This strategy is not being maintained properly. Trades are open for too long. Losses are more and profitable trades are less. Trade manager seems not too serious about this plan
This is my account performance. Still negative after week 7 by 9.5K. Will update it every few weeks.
Still negative $9.5K after 7 weeks!
Week Ending C2 Profit Net Profit Loss
Week 1 1/13/2023 $2,067
Week 2 1/20/2023 $(1,635)
Week 3 1/27/2023 $(1,788)
Week 4 2/3/2023 $555 $(23,530)
Week 5 2/10/2023 $1,407 $(14,750)
Week 6 2/17/2023 $(657) $(9,816)
Week 7 2/24/2023 $(3,031) $(9,588)
The strategy is very bad. The manager does not respond to any queries. Lost more than 50% of capital in one month. He only posts the profit trades in telegram channel.
The SuperProfit momentum trading model has been a very consistent profit generator for me. Profit range on average daily from $400 to $1,200 using 200%. Draw downs of concern are few and the trader manages the risk very well. Fits my comfort level unlike others C2 traders that I have tried, Well worth the monthly fee. Bravo! You might want to consider signing up with this SuperProfit money machine. The stats and the equity curve graph show the results. Beautiful upward smooth equity curve. :-)
This is the worst ever strategy you could find. Drained over 57%(drawdown) of total account of 30K in within a month. All 5 of his strategies of this strategy manager are in heavy loss. He only shows success in his telegram channel (broadcast type) tricking the gullible subscribers to join
Very bad management. Doesn't manage stop loss & lost 40% of the account value on one trade. Keeps convincing the clientele that we need to wait & see results.
WORST trader. I lost 12k (40% loss) within 1 month of using this trader's strategy. Stay away from this trader. There are plenty of very good strategies on collective2. Research and follow good strategies. I learnt my mistake very hard by following a bad trader.
Doesn't appear to be managing stop losses very well. Losing lots of up and down swings while holding a position at big negative balance. Perhaps need to change to micro contracts until few profitable months so that averaging can be done. It us disheartening to sit in red even in 2nd month.
Aggressive contrarian trading style in daily futures contracts which is often profitable in the end BUT the strategies come with considerable large overnight or longer drawdowns. That was my experience. You must be considerably patient and control yourself during those nerve-racking spikes at times. Too much stress for me! If you are suited for the rock-n-roll trading gyrations, Trade Detector is eventually more often profitable and may be right for you. Good luck!
I had had high hopes for this strategy but have finally come to the realization after losing a great deal of money on many of these C2 strategies, that this concept just does not work and is very high risk. You do not know these people or their real intent or capability. I would have been better off losing money in this down market in a mutual fund.