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Strategy reviews

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Reviews of Hit Parade

Hit Parade

Very disciplined trader, doesn't seem to vary from trading rules. Returns speak for themselves. Keep up the great work.

Hit Parade

I subscribed to this strategy for 8 months, since it was quite new. I followed it for a long time but I will stop my subscription at the end of this month. First, the minor, but potentially telling issue: the trade leader is unavailable. I tried to contact him a number of times using C2 messages. Every time I asked detailed, specific questions in a respectful, polite manner. He never once answered. The best I can tell about the system that it survives. I.e. it has a winning streak followed by a sudden and bad losing streak but somehow it recovers. The long term p/l is flat or at best mildly ascending. On winning days the system takes several, short term, intra-day trades with uncanny accuracy. Great! But once in a while (I couldn't figure out when exactly) the system gets totally and I mean totally out of sync of the market and takes, with similarly uncanny accuracy the exact opposite of the price movement. To add insult to injury, it hangs on the losing trades (contrary to the system's description there are no stops) for quite some time (and then takes the opposite side and loses on that too. This is how it quickly loses the previously built profits. Rinse and repeat.