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