Monday, December 26, 2011

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His system proved quite profitable, but interference and second-guessing by management significantly impeded its performance. This experience provided the catalyst for Seykota going out on his own.
In the ensuing years, Seykota applied his systematized approach to trading a handful of accounts and his own money. During that period, the accounts Seykota managed have witnessed an absolutely astounding rate of return. For example, as of mid-1988, one of his customer's accounts, which started with $5,000 in 1972, was up over 250,000 percent on a cash-to-cash basis.
Seykota works from an office in his house on. His trading is largely confined to the few minutes it takes to run his computer program, which generates signals for the next day.
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