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You say "average trader" but I suspect your sharpe ratio (or other metric) is better than a hedge fund. Your CAR is probably much higher too. One thing I think people forget about us vs. the big guys is that we are managing our own money so we can take on greater risk and therefore greater returns. A fund that suffers a 20% drawdown isn't going to have many clients left, lol. Whereas for us, we keep going knowing withdrawing funds right there would kill our ability to reclaim loses.I do enjoy this forum to help with the benchmarking. When I'm in a drawndown or have a bad week, there is comfort knowing that others are in the same boat. That is, my loses aren't an aberration.
You say "average trader" but I suspect your sharpe ratio (or other metric) is better than a hedge fund. Your CAR is probably much higher too. One thing I think people forget about us vs. the big guys is that we are managing our own money so we can take on greater risk and therefore greater returns. A fund that suffers a 20% drawdown isn't going to have many clients left, lol. Whereas for us, we keep going knowing withdrawing funds right there would kill our ability to reclaim loses.
I do enjoy this forum to help with the benchmarking. When I'm in a drawndown or have a bad week, there is comfort knowing that others are in the same boat. That is, my loses aren't an aberration.
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