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Price Prediction
Profit on a futures investment is earned if you buy low and sell high, or sell high and buy back low. While simple in concept, this requires your advisor, to have some idea of where prices will be several day's or weeks from now. That is, it requires some sort of price prediction methodology. Most advisors tend to rely on some variation of fundamental or technical analysis to predict prices. Many investors also spend considerable time and energy attempting to identify new measurements or signals that provide the edge in predicting prices. Stories abound of advisors who claim to have discovered proof-positive techniques for predicting prices, and then offer to sell the information (Software, Hotline, Newsletter etc.) to you for a price. In my experience, genuine foolproof techniques are very hard to come by, and I would advise you to be very careful and skeptical of such grand claims. If they truly own a profitable system, they would never sell it, but trade it themselves.
"We don't care what we believe and think. We let the market tell us what we are going to do...we don't pay attention to what we read in the paper....because all is reflected in the market."
Dunn Capital
Robert Russell Futures Trading System
Robert Russell Futures Trading system is linked directly to proper integration of money and portfolio management. In fact, the choice of system parameter will be less critical over the long run. Robert Russell's trading system is robust and has proven its reliability over many years.
A robust trading strategy will work across many market types and conditions with proven stability. The key to Robert Russell's success is a disciplined methodical adherence to proper money and portfolio management at all times.
Robust trading strategies are not optimized, but they do incorporate volatility. You can't have a profitable methodology, without having some risk and taking some losses. Drawdowns are part of the game. To the educated trader drawdown is not feared, but rather understood as part of the trading system success.
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