I have been looking at systems on C2 for the past 5 years. This is the best system I have came across bar none in that time. System is TOS and trader is responsive to his subscribers. This system and its sister have both spent time in the #1 spot on C2. Excellent
No stop losses in place, which ended up costing me close to $30K. Make sure you put in a stop/loss to prevent this from happening to you. His specific model is not to use stop/loss. I can say this is reckless when using a customers funds. When I signed up, I was led to believe that these are experienced traders and that my portfolio would be diversified. That definitely was not the case. Basically 95% of the funds were invested in one stock which dropped approx. 25- 30%. After being reassured that it would recovery, I let it continue. At one point I even received an email saying that it was going to rebound over 20%... it hasn't. Waiting for a recovery in a single stock can take a very long time. I've decided to cut my losses and move on. You're better off trading on your own.
This strategy is good. I've been using it for months. The returns are good. This is not day trading alerts like other services. You can set the capital you're comfortable paying. Don't risk 100% of the money. There are a couple of negative months. That was due to the volatility of the market. I don't blame the AI for it. I understand it as it's the nature of algorithm. Tony did such a good job as communicating during those volatile periods. You don't have to worry. The algo is modified and improved as time goes. For those who joined during the negative month and had to leave. I'm sorry that you joined at a bad time. I've been in this for a few months. I think it's ok as long as you know what you're doing. Just don't expect it as a free ride.
the strategy has really done well during long bull runs of the market, volatility when going short with SQQQ has had mixed success but the big money maker when the strategy goes long TQQQ for extended periods has been amazing
Well, I joined in July 2021 after reviewing the system's performance over 6 months but as soon as I joined as I saw, system buys at all time high and sells at all time's day's low. To try the system I just invested 15-20% of the main $70k account, but still the loss is big. I firmly think manual intervention is required and not sure if that is being done. Past 2 months, experience is not that good. I hope manager of the system improves it.
Seems to be struggling lately, either with the current market conditions or the huge influx of subscribers. Great communication from the strategy leader, good risk management, worth waiting for it to begin its winning ways.
This strategy seems just great - based on 1 month sub and the historical record.
Could it (also) be offered as a Futures strategy, trading the MNQ contracts? That would help for trading in taxable accounts: instead of the huge profits being taxed at short term rates, they would be taxed at the lower blended rates (in US)
In my opinion, there are other, better strategies out there. My portfolio has gained 11.88% since inception in Feb. This is before management and Collective2 fees, but after trading fees. Instead of getting into this portfolio, had I put my money into a beoad-based 3x ETF such as UDOW (+33.45%), TQQQ (+24.53%),, or SPXL (+38.32%), the returns would have been much higher, and without having to pay for the extra fees. In orher words, I’m paying for the oportunity to make less money than I would have otherwise. I’ll let you, the reader, decide how to interpret my review.
The key in this strategy is the risk management. Cut losses soon is key here. Most of the short positions do not look profitable but time will come to profit in a bear market.
These should have more FYI for "beginners" like me. There's a bunch of hoops to go through using Interactive Brokers. They don't allow inexperienced people like me to trade any "Complex Leveraged Products" which TQQQ is. So I wasn't able to get permission to actually trade those.
So glad I didn't pay for the "auto trade" $49/month to Collective2, because those auto trades would never go through because IBKR don't allow novices like me to trade these products.
I'm sure the strategy is fine (I didn't get to experience it) but there should have more warning signs that this is not necessarily for the average Joe that is getting into the "Auto trade" space.
Anyway, thanks for everything. Hope everyone has a good time with this. I'll return to a strategy one of these days.
I trade only one C2 strategy after trying dozens on collective2. This strategy is profitable with a proven track record to trade both directions of the market. Highly recommend if you're considering.
https://www.breakingequity.com/?r=jRl7n
It look likke A grate stratgy but tehn went of the rells The lader had stops in the past now, he is just adding.
Also seems like he chnaged the way of trading holding 3 postins in the ES with no hadges in the past he would hadge.
