There's not much to be said when a trader fails to implement any type of risk management... leading to a 50% draw-down on just one trade! You would be foolish to think that Colin's track record (prior to implosion) means he's learned how to use stop-losses to limit catastrophic losses. He's completely irresponsible at managing client funds.

Failed to employ any meaningful risk control, leading to implosion... despite Colin's assurances (that he implements risk controls) to the contrary. When evaluating strategies and their methodologies for risk control, do not trust anything Colin tells you.