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Hello Michael,
MdlM> Aberration provides trading statements on its web site and to potential
MdlM> clients who request them.
i have a few concerns,
1.) the portfolio keeps changing wonder why?
2.) in the testing i have seen of aberration i see a 500 day flat
period how many people will be able to stick with a program that is
loosing for 500 (trading days that is) all while the brokers who are
promoting it keep making their commissions?
3.) the parameters keep changing wonder why?
4.) the web site showing the results is in clear violation of nfa and
cftc rules. makes me wonder if they do not understand they are
breaking the law. how then could they be trusted to provide their own
audit of the trading record?
MdlM> Do any other vendors do so?
4.) have you personally traded it for any length of time, without
changing the input length and the portfolio mix?
5.) can you comment on why the portfolio keeps getting bigger and
bigger when the system has these 2 year drawdown periods. it seems to
me that this is like a loosing business that keeps borrowing money to
keep the doors open.
6.) can you explain why as many people who have purchased the
system, there are not zillions of glowing testimonials on the web
site.
i will make a prediction, that the web site will be changed to comply
with nfa rules and those so called broker statements will be qualified
with a hypothetical statement.
i also think it is funny that the below statement is made on the web
site about futures truth and hypothetical results when both are the
vehicle that made aberration so widely know to date.
==== the following from their web site====
Hypothetical performance can only tell so much about a system. Because
of the dangers of curve- fitting, the only real test of a system is
it's real-time performance. In addition to real-time monitoring by
groups like Futures Truth, TradeSystem, Inc. trades a track-record
account. The summary of that account, instructions to the broker
trading that account with our systems, and actual brokerage statements
are contained in this section.
Note that the account is traded by a System Assist broker, just as you
can have done. That arrangement ensures that the account is traded
exactly as prescribed (no inputs from TradeSystem personnel), and that
the same results could have been attained by anyone trading these
systems.
==== pay particulate attention to the wording (no inputs from
TradeSystem personal) in the above statement. also note that just
like anyone could have obtained those results also anyone could have
flown to the moon, or found buried treasure as well. ====
ps i did business with that brokerage firm providing those
statements, i do not do business with them now nor have i for a long
time. it would be wise for anyone to consider the source of the
statements, have a look at their past history of doing business.
http://www.nfa.futures.org/basic/regulatory.asp?nfaid=0210312&name=LFG+LLC
http://www.nfa.futures.org/basic/arbitration.asp?nfaid=0210312&name=LFG+LLC
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Have a Great Day and GOOD LUCK! Mark Brown
http://www.markbrown.com
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