His sociopathic-tendencies aside. I don't dispute the performance as expressed in the blotter. Hit rate will look acceptable while taking a 4:1 risk-reward. Of course it's not sustainable, and we know he'll go silent when the sh*t goes nuclear. His hit rate / RR is a very low number, but we're not privy to the denominator. You can't sustain profit-targets of 2-3x the vig on the ES. It's obvious that the R/R is facocked.
Yeah, OK. But when he was posting his calls, he couldn't tell an uptrend from a downtrend (classic Trading Zoo "technique") ... I ain't too jealous. As can be seen from my PM's, I half-way thought about helping him. :eek: Glad my suspicious nature kicked in and I remembered something that Reaver said ... this is all for a laff and to blow-off steam.
I don't dispute the above, and you're more privy than me. My point is that 1-2 handle targets are simply unsustainable due to the reasons given. I don't need proof that sh*t smells of sh*t.
Whether the blotter is genuine or not is debatable, but what's the point of the journal? I'm skeptical about his claims that he has no ulterior motives such as eventually trying to sell something, using the journal to attract potential customers and to support a sales pitch. Only time will tell I guess. A good journal has more than buy/sell calls and/or copies of statements, it's of absolutely no value to anyone otherwise.
3 boys in a boat, and who do you think they be? The butcher (Reaver), the baker (atticus) and the candleshtickmaker (MandelbrotSet) banned from my Journal, knaves all 3.
That's better, see, you can have fun without threatening everyone! Now isn't it about time you toddled off back to your dick swinging....oops I mean 'journal', don't let us keep you.... Thanks for following the thread allenhobbs, drop by again sometime. Shalom and Mazel Tov!