Collective2

Use system at own peril. Although winning percentage is high, vendor uses no stop losses and waits for reversal back. Very dangerous as can see from closing trade on 7/15/10. Need an iron stomach for those drawdowns.

I dropped the system after it went from a fee of $60 per month to $60 per profitable trade. If you use a stop loss you will most likely stop out of your trade. I never got a chance to give a good review as the fee changed right after I subscribed.

This system has no risk management at all. It relies on waiting until the prices become profitable which may not always happen. Charging $60 per profitable trade recommendation is very expensive unless you are trading a very large account. This type of pricing further encourages the reckless risk taking behaviour by waiting until profitable to ensure the fee to the provider.

The system actually has two sides. It provides nice small returns on a study basis. However, if you look deeper, this is mostly based on allowing several magnitudes higher intermediate drawdowns, as the system does not handle any kind of stop-loss - and perhaps reenter later at a more favorable price. So, the question is: are small returns the high drawdowns worth.. you may risk all this.. - everyone has to answer this for one-self. But if you trade it: trade it only very small leverage..