Collective2

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.

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!

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.

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.

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.

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.

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.

I signed up for this system a few weeks ago, and granted that is a short time to make a review in, but so far it has been extremely disappointing. It has so far slashed its budget in half. Evidently I signed up at the peak right before the crash, of this system. Here's hoping that Mikhail can make a recovery quickly, because soon at least my account will be bankrupted.

Over the long haul, system consitently performs well. But, since there are no stops, I would prefer that the mini-lot positions be spread over 5 different pairs (i.e., 5 different pairs with 70 mini-lots per pair). Now, for example, 210 mini-lots (i.e., 60% of capital) are devoted to one pair and the drawdown is up to $65,000. In summary, since there are no stops, more diversification is desired.

seems ok so far...big drawdowns troubling.. you will have to manage stops and profits in order to sleep at night

Seems a good system I am just concerned that he didnt have stops

Indeed, its a remarkable system, the statistic values (APD, Win%, ...) and ave risk is very comfortable - but I dont understand the moneymanagement of trades running big into points and the next day loosing them twice. So the only negativ point is: How much loss until accepting the failtrade

The system is a profit maker no doubt...But we need to have stop losses and limits...to control the gains and the losses...and sometimes we feel that the system maker does not watch it...

I'm new to forex and was looking for a service that provided signals on trades. I've executed a number of the trades over the last few weeks and its made me some decent $. The signals are specific with not stop, target or analysis behind the trade, but frankly as long as I make money I don't care. 100 wins out of 108 trades since they started is pretty impressive. I hope to continue with them and the wins.