That's why I recommend most new people trade long only. You have automatically removed one decision which halves the number of setups you need to keep an eye out for. With that modification, you can just aim for the best possible entries and hodl if price moves away from your stop. You have no problem losing because hey you are going to get some wrong. My ratio is about 50/50 on long/short but I find longs infinitely easier. I'm not sure why. I think it's because the ratio should be 75/25.
Yep stocks/stock futures. Even the pros like Minervini stay away from shorting. @deaddog is another one.
You didn't get my point at all and I am too old to explain it. Thanks for the link. I could have written that article. Oh wait, I did write similar posts 10 years ago about TST! I wonder which firms the author thought they were legit?
Need to get back into muay thai training. With such a tight non-working income...not easy. If I can get my funded account in the next 2 weeks. Renew my dirt-cheap room rent for another month until the EOM August, I should be in a position to withdraw a decent 5-figure amount. Just need to stick to FW 3X CUBE
Maybe. Anyways, thanks for being nice about the whole way. Don't get a lot of that in social media. Well, things sometimes need to get refreshed. A lot of folks weren't in the trading world 10 years ago. In fact, "thanks" to covid and the RobinHood's of the world, we've had exponential growth in retail traders/investors in the past 2 years. My whole point is that Sharpe and total return is everything. Funders KNOW that market won't give you a 1+ Sharpe just like that It requires a whole new thinking towards markets. And algo + derivative trading knowledge. Some can do manually too but it's going to be mentally exhausting eventually.
You apparently are the person who can help me with a very minor problem that I have. I daytrade and take a few trades per day. I have big differences in returns per trade as I use a big leverage and compound till a certain level. My system works to my standards very good so I don't need really Sharpe or Sortino. I tried to calculate, just for fun and out of curiosity, Sharpe and noticed that the ratio of my system improved if I cut many trades in pieces, so that the average return per trade was less volatile. This decreased my net profits as I had to pay more commission and slippage. So to me Sharpe sucks because of the fact that making less profits increases your Sharpe. How can a good indicator give thumbs up if the return goes down and the number of trades goes up? Or did I use a wrong formula? I tried Sortion and with 112 trades he gave this result: second thought, I will not post the result... I think I have a good system, but Sortino looks to me a bit too optimistic...