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RE: Feed back requested on E-mini Trading system - Krosetrade



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>From: "Charles Johnson" <cmjohnsonxx@xxxxxxxxx>
>To: "Barry Silberman" <barry@xxxxxxxxxxxxxxxxxxxxx>, 
><omega-list@xxxxxxxxxx>
>Subject: RE: Feed back requested on E-mini Trading system - Krosetrade
>Date: Thu, 20 Dec 2001 12:44:05 -0500
>
>It is not an automated signal-generation system, but a set of rules for
>trading.  The concepts of "track record," "brokerage statements" and
>"slippage" are absent from the site.  Ditto for "back testing on historical
>data."
>
>It costs $3K.
>
>There is nothing of substance on the web site.
>
>He claims to have an MD and JD, but does not write well.
>
>But since you found out about it through an email spam, it must be a good
>system.  As you know, anyone with a money making trading system would be
>highly motivated to sell it to others, out of altruism, and what better way
>to do this than spam?  Like this guy, who spammed me:
>http://www.goingagainstthegrain.com/  "Since it's [sic] release to the
>public, this system has given an average monthly return of 15% on a cash
>account without holding any trades over night or all day. What kind of
>returns can you expect? On the average, you will get at least a 10% return
>on your account every month just trading cash. If you trade on margin you
>can make double. A 10% return may not seem much to thrill seekers, but it
>sure is dependable, and it's income."
>
>As I'm a thrill seeker, I'm not going to buy this system with measly 30%
>returns per month on margin.
>
>If you get the krose system and make 30% per day, please let me know; I
>might be interested.  But 30% per month, with money management, might take 
>2
>or 3 years to get to a billion dollars, and I am impatient.
>
>-----Original Message-----
>From: Barry Silberman [mailto:barry@xxxxxxxxxxxxxxxxxxxxx]
>Sent: Thursday, December 20, 2001 11:02 AM
>To: omega-list@xxxxxxxxxx
>Subject: Feed back requested on E-mini Trading system - Krosetrade
>
>
>To List:
>
>Just received an email advertising a system to day trade the e-mini S&P and
>e-mini Nasdaq.   Unfortunately  the vendor doesn't have a TradeStation or
>Rina System report of historical testing results.   That fact and a general
>skeptism that anyone would sell a winning system added to the fact that
>anyone can curve fit some some system results makes me suspicious.
>
>Nevertheless, has anyone any experience with the product this gentlemen is
>selling?
>
>The website location is:      www.krosetrade.com
>
>
>Thanks for any feedback.
>
>Barry Silberman
>
>