Hypothetical Monthly Returns (includes typical commissions and system fees)
|System started||10/5/2010 (32 months ago)|
(Last login to C2: 4/25/12 5:21)
C2 Score: 943
Vendor has created 1 other system. Show
|Status||This system is no longer supported.|
Live brokerage trade data is available for this system. Show broker data?
|Hypothetical Trading Results|
|Chance of 50% account loss||0.0%|
|Chance of 100% account loss||0.0%|
|Average Profit to Drawdown (APD)||0.05|
|Average P/L per unit traded|
I am giving this a fair rating for the following reasons: 1- Risk is handled in a very acceptable manner. In over a year of trading, the average adverse excursion has been very reasonable. 2- Unfortunately, the equity line has been flat for over a year. I've experienced great gains followed by periods where it has all been given back. Now we're told that the subscription fee is going up... I am anxious to see if it will be worth it.
Hello. Thank you for your feedback. Just a clarification. Although fee went up, it is only paid when account is making new highs. So in the unpleasant flat scenario that happened last year, you would not pay the fee all year long.
Wanting well over 2:1 profit factor is not realistic during past months. Letting the last three open trades turn from over +$1,500 on the table profit into -$381, -$398 and -$9 in realized losses is not good trade management. With $150 pay-only-if-profitable subscription fee and about 26 current subscribers according to autotrade data, the vendor will be up with current trading strategy while subscribers will be fairly flat. For all the above mentioned, 2 stars. I hope to see the overall strategy improve here, and not make this system become a subscriber cash cow.
I like this system. I trade it together with the other 6 systems I recently reviewed.
I think this is overall a good strategy if it was not for those brokers like FXCM, MB Trading and OEC Equities keep on hitting those well set stops. There has been at least 4 trades where it could have been profitable or at least breakeven instead it loss a big amount. I personally use IB so I saved a lot of money on those trades cause IB does not try to hunt your stops. So instead of the flat equity curve had this strategy fully been traded on IB it would be slightly up right now.
accepting way too many subscribers, so slowly but surely starting to loose its mojo. Wish he would stick to some limit number of subscibers
This system seems to work well for auto traders but not so for manual traders. Many minor pairings traded with big spreads results in missed winners but guaranteed to catch every loser.
Currently the best system on C2 that I can see. I autotrade and enjoy consistent low risk profits. Risk is strictly controlled at 1-2 per trade, rigid stop losses, limit orders and patience.... all of which is rewarded handsomely. Responsive, courteous developer not interested in flash in the pan performance but steady consistent growth. I will be increasing my exposure steadily to this system moving forward.
This system have a very reasonable win/loss ration and very low draw down. The low draw down will help protect the account so that in the long run it will make money. The developer described his trading phylosophy in the system description. I currently rated as 4 stars and will upgrade it to 5 stars when the system show consistent performance for a long time.
Minimum capital to trade this system is $10,000.
- This System Description text was submitted by the creator of this strategy. Collective2 verifies only trading signals and hypothetical trading results. We have not verified that this text above is an accurate system description. Remember there is a substantial risk of loss in trading. Past performance is not indicative of future results. Do not trade with money you cannot afford to lose.