD up 1.5mm, representing a 139% return. Overall another excellent year so far, although these returns are unlikely to be sustained.

October was a relatively difficult month, down 0.7%, and the first down month in a year and a half.

Screenshot represents the main account only.
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If Oct is down -0.7%, why does it say on statement for Oct 0.00.

In any case it’s encouraging to see a young individual making a decent profit in the market, it flys in the face of those saying that only “big guys” can make money in the market.

What’s your holding period?
 
Quote from macintash:

If Oct is down -0.7%, why does it say on statement for Oct 0.00.

In any case it’s encouraging to see a young individual making a decent profit in the market, it flys in the face of those saying that only “big guys” can make money in the market.

What’s your holding period?
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As I've said every time I posted that screen shot, the screen shot only pertains to my main account. The total returns I cite are for all my accounts on a consolidated basis.

Holding period varies from intraday to multi year. Nowadays I'm focusing much more on longer term time frames.
 
I don't think anybody is doubting you made those returns. The thing people are doubting is what kind of risk you took on to achieve them, and without knowing anything about you or your trading strategy we can realistically surmise that it's probably significant. Either that, or it's directional and you simply are currently on the correct side of the trades.

So nobody is insulting you or questioning your current success. I congratulate you on it, good job in the last 3 years. However, if you're under the impression that you can make 50% a year indefinitely, I have news for you... :)

As far as starting a fund and raising capital. I'm just one guy with an opinion, but I'd never give money to someone who said they can make 50% returns annually.
 
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