The fatal flaw of this strategy is the lack of risk management. The trade leader tends to let losers run. It's possible this is just a tough market for this trader's system. That's possible. However, recent stats show a much more erratic trading style, with increasing loss sizes that are more frequent.
I'd also like to note that the system seems to be very oriented to counter-trend trading. I've watched entries to go short on massive bull spikes and visa versa. I'm not going to criticize the trader for that approach. I just want to note that observation for others considering the system who might not be comfortable with counter-trend systems.
I'd like to reconsider this after a few more months to see if trader has worked out some of their risk management issues and if a change in market conditions more positively impacts results. For now, I'm no longer going to trade this, cutting my subscription short after seeing the trader continue to stumble in managing losses.
This system is very easy to follow, and the track record speaks for itself. The developer is disciplined and communicates well. Unlike a lot of systems on C2, you can easily follow this one manually without having to watch the markets intraday.
performance was negative 75% of the time. After more than 6 months of negative trading I finally go the account to nearly breakeven and closed the trading and positions. Only lost $50, so I view that as a big lesson learned.
Well first of all ALL the strategy's of this trader are VERY Correlated also he says there not. 15 Novmeber SPX is 26.54% and this strategy is 27%. so why should I pay fees for this trader when he dosnt really win the SPX?
Stay AWAY
This is the description:
This particular strategy focuses on providing European exposure for your portfolio and will tend to invest into the DAX in Germany, the FTSE in the UK, and the CAC in France. Very occasionally this strategy may veer from solely European exposure if an opportunity presents itself in the global markets, but the main focus will always be European.
Now I didnt see any European future for over 4 months, what A charlatan I also see that so many bad reviews
I have been subscribed to this strategy for almost the entire year and allowing it to trade live on my real money. So far it over the entire course of trading (nearly a year) the account has been in the negative for most of the trading weeks/months and has only recently finally come back to break even in the last few days.
The live trading does not match the simulated testing shown on C2. Something doesn't add up. Beware.
This guy has single handedly turned my life around. I came t collective2 about a month ago being down about $150k my first ever year trading and knowing the problem was me. I panic sell and do everything else wrong so this site seemed like the way to take me out of the mix and i have had incredible success especially since signing up with Dude here. I'm up about $80,000.00 in THE LAST MONTH. It's close to 100%. That's half my losses in less than 30 days. I know this might be a fluke but look at his track record. This guy is legit. These guys know what they're doing and this guy is unbelievable.
I am really happy with the performance of this strategy. I've been trading for over ten years and it's really nice to find something like this. I just park money in the account and it grows.
Yes, some months are better than others, but that's the way it is. Overall it's way ahead of any other passive investment. I'll be sticking with this strategy for the foreseeable future.
Tried for a month on a live account, It recovered well from the dip and put me in positive once market turned bullish. Very good strategy when it was offered at no cost, with new monthly cost, It might need some thoughts given since there are lots of other great strategies available at better monthly subscription rate and better past performance.
In early September the Nasdaq reached 15400 and fell 1000 points, now it happens again when the Nasdaq reaches 15400, please do not repeat the same mistake again.