Dial it down first....Trade with less exposure and lets see what the Yield to Drawdown ratio can become...try to beat 25%:15%.

Rememember measuring drawdown is simply not peak to valley...I mean intraday equity balance (includes float and strings of banked losses) from highest banked balance...

Institutions and accredited investors will line up to join your fund...you do not need me...(your think too small... add a zero and look at a 10 mil fund)

ES

__________________
ElectricSavant Challenge™ (Ends 10/09/08)

Live Portfolio (This takes a while to download as it is a big excel spreadsheet)

You see... most managers will shy away from Yield to Drawdown Ratio.

This single ratio that I have not seen reported by ANY manager, is quite revealing. It shows how robust their trading system is. You do not need much else...you do not need winrate...profit factor....etc...

It is a floating accuracy and they can not confuse you with size...betsize....exposure....leverage and other things...

All you need is Yield to Drawdown ratio in percent on two years or more of live trading assuming there is a good sample size.

This is as important of a concept that taking random entries on a large and long sample size of trades for backtesting purposes is.

ES

P.S. Trading or Investing does not mean that an investor or a trader necessarily needs to change his expectations that he has cultured over years of discipline. What I am discussing here and in my blog is how to PRESERVE CAPITAL.

__________________
ElectricSavant Challenge™ (Ends 10/09/08)

Live Portfolio (This takes a while to download as it is a big excel spreadsheet)