%% Good Fed comment+ post #4. I use a benchmark 80% cant beat=SPY [good average] benchmark; I sure did NOT beat SPY in JAN + FEB dong 10% single stocks. 90% doing other stuff,[JAN, FEB], so fine . I get a monthly print out with quite a few measures; I use YTD-2023 ,weekly..... ; 10 year ETFs, measure. JULY[as of today close] is strange month in one way; the normal underperforming[v SPY benchmark ] Oil + Gas services up ticked positive YTD[normal loser in 10 years average.] BUT i like some drawdowns , may beat SPY benchmark; + some stuff shorter term, with just get out like SPXS loss today + related LOL. I did not make 18% net last month[JUN,2023, but better than average.] Good timing , your post #4.
I think you should provide some context for your returns. AUM, strategy/asset classes, and leverage. otherwise we’ve seen this story before. Guy comes on here for a few months claiming massive returns. Then he’s never heard from again (he blows up). based on your other posts, my belief is that you are trading a tiny account, taking tons of leverage and running a strategy that doesn’t have an inherent edge (you are “guessing” which way the market will go). you will eventually blow up.
You have your own hedge fund and yet you still need to trade with prop trading firm? Since you are so great at making such impressive returns, why don't you close your hedge funds, return all the money to those idiots who even want to limit your returns and trade with prop trading firms exclusively instead?
It is not my own hedge fund. I am just one of the traders there. And adding additional capital from prop firms is lucrative, as it is no risk for me.
No. But I will take on some risk doing trading on personal accounts later, when it starts getting boring and I cannot compound on profits anymore substantially.