As an intending trader understanding that with experience and risk management the key to trading, the less guesswork there is around entry and exit points, the better.
My problem is I started so good I thought I was invincible. My first swing I made almost 300% and thought I was just a genius I was humbled very quickly when I realized I was much more lucky than smart
This stuff isn’t easy but it’s possible with the right info. My advantage lies in tapping into the expertise of a pro, she shows me the ropes and I benefit from using her strategies, find it more rewarding than trying to make sense of all the books and UA-cam videos, many of which contradict each other.
This is hands down the best and most honest trading performance review video I have ever seen posted on YT. Thanks for all you do Jason...you are a value to the community.
Thank you for sharing. Financial education is crucial today to show incredible resilience and discipline in the volatile market, masterfully balancing strategy and insight for success. This dedication to continuous learning is inspiring...managed to grow a nest egg of around 2.1BTC to a decent 15B TC in the space of a few weeks... I'm especially grateful to Linda Wilburn, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape..
The key to financial stability is having the right investment suggestions for a diverse portfolio. Many investment failures and losses happen when you invest without proper guidance.
You started making money as soon as I stopped making money this year. I’m a momentum trader so our equity curves look exactly opposite from one another, strong Q1 and a flat Q2 :)
Short & Accurate. Deep knowledge Jason. It reminds me of days when I studied my poker results. Time of sample is irrelevant (for statistics) - is all about volume. Hardly draw statically reasons, why your winning trades generates less avg return. I think it comes down to simple reason we are in strong trend following type of market. There are less big winners of your trade. Now downswing actually depends more on ITM(in the money) than ROI (returns). Higher ITM + higher leverage = same volatility and default risk = lower ITM + lower leverage.
You are so freakin cool, man. I really hope to be a part of CMR someday; just the obstacles of life get in the way. I am sure it’s great value. Keep on keeping on.
I am lucky enough to be at a spot that I am at today and understand this is what legitimate trading looks like, unfortunately newbie traders look at the spreadsheet and just walk away because they're like "what is this, 11% return, what, i can make that in a week" and people will go to some glorified trading channels and eventually learn it the hard way assuming they eventually learn and that's a big assumption.
i gotta say selfishly as a contrarian that fact that you only have 32k followers means we're in the right place. new subscriber and member, great content 🤝
Thank you Jason, your sharing the process is seriously helping me re quantify and tighten my own process. Thanks for sharing your expertise to us small fry.
Just read your excerpt in the new market wizards book and have been following a similar process myself in commodities trading (mostly focused on metals/energy). I was happily surprised as a new trader when I read that you view the COT report and try to position yourself on the side of the commercials, something I started doing early on and am happy I did. Will definitely be following along! I'm also going to take the idea of tracking your stops and the risk to reward on every trade - do you look at that metric at all in your portfolio reviews and try to assure you're at least a 2:1 or something on average?
These are great results. Would you consider it a danger signal to the overall system that the bulk of the profits relate to such a small number of the trades in your sample set? For example, you’ve stated your entry is somewhat discretionary. What if you’d chosen to not take the small number of signals that produced the majority of the profits. Not trying to be argumentative, just applying the rules I’ve read in books (such as those by Robert Pardo, Kevin Daley, etc ) on systematic trading. Thank you.
Hello. You emphasize the importance of obvious news failure. I checked all 20 trades in this list and I could match only 7 of them against an actual news failure. Also, your best trade (short cotton) stop loss point was not according to the process - it was set at the high of the news reaction instead of the high of the day. Had the stop loss been set strictly according to the process (high of the day), the position size would be more than 4 times smaller, and the result of this trade would be only +2% instead of +8.2%. If the process was followed strictly (obvious news failures + stop placement) the YTD would be +4% only (and even lower if size was not cut on Swiss Franc trades).
He posts all his trades....that he won lol. No mention of his open trades deep in the red that he shorted and declined to close because it looks bad on the score card.
Would you by any chance share us the excel template to manage your portfolio? I'm learning a lot from you and would like to follow every step if possible
Thanks for sharing...Your anticipated return (15%) / expected max Drawdown (5%) = 3.. For you/your clients is the ratio more important or the max DD %..eg return 45% / Drawdown 15% is same ratio...Thank you
Hi Jason, the initial capital is stated to be 10mln but in the graph it starts below, meaning the return could actually he higher than what you have shown in the video. Am i missing sometning?
Jason, I'm no statistician, but I was wondering if the correlation should be measured on the days when you have a position on vs. the CTA index, rather than all days since I'd imagine that correlating days when you're flat i.e. 0% return days against the CTA index which is going to be up or down on most days, might skew the correlation somewhat. Just a thought.
As an intending trader understanding that with experience and risk management the key to trading, the less guesswork there is around entry and exit points, the better.
How so? I put in a fair amount over a year ago but I’m barely breaking even, lol I feel so dumb
I think it all depends on how you choose to approach the markets. Started with 55k last year and thus far I’ve grown my portfolio to about ~$480k :)
How did you manage to reach such figures? Based on what? Fibos? Moving averages? Price action? Care to elaborate
My problem is I started so good I thought I was invincible. My first swing I made almost 300% and thought I was just a genius I was humbled very quickly when I realized I was much more lucky than smart
This stuff isn’t easy but it’s possible with the right info. My advantage lies in tapping into the expertise of a pro, she shows me the ropes and I benefit from using her strategies, find it more rewarding than trying to make sense of all the books and UA-cam videos, many of which contradict each other.
This is hands down the best and most honest trading performance review video I have ever seen posted on YT. Thanks for all you do Jason...you are a value to the community.
Thank you for sharing. Financial education is crucial today to show incredible resilience and discipline in the volatile market, masterfully balancing strategy and insight for success. This dedication to continuous learning is inspiring...managed to grow a nest egg of around 2.1BTC to a decent 15B TC in the space of a few weeks... I'm especially grateful to Linda Wilburn, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape..
Linda Wilburn program is widely available online.
I appreciate the professionalism and dedication of the team behind Linda’s trade signal service.
Trading with an expert is the best strategy for beginners and busy investor s who have little or no time to monitor their trades.
The key to financial stability is having the right investment suggestions for a diverse portfolio. Many investment failures and losses happen when you invest without proper guidance.
It was quite challenging to understand the different trends on my own until i found out about Wilburn. Trading made easy.
You started making money as soon as I stopped making money this year. I’m a momentum trader so our equity curves look exactly opposite from one another, strong Q1 and a flat Q2 :)
Short & Accurate. Deep knowledge Jason. It reminds me of days when I studied my poker results. Time of sample is irrelevant (for statistics) - is all about volume. Hardly draw statically reasons, why your winning trades generates less avg return. I think it comes down to simple reason we are in strong trend following type of market. There are less big winners of your trade. Now downswing actually depends more on ITM(in the money) than ROI (returns). Higher ITM + higher leverage = same volatility and default risk = lower ITM + lower leverage.
You are so freakin cool, man. I really hope to be a part of CMR someday; just the obstacles of life get in the way. I am sure it’s great value. Keep on keeping on.
Jason sharing some of the gold, here. Helping me to be more disciplined in my approach to the markets.
I am lucky enough to be at a spot that I am at today and understand this is what legitimate trading looks like, unfortunately newbie traders look at the spreadsheet and just walk away because they're like "what is this, 11% return, what, i can make that in a week" and people will go to some glorified trading channels and eventually learn it the hard way assuming they eventually learn and that's a big assumption.
i gotta say selfishly as a contrarian that fact that you only have 32k followers means we're in the right place. new subscriber and member, great content 🤝
Thank you.
Very nice and honest report. Alot reapect to trader like this
I liked the subtitles 👌🏼
Thank you for sharing. Very insightful.
Thanks for sharing!
Great content as always!
Great video and thanks for sharing!🌞
Awesome Video
Thank you, JS, for your insights.
interesting to see how big an impact one trade can have on overall portfolio performance. Quality of a trade as opposed to quantity of trades.
Thank you Jason, your sharing the process is seriously helping me re quantify and tighten my own process. Thanks for sharing your expertise to us small fry.
Glad it’s helping. Thx.
Thanks dude
Just read your excerpt in the new market wizards book and have been following a similar process myself in commodities trading (mostly focused on metals/energy). I was happily surprised as a new trader when I read that you view the COT report and try to position yourself on the side of the commercials, something I started doing early on and am happy I did. Will definitely be following along! I'm also going to take the idea of tracking your stops and the risk to reward on every trade - do you look at that metric at all in your portfolio reviews and try to assure you're at least a 2:1 or something on average?
These are great results. Would you consider it a danger signal to the overall system that the bulk of the profits relate to such a small number of the trades in your sample set? For example, you’ve stated your entry is somewhat discretionary. What if you’d chosen to not take the small number of signals that produced the majority of the profits. Not trying to be argumentative, just applying the rules I’ve read in books (such as those by Robert Pardo, Kevin Daley, etc ) on systematic trading. Thank you.
Hello. You emphasize the importance of obvious news failure. I checked all 20 trades in this list and I could match only 7 of them against an actual news failure. Also, your best trade (short cotton) stop loss point was not according to the process - it was set at the high of the news reaction instead of the high of the day. Had the stop loss been set strictly according to the process (high of the day), the position size would be more than 4 times smaller, and the result of this trade would be only +2% instead of +8.2%. If the process was followed strictly (obvious news failures + stop placement) the YTD would be +4% only (and even lower if size was not cut on Swiss Franc trades).
perfect
I'd love to see Gareth Soloway's' 6-month portfolio review and its P&L. lol....
ask him to post it
He posts all his trades....that he won lol. No mention of his open trades deep in the red that he shorted and declined to close because it looks bad on the score card.
Would you by any chance share us the excel template to manage your portfolio? I'm learning a lot from you and would like to follow every step if possible
Thanks for sharing...Your anticipated return (15%) / expected max Drawdown (5%) = 3.. For you/your clients is the ratio more important or the max DD %..eg return 45% / Drawdown 15% is same ratio...Thank you
clients have the option to lever up those returns if they so choose
Good day, can you do an analysis about Intel corp thanks.
at least you are transparent (I hope)
Thanks for all your insight and transparency Jason! So when are we going to hear you riff on that Tele back there on the wall??
Someday maybe. Still learning how to play.
why considering grains different than softs as asset class?
Hi Jason, the initial capital is stated to be 10mln but in the graph it starts below, meaning the return could actually he higher than what you have shown in the video. Am i missing sometning?
think you looking at the wrong line. the green line is PnL. the light blue is account size
11% with all the effort and time cost. So would be better just putting it in the S&P500 ?
such an ignorant observation.
Possibly. Just putting it out there. The results are the results 🎉
risk-adjust
Jason, I'm no statistician, but I was wondering if the correlation should be measured on the days when you have a position on vs. the CTA index, rather than all days since I'd imagine that correlating days when you're flat i.e. 0% return days against the CTA index which is going to be up or down on most days, might skew the correlation somewhat. Just a thought.
Have to include all days to get an accurate read, regardless of position. Have no position is part of the process and having no trades is a position.
I noticed the stop and exit price for losing trades differ, aren't stops mechanically executed?
there is slippage
@@Jay-jd1bi too high, slippage is usually under 0.1% in a liquid market, moreover it looks some differences are adverse and some beneficial
its easy to understand if you actually take the time to learn what he does.
So you're uncorrelated returns guy benjamin talked about 😉
real traders laugh at that return...
real ignorant traders sure
Sup
❤❤❤✝️✝️✝️