very well said and it displays a higher order understanding of the multiple ways to make money. I have always believed that quant analysis is just an advanced form of technical analysis.
We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness Have a good 4th Wrapping it up to go enjoy the rest of the day Traded 6e cl +8,250
You seem legit. I'm rebate trading trash, personally; in my world, a 9% drawdown would cause a lot of stress and cause me to lose sleep. But in the big picture sense, that's actually not too bad. I took a 10% drawdown when my strategies first started because of just outright broker fees and technical glitches. Are you automated or manual?
at a calmars ratio of 50, sellingindexvol66 can make back the 11% DD in a week or two. note the YTD return is already approaching 100%. it comes down to comfort level, which comes with experience/confidence. an experienced trader can lengthen the holding period a bit to enhance return and capacity. it comes with a bit more short-term MTM account equity curve volatility probably. but over long run it brings more money. one needs tons of experience to have this level of confidence/comfort though. i am not even remotely close. while my sharpe is in similar range, my horizon is shorter and my short term volatility is lower. but by the end of the month/year, i make less money. njrookie
Yeah, his results are nothing to sneeze at. I wouldn't feel bad with those results. A read a lot of trader journals on this site, and while some guys really have some interesting/decent edges, the part that I dislike about most retail traders and the trading blogs is how these guys are okay with so much volatility in their equity curve. I'm not talking 1-off 3-4 sigma events, either. Portfolio-level equity curve smoothness is almost the first thing I always go after, because outside of that smooth equity curve regime, I think it's very "psychologically difficult" -- if you get what I mean.
you guys are just as good..it is great to see other traders and not a bunch of hot air bullshit like elsewhere. plus i have been in this game for near 20 yrs. i habitually wire money out monthly..just keep enough in needed for my targets if i am lucky enough to bang them. EDIT: clear, i am full manual and old skool