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Reviews of ARK Futures

ARK Futures

deja vu deja vu fool me once shame on you, fool me twice shame on me i joined auto trade of Michael's strategy twice. one about couple years ago and second this time. for once i thought he had oversome his weakness on letting go the STOPs, but again and again just like deer starred at the headlights and freezed. Wiping out triple digits gain on the same YEN trade. if Michael can't decipline his hard STOPs, it will be a loop that he can never get out of it in his trading life cycles like Mr. Livermore i am done hoping for that. ps. i am still on the sub is because he won't refund me the prepaid fees

ARK Futures

BEWARE! Strategy manager publishes "Maximum allowed drawdown 10% per month" yet I am down over 20% so he doesn't actually do what he promises to mitigate your risk. He uses a Martingale-type strategy whereby he keeps "doubling down" (though I don't mean that literally with actual 2x although recently I did actually see roughly doubling of position size). This strategy keeps the win rate high but it comes at the price of potentially severe leverage and the possibility of massive losses which can wipe out an account. If he cannot be trusted to cut losses at his stated max drawdown, then just realize you can blow up your account. I'm currently in the middle of one of his deep drawdowns and hope for the best before I shut this down forever. Why can't there just be professional managers on this platform!?????

ARK Futures

Michael is a terrific and honest trader. His performance is consistent, he provides stop losses on all trades and is a great communicator.