Total disaster. He destroyed everything he had gained in a coupe of days of uncontrolled trading. A total amateur! Stay away if he did not run away already
Not a bad strategy overall, through I tried to trade it within a registered retirement account (that doesn't allow to short positions) thus I stopped subscribing
It started really well for one month and then out of the blue he made a series of bad trades and disapeared, not responding any emails. So no trust at all.
(Ultra) low trading frequency asset allocation portfolio, holding several ETFs which each represents an asset class. I don't think this strategy will get subscribers on C2. First of all, (ultra) low frequecy trading, no trade singal, although the performace is fine, it cannot make appearance on Leader Board, then no one can find it. If they find it by any chance there is no past trading records people don't know what it is doing. Secondly a 50k portfolio charges you 1188 USD per year, that's 2.4% management fee. Speaking of the "management", it is referred to 2 or 3 times per year "rebanlance"... I can find this portfolio only because I am a fan of ARK ETF, and this is the only strategy which is holding one of the ARK ETFs on C2. ARK does the pick for this strategy as the exposure to stock market part of the portfolio, then you still pay to this manager 1188 USD per year because he "rebalance" the whole portfolio handfully a few times per year or not even doing anything... You must be very rich to make that decision. In contrast, there are quite a few similar more active asset allocation portfolio on c2 is running for free or less than 500 USD per year with competitive or even better performance. The fact is, in this covid-19 crazy market, nobody knows what is the best asset allocation "balance".
Just saw the message from the administrator who believes that his system is due for a crash of 35% or more(which to me says up to 100%) he has had a great run as many systems have in this bull market but seems to be getting cold feet. I’m honestly very nervous of the advent of losing what can be 50% or more of my hard earned money. He gave the warning now it’s on you. Good luck.