Goldmine
Quick downhill in one day.. Be careful
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.
Options 787
System has two flaws: It sometimes trades individual stocks, and it performs poorly during strongly trending markets. The 4/4/13 loss was due to a surprise downgrade on an individual stock. Recent general losses are due to the current bull market. Would rate this system higher if it only traded ETFs and responded better to trends. Certain competitors seem to be able to do this.
EUReka V
System performs as advertised - Steady return with a fixed risk.
test
JBookTrader is a system to keep an eye on. It startet well but last couple of days has seen some severe hits. I like the open source nature of the system developer. The strategies of the author of the JBookTrader need some fine tuning.
Forex Marathon
Forex Marathon is doubling down to make up for recent losses. Be careful!!!
Zone Fx
Obvious lack of stop in usd/jpy trade gets this system one star, it's as simple as that.
Zone Fx
Shame on Zone Fx. Complete lost of faith in the strategy. All of a sudden, the vendor changes everything and takes huge risks resulting in huge losses. Prior history showed nothing like this before. Losses are expected in all trading - but a strategy shouldn't change this drastically all of a sudden.
Zone Fx
What a disaster. Vendor changes his strategy from placing many small trades to placing two large very speculative bets without stops against the Yen and Euro just before the respective two central banks come to major policy decisions and loses more than 20% of account value within a few hours. One should have been forewarned because he does not respond to inquiries or provide a system description.
MakeHayWhileTheSunShines
A word of caution based on this systems stop and profit target. The stop loss is 2.5x bigger than profit target. This strategy does not fit my own risk parameter so I stopped trading it.
Daily Batch
Vendor does not communicate to customers regarding concerns about the strategy entering trades outside of historical norm. Big red flag.
Forex Marathon
Trading is a sprint, not a marathon.
Parcours US Stars
What's impressive about this system is that it has consistently made money while being fully hedged (there is a short SPY position to offset the long stock positions). I personally use e-mini futures instead of the SPY for the hedge.
eminiglobex
This system has good reward to risk ratio. It is very selective in trading and is in the market only when it identifies exceptional opportunities. For a smaller account, the cost of the subscribing to the system considerably reduces gains with the system cost/trade being more attractive for a larger account.
QP Future 15k
Very dissapointing performance, and the developer hasn't logged in for 3 weeks throughout this large drawdown.
Whole Wheat
"This system was not accepting new subscribers"
CURRENTLY SUBSCRIBERS ARE NOT ACCEPTING THIS SYSTEM
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I'm in agreement with the last review. This system is definitely not for beginners or low margin accounts. You will suffer drawdowns that will test your faith in the system. However, the system is well designed and tested and should continue to provide good positive returns over the long term. There is lot of detailed information on the system available at the developers website, www.kjtradingsystems.com, and it's worth reading to get a good sense of the methodology behind it. I've contacted the developer a few times. He is a very experienced trader and provides great support, responding promptly and thoroughly to any questions I've had.
$1,000000
I like this system . It has been smoking hot on both short and long trades and most of all uses a stop on each and every trade.
The impressive part is how other developers rip on the system which gives me even more confidence in the long term success of this trader. So far you can not help but give this a 5 star review.
Spy 2x
Compared to other stock systems over 300 days old SPY 2x has few equals with a max draw down of 8.6% and high profit factor. The developer communicates often and sends signals before the market opens. She also attentively protects gains in open positions by moving up stops.
Daily Batch
If you exclude the returns of March and May 2012 which I believe anomalies (or call it luck), system's overall return has been flat since July 2011 (First two months' returns are not indicative either as stated by vendor). Risk/return is 1:1 per trade and since winning ratio is declining towards 50%, the strategy has no edge. Subscription means waste of time as well as waste of money. Moving on.
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The SFE system is an excellent combination of markets to trade, but be
cautioned that this high octane, powerful, and robust system is NOT for
beginning traders. The combination of systems and instruments traded is
well thought out and logically designed covering different time-frames
and markets with varying entry and exit parameters for each market
traded, adding to the overall robustness and diversification of the
portfolio.You really need the full benefit and diversification all the systems offer as drawdowns can be steep and
quick. SFE can be fairly heavy on the margin, fully loaded you could be at about $23,000 in margin if all systems are in a position.
PT Future 68
Awful. Decent looking stats, but then a losing pair trade (long AUD short Dow) comes along and he's a deer in the headlights. Several chances to close at a smaller loss, but no, "hold and hope". Whatever the opposite of good trade management is, this is it. Can I give minus stars?
Sharktrades
This system has jumped the shark.
ALGORITHMIC
PISS POOR money management -- let a large loss grow and grow till it was over $250,000! Absurd! Plus -- since it was still on paper we were charged $100/week anyway because closed traders were technically profitable. Crazy. System is expensive -- $400/month and works poorly in scaling for smaller accounts. I tried 50%, 40%, 20% scaling but still received many errors of orders that could not be placed. Lastly, trader likes to trade overnight which IMHO is problematic in most cases due to liquidity/spread issues.
Swingtrades
Seems another boom-and-bust system, as usual on C2.
Small Cap (5X) Turbo Timer
So far the system has been working, Keep up the good work!!!!!