The trades themselves are good, but the author falls in love with his position and risks the entire account on it. This is a beginner's mistake. You should never risk more than some fixed percentage, probably no more than 2 or 3 percent, on a single trade.
PAP (Passionate About Profits) Trader
Trades
Futures, Forex
Cumu P/L
$11,565
Compound Ann Return
1.4%
# Trades
74
Sharpe Ratio
0.24
Subscribe for: $150 each month
No Ratings Yet
Comments 4/5/06 16:29 ET:
This is supposed to be the Vegas Wealth Builder system. I guess that's true, but the VWB is supposed to be able to pull vast amounts of profits. I think there's just no money management in the trades they're doing with this PAP thing. I think they're just using C2 for signal delivery and expect their subscribers to know about their system's details. I know VWB is one of the best systems there is and I use parts of it for my system.