Taking 320K to 3.5million by Year End 2009

Discussion in 'Journals' started by neke, Jan 11, 2009.

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  1. You're full of shit. You can see covestor.com, and I guarantee I'm not going to be giving you my statements. Covestor is as close as you can come, if you don't believe c2. Collective2 is as close to real world trading as you're going to get. Think not? I'd bet lots of money you have no ability to trade. You thinking that just because they're hypoethical results makes them invalid only shows your naievete, because I know you have no ability to trade as well as I do. Think not, have a look at the equity curve on both www.collective2.com/go/pairsqidqld and the curve from my backtest. Then you decide if you would committ serious money to it, and if you're answer isn't yes, you're an idiot and have no idea what you're talking about.

    Think it should be free? The most profitable research ever written should be freely published? I did that with superbands, and nobody paid attention.

    How about this, I'll give you the benfit of the doubt. You go back to Wealth Lab specifically, and generate returns greater than that with wl scores exceeding those on the site. You're not going to be able to.

    I forgot what Neke was posting, b/c I only pay attention to real time calls, like on sites like collective2 and covestor, and if there isn't anything else to be gained than to only see someone's "fake calls", then why would they be betting they're reputation on it? I'm damned if I do, and damned if I don't if you're not going to pay attention to irreversible market calls. My system in particular could be duplicated to within 1% of it's current value from the worst case scenario.

    I'll tell you my rule of thumb. If it's half the APR, and just as much of the drawdown, I tell you, I'd still trade everything I have on it, whether it's with QID, QLD, or QQQQ, or with futures up to $50 million.

    Starting capital is 100k and has these results:
    Long + Short
    Starting Capital $100,000.00
    Ending Capital $1,588,422.27
    Net Profit $1,488,422.27
    Net Profit % 1488.42%
    Annualized Gain % 170.24%
    Exposure 37.96%

    Cash Interest $45,243.05
    Margin Loan Interest ($33,720.32)
    Total Commission ($1,136.00)
    DividendsPaid $0.00

    Number of Trades 71
    Avg Profit/Loss $20,963.69
    Avg Profit/Loss % 2.30%
    Avg Bars Held 2.07

    Winning Trades 51
    Winning % 71.83%
    Gross Profit $2,570,408.14
    Avg Profit $50,400.16
    Avg Profit % 4.43%
    Avg Bars Held 2.22
    Max Consecutive 8

    Losing Trades 20
    Losing % 28.17%
    Gross Loss ($1,093,508.60)
    Avg Loss ($54,675.43)
    Avg Loss % -3.15%
    Avg Bars Held 1.7
    Max Consecutive 4

    Max Drawdown ($317,840.06)
    Max Drawdown Date 11/4/2008
    Max Drawdown % -28.68%
    Max Drawdown % Date 11/4/2008

    Wealth-Lab Score 319.7834
    RAR 448.408
    Profit Factor 2.3506
    Recovery Factor 4.6829
    Payoff Ratio 1.4066
    Sharpe Ratio 1.9842
    Ulcer Index 7.8509
    WL Error Term 12.001
    WL Reward Ratio 14.1852
    Luck Coefficient 3.6389
    Pessimistic Rate of Return 2.5209
    Equity Drop Ratio 0.0307
     
    #181     Apr 24, 2009
  2. cstfx

    cstfx

    Kinda sucks being called out, doesn't it.

    The sites you reference are for people who have no skin in the game, and as such make decisions that they would not normally make if it were their money on the line. You have 6 pretend accounts on C2, and only one is making anything impressive. But let's pretend they don't exit. After all, you did.

    Read your site's own literature and warnings:

    "Hypothetical results can be vastly different than the real-life results you can achieve in your trading account, almost always for the worse."

    Not my words, theirs.

    And if you were serious about generating a client base, you would have to supply audited, real money results, unless of course you are just trolling the ignorant masses for hits, which it appears anyone who uses these sites are looking for. Hell, even Timmay with his 3-penny stocks has great numbers, even better than yours, but do you think anyone is going to give him anymore money?

    Also, I am not here to prove myself to anyone. I have no need to post my results. I have money to trade with, I don't need to troll for some widows and orphans to sucker.

    You criticized someone who puts his money on the line and you were challenged to produce your real money results, like neke has done for over a yr, and instead you go with this pretend money-manager site with it's monopoly money.

    Good luck with your business plan jackass. You'll need it.
     
    #182     Apr 24, 2009
  3. It's called covestor.com, and you can go have a look for bwolinsky.

    Why would you believe the crap on this site? I just need a good 30 minute clock, to refine all the trades I make on elitetrader.com. Collective2 is irreversible, only naieve people would say otherwise, and elitetrader blotters are more susceptible to manipulation than any other site available.

    Give yourself the benefit of hindsight, and, even if you do, you won't beat the top 10 wl scores at wl4.wealth-lab.com, assuming you haven't checked explicitly whether the price is higher with if PriceClose(Bar+1)>PriceOpen(Bar+1) then sellatclose(Bar+1,''); It has to be published, is the point I'm making, and it is only on collective2 that the best traders in the world have confidence to make their calls. You're just a loser that couldn't possibly make these calls, as there are only 10% of the people that come to collective2 that can actually be succesful at it, and I'm in the top 2% now.

    Think you wouldn't trade that? You come up with something guaranteed to within 1% at half as good an APR of 85% and DD of .3? You still wouldn't trade it? I know that will beat the top percentile of all traders on this site anywhere, and it isn't really that that is the best, more than it is about that it is absolutely possible. Just the possibility of 80% APR's with limited drawdowns is enough to be the richest man on the planet. The idiocy of the traders on this site that either blow up or simply claim to be profitable is a reason to doubt the validity more than it is about the integrity of traders on collective2.

    I'll challenge you or anyone else to come up with higher returns verified by a third party.
     
    #183     Apr 24, 2009
  4. firscall

    firscall

     
    #184     Apr 24, 2009
  5. Another week of hard-hitting, gritty action Neke, job well done.

    bwolinksy, please start your own thread where you talk about your phenomenal gains, an stop trolling neke's party.
     
    #185     Apr 24, 2009
  6. bwolinsky is a smart guy,but hasn't figured out how to make any money from selling his systems.

    Who says consumers are ignorant?
     
    #186     Apr 24, 2009
  7. bpcnabe

    bpcnabe

    Oh leave him alone.

    After all, he is "One of the best trading strategy developers in the world. "
     
    #187     Apr 24, 2009

  8. I'm not saying they, are, certainly, but discrediting the irreversible calls made on such sites does call into question how informed that person is.
     
    #188     Apr 24, 2009
  9. Of course, but having 4 top 10 most profitable limit order scripts, two top 10 most profitable market order and wl score scripts, as well as being a top 2% collective2 vendor, I guess, only time will tell, and I'm very confident that I will be proven right over years on this. Again, check out covestor.com for bwolinsky or www.collective2.com/go/pairsqidqld
     
    #189     Apr 24, 2009
  10. #1) Trade real money, or kindly STFU. The sites you mention are the financial equivalent of Dungeons and Dragons.

    #2) Stop polluting Neke's thread. Start your own for your fantasy trading.

    Feel free to post here. ............ http://www.elitetrader.com/vb/showthread.php?s=&threadid=113206&perpage=6&highlight=p/l
     
    #190     Apr 25, 2009
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