Managing Funds for a Living

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I'm amazed at why you don't realize that you have zero credibility here, regardless of what you have done in the last 10 weeks.

Let's recap - you come to ET and claim 10 years of great returns. Someone suggests you build a track record at C2 to prove your performance - you agree.

You go to C2 create a system and begin trading it using the same "proven" system that you use on your web site.

In next 6 months your performance varies from negative to slight above break-even with a 20% drawdown at one point (e.g. not low-risk as promised) [http://www.collective2.com/cgi-perl/systems.mpl?want=publicdetails&systemid=26557785]

Instead of sticking to it with kind of the patience and professionalism a veteran so-called hedge fund trader would demonstrate, you decide out of the blue to take a shot at trading futures with the system and fail miserably, killing the C2 system. Then you proceed to create 2 more C2 systems and blow those accounts out as well.
http://www.collective2.com/cgi-perl/systems.mpl?want=publicdetails&systemid=26557785
http://www.collective2.com/cgi-perl/systems.mpl?want=publicdetails&systemid=29417555

Now, do you really expect anyone to give a rats ass what you do with the latest generation of C2 systems? Like your recent performance negates everything that has come before it?

You have already proven that you lack discipline, follow-through and patience. Even if you aren't an out and out liar (which is debatable), you clearly did not meet the expectations that you yourself set forth in this thread. In summary, you're all talk.

That's it - end of game. You have nothing to share with anyone here. You are a self-proven failure.

Next time you go off and tell a crowd with 100% certainty that you are going to do X then you need to actually do it:
What we have is very consistent, comparibly low risk approach to exponential growth that launches into the stratosphere in a very short while.
More...
Don't expect people to give you several tries to get it right, to learn as you go, especially after you have been bragging on and on about how you have been doing it for 10 years and have it down perfectly.

Any more questions Gilbert?
 
Every goal continues to be met. First C2 fund exactly tracks 8-yr performance - are you blind, stupid or just ignorant.

There was more DD because in the process I incorporated index spread strategy - I know you followed this and it did increase my annual average from 50% to 75% or a 50% improvement!

XxxxxxxCapital.com continues and will continue to blow you and any other away as I have proven to subscribers and am proving HERE with each passing SUCCESSFUL day, ROTFLMAO. Less DD, less annual average but still HUGE at 50%+ since it strictly uses covered calls.

You act like you do not KNOW THIS but you do.

And yes, stumbling across futures has and is providing an enormous potential when coupled with my Market Direction calls (ALL stated here) - probably in the long run worth more than just shaking a stick at!!

I don't see this in your synopsis GTS, I wonder why. Oh yeah I am without any merit PERIOD, right?

So back to the enormity of the futures-traded potential, yes MANY avenues were experienced with my first 2 systems ALONG WITH MANY TRADES to put together my current - now successfully working - strategy.

Perhaps if you are honest with yourself, you'd say gee yes there is a stark difference. These new systems have scant few trades unlike the past. Perhaps one has worked things out in conjunction with those accurate market direction calls.

Hmmm, said gentleman is actually on track so far in 10 weeks with most of what C2 describes as success (3-6 month and then tank). Perhaps that is why GTS sticks around, I mean it makes (pays) sense to watch and see can it get over that 5-6 month hump!?!

But in the meantime we may not necessarily want to see that happen (for whatever reason) and I a bold and full of courage behind the Internet spo why don't I keep posting like I am someone and say GilL is paynonsense - after all if it detracts and throws him off I can continue to feel good about myself and say AH I KNEW IT! For whatever reason, LOL..

Gilbert

Describe potential merits or advanced projects beyond these goal? Why? I am a loser - NO you are not. Get up man and feel good!!

Any questions?

I mean constructive dialogue is what is best. You do not feel compelled since you see no value. So go about your business and leave me and mine alone. Or offer some real dialogue between colleagues that would usurp uncovering further trading/management/business potential. So no one is interested - sounds selfish and greedy. . .but then again I am at "EliteTrader.com".

I mean why judge me so harshly. I just started using futures. I am not the first person to have their first C2 systems "fail" and to go on with success?!?

I guess that is why I named my handle:

paysense

:p
 
Here are a few suggestions.

1) Less talking, more trading. Stop with all of your posting about your system, and just concentrate on trading your best systems.

2) Close out your systems that did not work, and trade the ones that you believe have potential for at least a year to establish a real track record.

3) Then after a year, come back and post if you actually succeed but make it brief just describing what you accomplished over a year and what you learned.

4) If end of year, you don't improve, start listening rather than talking. Try studying Jack's trees and forests since you don't even have to pay to learn the difference between a tree and a forest. :-)
 
Closing out these positions as there really is no benefit (premium) to continue holding them until next Friday's option expiration.

With today's dip we will look to new Jun positions that will make out $$$ work harder for us.


<b>Wednesday, May 7, 2008
2:45 pm EST

Bought (1) CLWR May 12.5 (QCWEV) call option contract at $4.55 (ask).

Sold 100 shares of CLWR (Clearwire Corporation) at $17.00 (bid).

Bought (1) CLWR May 15 (QCWEC) call option contract at $2.20 (ask).

Sold 100 shares of CLWR (Clearwire Corporation) at $17.00 (bid).</b>

pS
 
Quote from paysense:

Every goal continues to be met. First C2 fund exactly tracks 8-yr performance - are you blind, stupid or just ignorant.

There was more DD because in the process I incorporated index spread strategy - I know you followed this and it did increase my annual average from 50% to 75% or a 50% improvement!

XxxxxxxCapital.com continues and will continue to blow you and any other away as I have proven to subscribers and am proving HERE with each passing SUCCESSFUL day, ROTFLMAO. Less DD, less annual average but still HUGE at 50%+ since it strictly uses covered calls.

You act like you do not KNOW THIS but you do.

And yes, stumbling across futures has and is providing an enormous potential when coupled with my Market Direction calls (ALL stated here) - probably in the long run worth more than just shaking a stick at!!

I don't see this in your synopsis GTS, I wonder why. Oh yeah I am without any merit PERIOD, right?

So back to the enormity of the futures-traded potential, yes MANY avenues were experienced with my first 2 systems ALONG WITH MANY TRADES to put together my current - now successfully working - strategy.

Perhaps if you are honest with yourself, you'd say gee yes there is a stark difference. These new systems have scant few trades unlike the past. Perhaps one has worked things out in conjunction with those accurate market direction calls.

Hmmm, said gentleman is actually on track so far in 10 weeks with most of what C2 describes as success (3-6 month and then tank). Perhaps that is why GTS sticks around, I mean it makes (pays) sense to watch and see can it get over that 5-6 month hump!?!

But in the meantime we may not necessarily want to see that happen (for whatever reason) and I a bold and full of courage behind the Internet spo why don't I keep posting like I am someone and say GilL is paynonsense - after all if it detracts and throws him off I can continue to feel good about myself and say AH I KNEW IT! For whatever reason, LOL..

Gilbert

Describe potential merits or advanced projects beyond these goal? Why? I am a loser - NO you are not. Get up man and feel good!!

Any questions?

I mean constructive dialogue is what is best. You do not feel compelled since you see no value. So go about your business and leave me and mine alone. Or offer some real dialogue between colleagues that would usurp uncovering further trading/management/business potential. So no one is interested - sounds selfish and greedy. . .but then again I am at "EliteTrader.com".

I mean why judge me so harshly. I just started using futures. I am not the first person to have their first C2 systems "fail" and to go on with success?!?

I guess that is why I named my handle:

paysense

:p
More...

You want my honest advice. No one is going to invest with a fund manager that has diarrhea of the mouth. Just make your point in 3 sentences. You are trying to attract investors but taunting, chest thumping, long winded with no point rants look childish and immature which is the opposite qualities people look for in someone they want to trust their money with.

I do not know your performance nor care but know that anyone reading your page long rants and ramblings will acoid you like the plague. If you do not believe me, then ask yourself why if your "hypothetical" track record is so amazing for so many years you are still paper fucking on C2 and posting here instead of running the fund you dream of. My guess is people read your posts.

So even my post was a little long winded so let me summarize it:

Lose the verbal diarrhea, focus on trading, write your thoughts in a paragraph of as little sentences as possible and focus on trading (repeated on purpose), not getting applauded by people for your fake track record.

^^ See how my point was made in a short paragraph there.
 
Adding this OTM position which pulled strongly back with the market (in lower volume) after yesterday's high volume advance.

OTM: allows for a bit of appreciation.

<b>Wednesday, May 7, 2008

3:20 pm EST

Bought 100 shares of CALM (Cal-Maine Foods, Inc.) at $31.10 (ask).

Sold (1) CALM Jun 35 (QKMFG) call option contract at $1.35 (bid).

Stop Loss: $29.75</b>

Point taken optioncoach. By focussing on trading MAYBE mid-term posted results will unfold and then prehaps some constructive dialogue.

All the rest of my replies will be as such:

LOL :D :D :D :D

Regards,

pS
 
atticus is right. ask 'em to delete the thread. start over. ignore critisism. stick to a plan.

at least it wasn't your money, right? live and learn.
 
New position:

<b>Wednesday, May 7, 2008
3:55 pm EST

Bought 100 shares of ACOR (Acorda Therapeutics, Inc.) at $19.75 (ask).

Sold (1) ACOR Jun 20 (QORFD) call option contract at $3.45 (bid).

Stop Loss: $16.30</b>

Earnings were reported Monday. Option premiums are very high - so there is some inherent risks. If it precipitously falls we want it to trigger our stop price.

Our PRO Fund inherently uses a bit more risk - up to 50% or borrowing against half of our portfolio only during these "opportune" market periods.

No risk- no reward, so going out on a limb with this and VNDA:eek:.

pS
 
Dear Thread Starter:

If you want to be taken seriously,

- stop LOL-ing and ROTFLMAO-ing.

- stop trying to "justify" and "defend" every criticism that comes your way. It just makes you look bad. Really bad.

- work on your trading and let your numbers speak for themselves. That's the ONLY thing that matters if you want OP's money to run a fund. Granted, your numbers really suck badly right now, but luckily you're not playing with real money, so keep working at it.

Best of luck.
 
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