Not sure where to begin with this. I guess the good is that I did make a little money with this strategy. Now the bad. It has been said that he is a good communicator. I would say that he is a frequent communicator but you can only believe about half of what he says. The strategy makes great money in ascending markets because of the triple leverage he often employs. However, he does not use stops and there is nothing more frustrating than seeing good profits vanish and turn negative when the markets head south. I started turning off auto trade when I was sitting on a good profit but this defeats the whole purpose of C2 does it not? I no longer want to sit at my desk and monitor the markets. There is too much golf to play! Having said all of this I would advise those interested in this strategy to take a look at the "strategy activity details" of Mr. BlackBoulderTrading. They are very telling. It appears as if he got lucky with this particular strategy for the time being, unlike many of the other strategies that he has "killed." This guy seems to be nice but I am not sold on this strategy. My inexperienced daughter with no knowledge of the stock market could make money in a bull market. Due diligence.....
I have been following this strategy for almost a year. Luckely I made some profit by the end of 2023, But 2024 so far (Jan-July) is not convincing at all. As long as the markets were climbing slowly the strategy made profits, but all the profits made in the last few weeks/months got lost again within a few days, when the markets turned around. It's a mess. Last year the trader wrote to the subscribers that the strategy would make tons of money in 2024 when markets are bearish, but so far the strategy still went long when the markets were falling in April and July. While other strategies quickly went short and made money. So for me in 2024 this strategy was a waste of time and money.
I gave two stars, because I made some money last year, but otherwise I couldn't recommend it to anyone else.
I have to look at the overall trend of this system and not the current trade. Started in January this year and LET has made me good money so I can't complain. It's never fun to have a trade well in the money then deep in a hole but I'm sticking with it. The daily briefings are informative and times like today reassuring. Sticking with it.
Total joke of a trader. Needs to learn stop losses and when to take profits with trail stop. Has created a system to sucker in fees and promise subscribers millons of profits but recently has disclaimer that trading risky and nothing guaranteed. All he does is baghold trades long so occasionally in profits, but then he loses those profits and goes into major negative. Total fraud trader has sucked in majority of c2 subscribers with this pyramid scheme. Beware has no real skills to protect gains or limit losses.
Perfect I like it a lot, better than expected, ike the messages sent to subscribers telling the logic behind the actions taken , so far so good, great decision to get in with this strategy
Good overall strategy withconsistent returns so far. Could be existing losing trades a little bit earlier and staying in winning trades a bit longer would be my only suggestion for improvement. I would recommend to anyone looking for a consistent winning strategy.
I quite liked this system - mainly because of the tight control of drawdowns by letting the winners run and cutting losses short. So when the market explodes ( in either direction) this system can really profit. I also liked the use of well-capitalised stocks minimising any slippage and bad fills. I didn't like being in the market 24/7, resulting stock churn, and paying the resulting trade and interest fees ( for margin accounts), which drop proportionally the larger the account - but for smaller accounts can impact the net profit. Allow for exposure to at least 12 open stock trades (excluding futures) and watch the T margin if you're using a margin account. Overall one I may come back to with a larger account size.
Strong trader. One of my select top favorites on C2. Think he should stay away from short trade swings and just focus on his long swing strat trades. Performance would be even better if so.
Reckless trader with extremely poor risk management..blow up all his accounts under Verezya then restarted from scratch with the name investment management and that was a quick blowoff them this SCAM is now operating under the name astuters and he's in the process of making another disaster....Run away!!
I am not keen on systems which consistently add to open losing positions, as it inevitably leads to massive position sizing as the trade is chased further into loss. Average in by all means, but keep the position sizing constant to allow for fair comparisons and appropriate account management. Far better to wait and get better entries using fixed position sizes, thus avoiding so many trades with open losses.
Very happy with this strategy so far. This trader is the real deal. A very talented trader and communicative about his process. He seems to sincerely care about his subscribers.