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<DIV><FONT size=2>Please remember to do your due diligence. Ask the tough
questions. Some overseas dealers are regulated by the government or
SRO's. This may give you some peace of mind, but remember, legal battles
(should one come about) will probably be fought over there. Think of the
logistics. This is a risk one should consider.</FONT></DIV>
<DIV><FONT size=2>It the US, the law is complex. Dealers can claim
exemption from the CEA (federal), but state laws may not allow for exemptions.
It is gray as hell here. </FONT></DIV>
<DIV><FONT size=2>Trader beware. Regulation is coming here, despite the major
banks not wanting it.</FONT></DIV>
<DIV> </DIV>
<DIV><FONT
size=2><U><STRONG>DEALERS
DATA SOURCES</STRONG></U></FONT></DIV>
<DIV> </DIV>
<DIV><FONT size=2><U>In the
USA </U>
Future Source</FONT></DIV>
<DIV><FONT
size=2>
Signal</FONT></DIV>
<DIV><FONT size=2>Tullet &
Tokyo
Reuters</FONT></DIV>
<DIV><FONT
size=2>LFG
Bridge</FONT></DIV>
<DIV> </DIV>
<DIV><FONT size=2><U>Overseas</U></FONT></DIV>
<DIV> </DIV>
<DIV><FONT size=2>Midas Fondsmaeglerselskab A/S</FONT></DIV>
<DIV><FONT size=2>CMC</FONT></DIV>
<DIV><FONT size=2>GNI</FONT></DIV>
<DIV> </DIV>
<DIV><FONT size=2>Sincerely,</FONT></DIV>
<DIV> </DIV>
<DIV><FONT size=2>Richard Chehovin</FONT></DIV></BODY></HTML>
</x-html>From ???@??? Tue May 04 09:13:38 1999
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From: TWA7663@xxxxxxx
To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
Subject: Re: College for Options Trading at www.the-cash-nursery.com
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In a message dated 5/3/99 7:30:59 PM US Mountain Standard Time,
fred9@xxxxxxxxxxxx writes:
<< I looked at this site that is basically a college for Options Trading.
It looks quite good.
What are people's experience with the results obtained from here?
Has anybody graduated yet? >>
Their site sounds good but............
They report 90% accuracy on 12 months of tested data. They also say that
they will not show you broker statements of their "actual" trades. Doesn't
that make you suspicious?
I don't claim to be an expert and I have very limited knowledge of options
but I have read that the failure rate for options is much greater than
trading the underlying.
I have tested 100s of systems for stocks and futures and have discovered that
I can have single years that have fantastic results and other years are are
big losers. Often over a 10 year period a few fantastic years, a few
terrible years and the remainder mediocre, sum up to be a 10 year loser.
I would be very suspicious of committing my time and money on a training
program based upon 1 year of theoretical results with "NO" verified broker
statements of results.
Russ
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