Too many open positions. Very bad risk management. High losses. Overpriced. Avoid.

I have been following this strategy for three months, but I only made little profits in the first week. After that it has been one long slow drawdown, while S&P500 has been climbing in the same period. Most strategies on Collective2 have a subscription price of less than 150$. But his strategy cost 4 times more... at a monthly 595$ it is one of the most expensive C2-strategies. Seriously, at a monthly price of 595$ I expect an exceptional profits, which was not the case, not at all. In the same period, other strategies on C2 that cost only 20$-50$ were way more profitable, As of today, after several months of this strategy beeing on Collective2, there still is no description of the strategy by the trader, and there has been no communication or messages so far in three months. So, despite the high subscribtion-price, followers don't know what is going on... But as far as I can see, this is monstly a penny-stock strategy. (there are more than 200 open positions). This means that each time you adapt the C2-Scaling, there are a lot of brokerage fees involved. And this means that it's difficult to overview and keep track of all trades while you lose money. At one point this strategy was even rated No.1 by Collective2. And it could be that this strategy might recover in the future (maybe during a strong bull market like autumn 2020) but I don't see how this strategy will be profitable during a longer 1-2 year bear market. Always consider that you still have to pay 595$ even while you lose a lot of money. If anyone would ask me if I would recomend to any of my friends or family to invest their hard earned money in this strategy it would be a very very clear NO .

I could not agree more with the recent review. I signed up Feb 13, 2021 and since then my account has done nothing but lost money...and A LOT of money. In the beginning, the manager was responsive and then disappeared when I started asking logical questions, like how much capital is needed to trade the strategy. I could never get a straight answer and I received 2 completely different answers about 3 days apart. On multiple occasions, I had to send a message to the manager to let them know there was a position that had over a 100% increase in their portfolio of 300 positions. 300 positions!! Anyways, within 30 minutes a sell signal would be sent out on the position I just sent a message on. Seriously???? I closed both this strategy and Tenet 2020 today and I am taking serious losses. I am mad at myself for being fooled. Do not be fooled.

Strat manager responsive while signing up in January. Currently -$96K drawdown on $580K (100%) allocation (NO idea why C2 says Max DD is 10.2% when strat took over $20K loss yesterday and is holding -$75K in open/unrealized PnL on a $580K portfolio) and no response from strat manager for a week for the most expensive strat on C2. Eating losses and unsubscribing. YMMV, but buyer beware with this manager if you are expecting any kind of support/communication.

I received a review request today, around the time of my 1 month strategy renewal. I don't know if the request comes from C2 itself or from the strategy author. Anyway, here is my review. The strategy author has chosen stocks that are sensitive to overall movements in the market, as well as just being good stock picks individually. I can also confirm that this strategy works well in an IRA, even though it is not advertised as IRA compatible. As each round of positions is closed, the strategy author leaves most of the cash in the account. Over time, this means the strategy becomes less sensitive to market upswings and downswings, so if you want to continue to risk more capital in order to maintain the higher returns from early in the strategy's life, you must scale the strategy upwards. Personally, I hope that the strategy author decides to notify subscribers and start an Infinity 2021 version, or if not, I hope that the author does not mind if I keep scaling the 2020 version higher. (For example, if the author eventually abandons the strategy, I would appreciate notification well in advance since I autotrade the positions at a fairly high scale.) Even if the market experiences extreme turbulence in the future, which would cause a similar strategy launched in 2021 to experience a lot of ups and downs, it is my belief that this kind of strategy can form a strong component of an appropriately hedged multi-strategy portfolio Since I am using an IRA, I must hedge using futures and options rather than the stock shorts this strategy sometimes uses. Therefore, I hope the strategy author continues this type of almost totally long stock portfolio well into the future so that I can subscribe to it as one part of my overall portfolio. Thank you to the author, LeonardoFranci_Nexit, for offering this strategy to the community, and thanks to Matthew Klein and the team at C2 for creating this website where the community can exchange mutually beneficial ideas.

I'm very pleased so far