TFG
Honest vendor that tries his best to control risk and take high probability trades. Very pleased so far.
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.
EXLENCE
Need good nerves.. and a big account. It´s a "waiting for the big one" system - that big one does come once in a while. Does it offset all the losers? We will see..
Spy options
My advice: trade what you see and don't trade what you think..
QQQ Oscillator
It is too bad the vendor doesn't communicate ... at all. There isn't a significant system description nor any replies to private messages. We are holding a pretty big loss now for two weeks, it would be nice to know more about this system. I would be willing to revise my review if there was better salesmanship by the vendor.
Pipsociety
Pipsociety is exactly as advertised. The trades taken are have large take profit and stop loss values and are infrequent enough that anyone should be able to experience almost identical results no matter your broker.
The trickiest part for me is determining my lot size. I've been using a ratio of my balance to the system balance. and applying it to the lot size of the called trade. For example if I have 50k in my account and the C2 account has 150k I know I have 1/3 the money as C2 account so I take 1/3 the position that is called.
If you are looking for a system that is profitable, laid-back, and more importantly REPLICABLE! Then look no further.
Market Mood Oscillator
There are a lot of things that MMO is not good for me:
1) Orders always at market or @stop that has already been crossed when you check, means you have to check mail every 10 minutes (no autotrade here).
2) NO STOP LOSS with orders.
3) Too much fluctuation allowed. Look at the chart. Cut the losses please....
4) Comments on email are fun but "moody". Example: A)"In case the dollar goes up, we want to be ready" selling 11 contracts before it happens or "If it goes as we think, stock market rally and dollar recovery, the Yen should sell-off as well" And it sell 11 contracts again..... TOO RISKY
5) Orders are given anytime during the day, not before opening with a stop order.
6) Only before market opening, stop entry with stop orders systems should have anything above 60% imho.
Market Mood Oscillator
MMO appears to be a truly novel approach to trading. Based upon mood oscillations in the major market-affecting components of society, market moves are inferred from these trends. In other words, MMO is based upon the premise that people move the markets, and not the reverse. All of this is explained in considerable detail in the vendor's monthly newsletter, along with (get this!) predicted trends for the entire month. The system, while still quite new, has racked up some amazing statistics, and returns thus far have been great. MMO is utterly fascinating, and certainly bears watching closely over the coming months.
CHF.VolaBreakout
I trade with pretty tight spreads, and have watched 4 live trades. I was stopped in the trade on 3/11 and then stopped right out - yet C2 showed a huge gain. Also on 3/26, there was a short USDCHF trade. I put my stop 1.5 pips above the posted stop and I was stopped out. So unless you trade where C2 does - I guess I would recommend to avoid trading this system at your own broker.
unsupported
10 losing trades in a row.
Bottoms up
David is an extremely astute trader. His commentary alone is worth the low monthly subscription fee.
Spy options
I have been monitoring this system for a couple of months and paper traded for a month. After watching a couple of months I decided to trade the system in my account from last week and immediately reaped benefits. Very easy to follow the signals and replicate. This System's developer David is very knowledgeble and responsive. I shall trade it for a few more months and re-rate the system.
Discontinued.
I made a mistake subscribing to this system. He entered a bad position more than a month ago and seems to be holding on just with the hope that it will get well. Refuses to supply backtest results of individual trades, just gives year's % gains...it's policy. Fool me once, shame on you, fool me twice, shame on me. there will not be a 2nd month.
DataGlobe FX II
Powerful! +700 pips in a "bad month." +1500(+) pips in good ones! I tell everyone I know about this system. I trade it manually and it is very easy to follow. Price was lowered - I don't know why. It was cheap before but now $49 per profitable trade is stupid cheap. I trade 2 lots (they warn about overleveraging) and make an average of $1K-$2K per profitable trade. Losses can be large but inefrequent, and the winners far overpower the losers. Don't get greedy with lot sizes... you'll make plenty even with small sized lots. 5 stars!
FridayTrader
This system is suppose to give a trade monday and close friday. I have been signed up for this for 2 mondays in a row, no trade signal yet. What's up?
QQQ Oscillator
I like the system but the vendor lets profitable trades turn to losses or reduced profits. System need to take profit often.
PTE Daily
This guy really knows this particular pair and how to profit from it. I've been subscribed to the system for a little over a month and have had about 25 profitable trades (for 20 cents per share minus slippage and commissions) and one small loser (for about 10 cents per share). I don't trade from the C2 signals -- I instead trade based on the short-term advice he posts before the beginning of each day (telling what direction to trade and the spread thresholds to trade at). My only reasons for not giving it a 5-star rating are 1) It is not a complete system that you can dedicate a whole portfolio to (since only one pair is covered) and 2) for those trading from the C2 signals, some profitable trades are missed by the system creator.
Overall, I'm very impressed.
Spy options
Still a new system, but so far has been very profitable and easy to replicate manually. Developer has been very responsive. Good for small accounts. Recommended.
"One Trade a Day" in the Dow
Since Dec2007, the system only traded seleted days, but is still subject to randomness. This system tries to time a rebounce (guessing the morning or afternoon) for the next day in YM. However, as technology advances, the rebounce happens at a faster pace year over year. Maybe the system should target 2 hours instead half day and make decisions as late as possible (not last night).
Retracement-Value
The vendor had over 2 months here to show with real, validated trades how he made the 300% profit he claims he made in the Fibonacci-Value portfolio at Intelligentvalue.com during its first 12 months. The Intelligentvalue.com closed trades are faked: they use the buyprice as the previous day's close, after the vendor has already confirmed a significant gain in the stock on the day the alert is made. At C2 he can't use such fakery, which is why the equity curve here is real and the equity curve in the Intelligentvalue portfolio is faked. Don't fall for the Intelligentvalue systems and don't fall for his C2 systems either. The only wonder is why this guy would expose himself to the truth at C2.
EuroPips
I have received a mail from C2 that the owner of the trading system, Larry FX, will no longer allow "Free AutoTrader Subscriptions." Very nice. He could wait (at least) until we'll resolve the money we have lost at him since mid November.
EuroPips
I have been with this system for 3 months so far and very happy with the results. I have it auotraded and today I review my account and its up more than 50%. Keep up the good work !
mwz
After only 9 trading sessions I decided to unsubscribe from mwz. Here were my reasons
- Trading frequency shut over 3 times historical average making $30,000, which I have allocated to this system, too small to be viable.
- Discrepancy between reported and my own performance was too high.
- Vendor did not respond to my questions.
- I did not have a stomach for combination of high leverage, short selling and in some cases >50% of equity going to a single security.
For more info please see robdubik.blogspot.com
PS. Realism factor of 127 is a glitch in C2. It came about after vendor reset trading capital to $100k. Actual realism is very low.
Legacy Merlin
I think these guys at TMG are the most honest and hard working people for the benefit of their subscribers. Sure, sometimes the markets get crazy and no systems work, but their TMG system is robust and when markets return to normal TMG will catch the returns. As you can see from November and after, the system got back on track in a big hurry. Patience is a virtue in this game and the turtle wins the race. A++ for all the guys at TMG and shame on all the bashers.
Quick 1 Day 5% to 10% Gainers
Looks like a good system, but I never received a single alert during my entire 15-day subscription time, could be a long swing period, could be abandoned?
Widow Maker
Same experience here. System is not good for autotrading at OpenECry at the moment. Hypothetically, the system has to make good profits but after two weeks i've lost 20% of my balance in demo