EuroPips
I have been with this system for 3 months so far and very happy with the results. I have it auotraded and today I review my account and its up more than 50%. Keep up the good work !
THE SUBSCRIBER PERSPECTIVE
Strategy reviews
Real experiences. In subscribers' own words.
Read what worked, what didn't, and what it was like to follow a strategy.
mwz
After only 9 trading sessions I decided to unsubscribe from mwz. Here were my reasons
- Trading frequency shut over 3 times historical average making $30,000, which I have allocated to this system, too small to be viable.
- Discrepancy between reported and my own performance was too high.
- Vendor did not respond to my questions.
- I did not have a stomach for combination of high leverage, short selling and in some cases >50% of equity going to a single security.
For more info please see robdubik.blogspot.com
PS. Realism factor of 127 is a glitch in C2. It came about after vendor reset trading capital to $100k. Actual realism is very low.
Legacy Merlin
I think these guys at TMG are the most honest and hard working people for the benefit of their subscribers. Sure, sometimes the markets get crazy and no systems work, but their TMG system is robust and when markets return to normal TMG will catch the returns. As you can see from November and after, the system got back on track in a big hurry. Patience is a virtue in this game and the turtle wins the race. A++ for all the guys at TMG and shame on all the bashers.
Quick 1 Day 5% to 10% Gainers
Looks like a good system, but I never received a single alert during my entire 15-day subscription time, could be a long swing period, could be abandoned?
Widow Maker
Same experience here. System is not good for autotrading at OpenECry at the moment. Hypothetically, the system has to make good profits but after two weeks i've lost 20% of my balance in demo
Widow Maker
Stopped autotrading this system this morning. Have followed it using an OpenECry demo account for 10 days, but the demo account got out of sync with the hypothetical trades quite frequently resulting in a significant difference in performance. Lots of order cancellations with some cancellations arriving after order's already gone through resulting in the out-of-sync conditions. C2's sync technology not correcting the situation. Too many transactions to follow the system manually. Looked good on paper, but would barely have broken even after commissions.
slow and steady
I discovered the auto systems experts here at C2 and was very drawn to Craig's S&P index system and impressive results. Since joining we've been bruised a little but I'm confident Craig can regain his pattern of 3 steps forward and 1.5 back that got him to this point. Craig is going to get a few more weeks to coil his spring in a matter of speaking. All system that can deliver over 100% have heathy draw down at times. I'm giving Craig the benefit of the doubt here that his signals and methods are sound. I'll set my figurative stop loss down 20% from here on out with Craig, but he'll not let that trigger. He and the S&P will get in synch soon enough.
No fuss
The trader sends unreliable signals. he make too many cancelation and adjustments to his signals. Also the signals are sent with random times.
Although this is a medium term system, you need to sit infront of your PC 24 hours not only to receive the signals, but also to make the changes/cancellation of the signals. and if you don't do that you lose a huge amount of pips since he use +300 pips stoploss.
I think he does not have solid technical analysis. though, he have very good news and fundamental analysis.
Conservative Forex
So far the best Forex system that i've subscribed to in Collective2.
Very Conservative but still make nice monthly profits with low draw downs.
Pairs Trading QID QLD Scalper
One of my major complaints, more about C2 than this system, results should be based on a more realistic starting number, like $10K. From Aug 1st onward, results with a starting capital of 10 K return is about 20% w/o margin. The drawdown in the last several trades is a higher risk than the returns for these trades has justified. I'll stay for a couple more months, but my present feelings are lukewarm at best. FWIW the pissing contest developing between this developer and the TMG guys…it detracts from what this sight is for. Bashing other systems does not reflect well. Rely on promoting your system on the strength of its results and don't feel that it is necessary to criticize what other people are doing. "Build the better mouse trap and the world will beat a path to your door"
Pannonia II
Vendor personality: very friendly, attentive. Level of trading: amateur. Don't subscribe to this system! After increasing his subscription fee 10-fold, he rewarded his subscribers with a 60% drawdown. Now, the system looks like Pannonia I. Thank goodness I got out during the trial period and didn't suffer any losses.
Very Aggressive #1 - Started 11/13/07
This system is rubbish.
No fuss
I have been thinking about subscribing to this system but I am concerned as to why November is showing a 13% loss. What has changed to cause this drop ?? is something being done about it
Pairs Trading QID QLD Scalper
Don't fall for it. 1) Real-life losing trades far exceed 95% win rate of backtest results developer emails subscribers. 2) Developer's 2 other systems are losers 3) Appears developer has integrity issues: bashes other c2 systems. Nov 29 2007 emails subscribers, "This (trade) is going to be a piece of cake." Trade loses money immediately. 4) Emails subscribers a backtest severely lacking in robustness, includes only 2 years of data. 5) Name is misleading, neither scalping system nor pairs trading, but a fair value prediction system. 6) Directional price prediction is, according to most research is futile (Fama). 7) Sometimes parks orders until 9:28 EST, implying system allows for discretion. 8) Seems to have a limited history as a developer, appearing to have graduated college in 2006.
Foreximo
I would like the operator of this system to explain why November results have been so bad. Have you changed your methods.. why are you down over 20%. I am wondering if if is worthwhile continuing with this loss making system unless there are very very good reasons
DataGlobe Forex
Like any system, it has its ups and downs, but in the end my account is positive so I'm happy. Let's keep the profits coming. Although the draw-down in the beginning was a little larger than I like, the end result has been profitable. Four stars out of five.
DataGlobe Options Elite
Profitable! Restored my faith in options trading... I've subscribed to several DataGlobe systems... These guys seem to know what they are doing! Very satisfied with the trades, I've been able to match the system trades manually with great accuracy.
Currency Options
Interesting! Currency Options are an exceptionally profitable way to follow the currency markets. HUGE profits to be made here! I made over 400% on YEN calls... This one's a keeper...
mwz
Good system. Honey and open mind system vendor. Low subsription price. Highly recommend!
No fuss
It is a long term trading system and the trader does not like to take profits and turns the big profits to loses. At some point you feel like that the trader does not care the system at all. He uses max-350 pip stop-losses which are very wide. So you need some serious account to trade this system and it is not definetly for short term traders. Despite the negative facts, he is a very good trader and performance and drawdown figures are really good, at least better than most of the traders here.
extreme-os
I think extreme-os was good in 2005-2006. I agree with Low realism factor with commissions. Since January after slippage and commissions lost -15% of account. This system good in C2 records only. Vendor decided don't change system until will have negative year. Result,- extremaly high drawdown and volatility not typical for this system.
DataGlobe Forex
The equity curve may look choppy, but I've been able to bank nice profits with this system. I've subscribed to several of the creator's systems - and am frankly impressed with their ability to profit in a variety of markets. System creator seems friendly and responsive to my questions. This and their FX-II are my exclusive forex systems on C2.
WT - Discontinued
29213822 STC 17,155 ATS 1.95 1.95 0.00 11/19/07 9:30 ($21,786) $37,133 : I wonder how this trade was filled at 1.95. My Broker told me the opening was 1.81 bis to 1,95 offered. My execution was at 1.81!
WT - Discontinued
The system is easy to use. Fills have been no problem at my broker. I subscribed to buy time to thrash out my own systems. Now, I have decided to continue to use Weekend Trader anyway in an attempt to diversify systems instead of just diversifying stocks. I don't auto-trade, so the number of trades and the amount of work matters to me, as does the number of trades I have to report to the IRS at year end. Weekend Trader takes very little time, allowing me to work on other strategies. I'm glad I subscribed.
No fuss
doing very well till now, nice results, limited risks, good money management, lets hope for a steady continuation