Are these blokes trading the Australian market ? If so, it would be hard for any long only equities system to not make money over the last six months.
Equities. I haven't coded up the Futures Part yet. Still having trouble with the automated 'trend lines' in real time. - Spydertrader
No. They trade The U.S. Equities Markets. - Spydertrader Edit: In case there is any confusion, those were my own automated results I posted. Not the guys from Australia.
LOL! $15M. That sounds like a big number but it is hard to tell out of context. I'm surprised you would take the time to talk to the amateurs here who eke a modest living picking up the scraps you high rollers leave on the table (who cares - if your clients are consistently beating the index - right?). Please keep up the good work, we're relying on you.
Sorry, Spyderposter. 47% gain in 6 months isn't going to cut it. Hershey is going to start with half as much money and make 15 million in a year.
What return (does $15M p.a. represent)? Who's capital is it? And a follow up question: how do you ensure that any trader who leaves does not continue to trade with your "confidential" methods? Imagine if someone else was going after your $15M, you'd be NUTS to let them leave...
Its the boss' money. Of course that is the risk, people leave and take strategies. We hire people that come to us with strategies.