I couldn't stop picking at that scab on my arm and now I might have to have it amputated. What should I do?
Easy, like one poster said, start with a larger fortune, perhaps $560 millions. Seriously, you seemed to have a good trading methodology, be discipline and more patient and you will be good.
6 years ago sometime in the summer, you tripled your capital in 2-3 weeks, and now you aim at 20% a month?
So that would be 20:1 leverage giving you 1 million buying power. A million a year in trading income would be unlikely unless your putting up 200k plus.
Rob Carver's website and especially his blog are awesome. I love this classification of traders: Super Traders with both the skills and the discipline Committed and useless; with the discipline but not the skill Clever and Chaotic, skills but no discipline Useless and Chaotic, no skills or discipline. When I was trading Prop, I met many of the 3rd and 4th category...at the time, I was in the 2nd category. No one at this shop was in the 1st category. Can anyone comment on his book 'Systematic Trading' ?
It's an excellent book. Worth reading. Worth implementing. Eventually I want to see how short term it can be pushed.