I don't understand any of this talk about not been able to prove that you have viable trading strategy, and that you can con people by having multiple accounts and showing them this or that, blah blah blah. In the old days that may have been true. Today, all you have to do is open an IB account. Then make a paper trading account. Then paper trade your technical analysis or whatever strategy, which automatically generates statements. Then allow anyone access to the statements. Where is the con? How could you get around not having skill to trade it? If you make money in the paper trading account, then it proves something, almost certainly that you have a viable trading strategy. I have used this exact method to very likely raise $2M on an automated strategy I developed. I can show that the strategy scales to $100M easily doing more of the same. A long time ago, I begged IB for something like this. Look at this thread: http://www.elitetrader.com/vb/showthread.php?s=&threadid=30326&highlight=def nitro
You are a loon. Submitting something for testing would mean I have something to prove. My students prove to themselves that what I teach is useful to their application. Those that listen and follow directions, have no problem. Those that argue with the markets, themselves and me, fail. There is that patent again. Remember Smurf, you were the ignoramus that stated that the formula for Coca Cola was patented. You had better stick to your 34% win rate in your journal . . . you know, something on top of your skill level.
I will repeat moron . . . I will trade you head to head . . . for money. We trade the emini DOW for a month, minimum 3 trades per trading day. Winner is 50% total return on account & 50% win percentage. Audited by an independent source. You win . . . I pay you $50,000 cash . . . in person. I win you pay me $50,000 in cash . . . in person. Payable after completion of audit. Cash up front. PUT UP OR SHUT UP, weasel.
remember, your the guy that claimed PATENT PENDING on the "logical trading system" HAHAHAHAHA! http://www.zvulony.com/intellectual_property_coca_cola.html it's a common misconception concerning coke and the formula patent..... surf
I did have Patent Pending statis on my method for almost a year before I pulled the application. My pending number is still a valid search number. You ignoramus, I couldn't state that if it wasn't true. The only people that have that misconception regarding the Coca Cola formula are the uninformed and you fall squarely at the head of that catagory. You truly have no clue how stupid you come across. Do you actually think people are as dim as some of your comments make out.
I don't understand these challenges either. Forget about that. How about opening an IB paper trading account, and trading the account? It doesn't matter if it is a real account or a paper trading account! just trade it, show that you grow the account, and let people see it with their own eyes! I just don't get it. If you are for real, there is nothing to lose from doing this? In fact, I only see upside from this to anyone making claims and wanting recognition and/or potential clients. How does beating someone else on ET convince me that I want you to teach me to trade? Trading an account is where the rubber meets the road. Open up the IB paper trading account. Even if you want a match, the trades have to be logged. nitro
Good point and I agree. As long as the outcome of CASH is not eliminated. Ratcanfiel needs to put his money where is mouth is for a change.
your attorney is the stupid one filing an application like that, unless you did it on your own which is my guess. you are indeed one silly person. surf
why??? wouldn't winning a contest bring enough fresh blood into your seminars-- so you will be paid that way? your challenge is INANE and CHILDISH--- win or lose it tells nothing. your claims are bogus untill you prove otherwise, which im not holding my breath for. how about this tough guy--- come on a new show with me on MSN money to debate the claims on your website and made here? i bet you will not show up, cause you know you will be destroyed. surf
I am glad that you see the value. But what I am saying goes deeper than that. I claim that if you are a vendor, and you know that you have something to offer potential clients, why wouldn't you already be doing this? These things I am suggesting are elementary business documentation of skill and a viable business. I have recently been shopping several automated trading models to potential investors. Everyone wants to know things like what are your draw downs, how does it handle risk, how does it bet/manage money, how much money does it need to trade, how scalable is it, what is it's basic premise, what if a plane hits a building - how will your model react, etc etc etc. What I do is I collect summarizing statistics and I output the results to an excel spreadsheet. I can then give the spreadsheet along with a link to the account on IB that generated these statistics to potential investors. If you are a businessman, why aren't you doing these things already? Not one person I have come in contact with has wanted anything less, and usually I have to provide even more than I anticipated. As a businessman, why not provide these things with or without rcanfield's challenges? Doing so would not only put rcanfield and the rest of ET in awe, but would probably win you several dozen (hundreds ?) paying customers as well as respect. nitro