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Forum: System: YM Superior

New?Last PostPosted By#Subject
3/12/06 (16:44)Walter Rines1Some additional transparency
3/02/06 (10:14)Walter Rines2subscription cost

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Subject:subscription cost
Posted by:Kent Sanders  New msg
 
Ignore user's posts for week month forever
When:3/02/06 (9:33) 
 
just seems very high for new system, your not consistantly hitting your 20 point target, i realize new system and have to give it time but for less than 20 points the price seems quite high, if someone trades only 2-4 contracts you would be trading for subscription only, just think about it.
  
 
Subject:subscription cost
Posted by:Walter Rines (Admin) ( C2 Score: 725)  New msg
 
Ignore user's posts for week month forever
When:3/02/06 (10:14) 
Systems:
 

In response to post by Kent Sanders of 3/02/06 (9:33)

just seems very high for new system, your not consistantly hitting your 20 point target, i realize new system and have t...

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Yes I agree - it is high.
That is intentional.

As far as scaling goes, I personally trade the system with 10% scaling. I assume over time as the system proves itself other will do so as well with various scaling factors, but I will be the first to admit that because of the small profit targets, it just isn't worth it to scale at less than 10% (even though you could), and even then only with a super-low discount commission. But thats the nature of this beast, I am just being upfront about it all in advance. If you look at the annualized returns so far, take 10% of that, then subtract the subscription fee, you get a nice return. Of course that spretty meaningless for any NEW systems, but thats why the C2 concept is so great. Anyone can follow along for free, and anyone can even get 2 weeks worth of live signals free, but you can't expect a vendor to give it away for free forever. I have said before and I still feel that as a subscriber it is pure gambling to use real money on a system with less than a 6-month OR 100 trade history, which stuck 100% to its rules for that entire period and did NOT adjust them. Not that I mind being joined early on by gamblers, but everyone should be fully aware of the situation. It makes me sick to see people on here losing money (I have done so myself) just because they TRUSTED a vendor who didnt have a track record. Hell, its hard enough to trust the ones that HAVE track records! Just look at the Hawk board!
W
  
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