RE: Beginners Questions
(2016-05-15, 07:49 PM)malaguti Wrote:(2016-05-15, 07:32 PM)SebForLiberty Wrote:(2016-05-15, 06:48 PM)malaguti Wrote:(2016-05-15, 02:08 PM)SebForLiberty Wrote: There is a differance between "spending my time trying to discredit it" and simply asking proofs that it works (or not). It's just a fact most trading systems that can be readed in a book don't work, while the very successfull traders and investors don't waste time writing a book, since they don't need to. For now, based on my researches, Peter Lynch is the only one who wrote a book to explain his method and has a proven track record of very hight returns.
yet there is no evidence that Lynch's book has been statistically shown to help you make any significant return. Lynch himself may have but that means nothing, even less than nothing is a book that you yourself can't follow to achieve the same returns
That's something that can't be said for Weinstein which has PROVEN to me to make money, which is the only person's opinion that I care about. Has it worked for me, YES. has any other book. NO. Do I care whether Weinstein is or was on Forbes Rich list? not one cent.
its what works for you, not for the author, not for everyone else
When you say it worked for you, could you tell us since how many years and what's your average return ? thanks
"its what works for you, not for the author, not for everyone else"
I've been clear on my personal section every trade I've made, and backtested a simpler "version" of weinstein's method which is as close as I could come to backtesting such a method which can't be pinned down to a strict set of rules and entry criteria.
I can verify the results but they are on print. The method works for ME
Only you can tell whether the method works for you
That wasn't the question and Weinstein himself explain that what he teaches is a system that must be applied with discipline.