Larry Williams still in the ring...

[Frederick Foresight]

Clown shoes. "Down by half" is not a system.

Assuming it's even true.

https://www.elitetrader.com/et/thre...rofessional-trader.319792/page-5#post-4656004

 

[destriero]

Assuming it's even true.

https://www.elitetrader.com/et/thre...rofessional-trader.319792/page-5#post-4656004

Yeah, didn't the dude do time?

 

[Frederick Foresight]

Yeah, didn't the dude do time?

I think that had to do with tax evasion. He seems to have gotten away with separating people from their money.

 

[MKTrader]

Assuming it's even true.

https://www.elitetrader.com/et/thre...rofessional-trader.319792/page-5#post-4656004

His current system results are monitored by a 3rd party service. If you can't trust that, it means you can't trust any CTA tracked by AutumnGold. I've actually used a few of them, and the reporting was 100% accurate. If it were easy to cheat, you wouldn't see so many with bad performance.

 

[murray t turtle]

His current system results are monitored by a 3rd party service. If you can't trust that, it means you can't trust any CTA tracked by AutumnGold. I've actually used a few of them, and the reporting was 100% accurate. If it were easy to cheat, you wouldn't see so many with bad performance.

%%
I dont have time to comment on the drawdowns;
but he did call the DOW bottom area/strong employment report about end of DEC 2018 or early Jan 2019. I did not even know i was on his email list LOL. I don't even track the Dow that much so, when i first saw his email, laughed to myself . Good call + timing .NOT a prediction or endorsement but facts are facts.

 

[MattZ]

There is no excuse for OPM losing 50% regardless of the duration of the DD. How does anyone make the case that it's acceptable to keep an investment on a 50% haircut unless it happened to somehow beat the benchmark (in question)?

It is very hard for retail to digest such drawdowns (50%), so he must have lost a substantial number of subscribers along the way.

 

[bln]

What's an acceptable range for drawdown?

A few years ago I had 20% on annual basis for 60% annual return with my previous trading model. Yes 20% is a lot of risk. Today I'm at 4% for 25-30% return but my account is also much larger. Did improve the risk ratio from 1:3 to 1:5, I can always leverage up if I like to to take on more risk.

 

[GlobalMacro90]

A few years ago I had 20% on annual basis for 60% annual return with my previous trading model. Yes 20% is a lot of risk. Today I'm at 4% for 25-30% return but my account is also much larger. Did improve the risk ratio from 1:3 to 1:5, I can always leverage up if I like to to take on more risk.

You have 25-30% annual returns and a vol of 4%? aka a Sharpe around 7? Are you Jim Simons?

Give me a break

 

[bln]

You have 25-30% annual returns and a vol of 4%? aka a Sharpe around 7? Are you Jim Simons?

Give me a break

4% max draw down on annual basis.

Not quite as good as him. Believe he has both lower max draw down and higher return on a annual basis.

 

[MKTrader]

A few years ago I had 20% on annual basis for 60% annual return with my previous trading model. Yes 20% is a lot of risk. Today I'm at 4% for 25-30% return but my account is also much larger. Did improve the risk ratio from 1:3 to 1:5, I can always leverage up if I like to to take on more risk.

Ah, yes. And you split time between your yacht and 6 mansions around the world, too, right? When will you release the video of yourself cruising in your newest lambo?

(Sarcasm mode off): High-net worth individuals would kill for investments with those kind of metrics. Without proof, I'm not buying it at all. But this is ET, where anyone can claim anything.