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Re: Mechanical Trading



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Dear Paul,                                                                      Your experience with Trabos sounds familiar. It really requires $50,000 to trade and it is not a good mechanical system unless you are online.                                                          I consider Futures Pro my back-up portfolio consisting of JY,SF,T Notes,Coffee,Soy,Lumber,Crude,Munis and NG.I use abroker who turnkeys the system for me.                                                                                  Mechanically yours,                                                          John



------------------ Reply Separator --------------------
Originally From: Paul Cote <cote@xxxxxxxx>
Subject: Re: Mechanical Trading
Date: 01/18/98 10:42am


John,

I traded TRABOS mechanically end of day (I called in all my orders
before the market opened including contingent stops etc and my broker
beeped me with fills).  I made 3K the first week on a 20K acct trading
one lots of about 10 commodities and then lost it all and went into
drawdown of 1K and then back to exactly where I started all in two
months and about 200 trades.  I was beat.  How do methods such as that
futures pro compare?  I would love a decent mechanical system and
considering P&F charting. 

Any help really appreciated.


Paul Cote
John Cappello wrote:
> 
> Dear Paul,                                                                     I like Trabos and it is the primary system Buran was using. I don't have the emotional make-up to trade it and lost $10,000 when Bob was trading it for me.He made $20.000 the nextmonth.Of course he is basically in front of his screen all day.I recovered my money and more when I went back to my basic program.                                          Bottom line Trabos is good if you are an online trader.I like systems where your orders are automatically placed along with stops and exits and you can sleep at night.                                                                           Mechanically yours,                                                         John
> 
> ------------------ Reply Separator --------------------
> Originally From: Paul Cote <cote@xxxxxxxx>
> Subject: Re: Mechanical Trading
> Date: 01/18/98 09:45am
> 
> John,
> 
> What did you think about TRABOS?
> 
> Paul Cote