unfortunately with this year down 25% and the way the system is trading; I would be shocked if this system performed 25% of its reported backtests.

The reason the developer did not turn off trading even though they knew it was out of sync with the market was because they are not trading their own account and do not feel the losses themselves. They make subscriber fees even if the system implodes (for a while at least.) I really wish managers were required, or at least incentivized, to be TOS certified when trading a lot of subscriber accounts as it would surely result in trading models with less risk and more responsible trading behavior so we could sleep easier. Unfortunately, there 19s aren 19t that many managers who are real traders on C2 from what I can see so far.

This is really bad system and what makes it worse is the system developer's complete lack of communication now a days. System is loosing money every month and there is nothing from this guy. I am certain that he is building a new system ( with great back testing results - I must add) that he would try to sell to those who are not burnt by current system. Terrible system and really bad system developer.

I have been a subscriber since May. As the recent reviewer said, it hasn't been going anywhere. That is certainly not uncommon for systems to have their own consolidation before moving again. But, the sub fee of 299 is very steep without having booked any gains. Probably subscribers could hold out until (hopefully) there are better days, but would need to have a fee of $99 rather than $299, or the developer will see many people dropping out. As for the strategy, I have seen some good gains turn into losses. The system has a hard dollar stop of $1200, which has been hit more frequently these days. But the system has booked some gains, however, the smaller gains vs larger losses will negatively affect the profit factor without some larger gains. Recently, crude has had some good trend days, but the system closes out too early to really get the opportunity to participate in booking some decent days. Without seeing backtest trade results, we can't determine if the system has many long periods of no action, which provides us with a baseline decision on waiting or bailing because of a $299 fee coming out of our account every month.

I made money with this system in November-December of last year and initially wasn't worried when the equity began to go the other direction in January. What made me concerned was when the owner kept introducing new algorithms "with amazing back-testing results". This is called curve-fitting: exactly what I used to do when my own algorithms started not performing as they were supposed to. That's why I'm a subscriber now and not a system developer. The reason I left Emerging S in January (and luckily avoided most of the ensuing pain) is because I seek a vendor who has the maturity and steel-nerves to stay with his system through thick and thin, never tweaking it to suit the unexpected as Keith does. I don't believe Keith will stay with "the original algorithm" because my feeling is that it wasn't very good in the first place. And recent results bear this out.

This system hasn't gone anywhere in almost 4 months. Normally I can tolerate the break even performance and wait for better times (if they come) but the subscription cost requires Zakum to outperform each month and it hasn't done that is awhile

Really good system, had been using Exllence in it's first instance a few year back. Chris is a really good manager, and my result are exactly as what you see on the site. Thank's Denis

The great performance in the beginning is gone unfortunately. He says that the system is mechanical but I believe he is trading discretionary. I was impressed in the beginning but now the system seems average. I hope I am wrong.

To their credit, during the current big drawdown (June 2015) the developers sent several warning emails notifying subscribers that their system was not synchronizing with the market. Fair enough. To their discredit, the developers did not close the positions and wait for the storm to blow over. I may be unusual, but I expect an auto-trade system to be, well, automatic. I travel a lot and I don't have the time to monitor and adjust my positions. Just a heads-up for future subscribers.

Bad management of risk. Typical get rich scheme, too risky and getting out of control lately. Ciao!

You know the saying "the market can stay irrational longer than you can stay liquid?" That's Tranche. The positions often work out in the long run, but the system seems to stick to them through ridiculous drawdowns. The system looked outstanding in the beginning but as of late has incurred some very wild swings. Perhaps in the end Tranche will survive, and if you can stomach the rollercoaster ride, the high returns will be worth it. In my opinion however the volatility is unacceptable.

After losing money on more than one deceptively risky, irresponsible system like this one I strongly advise potential followers to learn a lesson I learned the hard way when evaluating managers and strategies: 1) only trade with managers who are trading their own account with their own money (you can filter by Trades Own Account -TOS- certification in the grid) since this enforces discipline and responsibility when they are eating their own cooking OR 2) they have a very, very long successful track record across all market conditions, and 3) aren't charging high prices or using high pressure sales pitches -- both tend to show they're trying to make short term money off subscribers rather than their own trading skills. Good luck everybody.

Let's get out of here!

I have only recently subscribed to BluStar3X, but so far he has done very well. He seems to be fairly conservative and thoughtful about the trades he makes (usually at the end of the day). He does not hang on to losing positions and does not over trade. VERY happy with this system so far, and will probably up this rating to a 5 star in three months. Will report back!

I have been a suscriber for about a year and I am still satisfied with the system. I have had some great profits during this time. Every system has its drawdown so I am not worried. The markets is going through some major changes now and I believe that Daily Miner is experiencing that as well. My biggest concern is that the developer start to change the system to much now due to the drawdown...

I have been a subscriber since late April. Yes, just before the current drawdown. Terrible timing. At this time, Daily Miner is having a tough time adjusting to the current markets. The futures instruments that this strategy is entering, seem too correlated. This creates increased risk exposure to one side. Currently, we are in 6 positions, and 5 are in the red. Unfortunately, the trend is against the current portfolio, therefore, creating a new higher drawdown period. I can't seem to work out how/why this system determines entry and exits. Since I became a subscriber, I have seen good gains turn into large losers, and when a losing trade is in a trend reversal, and gets back to breakeven, the system exits only to take a new position on the opposite side, which now against the trend, adding to new losses. It would be great if the developer would send communication to the subscribers to maintain the confidence in the system, especially with a new drawdown, but nothing has been sent. Luckily, I have some other trading strategies that is offsetting some of the losses (currently at 10K loss), but not too sure how long to keep Daily Miner. It has had some good string of wins in the past, but I can 19t see how. Drawdowns are like staring into the abyss, not knowing when it will end.

I've only traded this one for a month, but I've made good money so far.

When a developer of a mechanical system totally ignores important fundamental events bad things can happen. On days of the employment report it is best to stay out, not only did the system trade but it did so with maximum leverage resulting in a big loss. The following weekend when the Greek problem loomed large over the market he entered again at the end of Friday, again resulting in a large loss. Very disappointing.

3100 points of risk and 3 days for a 350 point profit target = way too much risk. I suspect the majority of the trades that occur in this strategy are "managed" trades and the investors have no idea how much risk is involved.

I like how this system trades. It is very patient, and patience is the rarest commodity as they say on Wall Street. This system doesn't force trades or over-trades but as you can see (with the returns year after year), it does just as well, if not better, than much more active systems. Keep it up and thank you for being patient (which we aren't).

Martingale system.

I've subscribed to many C2 systems over the years, and this is probably the one I've kept for the longest period -- 17 months and counting. Sure, it only trades one stock that seems to always go up, but the fact that the vendor is able to make solid returns while being long, short and in cash tells me that the system is for real.

Very good return with only moderate DD.. But when I look at the history over the last year or so, it looks like performance would have been better if only the long trades were taken.

Great system. We've been trading this strategy for a few years now and we're happy with the Trader!

Still early days for us with this strategy, but we've been with the Trader's other strategy, Bob Dylan, for a number of years and had no issues. While there has been some big draw downs over the last few months, we are happy to continue with the strategy. The Trader has always been quick to respond to any queries we've had in the past.