I don't want to sound negative, but the last 5 years was essentially the best years of the S&P 500 over the last 100 years or so. How do you know you don't just make beta performance ? If you actually make alpha, you're much much better off joining a hedge fund, after 5 years in you can easily bank up to 1-2m£ per annum
lol beter lucky than smart Because i only trade equities in the tsx V and partially the TSX which has been in a down trend since the last 4-5 years. And this method is not scale able so going to a hedge fund wont do anything
That's bullshit. 1) If you have a real alpha even on a small niche, you'll still find a job and you'll learn other niche and other markets as an employee of the hedge fund. 2) stocks with market cap > 500m$ aggregate to 2.4e^12, or 2,400,000,000,000 $ or 2.4 Trillion. 3) 3 days of down market and you made money didn't mean you're not just the result of biased variance. hope this helps
There are many niches like mine on penny stocks, mirco cap, small cap that work with accounts up to 1-2m after that they dont. If you go to a hedge fund with this they will laugh at your face. Its hard enough to enter a 20-30k positions in these companies i cant imagine doing it with 100k plus per position. And no one said anything about 3 days ive been using this strategy since 2010-2011
No one did, but i assume that if i walk into a hedge fund and tell them that i trade micro cap, small cap and Penny stocks, with a 400k account with a strategy that isnt scalable they really wouldnt give a shit
Not true, small cap funds can be several hundreds of millions in size. Maybe not PENNY stocks but definitely small cap strategies can be scaled quite a bit.