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Re: Daniel Kertcher/Platinum Pursuits - Serious or Scam?My 2c, Alvin claimed he has been in the PP stuff since 2009. If so, it's totally possible that he has experienced great returns without a major drawdown from selling volatility in stocks. Plenty of funds which are short vol in stocks have achieved this kind of return, exhibit A would be the PIMCO stocksPLUS series.[ATTACH]50964[/ATTACH]Obviously selling VXX would be similar. 30% PA returns have definitely been feasible since 2009.[ATTACH]50965[/ATTACH]'cos it seems like a few here are disputing it's possible. I just wanted to point out that it's totally within the realm of returns for selling volatility.Anyone reading this as a defense of PP or Daniel K is wrong, I still think it's a scam.
Re: Daniel Kertcher/Platinum Pursuits - Serious or Scam?
My 2c, Alvin claimed he has been in the PP stuff since 2009. If so, it's totally possible that he has experienced great returns without a major drawdown from selling volatility in stocks. Plenty of funds which are short vol in stocks have achieved this kind of return, exhibit A would be the PIMCO stocksPLUS series.
[ATTACH]50964[/ATTACH]
Obviously selling VXX would be similar. 30% PA returns have definitely been feasible since 2009.
[ATTACH]50965[/ATTACH]
'cos it seems like a few here are disputing it's possible. I just wanted to point out that it's totally within the realm of returns for selling volatility.
Anyone reading this as a defense of PP or Daniel K is wrong, I still think it's a scam.
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