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Re: Recommendation of New book



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Three thoughts:

Issue 1 -- look up an article the authors wrote in futures mag a few years
back entitled something to the effect of the "top 10 trading systems of all
time"

Issue 2 -- years back, seems like a lifetime ago, I approched Futures Truth
about evalutating a system I was marketing, so that they might include it in
their publication.  I provided them with the code, results, etc.   I opted
not to advertise in their publication.  A year and a half later they had
still "not gotten around to it."  I am sure this was just a coincidence
though.  I might add that the program was very profitable during this time
period. Just as well for me as I rapidly concluded that selling trading
software was more trouble than it was worth.

Issue 3 --Perhaps the most interesting aspect of this will be the reaction
to the book from those who have confidentially provided Futures Truth their
trading systems over the years.  Seems a difficult task for someone in their
business to divide knowledge into that coming from confidential sources and
that from other sources.  But I am  sure they figured out a way to do it.

Chris



----- Original Message -----
From: "Mark Brown" <markbrown@xxxxxxxxxxxxx>
To: "Barry Silberman" <barry@xxxxxxxxxxxxxxxxxxxxx>
Cc: <omega-list@xxxxxxxxxx>
Sent: Sunday, December 17, 2000 10:44 AM
Subject: Re: Recommendation of New book


> Hello  Barry,
>
> i  just  wonder  how  futures  truth can justify the honesty when they
> allow  systems  like  catscan  and  aberration to change parameters to
> curve  fit the past - but yet they do not disclose this.  i have in my
> possession  proof that both of these models have undergone "EXTENSIVE"
> reprogramming and input changes to continually keep them profitable.
>
> example  aberration  - out of the just under 30 or so commodities that
> it  trades  well over 2/3 rds of the inputs have been changed over the
> years.
>
> example  catscan - originally did not employ a trailing stop on any of
> its  commodities  that  it trades yet, latter versions do have a curve
> fitted (specific to each market) trailing stop now.
>
> YET FUTURES TRUTH FAILED TO EVER MENTION ANY OF THESE CHANGES IN THEIR
> CONTINUAL ADVERTISING OF THESE SYSTEMS AND THEIR SERVICES!
>
> Mark Brown
>
>
> BS> The people from "Futures Truth," a leading newsletter that analyzes
and
> BS> rates trading systems have come out with a brand new book called "The
> BS> Ultimate Trading Guide."
>
> BS> http://www.futurestruth.com
>
> BS> By going to that site, you can click on the book to get more
information
> BS> about it.
>
> BS> It contains information on Short-term trading, money management
techniques,
> BS> stop loss placement, patterns for profits, etc.
>
> BS> There are detailed rules for how to identify and trade specific
situations.
> BS> The appendix even includes EasyLanguage code for 5 systems.
>
> BS> The list price is $ 69.95, but recently I have been buying my books
over the
> BS> internet from Books-A-Million. I paid $ 44 for the book , including
the cost
> BS> of shipping.
>
> BS> They offer further discounts to their club members. It costs $ 5 for
the
> BS> year, which I got back in savings on the first expensive book I
purchased
> BS> from them. Their URL is:
>
> BS> http://www.booksamillion.com/
>
> BS> I, of course, have no relationship or financial interest in any of the
> BS> places recommended.
>
> BS> Good trading,
>
> BS> Barry
>
>
>
>
> --
> Best regards,
>   Mark Brown   mailto:markbrown@xxxxxxxxxxxxx
>   Y = Offset + Amplitude * sin(Frequency * X)
>