Thread: Legisi
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Old 09-05-2007, 03:08 AM   #192 (permalink)
Traderj
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Default Re: Legisi

Quote:
Originally Posted by makila View Post
Actually 6% per month is very tough, but possible, in my opinion. The 20% legisi promoted before they went private IS NOT. Banks most often have an average of 1-3% a month so risk double and 6% can be achieved ..
I'm sorry and I am not picking on you or being rude, but you are not correct about 6% being tough. There are tons and tons of real traders in the world that make 6% a month without any issue, you can add me to that list. I have traded for over ten years now and I have NO problem at all earning 6% a month, in fact that would be considered a very poor month. Naturally I am NOT moving the amount of money around that Legisi must be, so it would be harder to make the same returns as I do now with millions of capital.. do simple math my futures account has a balance of 50k, 6% is a 3k per month return... I generally triple that... I am by NO MEANS unusual in the trading world... what sort of experience to you have in the trading game? Again not being a jerk just asking...

The only thing that I disagree with in the LEGISI model is making the return fixed... that is not wise in my opinion if in fact real trading is going on....
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