Interview: John Hill Of Futures Truth by Jayanthi Gopalakrishnan
Think of all those trading systems you see advertised and hyped. Havenít you wondered whether they work? Of course you have. John Hill is the president and founder of Futures Truth magazine, which tracks, tests, and evaluates trading systems and then publishes the results. Starting the magazine was his response to the many ineffective or downright fraudulent systems that he saw were being sold to would-be traders. STOCKS & COMMODITIES Editor Jayanthi Gopalakrishnan spoke to Hill via telephone on October 25, 2002, discussing trading systems, the characteristics that make them successful, and what traders should look for when choosing a system. Here is what he had to say.
Youíve evaluated quite a few trading systems through the years with Futures Truth. How did that come about?
Futures Truth was organized back in the mid-1980s with the purpose of showing the actual performance of the many trading systems that were for sale, many of which were completely worthless. The magazine started out in a negative vein, in that Iíd purchase a system that I would hear about, it would turn out to be worthless, and Iíd get irritated. Finally, I decided enough
was enough. That led me to start Futures Truth. Through the years, we took on anybody and everybody and had many, many threats of lawsuits. . .