I've only been in this one for 10 weeks, but it's already up 11% in that time. I like that there is such a long track record. It seems that improvements have been made to this system over time.
What happened in summer 2010? The system started to be the perfect contra indicator. Is that just a random occurrence that nearly every signal is profitable if one just trades the opposite? For already over a year?
This is the strangest thing I saw in a long time. There cant be such a strong structural change in the markets to make nearly every signal of the system suddenly not working since summer 2010.
Its too bad that was once a good system wasnt modified to follow some basic market timing stradegys. The market gains that could have been made since early Sept should have been picked up by this system.
They werent "Sad But True" so I had to give up on it.
System has performed poorly for the past 9 months, seems that the system is not built for whipsaw markets and until trending reappears, system likely continue to underperform.
This system seems to be comatose. It has not had a long position since late September and is down 5 pct since then. That does not seem like much until you realize that the Qs are up 13 pct in that time. Save your money.
Sorry to say, but this system does not work anymore. If you take the signals as contrarian and do the opposite of what he recommends, then you make money, otherwise, you lose.
Too bad, another system gone bust.
looks like the only one making any money with this system is the developer with his overpriced subscription fee. This system is a great candidate for the pay only if profitable.
I have read many of the reviews, and find the negative ones to be far off base. If someone is looking for a system that is correct every single time, they will always be looking because it doesnt exist. Most of those traders are overly reactive and emotional, and hence unlikely to find investing success. ETF Timer is a great system. The vast majority of the time the system takes the correct side of the trade and mitigates risk by scaling in to and out of positions. It still outperforms any equity index, and trades seldomly compared to most systems. Never use one system as your entire strategy, but use multiple. With that in mind, ETF Timer is a great addition to any portfolio
I have given this system all the time to recover that I can. 6 months of straight losses is just too much. I will contine watching the system and when it shows 3 or 4 months in a row of positive returns I might re-subscribe. Hope it turns around soon...
At this point ETF Timer has only 28 trades under its belt which is hardly statistically significant. This means performance up to this point may in all likelihood be just plain dumb luck. Just because the system has been around for a while does not negate the fact that there are not enough trades yet form an educated opinion one way or the other. At this point, IMO, it's just a crap-shoot to throw money at this system.
I disargee with the review below. ETF Trader did quite well before the 2008 crash with only one loosing trade until Oct. 2008. I am not sure why the system has not been working lately, but every system has draw downs.
Im an amateur market technical analyst and I write a weekly market review on another website. Its clear to all of us that ETFtimer has had some problems with whipsaws lately, all systems do, and its my opinion he has missed a tradable intermediate term rally going on since the end of August. I consider this trivial. What he has done spectacularly well is that after the 2007 important market top he aggressively traded the 2008 downtrend with short funds, something I never had the nerve to do on my own, and then in 2009 he aggressively traded the rally off the important market bottom, all with excellent risk management and getting it right when it mattered most. I enthusiastically will continue subscribing to ETFtimer. Best to all, dww
Probably the best looking realistic graph on C2 for 2 1/2 years. Simple to follow, scaleable, and liquid system. Alas, it has reversed. Its a tough call when to leave a system. Is short term underperformance an aberration or the start of a trend? For me, for now, its time to move on.
The vendor seems educated and good-intentioned, and he didn't overreact or go crazy when the system started going downhill. However, the bottom line is that we are all here to make money, and this system hasn't been profitable for months. It is argued that this system only works during trends, but we've been in an uptrend for a month and a half now, and the system still didn't create profits. In fact, it created heavy losses.
I've had enough . The performance of this system through 2008, 2009 has been nothing short of exceptional. However it seems very much trend related , and has been killed by range bound markets. Let the trend be your friend unless it bends or ends...
Dang...feeling lots of pain here...still subscribed but a bit worried that the weekly trading reports have not been delivered for the last few weeks......dont want to think the worst....
I believe this is a really good trend following system for the major trend. However, since I joined, the market has stopped trending significantly and instead has been more range bound. I have been in the red with every trade except one where I did not follow his system and think it is time to end the subscription.
This is definitely a trend trading system, as other reviewers have commented. In a trending market, it is great; otherwise, you need to be prepared for drawdowns.
This is what I am struggling with: whether I can handle the drawdowns in a non-trending market. But, thats the problem with all trend traders--you have to have an iron stomach...
If the market is trending, this system appears to do well. If not, then you will get destroyed. Since July of this year, the system has signficantly underperformed the market.
Ok now this is making no sense at all. Today signaled what is most likely to be another losing trade. 30 percent acct size buy. Where was this trade 2 weeks ago at cycle lows?? Personally I do not trade this system directly - choosing to use it as a trending confirmation for my own trades for the last 2 years. Unfortunately now it is of no value. Jim I suggest you offer all subscribers for say the past year, a 6 month subscription to the "new", OLD method of trading this to see if it can get back on track with timing. 2 week trial is not enough to warrant continued subscriptions. I am rating as "fair" because of some past performance and correlation.
My short experience with this system is quite bad since I din't see yet a positive trade. It was a petty to see some postive trades closed when they turned negative. The fact that the develloper change his strategy it's a bad sign for me and may signal the start of the end of the present system. I'm thinking to cancel my subsription during the running month.