Profitability and consistent profitability is very important in trading. Anyone who thinks otherwise is a tool
Yes that's true but that is your responsibility, not his. Or do you depend on others to make you profitable. If that's the case, good luck buddy, you'll need it. A lot of it!
Now you've just gone off the deep end. What I said was that the evidence thus far points to him not being profitable. I've seen the following evidence: - bone's less than savvy comments in the bond thread - the shills promoting his service - bone's unwillingness to provide proof of his claims despite it being in the best interest of his coaching business for him to do so is that enough for me to be 100% certain he's lying? Of course not. But it's enough for me to be fairly confident - maybe 80%. Remember: if bone wants people to think he's actually profitable, all he has to do is provide some evidence.
I've read his and Martin's comments on that thread and both those guys know their shit inside and out. The only less then savvy comments on that thread were yours and TJ's. As for the shills, you are purely speculating on that. And if he posted 18 years of sheets showing his profitability, you would claim he doctored them. He would have his account number blacked out and you would claim the sheets have been altered. Just admit it, there is nothing he can show you to prove he is profitable. Bernie Madoff sent out audited statements to his clients for years showing their profits. It means nothing if you choose not to believe him.
Yeah, that's why the market did exactly what I said it would do within the timeframe I said it would do it, and they were dead wrong on both direction and timing. Because they know their shit inside and out. Sure... And if you can't figure out that accounts which are created specifically to post and defend bone in threads where he gets criticized are shills, then you're really dumb. That's all there is to it.
You know there is an old saying, "it's better to let others think you are foolish then to open your mouth and confirm it." If you would have stopped after your first two posts, no one on that thread would have known that you don't know an interest rate from a hole in the wall. But you just had to keep posting and demonstrate to anyone that has an elementary knowledge of rates that you didn't have a clue what you were talking about. Quite frankly I would love to know where your knowledge of interest rates comes from. Have you read anything from Galen Burghardt or Fabozzi or Tuckman? Do you even know who these guys are?
Don't bother. Without audited P&L statements from them, how do they matter? FWIW, I haven't heard of them either, yet :eek:
Maverick, I know you're butthurt over the bond thread, but the fact is that I was right, at the right time, for the right reason. If you weren't such a blowhard, you might actually have learned something. But as it is, I understand that you're just posting crap to save face. Bone's still busy trying to do the same thing in that thread. And that's OK - after all, I need people to take the losing side of my trades
Maybe Bone is more than happy to provide whatever proof is necessary to bonafide potential clients? Why would he (or anyone else) bend over backwards posting sensitive financial information on a public messageboard for some anonymous screen names? Im not interested in his service at this time, so I, for one, couldn't give a shit. Carry on with your pissing match though. Good luck to all in your trading.
The information he offers to potential clients is contact information for his shills, not financial records. Hardly convincing. A "coach" selling a trading system should be held to the same level of financial scrutiny as a fund - full disclosure of all results for the system/fund.