extreme-os
Good strategy
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Reviews of extreme-os
extreme-os
a very long time it has been successful, some drawdown periods, but a remarkable record. this should be ones long term foundation.
extreme-os
I think is the only one system in C2 with so big picture of his history perform where you can see how it works in bull and bear markets, I think is one of the best stock systems (or the best) in C2 and the only one that can probe it along the years...
The only thing because i dont give to this system 5 stars, is that Uyen Le has to improve his "psicology" and when is necessary close a trade that doesnt work properly (use better mental stoploss), but its a question very easy to solve for us, you only must put your own stoploss in your autotrading.
extreme-os
In a month of virtual autotrading at 10% I "made" $16 and spent (no quotes) $100. I give it a "fair" because other systems lost me a lot more money...
By the way. I've been looking at Collective 2 for 10 years now, lost a few tau. Is anybody making money?
extreme-os
Has it really been over four years since anyone wrote a review of this system? And the last reviews were all highly negative, written right after the March 2009 market lows. Extreme-os certainly suffered from that period (mostly due to one bad trade: the Bear Stearns collapse) but so did everyone else. Well, with the exception of John Paulson that is. It’s time we acknowledge that what Uyen Le has accomplished since 2005 is remarkable. His system is at all time highs; win percentage back over 70%, when it was hovering around 64-65% just a few years ago; and despite the two bad drawdowns, Uyen has only had one losing year (-7% in 2011). How many 9-year old stock trading systems do you know with an audited 231% annualized return?
extreme-os
I recently unsubscribed after trading the system a couple of years. I still managed to make about 50% over that time, but it was close to 100% at the peak. When I first subscribed the vendor used to exit losing positions after 2 days. Now he hangs on to losers for months at a time -- a recipe for disaster...especially in this market. The other reason for the poor performance is simply the market meltdown since October. There were just too many falling knives and not enough stocks that bounced. If this market ever returns to normal I expect this system will do well again, but my money is in long/short systems for now.
extreme-os
Can someone please elaborate on what happened to this system after 9/24/08? It just became an hungry beast, eating away at our capital and destroying years of progressive accumulation. Now, 6 months (and $600 in fees) later, 56% of capital is gone, and there is no sign of recovery in sight. If you're still in, one word: RUN!
extreme-os
I think extreme-os was good in 2005-2006. I agree with Low realism factor with commissions. Since January after slippage and commissions lost -15% of account. This system good in C2 records only. Vendor decided don't change system until will have negative year. Result,- extremaly high drawdown and volatility not typical for this system.
extreme-os
Autotraded: July/August2007
This system doesn't seem to work in a volatile market. Never lost so much in such a short time.
Very dangerouse even for my risk tolerance.
extreme-os
Seems very rule based system, but pay little attention to current news. Do not avoid events like quarterly earning reports, risks are often high.
High percent of good picks but some are low volume stock, very high slippages with AutoTrade (surge orders). Cut loss quick (2 days) but had no stop nor hedging protections. Stable curve but stats are rosier than real at C2. Good system before 2007, but timing are off often in recent 6 months. Net loss to date since Oct 2006.
extreme-os
After two years as a subscriber, I am finally throwing in the towel on this system. Down 10% this year on real fills (as opposed to C2 fantasy fills). Had a decent January, but since then, even in this bull market, the system has stopped working.
extreme-os
What is going on?
BTO 6,000 NTY
42.26 6/19/07 10:19
0 40.48 (09:32t)
($126,779)
He only had 700K and
he LOST ($10,680) so far?
BTO 10,000 FLML
23.33 6/19/07 15:10
0 0.00 (17:14t)
($116,649)
And of that original 700K,
he also lost ($233,300)?
BTO 5,000 CHKE
40.81 6/20/07 13:16
0 0.00 (16:13t)
($102,025)
And likewise Collective2 says
he lost another ($204,050)?
This much is real--I had $25000 last
week, middle, when I turned
autotrading and now I am down 6% already.
I have shutdown autotrading in emergency
until Collective2's computers and Extreme_os
get back up and working like it used to.
extreme-os
Very consistent, long history, small drawdowns, but a lot of slippage. http://scitra.blogspot.com
extreme-os
I trade the EOS system exclusively in an IRA account I have at IB. That account rose in value by 60% in 2006 and I am off to a good start in 2007 (up 5% in January). You won't make the 160%/year that C2 reports due to the sizeable slippage, but the system is very consistent and one that I plan to keep trading for a long time.
extreme-os
System trades very thinnly traded stocks and fills are harder to come by. In the real world it is a very hard system to trade. You can see the hold and hope factor is very high .36. In a practical world of trading no wonder the system has realism factor of only 67. Slippage is very high and growing, 167% annual return is dream in real life.
extreme-os
If you're serious about trading using a robust, rules based approach, this system is definitely worth considering. I've been a trader for a long time and I have my own methodology, but having followed extreme-os for some time revealed a few things that I have not noticed in the markets until I tried the system. While a lot of customers complain about bad or impossible fills due to volume/liquidity, the actual concept that underlies the system is very sound. My recommendation is to follow this system and pay attention not to "what" but to "how". If you just want to shadow extreme-os you'll do ok. But if you understand how it works and tie these principles into your own trading you'll do exceptionally well.
extreme-os
Beautiful system, but fill sare fantasy. Real world lost money autotrading in a strong month for the system. Look at the thin spreads of most trades and you'll see a little slippage on each side and the profit is gone.
extreme-os
I have subscribed to the system since 05/18/2006 and been auto-trading it from the beginning. So far, I am almost break-even after the slippage and commission/subion. Although the market has been tough for the last three months or so, this system, to my impression, performed better in a monkey market than in a clear upwards/downwards trend market because it is trying to catch the short-term bottom. Overall, I feel this system is just OK, definitely not as good as that shown in the equity curve.
extreme-os
After subscribing to this system for more than six months, I finally gave up. This strategy should work for vendor, but not for followers because of huge slippage. Look at the intraday chart, you will know what I mean.
extreme-os
Subscribed since beginning of April, down over 6%. I'm going to hang in for a few more weeks to see if it gets any better.
extreme-os
Tried it for a month. Break-even after slippage and commissions.
extreme-os
I think these are great entry points. I use the ATM. I dont care if I get 10 cents slippage because sometimes I get 10 cents the other way. Sometimes I will miss a trade and I end up buying at a lower price before a runup. . I dont trade the equities with extremely low volume because it is not realistic to be able to exit quickly. It seems that if you have some basic trading knowledge that you can use this system to your advantage. I am up 25% on margin since January 1.
extreme-os
Getting stated fills is impossible to achieve. I agree with the low Realism Factor. Count on 10-30 cents slippage on sell side of each position, slightly less on the buy side, so you have to adjust the results accordingly to get an accurate picture. I am now using Autotrader and still experience 20-30 cents slippage on fills on BOTH sides. Had a 50 cent slip this am! This changes the results dramatically. The record is ..... to be taken with a grain of salt. Finally decided to cancel, traded this for 3 months with autotrader and bottom line is I made no money.
extreme-os
After using this service for 2 months, I finally decide to unsubscribe it. Using above $80K for every trade is not something I can do all the time while the fills are usually hard to be completed. In addition, I realize gradually that capturing a falling knife is not a style that fits me well.
extreme-os
The slippage on this system averaged .066 per trade. The return per annum in real life trading is about 40%. Your fills will average about 75% of what's posted on C2. The 200% return shown does not consider that the trader has to have 5 times the amount in reserve. That being said, it's a system with very low drawdowns, and not many mutual funds will return this kind of percentage. Maybe C2 could readejust the math for these type systems to figure the % return based on total dollars one needs to use the system.