I received a review request today, around the time of my 1 month strategy renewal. I don't know if the request comes from C2 itself or from the strategy author. Anyway, here is my review. The strategy author has chosen stocks that are sensitive to overall movements in the market, as well as just being good stock picks individually. I can also confirm that this strategy works well in an IRA, even though it is not advertised as IRA compatible. As each round of positions is closed, the strategy author leaves most of the cash in the account. Over time, this means the strategy becomes less sensitive to market upswings and downswings, so if you want to continue to risk more capital in order to maintain the higher returns from early in the strategy's life, you must scale the strategy upwards. Personally, I hope that the strategy author decides to notify subscribers and start an Infinity 2021 version, or if not, I hope that the author does not mind if I keep scaling the 2020 version higher. (For example, if the author eventually abandons the strategy, I would appreciate notification well in advance since I autotrade the positions at a fairly high scale.) Even if the market experiences extreme turbulence in the future, which would cause a similar strategy launched in 2021 to experience a lot of ups and downs, it is my belief that this kind of strategy can form a strong component of an appropriately hedged multi-strategy portfolio Since I am using an IRA, I must hedge using futures and options rather than the stock shorts this strategy sometimes uses. Therefore, I hope the strategy author continues this type of almost totally long stock portfolio well into the future so that I can subscribe to it as one part of my overall portfolio. Thank you to the author, LeonardoFranci_Nexit, for offering this strategy to the community, and thanks to Matthew Klein and the team at C2 for creating this website where the community can exchange mutually beneficial ideas.
The performance speaks for itself - the trader lost >20% in one single trade and >50% of account in what was like 3 trades. I can only suspect that he does not know what risk management is. Traders do get unlucky but this one was actively piling into a losing trade instead of cutting at a loss and move on. Suggest everyone to AVOID
Like the name says it's a "buy high, sell higher" momentum strategy which works great in a bull market. In a sideways or down trending market my positions with this strategy get hammered. System will take new positions in already red-hot overbought stocks and not take advantage of pullbacks. However I have had some occasional grand slam winners with this strategy and the admin communication is fantastic, so sticking with it for the time being.
The system has basically been flat for the last 8 months, despite it being a bull market during that time. No communication from the trade leader during that time.
VERY HIGH RISK- THE MANAGER DOES NOT MANAGE RISK- STRATEGY IS TERRIBLE- MASSIVE DRAWDOWN - VERY DISAPPOINTED- GAME OVER -STAY AWAY - I WOULD AVOID THIS STRATEGY LIKE THE PLAGUE/COVID-19.
I joined C2 last November, and I was cautious jumping into this auto trading and especially with AI TQQQ. I am impressed with the trader's Algorithm as I have tracked the same TQQQ using traditional momentum trade signals. AI TQQQ has been right more then he has been wrong, especially during the choppy trades. I have scaled 10% upto 100% as my confidence has grown with his trading algo.
Excellence performance since launch day. Great return for me since subscription. From performance perspective it is definitely a 5-star. Don't know much about its algorithm, cannot speak on that topic.
I would recommend anyone to take a real hard look at the performance of this so called "trader" SPXTrader Futures ( 132519119 ) and think hard if you want to lose money. SPXtrader started well, December was up 20%+ until the very last day, when SPX did a trade, and LOST most of his December performance, in one single trade. January was no different. SPX did again +20%. However, this time, he did not stop at losing his performance for the month. He kept on adding to his short, betting the house that ES minis will drop, while the entire market was rallying. He closed some of this position at a BIG LOSS. Instead of taking a few days off and re-evaluate, SPX was back at shorting and lost even more money. Result? Entire total performance is minus 60%. Yes, out of $60,000 recommended money, that is $36,000 LOSS. It can happen that one does a bad trade, but the above described behaviour is a clear sign that he does not define risk and does not stick to a risk management system.
It is clear that he is a gambler.
Avoid gamblers!!!
To put things into perspective:My cost to subscribe on SPXTrader Futures ( 132519119 ) was mid-3 figures (to be exact it was $440 per month). In the last 2 months SPXTrader Futures ( 132519119 ) has made not even low 4 figures profits. My losses to date with SPXTrader Futures ( 132519119 ) was in the high 5 figures. You can do the math and decide whether SPXTrader Futures ( 132519119 ) is a good trader.
Conclusion: AVOID SPXTrader Futures ( 132519119 )
PS. I am sure he will re-sign up on C2 given he has lost so much money to people
I have been trading this strategy for about half the time it's been on C2, after following it closely for about a month prior. I interacted with the Strategy leader before getting on and he has been EXCELLENT in his communications and transparent about his trading. He is a meticulous analyst and trades with practical caution, leading to a healthy month-on-month ROI with less dramatic drawdowns. A very stable strategy for those that want to see their accounts grow steadily with no unpleasant surprises.
Hoping the leader continues his strong and steady returns over a long period, benefitting a lot of C2 subscribers in the process!
Ive been very impressed with this strategy so far, I am also a trader. The strategy continued to trade through the recent minor pull back in the SP500 and although going down slightly for a few days a full recovery has been made and off to new highs for my account. highly recommended
It feels like he is not using SLs. Had a great December, just to loose it all in the final day. Did another 26% in January, just to loose it quasi all on the final day of the month. What is going? This used to be a good strategy, but the guy is over-leveraging / using too many contracts and not cutting early enough.