BWolinsky Trading

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Quote from bwolinsky:

I had presented this system to a Venture Capital Firm with a funding request of $5 million. They agreed to fund my request after thoroughly exmaining real trades and the hypothetical trades in the backtest.
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Funding request of $5MM. What is the actual level of funding? ;)
 
you gotta be kidding, I have never heard such horse manure before. You are either pulling this story out of your arse or you must have met the most naive and dumb guys in the whole funding universe.

Every other guy in professional finance has your qualifications or better. Plus your performance story really does not sound at all credible let alone you have nothing whatsoever to back it up.
To get the funding you indicated you must have either been increadibly lucky or bullshitted yourself the whole nine yards through this. Don't get me wrong I am not jealous, just amazed about either what stories people invent or how dumb money there really is still out there, particularly in those times.

Oh, before I forget, what is your actual point here and where are you trying to get to with this thread? I must have gotten lost somewhere...




Quote from bwolinsky:

They requested the confirms. They got them. Substantial money had been trading with it to produce the real results they sought. Obviously I'm not posting them out here, but you can follow my real trading elsewhere.

You're really beating a dead horse. It doesn't even matter what happened in the past because they've already sent my letter of interest. What happens when they plunk down the money on a highly qualified Level II CFA Candidate with a BS in Financial Economics is what they care about. Results were one thing, qualifications were obviously more important to them.

I was going to charge them 1% with 20% profits, but with a clawback.

You know I have gotten returns substantially similar to C2. C2 is only what you as an outsider can see. There's now an alternative site that you can also see straight out of my brokerage accounts but shall remain nameless.
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Would you buy a used car from this man? Or a ripped-off Wealth-Lab hack? :D




<img src="http://4.bp.blogspot.com/_xQnqbPVccqo/Sd1pMZ6v_8I/AAAAAAAAAAc/CNqqkxH93es/S220/Beau%2BWolinsky.JPG"/>

Quote from bwolinsky:

Anyway, I'm not a trader, but an RIA rep and the best trading strategist in this country.
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earlier it was millions now its hundreds of thousands...speaks for itself ;-)


Quote from bwolinsky:

Are you stupid enough to think that I don't trade? You think the trades on c2 are coming out of thin air? No. I trade with hundreds of thousands of dollars. C2 is the best way of showing the net how I do. It's realistic, and just because you can't see the actual dollars certainly does not imply I'm not trading with it.

You can't use WL unless you're an active trader with $25k at least of assets making at least 120 trades per year.

Don't believe me, have a look at the link then. They don't let you use WL5 for free.

http://personal.fidelity.com/produc...Lab_Pro_Overview-Tools.shtml.cvsr?refpr=brk23

How Do I Get It?
Eligibility: Available free to customers who place 120+ trades/year and have $25,000 in assets.

Way over the asset mark, and making the required amount of trades in several accounts of varying types.
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Wonder what he's using to secure the loan. Because as a commercial loan guy, my experience is that hard money guys are gonna want full recourse, with an exorbitant interest rate, for which is more often than not an interest only loan with a term that usually doesn't go above 2 years. In other words, hard money/venture capital is also considered to be bridge financing. For which the individual applying needs to show a reasonable path to the other side of the bridge within the term of the loan.


Does anyone else feel like this is an outtake scene from Napoleon Dynamite?
 
Quote from yeah_right:

QUITE A CASH COW YOU HAVE, BWOLINSKY.....ITS THAT YOU MILKING HER?
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That's a good one. No, naming a system does usually require some credit to either where it comes from or to the idea behind it. In this case that is what Scottd had called it.
 
Quote from atticus:

Funding request of $5MM. What is the actual level of funding? ;)
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It sounded like they will match what one of my clients puts up, and that will fill the request.
 
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