GFCM fx2
This system is a failure (I'm licking my wounds) - no response from the developer to his PM's - sin up at your own risk.
Major setback to anyones account.
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positive forex
After some excellent results that lasted for over a year, the vendor has demonstrated an act of reckless money management on a grand scale. The vendor's failure to acknowledge this or reply to any correspondence indicates an unprofessional and irresponsible attitude.
I would strongly recommend against following any system offered by this vendor unless you are prepared to trade manually and set your own stops and drawdown limits.
ATForex
well... system without stop losses
Fortune Cookie @ES
System looks great, but will not autotrade properly. Limit orders often don't get filled so autosync takes over and fills at market order price significantly different than limit price. Also, sometimes get fills on orders that are being cancelled, putting trader at mercy of random chance of what market price autosync will close position at.
Small Cap Fundamental Value
Trading system doesn't fit my trading style. I would need a larger outlay of $ in my portfolio. So far i can only see one trade that has made any money TBSI.
ATForex
He knows what he is doing, watching his steps though
no longer trading
I think this system has shown steady performance so far. It outperformed the S&P 500 index (after adjusting for risk) over nearly its entire history. Let's hope it'll continue its excellent performance. ST
http://scitra.blogspot.com
Obsolete3
Pros:
- Good stock selection during the last run of prosperity
Cons:
- Hedging (not on C2, but in the weekly updates) not entirely effective, may be more effective with some short equity positions
no longer trading
caught out big time, subscribed one week before the crash... i've sold out and decided to spend what's remaining on a holiday!
positive forex
I've subscribed on 7/10/2007, awesome numbers, awful system!!! Get away from this guy! At least I was paper trading, and lost only $ 45 x 2.
mwz
Excellent and steady equity curve. Keeps making money through latest market meltdown while 99% of the C2 systems lead you to a poor house!
Generous trial period.
The only drawback, needs constant vigilance and attention since time frame is very short.
Autotrade do not have enough track record to evaluate autotrade alternative.
no longer trading
One of the systems trying to catch falling knife, hoping and praying for a reversal. That,s why previous reviewer gor "good fills" being days or week late. Would not risk a penny on this one.
positive forex
mikhail nasonov seems to be a gambler. He had a really good and steady start but then crashed. No money management, no stop losses as stated is just an account killer. Can not be recommended anymore. I am going to unsubscribe to it.
positive forex
It appears that author has vanished along with profits in this system. The author does not reply to emails and it appears he doesn't even visit C2 anymore. Stay away from this.
VN Forex Club
Again (like with the JPY), Si tries to trade against major trends, 8 losers in a row are a tough call. I am not sure wether the reason for these losses lies in the change of his strategy or the weird markets right now. I would like to know the reason for certain trades but he maintains everything secret. Maybe it´s better to sit back and to rethink the strategy...
positive forex
this system is a big scam , the developer are days that dasn't login and at this point i have some doubt about collective2 because why they accept a system and a person like this one
positive forex
The draw-downs are excessive and too much to handle. In the current situation betting on a single currency (AUD) in different pairs without stop-loss is extremely risky and bound to ruin to system at some point.
Currently the draw-down is at 31% in 3 weeks and I have no idea how much worse it will be without any stop-losses.
Draw-downs are part of the trading business, but when the system bets on the same currency in multiple instruments without stop-losses it will self-destruct quickly when the markets move against it.
I also hope the system developer communicates with his subscribers during adverse periods instead of being inaccessible.
I subscribed in end April and I have lost money on this systems even after 4 months.
positive forex
Its baffling how this system has done so well in the past. Leaving positions open for weeks without any stops is bad enough, but betting all of your different trades on just one currency gaining value (long AUD in this case) is just too dangerous!
positive forex
Vendor got into a loser, didn't deal with it for a long time, finally logged in to enter two more losers... haven't seen him for days. Poof! He is gone, and you are left with the baggage. There should be no tolorance for this behavior by C2. Unsubscribed.
positive forex
I think this system is not able to cope with current market conditions. Money management is bad, all positions carry correlated risk. The author does not reply to questions, and does not even visit C2 regularily. Maybe he is on holidays. Forget it.
positive forex
This is by far the worst sytem I have ever used. Know when to throw in the towel. 22.63% DD and continuing is unacceptable. If you like buying at the high's and selling at the lows then this is fo you.
JYDRA CHEW NASDAQ100
AVOID - This is an out of control system with little discipline... bleeds money as quickly as it sometimes gains it. Sometimes, there seems to be no rhyme or reason for the trades it makes.
Fortune Cookie @ES
I have autotraded this system and it simply doesn't work. Even if you stay in the sync mode.. The trading is nice however. I wish the vendor would use a better ordering system so it can be followed with auto trading.
positive forex
The drawdown is ridiculous. The system vendor just refuses to accept the loss and close the position. A system like that is destined to be wiped out one day. I am unsubscribing and would not recommend anyone to tarde this system.
positive forex
This is one of the systems that doom to have dramatic drawdowns and potentially be wiped out sometime. No stop loss or win. No hedge. No risk management. Bad money management. I would not recommend this syetm to anybody here.