There is also the sad fact that even a break even system can be nicely positive in 50% of years. eg A system with a mean annual return of 0% and standard deviation of 25%. Trading with discipline that system will make money 50% of years and some years it will even make 40%+ returns. But combined with losing years will revert to 0% overall. Neke may still have an edge above random, but the edge probably is not big enough to overcome commissions + trading mistakes etc, let alone withdrawals.
Hi, I'm new here. Could someone, maybe neke himself, just summarize his trading style/method, ie. what is the main trading strategy(s), and what's get traded (stocks, indices, ETFs, options, futures, fx, bonds etc.). Is it manual trading or automated program trading? Thx
Stocks and Stock options (weeklies). Strategies diverse. Going mostly automated. Much of the big down days have been going big on options - trying to stem a losing trade. I have been much better this year avoiding that.
Neke, good luck for 2024, election years are never dull market years! Control your losses and you should do well..