Agreed many traders lie about results. The video shows my real account and should answer all your questions if I miss anything. Please know I recently developed this system and only began using real money in July 2016. Seed amount approximately $20,500 then I added another $20,000. Average length of trade 14 days. Compounded rate if my math is correct 54% in 6 months so 108% annually. Back tests show approximately 62% annually. Brokers fees over 6 months approximately $1416 out of approximate $14,000 in profits. So approximately 10% of profits went to commissions. Or approximate commissions costs were 5.4% of average account value. 910M I know potential Crazy Results! Only time will tell but I am already looking to scale back and lower risk.
Over last 6 months (Its only been 6 months, well almost 9 months now) after paying commissions I show an approximate 48% return. I will let you calculate annualized amount.
Good to hear more precisely. With a seed of 40K, if you follow the return rate (annual 100%) consistently, then your asset is supposed to grow to 40*(1+1)^50 = 4.5036e+16 after 50 years (30 to 80)
Great numbers but I don't see 100% returns as realistic over time. But I am hoping! I'm going to shoot for 46%, If I do 36% annually with low volatility and low drawdowns I will be very satisfied. I will do my best to do quarterly updates.
It has been roughly 400 years since the stock market is(was) open in Netherlands. If there exist any SINGLE person who cosistently kept his annual 46% record (of course also by his sons and grandsons), the the family already got ALL THE ASSET in the world. Please just calculate 1.46^400. If there is NO ONE before who attains anuual 46% over the 400 years, then you shall not do it too most likely.
I am not implying that I can make high returns over generations, but maybe I can over the next decade or so. Only time will tell. Are you interested in updates?
Can someone send me to any prior threads that show actual trading results of successful traders on this forum? Thanks
I agree it is very good attitude to keep track the trade record. Sometime lifetime record help for future logic change. Many of my friends has at least 5 years (or more than 20 years) history of ALL the trade data. I am sure it is valuable.
I prefer the following types of record. 1) All my life, everytime my return always between annual 10% and 20% compounded. 2) My return rate is quite similar to Buffet's (50 years record) , as shown in http://www.berkshirehathaway.com/letters/2015ltr.pdf 3) Tell me if there is another type. Even annual 20% compounded will produce roughly 5000 times, compared to the original seed (over 50 years) . You saving of 100K will become 100K*5000=5000M (from 30 to 80). However, many suckers anticipate more than the 20%, to fail miserably.