|
PureBytes Links
Trading Reference Links
|
"Re: [RT] question for systems traders"
Tom,
I know that you trade the grains, so I will limit my comments to only the
wheat market. I have used a mechanical system, for the majority of my
customers, for the last four years.
Last year, we traded wheat 24 times and with 22 winners, 2 losses. I wanted
to publish the account statements, but was informed that the statements were
not enough, they had to be independently audited. So, currently, they are
being audited.
With $6 round turns becoming an everyday occurrence, I have filed a
disclosure doc to allow my CTA status to be elevated, allowing me to manage
money (it's what I've been doing since 1975, but currently, as you know,
without the "d doc" you must obtain permission from the customer for all
trades). The commission business has been a "dying dog" for many years and
I noticed last week that the NFA decided to "double" our fees...because they
can.
I used to try to contribute to realtraders, but considering the negative
tone of most posts...who really has the time to get into a "pissing match"
with a bunch of "non-traders". Don't get me wrong, and whoa, don't be
offended if you (in the second person, plural) actually trade...but, many
posters DON'T (not you Tom)..
There isn't one holy grail...there's bunches of them. I use momentum
oscillators (StoRSI, CMO & Bollinger Band Oscillators) to swing trade in
daily and 5 minute time frames. The exact same indicators work on the 50
stocks that I have provided, to the public (absolutely free), for the last
two years.
And, it was sooooo easy ... 25 years in the industry, 10,000+ hours of
research, craters to equity and brain cells, etc. Many list members
continue to challenge each other to publicly post their approaches ... I
guess so they can sling even more shit in the direction of the brave few.
Well, take your best shots. Every trade, in futures or equities, that I
have made in the past two years has been posted, the day before, for public
scrutiny. Please, I don't want any business from anyone on this forum. My
god, who would want most of these whiners in their book? I'd much rather
double money for a wheat farmer, who I can sit down and have a beer with,
than some jerk who doesn't trade and hangs around the forum, only to
criticize and whine.
I would say that the Equis forum is producing about 100 times the value that
this forum produces. Exchanges of formulae, approaches, conversions from MS
to EasyLang and back again, are common occurrences. Sure, like all product
forums, there are people who bitch everyday about what the product doesn't
do. But hey, guess what? The bitchers don't trade...surprise! They spend
all their time investing in negative energy. They soon become morally
bankrupt and folks, it helps to bring a positive attitude to the trading
table. Does the word Karma ring a bell?
On a final note, the regulatory "gods" have decided that it's OK for me to
broadcast "live", provided I hum my disclaimer every few minutes. Anyone,
who might have an interest in their own internet radio show, on my
intergalactic, internet radio network, please contact me privately. I know
that means that many of the people that I disdain will probably be the first
ones to respond...so, if you don't hear back...it means I don't like you.
And as Richard Dennis used to be found of saying (paraphrasing): "I could
publish my exact approach in the Chicago Trib and no one would ever pay
attention". Most folks wouldn't know a great trading system if it sat on
their face...and if they actually recognized and tried to use it, they would
find a way to "abuse and lose" the system and money...simply because they
would allow their large brains to "out think" what could be so simple.
Thanks Tom...I've been tempted to ask your same question.
Steve Karnish, CTA
Cedar Creek Trading
http://www.cedarcreektrading.com
----- Original Message -----
From: "Tom Alexander" <gta3@xxxxxxxxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Wednesday, May 23, 2001 10:48 AM
Subject: [RT] question for systems traders
> Have any of you that trade a mechanical system traded the same system for
12
> months, taken every signal, and been profitable at the end of the period?
>
> Regards,
>
> Tom Alexander
>
>
> To unsubscribe from this group, send an email to:
> realtraders-unsubscribe@xxxxxxxxxxxxxxx
>
>
>
> Your use of Yahoo! Groups is subject to http://docs.yahoo.com/info/terms/
>
>
|