Jeez, you are making a lot of assumptions from a small amount of information in a few threads. Your mind is made up, so why do you even give a shit?
Ridiculous, as if this would have something to do with your own returns?, do you ask your medical doctor, surgeon, or even finance professor what percentage their returns were? It's a meaningless question-- if the returns were 1000% or negative 90%, it has no relevance to the quality of the information. Grow up
Don't be stupid. I wouldn't ask my medical doctor, surgeon or finance professor what percentage their returns were, unless they wanted to sell me a trading course for $7200. Do you see how that works? An instructor who has lost 90% of his account (per your example) isn't likely to get me as a client. But that's just me. Your standards are different, but hey, it's your time and your money. Knock your socks off. You're very quick to jump to the defense of the Spreadprofessor. Who's attacking him? For all I know, his results could be outstanding, maybe even spectacular. Did you ever consider that my question gives him a chance to toot his own horn?
It's very simplistic to base your anything on past percentage returns. If you are seeking a mentor, and insist on past percentage returns, i suggest timmy sykes to you. His results are very well documented. peace surf
You could hire a mentor touting a fantastic percentage return, but if his methology doesn't transfer well to a broad range of clients the point is moot and that is a fact. Likewise, it is naive and foolish to have the hubris to think that a percentage return can be duplicated by a client from ANY mentor and somehow be taken or construed by the client as a performance assurance. Satisfied clients are good enough for me. If that doesn't mean much to a prospective client - well, by all means take a pass because we are not will never be a good fit for each other. And Baron makes a very sensible point - there will never be anything that I could publish that would satisfy the haters and the trolls. Haters hate and they'll critisize and pick apart anything. RockMachine: At the risk of voiding my contract with Bone, I wanted to give an unbiased opinion of Spreadprofessor's service. 1. The price is high = yes. However, as stated Bone ONLY wants experienced traders. Well, experienced traders are MUCH harder to train because you have to un-train them first. New clients after a few weeks/months are encouraged to post their trade setups. Often, they show head and shoulder and archaic setups with multiple squiggly lines, etc. Myself, I had a nasty habit of placing tight stops, which every few months I revert to. Point is, Bone didn't teach this stuff. 2. The Guy really cares = Hell Yes! I'm on my 10th month of a 6month contract. Why? because I'm not ready. But to be clear, I contribute and I want it! 3. The $500k trade issue = Don't know. Semantics wise, if I were to make x$ in say the "Crack spread" for 2013, I would phrase it " I made X$ trading the Crack Spread last year. " 4. Is this the Turtle Experiment = Kinda. Richard Dennis said that he could publish his strategy in print and MOST people would lose money. In fact his original group has some who prospered and others who crashed. Weakest link is always the trader. 5. Overall, Bone's experience and knowledge of spread trading in 2014 is easily top 10,5,3 in the world. However, if you trade automated by ticks and turnover 100's of trades per day, then you will need to be un-trained, unless of course your infrastructure budget can compete with the big boys. 6. Finally, I have met and worked with a few people on ET, some were good, others would eat their children for $500..YOU KNOW who you are.. As for Bone, he's legit and cares and is very cautious as to working with the right people and especially before he lets you trade live. Eudamonia: As a current client I made my decision regarding Bone's services based on discussions with his references (former clients). Were they able to apply what Bone taught them and derive an edge? And the answer to that was yes - although it would require a lot of work on my part to learn the system (hence why it is a 6+ month contract). Currently, after four months of simulated trading I'm sitting on a 70% win ratio with a 1:1 reward to risk. Several other traders have shown their results in our trading room of their own trading that is similar or in some cases better. After a few more months I will switch over to live and anticipate I'll see similar results in a live account (because I have accounted for commissions and slippage in my estimates). I don't believe that my $7,500 has been anything but an excellent investment and highly recommend Bone's services. R1234: I signed up with spread professor last year. When I first signed up I must admit I was a bit concerned it might be a waste of money or maybe even a scam. But as I began adding his method to my existing methods I can say it does add value and I have more than made back my investment. His method is legit if used consistently and does carry an edge.
Bone, you haven't answer my simple question, are you a profitable trader or just a salesman that try to make your living by selling something here ?
Also, as a prospective client, when do you think you might be able to clarify the inconsistencies on your account statement. (Referring to previous unanswered question) Thanks in advanced.
1. I doubt that you are a prospective client. And the vetting process runs both ways. 2. The question regarding the account statement were answered and published by Baron - you just refuse to accept the answer so you keep asking the same question and trolling the thread. There are no accounting irregularities, and the detractors could not and did not reply to Baron's simple open request to make arrangements to have an industry third party knowledgeable about US registered US futures prop firm FCM statements offer to Baron an opinion otherwise. And that has not happened to date.