Returns are great and the drawdown reasonable. Unfortunately in my short time there it had a bad month and with the subscription price at $250.00 I couldn't hang on month after month.
no idea why he is trading over Christmas holidays when mkts are notoriously "odd" given I guess most mkt makers are on holidays, just dont see why, is there a way for me to turn him off until mid Jan ?
I've just started, but the system looks good. I've followed the trader for a long time and I know he is very serious about his work, so I have high expectations.
After reviewing all the available backtests on www.quantimer.net
I decided to subscribe to Quantimer VIX-L just after its launch.
The system uses stop-loss and trailing-stop, so losses will be kept low.
There is no adding of positions during a drawdown (no martingale).
The max. drawdown was about 30% in the past 6 years of backtesting,
while profits could raise up to 20%-40% a month or 200-400% a year.
Quantimer VIX-L is leveraged on the short side; so it is a risky strategy.
Therefore be sure to not invest all your money in one strategy only,
I prefer to use it as diversification with other Collective2-strategies.
The recommended 25K are OK, but 10K will also work very well.
So far this is one of my top favourite strategies on Collective2.
The developers are very friendly and do answer quickly to questions.
In the long term this could become a strategy with awsome profits.
So I hope it will be available on C2 for many many years to come.
On the positive side : Fairly conservative system, every trade starts with a defined stop loss and gain in place. No Martingale beaviour. Easily scaled up. Small entry capital. Low DD, Steady gains.
On the negative : Pricey. Little communication from the Author, regular (weekly or bi-weekly) broadcasts would be helpful to the subscribers.
This trading strategy involves buying at closing, which to me isn't a good trading habit. In my opinion, you should end the day with no position for day trading. There have been too many times where the position that was bouhht at closing opened negative double digits.
I haven’t been much of a review writer here lately, but seeing Mr Money Tree get its first negative review made me pick up my pen to try to set the record straight. The review I feel is very unfair, a purely emotional response to the system’s 7% drawdown this month (it began to recover nicely on Friday). Like the previous reviewer, I’ve also lost some money in December -- but looking at the system’s entire history, a drawdown in the range of 7-11% will happen from time to time and is nothing to get shaken up about. Not when the equity always recovers and goes on to new heights in a very short period of time. The system owner seems to be a mature individual with a steady hand and a conservative approach. Positions are never carried overnight, and there is no Martingale to be seen in any of the 104 trades to date. Even though the equity has doubled in only 5 months of existence (363% annual return at the moment), the owner still commits only a single contract per trade and has stated that is his intention for the foreseeable future. Contrary to the previous reviewer’s theories, the owner does not use Bollinger, RSI, or any type of mean reversion strategy. His approach is simple, repeatable, and gives me confidence that the results we’ve seen thus far will continue.
No swinging for the fences here, just solid investing which is something C2 should do more of. Great communication with dependable picks both long and short so feel secure when the market sells off. The returns speak for themselves. Good job, keep it up
I am trading this strategy for 2 weeks. The trader has good experience. He knows how to manage risks and take the high probability trades. So far, I am impressed by his performance.
This system appears to be an intra-day mean reversion system. Entry points don't appear to be placed at any major support or resistance levels, so I assume they are mathematically determined ala Bollinger, or RSI, etc. The enemy of this system type would be a trend day, which have been occurring frequently as of late, hence the current drawdown. I suspect it's way to soon to predict long term performance since the system has only been around for a few months. The system developer does not seem to be willing to supply any backtest results nor appear to be overly communicative. Most decent systems with an edge will converge on a yearly profit percentage of roughly twice the max yearly drawdown, so until a solid track record is laid down it's wise to proceed with caution and not be overly leveraged. On the plus side, there always appear to be reasonable stops in place and no hint of martingale pyramiding shena***ns.
Slightly less than 1 month into Mr Money Tree subscription, I am at breakeven with a 50% win rate and 1.2:1 profit factor. While the full history of this model is better, it has not done so well in the Trump rally with several "no trade" days which was not typical of this model. This model seems to work better in flat moderate volatility markets and not so well in rising but low volatility markets since the long or short limits are not met. Developer does keep losses to a minimum and always has limits and stops.
So far, so good. Developer has done everything he advertised he would do. Conservative trader, uses stops, doesn't carry positions to the next day, and has good communication with participants. He had a bad couple of days, but that is to be expected. I will write another review in the future once I have more experience with the system.
A simple system to buy oversold stocks and hold them a few days till there is regression to the mean. Order size is small, so there is not a lot at risk, and most recover nicely. Often the sell comes before the upward run is finished, but you still have a gain. Like a base hitter, to use a baseball analogy, small and steady gains. This makes the system feel comfortable.
Always difficult to write a review here on C2, despite numerous requests they keep on sending review requests a month after subscribing, and therefore, one never sees a proper long term review on this site.
However, Mr MoneyTree has proven an awesome strategy for me, it's a very sound strategy, very controlled, stops in place. A winner. Well done Mr Money Tree.
I have been subscribed to Mr Money Tree for a little more than a month, and it that time I have been very happy. I am pleased that the developer keeps losses absolutely under control and does not let them get out of control. Stops (limit and stop) are always in place so you basically know in advance how much you can make or lose. I swear the developer has a crystal ball, and knows exactly where to place them . Of course that is not true, but it seems that way. The strategy never holds positions overnight, nor on weekends. This gives me absolute faith in this system. 95% of my stress is gone ! Research this strategy... Check the popularity score and C2 scores, as well as the sharpe, sortino and calmar ratios. As far as the subscription fee was high consider this.... you get what you pay for. Add up the monies you have made, and subtract the fees you have paid. Also, think of how much more relaxed you are because the strategy has no overnight positions. That alone adds big time relaxation to me! Wish everyone luck.
As he rarely trades at present, it is impossible to be positive or negative.At least he's not losing money.However paying for a system that doesn't trade rather defeats the object even if there's a good reason not to, which I'm sure there is.As for stars ideally I would give none, however this is disallowed.
I am using VIX DayTrader 1 now for a couple of days. November has been a strange month, however, the outcome has been quite positive compared to some other strategies. So far very good in results and communication. Thumbs up!
The XIV trades 4X or more than the SPY. If we buy and hold in the past 11 months XIV gains 66 % YTD . Your system gains 43% . I just hope you keep your eye on it before it starts falling down like in June.
So, far, the strategy is as I expected and as the developer said it would be. No *** here, which is good. Good communication and timely announcements from the developer. Will write another review after some time passes, but so far so good.