I first came across Malik after watching a YouTube interview and decided to join the strategy a little over a month ago. As a full-time day trader, my edge has always been reading intraday price action, but swing trading and holding positions overnight were never my strength.
Since joining the WhiteLight strategy, it has helped me build much stronger conviction in holding trades for longer periods. On my first trade, I held the position for over seven days and made close to $3,000. The next two trades only lasted a day or two and resulted in small losses of about $300 to $400 each. On the fourth trade, I was up around $150, not bad in this choppy market.
I also appreciate that once alerts are sent, I execute the trades manually through my brokerage account, giving me full control over entries, position sizing, and risk management.
Risk management is one of the main reasons I chose this strategy. Winners are structured to be at least 2:1R, while losses are kept small and controlled, making it easier to stay disciplined and consistent. Malik has also been highly responsive to my questions, which adds significant value. Overall, I am very happy with the strategy and recommend it to traders seeking a structured, risk-focused approach to swing trading.
I initially thought this strategy was performing reasonably well. However, after reviewing the trades it executed, I noticed a pattern where it seemed to be buying and selling stocks at a loss. I wasn’t able to understand the rationale behind those decisions at the time. Unfortunately, this led to a loss of nearly $3,000 within about a week. Since I only have limited capital to work with, I decided to exit the strategy to protect my remaining funds.
Derrick promoted this strategy, asking his followers on TikTok to subscribe to it. He promised a promotional code, which fell through and didn't work. Then, not only did he change his strategy to Delta Signals Edg3 within a month, but he didn't tell his followers that he changed it. I found out because this strategy didn't align with what he talked about on his substack. When I reached out and told him that I already bought the Singals Edge3 that he told his followers to subscribe to, I didn't hear back. I also reached out to Collective2 hoping they could help, and again, heard nothing. This broke a lot of trust and raises a lot of red flags on his business model. I can't keep paying $149 plus another $49 for the platform every month, especially if I don't know if he'll keep changing his strategy and with the fact that this is already high risk trading. Unless he's willing to reach out to me to help rectify this, I will likely continue to write these kind of reviews because his followers should be aware.
I watched a YouTube video from this guy and felt pretty confident about the strategy, but I had no idea it would wipe out my $2K balance in just one month. I will still see how it performs for one more month, then will change it.
I realy do not know whast happend to the holfong on the 3 contract og gold mini on oct 7 and it print holding it for almost 3 months
please finish your research to see if it it was sold after 24 houres for profit as we discused erlier
i have 25000 ready on ninja by tommoro
Awesome Strat for 8-10k accounts, we are already up 120% for the year. Spreads usage mostly and limited drawdowns. R:R very high so definitely recommend starting this strategy ASAP.
Having penny and dollar stocks works in a bull market but any correction will significantly dent the returns of this strategy....maybe this strategy works if you significant drawback but definitely not when the market is at the highs
I reviewed this over a 5 month period and included all costs from IBKR and from C2.
The Hydra Options Spread strategy delivers exceptional returns that justify its $417/month cost (9x coverage). With a 63.62% return in just 5.3 months and a Sharpe ratio of 2.68, this is institutional-grade performance that significantly outperforms buy-and-hold strategies.
PROS
Strong Core Strategy: The system's use of volatility spreads and defined-risk positions demonstrates sophisticated options knowledge. A 63% win rate and 4-day average drawdown recovery show genuine edge, not luck.
Excellent Risk-Adjusted Returns: The Sharpe ratio of 2.68 is outstanding—you're getting well-compensated for the risk taken. The strategy maintains smart cash reserves (40-50%) and uses spreads to control exposure effectively.
Real, Verified Profits: After deducting $3,499 in total costs (C2 subscription + IBKR fees), you still net over $20,000 CAD. The strategy pays for itself and then some.
CONS
Short Track Record: Five months is insufficient to evaluate performance across different market regimes. What happens in a sustained bear market or low-volatility grind? We don't know yet. This stellar period could have benefited from favorable conditions.
High Cost Burden: At 15.7% of gross profits going to fees and subscriptions, you're paying premium prices. While currently justified by performance, any degradation in returns would make this cost structure problematic. Areduction in monthly fees would make this more manageable.
Rating Breakdown:
Returns: ????? (5/5) - Exceptional 144% annualized
Risk Management: ???? (4/5) - Good Sharpe, but concentration risk
Consistency: ???? (4/5) - 63% win rate, all months profitable
Cost Efficiency: ??? (3/5) - High 15.7% cost ratio, but covered
Track Record: ??? (3/5) - Only 5.3 months, needs more data
Overall: ???? (4.0/5.0)
This trader is very weak - I never seen such a disaster. He does not trade the chart - he trades his conviction. The chart shows that USD will turn around but he playsiver weeks the opposite (hoping for recovery), because he has heard USD will fall into hell. No, it does not work so.
He does not respect SL at all, look at drowndown of 40% within 2 monthd. Never ever a strategy from this trader.
BTW. he did it already in the past, after few very good months eventuelly blowed up the account.
BEWARE! Strategy manager publishes "Maximum allowed drawdown 10% per month" yet I am down over 20% so he doesn't actually do what he promises to mitigate your risk. He uses a Martingale-type strategy whereby he keeps "doubling down" (though I don't mean that literally with actual 2x although recently I did actually see roughly doubling of position size). This strategy keeps the win rate high but it comes at the price of potentially severe leverage and the possibility of massive losses which can wipe out an account. If he cannot be trusted to cut losses at his stated max drawdown, then just realize you can blow up your account. I'm currently in the middle of one of his deep drawdowns and hope for the best before I shut this down forever. Why can't there just be professional managers on this platform!?????