Quote from wutangfinancial:
I'm up 10% YTD. I use no leverage. Equity/long short. I aim between 10-20% per year, with a slight negative beta. Basically, I aim to offer value to my family investors who would normally hold an index fund. By offering a slightly negative correlation to the S&P with a moderate absolute return, I'm helping them. Not making any real money, but believe it or not, that's not why I do this, at least not yet.
If I wanted to swing wildly to get huge returns, I'd do it with some big firm's money, not my own or my families. So no, I don't make 20%/week. But I 'll be way richer than you in 5 years.