Consistency or one time large profit?

I currently trade about 8 strategies. Some of them are slow and steady while others are high octane where I am aiming for annual doubling. No harm in mixing growth strategies and income type strategies. Just keep the two types of strategies firewalled from each other so there's no potential to blow up your entire bankroll.

 

Since trading 1978, my very long term Futures trading has made 60% of the gains even though winning percentages are 5-15% every year, as years gone by and revamping it, drawdowns have gone way down as my knowledge has increased on hedging. Stock accounts long term steady 25% of gains and scalping/day trading 15%. Reasons intraday is so low cause commissions do play huge parts. By end of year, intraday will be reduced 80% and shorter term option trading will increase.

I have played the huge gain plays throughout my trading life, but it is like one out of ten work out, don't make sense for me any more due to my age I suppose. I think swing to longer term works best for me as my memory declines, one needs so much rapid response and twitching fingers not avenue I wish to go down any more, automation best, allows for me to have a life.

If I was new to the game, learn how to get risk way low first, yes very low excitement, but it is exciting to get risk below one percent thereby when trade works out, you make hundreds of percentages. And above all, when you have figured out how, be humble and don't tell a soul how. Many on this site trade well and seldom write a post.

 

From my experience it's always the best to just bet on the top performers.

 

you should allocate your portfolio into short term plays, longer term growth/parking money, and some YOLO plays. Keep the bankrolls separate. Some will work, some wont, but you will always have a base of long term low risk stuff.

The money you make from the others put into the long less risk stuff. rinse repeat. No reason to complicate shit.

 

Thanks for sharing!
Can you automate 100% of the strategy?
100% of any one strategy?

 

So how many systems do you trade?
Do you keep developing new ones?

 

What's your allocation strategy for each?
How do you determine how much capital each strategy will control?

 

Why reinvent the wheel?
I see no point of changing something that works. Tweaking - yes, OK.

 

Well, that’s your way of looking at it and every trader has a different idea of how they want to see their trades, even if they're not profitable.

 

I don’t see any harm in either of these and for me, I would definitely look at consistent profits instead of going for large one time huge profit.