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Strategy reviews

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Reviews of RIP XIV

RIP XIV

This is one very risky strategy. I have to agree with the other negative comments. There is no risk- or money-management, huge drawdowns, no stop losses, no exit strategy. Just gambling. After January 2017 one has to wonder if the trader want's to loose money deliberately. Going long for 6 weeks on UVXY is one crazy trade. Even a beginner wouldn't make a mistake like that. I'm just glad I got out in time. Don't get fooled by the TOS. The trader doesn't care about capital preservation. Avoid also his other TOS strategy "VolatilityTrader", same foolish volatility trades against a very strong trend.

RIP XIV

A very risky system where the manager allow huge draw-down. No proper risk management, no stops, system allows to go big time against the trade, there was a chance to exit out of the loosing trade, even that chance has not been used. I am referring to Sept- Oct trade, which is still in the play with huge lost.

RIP XIV

A very risky system as indicated by the huge drawdown. This happened for two reasons. First whenever there is a drawdown the manager would double down using borrow money as happened on September 9 with disastrous result. Secondly, there is no money management or risk control so any drawdown is ignored and waited out until the trade turn positive which is equivalent to letting losses run. This is gambling because the drawdown may get up to 100% and blow up the account. This is not an unrealistic scenario considering that the manager is using borrow money. This system is described as a day and swing trading system but the manager definitely failed as a day trader since the big drawdown on September 9 happend during the day and not overnight like the Brexit event.

RIP XIV

Great system. Been with it for about 3 months. Just had a nasty drawdown. But recovered after 2 weeks. Trades are some daily, sometimes is weekly or monthly. Definitely does not over trade. Seems to be a algo/measurement driven system, At Least from what i can tell from he's emails. Developer sends out messages about once a week or 2. Cant complaint when im making money for doing nothing. He only buys vix etfs, so i dont worry too much about option risk or futures over leverage.

RIP XIV

The system is great.. It's a safer vix trading strategy. If you don't have the heart for the ups and downs this has been pretty consistent. Developer is GREAT with communication!! Actually sends updates and replies immediately to questions and concerns! UP, UP AND AWAY!!

RIP XIV

Very Good Strategy and Excellent Trader. The entries are especially efficient made by an excellent trader always present in the market.They are possibly improve the exits with fixed or dynamic stoploss . Simple Vix and Volatility Trader they are some of the best strategies on c2

RIP XIV

Developer has great communication and is obviously very intelligent. At the end of the day, smart systems are created by smart people. Highly recommended.

RIP XIV

Great system- excellent strategy as well as communication from the developer who has continually exceeded my already high expectations.