Good system. Trader is communicative and helpful, both through C2 boards, and by posting his own descriptive blog.

This system has a poor trading plan or no plan. The losses are too large in comparison to the gains. System developer should try and set system at 3:1. eg. Every gain should be three times the loss. If the stop loss is $500, then the gain is $1500 or if the stop is 5 points= $50 x 5= $250.00 then the gain should be 15 points = $50 x 15 = 750. This means that if the system loss 5 times (5 x $250= $1200) and only gain 2 times ( 2 x $750= $1500) the system will still end up with a gain.

This is the best futures system on C2 for the following reasons. 1) The developer is very quick to respond with insightful comments. 2) He does not tout his system as a holy grail and has realistic expectations. 3) The system is in and out intra-day, no overnight or weekend risk. 4) No scaling in / martingale strategy. 5) The DD recovery was long-term realistic and steady. 6) The developer tweaks his system according to changing market conditions so the system does not go stale. 7) Especially for a CL trading system, the developer does not let profits run into losses very often. I got rid of many other systems on C2 to focus on this one and I haven't looked back. I am willing to take on a lot of risk, so I trade 3 contracts with 50k capital.

I am a new Double Down subscriber of a few weeks, and I have to tell you, Brett is some kind of awesome trader. I started Double Down with a clean slate, preferring not to join any already open trades. I have participated in 5 trades so far, all with gains. 2.27%, 36.90%, 21.08%, 14.72%, and 1.35% for a total dollar gain of $3,400. Brett shorts stocks frequently, and has had some phenomenal gains which I was not able to participate in, as I am funded in an IRA using email signals. To take full advantage of Brett 19s trading expertise I am now using the Auto Trading feature in a cash account. With Brett at the helm, I am looking forward to seeing my account grow. I am fully confident in Brett 19s trading ability, and I am thrilled to be involved with Collective2 and Texas Double Down. Brett 19s communication skills are on par with his trading. This guy is truly concerned about making you money (he has even emailed me to see how my account is doing). He always answers my questions in a timely fashion. Out of courtesy, I normally wait for the market to close before shooting him an email. More often than not, I receive a reply the same night. One tip I would give you when you auto trade Double Down is to email Brett, and tell him how much money you are setting aside for Double Down. He will recommend a 1Cscaling 1D percentage. Collective is a little misleading when they suggest using 100%. Do not use 100% unless you are trading the same amount as the Double Down account. Currently as of May 4th it is roughly 170k. If you use 100% and have less than 170k you may run out of money! I am trading with 90k and using 50% scaling. You can always adjust up or down later if you wish. As I said, I thoroughly trust Brett 19s trading skills. I feel we are seeing the making of a Super Star! Thanks Brett 26. I Love Ya !!!

Good system I've been auto trading for a few weeks. Adrian has a very professional attitude, both in terms of trading and communication : he explains on a regular basis the way he trades the market, the positions... and answers every question... I recommend ! PS : let's trade more time, and I'll probably upgrade to "5 stars" (;-)

I emailed the system developer, Keith Painter, what the hell was going on in the system with this ridiculous draw-down. Originally Emerging-S had a max draw-down of around 8%, however, all of a sudden, the system developer developed a whole new trading approach to Emerging S, with amazing "back-testing" results. An email was sent to subscribers that showed back-testing results that showed an average gain of 9% per month and a 111% annual return with a max draw-down of 11%. Being amazed at such results, I stayed in the system, only to wonder what the hell was going on when the equity curve of the system kept going DOWN and DOWN, to see the system's max draw-down reach an all time high of 21%!!! I emailed the system developer (Keith Painter) why the back-testing results showed so much promise whereas in reality the opposite was occurring - the system kept losing money. No response from the developer.I really don't know why his back-testing results were the complete opposite of what was happening in the system. But anyways, subscribers received an email today finally saying that the system will go back to it's original algorithms. Still, i've unsubscribed to this system for several reasons. 1) Developer should not have used a live auto-traded system to test a brand new system with a brand new approach. 2) Can you really believe a system that promises portfolio gains of 9% a month and 111% a year? That seems ludicrous. 3) The draw-down of this system has hit a point where I feel it is unsafe to continue using this system.

Look at the DD. This speak for it self.

This system had a good thing going but seems not to be able to give up the GBP/NZD trade. It's currently down 50% and even if it can turn around he has lost my confidence in "limiting the losses" as per his description.

This look like another "shooting star" system which did well for a short period due to luck but then reverted to randomness because there is no edge. After subscribing to many of these systems I've learned to never trade anything less than a year old and/or a system which is not TOS certified (trader has no skin in the game). Once either of these conditions changes I will take another look at this one.

If you are going to trade this system you need to know yourself pretty well and know how much drawdown you can tolerate. If you use too much leverage you will likely get scared and exit the trade early. Exiting the trade early will almost always cost you tons of money. Here is how a winning trade will go sometimes: The market drops about 2% and you receive the system signal to go long. This system has up to two signals per trade so you buy 1/2 of your maximum contracts per trade. Then the market continues to drop and after a few days your account is down 15%. You are starting to feel scared that the market will continue to crash. All the financial experts around the world are proclaiming on the television and radio that the market will continue to decline and you should get out as soon as possible. At this darkest hour the system now gives you a second signal to double up on you contracts! You were already scared with 1/2 the contracts and now you need to double up? At this point the future is up to you. You can bail out for a significant loss or double up with an 80% of turning this into a winning trade in the next few days. It 19s hard to go against your instinct to sell, but this system feeds upon fear and will make some of its best gains when all hope is lost. I have been trading this system off and on since October 2011. At that time I didn 19t have a lot of confidence in the system so I didn 19t perform the trades like the system specified. I did the math and if I would have faithfully followed the system from day 1 until now my account would have tripled in size! Instead my account is only up 10% for that entire period. My account would have risen 56% in 2014 alone if I would have stuck with it. How many SP500 contracts should you trade to maximize your profits while keeping the drawdowns reasonable? The yearly gains displayed on collective2 are distorted by the fact that the system always trades one or two contracts per trade no matter what the account size is. For example, the gains in 2010(when the account value was $10,000) are most likely overstated and the gains in 2014 (account value was P,000) are understated. Using the historic system trades I ran some simulations to help determine the optimum amount of leveraging to use. The results were that trading one contract (or two if there is a second signal) for every $30,000 in my account would maximize my yearly gain and still have a reasonable drawdown. If you had traded this system for the 15 years at this level of leverage you would have made an average of 45% per year with a maximum drawdown of 27% during the trade and a maximum drawdown of 12% after the trade closed. If you are not comfortable with this drawdown you could, for example, trade $60,000 per contract and cut all those numbers in half. The good: 1. 15 year overall track record without a single losing year. 5 year independently verified track record on the colletive2 site. Using $30,000 per contract leveraging, the biggest gain was 108% during the crash of 2008 and the smallest gain was 8% in 2012. 2. Using $30,000 per contract leveraging, for the last 15 years the overall gain was 45% per year (37% average per year the last 5 years) with a maximum 1Cduring a trade 1D account drawdown of 27% and a maximum closed trade account drawdown of 12%. 3. The system does not just take trades to make the subscriber happy. It only signals a trade when all conditions for a high probability trade are met. During low volatility markets it might go for months without a single trade. 4. Perfect for retirement accounts. TD Ameritrade allows you to trade futures contracts in an IRA without any monthly or yearly fees. Trading this system in an IRA using stocks or ETF 19s doesn 19t work as well because it is hard to get the exact leveraging you want and after buying and selling stocks in and IRA you have to wait 3 days before you can trade again. Sometimes the system will signal another trade sooner than 3 days after your last trade. But with futures contracts you can buy and sell as often as you like at about any amount of leveraging you like. 5. Low exposure to the market. Overall on average with this system you are only in the market about 30% of the time. That means the next time there is a big event like 9-11 you have a 70% of not being in the marked so your risk of an oversized loss is reduced significantly. The bad: 1. You can 19t make a lot of money without risking a lot of money. At $30,000 per contract leveraging there is a chance that a once or twice a decade event will occur while you are long and you will lose 50% or more of your account. I would estimate your chance of this is about 5% for each 10 year period you use the system. I plan to minimize this risk by trading $30,000 per contract until my account grows substantially (for about 6 years) and then reduce my risk to $60,000 per contract. 2. One of the main reasons I like this system is the 15 year track record. The time between 2000 and 2010 is not independently verified and we have to wonder whether or not the track record is accurate. Was the track record created real-time as the system provided signals or was the system created in 2010 and back-tested on data back to 2000? If the 2000-2010 track record consists of back-tested then this is a good system but not yet proven to be great.

The developer has done a phenomenal job with the system by investing into micro/small cap stocks. As of today, he has decided to shift his strategy to instead invest into mid/large cap stocks - while somehow expecting to earn the same returns. His rationale is that the system has become too popular and thus trades into micro/small cap stocks move the price significantly - making it difficult to invest effectively. The challenge he faces is real but he could have managed the issue less drastically. For example - he should not have invested into a position (airt) that has an average daily volume of just 9,000. Sticking to a higher average daily volume threshold would appear to have been a more measured mitigating action. The bottom line is that this system will no longer earn the same returns as it has in the past simply because the allocation strategy has changed so significantly. Proof of this is his other system OP II which by design focusses on mid/large caps and earns a lower rate of return. That said, his systems will likely continue to outperform the overall market and he deserves credit for that. He's generally a very disciplined investor.

I have used the system for a few months but have decided to leave it - not b/c its in a losing phase (which is inevitable with any system) but b/c the developer is constantly tweaking it and then exulting how great the back-test results are with the new tweaks. [One can always find one or more parameters that give fantastic back-test results but that doesn't mean the underlying concepts are robust.] I reckon it'll take him a few years to be a mature back-tester.

After 30% account loss I am pulling a plug on it. Very risky system with a bad risk management from a developer. It appears that developer went into meltdown after system 15% account loss in single trade and abandoned his original strategy.

horrible. Only way to describe this system and manager. When trying to get out, he put on more trades so u are stuck as he takes you down. When things don't go right he will not even bother to respond. Don't think this system will last to long as one can see from the dismal performance with a high price tag. Just make sure if a new system opens up run for the hills

Best advise for this trader and system = STAY AWAY. trust this advise - it will save you allot of money and time. Many other safer more professional systems available, choose them.

Am not sure why nobody writes reviews on TheForexPortal. I thought its a great system. Manageable drawdowns for the returns shown with almost a year of consistent records. This "Trend Picker" strategy could compliment many other retracement strategy out there. I also like the fact that i see Mr Adrian Eliffe online most of the time, which hopefully means that he (this vendor) isn't solely depending on EA or fully algorithm system (which can be scary).

I was referred to this strategy by a friend and it has not disappointed so far. Only one signal so far. So may be too early for me to tell but this lloks to have solid history and track record. Thank you,

Hasn't been doing very well lately. Ask me in several months what I think. I have subscribed to his strategy for only about 1 month.

As the last reviewer pointed out it appears that this system was overfit to a recent small data set during development and is now being tweaked along the way when when faced with real world market conditions. The result: 7 months of gains wiped out in a month. To make matters worse the developer doubled the leverage in a self-destructive attempt to recover from the drawdown quickly despite the increased volatiilty and right before an FOMC announcement (!) I noticed there is a Goldmeter "D" ready to set sail once this one sinks to the bottom. Tickets should be on sale soon but I think I'll stay on dry land next time.

This system has had impressive returns to date and the developer seems to have a knack for picking the places to get in and out with a profit and knowing when to stand aside. But, be prepared to suffer through some harrowing intra-trade drawdowns as this system will add at least 4X the original trade size in order to try and average down an open loss. I do wonder what will happen when the market does not revert to a breakeven and instead keeps going against the trade. For that reason I cannot give it a 5 stars just yet because there is not enough time on C2 to cover those situations but time will tell. Wish the developer luck.

I have not been on Tranche's system for very long, maybe 1 week, but I can say the system is going through major structural changes due to trading losses. Supposedly, upon completion of these changes, the system will be more conservative and profitable, so now is not the time to write a review of Tranche. It is definitely an expensive system and one would expect superior performance based upon cost, but I would say it has been anything but superior at this point. Proceed with caution is the word here.

Good system so far. Ask me in about twelve months for a more comprehensive review, I have just been a subscriber for about 4 weeks.

This is a martingale type of system which means it will keep adding to losing positions and hope for a rebound. Eventually we will enter a bear market and the system will run out of margin and can even wipe out your account. It's one of the few types of systems besides selling naked options that can do that fairly quickly. This is the reason that the decent returns in the recent bull market aren't attracting subscribers.

Does not follow the fundamental trading rule: "Cut your losses short and let the winners run".

Even though the system is barely one and a half month old (that is the reason for only 4 stars) one cannot help but be impressed how this discretionary trader delivers on his confidence in his trading ability as stated in his early forum posts and system description. He skillfully takes advantage of special situations while keeping the risk low with judicial hedging. Could this be one of the very rare cases of a master trader on C2? Time will tell, all I can say is, keep up the good work Brett.