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.
VN Forex Club
Si, I am new subsciber to your system. I was wondering why you decide to make change to the system given that your past results are doing very well. Is there a chance you would switch back to the original system ?
Eternal Return Trading - SwingNQ
The system did not handle well 7/26 to 7/31. Because the system use the same fixed target and stop. This does not work at extreme VIX, check the chart on 2/27, 3/15, and 7/26 where the DD starts
VN Forex Club
Even with recent drawdown (which will happen with most systems), VN performs well and really isn't that hard to follow the signals.
S&P profit finder
Too much slippage and delay for auto-trading, especially in a fast-moving market where scalps average around a point or so. I also notice a delay between the signal posting on C2 and it hitting my brokerage, which makes things even worse in a fast market. I've also noticed several occassions in which a very profitable trade ends up near zero or in the red, due to the vendor not locking in profits with a floating stop (especially true with his smaller quantity trades). Also, my actual fill prices are not reflected on C2 even when I use the "overlay" feature... rendering it mostly useless. This could be a very good system, with a few enhancements.
VN Forex Club
Recent Drawdown was alarming.
However in reviewing the lengthy trade hisory I have a lot of confidence in Si. If you are overleveraging your account you got stung, and if you think you are not going to have losses in something as complex and risky as the forex markets then I can recommend a nice 8% mutual fund.
KEEP UP THE GOOD WORK SI.
Your system will suceed. I have full faith and confidence in your abilites as a trader. Quit answering and looking at negative emails and focus on the trade! You WILL make us money.
dkitch.
System not found
positive forex
Over the long haul, system consitently performs well. But, since there are no stops, I would prefer that the mini-lot positions be spread over 5 different pairs (i.e., 5 different pairs with 70 mini-lots per pair). Now, for example, 210 mini-lots (i.e., 60% of capital) are devoted to one pair and the drawdown is up to $65,000.
In summary, since there are no stops, more diversification is desired.
VN Forex Club
the autor admits that he changed the system; he should have warned subscribers! people rely on past results to judge if they want to participate. results now are terrible!
VN Forex Club
System has 6 great consecutive losses. Terrible. With risk of 5% in each trade, i losr more than 25% of my account. It seems, after making system free for autotrade, author made some corrections to systems, to generate more trades for higher broker fees. Will see on more month for it. B
VN Forex Club
To go against the markets his very risky. And this system does nothing else. I hope the system developer has a good indication for the opening of trades. Top pickers and bottom pickers become cotton pickers. Let`s hope the best!
(22808053)
Very nice system. The most important thing for me is that the realism factor is real! You could talk long time if you prefer a system base on returns, dd or sharpe ratio, but all of that if meaningless if you can´t match the signals with live trading.
Legacy Merlin
I have been trading this system since January, and I can tell you the three amigos are outstanding! The Captains knowledge of the market, and his involvement with his subscriber base never fails to impress me.
Bottom line. this system works. Since subscribing, I have been trading e-mini NQ Future contracts, and have boasted far better returns than this website reflects.
If you are a new investor, be aware that no system is a substitute for proper money management! Do not invest what you cannot afford to lose, soak up all the knowledge you can, and you will learn new techniques for maximizing profits(if that's your goal).
I gave them 5 stars, because I have not had this level of confidence in any system for the past 8 years of my trading.
JW Index Trading V.18
system looks interesting, but unsure of trading practicality when there can be a week to a month between trades. Gives impression this is more of a hobby that a serious pursuit. Would like to see at least 1 trade a week... Review by Ross
Obsolete3
Solid, well diversivied strategy with excellent track rekord. I started buying in to it with confidence.
Excellent professional weekly report with graphs, current holdings, and reccommendation makes menaging your portfolio a snap.
Thanks Steve and keep up your good work.
no longer trading
Easy tradable with consistent returns. On several occassions I was days or even a week (!) too late with entering the signals, and I still got good fills. The logical other side of this is of course that you ought to have some patience before the big move happens. I trade this system manually with 5% scaling for the fourth month now. Even with this small trading capital I think the system is worth its fee. The statistics of the system are also good (Sharpe, APD, Avg Win / Avg Loss). The only thing that worries me a little is the historic max drawdown. But the equity curve shows that the system recovered well from drawdowns.
VN Forex Club
Is it a swing system? Maybe. Scalping system? Not sure and don't care. Makes money? YES. Subscribed & traded manually for 1 month then switched to auto last couple weeks (recommended). The numbers posted on C2 are indeed accurate. I recommend following the money trail posted and make your own decision - stoplosses and all.
Legacy Merlin
The system claims to have an accuracy ot 78 %, the reality is 54%. In his rebuttal on 18/7 the provider remarks that you can't judge from a short period; however the actual C2 results are from a period of 8 month! maybe it will indeed be better after a longer period ,but the actual reality should still be seriously taken in consideration against backtesting.
VN Forex Club
To follow the last reviewer - I have been autotrading this system with reasonably accurate results (within a couple of pips) and with no significant problems. This system works very well for me.
Team Aphid Bird
Six consecutive loses of over -30 pips each and well on its way to losing number 7. All in in the last two days and all trading the EUR/JPY pair. Combine this with the same pair losing 4 consecutive trades just a couple of weeks ago tells me this system needs an overhaul.
Cheetah
Seemed like he was doing good at 1st till he changed everything at once. My suggestion is go back to just trading er2, provide a low fee for users who want to trade with him, and start a 2nd system in test mode to trade other futures. Thankfully, I canceled my sub before the drawdown.
VN Forex Club
I think the target in FX is making money - and that this system achieves almost in perfection. If this ws stock market I would think the trades were originated from inside info. I´m following this system in demo account for +2 months and started live trading it a few days ago.I must say that I´m very impressed and this is not only helpful to gain some money, but it´s also the living proof that FX can be the only source of money for you, so it´s a major inspiration to keep trying to learn TA and Fundamental A. Big thanks to Si Nguyen, and I hope you never leave us (at least until I can be half as ood as you are).
positive forex
seems ok so far...big drawdowns troubling.. you will have to manage stops and profits in order to sleep at night
extreme-os
After two years as a subscriber, I am finally throwing in the towel on this system. Down 10% this year on real fills (as opposed to C2 fantasy fills). Had a decent January, but since then, even in this bull market, the system has stopped working.
Hawk-fx
I wonder if there is anymore active trading in the last few months (ie June + July 2007).
He is probably justing waiting until the huge losses turning into profit.
Unbelievable: from US$ 100,000 up to US$ 1,4 Mio and then down to ~ US$ 400,000 again.
Completely crazy trading style!