Steady II
In the long run, I don't think this strategy will work.
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WWW.CONSENSUS-TRADING.COM
I've been using TWS(IB)-TB-C2 to autotrade this system for a while, generally it's good. However, I'm not happy with the average-down and multi-leg thing, maybe the system vendor wants to keep a high win ratio. The multi-leg thing might become a nightmare for auto-trading; once you missed a signal(internet outage, power outage, system crash, or whatever, trust me, that will happen, at least twice in two weeks for me), everthing got messed up, you have to follow the signals manually for the rest of the deal, which is impossible for we working people. So my suggestion for the system vendor is trading simply, forget about the average-down and multi-leg thing. A high win ratio is not that important, compared to a steady uphill curve with minimum drawdown.
CoinCollector 40min
I have been auto-trading this system for around 3 months .This system simply does not work. When it losses money you never miss a chance to loose with it. When it makes money, many times, your limit order never gets filled and you get out of synch. And all this without any money management - the system is always in position, so when the market seriously goes against you, I dread to think what will happen
FX-NeuralPower
The system is currently operating under a totally different concept than described. I've contacted the vendor several times to change it but no reaction to that sofar. After running several simulations the system's potential drawdown seems to be much higher (about 2'500 pips at a win%=62) than here declared. With the current win%=50 it will be extremly difficult to recover from current losses. The vendor claims to have much better concepts than that and is really very wondering why still holding on that. The actual concept seems to react very erratic to different market conditions.
FX-NeuralPower
System has been ok and started off great. But the results since have been discouraging. Anytime I see a 45 degree equity curve that begins to fall apart in the second month of live trading, I start to think - optimized system. I am going to just monitor this thing for a few months and stop trading live to see if this proves true. What happened to a 7 sharpe ration and 800 pips a month? Again - optimized results don't work going forward.
Goofiz Foliage's Future ATM
High-Sharpe FX (by_JEP_Forex)
There are stop loss. You got filled properly. I like the way the risk is managed during the life of the trade. Good work!
extreme-os
I think these are great entry points. I use the ATM. I dont care if I get 10 cents slippage because sometimes I get 10 cents the other way. Sometimes I will miss a trade and I end up buying at a lower price before a runup. . I dont trade the equities with extremely low volume because it is not realistic to be able to exit quickly. It seems that if you have some basic trading knowledge that you can use this system to your advantage. I am up 25% on margin since January 1.
WhyNot
his protective stops are two times the amount of profit and with 80 percent accuracy that will not be profitable system comparatively for intraday system taking into account the time neded to enter and watch the trade
Hawk-fx
although the system appears to be quite robust he has made the cardinal sin like the rabbit in the headlights of a car did nothing and still cannot cut his losses.Until he does this and moves on to the next opportunity one can only assume he is a novice trader.
WWW.CONSENSUS-TRADING.COM
Excellent money management, conservative, and accurate.
Sliced Bread
Good system, good vendor! I would like to trade it, but couldn`t open a proper broker account (for the non-financial futures) in time and obviously my IB account won`t suffice. So I cancelled the trial today - cum grano salis.
As soon as I have a new account opened (despite of patriots acts document burdens for european applicants) I will subscribe again.
Hawk-fx
This vendor rubbish other vendors: Here is his posts Posted: Mark Burdge (When: 12/13/05 (13:20)
Systems: Hawk-fx
""""sarf 2 have just closed a trade of 900 mini lots.
That's $ 90,000 of margin which is about 40% of their account equity.
They also appear to have an open trade using more I strive with my system, not just to make profitable trades, but also to trade at a size that enables my subscribers to replicate the results."""
But he has drawdowns of 40% or more and brushes them off.
?
Bender's S&P Emini crossover
Craig has had some good runs but unfortunately he seems to trade with an ego problem (e.g. never admit he is wrong). Winning trades are cut short quickly, losers are allowed to go on and on. In his latest $20,000+ drawdown trade he violated many of the principles stated in his system description, showed a huge lack of discpline. Look at the history of this system and decide for yourself if you can tolerate his style of trading.
Bender's S&P Emini crossover
I subscribed to this system for a month and have to say I also was very disappointed. The money management was ATROCIOUS....he would make a point but quadruple down when he was down 7 points...definatley not my style of risk/reward. His general sense of market is good, but like i said..look at his drawdowns and losses and look at winner and you be the judge. I will agree, Craig is great at emailing subscribers and letting them know he is still alive and communicates with all, but i cant stomach the lossess personally . Also..a lot of his big winners occur in the evening...disregard those and you have a lot of pain and very little gain...also see the Forum on his system and comments there.
Entropia
System had three losses of in a row, 33 pips each, as soon as I subscribed. Trades with a 15 pip target and a 33 pip stop so it will take six wins to make up for the three losses. Also the system vendor keeps sending messages telling subscribers to switch to FX-Auto from C2! Tonight FX-Auto shows a 33 pip loss that C2 doesn't even record!
Bender's S&P Emini crossover
Craig still is the hardest working vendor on C2 and continues to manage multiple legs diligently, but the best intentions can only go so far - the initial accuracy of the signals is poor and losses are not managed well, as the system is discretionary, with no stops, and Craig's "just average up/down and close your eyes tight and pray" method will blow up every once in a while, so be ready for that. Also, the system SAYS that it gets out EOD, but today it held into the overnight to escape a loss. Not good. Expect a net return of around 5%-10% a month of account size, all things considered, including a 20% blowup every so often.
Hawk-fx
The worst system I have seen by far. No money management, no hedging, system is down a huge amount, DONT SUBSCRIBE! Friendly advice
extreme-os
Getting stated fills is impossible to achieve. I agree with the low Realism Factor. Count on 10-30 cents slippage on sell side of each position, slightly less on the buy side, so you have to adjust the results accordingly to get an accurate picture. I am now using Autotrader and still experience 20-30 cents slippage on fills on BOTH sides. Had a 50 cent slip this am! This changes the results dramatically. The record is ..... to be taken with a grain of salt. Finally decided to cancel, traded this for 3 months with autotrader and bottom line is I made no money.
OEX Trading System Revised
Trades are inconsistent. Many at once, then few for several weeks. Many market moves are ignored.
Forex Fighter GBP/USD
Awful system. I seriously advise NOT to subscribe, unless you want to lose all your money. Nearly every trade is a loser, watch out!
Hawk-fx
I have cancelled my subscription, mainly due to the lack of communication of strategy, and the failure to implement the hedging. Good while things are good, very bad when things go wrong.
CoinCollector
You can better spend your money in Las Vegas. The system is pure gambling.
Hawk-fx
Although there was a two week free trial, I canceled my subscription early due to a lack of e-mails or other communication from the system creator. According to the system description, there was to be hedging or other risk management on trades, but with the current pound trade down over 450 pips, and the euro down significantly as well, there was not a single e-mail sent to suggest a hedge trade. When the initial signal e-mail was sent, I disagreed with the entry price, so fortunately I'm not stuck with all that drawdown, but as far as my experience, so far it's not the best system.
Hawk-fx
System is way down with no hedging in place.