Spread Strategy:
I am at $3,000 on a $12,500 base. Since I added money to the account going from $5,000 to $12,500, I need a different measure of performance. I have taken IRR as that is the industry standard when new money gets added, and also gets done in my venture capital industry. The IRR I will calculate is on a daily basis and my target is to get to 0.7% as my strategy clocks out on that long term (after transaction costs and bid-ask slippages). I am at 0.58% today. Below graph is just the portfolio value versus the input money. Next one is the evolution of the daily IRR:
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