The Wild West / independentNtrading / Little Whale Addition

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There is nothing wrong with some extra returns but remember you already double your money each 9 till 10 years comparing that to an mutual fund your considered good. Remember .... Nothing beats compounding interest.

Reading your story makes me believe your searching for answers (what trading style,risk, strategies etc etc). Reading your life revolves around this market and you having a business background imho you should write your goals (for the next couple of years) on paper.

The goals are a starting point for the puzzle on what approach to take to obtain those goals


For example:

You want your average returns to increase from 8,6% to 15% for the next 5 years starting with 1 million.

1. Analise your current situation
   1. A lot can be improved including
      1. entries & exits
      2. money management
      3. personal habits
      4. trading system

After analyzing your current strategy you improved your average returns to 9,5% ... still 5,5% to go.


After analyzing current market conditions you noticed the telecom sector is undervalued due to a recent economical event. One mayor blue chip is cheap so you buy it big since market analysis indicate people still keep using their phone and the company is healthy. You exploited the current market condition and although returns aren't realized in a few days future average returns will befit from this.


Still you want some more action trading short time frames since your life revolves around this market. You start building your tradeplan aligned with your new system and after a couple of months backtesting you'll try it on one product (CL for example) which you're going to master inside out. You start to know the behavior of CL and what drives oil market.
You start with 5% of your capital (50K) and with your aggressive trading style you make 20K or 40% return.

The first year now looks:

1M start capital
95% -> proven strategy (950K * 1.095 (9,5%)-> 1040250
5% -> oil strategy 50K * 1.4 (40%) -> 70000

the above will result in 1110250 or roughly 11%


The second year:

90% -> proven strategy with some nice returns from your telecom blue chip (999K * 1.12% -> 1118880
10% -> oil strategy 111K * 1.25 (25%) -> 138781

the above will result in roughly 1,13%


The above could be an approach to solve your situation but it's based on assumptions on the stuff i am reading and some chats.

I don't think you should become an aggressive trader in order to increase your annual income (although it may be one of the ways to solve your problem, but it is not necessary). In fact, you can follow any of these paths:
1. You can choose other strategies to include more assets in your investment portfolio.
2. you can increase the time of your trading sessions in order to devote more time to this particular case.
3. you can connect fundamental analysis, which will give you the entry points that have the strongest movement potential.
To understand what is right for you, try to analyze your statistics, your work. It will really be useful for you.

You're worried early - you have a small but quite stable indicator, which many people do not see even after years on the market. In fact, you should understand in more detail the strategy that you use, because it seems to bring you money, but not in the amount that you need. Perhaps you are really overly cautious and you should try to use a higher percentage of capital, although it is still dangerous to give you such a recommendation if I don't understand what kind of capital you have and whether you can afford it. So for now, this is just a sketch that you might need. Try to find smaller entry points on those assets that you understand well.