Quote from OPTIONAL777:
That you can continue to pump this guy, and rationalize 4 losing months in a row......on a "technical system", down 38% in those 4 months thus far is odd.
He will have to gain over 50% just to break even for the year. And if I read his fee structure correctly, gains at this point, even from the low level mark, are such that he can participate in the profits....further eroding the chance for investors to recover. This is a total losing situation for an investor who came in at the first of the year, based on someone pumping 97% returns the previous year.
Could he do it? Hell, I don't know, but any system that depends on a return of greater than 50% just to break even is a loser system.
Obviously, you don't know shit about money management, or you wouldn't defend him the way you do.
His track record is a disaster at this point. I have seen it time and time again when I was in the managed futures business.
Schindler is a hack.