Well, if snake oil could make you 20% over the market that would be great,but like I said, I’m not trying to pedal it, I’m trying to find someone with real money behind them to use this system. Then you are taking advantage of something structural in the market, which is what I am doing. Ya know, Santo, that your attitude is probably the same as the others that I have tried to contact, disbelief and yet you are on a site discussing a system that can only win in one way, and that is following a trend, That’s not a system ,that’s a fantasy.If you want to make money in the market you have to do the same thing every day regardless of any indicator or the level of the market. I knew as soon as this yahoo Jim Fink mentioned indicators that his whole thing was crap, because there isn’t one indicator that means a damn thing, and if you trade off of one you will lose money, period. It seems to me that what everybody here is looking for is a way to make consistent money in the market,and so what I am talking about is very apropos to this thread. But I know I’ll be waiting a very long time. If you can find a way to do this, plus have the 20 percent safety margin this has ,you let me know right away. AND,instead of losing money I am making money, every day ,whether my balance goes up or down. Instead of being the card player ,I am the casino and instead of trading price I am trading time. And I’ll tell you why it works it’s because it does nothing like anybody else is doing, in fact mostly the opposite. I really have found something unique,and I really have no idea how to make any more use of it than trading it, which I have been doing for a year and a half now with significant money,as you can see.
Honestly, this is the most genuine post you can imagine. Does anyone here have an in with someone in the business who would be willing to open his mind just a crack to find out something new? I will get rich with this, but I want to cut some time off of the schedule. It is obvious that none of them believe that they have missed something structural about the market, and I can’t tell them what it is without giving the whole thing away. I have tried to make contact with someone who is a real player, including Wisdom Tree and Kevin Oconnor and another fairly large money manager, but to no avail. It requires no learning, just rote execution of the same trade over and over. As of today I am up 120000 on the year with an account that started at 280000. What I have come up with has only one trade,which I do only on the s and p 500 and has no loss down to a 20 percent market loss. All they do is expose you to risk and decrease profit. He does have half of an idea, but you all are right, spreads are a terrible way to try to make money, either in puts or calls. At the time Fink pledged to continue investing in what he sees as growth opportunities.I have been getting emails from this service for some reason, and after listening to the presentation I was worried that he had discovered the same system as I came up with last year. Even BlackRock, which has benefited by offering low-cost exchange-traded funds, announced layoffs in January. He told analysts last year that he thinks the alternative investments business can be a source of major growth for the company.Īsset managers have been squeezed by rising competition and pressure to reduce fees, and in recent months many have been cutting jobs and costs. Rob Fairbairn, who is already responsible for some top clients, becomes a vice chairman.įink, one of BlackRock's founders in 1988, has neither signaled any intention to leave nor publicly named a successor. Īs part of the changes, Mark McCombe, another potential Fink successor, takes on a new role as chief client officer to work with global clients, including governments, financial companies and investment consultants that steer money from big clients, such as pension funds. The alternative group's chairman is Mark Wiseman, one of several people tipped as Fink's possible successors. Conway, previously head of Blackrock's institutional client business, will succeed David Blumer, who is becoming an adviser.
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