PMCMG - BP (By PMCMG)

The user has deleted this system.

PMCMG - BP Discussion

Nov 01, 2009 at 17:34
1,042 Views
4 Replies
Member Since Nov 01, 2009   11 posts
Jan 23, 2010 at 02:41 (edited Jan 23, 2010 at 02:52)
This is my system I created. Many people comment that the return is only 2 -3% a month, but note that max leverage of 2 to 1 is used only in extreme circumstances. I wanted a system that had no chance of a fat tail.
"Rule No.1: Never lose money. Rule No.2: Never forget rule No.1." Warren Buffett
Elkart
forex_trader_7
Member Since Aug 01, 2009   941 posts
Jan 23, 2010 at 02:47
Warren Buffet did about 30% per annum I believe on average. You'll be at least as rich as him then...

Pretty good going I reckon.
Member Since Nov 01, 2009   11 posts
Jan 23, 2010 at 02:48
Thanks for you kind words
"Rule No.1: Never lose money. Rule No.2: Never forget rule No.1." Warren Buffett
Member Since Sep 04, 2009   879 posts
Jan 23, 2010 at 03:52

PMCMG posted:
    This is my system I created. Many people comment that the return is only 2 -3% a month, but note that max leverage of 2 to 1 is used only in extreme circumstances. I wanted a system that had no chance of a fat tail.


I agree absolutely with u. Its the key for SMART grid and marty systems. In most cases greed leads to lost accounts with these kind of systems.
Member Since Nov 01, 2009   11 posts
Jan 23, 2010 at 18:03
I agree PC8multifx, in my studies I think using anything more then 2 to 1 leverage will eventually lose its capital to a fat tail.
"Rule No.1: Never lose money. Rule No.2: Never forget rule No.1." Warren Buffett
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