commodity trading, futures trading, commodities guide, traders, advice, advisors
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commodity trading, futures trading, commodities guide, traders, advice, advisors
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Visitor Comments About CTCR:

What really makes us happy is when our readers write in to comment. Here is what some of them have had to say:

"My name is Mark. I am a subscriber to CTCR, perhaps the last to get online. My recollection is that I can receive both Major Moves and CTCR via e-mail; if so I'd be happy with such an arrangement. I assume there is an economic benefit to CTCR, and since Mr Smith and the rest of you folks have always given more than expected, I'm happy to reciprocate. I very much enjoyed the last issue, and found the System Test to be a fine addition. At the risk of repeating myself, in an industry where products rarely live up to their hype, CTCR stands out as a model for the way things ought to be... Thanks and best wishes to all"

"Your site is excellent and stimulating. I feel myself being drawn to subscribe." M.K.

"Mr. Smith,
I've had the good fortune to read your newsletter on occasion, and commend you for your candor on trading systems. I am a local at the CBOT but previous to this have traded from off the floor for 15 years, and have even managed money. I am thrilled that you advise people against trading futures even though if affects my livelihood negatively. Although I do not believe there is any magical trading system out there I know there is a way to consistently take money out of the futures market. Usually the system vendor or guru leaves out some important item in the mix. I have personally seen over 75% of what's out there, and most of it is just a rehash of older material stolen from someone else. I am certain and without a doubt I can teach better trading techniques than are available out there. There seems to be more profit in selling trading secrets than in trading commodities. I will admit some of the stuff out there works but the risk and the slippage are underscored by the claim of huge profits. When I traded off the floor I was always upset about my slippage and order execution. Now that I am on the floor I firmly believe that everyone who trades commodities should have to spend one hour on the floor to see what goes on. They would never again complain and would just be happy that their one lots even get filled at all. Just make sure you inform your readers that the phrase "past performances are not indicative of future results" means we tweaked the shit out of it in backtesting and you don't stand a chance of achieving the same performance. Also should you wish to print all or any of this letter please withhold my name.
Thanx"

 

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