Ive been very impressed with this strategy so far, I am also a trader. The strategy continued to trade through the recent minor pull back in the SP500 and although going down slightly for a few days a full recovery has been made and off to new highs for my account. highly recommended
It feels like he is not using SLs. Had a great December, just to loose it all in the final day. Did another 26% in January, just to loose it quasi all on the final day of the month. What is going? This used to be a good strategy, but the guy is over-leveraging / using too many contracts and not cutting early enough.
Works as advertised, I do wish there was a little more hands on control especially during periods of high volatility. Such as taking profit, lowering exposure ect...
For a long time, it has been managed as low draw down, modest profit strategy. Then it blew up wiping out all of the gains from the last year. Not sure what happen to the manager as there is no communication. Proceed w Caution.
Very Good strategy. Owner is very communicative about what is happening and thoughts about the market. Just be aware it does not perform too well in a sideways market. So if you get started during a sideways move, just be patient.
Sofar it is working great and the equity curve of the last year makes my heart beat faster. If it were like this always .... I would certainly not object :-) Thank you.
So far this strategy has been very consistent and profitable. The main driver of profits is cash-covered puts. There aren't a lot of trades so it's quite easy to trade manually and, with no use of margin, it's suitable for an IRA. The strategy leader is very responsive and professional. I may have found a keeper.
This guy knows about risk and it comes thru in his system. Sometimes I am surprised how much this system gives back on a trade, but big swings equals big profits which is on this systems track record. 11% DD as I spoke about. There is a reason this system is/has been in #1 slot. Best system on C2 IMHO.
Good strategy; excellent return to risk performance. My suggestion to subscribers would be to stay with the strategy for a year at-least to get good returns. Trying to time your way into the strategy will not work. Also do make sure you join all the positions in progress. The positions seem to support each other.