A classic lesson that curve fitting does not work in real-life trading. This system is very difficult to trade, as it can stay in the wrong direction for a very long time based on recent curve fitting result, keep using margin hoping to recover loss instead of going with the trend. The vendor is very honest but is working too hard to release NEW re-optimized version into mvp-3 based on recent data whenever large DD happens. This makes C2 historical live records meaningless, no matter how good it looks. Subscribers should not be treated as guinea pigs of the NEW release. The vendor should start a different C2 system to test new system for at least 6 months before having subscribers test it using real money.
One of the best systems I ever came across, trading S&P E-minis.
Has multiple edges over the market and most other systems.
Profit factor (historical) 2.18 - excellent.
Sharpe ratio : 2.72 - excellent
53.5 winning trades, trading only in favorable market conditions, another edge over the market and most other systems.
Strict stop loss ($500 per contract) and strong trade management.
Flat at the end of the day.
As a result 7+ profitable years in a row, annual average return 139%.
Much lower and less frequent drawdowns than most systems: 20.75% of initial equity, 6.43% of total equity.
I strongly believe 25k alpha portfolio and its 3 siblings: 15k alpha, 15k beta, and 50k alpha portfolios are going to be big winners on C2.
Risky and dangerous system, holds 3 index contracts overnight, and over the weekends. Lost almost 7K in last 5 trading days taking large losses on short trades and quicly entering another short 3 times in a row during very strong last week rally giving up all gains since inception.
System is supposed to smooth equity curve of Gen 2 however outweights it in contract size almost 3:1.
The sleep easy system has an uncanny ability to time the market - in reverse. They just seem to have gotten the SSO and SDS symbols switched late in April this year.
Vendor is a nice guy but this system doesn't seem to be working. He has other systems, namely his TUS system that he should be using on C2 - this has been performing well.
This system make turn around but at this point, it's not worth following IMHO
Kept averaging the loosing position. Took heavy loss in the account. I told him to have stop loss on each trade last month but he ignore my suggestion. Stay away from this guy!
I can't believe that as of today I am the only subscriber to this great system. Come on, people, take a look around! The system works like a charm, following its premises even when it surprisingly dipped 24% immediately after opening to subscriptions. It kept on hitting, and now (mid-July) it's on a roll that's will end as system returns to its historic average gains. Profitable, consistent, reasonable, predictable. What else do you want?
No this system is not out of business. In fact there were 3 trades yesterday and one today. (New signals only occur on weekends.)
Performance is another matter. Since it's only a weekly system, it's too soon to really judge. But C2 requires me to enter a rating, so I'll give it 2 stars.
Vendor appears to have given up. At one time, when it was run on EliteTrader, this was a viable system. No longer. No trades for months, vendor website is down, no cummunication from the vendor...
not yet convinced this will hold up in the longterm. Although the system has interesting stats, using all stop orders to get INTO the market exposes you to constant pullbacks. The idea seems to be to get in on breakouts, but you can get clusters of wins and clusters of losses. The losses are likely to shave a small trader's portfolio suddenly. You get most of the new orders on Monday afternoon. Small traders should only put in those trades with SMALL margins, and learn to feel their way through firstl
I was a subscriber. I wish the developer well. He wins one for persistence and for lots of great trades. But the new subscriber must be careful of the draw downs. They are real. I was undercapitalized for this system and got bit three times. You may reach $1M in two years, yes. But it will be a roller coaster ride. Developer, please honor the 55 pip stop you publish.
After going nowhere for a year since last June, a slight uptick possibly linked to the last several month rise. Still has weak, anemic stats of: 1) profit factor (1.2 --- total wins/total losses) suggesting this is mostly a random system and 2) APD (.07 --- avg trade drawdown of $100 for every $7 banked) showing possible unwillingness to take losses. Does not really seem worth trading unless can build on June uptick, with statistics improvements also (at least 1.3-1.4 PF and APD at least 0.15-0.20). System probably more fairly priced at $75-$100, but should be watched, not traded.
Not for IRA's all positions are STO.
Trades opposing Proshares and Ultra Proshares simultaneously and occasionally trades a few options.
The program has a nice equity curve but I am unable to make sense of it.
I would like to hear from others that might have a clue as to whats going on.
This is a "one of a kind" system worth checking out just for the entertainment value of a puzzle.
