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Strategy reviews

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Reviews of Pairs Trading QID QLD Scalper

Pairs Trading QID QLD Scalper

One of my major complaints, more about C2 than this system, results should be based on a more realistic starting number, like $10K. From Aug 1st onward, results with a starting capital of 10 K return is about 20% w/o margin. The drawdown in the last several trades is a higher risk than the returns for these trades has justified. I'll stay for a couple more months, but my present feelings are lukewarm at best. FWIW the pissing contest developing between this developer and the TMG guys…it detracts from what this sight is for. Bashing other systems does not reflect well. Rely on promoting your system on the strength of its results and don't feel that it is necessary to criticize what other people are doing. "Build the better mouse trap and the world will beat a path to your door"

Pairs Trading QID QLD Scalper

Don't fall for it. 1) Real-life losing trades far exceed 95% win rate of backtest results developer emails subscribers. 2) Developer's 2 other systems are losers 3) Appears developer has integrity issues: bashes other c2 systems. Nov 29 2007 emails subscribers, "This (trade) is going to be a piece of cake." Trade loses money immediately. 4) Emails subscribers a backtest severely lacking in robustness, includes only 2 years of data. 5) Name is misleading, neither scalping system nor pairs trading, but a fair value prediction system. 6) Directional price prediction is, according to most research is futile (Fama). 7) Sometimes parks orders until 9:28 EST, implying system allows for discretion. 8) Seems to have a limited history as a developer, appearing to have graduated college in 2006.