Comment on Mr Consistent returning incredible returns

Madan commented on 06 Jan 2014, 09:18 AM

Sambit,

1. I don’t believe market is getting manipulated by anybody (esp in Index futures)….Stocks could be a possibility. And, even if we assume that they watch our position – i really think we don’t matter to them individually. They might push up or pull down a bit at important support and resistance levels to shake weaker players out. But, none of these things can be proved statistically.

2. Nope..i go with same position size. But, if there is a huge announcement pending from FED, i might reduce my size by 20 %

3. I don’t scale up or scale out. Until this point of time, i always do all-in/all-out..As i said earlier in this blog, if i do scale out, i will have to test every exit as a separate system.

4. I believe a traders edge (outside of methodology) is largely dependent on how good he can manage the money. So, my MM rules are working just fine so far. I am just fortunate enough to follow it to the dot.

Hope it helps.

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