Almost sad as someone who tries to sell trading services, yet absolutely ignores and refuses to evidence his own trading or provide any independent proof...
Darth: I realize that, and was simply calling out one of the bombthrowers regarding ICE PJM and HHNG Swaps. The ICE and Clearport Power markets at present have no liquidity to speak of - most of the funds and banks active in those markets have folded.
Can I ask a question here for all the guys that are attacking Bone and his service. Let me say to start out with, I think Bone is legit and is a profitable trader. But let's just say for argument's sake that he was not profitable. Or even that he was once and is no longer profitable. Would that really make any difference with the service he is offering? I mean Bone is not offering a spiritual transformation course here. He is offering knowledge, experience and customized software. I mean it would be like me asking the guys over at TT software to show me that they could make money trading using their TT execution software. Or asking e-signal to show me their profitable trading records before I subscribe to their charting service. Bone is providing a service. If I have never traded calendar spreads in Crude Oil before and I wanted to learn how to trade them, are you saying Bone would not be of service to me? Are you saying his spreadsheets would not offer any value. That his experience over the years of trading them, whether profitable or not would not be a value add for me? Is this what you guys are really saying? I mean I honestly don't get it. When I was in college, I paid a shitload of money to professors that never accomplished a damn thing in the real world to teach me various subjects. I'm sure most of you have. I never asked my university to show me the list of accolades they all have. In fact most coaches, teachers, instructors have never really "made" it in their area of expertise. They simply have knowledge and experience that is of some value to those who don't know have the knowledge and experience. Let's say Bone did show you 18 years of returns where he made 50 million a year. How would this benefit you? He still is not an alchemist. If you are a bad trader, there is nothing he can do to suddenly transform you into a trading superstar even if the guy has made 500 million. So seriously, what is your gripe guys?
Hell yes it makes a difference for two reasons. 1) If the methods/software/whatever aren't good enough to make him profitable, why would anyone else want to use them let alone pay for them? and 2) Bone has claimed he is profitable. If that's not true (and the evidence thus far suggests it's not) then he's a liar. Most people don't want to do business with liars.
I say bullshit. If you are not a good trader there is no software or method in the world that will make you one. That is a fact. Trading is like sports. It's all about one's ability to perform. The software, the methods, the knowledge simply complements whatever natural or given ability you already have. There is no secret formula to making money. No software is going to make you money. As for number two, I also say bullshit. I bet you do business with liars everyday. I can't think of a government, a school, a politician, a large corporation, etc that doesn't lie. But you still vote, buy their products and use their services regardless. Most people in life take everything thing they read or hear with a grain of salt knowing there are no absolutes in life except death and taxes. You are simply manufacturing excuses to attack someone's service without having a leg to stand on. Very admirable.
The reason most would-be traders are no good is that they never discover a method of trading with a serious edge. Once you have that, the rest tends to fall in place after a few years at worst. Furthermore, such a collection of methods is EXACTLY what bone claims he is selling. If in fact his methods aren't profitable, he's a liar. It's as simple as that. If you want to do business with liars, that's your perogative, but his would-be clients deserve to know what they're dealing with. This is a predictable turn of events though. Since bone can't or won't prove his profitability (then why claim it???), his defenders now have to claim profitability isn't important to trading. Which of course is retarded, but this is ET so there you go.
So let me get this straight. You say he has not proven his profitability. Yet you come on this thread and imply that he "has" proven he is unprofitable as you clearly are making the accusation. Which by the way is libelous unless you have proof. What are you basing your libelous claim on?