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Mark, I believe you and I am sure that these account statements exist but
anyone who wants to follow your example should take a look at your month end
equity numbers.
If they had started on April 1, 1997 they would have been down by $125,000
by the end of June. That is in just 3 months.
If they had started on Oct 1, 1998 they would have been down by $107,000 by
the end of November. That is in just 2 months.
I admire your faith and fortitude !
CAVEAT EMPTOR
regards
Philip
-----Original Message-----
From: Mark Johnson <janitor@xxxxxxxxxxxx>
To: omega-list@xxxxxxxxxx <omega-list@xxxxxxxxxx>
Date: 26 May 1999 15:38
Subject: Account statemnts showing good Aberration results
>
> "I'd like to offer some words of encouragement to Club
> 3000 members: The little guy, the nonprofessional, the
> part-time trader *can* make money trading futures, using
> 100% mechanical systems purchased from vendors. I offer
> myself as a living example: In the 12 months of calendar
> 1997, I made $118,000 in net profits (a return of 87.8%
> on my trading capital), trading a mechanical system
> that I bought from a vendor."
>
> In the 12 months of calendar 1998, I made $102,000 in net
> profits (a return of 40.5% on my trading capital).
>
> "My purpose in writing this article is neither to brag
> about myself, nor to boost the sales of some vendor's
> product. Instead, I'm writing to present some actual
> real-time, real-money evidence that not only *can* it
> be done, it *has* been done, in real life, by a regular
> guy, a non-professional."
>
> "Brokerage statements have been provided with this <<*** NOTE
> article to corroberate the results." <<*** NOTE
>
> "Here are my system trading results for 1997-1998.
> My net account equity values were:"
>
> 12/31/96 $149,841
> 01/15/97 (withdrew $15,000) [to pay taxes]
> 02/28/97 $237,543
> 03/31/97 $319,647
> 04/30/97 $293,402
> 05/31/97 $241,270
> 06/30/97 $194,022
> 07/31/97 $279,860
> 08/31/97 $223,839
> 09/30/97 $238,358
> 10/31/97 $268,751
> 11/30/97 $221,343
> 12/31/97 $253,284
>
> 01/30/98 $306,979
> 02/27/98 $283,581
> 03/31/98 $289,500
> 04/30/98 $248,353
> 05/29/98 $214,811
> 06/30/98 $223,702
> 07/31/98 $206,376
> 08/31/98 $328,982
> 09/30/98 $443,173
> 10/31/98 $390,351
> 11/30/98 $336,843
> 12/31/98 $355,903
>
>endquote
>------
>
>That's what I wrote 15 months ago, in Feb '98, and 3
>months ago, in Feb '99. It was published in Club
>3000 News issues #98.02 and #99.02. 1999 isn't over
>yet, so I haven't sent in my '99 equity results
>for publication in the newsletter. I plan to.
>
>I sent all twenty four of my end-of-month commodity
>account statements from my brokers, to the editors
>of Club 3000 News. I've been a subscriber to Club
>3000 for several years, and over that time I've
>gained respect for the integrity of the editors
>there. I trust them. It doesn't make me nervous
>to send them my statements.
>
>Also, it's a policy at Club 3000 that if a
>submitted article makes any "claims" about real-time,
>real-money trading performance, those claims should
>be backed up by account statements sent to the
>editors. Articles making performance claims but
>which do not provide statements as corroboration,
>are vividly marked as such by the editors, so that
>readers may view the claimed performance with
>the proper skepticism. So sending my statements
>to the editors is "the Club 3000 thing to do."
>
>The idea behind this policy is to reassure readers
>that the real-life & real-money performance of a
>trading method, including real commissions, real
>slippage, real rollovers, human mistakes, "unables",
>and so forth, is indeed what is claimed in the
>article. Readers can have confidence they're not
>being misled.
>
>However, our man Mark Brown whines and bellows
>(I, MARK BROWN, AM THE ONLY TRUSTWORTHY PERSON.
>OMEGA RESEARCH IS RUN BY LIARS. FUTURES TRUTH
>IS FULL OF LIES. CLUB 3000 IS FULL OF LIARS.
>ALL VENDORS EXCEPT MARK BROWN ARE LIARS. THE
>OMEGA LIST IS FULL OF LIES.) about Club 3000.
>In his paranoia he feels that if a purported
>"fact" has not been personally investigated by
>Mark Brown himself and personally blessed with
>the Mark Brown Certificate of Validity, then it
>cannot possibly be true. You see, Mark Brown
>is the only trustworthy person.
>
>So, since Club 3000 is full of liars [about 2500
>of them, according to recent subscriber count],
>Mark Brown feels that account statements sent
>to the editor of Club 3000 (or, yet more paranoid,
>*claimed* to have been sent to the editor) are
>invalid and unreliable. After all, Mark Brown
>doesn't control Club 3000, and what he doesn't
>control must automatically be false. And
>
>since the account equity curve shown above was
>published in Club 3000, *it* *is* *probably*
>*a* *big* *fat* *lie* as judged by Mark Brown.
>
>I sent my statements to Club 3000 and not to Mark
>Brown. Unlike my attitude toward Mark Brown,
>I feel comfortable that the editors of Club 3000
>have great integrity, and I'm confident they will
>treat my account statements as I requested:
>with confidentiality. To whom would you send
>YOUR accounts statements?
>
>Aberration's sequence of trade entry signals and
>trade exit signals, posted to omega-list yesterday,
>really did produce the account equity curve shown
>above. It's on my statements. Call up the editors
>of Club 3000 and ask [unless you think they are
>liars].
>
>The "magic", if there is any, isn't in the entries
>and exits. It's in the betsizes, as I disclosed
>completely (including testcases for debugging
>purposes) in Club 3000 issue #99.04. It's a
>simple math formula that makes betsize a function
>of equity and distance-to-stoploss. Go ahead,
>look it up! If you don't get the newsletter or know
>somebody who gets it, they sell backissues cheep.
>
>As I tried to point out on Monday, this is the
>result of a year's worth of research. (Admittedly,
>a year's worth of PART-TIME research, since I
>have a 40+ hour a week job in a field unrelated
>to futures or trading). Other approaches did
>well too, this is not the holy grail or the only
>method that produces large profits. {remember,
>so did Market Annihilator and Virtuoso, when
>traded using geometric betsizing.} But it is the
>method that I chose, and it is the method that
>produced the profits you see above.
>
>Next up: a discussion of the equity curve results.
>Gosh Almighty, what a bumpy ride! Look at those
>peaks and valleys!
>
>I hope you enjoyed reading this,
> -Mark Johnson
>
>--
> Mark Johnson Silicon Valley, California mark@xxxxxxxxxxxx
>
> "... The world will little note, nor long remember, what we
> say here..." -Abraham Lincoln, "The Gettysburg Address"
>
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