We’re getting close to a situation where a vendor who advertizes his system several times per day is going to delete replies of critical individuals. In my opinion that is an unbalanced situation. I suggest that if a vendor chooses for a publicly visible forum then he should not have the power to delete posts. If he wants to delete posts then he should restrict the forum to subscribers only.
If that would happen to my posts I would simply terminate my contribution to that vendor’s forum and ignore him. I couldn’t care less if the vendor keeps posting several times a day, while his equity curve speaks for itself.
I will express myself as I freely do and there is nothing ‘wrong’ with what I am doing. I know what to expect from myself and in good conscience I execute accordingly. That’s not to say that there won’t be those who post - for whatever reason - on ET or C2, that are basically negative.
I use this as an opportunity for myself to grow and all is fine. My trades at my site have racked up 50% for my subscribers to view in the past 52 weeks. Those that don’t believe me and go the extra step to point things out that they see oppose this fact, simply are calling me a liar - but that is not my problem.
I still stand by C2 and the opportunity it will provide for me to execute a successful equity curve. If people hope to hinder my possibility in doing so with their posts - more power to them…but this will NOT be the case.
IOC was an extremely unique situtaion, and with the market dictating caution for my strategy…I’ve learned a bit this past week. Initially I was a little taken aback or ‘gun-shy’ to the point that I had to see for myself that the stock’s decline was (more) ‘stock-related’ and not ‘market-driven’. This ‘faltering’ basically caused me a delay of one day (since Friday) or maybe a few to basically get into another position.
Right now I have an abundance of excellent selections that are slightly more conservative to begin - once again - phasing back into the market. Usually I’m very conservative at this stage - when we are due for a correction, however I will continue to let the market be my guide and it says stay the course. I will be adding an ‘extra’ 2-3 positions - like ST suggested - at this juncture. Probably 1 every 3 days after 2 or one ‘larger’ one on Monday - instead of 1 ‘larger’ one every 5 days…as the market allows - to perhaps be ‘allowed’ to get fully vested for JUL-AUG period…we shall see.
AKS, JADE and POZN were cut due to my caution in anticipation of a sharp market decline, as this likely would have erased my KC.com (at the time, 10-12%) YTD gains and I TRY TO
AVOID THIS. That was a moot point when IOC imploded quite unexpectedly (seems something like this ALWAYS happens despite my efforts…even still I did ‘save’ a couple of percentage points from losses). I’m still up 5% at KC.com
See DD is acceptable: http://www.kingdomcapital.com/performance/current/currentperf3a.htm (and yes this is ONE month at C2)
- but that is beside the point. I’m not trying to make a whole lot of money right now…I am trying to avoid losses. Either way after a correction, in 2-3 months I very easily go exponential. Were AKS, JADE, POZN or for that matter IOC bad to get into? No, but that’s now over. Can I make gains from here? In this market - maybe. Until I unfold a modification to this strategy - which I soon will, I want to keep this one exact with what I’ve been training members for years at KingdomCapital.com. NO protective puts, no WOTM index spreads, etc. to minimize losses/juice gains. Excellent results will still unfold - but likely at the low end of returns due to late-bull market.
And yes, I ‘could’ve’ VERY EASILY saved 3% of the 7.5% IOC drawdown by simply going naked on the short option position and sell the stock first (the Jul 40’s are currently quite worthless) - but again THIS FUND will stay within parameters given members thus far at KingdomCapital.com - stricly a ‘covered’ call fund.
The bottom line is I am egged on by inception with this fund at C2 - that initially led to marked drawdown. And then by all the unfolding ‘negativity’. Should I change anything with my approach to management? Probably not. Will I? Yes, a bit (slight increase to positions - a bit more conservative (stronger stock/ a bit less volatile - but still a good 5-6% monthly return possible).
You see, I am content to sit and wait for the market to correct, since I know I will call the bottom within days and rack up some very substantial, impressive gains. For this strategy, I do this very easily. The main point for now - and some may learn from this - is to preserve (as much as possible) the previously compounded gains.
I know you haven’t actually seen this and there are a handful of persons that are bent on seeing this never happen - because I am ‘dishonest’ (steal phrases for my own personal notes), am misleading ‘newbie’ investors, am encouraged I can do well with this interface - but I am a liar, won’t, am just arrogant, conceited and self-decieved so let’s keep reminding the masses - “I said I should make the top ten of C2 (stock) funds”, over and over again and accomplish ???.
I’ve done a little study this past weekend and I’ve come up with some doozies. First off, many an investor has not experienced salvaging gains after they have been easily racked up. Take late 90’s up until 2003. This period basically shell-shocked many an investor out of the game as their confidence was crushed. Long-term investing with dollar-cost averaging does work - hopefully they are still invested in this fashion. Personally, I think most should spend considerable time thinking how they are going to limit losses to their own funds instead of which system is racking up the quick buck right now.
We have been in an extended bull market since 2003. The easy gains have been made. Market cycles will eventually unfold that will allow for more subtantial gains to be made again - but in the meantime…many will get washed away with the tide and permanantly taken out the game.
That being said, C2 has been around a few years during this optimal period. I’m not exactly sure how many stock funds have even made money and still look attractive through the corrections - which we’ve had EACH YEAR. I’ve seen (cursory mind you - and my hat is off to them) Tango and Extreme-os and how they make money [up to 1/4 of fund daytraded (over 2 -3 days) - on stocks I (mostly) can’t figure out why were picked, liquidity issues - not to mention timing, computer glitches, exteme drawdowns (individual stock positions) for minor gains etc.].
So these have survived ‘scalping’ $1,000 here and $1,000 there on $250,000 to rack up a nice 100% annual average. Seems last summer’s correction was handled well enough but paltry gains this year (that might’ve compounded powerfully with this? apporach) and the choppy action they are seeing (me, too) now. MANY systems have done well since last summer for about 6 months (again, like me). My hope is expected for the subscriber’s well-being and benefit. When this thing gets crunched… vendors are definitely going to be in the spotlight.
I’ve seen myself time and again make 50% in 4-6 months and just sit our in cash the others. And I will continue to do fine even if I bide my time in cash, churning trades (ytd KC.com), or spastic dd here and there (recent at C2) - to go back up the next 2-3 weeks. These DD’s will all be made up - but I always try to keep these to a minimum.
Which brings us to our current situation.;).
The -point of this thread is not if you are right or wrong. My point is that if you are allowed to express yourself publicly then others should have that same right in the same forum. You threatened to ban some people from your forum.
Yes…and perhaps the ‘intent’ of our posts should lean more toward being constructive - not bent on seeing one cast in a disfigured light (for whatever reasons).
Gilbert
I think that posts should be able to be “hidden” from any of the public forums instead of deleted. That way the forum moderator (aka system developer) can “hide” posts from view that impede the thread’s flow, but leave it up to the reader to “uncover” these posts for him/herself.
P.S. Gilbert: Maybe I’m lazy, but I usually only read a post if it is less than 2 short paragraphs. Leave the novel writing to MK. 
I tend to agree with you Chris. I would love to start a forum for my systems. The only reason I don’t is because I am sure Thumper and the gang would gift wrap it and stuff it in my ear. Don’t know what can be done about this forum situation but it is clear the forums are not being used for the good of the site. I have often wondered how much business MK is loosing do to the hostility.
I agree that there’s a lot of hostility on C2. I’ve had times that I was seeing so much crap that I was close to terminating my contributions (perhaps that would still be a relieve for others, lol). I guess the best thing is to address a person directly if you feel irritated about his behavior. If the majority is irritated by the attitude of just one or two persons and makes that clear over and over again, I’m sure those individuals will tone it down and leave eventually. That seems what happened with Pal. He didn’t have any friends on C2 and got more and more isolated.
2 All: Please forgive my system thread-related musings I’ve cluttered this forum with. I shall try harder to keep things brief or not comment at all. I did get out of hand, ad nauseum on more than one occasion.
I have not deleted any postings and do not wish to. I think we can all learn from each other. Again I’ll keep protracted submittals at the ‘Kingdom Capital Covered Call Fund’ threads.
With Regards,
Gilbert J Arevalo
>That seems what happened with Pal. He didn’t have any friends on C2 and got more and more isolated.
Not true at all. I stopped posting because there is nothing more for me to learn at C2. I would rather concentrate on my trading rather than waste my time arguing with parasites.
Don’t feel guilty about deleting posts. I delete Sam, Ross et.al., posts all the time in my forum. If they post anything constructive, I do not delete. All hostile posts, I delete. I also delete my own posts which some others deemed offensive posts. I have asked MK specifically for this ability to monitor the forum as I do not want to waste my precious time arguing with parasites (I have nothing to learn from them), rather would like to concentrate on my trading…
The point is you can’t act funny in public. You are liable to be warned/sued or even arrested. Somebody in charge should monitor your behavior. Since the creator of the forum (whether public or private) is in charge of monitoring that forum, he is the best one to monitor your posts. You can act funny in your own private space (your own home) and get away with it (if you are single 
I would also like to have a thread on market direction and behavior. I think it would be interesting and possibly a benifit to see what others are thinking about the direction of the market. Could you imagine what would happen around here if you wrote a post about where you thought the market was going and you where wrong.
Yes, I suggested such a forum too, a few months ago.
thoroughly true. Thus the need to start making fake IDs, if you know what we mean, Brian M… And the longterm quietude of Palsun until his burst today
Thats what I am talking about.
Pal, that’s sounds like a plan. You seem to be better off not posting. I also am better off if you are not posting, so why not keep it that way?
"Could you imagine what would happen around here if you wrote a post about where you thought the market was going and you where wrong."
Actually I think that not much will happen if you just discussed your idea about the market and you were wrong. The hostility comes if you tout your system and you are wrong. Am I wrong?
I am not going to argue with you because, when I meant parasites, you are among them… All others are welcome to share their views with me…
> Actually I think that not much will happen if you just discussed your idea about the market and you were wrong. The hostility comes if you tout your system and you are wrong. Am I wrong?
You are right. Indeed Pal’s situation is a perfect example:
System Details: Midas (V. Agg.) Hedge
Pal says (on his C2 home page!):
" Profit Factor (W:L ratio): 1.216
Max (true or realized or actual) DrawDown: 65.03%“
C2 says (on Pal’s C2 home page):
” Profit Factor 1.1:1
Max Drawdown 82.81%"
The question is, why even tout “Profit Factor (W:L ratio): 1.216
Max (true or realized or actual) DrawDown: 65.03%”? And does Pal
think potential C2 subscribers will not check his C2 stats?
Seriously, I do not understand the logic.
Then, when someone like me simply states these facts a personal
attack follows and off we go.
