this is an excellent long term strategy , run by a very responsive real person investing his own money and making a success of it over years. surviving many years and thriving for most. good catastrophe hedging as well. most recommended
I'm only writing a review to actually get the notification to write a review to go away. You should ignore this, but I will say they are one of the better performing strategies at least.
Do not be mislead by the return numbers. If you look at the max drawdown in October unless you continually added capital to cover maintenance requirements your account would have been wiped out. If you look at other strategies by this manager you will see several have ended poorly. Luckily I got out with only losing about 20% of my investment in October 2020. Also very slow to respond to messages. Not worth the huge subscription fee either.
Excellent risk management for momentum trading. The trader has a cool head, keeping losses relatively small, and letting winning trades play out. I've seen other futures scalpers double down on losses, which will always, eventually blow up - but, I've not seen that risky behavior here. Great work, and thanks for the gains. That was an awesome trade this morning!
Lost thousands of dollars. Poor risk management. I am training to be a pro trader and I cannot lose more than 1% of my firm's funds at any time. That is a hard rule for many pro traders. These amateur-style algorithms on C2 can lose more than 10% in one day, triggering margin calls, which make staying in advertised trades realistically impossible. Tried programming stop losses to prevent capital loss in Interactive Brokers, but IB has extremely limited quantities after hours (even at 4:30pm!) unlike other trading platforms. Your stop losses will not be respected, will not fill.
I am happy to be inside :). There are some days when the NASDAQ goes down
and this strategy goes up.
I have never seen such a consistent & profitable trading style with stocks before.
This strategy was working well for a while. There is no downside risk protection with stop loss and too optimistic on long index trades. Move up was slow and steady but the falls are sharp. Losing 10% so far not adding fees.
One of the few systems which day trades stocks successfully. Entries are usually in first 30 minutes of market open and near close so can be manually traded. There is always risk with any system but this one is somewhat mitigated as no over night trades and usually a mix of long and short
A good example of a ticking time bomb strategy. How do you have a dozen plus months of positive returns and then lose more than 80% of allocated capital over the course of a week or so? Reckless risk management, doubling down on each loss with larger bets in an attempt to claw back. It works until it blows up spectacularly.
Strategy developer doesn't respond on any questions, and doesn't keep smooth risks along time which cause significant potential of loss. I'm very unsatisfied with the strategy and its developer.