commodity trading, futures trading, commodities guide, traders, advice, advisors
commodity trading, futures trading, commodities guide, traders, advice, advisors commodity trading, futures trading, commodities guide, traders, advice, advisors commodity trading, futures trading, commodities guide, traders, advice, advisors
commodity trading, futures trading, commodities guide, traders, advice, advisors
commodity trading, futures trading, commodities guide, traders, advice, advisors
commodity trading, futures trading, commodities guide, traders, advice, advisors
Q&A ForumWall Street WinnersAdvisorsPeopleTraders GuideReviews
Home
Order CTCR products
Bookstore
CTCR Services
CTCR Reports
Links
About Us
Courtney Smith
Email Us
commodity trading, futures trading, commodities guide, traders, advice, advisors
CTCR
E-LETTER

one lucky person per quarter will win a free 3 mo. CTCR subscription!

Name:


Email:


We respect your privacy

Copyright
1996-2002 by CTCR, Inc.
Futures trading
is
risky.
Click to receive email
when this page changes
* Powered by NetMind *


TRACKED ADVISORY SERVICE: GIBBONS' TRADING

CTCR Welcomes Gibbon's Trading

To provide more detail on our tracked advisors, their services and their methods we asked Michael Gibbons of Gibbons Trading to tell us a bit about his service:

How Trades are Determined | Cost | Additional Information | Contact Info

Related Links: Michael R. Gibbons' Background | Gibbons' Trading Website

 

1. How Trades are Determined

Four years ago we discovered partially by accident, a close relative of the proverbial "Holy Grail" of trading. I can assure you that is not hype or some kind of highly inflated claim. Our past trading record with this method as well as my monitored record with CTCR, will support what I claim to be true. The most difficult thing is to believe it ourselves-but the efficacy of it is undeniable.

I have been trading for thirty-two years and about four years ago, a discovery so incredible and yet so simple, unlocked the mystery of market behavior forever. No more would we ever ask is the market trend up or down? We now could spend five seconds looking at data and tell you with 84% confidence what the most likely thing any market would do next.

It all began when I was looking at my computer monitor with a SuperCharts drawn graph and decided to place a popular trading indicator on top of the price data. What I saw literally floored me. It was not the indicator that was important-it was the scale it created on the chart. After many long hours of study, I determined this single parameter told me what the most likely thing any market would do next. Has anyone ever seen this before? I certainly had not and I doubt few others have either. It is far too simple and thus has probably evaded most traders.

Be clear that we are not promoters of the typical kind of trading wares sold to a gullible public. Our methods are not for sale in any form and we do not offer seminars, write books, sell trading systems or provide individual consultations. We do provide buy and sell signals for various stocks, stock indexes and futures based on our proprietary research that historically are correct 84% of the time on the first entry. 16% of the time the first entry is "false" and that is why we use stops for the 16% that do not work. These failures become winners later on.

I just completed work on a new indicator that tells me when to expect a major move. These moves tend to be very rapid and highly profitable. Gold is the recent example of "knowing" before the fact that there would most likely be a huge directional up move. The energy markets gave the same signal for a huge down move over the past several weeks. As I write this, the cattle complex is setting up for a major down move sometime in the near future.

The trend is the basis of all profit and hence the only way to profit significantly is to be in alignment with the long term trends. Our trades last about 6.5 months historically, so we are capitalizing on what many would call long term trends.

We do not forecast per se but rather use a form of pattern recognition (based on the parameter) to determine the market trend. Where the price is relative to the parameter gives us all the information we need to be very successful traders.

We look at about one year of data to identify the current trend and employ a moving average to enter and exit trades. Our initital entry is "counter-trend" in nature-and more often than not, turns into a new trend in the opposite direction from the prior move. Please note that we do not attempt to make the amateur's mistake of "calling" tops or bottoms. We wait for some reversal of trend prior to taking a market position as directed by the moving average.

This method works on all markets and on all time frames. We decided to provide the longer term signals as it is extremely easy to trade and requires little or no time for anyone to follow. Discipline is 90% of the game and the fewer variables involved, the easier it is to be disciplined and follow the method.

We spent a good amount of time making this nearly 100% mechanical. Our Money Management Program is an integral part of what we do. We tell our clients the exact number of futures contracts to buy or sell based on our work. The number of contracts is weighted based on directional dollar movement in all markets overall. We recommend that you capitalize your account at least 300% above minimum margin requirements. We have occasional drawdowns, and while not great, they become more of a non-event when there is plently of reserve in the trading account.

A highly volatile market may not afford proper risk/reward so there may be a few times a year we may not take a trade due to excessive volatility. This situation is rare but is factored into our trading. Call it common sense.

We use a trailing stop once a position is profitable and allows for trends that can last over a year in length. Our methods allow us to capture significant directional moves while avoiding giving back the majority of open trade profit.

2. Cost

The current cost to subscribe to our Gibbons' Trading Service is $99.00 per month for email, fax, or website trading recommendations. A yearly subscription is $999.00. We have an area on our current website where investors may obtain a constantly updated track record of open trading positions.

We are traders who trade for a living and we do not offer theoretical systems or investment programs that do not work in the real world. We are reality based investors. We reject all mystical trading approaches and any and all claims that cannot be backtested succcessfully. We have tested virtually every trading method known to man on our database and we can tell you that almost all of them are nothing close to what the promoters contended. In fact, most are losing propositions. If they all worked, everyone would be rich and we know of very few highly successful traders. Trading is very hard work.

Yes there are some profitable trading systems out there but they are few and far between. Most of the promoters of these systems are knowingly selling inferior product to the public. The day trading mania that exists will do nothing but make most traders lose their trading capital faster than ever before.

3. Additional Information

CTCR has received all the trades as directed by my methods. As anyone that has been monitoring my work can observe, the results are highly positive since we started being monitored. The results you will show are in line with historic norms for my method.

We provide customers with mostly winning trades and a risk averse Money Management Program. There is a minimal amount of turnover (commissions) generated by our methods. This is good for our clients and bad for the people reliant on making their incomes from fees and commissions. (Virtually the entire futures and stock industry). We have attempted to take winning strategies and employ them for the benefit of our clients.

Many traders have a psychological need to lose and thus are attracted to short-term trading systems that for the most part, are nothing more than optimized junk. They lose and then go on to the next day trading system, etc. Having had thousands of clients, I can tell you that the only ones that were successful were long term oriented and highly discliplined. We offer the same approach with our work. That is a good part of the reason that it works.

4. Contact Information

Website: http://www.gibbonssports.com

Email: mrgibbons@earthlink.net

 

How Trades are Determined | Cost | Additional Information | Contact Info

Related Links: Michael R. Gibbons' Background | Gibbons' Trading Website

 

 

Try our search engine! Looking for a specific commodities futures guru? A commodity trading book? A futures trading system? If it's on this site - it's here!
commodity trading, futures trading, commodities guide, traders, advice, advisors commodity trading, futures trading, commodities guide, traders, advice, advisors
Match and show results
commodity trading, futures trading, commodities guide, traders, advice, advisors commodity trading, futures trading, commodities guide, traders, advice, advisors