|
PureBytes Links
Trading Reference Links
|
Michael Artz wrote:
>
> Greetings all & sundry,
> Can I request any information from first hand experience with the
> trading system Aberration. After an enquiry some time back I'm incessantly
> bombarded with propaganda.... som of which looks impressive, but I always
> value the members of this list more than a glossy advertisement or even
> "Futures truth"
>
> With Thanks
> Mick Artz
It is a position trading low frequency trading system with two
parameters (not one as advertised, only one is set, and you can't
change it). From what I've seen, you need a big account (ie $100.000+)
for drawdowns can be quite large and long in duration. Diversification
is an absolut must, as some markets can spend ten years going nowhere.
Performance figures are to be halved at least to adjust for an account
size that would limit drawdowns to 25%. For free, you get a system on
turtletrader which seems to do about the same as aberration.
Don't buy their other stuff though, you'll waste your money, they won't
show any track record whatsoever beforehand, and they don't trade. Both
are a bad omen.
Gwenn
|