A successful trader also constantly analyzes his mistakes and adjusts his strategy based on these mistakes and shortcomings.
After 11 years of perfecting a strategy with 15+ years of backtested profitability and a 140% ROI on a live account, attracting investors remains challenging. Is it skepticism toward automated strategies, market saturation, or overlooked potential? Investors, what factors do you prioritize when allocating capital? I'd love your thoughts.
One of the New Market wizards said there are 3 kinds of people, 1) Will never invest no matter how good the sales pitch or product. 2) Will invest after doing due diligence. 3) Will invest with little or no questions asked if the sales pitch is good enough. If the OP is not even getting #3, it is because his sales pitch is not very good. Of course I would advise the OP to not find investors at this stage, because his system is sus. And he will probably lose money for those poor investors who do fall for an improved pitch.
To clarify... during my "Golden period"... 1. I was personally making an average of $15,000/day* 2. My fee-paying clients collectively made even more $Millions.* *"Price TA... KISS, baby" works the same now as it did back then. Price TA works in all markets and in all time frames. It's simple... Price TA indicates when "the market is buying" and when "the market is selling". Get on the right side of that and you cannot fail unless YOU screw up. FWIW...
I know where "you're coming from". If I were still managing OPM, you'd have loved my work. Your requirements are "spot on". I was always "disbelieved" until my audited performance (over 3 YEARS) was reported in IBD and Barrons via the U.S. Investing Championships. I was the guy you are looking for now.
Some years long term system has 1% winning trades, cause of hedging 97% of breakeven overall and 2% of various losses. And yet profitable years since 1991. Great years, system tops out at 9% winning trades where system does homerun profitable with add ons. I rather concentrate on drawdowns than profits as I have gotten older.
Really only one. You play your "analysis trade" as best you see it.... then place a stop in case your play is wrong. It's not a tragedy to "exit what would have been a bigger win, too early". It IS a tragedy to allow the market to run against you too far and severly harm your capital. Suggest... If you're going to make a mistake in judgement, at least let it be for "protecting capital".
Why traders with >100% CAGR need OPM? Compounding a small initial investment will in a few short years generates generational wealth and you don't have the headache of dealing with a client.