Getting more mechanical by the day, as I code more and more of the strategies - but not there yet. After each shellacking, I kind of get down to lower risk, but inevitably start risking more as returns get positive. I am trying hard to avoid that trap.
Has anyone that's gone through these journals figure out how a trader can have such spectacular returns and seemingly know what they're doing for an extended period of time slide into a random no edge trading style after all that??
Markets change. Some strategies completely inverse from high R/R, others display slight change due to R/R and can be still used by being highly selective on trades. I've got a few that showed insane metrics up to 2008 and have not done much since. That's a market turning point and neke's numbers also changed around that time.
Really quite simple.---Many successful traders become bored with the day in day out of making money in the markets and seek to stimulate themselves intellectually and try to reinvent the wheel.
Long Period Update 10/1/2022 - 12/31/2023 Another swift implosion well below the poverty line, and an all-year effort to get above it. Explains what happened since the last update on 9/30/2022. Just was not able to keep the gains and suffered another blow in Nov last year. Thereafter, with a balance about 50K started the long journey to recovery - came eventually above 100K and managed to hold that to the end of this year. My modest expectation next year would be a 50% upside. Just trying to take it easy and let the automation do the work - getting as much detachment as I can from the action. Code: Year End Implosion (10/1/2022 - 12/31/2022) Opening Balance: 98,272 Net loss for period (44,212) ------------------------------------------------ Net Balance: 54,060 Recovery Year (1/1/2023 - 12/31/2023) Opening Balance: 54,060 Net gain for period 49,362 (Up 91%) ------------------------------------------------ Net Balance: 103,422