Performance Summary Total Net Profit $961,779.80 Gross Profit $1,367,177.04 Profit Factor 3.37 Total Number of Trades 1569 Percent Profitable 74.38% Winning Trades 1167 Losing Trades 402 Even Trades 0 Total Shares/Contracts Held 1,589,300 Total Commission $22,693.92 Return on Initial Capital 19.24% Annual Rate of Return 72.82% Avg. Monthly Return $240,444.95 Std. Deviation of Monthly Return $269,055.45 Trading Period 2 Mths, 27 Dys, 5 Hrs, 50 Mins Percent of Time in the Market 54.51% Time in the Market 1 Mth, 17 Dys, 2 Hrs, 31 Mins Longest Flat Period 5 Dys, 21 Hrs, 21 Mins Max. Equity Run-up(Daily) $1,180,815.69
Get back to us when the trading period equals 20 years and I will make a decision on whether to invest. As the guy who jumped out of the skyscraper said, "so far, so good!"
Take out all the profit periodically and restart with $5 million again. For example, every three months. Capish?
Dear Piezoe, That major Bozo no-no opinion of yours has the dubious distinction of being not only outrageously puerile but also a double redundancy... in the long run we are all dead, and face it, when we are dead we don't need to make decisions any more. Sincerely, Fool
Thanks for the advice - I'm sure it's well intentioned. But.. were you also saying this at the end of 2008? I figure you're an experienced, well connected guy who doesn't trade but advises some serious investors. Therein lies the difference.. you're trying to make a living relatively safely, I'm trying to be the next Paul Tudor Jones IMO it's very important to select a CTA with state of the art risk management, which more often than not means an emerging CTA. The best funds have tightly managed drawdowns BUT as a consequence have fewer opportunities to make money. In the long run avoiding losses takes precedence over everything else.
All good points--- I agree, find the right emerging CTA and it should equal $$--- my beef is with the behemoth institutionalized so called trend funds--not emerging CTAs best wishes! surf
I dunno...according to legend you will probably be separated from your capital in a short period of time...