About Us

About FuturesUnLTD

The guy behind FuturesUnLTD is James Beals. Who is he and what is his background ?

For 25+ years I have worked as an independent electronics design engineer, digital logic design, product development and software programming contractor (as well as multimedia producer and video producer). More recently I was employed as a programmer / analysis in the financial-insurance end of the medical industry (and also own and manage a medical billing service in Florida). For the past 5 years I have been steadily involved in the futures market, from position trader to day trading on 1 min bars, to analyzing and programming trading systems.

I took my first futures trade back in 1984. But, a number of changes occurred in my life at the time that I simply got so involved with other projects and investments and businesses that I totally forgot about the futures for 12 years.

It was not until 1996 that I again took an interest in trading. What lured me back was the idea of computerized technical trading.

Well, as you can see from my back ground in digital logic design and software analysis and programming, I am a 'technically' oriented person. I had just completed a project and was looking to for an investment. And that is how I again got involved in the market full time and took up day trading.

For the next 2 years I spent thousands and thousands of hard earned $$ in software programs, real-time charting programs and $260 per month for real time data and exchange fees.

Even though I bought some good programs, you have to understand, I am a programmer at heart myself. The charting program, Trade-Station, had its own programming language, so from the day I got it I was writing my own indicators and systems. And, I wrote several good and winning systems.

But, futures was not the only thing I had invested in. I also invested to start a new business adventure totally unrelated to futures. And I had an investment property. For what ever reason, as God would have it, the investment property became a white elephant and I eventually lost it along with the money I had invested. And the business also failed.

I wound up with bills to pay and had to take more money out of my trading account then what I was making.   It got to the point that I no longer had the funds to trade.   Even though I had been self employed for 25 years, I found myself in a very awkward situation, I was not able to find contract work for a long period. I had no other choice but to accept employment. I got hired as a programmer/analysis in the financial-insurance end of the medical practice management industry.

Hey, but that was just my day job.   For 3 years I spent every spare minute, virtually every evening - late into the night, most every weekend, programming and analyzing and perfecting and testing trading systems. I created a number of them.

I try to be an honest person, maybe I reveal more about myself then I should. But, by the time I went to actually seriously trade the systems I found that I did not have sufficient funds, at least for the major indexes. (My wife works full-time raising and home-schooling our 3 children, so we had to get by on a single income). That is why I originally decided to sell the signals as a means to build up our trading account.   However, running the advisory business has turned into a full-time business itself and has allowed me to continue in our market research and on-going development of our systems.

The latest additions we have made to our next generation systems is to add dynamic market volatility tracking, each day the system parameters self-adjust to the changes in the market. This is very substantial step forward. We are very excited about the next generation of our systems.

If you have risk capital for futures investing, don't pass our system up. However, by law, and just practical common sense, we have to constantly remind you that markets can and do change and that past performance is no guarantee of future results, and that there are risks in futures and options trading.