I'm with grommet on this one - any system that can guarantee you "40%" is worth more than as the actual trading system than it is as a system that you sell to other people to make 40%. Whenever I get e-mails from these okes I always send a reply asking why they don't just trade their system and I never get a response, so I don't go to their presentations. Here's what I reckon is achieveable over typical 5 year period: 1) Passive long only investment eg STX40 buy and hold: Inflation + 4ish% 2) Well managed long only portfolio: Inflation + 5% 3) Trading long only, no gearing : Inflation + 10% 3)Trading long only, geared - depends how good you are but Inflation + How good you are seems realistic 4) Trading no short constraint - depends how good you are but could be Inflation + how good you are multiplied by how much gearing you're prepared to accept. 4) Market neutral portfolio, hedge fund type approach - Inflation + 15% is probably achievable, again depending how good you are. Where am I at the moment - trying to work out how good I am.
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