Quote from coolweb:
Hows your capital doubling this year spydertrader?
I anticipate exceeding last year's ROI by mid - December 2006. The
actual return for last year went well beyond 100% ROI. I only posted trades involving entries from the
long side. Choosing to focus only on long entries first (especially for new traders), I rarely included the vast majority of short trades (a significant portion of profits) into the Journal trade summary. With few exceptions,
Journal One explained the methodology used and documented the success of The Hershey Equities Method.
Journal Two has taken on an entirely different tone. Because of the significant time commitment to accurately analyze and post (in real time) every signal for the system, I opted to focus on the results of others as they learned the fundamentals of trading the Hershey Equities system. As to whether or not the actual profits meet or exceed Jack's claims, one simply has to view the results of this
new trader (still in the learning process) who sold half his shares for a 9% gain in a single day. Perhaps, helping others achieve their own measure of success has become a practice so foreign you cannot recognize it when it jumps up and bites you in the ass.
I apologize to the OP for continuing to take your thread off topic, and I will refrain from answering anymore off topic comments from Mr. Coolweb.
- Spydertrader