Strategy is very good and Ernie is very responsive with all queries and clarifications. The only unfortunate thing is that US ETFs are not supported from Europe. Apart from that everything is good. Consistent profits and strict stop losses. Didn't observe many losses so far in my experience
The win rate for the strategy is high because it uses Martingale. The strategy doesn’t use stop loss and can blow up an account. It’s only a question of when if you have a small account.
In my more than 15 years on C2, I’ve seen many solid strategies, but options-based strategies- especially those using vertical spreads - often follow the same pattern: long winning streaks followed by infrequent but much larger losses. I initially thought this strategy might be different given the developer’s knowledge, discipline, and well planning, but in the end it feels like déjà vu, similar outcome to other options strategies I’ve seen on C2
It's always nice to collect the premium from a credit spread but they are not without great risk. They are directional so if strategy gets the direction wrong then it can go very wrong because of the number of contracts used. Strategy description says risk is capped but doesn't say to what percentage or amount. Doesn't seem to have a limit
This strategy makes best of use of volatility by predicting which direction it will go next really well. Though all their predictions don't end up right, their gains offset the minor losses from wrong predictions. In my belief, predictive strategies will always outperform reactive strategies, so i am quite interested in this! As a strategy manager myself, quite impressed with the work they have done.
Initially the strategy was good. Later on I guess the manager took a break and didn't anything for almost a year and mails which were sent daily became weekly and later once in a fortnight.
Never given 5 stars before but this system deserves it.
The higher subscription cost is a big increase but returns to date have been outstanding and warrant the extra expenditure.
Stay away from it. He will blow the account sooner or later. No risk control at all, he just hopes for the run to continue forever. No logic in his entries or exits, so no strategy at all in reality.
Strategy direction seems perfect. I subscribed since mid Nov 2025. Price increased from 185 USD/month to 495 USD/month. Such a massive price rise is not justified. It is noted that stop loss is placed at the opening of market and it hits/executed most of the time and booked the loss. but after one hour it reversed and price goes up. If stop loss order placed after 1 hour of market open then profit erosion can be prevented.
Good strategy manager with a systematic approach, and taking measured risk. The recent silver trade wasn't worth the risk/reward and I would never take it personally, but I'm comfortable with the resulting drawdown from a few bad trades as I trust overwhelming majority will be good ones long term. The only downside is the deficiencies of the collective2 system with respect to option strategies, and the inability to deal with even simple spreads. The strategy is actually more profitable if executed as proper spreads like the strategy manager intended, Size the account at least at minimum, or even higher - as collective2 systems typically end up putting in short leg of the spread first (at least on some part of the order) and create unnecessary margin errors. The strategy itself never uses more than a few thousand dollars of margin, but even a 35k account struggles with margin warnings due to the deficient collective2 order system for option spreads - which they seem not willing to improve (there are >10 year old threads in the forum complaining about this with no apparent progress!)
It seem like a good strategy but very expensive so it eats up most of the profit. I'm still unprofitable due to the timing of when I activated and went live plus the strategy fee. I am currently looking for a more affordable strategy so I can be profitable.
Strategy is very easy to follow. No need to sign up for AutoTrader. Just set up a separate email account just for this strategy and enable audible alert. You will have sufficient time to make the trade close to the authors traded price. Usually holds four or five ETFs at one time
I give a neutral of 3 stars rating here.
The strategy tries to get close to a 100% winning rate (which is not always good), with small profits around 25$ for each trade. The problem ist that suddenkly you can have a 1000$ or more drawdown in your account, because the trader doesn't take losses when necessary. Maybe it can keep it up for a longer time with many small profits, but at one point there will be a even bigger drawdown, that will destroy all the small profits of the last few weeks/months
Maybe if the signal provider will have a TOS-Badge in the future, I might change my mind.
One other thing I don't like is that in many weeks the signal provider never answered to any questions
The manager is doing an excellent job managing positions with minimal risk, which reflects a strong and disciplined systemic approach. The maximum leverage has always been less than 1, which indicates good risk management. There is no overtrading as well, and with an average trade duration of 100+ days, the strategy simply allows the holdings to compound. The strategy owner is responsive to questions and sends out updates about once a week. Ideal for passive investors.
The strategy is doing well so far. New subscription fee is relatively high not favorable to small capital. However, I am appreciated of the profitable strategy.
deja vu deja vu
fool me once shame on you, fool me twice shame on me
i joined auto trade of Michael's strategy twice. one about couple years ago and second this time.
for once i thought he had oversome his weakness on letting go the STOPs, but again and again just like deer starred at the headlights and freezed. Wiping out triple digits gain on the same YEN trade.
if Michael can't decipline his hard STOPs, it will be a loop that he can never get out of it in his trading life cycles like Mr. Livermore
i am done hoping for that.
ps. i am still on the sub is because he won't refund me the prepaid fees
I think the algo is good but unfortunately folks from Europe cannot trade Tqqq , hence I paid the subscription without doing anything.
I tried to trade similar tqqq in LSE but there it was difficult to do the manual trades . The notifications come at the last minute of Market closing and by next day there is some considerable price variance. Appreciate if the strategy caters to non US audience as well.
The price is slightly higher and cud be reduced .
Appreciate if the strategy manager also communicates frequently to keep the subscribers apprised of the orders