Verify the truth of this long-time trader's statement? Real or Fake

Discussion in 'Professional Trading' started by TraderJ12, Apr 4, 2014.

  1. Do anybody knows about a trader named Chris Johnston? He got a trading blog and on which he claimed return of more than 100% last year with his privately-held mechanical bond trading service (the method is probably same as the one he is offering on www.WorldCupAdvisor.com trading service below) . Anyone here subscribed to his bond trading service can confirm his claimed result since I actually see a big net loss from the publicly displayed service on WorldCupAdvisor website.

    The guy claimed to be of high integrity and his words seem so. But why the public service bad result here? How about his private service? Or the trading industry has become so hard that honesty and integrity can no longer be upheld by anyone anymore.


    NET PROFIT CALCULATOR
    Account: Chris Johnston 30-year Mechanical Man
    Contract traded: 30-year Treasuary Bond futures
    Options or spreads used: No
    Average Length Trade Held: 2 days
    Methodology: Mechanical system
    No. of round-turns: 64
    Inception date: 02/28/2013
    Calculated time period: From: 02/28/2013 To: 04/04/2014
    No. of Months: 13.23
    Advisor's beginning account balance: $12,861.00
    Commission per round-turn: $38.78 **
    Monthly subscription rate: $150.00
    Net Profit: ($3,906.22)
    Account value at market
    (Matching Funds): $8,954.78
    Drawdown: -27.9% (8/31/13 to 1/31/14)
    Return on Investment: -30.37%
     
  2. zdreg

    zdreg

    +1
     
  3. The guy's public fund on WorldCupAdvisor.com is currently down to approximately 30% since inception a year ago and still dropping!

    Then how's the hell he still claim his bond trading is profitable on his blog?? Anyone who subscribed to his bond trading can help to clarify please? This is very confused


    Account: Chris Johnston 30-year Mechanical Man
    Contract traded: 30-year Treasuary Bond futures
    Options or spreads used: No
    Average Length Trade Held: 2 days
    Methodology: Mechanical system
    No. of round-turns: 68
    Inception date: 02/28/2013
    Calculated time period: From: 02/28/2013 To: 04/23/2014
    No. of Months: 13.82
    Advisor's beginning account balance: $12,861.00
    Commission per round-turn: $38.78 **
    Monthly subscription rate: $150.00
    Net Profit: (-$4,712.50)
    Account value at market
    (Matching Funds): $8,148.50
    Drawdown: -27.9% (8/31/13 to 1/31/14)
    Return on Investment: -36.64%