This is comforting to know. I thought I was being too conservative...Thanks Buy1Sell2...my fund is at 1.54 :1 leverage over the weekend. I divide my percent DD into it to give me a number to see if my exposure is staying constant...this is a little homegrown trick of mine, but maybe there is a term for it...spreadsheets are a wonderful thing (I Excel between the sheets, Wifey says
).
I sleep well and feel enough control to where the market can throw anything it wishes at me. I honestly can trade billions with my system, without any worry what-so-ever.
I trade an "always in" positive carry methodology that grids the trades for a bonus. I wrote my system and can hold from 3 pairs to eight pairs at times and I can trade up to an average of one trade a day. I will put on a pair in reaction to the baskets oscillations and it is a constant game of balancing the volatility, while grabbing some dollars during the interest carry, to fortify the balance thus the other ongoing dynamic calculations for the long term carry's.
Believe it or not I use ranges and a proprietary use (s) of a divergence of a known lagging indicator to see entry points on the fly, when I am in volatility balancing mode...But I would never advocate the use of a lagging indicator as a sole source for trading sig's. Ranges and indicators should be put into proper perspective. A discretionary componet of a traders system, is mainly just experience.
Startegic and methodical trading can be tricky. In the beginning of the year the yield may underperform many roller-coaster type Funds, but as the year progresses the Yield comes shining through, and I can boast that YTD I have had only one losing day (that losing day was planned, as I wanted to keep the DD below 8%).
Michael B.
).I sleep well and feel enough control to where the market can throw anything it wishes at me. I honestly can trade billions with my system, without any worry what-so-ever.
I trade an "always in" positive carry methodology that grids the trades for a bonus. I wrote my system and can hold from 3 pairs to eight pairs at times and I can trade up to an average of one trade a day. I will put on a pair in reaction to the baskets oscillations and it is a constant game of balancing the volatility, while grabbing some dollars during the interest carry, to fortify the balance thus the other ongoing dynamic calculations for the long term carry's.
Believe it or not I use ranges and a proprietary use (s) of a divergence of a known lagging indicator to see entry points on the fly, when I am in volatility balancing mode...But I would never advocate the use of a lagging indicator as a sole source for trading sig's. Ranges and indicators should be put into proper perspective. A discretionary componet of a traders system, is mainly just experience.
Startegic and methodical trading can be tricky. In the beginning of the year the yield may underperform many roller-coaster type Funds, but as the year progresses the Yield comes shining through, and I can boast that YTD I have had only one losing day (that losing day was planned, as I wanted to keep the DD below 8%).
Michael B.
