If you follow me on Covestor–the only bigtime real-time trader tracking website around with over 15,000+ traders/investors duking it out and somehow unable to topple me as I’ve held the #1 spot for close a year–I’m not that great, everyone else just sucks!–you’ve probly seen this PAGE with my ridiculous stats
To stop the annoying ignorant emails, for the 500th time–since most of you have brains the size of Michael Vick:
1. Covestor only tracks my trades, not my cash levels, since I only take 1-2 trades at a time, Covestor counts me as using 50-100% of my assets when in reality I use 15, 25, 35% of assets.
2. My return in 2008 was around 200%, see allllll the trades here (much better than any audit you whiny little bitches!) and understand the first 9 months I limited by the absurd pattern day trader rule….I’m not a great trader nor do I spend most of my time trading…my tiny account is just to show you I know what I’m doing and what you can do if you have the slightest bit of intelligence and/or my instructional trading DVDs
3. To this day, i still have yet to find a use for the highly regarded Sharpe Ratio…don’t even ask me how to compute it because I don’t care…all I know is that for my strategy, it always high and that makes me look good and makes other suspicious. I just take one good trade at a time…
4. Covestor is great for bringing transparency to this joke of an industry, but if you want to know about my trades in real-time and get the daily pre-market watchlists so you can actually reserve shares to short of my ideal plays, you must join TIMalerts
5. Given these ridiculous returns, many people think I should go all in every time….nooooo, I’m a conservative penny stock short selling day trader. Yup, you read that right.
