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Old Apr 24th, 2009, 08:49 PM   #181
bwolinsky
 
 
Join Date: Jul 2008
Location: KCMO, Kansas and Kentucky
Posts: 4,975
Quote:
Quote from cstfx:

Collective2 is not real trading. It is hypothetical, no real money on the line trading.

http://www.collective2.com/content/h..._technical.htm

(key phrase: Hypothetical results can be vastly different than the real-life results you can achieve in your trading account, almost always for the worse.)

You are not risking anything by having an account there. Which may explain why he has 6 different "systems" but chose to only boast about the hypothetical returns he has amassed this month already. At the end of the month, he is able to go to the hypothetical mall and purchase some hypothetical extravagance for his hard work this month.

neke puts his money on the line and bleeds his losses here on the board. I asked you (bwolinsky) to post your real results in a real account like neke does and instead you post "hypothetical results".
You're full of shit. You can see covestor.com, and I guarantee I'm not going to be giving you my statements. Covestor is as close as you can come, if you don't believe c2. Collective2 is as close to real world trading as you're going to get. Think not? I'd bet lots of money you have no ability to trade. You thinking that just because they're hypoethical results makes them invalid only shows your naievete, because I know you have no ability to trade as well as I do. Think not, have a look at the equity curve on both www.collective2.com/go/pairsqidqld and the curve from my backtest. Then you decide if you would committ serious money to it, and if you're answer isn't yes, you're an idiot and have no idea what you're talking about.

Think it should be free? The most profitable research ever written should be freely published? I did that with superbands, and nobody paid attention.

How about this, I'll give you the benfit of the doubt. You go back to Wealth Lab specifically, and generate returns greater than that with wl scores exceeding those on the site. You're not going to be able to.

I forgot what Neke was posting, b/c I only pay attention to real time calls, like on sites like collective2 and covestor, and if there isn't anything else to be gained than to only see someone's "fake calls", then why would they be betting they're reputation on it? I'm damned if I do, and damned if I don't if you're not going to pay attention to irreversible market calls. My system in particular could be duplicated to within 1% of it's current value from the worst case scenario.

I'll tell you my rule of thumb. If it's half the APR, and just as much of the drawdown, I tell you, I'd still trade everything I have on it, whether it's with QID, QLD, or QQQQ, or with futures up to $50 million.

Starting capital is 100k and has these results:
Long + Short
Starting Capital $100,000.00
Ending Capital $1,588,422.27
Net Profit $1,488,422.27
Net Profit % 1488.42%
Annualized Gain % 170.24%
Exposure 37.96%

Cash Interest $45,243.05
Margin Loan Interest ($33,720.32)
Total Commission ($1,136.00)
DividendsPaid $0.00

Number of Trades 71
Avg Profit/Loss $20,963.69
Avg Profit/Loss % 2.30%
Avg Bars Held 2.07

Winning Trades 51
Winning % 71.83%
Gross Profit $2,570,408.14
Avg Profit $50,400.16
Avg Profit % 4.43%
Avg Bars Held 2.22
Max Consecutive 8

Losing Trades 20
Losing % 28.17%
Gross Loss ($1,093,508.60)
Avg Loss ($54,675.43)
Avg Loss % -3.15%
Avg Bars Held 1.7
Max Consecutive 4

Max Drawdown ($317,840.06)
Max Drawdown Date 11/4/2008
Max Drawdown % -28.68%
Max Drawdown % Date 11/4/2008

Wealth-Lab Score 319.7834
RAR 448.408
Profit Factor 2.3506
Recovery Factor 4.6829
Payoff Ratio 1.4066
Sharpe Ratio 1.9842
Ulcer Index 7.8509
WL Error Term 12.001
WL Reward Ratio 14.1852
Luck Coefficient 3.6389
Pessimistic Rate of Return 2.5209
Equity Drop Ratio 0.0307
Attached Files
File Type: pdf my research is better than everyone on the planet.pdf (188.0 KB, 251 views)
 
Old Apr 24th, 2009, 09:05 PM   #182
cstfx
 
 
Join Date: Mar 2007
Posts: 4,000
Quote:
Quote from bwolinsky:

You're full of shit. You can see covestor.com, and I guarantee I'm not going to be giving you my statements. Covestor is as close as you can come, if you don't believe c2. Collective2 is as close to real world trading as you're going to get. Think not? I'd bet lots of money you have no ability to trade. You thinking that just because they're hypoethical results makes them invalid only shows your naievete, because I know you have no ability to trade as well as I do. Think not, have a look at the equity curve on both www.collective2.com/go/pairsqidqld and the curve from my backtest. Then you decide if you would committ serious money to it, and if you're answer isn't yes, you're an idiot and have no idea what you're talking about.
Kinda sucks being called out, doesn't it.

The sites you reference are for people who have no skin in the game, and as such make decisions that they would not normally make if it were their money on the line. You have 6 pretend accounts on C2, and only one is making anything impressive. But let's pretend they don't exit. After all, you did.

Read your site's own literature and warnings:

"Hypothetical results can be vastly different than the real-life results you can achieve in your trading account, almost always for the worse."

Not my words, theirs.

And if you were serious about generating a client base, you would have to supply audited, real money results, unless of course you are just trolling the ignorant masses for hits, which it appears anyone who uses these sites are looking for. Hell, even Timmay with his 3-penny stocks has great numbers, even better than yours, but do you think anyone is going to give him anymore money?

Also, I am not here to prove myself to anyone. I have no need to post my results. I have money to trade with, I don't need to troll for some widows and orphans to sucker.

You criticized someone who puts his money on the line and you were challenged to produce your real money results, like neke has done for over a yr, and instead you go with this pretend money-manager site with it's monopoly money.

Good luck with your business plan jackass. You'll need it.
 
Old Apr 24th, 2009, 09:06 PM   #183
bwolinsky
 
 
Join Date: Jul 2008
Location: KCMO, Kansas and Kentucky
Posts: 4,975
Quote:
Quote from cstfx:

Kinda sucks being called out, doesn't it. The sites your reference are for people who have no skin in the game, and as such make decisions that they would not normally make if it were their money on the line. You have 6 pretend accounts on C2, and only one is making anything impressive. But let's pretend they don't exit. After all, you did.

Read your site's own literature and warnings:

"Hypothetical results can be vastly different than the real-life results you can achieve in your trading account, almost always for the worse."

Not my words, theirs.

And if you were serious about generating a client base, you would have to supply audited, real money results, unless of course you are just trolling the ignorant masses for hits, which it appears anyone who uses these sites are looking for. Hell, even Timmay with his 3-penny stocks has great numbers, even better than yours, but do you think anyone is going to give him anymore money?

Also, I am not here to prove myself to anyone. I have no need to post my results. I have money to trade with, I don't need to troll for some widows and orphans to sucker.

You criticized someone who puts his money on the line and you were challenged to produce your real money results, like neke has done for over a yr, and instead you go with this pretend money-manager site with it's monopoly money.

Good luck with your business plan jackass. You'll need it.
It's called covestor.com, and you can go have a look for bwolinsky.

Why would you believe the crap on this site? I just need a good 30 minute clock, to refine all the trades I make on elitetrader.com. Collective2 is irreversible, only naieve people would say otherwise, and elitetrader blotters are more susceptible to manipulation than any other site available.

Give yourself the benefit of hindsight, and, even if you do, you won't beat the top 10 wl scores at wl4.wealth-lab.com, assuming you haven't checked explicitly whether the price is higher with if PriceClose(Bar+1)>PriceOpen(Bar+1) then sellatclose(Bar+1,''); It has to be published, is the point I'm making, and it is only on collective2 that the best traders in the world have confidence to make their calls. You're just a loser that couldn't possibly make these calls, as there are only 10% of the people that come to collective2 that can actually be succesful at it, and I'm in the top 2% now.

Think you wouldn't trade that? You come up with something guaranteed to within 1% at half as good an APR of 85% and DD of .3? You still wouldn't trade it? I know that will beat the top percentile of all traders on this site anywhere, and it isn't really that that is the best, more than it is about that it is absolutely possible. Just the possibility of 80% APR's with limited drawdowns is enough to be the richest man on the planet. The idiocy of the traders on this site that either blow up or simply claim to be profitable is a reason to doubt the validity more than it is about the integrity of traders on collective2.

I'll challenge you or anyone else to come up with higher returns verified by a third party.
 
Old Apr 24th, 2009, 09:35 PM   #184
firscall
 
 
Join Date: Jun 2007
Posts: 65
Quote:
Quote from firscall:

A small loss from a trade entered in accordance with a plan is better than a profit from an emotional gamble.

STICK TO YOUR PLAN!!!
 
Old Apr 24th, 2009, 09:46 PM   #185
MandelbrotSet
 
 
Join Date: Dec 2007
Location: ...
Posts: 7,246
Another week of hard-hitting, gritty action Neke, job well done.

bwolinksy, please start your own thread where you talk about your phenomenal gains, an stop trolling neke's party.
 
Old Apr 24th, 2009, 10:25 PM   #186
rolextrader
 
 
Join Date: Jun 2008
Posts: 744
bwolinsky is a smart guy,but hasn't figured out how to make any money from selling his systems.

Who says consumers are ignorant?
 
 
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