Recent developments made me stop this strategy. The scaling was different on my account, and the max draw down was over 10%. Also keep in mind that the "all time change" is not a real number, you have to deduct transaction costs and the costs to follow this strategy. All in all for me not a profitable strategy as a follower
Not getting results showed by C2. The position sizing seems to be critical to mirror 100% as the strategy seems to change in approach week to week, entering and exiting various size positions in sequence. So, it's challenging to figure out how to mirror w/ partial positioning. Even at currently 2/3, I'm not able to duplicate the results.
Not for the faint of heart, unless you don't watch.,
That being said, from what I see, they have a valid strategy and seem to execute with strict discipline. It is the only strategy I am deploying currently....
This manager totally lost it today. Usually does 1 and 3 lots resulting in small losses or gains. All of the sudden, lost discipline and started firing off 10 lots of mnq and then a 3 lot of nq resulting in over 4000. of losses in less than 2 hours. Don't touch this.
Bad trader. Amazon has huge beat. Market and qqq are green bullish. Tries to short multiple times with overleveraging. No tight stops in place. Huge loss. Already lost c2 star certificate. Avoid.
Unfortunately terrible performance. It goes down every month from the time I start the subscription. Over 50% loss within two months while other managers profit greatly. It is not recommended based on my experience.
Great trader. I prefer escalper only version. Within 2 weeks recovered back gains. Many trades are day trades that win and drawdown is minimal , but the few daytrades that end up as swings with more drawdown almost always win. Trade accuracy is phenomenal and is very important to be profitable long term. Don’t listen to negative reviews, this system is definitely one of the best on C2, and I see long term success with it. It does use stop losses, but you need to stick it through, it’s almost 100% win rate but there are very few losers.
What an absolute joke! "Catastrophic failure" after "catastrophic failure". This guy has no business managing money, I suppose that's why he's here on C2 and not somewhere more serious. Look carefully at the logs and the epic drawdown you have to go through. Just learn a simple scalping strategy and you can do a lot better than this with the amount of money while keeping your hair color and sanity! It's scary having this guy control your account if you value money at all.
I think this guy is an algo trader because he has no trading skill otherwise. Wins averaging $250 with drawdown $2000+ and max losses 5 figures.... Yep, this system will go into $20k+ drawdown to try to make $500. There are a million better ways to make a buck. Absolutely unreal. Another new system down the C2 drain.
The trader once lost his C2 star status than go wild and crazy against all rules and risk control trying to recover in one day thus resulting 50% equity drown down.
Without rule and stop, it's just gambling! Stay away from this kind of toxic trading!