This is an outstanding trader. The results speak for themselves. Occasionally he will keep a position on through very large drawdowns and at those times I've questioned if he was simply falling victim to his conviction, like so many other traders who go bust. But no, Trejos has good reasons for staying in a position and is not afraid to take a loss when a trade goes against him. When you see those large drawdowns, it's because he strongly believes the market will turn. And he is usually right.
Overall I recommend you keep your scaling low and don't get greedy. This is an excellent trader with an excellent track record, and at 1000% yearly return you can afford to scale down and take slower growth with less risk. You're already highly leveraged when you trade forex. Just scale down and enjoy watching your account grow.
Have been trading since inception. Consistent and easy to follow strategy. With the portfolio growth and more expensive stocks had to scale down or be selective on what trades I follow. Recommend trading smaller number of contracts assuming you start with 50-100K. Can blow you off if you don't have enough cash to get assigned. One of the best strategies on C2.
I subscribed this strategy and I won a lot of money during 2 years. Recently when the Feb 5th crash happen I close the subscription. It was really a mistake. You can make money but you have to close the computer.
I personally like this trading system a lot. The manager has been very consistent with the trading rules. Even facing few months without any trades, the system was kept to maintain the same rule and make sure the same gain/risk ratio is achieved. Even facing the crash in early Feb 2018, the system did just fine. I would recommend this system to any trader who is used to mean reversal approach.
In my opinion, Best Trend Following Trader here.
Danny is a smart guy with lot of study hours in his back about markets. He know what he is doing, he always follow his rules even better than a computer would do.
You have to understand how trend following works and align with the ideas of Danny and others trend traders and follow him ini the good and bad moments, his (theorical) performance talk by it self.
Im following him since years back and feel very fortunate about all knowledge i learn thanks to him.
Excellent strategy and responsive Trade Leader. I’ve subscribed for years with great results. I’d recommend IB or other margin-friendly broker, however. Recent experience with TDA was a nightmare - forced sales due to lack of flexibility on margin requirements.
Was fine for awhile, then just went flat or negative over a 6-month period. Often seemed to have signals completely opposite of the direction the trade went.
This is a really bad strategy and ever worse developer. When this drawdown happened, most of the subscribers have lost all the gains of last 12 months and this guy is not even responding to questions anymore. He still has not learnt the lesson about using stop loss. He opened a trade yesterday that had a drawdown of around $12,000 this morning. But no stop loss and no try of getting out. This guy keeps buying and keeps averaging down. This is not a TOS system and someday you would loose all the money. And he is awol now - no response to any messages. Stay away.
I tried to follow it with more than sufficient money in the account but nevertheless I received margin calls and Interactive Broker closed the position at the worst moment. It does not make sense to offer strategies if the margin requirement of the broker is not taken into account...
He add to loser positions, what in the end have blown up the system, he usually don't do that but now he change his way to trade and the result talk by it self.
Initially checked all boxes but on the first correction I witnessed, the strategy kept doubling down and ended loosing way more money than it should have. It feels a little bit too much like a martingale.
