Was going really well for a while until the strategy melted down and started loosing a lot of money. Zero communication with the manager since the meltdown started.
Not for the faint of heart, unless you don't watch.,
That being said, from what I see, they have a valid strategy and seem to execute with strict discipline. It is the only strategy I am deploying currently....
This Strategy Manager started off decent but as you can see by the progress over the last few months, it has changed dramatically. The strategy changes all the time and you have no idea what they are doing or why. Decent fills but terrible at taking profit when you think you should especially after coming out of the red. Opens contracts when its already the lows or the very highs. Not a good strategy to make any money. If you look at the performance it's been break even at BEST since last september 2022. The biggest con of this strategy is communication. Good luck trying to get any answers back after weeks or asking or messages. If i'm paying for a service and putting money in your pocket, I expect communication back at the bare minimum. If you don't want to communicate you shouldn't be running your own strategy. I think this strategy leader gave up and is just trying to milk money from this website now. 0 stars. DO NOT FOLLOW.
I had had high hopes for this strategy but have finally come to the realization after losing a great deal of money on many of these C2 strategies, that this concept just does not work and is very high risk. You do not know these people or their real intent or capability. I would have been better off losing money in this down market in a mutual fund.
Strategy developer seems to have changed many of his strategies., over the last week. Another futures developer that is about to crash and burn because the developer changes everything and seems to be experimenting, and with very little communication?? Be careful. Warnings and major red flags. It is not the same system, and he changed it-with little explanation or follow-up to the bad trades. Seems to be taking a lot more risk on. Very erratic trading and seems drastically different based on concerns derived from slippage and market orders. Sent a message prior stating if 'performance doesn't improve' he would soon 'shut the strategy down'. That is not a good, at least warning us. His LucidMNQSwing-you would think that he would be trading only MNQ contracts--today it traded an actual NQ contract causing a significant loss to the system. Trades prior all MNQ and then this week, it starts randomly trading NQ contracts. Then, he creates another strategy with no explanation and starts charging $300, we have seen this before. Time to jump off the train before he runs his strategies into the ground. Would be nice to get feedback from him, which might help, but this last 2 weeks, so different now. This could end badly. Developer needs to message the subscriber ASAP to provide great details to what is going on. I would love to think this strategy survives and does well for everyone, but look at some of the actual trades, particular his MNQ swing--not cool and dangerous to subscribers that weren't expecting to have such increased risk to switching to NQ contracts, that is someone that doesn't value his subscribers.
I have followed this strategy for 3 months now, and I am still don't feel fully confident about it. It seems Strategy Manager changes trading strategy every 2 weeks and is difficult to evaluate efficiency, besides the feeling of high risk involved by changing strategy without proper backtesting or confidence if it will work well. Sometimes I feel strategy has good entry points, but fail a lot to find the optimum exit points. Communication is poor, I wish he/she could improve it.
I'm pleased with the performance of the strategy for the month I've been subscribed to. The Strategy Manager sends out periodic communications and I think he is doing a good job with the strategy!