STS may turn out to be a fine system. But for someone with a substantial stock position the risk profile may be a poor fit. With up to 150% stock exposure, this system can fall hard as in the selloff beginning 1-17-14. System trades frequently and seems to hold on to losers longer than winners. It may do well in the long run, but a bear market could be painful.
Opening a long position at 1/31/14 15:58 (2 minutes before weekend close, why ???), moving the 'catastrophic stop' down because system 'says still long', adding to a losing position and finally getting lucky. Sorry, I have to unsubscribe and run far, far away ...
The review prior to this claims YZ will not blow out your account. I think potential subscribers need to be aware of the risk of a system like this. This system sells naked options. It doesn't get any riskier than that. The chances of it blowing out your account are enormous. I've unsubscribed because of this. There's a reason why a lot of brokers are asking for high margin requirements on short selling options.
I am a long-term subscriber. This system is exceptional and among the very best on C2. Consider the excellent returns, and the length of time the system has produced such returns, with excellent win %, Sharpe ration, respectable DD, etc. YZ will not blow your account out. Risk management is excellent. This system will make you money. Communication is quick, and the weekly commentary is excellent. The only criticism I have is that the manager did not grand-father existing subscribers' rates with the new price increase, but that is getting nit-picky. I cannot believe someone left a 2-Star review because they were too daft to find the email icon, which is in the same place as it is for all systems. I also cannot believe C2 allows such a review to stand.
After being a subscriber and autotrader for a while I was wondering why for example a short position was kept open when the price went from 5 to 18. I asked him and he replied that actually he has closed his own positions and should have done the same in C2 because he is not able to trade the system currently.
not the fact that i subscribed just before his big drawdown ,because i think you must not walk away from a system after one or a couple of months ,but the fact that he did not reply to a message of me
One of the best systems I've subscribed. I like very much the well working dynamic stops and the fact that developer does not add more contracts to positions.
The system is perfect for unexperienced investors as well as the another system in portfolio for professionals. Average time for a position is just few hours and the position is always closed before the end of the session.
Big plus for the system's backtests available on their website. Great profit to drawdown ratio.
Good job so far, thanks.
System is good. Unfortunately, this system requires an account that is much larger than the system's current equity. This is because the US auto-trading brokers (MB Trading, TradeMonster) are setting extremely high margin requirements on short selling options, which this system is based upon. I was surprised, because i funded my account with the same equity as the system's, but was only able to enter a portion of the trades, due to the issue described above. If this is the case, then there is no point for me to continue unless I have an extremely large account (maybe $100K), which I do not have unfortunately.
I subscribed to this system on 10/29/13 -- just before a fairly significant drawdown. However, I stuck with it and since then I've recovered my losses and made some nice profits. The reason I didn't bail out is that I could tell that Gautam is a very skilled discretionary trader. He works tirelessly (I'm guessing 12-14 hours per day) monitoring charts and managing the positions. Excellent communication with subscribers -- answers questions very promptly and keep us informed on current trades. I can't justify a 5-star review yet since I've only been a subscriber for two months, but I really like what I've seen so far.
The best system of stocks in C2. I susbcribed 4 months ago, and for the moment very happy with results.
The only "bad" thing is that i miss some of comunication of the owner of the system as in others system, for this 4 stars, if he improve that next year would have from my part 5 stars in the review. Continue as know
Andrea once told me that he's been trading since he was 18, and now that I've been a sub for almost a full year, I have to say I believe it. A true professional, setting up trades with planned entries for optimum profit, protecting capital and cutting losses quickly. Tends to enter with half equity and will double the position size only if next stop level is reached. Doesn't use margin so what you see is what you get. Tirelessly communicates, complete with charts, educating subs along the way. Safest 30-35% APR I could ever hope for in a system. Many thanks, Andrea.
Great system. After a rough patch this past summer, the system was adjusted and has produced remarkable results since. Low risk with mostly intraday trades, an over 90% win rate (even higher since the summer), scalable, a reasonable subscription fee and a developer who responds to questions. Four stars only because the system is still less than one year old. Otherwise, a clear five.
Dear Reader of my Review,
I joined the system exactly at the wrong time (5 Dec) and exited at the wrong time again. Just before profitable trades added 9K in system capital.
The system is close to 100% leveraged on a margin basis and with growing profits the system developer adds positions / risk. I overlooked that in the first instance (my fault).
Any new joiner should first correspond with the developer to fully understand what he is doing (as others said, he is responsive).
Once you are aware of the extreme leverage (not as extreme as most of the other system on C2), you can scale accordingly to your capital.
I call it a year now but looking to join the system again in the New Year.
Personally, I like the rescaling of Safe Capital. I was trading with a factor of 25% with some success, but now I will be able to follow at 100% and not worry about mishaps. Now if someone wants to trade with 10k they will only have to scale to 50%
Hi Safe Capital,
You have reduced the trading account by 72%,
now all the recent losses are showing on C2 website lower $wise,
What should the subscriber do so that past losses turn into smaller losses $wise
Bad system without control of the losses, in first instances the author said that the max dradown historical was about 15% and in real is 21% for now...
He lost a lot of money these days, and what is his excuse? that C2 is working bad, really? i have a others systems working with c2 and anyone have any problem only this.
And what he done? decrease the capital 72% to show to the people that is not so big the losses in numbers, for me this is not the mentality of a winner, a winner person is a person when the things work bad, say yes, its working bad, but in the future we are going to do fine, not excuses, "not cheating the results", not lieing. If you start 1-2 months ago to trade this system is very hard now to recover from the losses.
Well, It seems we lost every trade this week, in Bear market and Bull market when the Dow is up 200 points today. I'm waiting for it to recover a bit (if it recover, or limit my loss at 1K) before exiting the system. The risk/reward does not warrant my participation. It will be a miracle if it will be in green this month, given that miracle does happen. I'm rating ** for the period since I joined the system which is less than 2 weeks. Hope it will recover and going equity High so that future subscribers will propel it to *****
I've been trading YZ for 4 months. I am very satisfied how the system developer communicates with subscribers and of course how the system consistently produces income.I highly recommend it
I like this system…so far. The system is still young and so it remains to be seen whether it will still be around in a year or two. But the early signs are encouraging. For example, risk is managed well with all positions always being protected with stops that are tight and placed immediately after entering the position. Losers are cut early and never allowed to run. The system developer answers questions quickly and politely. I’m not crazy about the steep subscription price but I can live with it since the system performance is good and the risk management techniques are solid. If the system can reach the 1-year mark with the same level of returns in the form of a smooth upward equity curve, then I'll gladly give it 5 stars at that time.
Safe Capital is a well manage system with the owner always mitigating risk while outperforming the marketing considerably. Granted hes only been at now for 90 days on C2 and the market has been very bullish, I believe we'll see consistently good results for quite some time into the future. He's system will often take a few quick trades with fairly tight stops to find a trend and then he'll ride the wave for what appears to be an average swing trades around 1-4 days (could be longer or less obviously). It's key to ensure that you properly and proportionately size your account so you can swing trade between sessions.
The owner of the system has also been very responsive to some of my early questions related to some higher than normal trading activity. After our discussion, it made sense based on his algo's design.
Anyway, I've been highly successful thus far trading Safe Capital and will remain optimistic for a long run with the owner of this system. As an FYI and based on my returns over the last few months, the $299 fee as a percentage of my account equity balance is actually far lower than systems that are lower per month. Something you simply get what you pay for... Granted, I write this review because I want to see the systems owner be successful, which will lead to my success. However, I'm selfishly hoping that there's a balance between the numbers of subscribers and a good return on the owners efforts and performance as not to add too much potential slippage, which has been minimal thus far. So, with that, I share my recent good fortune. :) I'm giving the system a 4 out of 5 for now and will make it a if the system can continue to do well. Granted, I don't reasonably believe we can continue to see 45% plus monthly returns, though I wouldn't complain.
Happy investing and good luck with your trades.
Rich
Until now this system has shown good results. It’s true that it is a relatively young system but the developer has another two systems that are trading the same market and have consistent gains for longer periods. On this basis, we can expect the owner knows well the market and would achieve positive results in a longer term for this system as well. At this moment - four stars. If the system continues with the same results until Jun 2014 (one year in production), I’ll come back with 5 stars.
Excellent system. I autotrade it at IB via an autotrading service. Very happy with the results. Trader very responsive to subscriber email messages. Keep up the great work!
I've been trading YZ Income Fund for a year now and I cannot be happier. Whatever proprietary system YZ uses to trade the VIX he has developed a winner. YZ keeps you informed and stays in touch with subscribers by sending a weekly update on the market and the positions as well as a P/L chart. If you are looking for a system that has relatively low stress but the potential for high returns give YZ a try.
