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  1. M

    BWolinsky Trading

    LOL... weren't you banned a while back? You should know that Beau won't believe any returns unless he sees them on C2 or covestor... in effect you'll end up arguing into a wall. I don't know what it is about this thread that keeps me coming back. Normally I ignore people like Beau, but...
  2. M

    BWolinsky Trading

    well, beau's got talon on ignore so i'm quoting to make sure beau sees the post. also , beau has had a few of my posts removed where, admitedly, i'm being a bully. the engineering comment is in reference to beau bragging about being some math wiz earlier. lots of people know a whole more math...
  3. M

    BWolinsky Trading

    Very good post talon. Bwol, From http://en.wikipedia.org/wiki/Pairs_trade : you are not making a bet on the direction How exactly is taking a single position in QID or QLD hedge sector- and market-risk? Mike P.S. LOL, your think you math skills are super-duper don't ya? Vector...
  4. M

    BWolinsky Trading

    Beau, When everyone questions your logic about assigning a name to a system and when that questioning happens to be unanimously against your position... well, its time to stop being stubborn and admit you have made a mistake. In fact this is the underlying theme in most of our posts here; you...
  5. M

    BWolinsky Trading

    Hi Beau, This trade list shows trade P/L after all costs/fees, i.e. these are actual trades. So what you are seeing is a % P/L that includes commissions and slippage. In real terms, I'm netting about $0.015 per trade with this system. My fees and slippage are significant as this system uses...
  6. M

    BWolinsky Trading

    Finally! Thank you talon for pointing out in detail what many here have attempted to point out over the last couple of years. Bwol has several gaps and inconsistencies in his development process, yet, because his head is so far up his own ---, he won't step back to re-assess and retool his...
  7. M

    ASSENT - got this offer... are there better out there?

    Kill the seat fee and the remote fee and you'd have a decent deal. Even without those two fees, you're going to get similar rates at IB. The remote fee is negotiable (at least it was 2 years ago last time I checkout Assent). Do you not have 30k for a retail account? IMO, the only benefit...
  8. M

    1/4% Tax on all stock trades pushed in NY Times today

    Hey Guys, What can we do to get this a--hole Defazio out of office? Who is Defazio's opponent? Anyone know of any skeletons in his closet? At this point, this is personal. I want to see to it that Defazio's livelihood is taken away... Any suggestions? Mike
  9. M

    BWolinsky Trading

    I apologize for saying you deleted posts. You did not. Here is the post I was refering to. Quote from Beau from C2: "Hi, all. I recently presented Pairs Trading QID QLD Scalper to a VC firm. They agreed to be a co-investor with one of my other clients in the amount of $5 million. (I didn't...
  10. M

    BWolinsky Trading

    Beau, With all due respect, I wouldn't have even gone down this road had it not been for the sheer size of your unfoudned ego. Your attitude is one of the worst I've come across. If it weren't for the constant selling of yourself and your system, as well as the comments on other threads where...
  11. M

    BWolinsky Trading

    Magna, Lets be fair. My comments were rude, but, the fact is this guy is not being truthful. He's here trying to push/sell his system. To add, he's made up a "VC Funding Group" that has funded this thing with 5mil imaginary money (he wants us to believe its real money). First he claims it...
  12. M

    Tradestation signal > IB trade

    Hi, I'd like to add some features. Where can I find the source for TradeLibFast.dll? Thanks, Mike
  13. M

    Having trouble focusing at my day job

    SM, My wife has mentioned that I sometimes sound a bit harsh with my writing style - I apologize if I came across that way. My intention was not to be harsh, but rather present an opinion that you can take however you wish. I've been in this business a while and seen quite a few edges, some...
  14. M

    Having trouble focusing at my day job

    SM, I've waited a bit to make a written response to you regarding this issue. I think you've gotten many good responses here and I'm glad you're getting a bit of a reality check. There are several issues with the model you have. Foremost, let me say there are 100's of ways to make money...
  15. M

    How to start a small mom & pop fund ?

    What about taxes and charging fees? If its an individual account and unless you have an EIN, you're going to be paying the taxes... Best thing to do is start an LP in Delaware and get an EIN for the LP. You're the General Partner, or you can create a management Co. to be the general partner...
  16. M

    Reality based coin-tosser method that beats 95% of traders in the world.

    Hmmm, so take one trade, exit it and only then take another? Serial only, no-parallel is what you're saying? Interesting. I'll give that a try.
  17. M

    Reality based coin-tosser method that beats 95% of traders in the world.

    Thanks but it is never easy. I have drawdowns just like every one else and one always wonders when the edge will disappear. There is no such thing as easy money in this business. No model is perfect and I've had some awful down days (9/29/2008 was my worst in recent memory...). When things go...
  18. M

    Reality based coin-tosser method that beats 95% of traders in the world.

    See the previous attachments. This model was originally constructed for a portfolio, hence its individual behavior will be different across CL, TF, YM, AD, equities etc. When looking at the portfolio results I have a ton of trades and a smoother curve, but when looking at individual products the...
  19. M

    Reality based coin-tosser method that beats 95% of traders in the world.

    There is no advantage in employing correlated models/instruments other than when you're right - you're right big time (vice versa for losses). This is one execution model out of about 30, so while this one may take up to 200 correlated trades all losing/winning together, the other models will...
  20. M

    Reality based coin-tosser method that beats 95% of traders in the world.

    Good ideas come from everywhere, regardless of ones background. I'm not sure I understand your suggestion - my max. loser count is 15, so how does that figure into an 80/20 rule? Please explain a bit further... Losing trades are kept small, hence the high run count of losers, I can easily...
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