Here, how about I use my other login, now I haven’t got any failed systems to my name so my advice has suddenly become much more worthy. Wow I feel like a better trader using this login.
I’m a bit late to the thread, but I have to side with Kevin. His comments related to over-leverage and adding to losers are solid principles. I never really understood how investing/trading could be equaled to gambling until I read through Kevin’s Analyst comments and related systems. Keep up the good work!
I fail to see how Bob Svan’s “Brilliant professional work” comment carries much weight, regardless of his momentary C2 performance. Since that vendor has no reliable C2 track record yet, then such claims remain unproven.
And has been losing money since April of 2008. Steadily. Down 30% since then.
Sorry, couldn’t resist.
C2 does provide a valuable service in that walk forward verified stats are generated. However, the problem of optimization remains even with walk forward. If a system performs poorly going forward then it is discarded, either by the supplier or his potential customers. Then another system is started and same thing.
One cannot judge systems based purely on track record alone, no matter how good it appears to be. One needs to get inside the system provider’s head (if that is possible) and understand his money management, risk management principles and you have to get to know him/her as well as possible over the internet to develop a trust in their abilities.
And now I redirect you to my website.
http://www.stockmarketstudent.com
Steve
of $100,000, that person would be down now about 50% and he would need a 100% return just to break even
Steve you’re an idiot. DD is 33%. I did not go back to 100. It just shows you have no idea what you are talking about. I’m also up 44% from inception, and I was only down 10% in 2008.
Please refrain from making more idiotic comments that show you have no idea what you are talking about.
It’s obvious to me why you are ignored for such idiocy.
Anyone could and should read my analyst page for more in depth details about this topic of overleveraging and curve fitting.
I’m not denying that. But for a moron like Steve to say you lost half is a misrepresentation, but I’ll dismiss it as his calculation error, and a sign that he would like to have a system just like that.
Sorry, strikeout Steve, and replace those comments with Karl.
Do some math before you claim I lost 50%, because to start from 100 to get to 200 is a 100% return, and back to 130 up to 144 is only a 33% drawdown, compared to the S&P’s drawdown of 60%.
Oh, I should add, there’s a glitch in the c2 rating’s system. When I cross above 150 I’ll be back into the 900 range.
I’m not so sure, Kevin. I have 2 of the top 3 most profitable market order scripts, 40% of the top 10 most profitable limit order scripts ever written on WL.
These are all at least one year old, and when I released them I did enough testing and research to see they would rise to the top. Give it 1 or 2 more quarters and these might be the top 2 and top 4 respectively. Not sure if I’ll ever beat the top limit order script, but it’s exposure means it doesn’t take trades very often http://wl4.wealth-lab.com/cgi-bin/WealthLab.DLL/getpage?page=Top25APR.htm
It’s merely a warm up. But goes back to the question of why I published in the first place. I wanted credibility moreso than these mediocre trading systems.
I’m starting to look toward the APR/DD ratio now. I think that’s a filter some people have used, but it needs to be in combination with risk measures like the Sharpe APD and profit factor.
idiot...
moron...
He's back!
And with his full range of adolescent attack words ready to fire!
Watch out or you could be next as the C2 school yard bully takes aim.
Stay tuned, as I'm sure there is more to come as he's likely just getting warmed up...
:-)
idiot...
moron...
He's back!
And with his full range of adolescent attack words ready to fire!
Watch out or you could be next as the C2 school yard bully takes aim.
Stay tuned, as I'm sure there is more to come as he's likely just getting warmed up...
And amusingly enough those personal attacks were fired at wrong individual … and belatedly realized.
Collateral damage !!
I don’t like misinformed people making false statements about my systems. Idiot and moron are very apt descriptions for the difference between losing half and losing a third. Also, he missed that going from 100 to 200 is a 100% return, that I fully anticipate recovering in the future.
losing money since April of 2008 as the market lost close to 55% of its value since that time.
Agreed.
But you were equally ignorant and misinformed to call Steve idiot and moron for something he did not say.
So, based on your aforementioned rules, Steve has every right to call you a moron and idiot ?
Forget your trading system Beau… This is all you need buddy:
http://www.youtube.com/watch?v=rLxTpsIVzzo
And if that don’t do it for ya brother, try this one:
http://www.youtube.com/watch?v=4oZYqAeIdYk&NR=1
Enjoy!
My mistake. I wrongly assumed, by not looking carefully at your system, that the position size remaines the same for each trade so that a new subscriber would start with $100,000 no matter a what point in time he would subscribe since I was just analyzing such a system, and BTW such a system in my opinion would be easier to evaluate by a new subscriber. So congratulation, you only had a drawdown of 33% since last April. BTW, you never reached $200,000, just look at the equity curve.
The point is, while other people made valuable contribution in this thread, you only wanted to promote your system. In any event, the language you use is inexcuseable in this forum. This is probably the reason why 30% of the people here have you on the ignore list.
I always thought you were going for absolute returns. Were your objectives just to outperform the market like a long-only mutual fund manager?
