I took a look at covestor, something does not add up

Discussion in 'Educational Resources' started by noob_trad3r, Mar 9, 2012.

  1. I noticed all these model funds with 40%+ YTD returns but when you look at the Timothy Sykes one for example you see this.

    Past 365 days 38.5% -3.3% 3.5% -1.9%

    The manager makes a 38.5% return but the subscribers lose -1.9%

    Why is the subscriber not tracking close to the manager results? So he is the #1 "Fund" but how is this if his clients lose money, and he according to the covestor makes money?

    how is that #1

    I am a noob so maybe this is a dumb question and I am missing something.