Thus far this has been a good strategy. I joined up at the right time after a pretty large loss, and within a few days the strategy has bounced back. The strategy manager seems to be communicative. I watched for a few months before joining and I liked how the manager would make daily moves and close them out with $300-$1000 in profit. That methodical trading was the reason I signed up.
Can't argue with the historical track record and statistics, so maybe it was bad timing on my part, but this strategy hit a serious losing streak in the middle of February.
Worst Strategy Manager. He bet and place orders more than the capital required and when inquire about this in Instagram post, he said that he will block me if I post any of this situation and asked me to keep adding more capital for every draw down. He already created several strategies that ended with 100% drawdown and he keeps creating new strategies with new name. He just lives off of your subscription fee. Subscribe to this strategy if you want to see your hard earned money vanishing in few days. Run away from this.
Overall, the strategy is good, but the drawdowns also high, due to that profits are erasing fast, if the strategy owner think about it and implement the stoploss approach, this will be going to be best strategy for Futures, No doubt as per my analysis. Definitely I will return back after watching the strategy performance for few more months. Am not in loss after subscribing to this strategy.
I subscribe to several C2 systems and this is the one I have the most confidence in. It is expensive, but well worth it. The strategy manager communicates well -- both in private messages and periodic subscriber announcements. Highly recommended.
One of the worst traders I've followed on Collective2.
Even one star rating is too much.
Risk and Money-management are non-existant.
Once the strategy has a DD, the trader just adds more positions...
DD is at 48% now with one single trade, equals to 50K loss.
Don't believe what the first reviewer wrote, just look at the chart.
It's nuts to incrase the scaling to 200% with strategy
I would rate -ve if there is an option. Please stay away from all RC trades. They are not a professional traders at all (they claim that they are). They always go against the trend thinking that they are the market drivers and burnt 70% of my capital. He comes back asks us to add some capital by telling that mistake that he did, it will not repeat. Just one or two days later, it repeats again. This shows his trading skills are poor than a novice trader. There is no stop-loss for any trade he takes. The successful trades are like $11, $50, $60.. may be a one in $$$ followed by a loss in $$$$, this one trade eats up all your again + capital. Waste of time, he is making fools that he is creating a second source of income for everyone but he is using our money to practice his trading skills. Better stay away!
Trader is very responsive and knowledgeable. Communicates with subscribers often and gives updates on positions, profit targets and trade reasoning. Profitable trader.
Trader does not use stop losses. This is inherently dangerous, much more with oil futures. He just hopes for the best. When inquired, he does not response. I would stay away clearly.
SUBSCRIBE IF YOU WANT TO WATCH YOUR HARD EARNED MONEY VANISH QUICKLY. WHILE IT IS UNDERSTOOD THAT MARKET WILL ALWAYS NOT WORK AS PER ONE'S EXPECTATION, THIS STRATEGY HAS THE WORST MANAGEMENT, DOES NOT HAVE STOP-LOSS STRATEGY AND OR SENSE OF MARKET TREND. PROFITS ARE MINIMAL WHILE LOSSES ARE EXTREMELY HUGE.
THEY LURED PEOPLE IN BY SELECTIVELY SHOWING PROFITS IN TELEGRAM GROUP WHILE ACTUAL STRATEGY IS ALWAYS IN LOSSES. STAY AS FAR AWAY AS I CAN.
I would rate 0 Star if there was an option,
Doesn't appear to be managing stop losses very well and not paying enough attention. Losing lots of trades in march (-10%) while holding a position at big negative balance (-$5000). Started making profits initially but lost everything in less than a week. Look at the performance by yourself. The recent losses shows that this strategy is not working anymore and heading towards wiping out all the gains it had in Jan and Feb. The strategy manager appears to be taking trades against the trend instead of riding along the trend. That itself a recipe for disaster.
He also burnt the money on two of his futures strategies (RC 103 and RC104) and advised his subscribers to subscribe to this Forex strategy to recover losses. See for yourself how he will recover. Instead of recovering he will burn your additional capital money for this strategy as well. Run, Run, Run away from this.
This is my account performance. Will update it every few weeks.
Negative -$ 732, plus -$ 400 subscription fees paid. Total loss: - $ 1132
Week Ending C2 Profit Net Profit Loss
Week 1 2/11/2023 $1,776
Week 2 2/18/2023 $2,446.47
Week 3 2/25/2023 $1,572
Week 4 3/4/2023 $2,534
Week 5 3/11/2023 $1,263
Week 6 3/9/2023 $(732)
Horrible ridiculous trading skills.!!
The manager is very careless with his trades. He has been making decisions based on his sentiments and not on charts or trends. He shorts futures on small accounts and doesn't bother closing it if the trade is not going in the right direction. I have had 2 instances when IBKR closed shorts in my account because of margin requirements because he let the trade go too long!!! Requirement was 30k to start but his bets required much bigger capital. I have chosen to walk away from this after seeing multiple bad trades for 2 months and loosing 13k of my hard earned money. Please don't blindly sign up with this strategy. This guys doesn't know what he is doing!!!!
PLEASE DO NOT SUBSCRIBE!!!! HORRIBLE HORRIBLE MANAGEMENT. ALL HIS STRATEGIES ARE SUFFERING HEAVY LOSSES. Account is 50% negative in less than two months. His positive trades have very minor profits and negative trades have HUGE HUGE losses. All members are frustrated with his strategy over the last year in C2 and in the private telegram channel where he only shares trades with profits and hides the trades with losses. PLEASE DO NOT BE FOOLED BY HIS MESSAGES IN TELEGRAM CHANNEL. HE AND HIS TEAM KEEP TRICKING GULLIBLE SUBSCRIBERS TO JOIN.
Pls DONT subscribe! Members lost all their $$ as these guys don’t know to trade & make empty promises. They do not have or respect stop loss. Check their trades.
Don’t even think of signing up. The loss just keeps on mounting. They keep on sending one way messages they expect it to reverse course So moronic to let a position spiral into thousands of loss and then expect to reverse course. He takes $30,$70 profits and closes and on other side he does not close till it has ran course into thousands of $$’s. Even kids trade better!!! All the members are frustrated with their trading for the last one year with C2 & outside of C2!! RUN with your money
I personally believe this guy doesn't have a strategy, he was riding the wave, doing blind day-trading like I did (amateur) and lost money. I suffered losses due to the strategy operator's laziness as he was relying on auto-pilot in this volatile market. His results speak for themselves. He was buying at peaks and selling at bottoms, compare his position entries to TESLA chart, you will see yourself. Keep your money with you and don't let a lazy person burn your money for $80 per month + C2 monthly fees, you can burn it yourself better and you can let it out :)
This is my first Strategy even on this platform and I already lost $900 in one month. Mostly orders are buying at higher price and selling at lower price with Auto trade in this strategy.
Planning to switch to other one soon.
Thanks!