This system says it protects capital, well if protecting capital means not using stop losses then blow me down. The current losing position may well turn around, but at the moment im having great fun. The stats prior to this trade showed promise, but if i were you, keep away from this system, very poor money management
Good communication with the system vendor.
I had absolutly no problem trading this system with InteractiveBrokers, but you definetly need a consistent broker, because you are reliant on a good fill.
I have chosen this system, because it keeps drawdowns to a acceptable minimum and has perfect stats, as I am writing this review.
One star dump, because the system is just 4 months old and I think it could be difficult to trade it with less than 20000USD, but for those who have large capital, this is a exceptional system.
This Signal Provider MMA eurusd got caught and caused a large DD. I decided to Dump him. I would like to see more input by C2 to help choosing Signal Providers.
The system actually has two sides. It provides nice small returns on a study basis. However, if you look deeper, this is mostly based on allowing several magnitudes higher intermediate drawdowns, as the system does not handle any kind of stop-loss - and perhaps reenter later at a more favorable price.
So, the question is: are small returns the high drawdowns worth.. you may risk all this.. - everyone has to answer this for one-self. But if you trade it: trade it only very small leverage..
There are several excellent long only stock system on C2 which are based on quantitative statistical analysis, in fact, most of them have a higher return since March 09 when this incredible bull market started. I got attracted to this one because of the low drawdown and my hunch that it will also perform well in a bear market. So far during this correction I have not been disappointed.
Do not be deceived by the fantastic chart. I have subscribed this for 4 months autotrading. I lost money on this. Hard to believe losing on a system with 2000% annual return. Very poor fills. Causes might be: 1) too many subscribers executing the same trades, causing huge slippages. 2) delays by C2 when sending signals due to system overload. I would suggest that the creator of this system to subscribe to his own system and do a set of real tests to find out the reason and let subscribers know. I would suggest C2 to do an internal audit on this system and find out why a seemingly very good system performs badly for subscribers. If there are subscribers out there who had good experience with this system, please post your reviews. Thanks.
This system has an admirable equity curve and two years of good results to back it up. Any negative comments I've seen in chat and forums usually come from other vendors whose own work has significantly lower profits,if any.
I feel for the other reviewer and agree with his assessment. I'm sure the system will be pulled soon, as I can't see anyone trusting this approach going forward. I would say to anyone who is considering trading a system on C2. Once you are committed, sign-up and pay the listing fee for 1-2months before trading. In my opinion, this guy is not following a disciplined approach.
Should be called -$20,000 in 20 hours. He was up over 40% at one point in January, then bet the wrong way and kept adding contracts in a risky attempt to get out of the hole, only to rack-up the mother of all draw-downs. Completely irresponsible—why he didn’t use more conservative stop losses to protect some of these gains is beyond belief. The guy is a total gambler, and I was a fool to subscribe. Had the misfortune of missing the previous run-up with auto-trading offline and later discovered that my manual stop losses were not working due to a Collective2 issue, so have just experienced the worse one day loss of my trading career.
Beware of this system !!!!! is a casino game! In only 3 days the system lost $ 4700, and my account was left with $ 2700 less than before. The system is characterized by risk, in one operation, lost all cattle in several days. Operations are winners at first, stay to the point of losing more than $ 800. Alexander does not fit the market, but it goes "against the market." Despite seeing a losing position, and volume of the market against him, remains stubborn to lose much more than they won. It is an attitude that never gives long term benefits. Puts stop loss then quickly moves when not favor it, losing much more than they had anticipated. I think you have more posibildades to win your money if you play black jack at the casino. If you're throwing your money, this is the right place.
This system is perfect for my IRA account. If you think buy and hold is dead then this system is the answer. Makes money equally in up or down markets. Also, just the right number of trades and he has been spot on with his calls.
The creator of this system, fast respond, good support. But as you can see system has been in green (green) positive for almost 3 months. But you have to have good nerves to get with big drawdawn. I will subscribe again but with a mini account. Standard lot is too big for me with this strategy.
System has changed a few times due to subscriber feedback, and went into idle. Sticking to the system's strategy, one would have missed the past few bullish months, resulting in the broadening the equity curve. Be aware of the chance of loss, it will knock you out of the game, if you don't back your account adequately.
Developer very responsive with updates and replies to questions. No use of margin, which I prefer. Fairly steady rate of positive returns with little risk of drawdowns of 14% or more. Subscription rate and commissions are relatively low, helping the overall net rate of return.
People who look for 100 percent plus returns will be surprised that I give it a 5 star review but I base my rating on the consistency of how this system performed in up and down markets and the low drawdown of about 9 percent in 2009 and of about 13 percent in the backtest from 2001 to 2008.
I also like the fact that the developer provides a separate web page where he explains the system and shows the results from the backtest and the fact that he trades the system for his own account.
Considering overall Risk Reward ratio of the strategy and smooth equity curve, Zero is a good stock trading strategy. So far I rate it as "Very Good" because I am not sure how it will perform in bear markets. For example, during Nov 08, it performed badly when Nasdaq dropped 372 points from high to low whereas in Feb 09, it performed well when Nasdaq dropped 200 points. So I need more evidence re. how the system is performing during those times as this is a long only system. If it passes that test, too, then it certainly deserves five star rating.
Considering overall Risk Reward ratio of the strategy, smooth equity curve, consistency in all market conditions, not taking overnight risk by closing the positions during the day and vendor`s responsiveness, RD30 is a perfect strategy for every trader/investor who has varying risk profiles.
Looks good on paper, but uncontrolled stop losses make this a dangerous system. First trade with system was a big loss for me.
1601040972 GBP/USD 100 S 1.58872 1.61654 -278.2 -2,782.00 -7.20 12/29/2009 20:31 12/31/2009 06:11
i'm currently testing daily income. i am a tad short of putting my review at exceptional b/c i haven't finished my testing phase; but the admin for this system is fantastic. he really cares about his subscribers!
System supplier does not care about other people's money. Look in his description of minimal account size of 50k. The current drawdown is much bigger. Only gambling with numbers.
