Aaron chat

[DisciplinedHedg]

Quote from OPTIONAL777:



Why would you believe in him?

He has no long term track record to establish trends, or anything beyond luck......good or bad.

As he has said, Aarons system is strictly systematic and mechanical. Those previous gains, as well as the current losses, fall well in the parameter of his system so he says.

So whats the point of all this bashing? He has done nothing unusual.

You guys going to cheerlead when he performs well? Or just bash him when he's down? Cheap entertainment? I guess that's all that this forum is good for!?! In that case, Aaron couldn't give a rat's a** what is said about him here!?!

Come on...everyone go make some money already!

 

[OPTIONAL777]

Quote from DisciplinedHedg:




So whats the point of all this bashing? He has done nothing unusual.

Those kinds of drawdowns are usual?

And you wonder why we are bashing him?

Four losing months in a row for a pure technical system, in a market that like the past 4 months, is pure crap.

 

[50_luma]

Before criticizing, please post the results of a 5 mil. dol fund that you're running.

 

[OPTIONAL777]

Quote from 50_luma:

Before criticizing, please post the results of a 5 mil. dol fund that you're running.

Why? Are you saying we have no right to critique his trading unless we run a fund? That is nonsense.

 

[ElCubano]

Quote from OPTIONAL777:





And you wonder why we are bashing him?

Critique yes; but outright bashing, I would say yes you have no right, unless of course you put ur numbers where we can critque, I mean bash as well....Its not like he is lying about his numbers.. just my opinion.....

 

[OPTIONAL777]

Quote from ElCubano:



Critique yes; but outright bashing, I would say yes you have no right, unless of course you put ur numbers where we can critique, I mean bash as well....Its not like he is lying about his numbers.. just my opinion.....

By your logic, I have no "right" to bash politicians, corrupt clergy, vapid L.A. types, Wall Street types, etc.

What is with this defense of a guy who pumped himself up in an online Chat session here at ET, tried to tell us how good his "system" was, and now looks like he can't trade his way out of a paper bag.

The guy is pumping up his system, publishing charts like this:

and you worry about me "bashing" him? Well, if someone can't handle bashing on the internet by an unknown person, how the hell are they going to handle an investor who entrusted his money to Schindler, based on performance in 2002, and is now down 38% during a period where the market has had great moves?

Get a thicker damn skin if you want to be in this business.

 

[RainMaker3000]

I would expect the drawdown given the return he showed for the last two years.

but i do have to agree with the fact he needs to cut down his system's risk exposure per trade.

good luck

 

[reflexivetrader]

The fact of the matter is that Aaron neglected to state in his chat or on his website his risk/money management.

As a CTA, Aaron should have his Disclosure Document viewable on his website. The document would fully disclose his background, program description, trading methodology, risk management, and his track record.

But instead his website highlights his "Schindler Trading in the News" and how his CTA is listed in Futures Magazines Hot New CTA for 2002, 3rd highest return in Nov 2002 for a CTA, his 97% return in 2002.

Well hey, that's all fun and great!!! But, where is his Disclosure Document??? Wheres the transparency???

We on this board have every right to ask these questions and question Aaron's CTA, performance and his trading methodology!!

 

[DisciplinedHedg]

Quote from OPTIONAL777:



Those kinds of drawdowns are usual?

And you wonder why we are bashing him?

Four losing months in a row for a pure technical system, in a market that like the past 4 months, is pure crap.

Usual per his system yes.

It appears that his returns have little correlation to the market. So if there's little correlation, whats your point in bringing up what the market has done in the past 4 months?

And you say he "pumped" himself up during the chat? I don't see it, and I've read the chat twice and gotten tidbits of knowledge.

Actually, you get your amusement from "bashing" him! I get my amusement from listening to you "bash" him with inane arguments!!!

 

[marketsurfer]

what i found disturbing is the number of small investors in the schindler fund. hedge funds are NOT designed for small investors even though the letter of the law allows a percentage of the 100 partners to be non-accredited, it is certainly not the spirit of the law for non accredited investors to participate in hedge funds. commodity pools masquerading as hedge funds is one of the reasons the hedge fund industry is coming under fire by regulators.

it will be extremely difficult ( although not impossible) for mr. schindler to get back to even, let alone surpass the "funds" high water mark. this will require extraordinary risk and nerve. i certainly hope he is able to pull it off, before there is major regulatory changes in the hedge fund industry, but the odds are big time against him at this point.

best,

surfer