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I received one of those catalogs put out by "Reality-Based
Trading" yesterday. This is the company started by the
late Bruce Babcock, that I guess someone else is now running.
RBT offers a number of position trading systems - "Gann
Pivot", "Volatility Tamer", and "Valentine" - anyone out
there have any experience with them? Pros/cons? These
things have been around for awhile - are they terrific
because they have stood the test of time? have they
ceased to function in today's turbulent markets? or...?
My own trading is systems-based, multi-day, focusing on
the Bond and currency markets. I would like to participate
in additional markets, such as grains, metals, energies,
etc, and the RBT systems purport to trade these effectively.
My question for you folks is: Do they?
No need to send me all the usual, off-topic replies; I
already know that:
no one is going to sell me a system for a few hundred
dollars that will make me millions with no work
if it's so good, why aren't THEY trading it and making
a fortune
all vendors are scum
astrology is the key to success
90% of all traders are losers
90% of all losers are traitors
etc. etc.
Thanks
Jay Mackro
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