Quote from nitro:
I am glad that you see the value. But what I am saying goes deeper than that. I claim that if you are a vendor, and you know that you have something to offer potential clients, why wouldn't you already be doing this?
I have recently been shopping several models to potential investors. Everyone wants to know things like what are your drawdowns, how much money does it need to trade, how scalable is it, what is it's basic premise, what if a plane hits a building, how will your model react, etc etc etc.
What I do is I collect statistics and I output the results to an excel spreadsheet. I can then give the spreadsheet along with a link to the account on IB that generated these statistics to potential investors.
If you are a businessman, why aren't you doing these things already? Not one person I have come in contact with has wanted anything less, and usually I have to provide even more than I anticipated.
Why not provide these things with or without rcanfields challenges?
nitro
Quote from marketsurfer:
why??? wouldn't winning a contest bring enough fresh blood into your seminars-- so you will be paid that way?
your challenge is INANE and CHILDISH--- win or lose it tells nothing.
your claims are bogus untill you prove otherwise, which im not holding my breath for.
how about this tough guy--- come on a new show with me on MSN money to debate the claims on your website and made here?
i bet you will not show up, cause you know you will be destroyed.
surf
Quote from nitro:
I am glad that you see the value. But what I am saying goes deeper than that. I claim that if you are a vendor, and you know that you have something to offer potential clients, why wouldn't you already be doing this? These things I am suggesting are elementary business documentation of skill and a viable business.
I have recently been shopping several automated trading models to potential investors. Everyone wants to know things like what are your draw downs, how does it handle risk, how does it bet/manage money, how much money does it need to trade, how scalable is it, what is it's basic premise, what if a plane hits a building - how will your model react, etc etc etc.
What I do is I collect summarizing statistics and I output the results to an excel spreadsheet. I can then give the spreadsheet along with a link to the account on IB that generated these statistics to potential investors.
If you are a businessman, why aren't you doing these things already? Not one person I have come in contact with has wanted anything less, and usually I have to provide even more than I anticipated.
As a businessman, why not provide these things with or without rcanfield's challenges? Doing so would not only put rcanfield and the rest of ET in awe, but would probably win you several dozen (hundreds ?) paying customers as well as respect.
nitro
Quote from marketsurfer:
his audience is non market savvy and generally very naive'. they do not ask him for proof, much in the same way one does not ask david blaine for proof of his magic after seeing it.
when asked he reacts in a bullying, intimidating manner--- throwing up challenges like that would prove something.
this guy is classic and obviously is protecting his "franchise" by refusing to make any market calls prior to the fact and refusing to have his system demonstrated in any way outside of his controlled classroom environment. pretty sad actually.
surf
Quote from ProfLogic:
My students range from hedge fund owners to pit traders to corporate bankers to attorneys to corporate currency traders to brokers, farmers and new traders.
You would be absolutely surprized at who some of my students are you petty unintelligent unic. I probably have more attornies take my class than anyone and if any of them thought what they got from me was even a speck less than they expected my butt would have been in a ringer way before now. I even have an attorney, dual Ph.d., and one of the most respected lawyers in Ohio, Pennsylvania and Michigan helping me now and wants to take over teaching my class.
You are clueless. I've made calls in your journal and emailed you picks prior to execution but you ignorned them for whater excuse seemed fitting at the time. You are a weasel of the highest order and you should be on television so the whole world can see you make a complete and utter fool of yourself.
I have never understood the whole thing about a journal. The only thing that perhaps makes sense in them is that if you are discretionary trader, or you have a discretionary component to your trading, you have a record of what you were thinking at the time.Quote from marketsurfer:
...
however, why not post some calls here, put your system on collective2 or whatever, even papertrades are good enough to prove it is what you claim it is??
surf
Quote from nitro:
I have never understood the whole thing about a journal. The only thing that perhaps makes sense in them is that if you are discretionary trader, or you have a discretionary component to your trading, you have a record of what you were thinking at the time.
But then why only pick on this guy? Why not pick on the countless journals in the ET section? You have a journal on there surf. Why not put put your system on collective2 or even simpler, open an IB [paper] account and with your commentary on ET, give a link to the statements showing the trades you made?
If we are to hold others to these standards, shouldn't we hold ourselves to the same standards?
nitro
Quote from ProfLogic:
I will repeat moron . . . I will trade you head to head . . . for money. We trade the emini DOW for a month, minimum 3 trades per trading day.
Winner is 50% total return on account & 50% win percentage. Audited by an independent source.
You win . . . I pay you $50,000 cash . . . in person.
I win you pay me $50,000 in cash . . . in person.
Payable after completion of audit.
Cash up front.
PUT UP OR SHUT UP, weasel.