I guess bragging isn't too bad, especially if it is reality-based. A lot of the bragging on ET is usually either a) paper trading or b) the occasional big win surrounded by losses that conveniently get overlooked. The problem with that kind of hollow bragging is that it gives the newbies the impression that everybody is doing that well or that trading is easy. Trading well can be deceptively simple, but it is seldom easy. This and a few other recent ET threads had me contemplating getting into money management. There a several very good reasons not to do it, but I can't seem to just shake the idea. I don't exactly know why, and I have been pondering that question for several months now. @doublet83: Your returns are very impressive, especially considering the non-trivial size. But the consistency is eye-popping. Keep it up!
Thank you. These results are probably unsustainable but certainly extremely encouraging. I don't ask myself, what my chances of sustaining 50% or 100% returns are, I ask what my confidence level of sustaining above market risk adjusted returns over a multi decade time frame are. If I can accomplish the latter, then I have a place in this business. I would generally advise people to stay away from the money management business. Even if you know what you're doing, you will likely be at a large informational disadvantage versus a larger firm, although you can certainly exploit various opportunities that a less nimble firm cannot, which is one big reason why my historical numbers have been so good. Also don't forget that I worked as an analyst in some small hedge funds before I started doing this on my own (although they weren't very good funds), which puts me well ahead of a lot of people.
No, I don't keep daily numbers, and as far as I know that's not readily available in IB either, besides me pulling a couple hundred of account statements.
I see what you're doing here. Monthly returns compound. I expect people to audit my screen shots in an attempt to find logical inconsistencies, although this is a pretty dumb mistake.
perhaps your best monthly return woud be 26% or 55%, instead of 22%, as you should have realised your own best performance quite well.