ES Ninja
"System Description: Professional ES day and swing trading." I am still wondering what was "professional" in this recently abandoned strategy...
THE SUBSCRIBER PERSPECTIVE
Strategy reviews
Real experiences. In subscribers' own words.
Read what worked, what didn't, and what it was like to follow a strategy.
MORE Capital
I've been auto-trading MORE for three weeks, and found it is quite good despite a drawdown recently. It recovered from the DD and still post more than 5% growth for the month. If the system keep running with earning more than 5% for months (I don't need risky bets for 20% growth), I'll be more than happy to change the stars to five!
B1Global
Overtrading = 2 stars. Erasing profits from past 7 months along consistent bad trades = losing an additional star. System overall rating for 2012 = 1 star.
BOB DYLAN SP500
After waiting almost four months for a signal we certainly were not disappointed with the outcome of the first signal of the year. It was well worth the wait.
Index Spreads
Index Spreads is one of the few systems that you can subscribe to and still sleep well at night It has a nice steady return and no big drawdown I'm delighted with Index Spreads and would highly recommend it
Joe
PIPALERT
Extremely dangerous trading system. Monte Carlo simulation shows probabilities of future account loss are huge, while average monthly returns during the last two quarters are only 3.5%. The question is not if, but when. We came very close to the end with 65% DD on just one trade and this easily could have been 65% or even more account loss. It was a miracle that we survive this trade. I would like to see vendor to go through 65% DD while is trading the REAL MONEY, NOT DEMO account.
Zetatech Trading System
I believe it will make money long term, but too much martingale for me. I got burned on those January 2012 big loses
PIPALERT
On 10/20/12 system started a trade which, by tripling down, risked $163,450 (a drawdown of 64.90%) in order to make $3,224 profit. Before that it also had huge drawdowns. Vendor does not seem to have much faith in his own system since he trades it with only one mini lot. Unless the developer pledges not to double or triple down in the future and keeps his drawdowns at a reasonable level this system is very dangerous. Caveat emptor.
Strawberry Rhubarb FX
As a former subscriber and still interested in the system I don't understand exactly the philosophy of Hicks. He writes:
"The model will not increase the initial position, meaning no cost averaging. Effective March 13, 2012, my protective stop will not exceed 50 pips".
But what I see is a loose of:
- 4/5: -83 pips
- 4/5: -71 pips
- 4/4: -67 pips
- 4/3: -67 pips
How is this possible? Not a good base for re-subscription.
Strawberry Rhubarb FX
Losing $10k in two days on an account of this size speaks to a lack of sound money management. If you do sign up, be aware that you are in a for a big roller coaster ride with your capital.
FX Ultimatum ( Terminated )
Vendor apparently tries to use his forex technique of adding to losing positions to his futures system. In addition he tries to hedge losing positions with the wrong spreads often using very illiquid contracts. Vendor does not trade the system himself so he does not have any skin in the game, I should have known better that an initial streak of luck does not mean anything. Maybe he will recover but I will not stick around to find out.
Strawberry Rhubarb FX
Mistakes are made, even by the most talented traders. Hans has shown an ability to do a remarkable come-back once before, and I expect he will again.
Topaz NQ100 M
The profitability of this system from 2007 to 2011 is very impressive. However, recent performance suggests its glory days may be over.
Strawberry Rhubarb FX
I'm out.
A system that is capapable of giving back 10,000 worth of hard earned gains in 2 days is just sad.
It is now a proven repeatable pattern.
XXX
It's clear he needs to do a bit of work on his new strategy.
Losses are still larger than gains.
I'm going to step aside.
Strawberry Rhubarb FX
Created stop loss rules after huge losses, and seeing now that trader deviated its own stop loss rule in the past few days shows me he is just not learning from his mistakes. Now he must learn the hard way - system isn't bad but discipline is very poor.
Strawberry Rhubarb FX
During the February drawdown, I bailed and missed the recovery. This time I'm going to ride this stallion up the mountain. Hi-yo, Silver! Away!
2d
I'm a recent joiner - 2D is a powerful system with one of the best track records and highest accuracy ratios. It is a high frequency system - so yes there are going to be a lot of trades and one has to align the time zone with that of the trader. $5/trade might seem high but depending on what lot sizes you trade yourself, and given the high sharpe, these costs are manageable.
Kudos to a great system and a great trader.
Testing2
The numbers speak by themselves. Over 30% return, 8% max drawdown, average win > average loss. I like the fact that some trades break even (or very small profit) instead of hanging on a position that is not going to recover. Without a doubt the best FX system for a low-risk profile investor. The only problem is that fees eat a high percentage of your return so I would recommend to scale out the system x2 or x3 if you have enough capital.
SuperrPips
I like the alertness and willingness of the vendor to deviate from his preset formula when common sense demands it unlike vendors like Venters AUD/NZD (now renamed VEN FX) who let big gains deteriorate into big losses apparently thinking he had discovered the Holy Grail. And it certainly is not a Martingale system like PIPALERT, for exampple. I still wish though he would use market instead of stop orders which, particular for this system, lend themselves to stop hunting which in fact has occurred in the past.
MORE Capital
Any system that delivers extremely high annual returns is going to have periods of drawdown. So far, I still like MORE Capital.
MORE Capital
It looks like these systems are in a draw down right now with a string of losses. Typically you know you are in a draw down when the system is NOT in sync with the market and day trading become a long term trade if it's a loss. Most developers are comfortable with taking small wins but are hesitant to take small loss and hope that it will recover. From the last week I observed that, a winning trade will be taken if is in a pullback and after taking it, will see it going a lot higher and then another trade will be taken in that direction, hopefully it will continue, only to see it reversed and this process will repeat. This system have had a great run and due for a pullback and so far a few people are expected that and expressed in their system notebook.
Compounding Income Stream
A solid system with nice monthly returns. I have found it very easy to trade manually with very low commissions.
XXX
It's holding the same losing position for two consecutive weekends and bearing ~5% drawdowns.
mini ART FX (AUD EUR)
Was a good system when it was being traded. Have not received any replies from the developer in response to my recent e-mails over the last couple of weeks, so I don't know what the status is of the program these days.