Chris J’s track record

[Trader Chris J]

There have been several comments relating to my track record in trading and why I have not shown any tangible proof. Initially I had decided not to engage this conversation simply because know one else in here has been held to such a standard. However, when you have the “scoreboard” backing you up you might as well engage. I could not figure out how to get that ridiculous date corrected to the current one. Maybe this proves I can see the future 40 years in advance? LOL!

http://www.robbinstrading.com/worldcup/standings.asp

This link shows an independently run World Wide trading contest that I have entered this year. Sorry, you will have to cut and paste it into your browser. Keep in mind that with this contest the commissions are $25 per round turn instead of the $2.50 that I have in my other accounts. This does knock down the actual returns I have in other accounts by 8-10%. With all that aside, I wonder if anyone else in here can beat this YTD? If you can please feel free to critique me, if not………

This is updated weekly so these standings will change at the end of next week. All this does is prove where I am as of 9/21/06.

Chris Johnston

[Trader Chris J]

Chris Johnston
iamafuturestrader.com

Sorry, the preview displayed a 1969 date, and now that it is up, it shows the correct date, so the last comment in the first paragraph is not relevant.

[powayseller]

Way to go, Chris, and hopefully your trading system will continue working for you. I have definitely not beat that return, as I have been in CDs since early this year. Damn, I missed the Fed-is-done rally this month. Who cares that I slept well, I missed the market going to a peak. Who would have thought the bulls can’t tell a recession is coming? Anyway, congrats Chris on having a great year!

[pencilneck]

Chris J, I’m an avid reader of your site and your commentary, and have been waiting for an oppurtunity to say thanks. So thank you!

I have been meaning to ask what service you use to get your data/charts?

[anxvariety]

The robbins trading is not a very popular site, it’s ranked 1.5mil which is about 75-100 users a day max(extremely low for any web-site.. and especially low for a worldwide competition).

Showing one contest result is like showing one trade, I don’t think it shows a realistic picture.. I’ve scored more than 45% in a game before, I don’t know or care where the results are as it was free contest, it’s much easier to take big risk in a contest with no risk at losing the actual trade..

My request for your trading history was for the the stuff you charge people for, not results for 1 of your contest entries… I understand there are lots of reasons that you might not want to disclose that..

I’m not trying to be hard on you for the heck of it, this is your job and you make a living.. I’m just challenging this as proof(piggy users challenge statements and ask for data right?), just like I was challenging the lack of detail and short period of your trading history… If you have subscribers and you’re making money who cares what I think. Sorry for sort of attacking you in the past, my approach probably wasn’t very appropriate.. Maybe I have agenda against you? I don’t know.. but we can all improve, and the only way I will know how is to express myself and get feedbakc.

[powayseller]

anxvariety, the World Cup shows the results for the bond futures trading he does, which is exactly the service he offers his clients. When you sign up for his service, you are given those exact same trades that he does for himself, and which are recorded by the Robbins group.

And who cares how many people go to the Robbins site?

I don’t know why I’m sticking up for Chris, since he never sticks up for me, but what the heck….

Chris, the post date when you start a thread is always December 31, 1969, but then it corrects after it’s posted. What bugs me the most is the slow load times. aaarrrrggghh

[Chris Scoreboard Johnston]

My god I finally got in again, probably took 75 tries. PW thanks for that post and it is exactly correct. The Robbins Trading Contest is the pre-eminent trading contest of its kind in the world. It is the only one with real money traded.

Pencilneck – what a great blog handle, I use both Genesis and Trade Station for data and software. Doing this for a living you always have to have a back up in the event something happens to disrupt one of your sources. I also have an aircard on a notebook to access wireless data in case cable goes down. Cox is notoriously unreliable. Also, thanks for visiting the blog.

The trades in my Robbins account are the exact trades from my trading service, with no others included, managed very conservatively. This is why it is only a 45% return. My own personal accounts have done better due to lower fees, and more aggressive risk paramaters. The whole purpose of entering the contest was to have an independent accounting of what someone would have achieved just following every trade.

Some cleints have far exceeded that return according to emails I have gotten. To poke fun at Robbins Trading simply exposes you for the clown that you are. Call Larry Williams and tell him you think Robbins is a joke. Maybe it is you that is the joke? Has it ever occured to you that maybe you should research some of these comments you make before you make them? You seem smart enough to itleast find out if what you are saying has any bearing at all before running your mouth.

This firms site would not by definition have that sort of traffic, it is not an educational site. Trading markets.com has the highest traffic of any of them, yet that is a money losing company according to it’s owner who I know.

BTW anx, just a heads up on a new innovation you probably have not heard of that actually is a fairly good idea, so I do not want you to poke fun at it, electricity actually works. It is not a futuristic idea that is folly. You are just upset with me because I exposed you for a lack of options trading knowledge. Ironically, I never intended to do that, I was just trying to educate everyone else in here as to what options are and are not. Also, do not average down losing trades like you mentioned you might do. That is right on the list of something that should never be done when trading.

I doubt you were ever an athlete, but as an ex-athlete there is a common saying I live by. The Scoreboard talks and BS walks. I have the Scoreboard and you are the BS, so you should walk. Go walk and blame the referees for your loss.

SCOREBOARD!!!!!!!!!!!!!!!!!!!!

[anxvariety]

Chris, I had no idea you were so emotional..

Maybe it is you that is the joke?

If that’s true I’m fine with it.. but its clear that I’m rustling your feathers with a few simple comments and questions.. As a professional trader aren’t you supposed to seperate your emotions from your business? If a ‘joke’ like me is causing you to get emotional, I think you have some serious insecurity issues possibly arising from telling half-truths or stretching the truth? If not, then don’t worry about me..

If you’re able to make 45% consistenly, I reccomend that you stop using your leisure time to address a joke like me.

I doubt you were ever an athlete, but as an ex-athlete there is a common saying I live by. The Scoreboard talks and BS walks. I have the Scoreboard and you are the BS, so you should walk. Go walk and blame the referees for your loss.

Chris, let me summarize for you so you dont have to tell us about your cheerleading career.. Money talks and bullshit walks!!

[Chris Scoreboard Johnston]

SCOREBOARD

what the refs won’t take your calls about your loss? Go double down on those options, you gotta love em where they are now if you liked em alot higher!

[anxvariety]

double post

[anxvariety]

Chris J says:
what the refs won’t take your calls about your loss? Go double down on those options, you gotta love em where they are now if you liked em alot higher!

You say on your site that it’s important to detach emotions from your trading, yet you’re struggling to even keep your emotions away from my trades!!? You should probably stop peddling your newsletter and stick to those stock games until this market sorts itself out…

I do like the prices right now.. though with options you never risk what you’re not comfortable losing.

The only options I’m holding that I have any concern about right now are the OCT COP calls… if they go up at all I’ll sell them for a comission only loss.

I was down $3500 this morning and ended the day up $500! I’m just enjoying the ride buddy!

[rocketman]

Congratulations Chris!

I read your blog every week since I came to know about it. I must say you’ve saved me more money than I can imagine since I am a novice trader and would have jumped in at the wrong times. I appreciate all your professional advice. I believe you have given me a lot of advice recently on ETF’s and stocks so I don’t know why anthraxvariety thinks you’re only about commodities.

I hope you will continue with your opinions and advice Chris.

Thanks,

-rocketman

[heavyd]

A few questions & comments:

1) Have these results been audited by an independent auditor? The site you mention has a clear conflict of interest…

2) Is the pool that generated 45% return the only pool entered in the Robbins contest?

3) How do you adjust returns for risk? I ask because the dude who runs (ran?) $9bn at Amaranth Advisers was up close to 40% as of 3-4 weeks ago…and now he’s down more than 50% on the year after a big, risky trade went against him. You can make big bets that will often produce outsized returns — happens all the time — but you need to disclose the risks involved in taking those bets.

4) Chris, if you can replicate these kinds of results over time, you should stop fiddling around with a newsletter and put your energy into gathering funds…on normal hedge fund terms, you’d be entitled to a $3m payout YTD on your results with just $25m under management, which is tiny by hedge fund standards. And you could take the rest of the year off to work on your golf game…

[anxvariety]

heavyd, I’ve asked some of these questions before and he doesn’t care to answer tough questions, that’s the whole reason he blew up and started acting like a maniac..

He also made fun of my option holdings which have gone collectively gone up 60% in the last 3 days.

I don’t think he wants to stop by this thread right now…

[powayseller]

I like Chris, and defend him when someone insults him, but in all honesty, I don’t see any insults here. Anxvariety and heavyd have some great questions, and I myself am curious about the answers.

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