Feb
04
2009

  Back In The Cake Elite

I'm back in cake financial's "Elite" category (up from "Platinum"). I'm #65 of 66 members in the Elite, and since the top 1% of members are Elite, I guess that means there are now 6,600 investors on the site.

Interestingly, I'm not ranked very high within my investing strategy (market timers). I'm still pretty skeptical of cake's accuracy, I don't think they're calculating my total returns on the ultra ETFs correctly (they appear to be understated), and they might still have the basis wrong for some of my GLD purchases (which may be overstating my gains). Nevertheless, it still feels good to be ranked highly, a bit of external validation for my performance. Even though it doesn't really matter, it's not like I change my strategy depending on my rank. The ranking doesn't affect my confidence or lack of confidence in my trading ability. It's just a vanity thing, I guess.