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THE SUBSCRIBER PERSPECTIVE

Strategy reviews

Real experiences. In subscribers' own words.

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After I joined Enchante, it got 3 consective trades with extreme draw down that culminated to the biggest draw down of 99k. It will takes year to recover this loss. After the big draw down, Enchante tried to win back the loss in a hurry ant that's resulted in a few more trades with big DD. Now it is getting downward momentum and seem unstoppable. I learned good lesson in evaluating the system, look for cue of extreme risk that is hidden those high percentage win. Now I look for a more balanced system with low DD that can survive long term.

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System promised 16pc DD stops, and they were there last nite, but system removed them this AM leading to this mess! So, developer cannot be trusted. Stops are *so* important that I think they should be enforced by C2 when they are "promised" by the developer.

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In my opinion, 'Enchante' is a disaster waiting to happen. A high percentage of profitable trades and seemingly smooth equity curve seem attractive at first, but this is only superficial. Enchante routinely adds to losing positions when entering too early. Nearly never does it cut losses but instead it closes a position only when it is barely in the green again, indicating lack of a clear profit target. Stop-losses are in place but are inevitably widened as price worsens, indicating lack of a clear exit strategy. Intratrade DD is often extreme compared to per-trade profit. The trading style creates a mirage of a good system, not unlike the martingale staking-system. This may work for a while, but I strongly believe it will someday crash spectacularly. A system not for the faint of heart.