System Description This system is not SO complicated that you cannot ascertain what are to be the expected results. If you find the Performance Charts at Kingdom Capital Training Institute acceptable, simply verify that my current performance at C2 is NOT in stark contrast with my past (which of course will be plain for all to see).
I have been trying to sign up for your money management services on your website. When I click on the pay now link I get this: http://youtube.com/watch?v=EVNTplvHjR8 I will send you my account info via e-mail.
Thanks GTS...amazing how a stellar prodigy can only muster as much in 6 weeks. Should've nailed the C2 stats right off the bat and dazzled everyone (for a 6 month Fund). Of course if you "play" with investing...it's all just a game. Find winners and losers - stick your money in and well have fun. BTW Covered Calls at C2 aren't accounted for (properly). If I buy a stock at 25 and it goes to 28.5 in one week, great. If I (in tandem) sell the covered call (short) at say 2 and it goes to 4.5 in that week...I buy it back and sell the stock. That is a tidy 4% gain with the other 4% left on the table (max gain 8% for 4 weeks.) And it frees up cash to compound more gains. How does C2 rate this? One winner/one loser or 50%. Of course, my argument is premature as I will want to establish a smooth powerfully compounding (profitable) equity curve, first. Then we''ll revisit this with MK (C2 owner, who agrees with me). Then I may invest (with compound) into the next "winner". This likely will affect Sharpe ratio, APD, etc., but I really don't care. If I build my chart I'll be fine and the stats will have to be also. BTW - what do you think of this market? Good buying opportunity? Paysense
Actually after slightly more frustrating nearly 10 months of my first real money account in 2002...we nearly touched 20%. This time...maybe so. Oct '98 also messy. But thank God for bottoms and the evolving gains. I really wish this market would TOTALLY SCRUNCH - but of course that would be asking for too much. Also...early 2004 I was temporarily absent - which accounted for most of that DD. Now I'm present so go figure (but I guess you'd know, judging by your snideness, lol) And Flipper Flopper...I guess we should be learning from you?? I read 1 thread and your persistent you-tube vidoes and well. there you are. Hey Atticus...how'd you like my spread entry? Perhaps we'll mitigate any further impending drawdown.G Also, it is nice to see some are following the specifics. I think I'd like to start a C2 account for IRA investors that starts with $100,000 and doesn't emulate XX.com trades. I.E xyz at site is $25 so buy 100 shares and 500 at C2. If I like BIDU, RIMM, and an assortment that make my watchlist each week...and they are $50, $90 and $120 - just buy 300, 200, and 100 shares for $15,000, $18,000 and $12,000 totaling $35,000. Then get 4 or 5 others.pS
So annoying! Each time I refresh it gets worse - between then and now: Max Drawdown 17.34% (20070530 to 20070724) Where is that sun? Gilbert AHHHH...now I know what I will do. A search on y'all and see how ya been commenting lately (he-he) then I'll know your sentiment,
You are nothing but a two bit carny. You have some pathetic website trying to charge people for your worthless strategies. You get called out and fall flat on your face the second you are told to PROVE any skill and yet you still act like you are a success after making $1000 over the past 4 years in a raging bull market with a bullish strategy. Pathetic doesn't even begin to describe you. You are nothing but a conman who thought they could prey on the desperate. Get a part time job at minimum wage and you'll make 10 times more then you think you can in the market. Thats all I have to say. No need to respond.
2Flipper:...what a quack. I simply point out in unbiased terms regarding your frantic posts your trading generates and you regurgitate. I don't think I am all that, but you are exactly...well that. And when you comment on me - please try not to be an exaggerating idiot aka 'woos'(sp?)/crybaby. (lol) "no need to comment since I am the final say!!!" ha ha. Gilbert
...more on the final say (lol) http://www.elitetrader.com/vb/showthread.php?s=&postid=1547746#post1547746 paysense
So what was on my mind this past week (from C2 "Trading Journal" -musings: Can I put myself out there? I'm still invested (some) long. Can I limit losses on spreads (yes, see ET). Is there is room for making mistakes - always if manager is good. So, my funds will still be fine - regardless! Man this has been some rocky-going - but I've learned A LOT. How to leverage with spreads, investing with outside (the idiots) pressures, being "right", but frustrated - that leads to errors, diversify a bit more, let short call options go naked after stock hits stop-loss, use stops/pro puts w/ riskier issues re: biotechs, stick to stop-loss methods - NO MATTER WHAT (or it will cost), stay away from erroneous (stinking) thinking, make money in up or down markets, lock in 'slippery' money, be VERY selective with entries into late stage bull runs, first watch price/volume action then watch market leaders, wait to post "Caution" - but do trade appropriately, etc., The managing is the hard part weekend work is a breeze. But above all else - it doesn't matter. By being present to work at minimizing losses, substantial gains will be compounded. And thank God I am (still) being trained!!! Run it (C2) like a hedge fund. Silver lining? Yes! Stick with proven stop-loss methods. They won't ever understand how these gains are made. Can start C2 Covered Call Fund for large account (Use 50-100+ priced stocks - not to sync with XxxxxxxXxxxxxx.com holdings. Mistakes (since IOC debacle) - could've saved $320 in Classic and Pro Fund with FCSX or about 1.5% of fund if stopped at breakeven target (56.3) and not 'rolled up' to 65's. Could've saved $750 (+$320=$1070) in Pro Fund with JADE or about 5% of fund. Could've saved $1600 in C2 with FCSX, $2520 with JADE and $4540 with TASR + $350 with DIGE (option trade mistake) + $450 (option trade mistake) with JADE = $9,460 or more than 9%!! Add that to IOC short call option that expired worthless or +$3,000 and we have another easy 3% less in drawdown. Ross you keep with your crap, but the only reason I feel comfortable allowing for 10-20% drop is (see my charts) gains off bottoms are significant, quick and substantial - easily making this up so what do you know? So Classic and Pro Fund "could be" at +8% vs +6.5%/+3% for Classic/Pro YTD...C2 -8% (or perhaps -5% with IOC option) vs -15%. You see, the point is to make 40-60% "average" annual gains over the long haul by minimizing losses/ ramping up gains (and understanding trading/markets). How many C2 accounts can you honestly say have proven this - they couldn't, since C2 hasn't been around that long - and your (and others) rantings are pointless. You, et al are like "I'm not seeing the account go up strongly like I'm used to so I can blast the vendor", lol. EITHER MY MUSINGS ARE ONCE AGAIN DEAD-WRONG and I am a 'contrarian indicator' or our day to shine is not (too) distant. Tuesday: It's all red today (at least in the early going). After gapping lower at the open...indexes stabilize. Look to sell on up tick/days. FCSX holding at support ~54. CVTX up - close it out. Vix/Vxn jumping MORE. TASR downgrade knocks stock lower. All you need to know right now is - despite Vix/Vxn - JASO/FCSX holding firm at support [35.30/54.30]. Sold JASO on uptick at 36. TSL spikes back up to 65- unwound to lock in gain. CROX/PRKR are doing ok. Market is still well above support. Volume has been light. JADE 8 (C2 breakeven 10)/TASR 15.5 C2 breakeven 17.5) will (maybe) get better price to sell calls/stock. If distribution days stack up quickly again - reduce margin/unwind with stop-losses. FCSX/JADE/TASR in drawdown at C2! At midday, indexes are off lows. Volume is now tracking higher across the board. Heavy-volume gainers (accumulation of leading stocks) were in short supply FCSX remains at support volume rel. light. Sell call tomorrow (or late today on uptick). FCSX STOPPED at 53. ITM buy prospect SNCR (36.5 x 3.7) looks good - WAIT. Market once again looks technically bereft on heavy trade with many concerns. Support for market breaks - had (prior) unwound CROX (near today's high) on strong uptick to lock in the gain. With market tanking - did WOTM QQQ index spread trade (8K+). Indexes falling today more than any previous loss (or gain) with support levels now getting breached. Took profits with spike in CROX and TSL. 3 and 4% gain for 2 and 3 trading day holding, respectively. Last week we saw 2 distribution days out of 3 and today we are seeing another! The market can't take too many days that stack up with heavy selling. So how much selling with extreme volatility can the market take - and with institutional (market leaders) favorites AAPL (-8.83/-6.13%), RIMM (-8.73/-3.8%), GOOG (up today, but recently tanked - is 8% off highs), (-4.88, but its recent 20%+ drubbing in sympathy with GOOG) BIDU, MA (-8.83/-5.27%) to finally get hit? We saw that today...DJIA (-226.47/1.62%), Nasdaq (-50.72/1.89%), S&P 500 (-30.53/1.98%) Meanwhile, Google ended a four-day losing streak, but barely. The mega-cap poked up 1.19 to 513.70. Amazon (AMZN) fell 2.48 to 69.26. But the stock exploded to a new 52-week high after hours in response to a great earnings report. This is now fun (index spread with QQQ/covered calls) - making money off the correction (profiting from good and bad markets). Only question left: Is there enough resolve amongst buyers to PICK THINGS UP AGAIN off breached support/50-day M.A.'s?? The market has been telling us (pre-C2) and now to stay on the sidelines - until we got (time and again) surges off lows in heavy trade (institutional buying). So we buy and then unwind at our stop-loss, etc., etc. to incur seemingly unnecessary drawdown. WOTM index spread trades (at ET) also had to be unwound. Perhaps the market will now behave (we get it "right") since THIS TIME market leaders are beginining to technically break down. I think the market had told us correctly - it was time to correct. Big-money managers either got it wrong and manipulated this market 2 or 3 times back up so they could safely lock in gains/avoid heavy losses - or just got lucky. And we may now have it our way, since they (institutional investors) seem ready to correct. But I could be wrong and will continue to not predict, but follow the market's lead - since all will be eventually (as in the past) substantially be made up and more. Volume today was MUCH higher (spirited) than even Friday's options expiration-driven trade. 2.5B+ on the Nasdaq/4B+ on the NYSE! From now on I will run this fund (C2) like a hedge fund. When we get the occasional stock-specific haircut from a highly-rated holding - go naked on the call option (don't buy back before selling the stock) and let it go worthless or become very cheap. With market-driven corrections, will use WOTM index spreads to (recoup/enhance) profits. Is the summer correction here? Maybe. If so there may be a silver lining. Meanwhile, AMZN up 13% after-hours on strong earnings. JADE up more than 4%. Depending on the morrow, perhaps we need to go back to "Caution" mode to perhaps soon be in "Stop-Losses" mode. If this market tanks further Vix/Vxn will skyrocket. The S&P 500 and New York composite indexes broke under their 50-day moving averages, as did a slew of stocks. Losing stocks led decliners by about 5-to-1 on the Nasdaq and by nearly 9-to-1 on the NYSE Funny how in the day every holding in my watchlist is in the red - while in the after-hours the market is all green (albeit modestly). We'll just have to wait-and-see from here. I failed my own stop-loss methods with FCSX,JADE and TASR. You may not believe it, but THIS HAS been the "perfect storm". Get in at C2 to hopefully stave off initial drops, but market says close initial phase into positions (always a loss) for a 3.5% haircut. Then (not soon after getting expected/biotech 'stock-specific' DNDN drop at KC.com) we get clipped from IOC - for still no apparent cause. Then the market says NO we are confirming institutional sponsorship/new highs-breakout) get invested man with some margin. Ross et al (who know nothing) spur the anxiety and in frustration let a few losers ride until now (of course, lol) FORCED TO UNWIND. Will things be different (not much I think from the past) this time. Perhaps with summer/ market leaders susceptibility - who knows? Meanwhile...everyone thinks LIFE is a day in the sun (lol). Loving the funds that go straight up over 6-18 months (with serious leverage). "Someday" we will see just how good these managers are. Substantial gains off a strong corrective bottom will not be experienced until we do. So can 8-15% be made up? Yes. Is there any more to this "perfect storm"? Maybe, but I doubt it. It's all been seen before. -"official": Week of July 28, 2007 Tuesday, July 24, 2007 Close Market tumbles as leaders slide and volume increased from Monday's totals - making for a distribution days in the major indexes. The Dow Jones Industrial Average plummeted 226.47 points, or 1.62% to 13,716.95. The Nasdaq Composite tanked 50.72 points, or 1.89% to 2,639.86. The Standard & Poor's 500 Index lost 30.53 points, or 1.98% to 2,639.86.