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At 10:20 PM 4/1/98 -0500, you wrote:
>
>
>I've always wondered if the magazine publisher as well as the advertizer
>could be be sued by large numbers of traders who naively bought into the
>advert's claims of "over 300% profits per month guarenteed blah blah..."
>It amazes me that the SEC hasn't cracked down on purveyors of systems
>which guarentee ridiculous returns with no risk.
>
>Like all things, investing and trading should be disciplined and paced,
>and the risks understood and minimized.
>
>- Hacker
Good point, but the SEC only has jurisdiction on securities, not of futures.
However, if the CFTC, who does have jurisdiction through the NFA, was
serious they could put an end to it all simply by barring the publication of
any historic test results. The only results allowed to be published would
be from actual trading. But then who would be there to take the other end
of your trades?
Best Regards,
William Brower
Publisher of TS Express
The Journal for Informed Users of TradeStation
Free Sample Available (Send Mail Address)
Internet: 1000mileman@xxxxxxxxxxxxxx
Tel: 203-454-2754 Fax: 203-221-9195
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