The developer wrote that he wants to double the subscribtion price every two months. That would be OK if the portfolio would make very good profits. But after a poor performance in Feb+March 2019 that statement is just pure arrogance.
Terrible desperate trading record in the last 10 trades. I am still suffering from a $2000 trade loss in 10 days. What the hell just happened? The trader does not respond which is a very bad sign
So far so good. It underperforms a little (my results are a little less profitable than what C2 is showing). It's interesting to observe it as it is a strategy that is very willing to hold onto negative trades for a long time until they come back up to breakeven. But it works so far in its history. I joined at a good moment. I would not want to join right before a drawdown. I joined towards the end of a drawdown and caught the bounce back up. I've only been in it for a few months and wish C2 asked for reviews further out.
Highly recommend. Very slow and consistent strategy. Bear in mind with Margin requirements the returns are only going to be around 9% a year but if you are happy with 9% this is a good strategy for you
Very bad strategy. Massive Draw downs. I have lost $2000. Trader has not replied to a single question. I would highly avoid a strategy where the trader is not responsive as it means they are not thinking of the money you are losing
The strategy makes sense for the simple implementation. The max drawdowns are in line with the risk/return of the 3X use in the strategy. Ideally lees trading without hurting the overall outcome.
Good strategy but doesn’t work well under current market conditions. I held for a year but it’s time to try other strategies that are adapted for the current market.
I have been holding for a year. No gains but no major losses. The algorithm seems very well tuned for predictable markets but with the current environment most trades don’t win.
Amal is the antipathy of a 'cowboy' trader - his trading maturity is exemplified through, both his trading history, aswell as through his advice over messaging.
An honest, measured trader - what a refreshing change!
Bravo Amal
I am very pleased with the strategy. It is very easy to follow with trades issued every morning about 2 hours before open. I just manually follow the strategy. It has been very profitable so far. I am always concerned that every strategy will eventually revert to the mean of the market, but it appears to be worth a short using this one. I don't trade it at C2Broker since C2Broker requires 2 day settlement time. I find it better to trade at Interactive Brokers, TDAmeritrade, or Robinhood.
It worked really well when the market was going up. David was able to capitalize on one big market crash in Feb 2018. However, the continued market vol has been crushing this strategy. It seems David's system doesn't handle anything but bull markets yet.
Solid strategy. Long term. The strategy leader is approachable and can explain all the reasoning behind the trades. Make sure you scale your trades accordingly.