Frequently makes massive changes in strategy at the drop of a hat to make things more exciting. Common to lose money in both directions of the market. There is a reason why there are huge valleys in the equity curve, especially recently. It is because of a poor understanding of risk and volatility. Unreliable. If you feel like losing money at a rate of double that of the underlying asset, which itself already moves 3X as fast as the market, then this is the strategy for you. Unless you believe that this time they've learned their lesson.
WOW very good handling during market draw down !
I cant find an better stock trading strategy. (useless to search :)
Tanks to the Manager & C2 for this opportiunity to trade.
Great results - no question,
Stops moved repeatedly. 100 point plus drawdowns on ES Futures on more than one occasion.
Called European Stock Basket - but has only traded NQ and ES for months.
One day this strategy is going to get clobbered when the ES doesn't bounce. I believe people are professionals but risk management leaves something to be desired.
Performs decent in Bull trends. but in Bear trends, or choppy markets, this strategy is total trash (See September 2021 performance). SQQQ, or short trades have a horrible track record (manager also offers another strategy with only TQQQ, and no SQQQ). The drawdowns are very large, but not unusual compared to other top strategies on C2. Unfortunately, this strategy was at the #1 spot on C2 very recently, so it seems that this is close to the best C2 has to offer. Developing a trade algorithm is complicated, but SOME kind of "chop control" (even staying out) would have greatly helped in September 2021. But I am sure that change would possibly reduce profits elsewhere in the longer backtests. As the strategy description states, this is definitely a HIGH risk strategy. Stay away if you cannot accept a month like September 2021.
I really like this strategy, very low volatility while producing income against long spy with tactical selling of calls. Not sure how it would do in a prolonged down trending market, but it appears not to have lost much in the past 45 days which was trending down and choppy. Anyways one of my favorites I have looked at over the years on C2.
Same old story with Collective2.
Simulating a strategy for a few weeks or months....
and once you decide to go live with real money, it loses money big time, 27% in just 5 weeks... it sucks.
I don't understand holding onto 2 losing positions for months when they're only down maybe $2k total at one point. That money could have been used to make much more. So I quit. But I'm usually wrong about these things and I'm sure those 2 stocks are going to make me eat my words very soon.
This has been the top strategy on C2 (The Grid) for several months, probably with the most subscribers on C2.
If this is the best, then we are screwed...
I have only 1 month following this strategy and I certainly see that it is not optimum in a bear market. For bull market, it looks promising. Although I like Strategy Manager is always communicating and explaining algorithm adjustments.
1 day live trading for me and the "system"lost already 6.5% in what is supposed to its max draw down. Don't be fooled by the strategies name. MNQ is not what it is trading. It is NQ. You supposed to have 50k USD in your account to follow along. When first trade went wrong. Doubled the size. After the loss doubled again. Ended up trading 8 NQ futures. Needed several times more money in my account than the 50k. So even if this last trade ended up a winner (which it did not) you could not recover the losses already incurred because of the capital needed to follow along. Very bad capital management and strategy execution.
Would the last person exiting this train wreck please turn off the lights on the way out. Started in July this year, been bleeding money ever since. AI....not sure what that stands for, but certainly not artificial intelligence.
I don't care how good this strategy was in 2020. I would never recommend it to others.
It lost 24% in Sept.2021. And basically almost all those trades were on the wrong side.
The developper should just trade the opposite during choppy markets.
I guess no strategy is good forever and after a nice dance between TQQQ to SQQQ in the bull market, in current volatile markets, this strategy is very weak and keep loosing every trade. This strategy is based on taking long on the Nasdaq by buying TQQQ or short by buying SQQQ, however in the past few weeks the market keeps correcting after a very bullish period and somehow we keep going long on TQQQ. My thoughts till end of year, with all the uncertainties of the FED, I doubt it can go back up so I wouldn't bet my money here. It would be amazing if the AI could be flexible and correct itself during day trade but when it takes a decision to buy TQQQ, and the market goes down, IT WILL ONLY CHANGE POSITION AT END OF DAY! when AI checks the market at 22.59 before market close. Of course this leaves you helpless watching your position go down all day long. My recommendation is go for a strategy that is safer and check what it did in the last 2 months in choppy market. Good luck.
Nasdaq lost 1000 points in a short time and you're still heading towards Long '??? TQQQ,
The market is a BEAR market for the last two months and you're still constantly trying to take Long's direction.
In addition, in the last month you made at least 5 times buying or changing strategy in the first minute when the market open, all of them were wrong, please avoide this way.
You need to understand that you have a responsibility not only for your own money but also for the money of others, It is impossible for such a strategy to lose 26% in one month.
In the last 3 months this strategy made 24 trades, but only 4 of them were profitable.
That's a whopping 83% of lost trades. Also this months it reached a new DD of 25%.
The manager is very nice. I have plenty of doubts still though since it is quite young. I really appreciate that the strategy doesn’t short or use real leverage. I prefer a strategy that only buys to open and sells to close and uses leveraged and inverse ETFs to play both directions with leverage. The frequency of times SQQQ is purchased concerns me since I could see that potentially causing whipsaw when QQQ doesn’t behave as nicely.
