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I think you may be assuming facts not in evidence, that this mechanical
system is a "piece o crap ola trading system".
We have one witness who claims on the basis of first hand experience
that Aberration produces an outstanding positive return for the period
he actually traded it, and that even in a 1 lot scenario, it still did
OK, and that moreover, he tested this mechanical system rigorously and
thoroughly over a nearly 20 year period on many different contracts,
with results that seem to be acceptable if not exemplary. This person
is not, so far as we know, a promoter or connected with the sale of
Aberration in any way.
I'm expecting my demo disc in the mail any day now, and if you have
some facts to back up or shed light on your misgivings about this, I'd
sure be interested in hearing them. Being the suspicious, cynical and
untrusting fellow I have become, I plan to verify as best I can the
various results, and figure out a trading plan, assuming it still passes
muster.
Not to worry, there are any number of long-term trend following
methodologies out there, and the really interesting part of this whole
thread is the idea that betsize selections may have more to do with
success or failure than the entry/exit methodology.
Jim Allen
Mark Brown wrote:
>
> > Anyway, what is your trading secret, Mr. Brown? How do you trade if
> mechanical sytems are "gambling"?
> >
> > Jim Allen
>
> I believe in mechanical systems, however I know that what ever slight edge
> that a trend following system may have it can easily destroy you if.. if
> you pick the wrong portfolio, if you start trading the system at the
> beginning of the worst drawdown the system has ever experienced, if you
> haven't thought about things like slippage and commissions and human error
> and contract roll overs, amongst other obstacles like, computer's dying
> while you have open positions, data vendors having cut you off without
> notice and you have no data, trading software password expired messages
> popping up on a Monday morning - even though you paid in full for your
> software when you bought it and it was to have a permanent password, or
> maybe you wake up and the yen you have been short for months has just opened
> and put you on margin call, or on and on.. to overcome all the obstacles
> that it takes to trade profitably plus the hardware, data, software and
> human problems let alone that you are working a full time job and trading
> this system through robo broker so it was called. add al of this and the
> fact that robo broker has no vested interest or responsibilities of errors
> on a not held basis and now you want me to think that with whiz bang money
> management someone can turn a piece o crap ola trading system from negative
> to hundred of thousands of dollars all without giving credit to divine
> intervention!
>
> I have never seen a bigger gambler (except for one the SP daytrader) than
> the multi basket trend follower trader. if you can do this and profit each
> year then my hats off to you.
>
> mb
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