Totally agree with the reviewer below. The worst part is there was no communications whatsoever on the sudden change in the operation style. Very disappointed. The manager runs multiple strategies under this account so any new subscriber should proceed w caution.
This was a good strategy for a long time. I was a subscriber for more than a year. The returns were far from spectacular but the risk management was very good and losses were very limited. Last year it made 17% with very moderate drawdowns. Overall, a dependable, conservative strategy. And, suddenly, last night the guy got completely crazy, made a number of large transactions with huge losses, erasing practically all the profits from 2020. I feel cheated because I had come to trust this manager based on his previous performance and suddenly he turned into a reckless casino player. Think more than twice before you subscribe to this strategy.
This manager used to be good. But recently the trades are VERY OFF! I lost tons of money overnight.
Please think before investing in this manager again as it's more gaming all the stragies.
The results and data points speak for themselves. What I can add from a personal level is that of maybe six strategies which I evaluated fairly thoroughly, EVA from NQ Positional was the only strategy owner who answered my questions patiently, thoroughly, and quickly.
I'm two months in now and am very comfortable having a fair portion of my net worth tied up in NQ Positional.
Once you climb the hill, it's steep downhill. The trader changed theme to intraday during Nov and the problem is his algo trade or whatever is not suitable for intraday, but he insists it gave better backtest, but backtest must have been on close price, there no way you can backtest on intraday prices up and down. So his system basically kept losing out on StopLoss during all intraday trades because it doesnt know how to deal with intra volatility, Stopping out at little up and down, quite ridiculous. It would have been better if he kept original week swing system.
System started end of March which is about market bottom. Easier and more profitable solution would have been to buy an etf index. sso and qld would do it. Not sure what vendor will do when markets reverses.
it has good performance, but the only critique is that the frequency or lack thereof. trading 1-2 times a month is not looking for good trades in my opinion, it is a means of extracting more commission for the length of time.
problem with this is i could never match the strategy, because they trade real gold/oil and my account does not support that. because of this I really have to cancel it. otherwise I would like to continue although some downages it is pretty good as a futures strategy. some adjustment could be done that was
This trader used to be good. But he has certainly lost it now. He is singularly focused on one stock and is betting the farm on just stock. He lost over 80 % of the entire acct on one trade but he does not seem be learning from his mistake. Part of be believes that he has other accts where was doing just opposite ( or some kind of trade that was gaining while this trade was bleeding $100K each day ) and thats why he did not close the trade at a somewhat reasonable loss.
I may ignore a drawdown of 82%, what i can't ignore is that he is still doing the exactly same thing.
A Long Only doesn't sound versatile. Does great when markets rise...high tide lifts all boats, Broad Sell off would not be pretty, all positions would go red. There does not appear to be plan B.
Nous avons eu un beau marché haussier et le système en a profité au maximun de ses capacités. Le mois de décembre s’annonce baissier et j’ai confiance que le système s’adapte à un marché baissier.
In the 3 months since starting this strategy, my account is up 40%.
In that time it's hit on short positions, missed on some long positions, but won really big on 2 huge rallies of the NASDAQ, so when it really counts the strategy hasn't been wrong yet.
The strategy manager does communicate with subscribers often enough when the market was volatile, but the performance history speaks for itself.