Quote from Hubert:
My partner will be presenting for the CBOT again
I think they are giving away Video Cd of some of our stuff
Have Fun
Hubert
Your partner? My condolences...I posted this somewhere else as well.
Two years ago I had John Carter trade my account (I had no time to trade myself, and from his "record" it seemed feasible).
I gave strict instructions as to what percentage of capital to risk (at the beginning 2%, then I reduced it to 1 and then to .75%. I knew about money management but that did not protect me in this case). In about 5 weeks he managed to lose 40% of the account. That was a $80,000.00 loss, by the way. He put on big positions with options that just imploded. I was a bit caught off guard when it happened so quick, then I stopped the bleeding.
I am not posting in order to have some silly poster gloat about it- ( I know, I know), and I made the money back. My point is that if somebody runs a search on John Carter, at least he (or she) is warned.
And, by the way, should somebody require documentation , I have our email correspondence and the trade records on file. PM me if that is required.
