Even after the big hit we took in May, I plan on owning this strategy for years to come. Just look @ how well it did over the last 12 months. He handled the bump in April quite well. The owner makes it well clear this is a volatile strategy & you need to be prepared for some ups & downs. If you have a few years left before retirement, definitely consider investing a small portion of your portfolio in this strategy.
I have no idea why I allowed myself to get caught up in subscribing to this one. Its performance is pure luck. It simply sells naked out-of-the-money UVXY calls and let's them expire. During the spike of 2014, I would've lost up to 4x my account value, depending upon when my position was closed by the broker. There is no hedge against that risk whatsoever; therefore, its performance numbers look great. This is why there is no free preview to allow you time to realize what you did.
Clear disclosure of risk given excessive returns.
Would like to see it back tested further to understand performance pre 07. Would like to understand risk per trade better, where the actual stop is etc because black swan event could wipe out completely. Remember can always get back into trade. Otherwise good let's make some moolah!!!
This is a very good, consistent, conservative VIX trading system. Good #'s this year so far, low DD.
At $99.00 , this would be a 4* review. At this time it is free, thus, it deserves 5* in my opinion. Excellent "value". Especially after it handled the recent mid-May XIV pullback. I hope this strategy continues to do well & the creator is able to get paid for his/her hard work. I plan on keeping it even when they start charging, as I like the idea of having several VIX strategies in my portfolio.
Recently the trades are based on "cut the profits short, let the losses run and add to the losing trades" principle, which should be the opposite, in my opinion. You can see this from constantly decreasing profit factor. And I strongly believe the trades are not based on events as the vendor suggests. This is just another system started strongly but continues to perform poorly. Be careful with the risks involved (too many trades and therefore too many exposure, adding to losing trades, cutting the profits short etc.).
I personally don't like his trading style. I prefer traders that trade in a limited number of securities; I believe he trades in way too many markets. I am letting my subscription lapse and wish him the best.
I don't think the owner gives himself enough credit. He constantly warns of potential losses someday and reiterates this is a "long-term" strategy, but then turns what could've ( should've ) been an April loss into a 29% gain? At $99 a month, this is still a bargain. I plan on having this strategy be part of my portfolio indefinitely. They say the "big drop" will happen again someday in the VIX, but if you've been lucky enough to own this strategy since the beginning of the year, you are already $ ahead in my opinion, your investment has doubled. This guy KNOWS what he's doing.
Seems a robust volatility strategy, backtested from 2004 so we can see the satisfactory behavior during 2008 crisis. 4 stars only because of an abnormal trade which caused a bigger loss than expected recently and because there is no progressive position entry or output.
Careful with this one - it is volatile. Wide intraday swings as this is an "all in" system utilizing most all the strategies capital using 3x ETF leverage. Scale down early rather than later.
Seems like a good system and CJ has a professional attitude towards his work and provides good information on market conditions affecting the system. The recent drawdown of 25% has spooked some customers, but it's typical os volatility systems doing over 70% yearly.
Hello, I think I was extremely unlucky with my timing! When I became a member the strategy dropped considerably. Lost 4 of the 5 thousand in a matter of two weeks or so. But I'm still following the strategy. Believing and hoping the system will recover my losses!
This system is one of the best kept secrets on C2. It trades infrequently and holds the positions for a short amount of time, thereby providing very little exposure to market risks. The win rate is super-high without any Martingale. I simply trade it with high scaling and a safety stop to provide decent returns.
Must stay away from this system. Low return high DD, can blow out ur acct. 100% true. U can win $100 but lost over $10000. Check his history if u don't believe me. If u are current subscribers, turn off this model now while u still have funds in ur acct
I've already sold OTM option to get premium, and the trades made here seem very sound: the strike is well chosen and the trades are followed up, closed sometimes before expiration if risk arises. But it's not a long time enough since this strategy exists to have a very relevant opinion, and the developer already proposed some fickle strategies by the past...
Unfortunately I had signed up during the recent DD period which happens. but, I was disappointed in the fact that the trader seemed to have changed his strategy to a more aggressive one during and after this period. He began to executed trades that held more lots and wasn't done in the past. Also, the execution of simultaneous trades was problematic for me to keep up with the leverage requirements.
Tim's parameters are clearly very good. (Wish I knew what they are). And Tim has been good about taking the time to answer my questions, and promptly, on how to be a participant. I also admire his decision to grandfather-in current member fee rates, and notifying everyone of coming fee increases beforehand.