they said their paper account did 2% over a few months, which is not beating the s&p 500, and is probably why they said "someone could make money off this, but not me"

I'm curious because 2% over the last few months while the S&P 500 is tanking might be interesting, but doing worse than the S&P 500 over the same period is less so.

Hell, that's lower than inflation.

It may be no better than flipping coins.

This year? 2% is most certainly is outperforming the S&P500.

eh, depends on the two months in question.

eh depending on what he means by 'specific set of criteria'. The vol might be lower than benchmark (i doubt it since they are pennystocks)

Pretty sure OP sharpe ratio is higher than benchmark for the last two months.

Something like Russell 2k would be a better comparison if GP is trading pennystocks.