Only 9% of traders earn positive lifetime net returns

Discussion in 'Trading' started by Prospergain, Jan 11, 2025.

  1. 2rosy

    2rosy

    It's easy to get investors. You need to explain your strategy and show it works.
     
    #11     Jan 11, 2025
  2. MarkBrown

    MarkBrown

    I m sorry but i have to ask... Are you a professional money manager {programmer}? Have you manage a better 17 years audited track record {backtest}? Can you share it?

    Why did you change baskets, did the 1st basket fail? Why will the next and the next and the next basket not fail? Always over optimizing? How many years you been doing this including this year? Are you listed somewhere as 1 of the 9%? Why are you posting here? What is your purpose?
     
    #12     Jan 11, 2025
  3. VOLdemort

    VOLdemort


    Your Sharpe is pitiful and that's curve-fitted.
     
    #13     Jan 11, 2025
    TrailerParkTed and MarkBrown like this.
  4. drawdown of 25%!!! No thanks!
     
    #14     Jan 11, 2025
    MarkBrown likes this.
  5. Coin Flip

    Coin Flip

    You never had a 25% drawdown yourself?
     
    #15     Jan 11, 2025
    Prospergain likes this.
  6. Nope, never. Maybe I am overly cautious but the whole point of daytrading instead of just long SPY forever is that you don’t have to ride the rollercoaster. Anyone who has a drawdown of 25% is trading in a way that could blow up their account with an even bigger drawdown. I’d just go long SPY and go fishing.
     
    #16     Jan 11, 2025
  7. tony.m

    tony.m

    Will you take pound ? I like to invest 1 million LBP.
     
    #17     Jan 11, 2025
  8. Businessman

    Businessman

    In trading you can design systems, with an average drawdown of 10%, and a max (really bad outlier) drawdown of say 25%.

    Even the S&P 500/SPY, average bear market decline is -33%. A bad bear market is like 50% drawdown. But worst case is like 80%+ drawdown.

    The QQQ had a 80%+ drawdown around the time I joined this forum.
     
    Last edited: Jan 11, 2025
    #18     Jan 11, 2025
  9. traider

    traider

    Only 9% of elitetraders are breakeven
     
    #19     Jan 11, 2025
  10. last August many options systems failed when VIX spiked up, you can design what seems like a safe system until it stops behaving as you expected.
     
    #20     Jan 11, 2025