Just out idle curosity, who is this "we" that you now constantly refer to?
Are you not solely responsible for all trading decisions and the fate of your investors funds?
Sorry for asking, but it's just that this (CNBC analyst-esque) "we" reference has become a bit tiresome, imo.
Also, it was refreshing that you posted about your poor (big drawdown) day recently. I was beginning to wonder if you had magically become immune to such days as a result of starting your fund. I was thinking that all I had to do to make 60+ times what I can get from my bank -- was just send my money to you!
Best of luck and "keep it real" ! At least here...
In considering my performance this year, as good as it has been, I feel I have two areas for great improvement. Things are complicated as they relate to them, and my own personality/style.
I am a gunslinger type trader for sure. At least my natural state is. This doesn't necessarily mean I won't be more profitable trading in another way. I understand that I have to trade in a way that is best for me personally... both for my emotional state, and self fulfillment/satisfaction. I am consistently inspired by @PandaWarrior with his selectivity. If I had more of that, I think I could make 100 average ticks per contract on most days. Right now, I only make 20-30 on most days. Actually, a goal I've been considering is to go for 100 average ticks per contract per week. It is frustrating knowing that I'm capable of more, but not reaching that level of performance at the moment. This brings me into my next point...
2. Continuing to Trade
I often shut down the day after some level of success or if it gets to around 11AM CST. It may be all I am capable of. I am so focused and taking so many trades that I often get somewhat tired after a few hours (I start trading shortly after 6AM these days). Most days, in hindsight, if I were to do area for improvement #1 (be more selective) and number 2 (continue to trade), I see that I could have made those 100 ticks in a single day. As I said before, I don't know if I am capable or not. Either way, if I am not, I'll be ok with my current level of consistent trading success. It's not that I will be complacent, because I'm always looking to improve, but if through my continual improvement, if I can only be as profitable as I am now, I'll be just fine. I'm wanting to make a push for more peak performance though. So you'll see me talk about this a lot going forward.
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You are doing a great job of being consistently profitable. Why did you move from TF to CL?. If I am moving to CL from TF, I could expect my profit to go up 2 to 3 folds else not trade CL as the drawdowns to much more severe on CL.
In my opinion, you could easily make more than 20-25 Ticks just by going to higher tick count and being selective in trading.