InvestorsHub Logo
Followers 27
Posts 4012
Boards Moderated 2
Alias Born 03/22/2006

Re: MONGO post# 15604

Wednesday, 09/24/2008 9:21:24 AM

Wednesday, September 24, 2008 9:21:24 AM

Post# of 31925
No, no torture is necessary. The record is there for all to see (if you care enough to go look), but Poker should understand (but then, maybe he doesn't and is just trying to score points) that comparing system returns absent the underlying risk/reward equation is like comparing apples to oranges. Our system has traded between 1X and 2X, and has had 8 straight months of gains, assuming we end Sep in the green. Just ask Steve (MVP) what can happen when you get too highly leveraged and the market has a rare alignment against you. Moreover, our trading record is maintained by an independent third party, not just by our own accounting (were those trades really made beforehand or not?). Remember when Hillary made $100K on a $5K stake in cattle futures because of fortutious backdating of trades by a "friendly" broker? Options are typically leveraged at ~ 10 times the underlying stock value, so not only can you gain a lot when you hit a lucky streak, but you can also lose your total account value a lot more quickly.

Sadly, my first impressions of the board host were right, and this seems to be simply a forum for seeing who can pee higher on the post, and we all know who the Big Dog is, don't we? He claims to welcome alternate views and opinions, but I don't really think that is the case, except as eventual avenues of attack or derision.

For all you adoring acolytes, just remember, he was wrong for a *long* time before he was right, so be careful about blissfully drinking the kool-aid that is being passed around here. No replies are necessary. Bu-bye...

Kind regards,
-CAPT J

"What would you attempt to do if you knew you could not fail?"

http://investorshub.advfn.com/boards/board.aspx?board_id=7383

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.