syswizard 

So how many contracts would that be for NQ ? He claims he is already up to 9 contracts. He has not divulged his betsizing methodology. Also, he has decided not to diversify into other instruments (CL, ES, etc). I wonder why ?

Because now I prefer working with the best metrics of a instrument, in this moment is NQ (momentum by my strategy), my limit are 10 lots after if my account grow then diversify into other instruments. Ages ago I had bad experience with more instruments with bad management risk.




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Alvaro Martinez 

Ages ago I had bad experience with more instruments with bad management risk.

With NQ, what is your % of losing days ? 10% ? 20% ?

syswizard 

With NQ, what is your % of losing days ? 10% ? 20% ?

In the previous thread you have all metrics of NQ.

tigertrader 

he would have to be able to scale his strategy 5X to make what he is currently making

Please, could you explain this? Thanks


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Alvaro Martinez 

In the previous thread you have all metrics of NQ.

You should know that number off the top of your head.

syswizard 

You should know that number off the top of your head.

2 % max daily


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Alvaro Martinez 

2 % max daily

That's not what I asked. I want to know how many days in the past 20 days resulted in a net loss ?
2 days = 10%, 4 days = 20%

syswizard 

That's not what I asked. I want to know how many days in the past 20 days resulted in a net loss ? 2 days = 10%, 4 days = 20%

Never I had + 20 % DD. 20 days: 5% up


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Alvaro Martinez 

Please, could you explain this? Thanks Sent using the NexusFi mobile app

This is going back 15 years to 2007. I had a BIG year and I contacted a Wall Street firm who was looking for portfolio managers /third party managers for their own account. They provided the infrastructure and the capital. Of course, you had to have a track record, and implementable and scalable strategies. Unfortunately, they didn't allow remote trading. You had to trade out of their office in Manhattan. I don't remember the exact details; but, after all was said and done, I would have had to make 5X what I had made that year to match that years income. Given the capital, I felt that goal was obtainable, but I didn't want to move or commute to NY, so I turned them down. Never regretted it, either.