Absolutely bizarre/amazing equity curve

http://www.iasg.com/groups/group/the-barbashop-llc/program/3-program

Just wanted to point this one out.

 

As an investor, that's a heart attack waiting to happen.

 

I wonder what his disclosure doc says in the area of # of accounts closed with a profit vs. closed with a loss.

Definitely a CTA for those looking for a speculative rush!

 

LOL did you see those draw downs????

That is called playing the lottery.

 

Probably some idle billionaire who threw $3mm into an account and just "wings it" every day.

 

I feel like he was taking a genuine go at it, the first year or two... hell, he was all green for the first 21 months of trading! And then he had a few big draw-downs, followed by a few (!) triple-digit (!!!) gains in a single month... and now he's just doubling down for the hell of it.

This looks like my equity curve at the craps table after a few too many Manhattans.

 

Awesome, I search for this type of performance. Thanks !!!!

 

looks like he shoves "all in" every trade. with that small amount of money its possible I suppose depending on the stock. that is interesting for sure!

 

That Barbashop program has a max drawdown of 92%!

I noticed the listing has recently been dropped from Altegris's database (www.managedfutures.com).

Wonder why!

:eek:

 

Would be interesting to know if he was using something like Kelly or optimal F for position-sizing, both of which can give you brutal drawdowns, but, so long as your edge doesn't deteriorate, should maximize account equity over time.