The main topic is how to prove (explain) their return. One of them might be Buffet's written statement, as in http://www.berkshirehathaway.com/letters/2015ltr.pdf What is other way to prove his/her equity curve? One might be saying "Over the last 10 years, my curve is ALWAYS between 10% and 20%, over the index change." - This is 15% in average. / However this is a lot better than saying "ALWAYS between 5% and 25%" / Of course everything is annual compounded return.
Yes it took me a long time to be profitable considering you are starting in the whole with commissions and slippage. It makes sense that most traders are not profitable. I am really speaking to the traders that claim to be experts. I have not come close to reading all the threads but I am sure there are many on here that claim to be experts and I want to give them the opportunity to show they are. I also want to provide the beginners a real way to know who the real experts are. Granted I understand every trader is not profitable every year but as long as they are outperforming the S & P over time I would call them an expert. Maybe my definition of an expert trader is different than most? Hey if I am not an expert I will admit it! For example my grammar, I am terrible LOL
I am not sure of the best way to prove your returns. I will leave that to the trader who shows them. I take snap shots and or video of my account every day.
For many on ET grammar is more important then trading knowledge. Their remarks about grammar pop up all the time in discussions, especially if they run out of real arguments. So watch your grammar if you ever get caught in a discussion.
LMAO! Yes I have seen that, and I never took grammar very seriously because I have been focused on how to make money using math! I guess I am a bottom line kind of guy.
I was about to write "yes you are the only one",but since your journey took you 15 years who knows.Myself it took 10 years.You need to understand people are paranoid,nobody serious will post this kind of staff,quite the opposite "i know nothing" and no interviews. If you worked a job you didn't like or simply struggled or had to put 45 hrs for basic wage,any of these then you understand value of money.That period is fucking hard and i could not see myself or anybody rational to put their "A" game on display in some video.This would be over my head.If you done well for yourself congratulations,leave others alone. If you still want to look,you should search posts of a member "intradaybill". In scientific manner he tears to pieces many guys who put their stats up for review.
I am not sure what you mean by "Over your head"? When you say leave others alone, I don't mean to offend anyone. I guess one of my points is that if you are taking advice from someone make sure they are credible, and the number one way I gauge credibility is proof of returns. I appreciate your feedback and info on intradaybill. Thanks Let me throw this out there. I trade 3 separate black and white ruled systems and two are working towards profitability YTD and one showed profits last year the other is new. Those two are using a minimum amount of my capital a vast majority of my capital is using my top system which is very profitable. Of course I am up overall.
In my experience every trading system however good has weakness. Do you understand your system's edge ? Do you understand your system's weakness? then Do you think if market attacks its weakness can you survive ? if yes to all then you are golden... The fact that you seek validation from others is not a good sign. That means you do not understand 100% what you are doing.