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View Full Version : Too good to be true?



adufutuvorug
11-17-2015,
Hi, this is my first post here. I was sent these screenshots recently from a trading account and would value the thoughts of some other traders. Looks incredible - not sure about the risk (might be on the high side). I've been following Marks emails for a while and have no reason to doubt the authenticity of this ... (Just have to work out how to attach an image here!)
Click the image to open in full size.

afoqafozurer
11-19-2015,
Quote:
Originally Posted by Traderbeeb View Post
Hi, this is my first post here. I was sent these screenshots recently from a trading account and would value the thoughts of some other traders. Looks incredible - not sure about the risk (might be on the high side). I've been following Marks emails for a while and have no reason to doubt the authenticity of this ... (Just have to work out how to attach an image here!)
Click the image to open in full size.
post up a link then so we can all have a giggle.

Albertgax
11-19-2015,
Hmm,losers larger than winners, could be just breakeven + tick or two skewing it.
More notable is the total lack of any winners larger than the losing trades though.

Implies one of two things - averaging down / waiting until onside,
or requires high accuracy.
I'm tending to go with the former...

ahiayosakqeq
11-20-2015,
I'm with LV his highest losing trade is almost 3 times higher than is highest winning
As soon as he gets a bad run, he's f*****ed

akigurulo
11-20-2015,
10K transfer at start of statement, would depend on whether that is opening
balance or just margin float.
Given the dates and trade frequency, it looks like that is the opening balance.
In other words, spreads & comms probably not a massive factor in % terms of
net profit.

If trade freq. was higher, could have thought it was tick scalping with costs
being a significant factor - hence losers larger as spread & comms will
usually have that effect (unless earning spread & discounted comms).

Looks even more likely to be averaging down, waiting until onside.
At best average stop wider than average target.
Worse, no stops at all...