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I responded to an ad they had published recently with a couple of questions.
The ad stated that the signal was 70% (75%? I can't remember exactly) accurate
and that trading one contract in the S&P would net $100k+ per year. My
question was - how did they define accuracy and what sort of drawdowns would
you face in the 25% or 30% of trades that were losers. They replied with a
terse message that stated in part that "I must be looking for a black box
system [what?] ASCTrend is an indicator."
I replied to this that if they could tell how accurate it was and how much
money it could make, then they must know how much it could lose in it's worst
drawdown period. No response.
By the chart pictured in the ad, it looks like they are using a Parabolic SAR
for stops. I don't know about entries though.
Alan
Gerald Marisch wrote:
> Anyone have an opinion, experience, etc of ASCTrend by AbleSys Corp???????
>
> Thanks is advance
>
> Gerald Marisch
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