mini ART FX (AUD EUR)
Is this system still alive? No trades in the past two weeks and no response from the developer to my repeated personal messages. For a steep subscription price such as this, I expect a lot better.
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Kagi Capital Growth
Certainly one of the best long-only trading systems on C2. Extensive track record, 36% plus average annual return, well managed risk, low trading costs and low subscription fee. Also developer is very responsive. Hard to see how things could get much better.
SuperrPips
I'm cautiously optimistic about this system. On the pro side, dev seems to be consistent with its risk/reward ratio and with his overall strategy, which in is IMHO key for a succesful system. He may have an edge, and his edge may work across market conditions, emphasis on 'may'. On the con side, $89 is expensive when a month is not profitable. Would be nice to see dev gaining TOS status and put his money on the line. Also system is still young and not proven. Time will tell.
SuperrPips
I have been a subscriber for some time. I think that the best indicator of the robustness showed by this system so far is the mildly negative performance of February, a month when most of the fx systems have experienced severe drawdowns.
ndxtrader
Good so far.
Rainier
Z Trading 2
I concur with the last reviewer. The system description states that "You won't see high or extreme rated trades on my system." I leveraged up based on this assumption and got burned. I'm still going to stick with it for a while at a lower leverage since his performance was so impressive up until that miserable trade. If I see another case of "gunslinging" with stops getting pulled or moved 10 points then I'm out.
Z Trading 2
How sad. 1 trade wipes out gains all the way back to October 2011. The worst part is the trade was totally out of character for the vendor. We trusted that he would continue with risk commensurate with the past and he did not. Stops were elevated multiple times today. This is what makes people so gun shy on C2.
PIPALERT
Just hang with the trade.....this is a money making machine.
MORE Capital
I conclude as an observer, and now as an investor, that this is a system with a solid methodology.
WSS_Gold100oz
Great system that requires some capital to trade and a stomach for some drawdowns but offers good return. If you're well funded, I would recommend you add WSS_Gold100oz to your portfolio of C2 strategies.
System 64862505
This is the best system I find so far, the pros are: great trending detection and entry timing; the cons are: waiting for trending reversed can result in reduced profit, and sometime volatility ETFs diverge with market trend, eg. bot TVIX@51.11 on 11/11/2011, sold TVIX@58.96 on 11/22/2011, profit 15%, it went through a complete trend until reversed, TVIX spiked up to 64 on 11/17 and 11/21 two times, the max gain could be 25%. Another trade, bot TVIX@48.10 on 12/8/2011, closed @39.50 on 12/15/2011, loss 18%, in that period, S&P went from 1261 down to 1212. So, how to benefit this system? First, set stop loss order. Second, take profit promptly. Third, be careful with those leverage volatility ETFs such as TVIX, you may consider buying spy calls/puts if you know options.
RTS SPY
Steady growth, low drawdown, I like it taking advantage of major trend moves, low commissions and low volume, spoke through skype with developer!!
Strawberry Rhubarb FX
Every system has its ups and downs, this unfortunately has been on a tear downwards. It seems to be like going to the roulette table and keep doubling down as you loose more and more. If it turns around and gets back on track in the future, I may step back in, for the time being I am staying on the sidelines.
Strawberry Rhubarb FX
With the European crisis heating up in February the markets have been shot all over the place. To actually think that everything would be smooth sailing and trading would still produce stellar results is ridiculous. The developer does not have a holy grail here but he is trying and I am sure he is learning from the experience with his recent changes to include tighter stops.
It's worth sticking in for a while longer to see if he will recover.
Although, I do agree subscription fee is a little high especially for those of us who scale down. Maybe he should change his plan to performance based.
Strawberry Rhubarb FX
System loses months of equity in just two days and has been on a downtrend since mid January, about a third of the life of the system. Dev relies on a high rate of small wins vs loses but he seems to have lost the edge as shown by the recent massive and frequent loses. In response to the recent drawdown developer has bumped up the number of lots traded increasing risk. Positions are held over weekends... Sounds like it's going to be extremely difficult for the system to work out long term.
At $236/month and with many other forex systems coming up on C2 with more stable equity curves, better risk/reward profiles and cheaper monthly rates a it's hard to see the value on 'Strawberry'
SuperrPips
I probably didn't give it enough of a chance. I have to be fair, this system is one of my favorite's in C2. The gain per trade is very good. I just don't like the conditional orders, it just doesn't work well with MB auto trade. The developer seems to study the market for the week and place his orders at the start of the week right after the weekend. It has a sound strategy. Wish him and it's subscribers the best. A 3 star rating for Good.
Strawberry Rhubarb FX
The system was due for a pullback. Now would probably be a good time to start trading the system, if you have not already.
PIPALERT
I subscribed to PIPALER 30 days ago. I think the system waits out times of high volatility and takes its profits in slightly calmer markets. The manager takes profits when they are there. He also takes a small loss in order to exit position which is about to backfire or exit position which went bad but has a temporary recovery. Both are very much appreciated, as I hate draw downs which are all too common for all FX systems here. I do hope we will avoid big draw downs as I am somewhat "allergic" to them. :-) The history shows the manager has staying power and can generate consist profits. I was subscribed to a lot of systems this is one of the last 2 I am running.
PIPALERT
I have subscribed to several systems on C2. This is one of two left. Consistent smart entries and exits and a great record. VERY long history for c2 so you know it is not a flash in the pan. Highly recommended!
Strawberry Rhubarb FX
Someone on the trade of 2/16 opened a position with 1,000 minilots!!
To me, this is just insane. This idiotic move was rewarded with a $100K+ drawdown in that person's account. How is Hans possibly going to make any money with his trades if subscribers put on positions that large? Yes, I know that EUR/USD is very liquid, but if a bunch of us put on positions that big, we're never going to make consistent profits. Professional market traders see these trades on their screens and have much more leverage than we do to force the market in the opposite direction and run the stops.
I give Hans much credit in trying to actively manage his stops to get the best outcome for us, but all of us need to do our part and scale-in with moderation so we can all profit together as a group.
Strawberry Rhubarb FX
Overall the system has certainly been impressive, however, history has shown that double digit monthly returns are not sustainable in the long run and trying to keep a high win percentage at all cost is troublesome. If you look at all the fx systems older than 1 yr with less than 30% dd and CAGR of at least 37% you will find that all have a low win ratio but a high avg. profit/loss ratio. I wish the vendor would adopt a similar strategy.
Strawberry Rhubarb FX
Keeping a position over the weekend is not a good idea . Take the (relatively) small loss to protect subscribers from potential larger losses - especially with potential Euro news. This action has blown up many C2 systems. This approach is concerning as to whether the real reason is avoid another blemish on the win/loss track record.
After taking the big loss with 40 mini-lot positions, the next trade size went to 45 mini-lots. Very aggressive move to try and recoup loss.
Sometimes the trades get stop-loss orders, but then they get canceled. Not sure why. Therefore, the trade is not protected at some times. Case in point is the 2/16 trade, which had a stop loss, got canceled and then the price below through communicated 90 pips SL.
Strawberry Rhubarb FX
I have a few concerns that apply to other successful systems on C2. First, the developer stated that there is a 90 pip stop loss. If you look back through the trades, on 2/16/12 the system suffered a larger loss than 90 pips. Second is the risk/reward ratio. If you look at the amount that the system is willing to sustain as a loss, it can be 10-15 times the average profit. That creates significant pressure to maintain a VERY high win rate. All in all a good system but could do with better risk mgmt.
ONYX
I think this is a good system, but it hasn't performed well in the current market conditions. I traded it for 6 months and didn't make any money. I might have stuck with it if it were a performance-based subscription.