This trader used to be good. But he has certainly lost it now. He is singularly focused on one stock and is betting the farm on just stock. He lost over 80 % of the entire acct on one trade but he does not seem be learning from his mistake. Part of be believes that he has other accts where was doing just opposite ( or some kind of trade that was gaining while this trade was bleeding $100K each day ) and thats why he did not close the trade at a somewhat reasonable loss.
I may ignore a drawdown of 82%, what i can't ignore is that he is still doing the exactly same thing.
performance speaks for it self. 100% TOS. pretty high drawdown from time to time, but it has long track record on c2, so I was comfortable with the high volatility. I mean how many TOS strategy on c2 turned 100k into almost 2million in 4.5 years. Positions can get really complicated at times so i would recommend autotrade, but you get small slippage issue sometimes.
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.
Good communication from Trader. Good results. Low market beta.
Does well in an up market, selling puts. Flipside is it system takes a big hit when market turns, eg Dec 2018.
Many times I doubt this strategy but his performance speaks it self. I am following him in 2 years and communicate with him very often through different media social. What I like from his record, he has long track record and he thrive in many different cycle. He knows how to adapt very well in different market conditions. His trades are very complex and well diversify in many industries and off course, the RoR is very outstanding and he can control DD very well. I dont mind to have DD 20% but RoR80% rather than DD 10% but RoR 30% per year.
Dont forget, he has series 7 and 66 license and actively working in investment company who manage big funds. He is not perfect but I am confident the way he manage his funds. My suggestion, if anyone want subscribe his strategy, try to follow him during big drop, not in ATH. You can see how expertise he manage any problem. Let me give you example, Feb 2018, Oct 2018 - Nov 2018, He manage his DD very excellent and he still perform high RR.
Knowledgeable trader using TSO with his own personal money. Reliable strategies in play, but can have some wild swings from time to time that usually recover. Slippage results in slightly lower results when compared to model, but still quite good overall.
Have been trading since inception. Consistent and easy to follow strategy. With the portfolio growth and more expensive stocks had to scale down or be selective on what trades I follow. Recommend trading smaller number of contracts assuming you start with 50-100K. Can blow you off if you don't have enough cash to get assigned. One of the best strategies on C2.
On 9th Jan, ILMN-Stock jumped 30% after market closure. Beeing on the short side was bad luck, no blame about that.
But shorting SVXY and going long on TVIX for over a month? Sorry, I don't get it!
Other volatility traders on Collective2 are succesfully trading just the opposite for a long time.
Against all odds, the first few days SVXY & TVIX trades were in profit, but nothing was done to secure those profits.
After that, the trades turned into a loss, and after realizing the mistake, those trades were still not closed by the trader.
So after over a month we are still like sitting ducks and watching the huge losses incrasing daily.
The Trader is surely very knowledgeable, but after Jan 2017, I totally lost confidence in the strategy.
I couldn't see any proper risk management, no capital protection, a huge (unecessary) drawdown, and no exit point.
That's why I'm not going to risk my own hard earned money with this trader any longer.
And I can't really recommend this strategy to anyone anymore, despite the TOS and a good 2016 performance.
The manager is very knowledgeable and I have a good relationship with him. He always respond all my questions promptly, not only that, I learned a lot about option n his logic. If you want to know how good is the manager, you should how the mgr manage his live account during significant market drop, he managed smoothly during Brexit n 1 event when market was very nervous about increase interest rate, September 2016. You should expect huge volatility from this strategy. Bottom line, I recommend this strategy, he is not using Monopoly money, well diverse, good risk n return. I'm very happy with performance.
I like it a lot. The developer is very responsive and supportive in getting things up and running. Questions are answered promptly and very pro customer. Although the last week were challenging, as far as I can say, the developer is very thorough in what he does. What needs to be improved is how auto trade is working. When you start with Volatility Trader, you have to be very careful to check your positions so you don't end up with short stocks. The automated setup does not work properly if there are several positions already in place (e.g. covered call vs naked call). Would consider this one of my favorite strategies with very good communication.
C2 asks for a review just 2 weeks after subscribing so I'll give my review based on this short window. This system appears to be totally exceptional. I'm really pleased with the strategy owner. His communication is excellent. He's helped me understand the mechanics of his strategy and adjust my account accordingly. His strategy uses multiple asset types that seem to balance the risk, it is an advanced strategy and one can tell by the performance he's not a beginner... also during the short time I've seen him trade, I like the way he topslices and exits trades, very nice indeed. Clearly a professional. TOS certified also. Perfect !
Have been a member of Volatility Traded for about a little over a month. Good system of diversity trades and his performance speaks for its self. I like that he trades his own system so he has some skin in the game.
So far so good. Like the short time frame of that strategy. There were a couple of hickups in the beginning, but recovery was fast. The strategy is not for everybody, but actually is less riskier if used properly. Sometimes I add more protection to shorts by changing them to verticals. Will stick to it for a while. This strategy fits my trading style pretty good. You don't have to watch it every day, maybe 2-3 times per week.
