Excellent strategy! Very strong results. Trade times tend to be short (good!) and drawdowns are mild (better!). If you trade Futures, try this strategy!
Quick to take profits (small) and doesn’t practice risk management for losing trades. Keeps averaging and prays it comes back green. Look at the results. Don’t sign up.
Great trader but not so good at auto trading. Its interesting that the monthly performance on the personal trades listed on the traders website have never shown a down month but the auto traded version is down 3 months in a row
Keep touching break even every week. Hope this turns around. Holding overnight is treacherous. Almost guaranteed opposite of previous session daily at the top.
Another stratregy called "Forex Only" by same author here:
https://collective2.com/details/82004033
Last trade from 2013 yet performance updated as of Apr 2020. Weird.
Sharpe 0.30
Sortino 0.44
The big drop in March 2020 was completely avoidable. When the short ETF pair started to go out of sync due to increased volatility, the system leader apparently fell asleep at the wheel and never corrected the ratios. In addition, large positions in individual stocks were taken at a time of spiking volatility, betting on sharp recoveries that did not materialize. I would avoid this strategy like the plague.
Best strategy ever for those who intend to throw their life savings down the drain.
Probably best to focus on trade leaders who actually trade their own system.
Wow, hard to know to say really! Here is a trade leader with a superb track record built up over several years, who, after recently loosing most of subs still has the highest earning(by subs) system on the block and we watch him needlessly blow up the system taking many subs accounts with it, all for what? Some vain attempt to keep his win rate high??
Absolutely reckless and inconsiderate. But don't bother trying to contact him cos he never has any contact with his subs.
Such a waste really as he did generate some good signals and the system was a good money earner for several years but why no risk management!! There was a few $million lost here : (
Joined in September, and this strategy seemed to make money. It was making similar trades as another one, forex aggressive risk, december trade was risky and i lost a bit due to the interest, but as soon as the euraud trade went negative and losing i chickened out. Over the last half year i did retain some profit, but if i didnt chicken out i would have lost big.
If i was smart i would have did a reverse mean trade and then would have done well.
The problem with this strategy is the owner did not want any losing trades so kept everything until they recovered. What they should have done is to reverse the trade, ie change from sell to buy to recover.
Very well managed strategy; always keeps us informed whether on a weekly or as needed basis. Especially like how manager has made safe trades, made some money in a downturn. He is vested in the fund with own money and it shows.
I'm very pleased with this strategy. I initially thought I would be following via an auto trading account, but I was unable to set that up (ONLY my fault, not the author at all). However, as I followed the strategy and entered trades manually, I was able to see nice profits. I appreciate the use of leveraged ETFs and the brief time frames involved. The author is very good about communicating his/her thoughts and intentions to subscribers. I would recommend.
added 12% in the month market crashed. This IS what a hedge fund does. $4000 off $30000. Keep trading! I am sick i cant watch this during my work day! Thank you ETFCapital!