Bio
Randy Stuckey
Randy Stuckey, the developer of MindFire Systems, has spent many years in the manufacturing world as an engineer, statistics trainer, manager and director. During his manufacturing career he was a plant Quality Engineer, then a Quality Manager, then a Division Level Manager, and eventually ended up at Corporate Headquarters as Corporate Quality Director. Rany had the opportunity to develop many process models and then improve the manufacturing processes for several top secret "stealth" programs. This quality improvement and model creation background provided a solid base in Statistical Process Control and the Design of Experiments. These statistical tools have proven to be very useful in the development of trading systems.
System
Golden SX
Golden SX was released in 1995. It trades 20 different commodities and uses the same rules for all 20 commodities. The Golden SX system waits for a slight retracement before actually taking its trades. Entering a trade after retracement improved the probability of trade success. It also has two exit stops. When it enters a trade initially there is an adaptive protective Money Management Stop Loss. As the trade progresses, a new Profit Based Exit Stop kicks in. This exit signal tightens up the stop to protect open trade profits.
The February 2007 issue of Futures Magazine displayed the Top 10 Trading Systems, which were research by George Pruitt of Futures Truth. PFG cannot verify the performance of the programs listed. The risk of loss in trading futures, options, cash currencies and other leveraged transaction products can be substantial. Therefore only "risk capital" should be used. Futures, options, cash currencies and other leveraged transaction products are not suitable investments for everyone. The valuation of futures, options, cash currencies and other leveraged transaction products may fluctuate and as a result clients may lose more than the amount originally invested and may also have to pay more later. Consider your financial condition before deciding to invest or trade.