Looks like a decent low vol strategy. However I experienced a long string of losses as soon as I joined. Also some positions were left "hanging" with 1 or 2 shares, suggesting that a human wasn't in the loop. When I tried to start a dialog, the strategy owner didn't respond. Fair enough though, investors don't necessarily need to be hand-held.
The system is a consistent, disciplined, trend following system with very good returns. The system is low risk while still acquiring growth stocks with high potential returns. Danny is a gifted trader!
The system is a consistent, disciplined, trend following system with very good returns. The system is low risk while still acquiring growth stocks with high potential returns. Danny is a gifted trader!
I have been subscribed to Seek Alpha for a little over one month. Very happy with it so far! Great returns. He gets us into some very advantageous trades on reverse mergers, stocks that take off for various reasons. I could never find these trades on my own. The developer is very responsive and helped me get scaling correct (note: you need a margin acct with options permission, and others) - If you trade with less than the 100% scaling size portfolio and those permissions you are likely to miss a lot of his trades. It has performed very well - over 12% in a single month ; -)
They blew half my account in a few months by scaling into losing trades that are going against the trend. Sometimes the trend breaks and you get a profit, but when it doesn't, the losses are steep and painful, and likely to generate margin calls. I don't know why this style of trading is so popular among FX traders on C2, but it rarely ends well.
performance speaks for it self. 100% TOS. pretty high drawdown from time to time, but it has long track record on c2, so I was comfortable with the high volatility. I mean how many TOS strategy on c2 turned 100k into almost 2million in 4.5 years. Positions can get really complicated at times so i would recommend autotrade, but you get small slippage issue sometimes.
I have such mixed feelings about this strategy after being subbed for a while, including the huge draw down.
1. I like that most of his trades becomes winners eventually. That the strategy manager does not panic, and sticks to his plan.
2. But 100% of trades are pretty much immediately red for weeks, or months. It's actually hilarious how good of an immediate inverse indicator this strategy is. If C2 added an inverse position option, with a take profit ability this could be a very interested strategy.
Good risk management. Scalping algo. Picks its spots and mostly (90%+) in cash mitigating risk. A really great strategy to add onto another strategy (volatility, trend etc)
Stay away at all costs. Trader has lost all his senses as you can see. No rationale behind and no communication from him at all. Another trader that comes to rip money from subscribers.