Quote from: Aricoin_Mike on June 28, 2014, 06:57:18 AM

Quote from: ShakyhandsBTCer on June 26, 2014, 11:18:57 PM

Quote from: Simonsays on June 20, 2014, 11:29:35 PM

I couldn't agree with you more hvanra. Backtests showing eye popping gains are really just for demonstrative purposes. In reality there is orderbook liquidity and vwap slippage that brings things back to reality. What a 'million dollar backtest' does show, however, is consistency of performance over a wide range of market conditions.

"past performance does not guarantee future results"

Well said!

Thank you. This is a disclaimer that you will always see when investing in any mutual fund or a ETF, or other similar managed investment. I do not think I have seen it in any of the bitcoin related investments.