Hello everyone,

Welcome to my journey, here you will find different portfolio metrics, how I’m approaching the markets and what are my thoughts.

First of all let me introduce myself. I’m a systematic trader which uses algorithms to trade but I also use a discretionary module in my algos, hence the algos can’t be used by anyone, so please don’t ask me about my source code.

Second, I would like to clarify that I'm not selling anything. The algorithms are too complex and because were developed from scratch by me on my own infrastructure it has too many moving parts to be used by anyone else. My infrastructure is proprietary, period!

Third, I’m impressed by the level of misleading informations floating around here. Ignore people who are talking about: huge profits, pips, EA selling, news trading and so on.

I have some institutional experience(infrastructure) and trust me when I’m telling that is absolutely impossible to generate double digits % return every month! You can go to Morningstar, Barclayhedge or any other HedgeFund database and you will see that professional participants do not advertise or seek double digit returns per month. Actually they are not advertising at all, because they are not allowed and their ethics know that is not possible to guarantee a profit, not even 1% per year.

The reality is that a 20% profit per YEAR is amazing! Indeed there are outliers like Renaissance Technology which are doing around 40-50% per year but they are from another league. They hired mathematicians and brilliant people from nasa, bell labs and so on and they are closed for outside investors.

Regarding the Draw Down, always check the DD computed on day-to-day of net asset value, not on balance. A professional drawdown is maximum 10 or 15 %, if you are reaching 20% then there is a problem.

To calculate “risk exposure” do not use the distance between entry price trade and SL. That number tell me absolutely nothing. Instead, professional traders use a sort of Value at Risk model because it can take into account different factors like volatility and correlation matrix between positions of the portfolio.

More to come in the following posts.