A very risky system where the manager allow huge draw-down. No proper risk management, no stops, system allows to go big time against the trade, there was a chance to exit out of the loosing trade, even that chance has not been used. I am referring to Sept- Oct trade, which is still in the play with huge lost.
4 star rating is given from inception not the short time I've been with it.
This system had a strong start out of the gate but has been flat for the most part over the summer.
Important to know there is no draw down limit so difficult for me anyways to know how much to risk.
So far a very good experience. Not many trades as of today (2 in September and 1 so far in October). Compared to other future traders this is more on the low activity scale which is completely ok with me. What I like: he lets the winners run and thus generates a much bigger return then going for the smaller increments day after day.
A very risky system as indicated by the huge drawdown. This happened for two reasons. First whenever there is a drawdown the manager would double down using borrow money as happened on September 9 with disastrous result. Secondly, there is no money management or risk control so any drawdown is ignored and waited out until the trade turn positive which is equivalent to letting losses run. This is gambling because the drawdown may get up to 100% and blow up the account. This is not an unrealistic scenario considering that the manager is using borrow money. This system is described as a day and swing trading system but the manager definitely failed as a day trader since the big drawdown on September 9 happend during the day and not overnight like the Brexit event.
The manager is very knowledgeable and I have a good relationship with him. He always respond all my questions promptly, not only that, I learned a lot about option n his logic. If you want to know how good is the manager, you should how the mgr manage his live account during significant market drop, he managed smoothly during Brexit n 1 event when market was very nervous about increase interest rate, September 2016. You should expect huge volatility from this strategy. Bottom line, I recommend this strategy, he is not using Monopoly money, well diverse, good risk n return. I'm very happy with performance.
So far I am very happy with the System, it has shown consistent gains and low DD, stop loss order is always in place and it is updated as the trade moves. Developer is very responsive and communicates often.
Great system. Been with it for about 3 months. Just had a nasty drawdown. But recovered after 2 weeks. Trades are some daily, sometimes is weekly or monthly. Definitely does not over trade. Seems to be a algo/measurement driven system, At Least from what i can tell from he's emails. Developer sends out messages about once a week or 2. Cant complaint when im making money for doing nothing.
He only buys vix etfs, so i dont worry too much about option risk or futures over leverage.
Excellent start on C2. Careful trader, takes profits, reduces risk, yet has outstanding results. Would be five stars except that the system has only a comparatively brief history on C2
I have been a subscriber for 2 months. Results are not only incredible, trade discipline - i.e. stops in place, is very good. Not sure current returns are sustainable, but 1/4 of current would still be very strong.
Fantastic results and great communication from the trader. He explains everything and recently adjusted the trade sizes downward to accommodate those with more trade restrictions. This change could adversely affect the profit sizes shown in C2
The big caveat is that the system is still young
I like it a lot. The developer is very responsive and supportive in getting things up and running. Questions are answered promptly and very pro customer. Although the last week were challenging, as far as I can say, the developer is very thorough in what he does. What needs to be improved is how auto trade is working. When you start with Volatility Trader, you have to be very careful to check your positions so you don't end up with short stocks. The automated setup does not work properly if there are several positions already in place (e.g. covered call vs naked call). Would consider this one of my favorite strategies with very good communication.
The system is great.. It's a safer vix trading strategy. If you don't have the heart for the ups and downs this has been pretty consistent.
Developer is GREAT with communication!! Actually sends updates and replies immediately to questions and concerns!
UP, UP AND AWAY!!
I'm giving CkNN 5 stars for what's done to date. Amazing returns, great risk management and a vendor who answers questions promptly and seems to be on top of trades. The next couple months are going to be very volatile and I think CkNN's trading style will be well suited for that kind of environment but I take nothing for granted with any system on C2.
Very Good Strategy and Excellent Trader. The entries are especially efficient made by an excellent trader always present in the market.They are possibly improve the exits with fixed or dynamic stoploss . Simple Vix and Volatility Trader they are some of the best strategies on c2
Subscribed less then a month and made 3 trades only. Looks like GC the only futures system on C2 with appropriate risk-reward ratio which doesn't use averaging down and doesn't wait for price recovery. Highly depends on volatility.
Trades infrequently, but effectively. Trades are reasonably short in duration, so the system does not use up a lot of margin most of the time. I like that the developer is willing to cut a loss short and keep a tight leash on profits.
Developer has great communication and is obviously very intelligent. At the end of the day, smart systems are created by smart people. Highly recommended.
