U R right in that for my strategies patience has been the key. Covered call funds that target optimal market (uptrends) to rack up strong gains (high premium/fundamentally sound stocks) - over time will blow any day-traded account to smithereens. The key is to side-step corrective and phases where institutions are lacking any conviction - such as this late-stage bull market. Only then can an average of 50%+ gains be obtained over a 3-5+ year period. Now that I am gaining experience with the use of futures, I plan by year-end to have a strategy perfected at Collective2 that is unrivalled. The waiting (for the bottom of this correction/bear market) is the hardest part, but I do plan on most of my active accounts to obtain some gains in the process. I've been at C2/ET for less than a year and have progressed from my CC (~55%/yr) strategy to that coupled with my WOTM index spread (~75%/yr) strategy spread to now a few months into using equity index futures that uses about 15% of available margin to compound an average of ~150%/yr in gains with much less active management. Believe me, I have a bit of difficulty exacting patience in the interim, but by 2009 I should be well on my way, so keep watching my C2 accounts Paysense Also go to my website and see that Covered Call Funds have been optimally navigating the highs and the lows for this recently very volatile period. The extrapolation s/b natural!
If you have a strategy that is producing and cant get funds you have 1 of 2 problems. 1. Your strategy isn't really producing. 2. You are spending too much time online verses trying to sell it. I have 11 people in line right now wanting to give me somewhere between 10-50k each just because I have helped them manage their 401ks. If I didn't have family to take care of, my own money to manage, and school, I would be all over it. Get out there, find a way of showing your system without revealing it, and sell.
Glad u r tracking things closely. Yep, getting a handle on the use of futures does take some time, yet basic premises are in place - hence the dream expressed here some 9 months ago will take another 6 or so. But well worth the wait. A little encouragement would help. For instance. . . go back through all my postings of Market Direction calls and scan for "Stop Losses" dates and interim "Green Light" and "Caution phases. Then plot long/short ES, NQ, etc. and see what unfolds. Then look at pre-C2/ET at my website and see flat performance (cashed out of CC positions) vs the indexes and subsequent vested period and see accuracy of top/bottom phase calls and insert long/short futures contract into said periods. Graceful equity curve that I'm busy working out details, but foundation is constructed. Ps
Are you delusional? Seriously, are you posting under the influence of some kind of ReardonMetal anti-depressive opiate protocol? Every one of your C2 systems has gone up in smoke and you still think you have an edge? Don't forget to post the name of the new system here on this thread when it is ready to roll so that we can all watch the slow-motion car wreck.
Again, you said your "subscribers" on your website have been achieving > 50% returns for over 7 years. And you made multiple claims that your KC Elite, etc. etc. systems should be watched. But they also have failed. Your C2 performance says that you have fabricated your subscriber performance claims and are demonstrating under real-world tracking that you cannot trade Now THAT is what people should believe
u r right (regarding futures trading) - for now. Trust me, i will pleasantly blow your socks off, so widen your scope pS
No, not just for futures trading - all of your trading including your vaunted covered-call strategies. Every one of your systems on C2 has crashed and burned while amazingly the same systems on your web site have not. How can explain this discrepancy other than the fact that you are fudging your web site results? C2 results don't lie.
Try this one on for size: Go back through this thread and see that for the period from 5/29/07 to 11/?/07 my C2 equity curve is near exact to my covered call training website graphs! ...just until I started using futures at C2. Furthermore, note that my cashed out periods very closely coincide with the present and past (Aug '07) corrective phases - HUGE benefit from which I am quite certain will translate into building favorable equity. Granted that for the past 52 weeks my covered call strategy has made little progress. But it has limited losses many have become painfully aware of. Opportune phases to build equity with my website funds will come sooner or later. Those average gains have been and will continue to be achieved - in my sleep. What now remains is for my abilities to show in a futures traded account by year-end (unless the market presents no bull phase in the interim, which isn't likely) So don't be so biased when you spout off - after all, I am leaving a record which at present may be interpreted as good, bad or indifferent, ...but, the fat-lady hasn't yet sung!!! pS
Some QUOTES on C2 about your systems: "My favorite part is how he perfectly timed the market top and bottom and yet inexplicably failed to capitalize on that perfect timing. Classic. " Pete P "Exactly...indeed he got his ass kicked after those "perfect" calls. And it's like he doesn't think anyone has a scroll button on their browser to see how bad the actual calls were (all time and date stamped in the thread)." AND "Just the facts Gil: so far your "red-green-yellow" calls are worse than coin flips. In fact every one has been wrong (i.e. you go green and the market is at a lower level before you go yellow, and then the market is at a higher level before you go back to green). You see, the basis of my opinion is the verifiable facts of your own calls." Sam C