Seems to have lost it's mojo. On the biggest up day of the year the system sat idle. Don't know if it will be able to regain it's winning ways or continue to stumble like so many other past winners on C2
Trades like an experienced trader, using good risk management. Also trades a couple of different markets so there are plenty of trades taken. His stats tell the rest of the story.
I subscribed at the wrong time but trading high lot amounts on a jobs report Friday during a week of tumultuous activity in Europe was not good trading.
WARNING!!! ----- STAY AWAY
This trader gets greedy very easy and becomes very dangerous plus as a system 80% of the trades start going against you immediately, the stops are set far away with the idea of capture a small gain if the pair returns to the entry point, but when it doesn't see what happened at the end of May 2012.
I'm happy with this system so far. The developer is very experienced, uses targets and stops, and doesn't double down. Nice to have money invested outside of the stock and bond markets during all of this central bank craziness. Working well in my OEC account, no execution issues. Four stars for now since the track record is just getting started.
System has missed majority of down move trading long and consistantly losing on these trades. Often buys at highs and sells at lows of market moves. Probably better as a cntrary indicator!
I've been autotrading More Capital for a few months and it seems to me that the developer has now lost confidence in his own strategy. Average loss size is rapidly increasing while average gains do the opposite, to me this is a much worse sign than the present day drawdown which is still acceptable. Explanations by the developer about his trading behaviour are not always understandable
Well, not so good during the past month (note the equity chart is messed up on April 22). Extra stars for the honesty / openness to display the number of current subscribers.
The system vendor is boastful, claiming to have found the holy grail of trading. As usual, the markets have their way of sobering up those who think they have figured them out. Just another loser I'm afraid.,
Takes small profits quickly and lets the losers run. Would like to see the opposite. It had nice gains during the market run up, but just making my broker happy now.
I have been auto trading MORE Capital for 2 months now. My results have not been very good. Commissions, subcription and auto trade fees I dont think I have made any profits. 65 percent win rate and losing amount nearly equal to winners makes this system break even at best. How many starts to you give a system that hasnt produced??
Blew up after a two-year long run. Developer sticks to his long-successful technical indicator system. My take-away: Since the market is always right, a trader has to allow for the market changing its mind, technically speaking, even after holding something as gospel truth for years.
This is a very efficient system. When assessing a system in C2, the single most important thing to me is the risk-adjusted return. I rather leave a few dollars on the table than have to endure a massive drawdown. In terms of risk-adjusted returns this system is all what I want. High Sharpe, very low drawdown (so far) and very few trades so I’m not making my broker richer. I’m making money and I’m not developing an ulcer every time the manager opens a position.
I think the last reviewer must be a recent subscriber. This is a good system. Vendor uses stops and limits, winning % is higher than 50% and avg win is greater than avg. loss. Sharpe of 3.7. Anyone who has stuck with this system for at least 2 consecutive months has made money. You can sleep with this system - you are not going to lose your account in 1 day like you can with other C2 systems.
With 60% profitable wins this system's average loss vs average wins is out of balance. Entry points were good but for some reasom the trader is not able to realize profts (above 40-50bps) but rather waits to the extreme and loses out in the end...I experienced a few time good profits that turned into bad losses just because it wasn't ralizing profits on time
Awesome system!!! Although it doesn't trade much, it handily beats the market & just about everything else out there. With an 11 year track-record, this is a proven money-maker over time! This is one of two systems that I actually trade on C2.