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Andy wrote:
> I do not believe he can hold
> himself up and represent
> himself the way he is. If he continues to claim 100% profits and audited
> accounts. Please by all
> means force him to become a NFA member so that he can be held accountable
> for the inaccuracies of
> his claim.
I'm not a futures trader - but if that's all his system has delivered in the
last 6 months (100%), then I assume that this would be a pretty poor return from
this period. The way I figure it, a buy and hold strategy would have delivered
over 3 times this in the last 5 months. If the thing's any good at all, it
should be at least able to match this. Actually, I had no idea that the margin
requirements were so low until I read Neil's post. Maybe someday when they get
a decent electronic execution system for the SnP, I'll give this a whirl.
Regards,
A.J.
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