The strategy is showing very impressive numbers but in my real account after nearly 4 months of auto trading using Oanda I have a minor loss. Based on the performance number reported, my account should be up 300% not a loss.

Huge loss in December 2021....maybe it will recover in 2022, maybe not. But one thing is sure... due to the very hight leverage, it's going to be bumby :-(

Reckless. Too much leverage. No stop losses.

reckless

50% loss in two weeks (or 150K loss) !!!! risk-management is very bad with this strategy.... or even non-existent(?).

Last month Icarus flew too close to the sun... and crashed.... badly.

Thank God I have problems autotrading it. A shame I lost $300 on the monthly subscription but I would have lost much more if I had actually entered the trades.

Performance looks great in the beginning, but in the last 10 days the strategy very quickly lost 50% of the last 9-months performance. That's inacceptable!

awful

Such overleveraged reckless strategies should be banned from C2 :-(

Another one bites the dust.

awful, just awful

I think this leader is running an algo that he did not create on his own and purchased soemwhere. He therefore neither understands it fully nor does he have total control on its behavior in real time. The last month or so the strategy has been at the mercy of TRY and some other volatile pairs. Really difficult to predict future profitability at this time, for this strategy. Maybe it will tank the way it is right now.

Leverage way too high... No stop losses.... Reckless.

Kamikaze Trader :-(

I don't agree with the first reviewer. This is not a magic money making machine. Actually it is a very dangerous strategy, where you can lose all of your money (and more) within a few minutes if you don't lower the C2-scaling and adapt the strategy-risk down to your own portfolio size. Below here are some reasons why I give this strategy only 1 star. 1) Don't be fooled by the high "annual return" so far. The strategy uses an extremely high leverage... which increases the performance very quickly if everything goes the right way. But if something goes wrong you are going to lose lots of money and very quickly. 2) Most of the money that the strategy won in the last few months was due the slow loss of value of the Turkish Lira (TRY). In the last 3 months the Lira lost about 50% in value. Everything went well until the 20th of December, when the Turkish leader anounced (just anounced) that he is going to intervene and strengthen the Turkish Lira in the future. Within a few hours the Turkish Lira gained almost 50% in value, yep a currency! I would even call this a "black swan event". The problem is that the strategy did not use stop losses, despite written in the strategy description. The strategy lost more than 100K within a few hours... this wouldn't have happened if the strategy used stop losses. Also, the Turkish Lira "luckely" was only one of twelve different currency pairs in the portfolio, otherwise the losses would have been even bigger. Anyway, the turnaround of only one currency caused a huge loss of about 120K (from 303K down to 183K), which is around 40%DD (and not as 29,3%DD as marked by C2) 3) After the the strategy crashed on the 20th of December, instead of waiting until the markets have calmed down again, the strategy-trader re-entered into the Turkish Lira, with even a higher leverage, risking every followers hard earned money again. Since the 20th of December, the strategy porfolio has been jumping up and down, almost 50K daily up and down, which is just insane. This proves that the strategy developer doesn't care about your hard earned money. Also you can see the there were 29 other strategies from the same trader, most of them crashed badly in the past. The strategy might recover the TRY-crash next year, and maybe even fast, but be warned, the trader is really reckless. Apart from the extreme leverage and the missing stop-losses, most of the time, the trades were OK. But if you really want to risk and lose your money, I would not use more than the minimal 1 microlot (by C2-scaling).

Would have been a good strategy if only he wouldn't trade Turkish that trades like hell!!! TRY is a double-edged sword, it can gain a lot (BTW it uses way more margin, and the finance cost is hell) and it losses a fortune in seconds. The numbers of returns are misleading, considering the amount of margin needed to trade (Turkish needs you to have a %33 margin at Interactive Brokers so for 500,000 traded, you need 165,000 in your account), and the finance cost (for TRY it could be 300 per night just to have it past 5 pm). This strategy is trading aggressively but can be toleratable if only he would drop USD/TRY and USD/MXN, these 2 are very costly in terms of margin and finance, and are too volatile even for people that like aggressive trading.

Reckless. No stop losses. Too much leverage. Be prepared to lose everything.

This is a NIGHTMARE. There are MANY problems with your system: 1) C2 is NOT able to close all positions when stopping autotrade. 2) C2 is showing flat when there actually are positions open, therefore C2 gave me WRONG INFORMATION ABOUT MY POSITIONS 3) After autotrade is shut off, we CANNOT CLOSE positions with C2 or OANDA 4) After autotrade is shut off, we CANNOT SEE positions with C2 or OANDA 5) NO HELP FROM C2 AFTER 4PM EST 6) NO HELP FROM OANDA AFTER 4PM EST This is a NIGHTMARE.

This is a magic money making machine.