ONYX
In my six months subscription to this strategy using automation, the P&L was negative when I included commissions and subscription fees. It's not a bad system but I feel the fees are too high to justify until it shows more profitability.
THE SUBSCRIBER PERSPECTIVE
Strategy reviews
Real experiences. In subscribers' own words.
Read what worked, what didn't, and what it was like to follow a strategy.
Strawberry Rhubarb FX
I have been autotrading Strawberry for 2 1/2 months and has been a consistent money-maker for me. Differently from other systems, cares about his subscribers. He is cold-blooded but enjoys sense of humour. Four star not for the quality (I think he is top and I believe there are only two other systems for FX here at Collective that stands in the same league) but because the system is relatively new. I'll review again in some months and after, hopefully, gained more money!
Zetatech Trading System
Another person/trader who does not care about the money of other people. Tries to be smarter than the market does not recognize that his subscribers lose money. Only excuses, really bad.
Strawberry Rhubarb FX
1/25 - As the previous reviewer notes, the system developer stays true to his stops. However, those stops have been hit with increasing frequency as indicated by the declining monthly returns: Sept: +25.5%, Oct: +19.6%, Nov: +18.8%, Dec: +13.5%. January promises to be lower still. While the above returns are outstanding, the declining trend is cause for concern. While stops are necessary to give the trade a chance for success, the trade should be abandoned when the reason for making the trade vanishes. The developer shows his ability to reverse his position quickly to recover losses, but he has had two losing weeks in January. I hope I am proven wrong and the previous success resumes. I would be glad to revise my rating to 5 stars in that event.
The Cake
I've subsribed to this for 3 months, and have been loosing money. This system may work on autottrade, for me manually placing orders after receiving the email has not resulted in any profits. Also, I made a loss in Dec, whereas the web-site shows 8% gain. So, I've just un-subscribed
DJIA Specialist
How about cutting losses short and letting winners run instead of hope and hold? On Friday 1/13 vendor had a small losing position, instead of closing it out during the end of the trading day he added to the losing position for unknown reasons. When it was clear on Monday that he was wrong he nevertheless held on to increasing losses the whole week. Is the vendor asleep at the switch? What a shame for a system which had a promising start.
XXX
I have autotraded Venters for almost one month. I like the concept of exploiting a pair that few people follow and I think the system is a sound one with a good developer behind. Unfortunately I went through one of these periods that happen when actual performance deviate from the expected and I give the developer the benefit of the doubt given unusual volaitility. I unsuscribed but on the ground that it was not suitable for my objectives. I'll come back if and when I realize that it fits my need.
DJIA Specialist
Stay away. This appeared to be an intraday system but developer has held a margined position in a 3x ETF for two weeks for an 18% drawdown (so far). Maybe system was abandoned?
S&P Swing
Results speak for themselves.
XXX
Seems to be consistent in 'normal' markets. Does best with its short-duration trades. Lost a bit of confidence in this system when it took a $200 loosing trade into a weekend earlier this month and came out on Monday with a $1000 loss--the 5% descretion that the developer cites in his description should have avoided the weekend in light of the euro crisis.
XXX
System gets hurt by deep DD over weekend trades. If this issue is resolved, maybe 3-4 stars.
Blizzard FX
This is a Martindale system, pure and simple with no stop loss at all. This can easily be seen by the current $700+ DD against profit positions in the range of $20 - $30 each. The risk/reward of a $700 loss (so far) against a $25 gain is staggering. This is the reason that Martindale systems are so risky and prone to failure.
Euro 30
Vendor says: "I attempt to limit risk to a maximum 5% per trade. My goal is low risk, high profit potential". System is down more than 20% because of a single short position which is still held open. Consistency is simply not here.
XXX
I agree with the previous reviewer. This is one of the most worry-free systems on C2 in both its trading style and instrument. The developer is very professional and great at communicating and answering questions promptly, and the results are better than C2 suggests if you trade with a good broker. Too many reviewers judge a system by a few losing trades, but the fact that they still chose to give this system 3 stars is a testament to its quality.
XXX
Writing this review in response to several of the previous postings.
Vendor has demonstrated that he has a system which can be traded profitably over a period of 5-6 months. While I do agree that several recent trades have been less than inspirational, a few trades in the context of overall system performance in my view do not warrant a jump to negative ratings.
4/5 for overall return thus far, and good communication from vendor.
XXX
The Vendor should take profit of the trade after the draw down since this trade achieve good profit and would have recouped 1/2 of the preceding draw down. Most of the profit were take with less than 200, why NOT this one when its profit is around 500 and did not seem to run up and stead reverse. So there is inconsistency the the money management scheme and this mishap well likely hurt the system performance and will likely cause the system first loss this month. Hopefully the system will revert to its previous consistency to help its subscribers building good equity.
XXX
I completely agree with previous reviewer. Looks like Vendor is desperately chasing the market trying to quickly recoup recent losses. Losing positions are being held longer and longer and a losing position is held over the weekend once again.
3Fold
Investor's strategy takes advantage of well chosen stocks that show sustained long-term gains and has moderate trading that lowers commission costs and taxes. Impressive, just what I need.
XXX
Basket Futures I
very poor, with no visibility on stops and targets.
B1Global
Excellent system, obviously traded by a professional. No unnecessary exposure as system is only in the market for short times. Equity curve speaks for itself and monthly fee is quite low. Easily one of the best systems on C2. A trader who trades less frequently but still manages to reach these performance levels is a good thing for subscribers, not a bad thing.
Strawberry Rhubarb FX
This is good system! Small, low risk, consistent. Manageable DD. A great way to scale gradually. Nothing beats slow, stead profits with minimal account volitility. Disciplined trader who really know how manage is trades.
System 64862505
It seemed like a very interesting system, until it stopped working! You should have implemented that equity curve trading you mentioned. Most likely, you would have avoided most of the recent significant drawdown.
PIPALERT
Well managed system with great entry calls. Larger draw downs are there but infrequent. Creator communicates well, and the equity curve speaks for itself. If you're prepared to sustain the occasional short term drawn down, this system can be quite profitable.
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