Charlie Agastin - subscriber - writes: "As a beginner of the commodity
market and a new member of the Commodity Traders Club News, I'm glad I
purchased all of the back issues of the CTCN. I could have easily lost
thousands of dollars of trails and errors to which systems, methodologies and
brokers & market tips to explore. All of your CTCN back issues are
rich, full of knowledge and information. I highly recommend to anyone - they
can save money, time and energy exploring the market. I'm thankful of your
excellent work!" Jay Aldenger - member - letter: "Dave, I have enjoyed your newsletter
very much for over two-years now. New traders should not be without it, and
also very helpful to people like myself who have been in and around the stock
and commodity market for over thirty-years. Keep up the excellent
service!" Arthur Ansias - subscriber - writes on August 7th: "Throughout the time
that I was reading the July issue, I kept thinking about writing and here I am.
I have been reading CTCN since November, 1994 & have read all the
back issues starting with the first issue. It has been very interesting &
HELPFUL. In fact, I am still with commodities because of the encouragement found in
CTCN. I have been trying to master commodity trading since July 1st 1992
& am still trying. Since 1994 I have been a little more successful &
hoping not to get wiped out. I'm about halfway between step 14 & 15 of the
38 Steps of Success as pointed out by "successful trader." in the July CTCN . I would like to say "thanks" to all those who have
contributed to CTCN since its inception. Many if not all the writers
have been helpful in one way or another - I hope one day to be able to return
the favor. Incidentally CTCN & Investors Daily are the only two
publications that are a must reading upon their arrival. Well, Dave, this sort
of takes care of the urge to write. Hope you can use some of it to help
others." Davis Bullock - member - letter: "As a recently new subscriber, I'm
still reading and re-reading some of the back issues. CTCN is getting better
all the time - please keep up the good work." Dr. C. S. Butts -
Member - letter: "I have subscribed to the CTCN
newsletter since its inception. It has been a valuable educational tool and
look forward to receiving each issue, and want to thank all the contributors
who selflessly gave their knowledge, experience and time. It is a great value
and highly recommended to all futures traders." Keith Carr- member - letter: "I feel that your publication, being a
compilation of traders' experiences in the different areas relative to futures
trading, provides a much-needed forum necessary for continuing education in the
field. Keep up the good work, in spite of the threat of (unwarranted)
lawsuit(s) (against you). I look forward to each issue, because I really love
trading commodities. Thanks." C. J. Cassbeer - member - letter: "The CTCN Newsletter is very
worthwhile to any trader. I sold my computer a few years ago. It was too much
of a time killer. I would rather eye-ball charts and apply a few rules to
track. And I sure don't want to watch a screen for six-hours a day. CNBC is
good enough for me when I need a quote or close." Carlton J. Chin - Member - letter: "Great job, Dave! Out of all the
materials and publications I receive, I look forward to the CTCN the
most." Jim Covington - member - letter: "Hi Dave, To be quite truthful, I
don't take enough advantage of the wealth of info in your newsletter. In the
last couple weeks, I have installed real-time service and intend to make
trading my main vocation, so I will be using your services more." Keep up
the good work! Richard Craner - member - letter: "Trading is an isolated and solitary
function. I appreciate and enjoy the CTCN newsletter because it enables me to
get a little bit into the minds of others test that are involved in the
struggle with the markets." Lee De Vrees - member - letter: "This is the platform to weed out and
focus on what works, i.e., accentuate the positive!" Jake D - former member, last name withheld - "Received today
notification of your $57 charge to my Visa account for the "automatic
renewal" of my subscription, which is in accordance to my prior
instructions of a year ago.Please cancel these instructions now. . . Your
publication is interesting and worthwhile for a commodity trader. I traded for
8-years and thought I would get back to it after a layoff of several years. But
I (now) feel I no longer have the time or inclination. I have decided to get
back into futures by having someone else trade (my) $200,000 funds." Editor's Note: Isn't it amazing how a trader would miss-out on all
our knowledge to save an insignificant and trivial amount of money ($57), at
least compared to the $200,000 Jake is placing with a managed commodity account
fund. For example, by canceling his club membership now he is going to miss-out
on all the knowledge contained in our next issue, including editor comments
about managed commodity funds. This issue was to be mailed to Jake only a few
days after receipt of his cancellation request. These comments include
information Jake should be aware of. For example, the apparent problem of many futures managed funds performing
little better than break-even trading, on average. The allegation many funds
care little about trading profit, what with their main goal allegedly being the
collection of typical 1/2% per month management fees, which they receive
regardless of whether they traded profitably or not. Many managed funds make significant amounts of money on these fees, for
example ten-million dollars under management equals $600,000 per year gross
profit to the fund manager, guaranteed income even if making minuscule profits
or losses. A somewhat "small" one-million dollar managed fund equates
to $60,000 per year gross profit to the fund manager, even if he loses money
trading his managed accounts! They also frequently get significant revenue from
other sources, such as Introducing Broker fees for each managed fund trade
made. With these lucrative fee arrangements, especially involving large funds,
there is little real incentive for the money manager to achieve substantial
profits for his clients. Jake may not know all this and unfortunately he may never ever about it, as
he won't be getting our next issue due to his cancellation (unless he happens
to read this in our webtrading web site). Does Jake realize how incredibly
inconsequential our (special reduced cost automatic yearly renewal option) of
$57 per year is compared to his trading capital of $200,000, which is at risk?
Apparently not! This is the case only involving Jake, but also most (if not
all) other traders and investors. As King Solomon said, "Knowledge Is
Power - receive knowledge and not gold." Michael Diaz - member - letter: "I hope CTCN will not become a forum
for bickering. I do not believe that you could not establish a sufficiently
large legal fund to defend against some of the parasites out there. I think
CTCN has been a definite plus for my trading experience. Don't allow
"idiots" to ruin it with fighting and arguing, Dave. Thank you."
Teresa Fernandez - member - letter: "Have you ever heard of a family of
traders? Or a parent-child team? Or two siblings who trade together? Or lovers
who trade as a team? Very rarely, no doubt. By and large traders are a lonely
bunch, living in the midst of family and friends who do not understand why they
would want to subject themselves to such stress." "I am 49, married, daughter in college. I gave up a successful career
in corporate finance to trade the S&P and T-Bond futures full-time over
ten-years ago. I am happy with the results, and I love my life. I am a fairly
new subscriber to CTCN Newsletter and, for the first time in my trading life,
no longer feel alone. Keep up the good work, Dave. This is the only newsletter
I subscribe to that I read cover-to-cover." "1st Know" of Annapolis, Md. - Member - letter:
"Certainly each of us, as traders, require varying levels of feedback,
influence, education, advise and/or instruction that may improve the
profitability of our trading. . .while there are many valuable texts that
attempt to teach profitable trading methodologies, systems, tools, techniques
etc. More often, I believe the individual picks and chooses different subjects
matter at different times. The CTCN newsletter is a potentially valuable forum
for allowing each of the benefits each of us acquire in our experiences as
traders seeking secure profitability . . . It is difficult for one to suggest
it (CTCN Newsletter) is anything other than worth its price." Doug Fischer - Member - letter - "Outstanding newsletter. Well worth
the money. I have traded futures for the past 7-years with my own analysis, and
receive no other newsletter besides CTCN. I have no other contact with traders
besides a few I have met on the Internet and CTCN articles. I look forward to
receiving every issue. Keep up the great work! Hopefully, if I find some time,
I will submit an article." George Freborn - CTCN member - letter "Overall, I am very pleased with
CTCN. I have gotten useful information via contributor feedback, especially
Russell Sands, David Stone, Bob Lehodny. Stones
contribution in the Oct. 94 issue is simple & effective. As for vendors, I
have been helped by Mel Peddy, Linda Raschke & Joe Ross. Mel is especially
good on money management techniques. Linda's new book "Street Smarts"
which she co-authored is excellent. Keep up the good work Dave, especially the
positive and negative feedback between members." Wade Geery - Member - E-Mail - "Keep up the good work. I really enjoy
your newsletter." Don Good - member - letter: "I have been a subscriber to the newsletter
since its inception and find it to be the most informative source on trading as
most people write of their experience and not with the idea of something to
sell. These shared experiences - if they relate to a problem you may be having
- give much encouragement to keep you learning and trading. I find these more
helpful than any specific technique - there are plenty of sources for these.
Gene Hammaker, Farmers Trading Co. - member - letter: "Dave, I truly
enjoy receiving your CTCN Publication. Being an I.B. I'm bombard with info from
every vendor in the industry. Your newsletter helps sort out some of the
questionable items. Thanks." Bill Hrycek - CTCN Member - letter - "I do not trade frequently (once
or twice a month) I have developed my own PC based system which works for me,
coupled with my visual assessment of daily and weekly charts. I find some of
your articles interesting and have made a improvement to my system based upon
an idea gleaned from one of the articles. I am sorry I cannot provide a glowing
endorsement but I am not trading as seriously as many as your other
subscribers." Ken Jeli - Local Scottsdale area member - E-Mail - "Welcome to the
Valley of the Sun, Dave. I have been here since 1976 and really like it as I am
sure you will also. Just remember, "It's a dry heat." I just faxed my
subscription Automatic Renewal...which is a great idea . . . I like it. You are
providing a magnificent service with CTCN. It has been my primary source of
good information about futures and commodities. I know it's a lot of hard work
but please keep it up . . . thanks for your efforts." Joseph Kelner - subscriber - of Minneapolis, Minnesota, writes on July 5th:
"Thank you for a great publication. CTCN is outstanding. I have
been fortunate enough to use some of the methodologies presented in CTCN
to trade profitably for the first time in two years. Please send me the special
reports by Joe Ross at your earliest convenience. My membership renewal is
enclosed. Thanks again, Dave." R. F. Kohn - member - writes on Sept 30, 1997 "Dear Dave: I have been a
subscriber of the CTCN newsletter for a couple of years, and contributed a
number of articles. I wanted to write to let you know how informative valuable the newsletter
has become to my personal growth and education as a trader. One of the most
valuable assets provided by the newsletter is the shared experiences of other
traders as they attempt to make sense of a very complex and difficult
undertaking. Their good and bad experiences, combined with their personal
insights help all of us reach our goals and objectives. I have been trading for almost 20 years, and sometimes I think I've seen it
all, but in reality I'm still learning all the time Your occasional input and
comments, as editor, add a helpful perspective sometimes missed by a given
author. The one thing that I appreciate the most, is at no time do you ever take the
attitude that "trading is easy", or "anyone can do it."
Given the current high level of abuses that many system sellers, and newsletter
writers engage in, your honest and truthful approach is a "breath of fresh
air" within a much abused industry. Congratulations, and well done. Keep
up the good work. Best Regards" S. Komza - member - letter: "I would be pleased to get the CTCN
newsletter every month! I am an avid reader to say the least. It is a great
confidence booster to me. I am always hesitant to "pull the trigger"
to initiate a trade, and it is encouraging to me to read that others have had
similar problems and have overcome them. Maybe I am a "normal"
trader-in-training after all. Thanks to you for your hard work and efforts that
you put into the newsletter." "I am currently switching my data source over to T.B.S.P. I can now get
up to ten thousand quotes per month of any Combination of Future, Stocks,
Options & Mutual Funds for only $15 per month. Some charting and studies
are part of the package, also a toll free phone number. Service response is
very good so far." Leon Lannder - member - letter: "The CTCN newsletter is the closest
thing to a "Better Business Bureau" for the commodity trading product
and service "industry." It offers the opinions and experiences that
real, live, ordinary people have in purchasing and using various tools or
techniques offered to the public. Club members learn of many pitfalls,
difficulties, and occasionally some successes that arise. Being a club member
has significantly changed my attitude about trading to be much more cautious,
fact-based and realistic. I have also saved substantial money I might have
"thrown away" on purchasing a product or service, because I was
alerted by other member's description of problems they had. The newsletter
makes fascinating reading for people interested in commodity trading."
Jeff Leaz - member - letter: "I look forward with great anticipation to
each succeeding issue of CTCN. Each is packed with info, tips, experiences and
techniques. I would not only recommend a subscription for future issues, but
recommend the purchase and study of all past issues." Ken Linbauer - member - letter: "CTCN is an excellent newsletter. Do
not hesitate to subscribe." Charles McDaniel - subscriber - writes: "This Club has really helped me
in my trading. This publication has really helped me. I know this sounds corny,
but I really love the guys and girls who write. I wish every beginner like
myself, had this material before we started trading. I'm making some good
trades now. I'm developing a simple but good trading plan and most of it is
from (information given by) the writers of CTCN." John McIwrath - member - letter: "CTCN is an excellent publication. For
those, like me, who are just starting "The Great Game," the articles
provide help and comments are fair and honest and helpful. I look forward to
receiving each issue." Misc.invest.futures from davidxxx@aol.com - subscriber - internet newsgroup
posting: "A good newsletter to read is the Commodity Traders Club News.
This is a newsletter of articles written by (mostly) small traders. These
traders describe their experiences with software, brokers, trading systems,
markets, etc. . . Good luck trading!" Chuck Milech - subscriber - E-mail: "I really appreciate the good work
your doing with TCN. The current issue's article about Risk of Ruin is very
helpful. I hope that your encounter with the CFTC doesn't adversely effect your
ability to conduct business as usual. Good Luck." Marc Mitchell - Member - E-Mail - "I received your latest issue of
CTCN yesterday. I appreciate it every time." Ed Moore - Well-known trading service provider - letter: "I spent
over $300,000 improving my trading . . . too bad I wasn't a member of CTCN
sooner. I could have saved a bundle." Michael Mueller - member - letter: "For me, scope of subject matter and
the detail to which some of the articles go, is impressive. A subscription to
CTCN offers great value for money." James Petyjohn - member - letter: "I enjoy your paper very much until
the authors get into computer language, which leaves me out in the woods. I
have been trading stocks and commodities for over twenty-years. I took the
original Wycoff Course." "I have been a loser in managed accounts by, so called experts in
cycles, Elliott and others methods, so I do my own daily charts and use a
combination of Joe Ross, books and candlesticks. I am eighty-five years old and
still have an active account and am in one or more contracts continually. I
feel this keeps my mind busy even if I don't get rich out of it. I retired on
South Africa gold mining stocks bought and sold years ago." Eric Porter - member - letter: "Very interesting articles and excellent
forum. Could this forum be transferred to the Internet?" Gerald Quinlen, D.P.M. - member - letter: "CTCN Newsletter is most
helpful. I fell it is one of the most creditable of all the newsletters because
the articles published are from actual traders, although I do feel that some
merely like to see their name in print - too much verbiage. Also, I would highly recommend Joe Ross' course. He is very truthful, with
no bull!! I find honestly to be the most lacking virtue in the industry. Please
keep up the good work. I look forward to receiving our newsletter."
Christopher Raithel - Senior Market Analyst with the Chicago Board of Trade
- writes: "First of all, let me state how pleased I am with my
subscription to CTCN. I look forward to and learn from every
issue." Max Rhoad - Member - letter: "Yes, Dave I do like the CTCN Newsletter
very much and read it from front to back as soon as it is received. I have used
Larry Williams, Ken Roberts and the Craig Stevens courses and gained some from
each, but I feel that I learned just enough to be dangerous to my financial
health. I really do want to trade commodities but really don't know how to
begin. All advice is conflicting and then where do you go from there. I really
would have liked to buy the tapes (Real Success) but put it off too long."
Michael Rierdan - subscriber - writes in April: "Thanks for the
newsletter. I showed the article in the March issue to my tax preparer. It
saved me nearly $3,000.00. Again thank you." Max Robinson - member - letter: "Every trader should read your volume
4, number 2, April-May 1996 issue of CTCN. It has some very valuable and realistic information about how trading may
effect your taxes, and what you may expect from your trading. The most important point is that profits will not come automatically with a
new system! Patience and work will be required for consistent and continual
profits over the years! Keep up the good work." Neil Rosentaldos - member - letter: "The CTCN Newsletter in an
extremely valuable forum for the exchange of ideas and opinions. Through the
newsletter I've come to confirm what I've suspected all along: that the most
important component in successful trading is the trader, and not the advice of
a "guru" or the machinations of an expensive system."
Jerry Ross - member - letter: "Very good open forum. It has convinced
me a non-trader that if careful, one can succeed in Futures." Jeff Salesh - member & TCN Trading Method owner - E-mail: "I've
been subscribing to your excellent newsletter for over a year now. Listening to
other neophytes and more experienced traders has really helped me claw my way
up the learning curve. I've been day trading t-bonds and am finally starting to
get the hang of it and show a profit. I just got the latest issue of Traders
Club News. Good job! As usual, it was a pleasure to read the experiences and
thoughts of fellow traders, both beginning, intermediate and advanced. I had a
good week in the bonds, managing to net $2,700 in two trades." Larry Shelton - member - letter: "I read it cover-to-cover the first
day it arrives." John Soons - member - letter: "I can hardly wait to get my copy of
CTCN's newsletter. This is where to find the true value of any system
for commodity trading." Bill Sullivan - member - letter: "An excellent publication. A good mix
of articles, something of interest for everybody. I find it educational, though
provoking and entertaining. Over the years I have gone through a lot of
newsletters, magazines and books. At some point I over-burdened myself and cut
back on everything with one exception - the CTCN newsletter. I feel it has
truly been consistent, valuable, informative and very inspirational tool from
day one." Gordon Thomas - Canadian Member - letter "Dave, You are doing a great
job. Best wishes." H. G. Turner - member - letter: "CTCN is great! It is the only printed
matter that I have bought in the last 10-years worth keeping. The others only
had value for starting fires. Best wishes." William Ward - member - letter: "Dave, CTCN Newsletter is AWESOME, and
one of a kind! The articles are from experience and from the heart of real
people who trade real money. They say what works for them and what's not worth
it! That's what I like, unbiased, unsolicited honesty!" Klaus Wagner - German member - letter: "The CTCN newsletter is very
educational. I'm looking forward to every issue. I wish I had the emotional,
psychological standing to apply all the tips and insights. I wish I would be
organized as good as Tom D'Angelo is." Caley Wong - member - letter: "Dave, this is a great newsletter- very
inspiring." Wai Seng Wong - subscriber in Canada - E-mail: "I really do not want to
miss even one issue of Traders Club News. Also, I enjoyed very much Mr. Kent
Calhoun's comments on Futures Truth's Top-10 Systems of All-Time in the
July/Aug 1997 issue... Please send my message to him if possible."
Gregory Wood - new subscriber - E-mail: "I'm a new subscriber and am
delighted with the newsletter. I'm impressed with your editorial control and
the discipline imposed on your contributors. Reading the back-issues has been
very instructional for me." Click here -->
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Special Note to our Testimonial Contributors:
Please let us
know if anyone objects to their identity being shown. Thank you. Note: We operate open member forums and consequently reserve
the right to publish e-mail and other communications received. Therefore,
please indicate "confidential" or "not-for-publication" on
any e-mail or other correspondence sent us which you want kept private. Please
let us know if we publish your comments and you object. Thank you
(c)Copyright 1997-2004 by CTCN. All
Rights Reserved.
Commodity Traders Club News Testimonials from CTCN
Newsletter Clients - listed alphabetically