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John Cappello wrote:
>
> John Cappello wrote:
> >
> > John Cappello wrote:
> > >
> > > John Cappello wrote:
> > > >
> > > > Dear respondees to my mechanical
> > > > trading, I checked out
> > > > over 100 systems last year. My criteria were as
> > > > follows:
> > > > 1. 100% mechanical
> > > > 2. Acceptable drawdowns
> > > > 3. Acceptable recovery from drawdowns
> > > > 4. Track record I
> > > > filtered to 4
> > > > systems- 1. Futures
> > > > Pro-cost $800-I selected the 10 best
> > > > historical commodity track records.Even tho
> > > > this method had 10 year record of 100% per year
> > > > I discontinued it because it was in to many
> > > > markets at the same time and was stressful for
> > > > me.
> > > > 2. Trend trader-cost
> > > > $3000
> > > > Historical data was outstanding and probably
> > > > is a good system.My real time experience was
> > > > a 50% drawdown with a projected recovery too
> > > > slow to suit
> > > > me.
> > > > 3.Professional Advantage Day
> > > > Trader-PADT-cost $3300. I am still
> > > > monitoring this with about $25,000. It day
> > > > trades Treasuries and the S&P. It is
> > > > currently in a20% drawdown which is
> > > > acceptable to me since it has about a 60 day
> > > > recovery pattern. If this works the way I
> > > > think it can it will smoothe out drawdowns of
> > > > more volatile systems and be good
> > > > for
> > > > diversification.
> > > > 4. R&W MasterSuite cost-$16,500.It trades
> > > > the
> > > > S&P,Treasuries,Yen,DM,BP,SF,Eurodollars. It
> > > > has a 10 year real time track record.
> > > > Drawdowns can be severe in the 30 to 40%
> > > > but recovery usually is not more than 60
> > > > days.On paper you can make 200 to 300% per
> > > > year trading 1 times margin but I prefer to
> > > > trade 2 times margin so I will be
> > > > around hopefully after a
> > > > drawdown. I don't intend to quit my day
> > > > job yet. If I have another full year as good as the past
> > > > I'll go part time and start a commodity
> > > > fund.
> > > > 5. Bob Buran-cost$600 His systems are good
> > > > for him and people who want to sit in
> > > > front of a screen and trade all day. They
> > > > are not truly
> > > > mechanical.I washed out in 30 days with a 20% loss and would not consider unless a realtrader which I don't pretend to be.
> > > > Good luck to all of
> > > > you.
> > > > Mechanically
> > > > yours,
> > > > John
> > > P.S. I tried to mail to each of you but had problems
> > > with delivery.Hope this is helpful. If not delete.If I can further help let me know.
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