Buried in one of @WXYZ's posts he asked how traders did in 2020. Not asking about investors here. Strictly traders. Thanks.
The trading account turned a beat of the S&P 36% vs 28.7% since May 1 when I started it. I managed to exit our buy and hold retirement accounts with Invesco after a 10.4% drawdown by the end of March, missing the last 6% drop or so, but the money was trapped in MM funds with them for almost 6 weeks before it was transferred and available at TD Ameritrade, missing the 12.7% April bounce from the bottom. I'm trying a strategy to limit or avoid drawdown, even if it doesn't do quite as well on the uptrends. Net for the year was +13.3%
I sold off everything a few days before the end of February, so missed the very large majority of the huge dip. Got back in about half way up the recovery, so a little late. Had an average year all things considered.
@anotherdevilsadvocate idk how much sarcasm was placed in the still learning comment at this moment, but i think your analysis is awesome. The only reason i don’t chime in more is because i feel mine is too basic to add to anything you say. And you confuse me with studies i havent taken time to learn to implement with conviction.
