I am starting a journal to document how well I can compare going forward to a system I developed. I am starting with $100K. I kept a journal here several years ago trading mostly stocks. I just recently got back into trading as I have been focusing on my career.
This time around, I will be trading just a few broad leveraged index ETFs. I am keeping it to a few so that I can take every trade given by the system. My goal is to match the monthly percentages of the strategy. This way, I will know I am on track to meet the goal of nearly 30% average annual returns. Profits will be reinvested, so position size will grow as equity increases.
Since 2009, the system has had a 40% draw down. So, I know I am putting myself out there to be ridiculed. To achieve above average returns, I feel you need to accept draw down. At least I have not discovered a way to avoid it. Besides, the system appears able to claw back in a relatively short amount of time.
When I came back to ET, it was good to see some people still actively posting such as d08 and Scataphagos, who had posted in my prior journal. Feel free to follow along, chime in, and ask questions.
Are the etfs fixed or do stalled, underperforming etfs get replaced with better performers?