This guy could make so much money if he would get his head out of his a** and stop going in right before a big drop. He literally messaged us saying it was about to drop and then buys 30,000 worth of SVIX that drops almost 6k in 2 days lmao.
One of the best traders on C2. Stats are in the best category. It’s been very hard work to determine actual good profitable long term strategies since there are unfortunately so many crash and burn fakes on C2 who use martingale and add to loser baghold methods. But this trader is legitimately excellent and understands trading with trends very well. Has performed well over a year and focuses on consistent wins that are substantial in size. Not many tiny wins that eventually are wiped out when that big loss comes seem from other traders strategies. Leveraged ETF trading is highly recommended!
I signed up right before the market started turning south a few weeks ago. It did not take me long though to realize that his strategy is to “catch a falling knife”. But he does have a good track record when you look at the equity chart. I think it will work in the long run, if you don’t mind a few thousand dollars of drawdown. For me, it was too agonizing to watch, so I bailed.
***STAY AWAY***
One of the worst "strategies" I've ever used if you'd like to call it one. There was no strategy. Strategy leader had zero communication skills so don't be surprised to never have your questions answered. Lost thousands of dollars in a short amount of time. Has zero stop losses so be ready for your losses to accumulate day by day. I would highly suggest you skip any strategy he does, including this and Eliran Strategy and his others. He doesn't care about your money and will just use it to get your monthly fee to him. Not even sure how C2 even approved him. 0 stars.
I wouldn't recommend this strategy to anyone, despite the profits from January to Juli 2023.
The problem is that the trader doesn't take losses when it is necessary and possible.
For Example: On August 1st the trader opened a trade, but didn't take the small profit.
Instead the trader waited and let the trade run into a small loss, but still didnt' take the small loss.
Now, MORE THAN TWO WEEKS LATER were are STILL "invested" in those same bad trades of August 1st, still hoping that maybe there will be a turnaround because apparently this happened historically in the past. But instead now we at huge loss of about 9000$, just because the trader didn't accept a mistake and therefore didn't take a small loss when it was possible.
Forget the "managed downside risk" that you see in the strategy description. Fact is that there is a win-rate of almost 90%, meaning that you will have many small profits around 300$-500$, but also huge drawdons of about 9000$. To me this is reckless trading with very bad money & risk-management.
I disagree with the first two reviewers. Stay away from this strategy.
This guy is dangerous. He has no idea what a stop is when he is in and it is going against him. Yet he continues to put out these feel good emails telling you how good he is doing. I have seen nothing but losses that are out of control.
my humble suggestion is to keep some stop-loss when you are taking these shorts positions overnight. It's better to take small losses and move on. You can recover from small losses when the time is right.
In the past 2 months, you kept the shorts for way too long and have experienced significant drawdown. It's extremely painful for your subscribers and they won't be able to stomach the drawdown again. Just my humble suggestion. Remember again "smaller losses are better than huge drawdown"
I tried this one as an early adopter after success on NQ strategies with this manager, but ultimately decided this one isn't ready yet. I may revisit later, but the losses are too high on this one for now and they do not outweigh losses.
Strategy manager appears to just keep buying shorts as price increases hoping eventually market will come down. Works most times til it doesn't but when it doesn't, loses money big time. It appears strategy manager then, based on past history, shuts down strategy and recreates a new one under a new name while utilizing same technique until that one loses bunches of money as well all the while collecting monthly fees.
Tests your patience on days with failed breakouts, yes, but tested my patience overall because other algo strategies I deploy both on and off C2 are more consistent and have higher returns overall, even if they don't capture the big moves. Best for a smaller piece of a portfolio and not as the meat of a portfolio IMHO. Does make some great money in running markets if you're super patient and have an account that can take a lot of drawdown while waiting for a larger move.
This was my first month of subscription, received a shocker of ES trade that lost $18K.
However, strategy seems to be good as I am seeing multiple trades with consistent small gains. Looking forward for a faster recovery.
Yet to see the Profits from trading in this strategy.
Here is the performance by week. Total loss Until now 48%. Long way to go before getting to breakeven. They believe it is only a few months away but, with how it is going, it will take years to reach the promised profitability based on actual performance. They keep changing strategies which is showing some positive results in the last 5 weeks. Hoping they improve on this.
Here is the weekly profit from inception that I have tracked.
$2,067
$(1,635)
$(1,788)
$555
$1,407
$(657)
$(3,031)
$338
$133
$(17,004)
$1,201
$(1,045)
$(6,191)
$(1,542)
$-
$(4,240)
$(272)
$(2,186)
$(360)
$957
$582
$327
$721
$47
Pros: Easy to scale since the manager bases their position sizing on account size and you can do the same, has a great track record. Cons: Doesn't trade often & you need decent position sizing to account for the sub fee as a result.
So far superb. I have an eye on the developers other strategies as well, and am overall super impressed with most of them. I'm auto trading at 50% and I wish there was a way to pick which of the contracts to follow (one contract stays in longer).
I've been subbed for about 6 months, not every move is a winner, but I'm up 25%. With the right amount allocated, that's a profit given the sub fee and collective's fee. I may up my allocation into it, but I'm still shaky risking more money on it.
