Track record
- Are all of the recommended trades always profitable?
- What is the track record of every single one of your trades since inception?
- Does your track record include trading costs?
- What is backtesting?
- Is your track record backtested?
- Did you have your track record audited?
- Can I verify your trades myself?
No, and they should not necessarily be. Imagine that, with $100 to invest, we buy one share of an undervalued company for $50 and sell short one share of an overvalued company for another $50. The market loses 3%. If our undervalued company loses 2% to $49, and the overvalued company loses 4% to $48, we made one percent on the market neutral trade. However, the track record will show one winner and one loser, i.e. 50% of losing trades and 50% of winning trades, even though we made money with little or no market risk.
The founder of Inside ALPHA is Marc Mayor, who has devoted his career to helping people eliminate up to 98% of systemic risk, while making a positive, double-digit annualized performance in up, down and sideways markets 
