Sentinel Pro V1 ❨Micro Sizing❩
So, here are some facts supporting my 1-star review. (1) with a current CAGR of 1673% per year (C2 calculates it a bit differently), it will take only 7.4 years for this strategy to take over the entire $130 Trillion global market. How long do you think this insanely over-leveraged trading can continue at this pace? (2) according to C2’s own published data, the strategy experienced a 93% drawdown on July 23. The strategy had a 2-contract @NQU6 long opened 7/23 07:45 and closed 7/23 16:12 for a realized −$5,455. The position was underwater by −$17,506 at its worst intraday moment (11:31 AM that day) before recovering most of the way back and closing at −$5,455. Reconstructing account equity at that instant (realized equity just before this trade, plus this trade’s own worst unrealized loss — there was no other position open concurrently that day) implies true mark-to-market drawdown at that instant: −$17,506, or −93.0%. Yet C2 only publishes an 18% MDD, even though the facts on July 23 have been brought to their attention. How long before another one of these blows up the model account, taking most of your accounts with it? (3) the manager is arrogant and lashes out at any criticism, even though his DCA/ Martingale behavior is obvious to see from a casual perusal of his trade details. (4) the manager’s previous drawdown history was not brought over from the manager’s Ninjatrader account – presumably there were even larger drawdowns in that history that are not being disclosed. All that being said, the strategy does look very exciting, doesn’t it? Attracting subscribers like moths to a flame.