this trader had a lucky start, however, he insisted to short the USD/JPY again when he almost blew up the first time, since then he had gone against the FED, JCB, big trend and leveraged to the neck but give up totally on his stops, praying the JCB would intervene again to save the trade. I had liquidated since he moved the stop second time...
Dont allow such badly maintained trade leaders. There shoudl be some deep level checking to allow such bad trade leaders. I was messaging him on what he want to do on the trades and he seems taking revenge on his subscribers. A totaal SHAM and SCAMster.
C2 team, please do enough checks to keep your reputation.
This is a diversified portfolio of algorithms trading futures. Good risk management, every trade has a stop loss, and all trades are closed by 4:00pm. These are mostly breakout systems, so they can get stopped out in a choppy market, but they are highly profitable when the market makes a big move. The developer is responsive and helpful. Highly recommended!
Got spanked today. The system kept averaging on a losing trade. Down $37,000 on one trade. This is the prescription for a blow up; The only reason I gave two stars is I have to take some responsibility for choosing it.
Terrible strategy. Appeared to be a skilled forex strategy when was up 200% and when stated past years results. Quickly discovered that trades are way oversized even with small account size 15k used/recommended, and trader users averaging down on losers which is in general bad trading unless trend is certain. Past results were likely falsified. Trader lost all gains quickly and more with several poor risk management trades. I was fortunate to realize poor skill and risk management was apparent and only lost 25k instead of my whole account. It's also believed that trader also posts false reviews to get customers as all he cares about is the fees, He couldn't care less about blowing up account. Congrats another C2 scam trader. Stay away from ARK anything.
Excellent trader and performance. Occasionally figures out way to adjust trade in the end to make it a winner, when things don’t go exactly as planned. Exceptional market knowledge.
Quite an active strategy, rarely a quiet day, which is nice. Trader seems to mostly bet on mean reversion after strong swings, which works well most of the time since that's the more common pattern. Trader tends to double down on initial losses like a Martingale, leading to higher risk and drawdowns on bets in the wrong direction. Again that works if we get mean reversion within the normal time frame for a trade (up to a few days here). However, sometimes it's not a brief deviation but a full new trend, and then the strategy of adding leverage after initial losses really backfires, leading to large losses on a few trades. Stop margins are far too wide to contain this risk. After several months of trading my return on this strategy was negative because the few high loss trades more than wiped out the trickle of positive returns on the much less leveraged successful trades. Entry timing could also be improved, trader often jumps in right in the middle of a steep move, could wait until there is at least a sign of a change in direction. Overall the returns don't justify the risks taken, and risk goes up significantly in choppy trading, causing net negative returns over a period of several months fo me.
JWB Stock and ETF ORB trader plays with calculated risks. The trader has had tough days but overall has performed better than S&P and has been consistent for several years. Low risk and consistent positive performance relative to S&P is what I was looking for.
The strategy description sounds like it's written by a lawyer, quoting "in the Enhanced version, underperforming positions are held with less tolerance and occasionally liquidated sooner." The key word here is "occasionally." I guess a 45% drawdown is still viewed as tolerable for this strategy. Too risky for me.
Risk management is very poor. Lost almost all due to a large short position held over a month, when the market went up. Recommended account size and positions would result in a margin call at the brokers I know, but still leader kept position. I adviced leader 2 times to get out, but he was confident in winning. After I left, he has reduced the position and regained some losses.
Good steady returns with minimal downside risk (especially if you set your own stoploss). I like the short term trades, so I'm not stuck holding a position if there is sharp move in the markets. This is the perfect "fire and forget" strategy.