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Strategy reviews

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Reviews of ALGORITHMIC

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.