OS Long Only 2
Hypothetical Monthly Returns (includes typical commissions and system fees)
|Strategies||Buy undervalue, Technical analysis, Market timing, Unclassified|
|System started||10/12/2010 (32 months ago)|
(Last login to C2: 6/7/12 0:45)
C2 Score: 985
Vendor has created 3 other systems. Show
System creator requested that closed trades data below be delayed by seven days.
|Hypothetical Trading Results|
|10/3/11 10:00||BUY||33||CMG||CHIPOTLE MEXICAN GRILL INC.||299.00||10/10
|10/5/11 10:01||BUY||33||MA||MASTERCARD INC CL A||306.89||10/10
|10/3/11 10:01||BUY||205||LULU||LULULEMON ATHLTCA INC||48.22||10/7
|10/3/11 10:01||BUY||302||HSNI||HSN INC||32.75||10/7
|10/3/11 10:00||BUY||145||MJN||MEAD JOHNSON NUTRITION||69.17||10/7
|10/3/11 10:01||BUY||569||MG||MISTRAS GROUP||17.78||10/5
|9/26/11 10:48||BUY||249||PSMT||PRICESMART INC||66.14||10/3
|9/30/11 10:00||BUY||628||RGR||STURM RUGER & CO INC||26.69||10/3
|9/30/11 10:00||BUY||239||MJN||MEAD JOHNSON NUTRITION||69.85||10/3
|9/30/11 10:00||BUY||939||MG||MISTRAS GROUP||18.02||10/3
|9/30/11 13:23||BUY||54||CMG||CHIPOTLE MEXICAN GRILL INC.||304.27||10/3
|9/26/11 10:00||BUY||1,459||NGD||NEW GOLD||11.65||9/30
|9/26/11 10:00||BUY||383||LVS||LAS VEGAS SANDS CORP||42.66||9/30
|9/22/11 10:00||BUY||1,371||CBOU||CARIBOU COFFEE COMPANY||12.00||9/28
|9/22/11 10:00||BUY||875||LMNX||LUMINEX CORPORATION||19.93||9/27
|Chance of 50% account loss||0.0%|
|Chance of 100% account loss||0.0%|
|Average Profit to Drawdown (APD)||-0.11|
|Average P/L per unit traded||($0.13)|
|Sum of dividends and cash expir. in model account||$457|
I have been following OS2 for several months and it works. Although there are losing trades, the system has been profitable every month. The pros:- no drawdown yet, though the developer claims when it does happen, it will be very small. Easy to follow system. Instructions could not be clearer The cons - a lot of trades which means checking your e-mail before the market opens and again before it closes because, depending on the futures/how the market is going, planned trades are often cancelled. Also because of the subscription expenses, trade commissions and auto trade costs, you need a large initial investment to make a decent profit.
Thank you for the honest review.
Regarding the planned trades that are cancelled, there are two main reasons for this.
1) An OCA has been issued the previous night that covers 2 or more securities. C2 will automatically cancel 1 or more associated buy orders after this first has been filled. The OCA feature is employed to help prevent margin from being used.
2) The buying power dips below a predefined level. When this happens, C2 will automatically "Cancel pending opening orders when Buying Power drops below" this threshold. The buying power restriction has been implemented to help prevent margin from being used.
No performance can be guaranteed, and the actual real-world results may be vastly different from these expectations
1) High win rate: Greater than 60%
2) Low portfolio draw: Less than 10%
3) Low per trade risk: Less than 2% of portfolio value
3) Average trade duration: Greater than 6 days
4) Consistent and steady profit: Greater than 80% profitable months.
5) Average 6 open positions
6) No margin (See Update 5/31/11)
7) No shorting
8) EOD trade "entry" signals
9) High Correlation to S&P 500: greater than .4
Update 5/31/11: Occasional margin usage will be allowed
For a subscriber that wants to return to the position management that was used prior to 6/1/11 (using no margin) simply multiply the position size being used in C2 by 70% and restrict your portfolio to 7 positions.
An example may be helpful. Letís say my C2 system and your account both start with 100K portfolio.
C2 will initiate up to 10 positions at $20,000 each.
You will initiate up to 7 positions at $14,000 (20K * 70%) each.
The risk of loss in trading securities can be substantial. Investors should consider all relevant risk factors including their own personal financial situation before trading.
While no system can guarantee risk-free or low-risk trading, and while unforeseen events can cause you to lose all your money, we do make a special efforts to control risk
- 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.