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Yeah, I figured it out as it didn't make any sense otherwise. But I have to say I'm disappointed. Below is equity of your system vs sma260. I thought, low pass filter will beat the crap out of sma.

What are initial values for LP[1] and LP[2]? Zeros?

Closed short copper with loss -4.2k Opened short UsdCad @ 0.9774 Opened long AudUsd @ 1.0376 Account Value 189k

Closed short Palladium with loss -3.2k Opened short Rice @ 14.63 Account Value 195k

Closed long AudUsd with loss -3k Closed short Platinum with loss -5.7k Account Value 191k

Forget Harding's AUM. Look at his results. Patak would not fund him, despite Harding being a definition of a success. As Steve said, 20 days too random. Patak must know it, but they still do it. WHY?

It is legitimate. I'm trying to make my opinion about Patak. How serious are they if they look at the last 20 days ONLY???

So, if at the beginning 2010 David Harding came to them, they would not back him?

Thank you for your answer, but I really would like to hear "yes" or "no" from Patak.

I asked this before, but question was lost in hundreds of others. I hope someone from Patak can answer this: Will you fund a trader who is profitable in last 5 years, but not profitable last year (and last month)?

First of all, not really a sim as I trade another account in nearly the same way, same balance. Second of all, I wanted to show my results in public so I feel more responsible by results. At some point couple of years ago, I felt no responsibility for results whatsoever, as I was always a...

Bought GbpUsd @ 1.5882 Account Value 197k

Closed short on Silver with loss -6k Closed long on Nikkei with loss -2.6k Account Value 197k

The value I post every time is a sim, but there is another real with nearly the same value and identical trades + Polish options and futures.

Feel free to elaborate.

Value of this account and value of my real account is about the same (I'm profitable with Polish options, not profitable with futures).

No, that's my actual account. I decided to trade with big risk hoping for big rewards. My psychology is not affected, I'm quite detached from money, that's why I started this journal.

Michael, Do I understand correctly that you will not back profitable traders with 5+ track record if they in drawdown last year, but you will back traders who got lucky with last 10-15 trades?

Closed short gold with loss -5.3k Account Value 197k

Opened short Palladium @ 617.05 Account Value 200k