Assuming it's even true. https://www.elitetrader.com/et/thre...rofessional-trader.319792/page-5#post-4656004
I think that had to do with tax evasion. He seems to have gotten away with separating people from their money.
His current system results are monitored by a 3rd party service. If you can't trust that, it means you can't trust any CTA tracked by AutumnGold. I've actually used a few of them, and the reporting was 100% accurate. If it were easy to cheat, you wouldn't see so many with bad performance.
%% I dont have time to comment on the drawdowns; but he did call the DOW bottom area/strong employment report about end of DEC 2018 or early Jan 2019. I did not even know i was on his email list LOL. I don't even track the Dow that much so, when i first saw his email, laughed to myself . Good call + timing .NOT a prediction or endorsement but facts are facts.
It is very hard for retail to digest such drawdowns (50%), so he must have lost a substantial number of subscribers along the way.
A few years ago I had 20% on annual basis for 60% annual return with my previous trading model. Yes 20% is a lot of risk. Today I'm at 4% for 25-30% return but my account is also much larger. Did improve the risk ratio from 1:3 to 1:5, I can always leverage up if I like to to take on more risk.
You have 25-30% annual returns and a vol of 4%? aka a Sharpe around 7? Are you Jim Simons? Give me a break
4% max draw down on annual basis. Not quite as good as him. Believe he has both lower max draw down and higher return on a annual basis.
Ah, yes. And you split time between your yacht and 6 mansions around the world, too, right? When will you release the video of yourself cruising in your newest lambo? (Sarcasm mode off): High-net worth individuals would kill for investments with those kind of metrics. Without proof, I'm not buying it at all. But this is ET, where anyone can claim anything.