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PureBytes Links
Trading Reference Links
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More from the Going Against the Grain web site:
"Buy and hold no longer works in today's markets...Antonio's high
probability trades give you the opportunity for short term profits from
market imbalances that are usually only seen and traded by the pros." Walter
Bressert
Bressert is a Big Name in the industry, and is endorsing this stuff.
A year or so ago I had a free trial subscription to Bressert's site. I
looked at all the trade recommendations he had posted for about a year
previous, and calculated the P/L (which was NOT done on his site). It was
approximately zero.
Bressert sells Tradestation indicators, but doesn't sell them as user
functions. You can't backtest indicators very conveniently, like you can
user functions. Is this a coincidence?
-----Original Message-----
From: Bill Wynne [mailto:tradewynne@xxxxxxxxxxx]
Sent: Thursday, December 20, 2001 1:20 PM
To: cmjohnsonxx@xxxxxxxxx; barry@xxxxxxxxxxxxxxxxxxxxx;
omega-list@xxxxxxxxxx
Subject: RE: Feed back requested on E-mini Trading system - Krosetrade
WAAAAAAAAAAAAAAAAAAAAAAAHHHH!!!!
A zebra laughs deep in the dark.
>From: "Charles Johnson" <cmjohnsonxx@xxxxxxxxx>
>To: "Barry Silberman" <barry@xxxxxxxxxxxxxxxxxxxxx>,
><omega-list@xxxxxxxxxx>
>Subject: RE: Feed back requested on E-mini Trading system - Krosetrade
>Date: Thu, 20 Dec 2001 12:44:05 -0500
>
>It is not an automated signal-generation system, but a set of rules for
>trading. The concepts of "track record," "brokerage statements" and
>"slippage" are absent from the site. Ditto for "back testing on historical
>data."
>
>It costs $3K.
>
>There is nothing of substance on the web site.
>
>He claims to have an MD and JD, but does not write well.
>
>But since you found out about it through an email spam, it must be a good
>system. As you know, anyone with a money making trading system would be
>highly motivated to sell it to others, out of altruism, and what better way
>to do this than spam? Like this guy, who spammed me:
>http://www.goingagainstthegrain.com/ "Since it's [sic] release to the
>public, this system has given an average monthly return of 15% on a cash
>account without holding any trades over night or all day. What kind of
>returns can you expect? On the average, you will get at least a 10% return
>on your account every month just trading cash. If you trade on margin you
>can make double. A 10% return may not seem much to thrill seekers, but it
>sure is dependable, and it's income."
>
>As I'm a thrill seeker, I'm not going to buy this system with measly 30%
>returns per month on margin.
>
>If you get the krose system and make 30% per day, please let me know; I
>might be interested. But 30% per month, with money management, might take
>2
>or 3 years to get to a billion dollars, and I am impatient.
>
>-----Original Message-----
>From: Barry Silberman [mailto:barry@xxxxxxxxxxxxxxxxxxxxx]
>Sent: Thursday, December 20, 2001 11:02 AM
>To: omega-list@xxxxxxxxxx
>Subject: Feed back requested on E-mini Trading system - Krosetrade
>
>
>To List:
>
>Just received an email advertising a system to day trade the e-mini S&P and
>e-mini Nasdaq. Unfortunately the vendor doesn't have a TradeStation or
>Rina System report of historical testing results. That fact and a general
>skeptism that anyone would sell a winning system added to the fact that
>anyone can curve fit some some system results makes me suspicious.
>
>Nevertheless, has anyone any experience with the product this gentlemen is
>selling?
>
>The website location is: www.krosetrade.com
>
>
>Thanks for any feedback.
>
>Barry Silberman
>
>
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