DeltaHedge
I'm out, 7 days free and 30 days at $250 and I am down about $10K, ouch! I autotraded the whole way. I like your grandfather's saying, just not the system performance or commission charges.
THE SUBSCRIBER PERSPECTIVE
Strategy reviews
Real experiences. In subscribers' own words.
Read what worked, what didn't, and what it was like to follow a strategy.
Pegasus
Spy options
This has got to be the most entertaining system on C2. It will make you laugh, cry, scream out in terror, and cheer for the home team. The review is based solely on the entertainment value. If you want to evaluate its merits as a trading system, then just look at the equity curve and the stats.
mvp-3
Outstanding performance! Ton of support by vendor.
Thank you Steve for offering this excellent system.
Ilyas
4 Point Stop in the S&P
My Problem with this vendor he did not follow the his stated objective of 4 point stop loss but allowed around 17 point loss. This shows me He forgets his objectives and trades according to his whims and fancies and it looks like he traded sincerely first week system started after that he just did not care. I don't feel comfortable in allowing vendor to auto trade my account
QQQ Oscillator
I subscribed and unsubscribed to this system a while ago. Looks like it has its ups and downs, but overall performance is quite good (just commenting on the publicly available stats). I think that the vendor's reticence has just annoyed the subscribers into issuing negative ratings when the system had some draw down in April/May 08. oh well!
Boffo
No explanation necessary, the equity curve speaks for itself. The only reason I don't give it 5 stars is because it is so young. I hope and pray that the trader does not loose his golden touch.
Have Fun Intraday
One trade, (winner or loser) is around 25$ of subscription cost. There are about 3 trades a week. The system goes against the trend and tries to catch intraday bottoms and peaks. A very hard trading technic that only a few master. The system is also discretionary however it is performed like a mechanical one, not taking into account market sentiment and psychology, what I expect from a discretionary system.
TRENDSETTER
Boldly ignoring the APD, I tried one trade of this system and immediately got what I deserved: the biggest loss in the history of this system, proving that this is just another buy & hope & averaging down system.
Market Mood Oscillator
Disregard the other review. This system based on flawed logic (clothing color and moods). Add to that a huge drawdown, which is likely in the future. Banning of others on forum is also a warning sign. This system is based on comparing clothing color and mood of CNBC staff to the market for a month. HEE HEE HEE lol From Cari’s paper (logic of system) “The collective mood of the CNBC staff before the market opening each day for 29 trading days was determined through scoring the clothing color and the mood of the commentary. They were scored using the One Wheel system… Probably a roulette wheel ROTFLMAO
Index Spreads
I am manually trading this system for 3 months now.
This system buys and sells OTM calls and puts. There are always 2 "legs". One leg will always loose while the other one is in profit. The difference is your profit. Very easy to follow and a very helpful vendor.
Have Fun
The System doesn’t works now. I think it would be better to choose another system. The average per winning trade is 1200$ and the average per loosing trade is 1533$ in the last four month. But the win/loss ratio drops from 80% to 50%. It was a very gut system, but it would be better to wait until the win/loss ratio arises again to 75%.
TRENDSETTER
Nice steady pace. Well managed trades in forex. The system is suitable not only for auto trading. Signals are clear and sent during congestion so there is plenty of time to enter a trade. The vendor keeps eye on trades and although he is not very communicative he is very prompt in responding to your emails. I trade the signals manually and I’m able to achieve the same or even better results than those presented in C2.
“Keep doing a great job and don’t forget on us – subscribers who’d like to stay in plus”.
MyNexTrade.com
Good picks, terrible trading discipline. Wiped out my forex account and 50% of my futures account in a couple of days. Stay away.
FX Signals
I am surely disappointed.
I was pleased with your performance, and was watching closely your strategy. I was planning to place a very substantial sum, and I mean substantial, into your fund. Regrettably one day you appear to have placed very large trades, and neglected to follow them up. After making profits, they reversed sharply to make substantial losses, wiping out over fifty percent of my funds in a few hours. You had no stop loss levels, no trailing stops and obviously did not apply the basic principles of Technical Analysis on that day.
PERSISTENT
If you want to trade a consistently profitable day trading system then this is it. I have been looking for a system like this for a very long time. The developer is very honest and really wants the subscriber to succeed. Plenty of time to enter signals. Of course there is a little bit of slippage sometimes but what system doesn't? The developer knows what he is doing and amazes me everyday with some of his excellent trades. The developer believes in using proper risk to reward ratio which is a big plus. I honestly believe this is one of the best systems on c2 by far. If you are interested I would hurry up and join because I bet 20 spots will be filled up very quickly.
In case you wonder, I don't autotrade this system. I am not sure why it says I am an autotrader of the system.
Index Win
Now, here is a guy I've grown to respect. Gabi knows his stuff, and when I disagree with him I'm typically wrong. If I had simply followed his trade advice instead of debating it I would be a lot richer today (7/24).
He is sometimes a bit too early in his signals (a day or 2), so maybe pausing to think before acting can be a good thing - but don't wait too long!
Easy to follow, few trades, small bets, however he does not like stops and will be whistling through the worst drawdowns, waiting for the market to "correct itself" (follow his logic). Scary, if he weren't as right.
For this reason, if you don't have his cold blood you may want to setup autotrade and never look at the open trades. Just wait for the closed ones to arrive via RSS - for they typically bring good news.
FX Signals
Huge drawdown yesterday ended with Margin Call on my (demo) Autotrading account! I'm glad it was a demo!!!
MyNexTrade.com
When a drawdown occurs - stop autotrading this system and run for cover!! I had to manually closeout positions to save skin. Good trader in normal times - just use money you can afford to risk.
FX Signals
What happened to 'risking max of 20% drawdown'? We're currently at 40% and seemingly rising.
MyNexTrade.com
Well done. A typical example of how a pure trade management can blow you up an entire trading account.
MyNexTrade.com
PRIDE is the main driver of this system, going UP or going DOWN.
Managed by a self-reliant trader convict of his ideas, who is unafraid to make huge bets on his beliefs, this system can deliver loads of money when he is right. But when he stubbornly refuses to admit that he is wrong (even when the market gives him a break as in 7/21) then disaster is the next logical result. Good luck should he drive you into a wall going at full speed.
Catch A Wave (small margin futures)
I did subscribe to it for a month and had it autotrading my account. Overall balance was positive, however I wasn't confident the vendor could understand well such diversity of markets, each with its own nuances. So I stopped autotrading. THANK GOD! Just a few days later (7/22), disaster: "What an awful day! Unbelievable! I just wanted to let you know that I didn't do anything different today than I've been doing- I didn't lose my mind, in case you were wondering. I didn't deviate from the system in any way, or exceed the max 7% risk per trade."
Have Fun
A few other systems I subscribed gave much better results than this, and cost 1/2 to 1/3 of the price only. If it charges $199 per month with infrequent trade signals, I would expect the prob of win is > 85%. This proves that higher price does not mean better!
I think that I would have traded better by just flipping a coin than by using this system. So I've un-subscribed it and never looked back again.
KatioriIII
This is one of the worst systems imaginable. I've lost 20% of my capital in one week with constant trading causing vast losses in fees and commisions.