my personal thoughts after 20 years of trading

“The definition of insanity is doing the same thing over and over again, but expecting different results.”
But after 20 years ....

 

now i do like this post.
trading is not a picture, not even many.

is it tough? yes
is it tougher than life? no

ueselessness is not available, response is.

trading is easy and money means nothing except for a limit that you are looking for.

is there a limit? no


so make some money boys and girls. from home no need to waltz on the street.


and then?

 

You have to define what type of day it's going to be. Will it be a range day or a trend day?

 

Over 20 years that works out to a strategy every other day.

Maybe attention deficit disorder?

 

I suspect this is the problem. It really should have been solved years ago.

 

20 years seems to be enough long data, for personal trading logic.

Let us assume you started with a seed of 100 unit (such as 10K, 100K or 1000K does not matter)

Overall, 1) if you can say annual 10 percent compounded, then you account should have
100*1.1^20 = 672.75 units 2) if you annual 20 percent, then
100*1.2^20 = 3833.76 units. (AFTER EXPENSE)

On the other hands, if you account is almost broke, then you lost annual -5% compounded (More exactly <= -10% / Note 0.9^20 = 0.1215767 )

However the expense such as tax and commission is MUCH MORE important.

Interested in total expense for the last 20 years.

 

I agree this totally. 1)Design + 2)Test) + 3)Make System.

Stock market is (probably) ONLY market which keep the old data for 20 years.
We can get data (20 years) to backtest and find a profitable trading logic (after tax).

 

Also in CME futures now https://news.ampfutures.com/histori...e90k8xb4360rGiYfj5AQvHh8LLWNYg&_hsmi=64133685

 

Maybe this can be useful to the Padutrader aka TraderGod
https://www.mytradersstateofmind.com/

 

no i was concentrating on Brook's book for ten years....i still keep coming back to him.....the rest are worse