That is a good point. And perhaps my view of what is acceptable or not is a bit skewed from seeing the journals of others here. Many traders here (and others like Radge) definitely did better than 30%. For a first system, though, it's certainly not bad. Could it return that every year? Who knows. All of my trading strategies are trend following and in the ASX. So the other system would be for diversity.
I currently trade,
daily trend following (though it is surprisingly slow).
weekly MAP
And possibly a MR on the Russell3000?
Other: As others know I also trade a monthly momentum strategy in my super.
Taxes have been more difficult this year with the number of trades using the weekly system. I find IB better with reporting too, with the ability to customise outputs for reports. I have to double check, but I also remember you can generate round-trip reports too (which is important for my tax returns). Other issues, with CMC, if my position got bought out it just disappeared and then I'd have to wait for a cheque to come in the mail. All of this isn't quick which means my money is tied up in that process and not able to be redeployed (which is very frustrating).
I have a few different systems to choose from (buy Radge's MOC/long strategy and modified it for my purposes, or his MR strategy for the Russell3000). Temptation is to take my gains from the MAP, add in some savings that I haven't deposited yet, and have the new system with an equal starting foot as the MAP system.