S&P Swing
It's only two months old, but the excellent trade history speaks for itself. Very responsive developer, who seems to be paying close attention to his trades.
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.
FXprofisniper
Does not know when to cut losses. Has been in the same losing USD/CHF position for over a week while it gets worse and worse. Poor risk management = poor rating.
TS_EURUSD_1
After I subscribed for a week, the system starts a loosing streak (7) and these losses are not small. Eventually I think the system will get a win but I don't know if this win will be big enough to recover all the losses unless it hit a comparable winning streak. The system is till very young, so it is hard to know if the system will work unless I have a crystal ball. I just rated at 2 star for the latest performance. Hopefully the system will recover soon so that all subscribers will benefit
B1Global
Your subscription to the trading system B1Global has been stopped.
That was on 7/31/2011. Then he has the huge trade from 7/31 to 8/1. Very suspect. He said he was closing system cause 15 percent drawdown has been reached. Not sure what to think of being kicked out and then see this move post being booted.
faith in research
I'm going to keep "Faith in Research" on my watch list to remind me how things can go so right and then so wrong with no recovery. Provider stuck by his system all the way to the end. Had what appeared to be a good strategy, communicated about trades and answered questions promptly. Even limited number of subscribers so he could concentrate on the trades. It was going to be perfect.
TSX
Losing 25 percent of all capital in one trade proves one thing about the vendor. He is a CHARLATAN.
PCM-Forex
Has established good and constant trade record so far. This is quite unusual here at C2 for a discretionary system, but proves that the trader has patience and discipline. He seems to closely and actively monitor the trades. Perhaps the reason it was my only positive FX system last week out of 5 systems. No system deserves 5 stars with 3-month record. If PCM is still good with 6+ month record, add 1 additional star here. 4 stars now
INVERTERATE - 1 Day Only
Great system! Generates approx 50-150 limit orders daily. One-cancels-all groups ensure that no more than a dozen or so (maximum) get filled. Buys on weakness; sells at next day's open. Losses, when they occur, are generally small; gains can be quite large. System performs best in choppy markets, but works in trending markets as well. Easy to trade manually using IB's BasketTrader and following directions available on request from developer. Best suited to margin accounts (including IB Reg-T margin IRAs) in excess of $25k to avoid pattern daytrader restrictions.
FxTrader
Developer does allows trades into serious drawdowns. Trades go from a 100 postive pip position to -100+ without management.
Topaz NQ100 M
Despite its seemingly complex buying and selling rules, the system is essentially a leveraged exposure to the NQ100 and is at almost all times fully invested. As such it is highly correlated to the NQ100 leveraged x2. With its high trading frequency and thus high costs plus a high monthly subscription charge, it remains doubtful whether long term the system would outperform buying and holding QQQ with x2 leverage.
S&P Swing
Dear S&P Swing Guru, I have been following all of your twelve (12) trades (11 winners and one negligible loser) as of today and wish I had gotten in all the winners – DARN. I paper traded nine (9) of them and actually dipped my toe into the water on two of them. Glad I did. Got my first winner (2 Aug SSO 53 puts at $1.75 and got out at $3.20) and I got my second winner (2 Aug SSO 55 puts at $1.92 and got out at $3.50). My average percent profit is over 80% for both trades. You have a great system at a bargain price. Thank you very much and keep it up!
B1Global
He is claiming that he is a professional - definitely not. Professionals do not say "I trade when I am in the mood for trading.". Your account depends on vendor's mood, do not forget this before subscribing.
He also claims he is a low frequency trader. False. Check out how many trades he took in June and July. He is definitely chasing his tail when in loss and gambling instead of trading.
Although vendor might argue current statistics are superb, more than half of the total return came in one month, March last year. If you exclude that anomaly, stats are very ordinary.
Stay away.
Super Star trading system
Based on the system results and all the hype in the forums, I decided to check this one out for the month just ending. I have concluded that it would be difficult if not impossible to achieve these “theoretical†system results. Many of the trades are for securities with low liquidity so timing and slippage would be significant with only a handful of subscribers. Also, a number of trades are big bets that use the entire system capital and all available margin which is way too risky for me.
AT
I think this is a nice little system. Good P/L.. The system does a good job of avoiding choppy markets and being selective. The sharpe measurement seems like it should be higher. In June of 2010 there were futures trades with big drawdowns which may still be affecting the measurement. From July 2010 on though risk has been low. I think this system deserves a look.
FX pure view
Frequent small profits and occasional large multi-day drawdowns with the hope of closing these trades with small profits or digestible losses. In late July even cost averaging has been utilized for this purpose. Personally I would prefer a reasonable stop loss than hoping for the mercy of the market for days. Providing "sacrificial givings" in the form of adding to a losing position (ie. cost averaging) is also not my favorite act. After all it may turn out to be a profitable strategy on the long run, but occasionally it will keep you awake for sure. So don't forget to fasten your seatbelt.
FxTrader
I was with FX Trader for only one month and it was a bad month. Overall the track record is quite good albeit with big dd but at $100 per month I can't afford to stick with it. There is no communication about the trades and SL are only placed well into a loosing trade.
If developers lowered their subscription prices they might find people are willing to ride out the tough times based on their equity curve. Can't do that with this one
FxTrader
After this debacle plays out I am calling it quits with this system. I have lost confidence in the developer. Just a week ago we had bagged huge profits only to dive right back into huge drawdown immediately - we didnt have a minute to enjoy our profits :) The strategy seems to be to throw trades out there and see what happens - albeit I am sure they calculated trades but nonetheless they seem to be thrown against the wall and see if they stick.
TSX
I subscribed to TSX in July 2011 based on the systems strong performance up to now. So far I have been impressed with the results and also the responsiveness of the system owner. The system is more geared up for autotrading as the signals are relatively high frequency, but it is possible to trade manually as stop losses and limit sales are provided.
All in all a good system that I would definitely recommend at this point.
marketroller CLOSED 2012
This system is 6 months old, I am trying it for 1 month. I am very pleased with manager´s atitude towards risk management, his discipline about cutting losses and his knowledge of the global financial markets. This system is not for those who are looking for `holly grail`, it is designed and tradable for investors looking for ´´earth`` returns with affordable drawdowns. 5 positive months out of 6 speaks for themselves. Keep up the good work.
FxTrader
Doesnt use any stops. Lets the P/L go into massive drawdowns.If you need something to keep you awake at night this is for you.
BreakoutFX
Multiple positions, up to 6 at a time. Double comission and other trading hassle because of hedging. This is an early evaluation, so only 2 stars for now. System needs to prove its worth and the overall interest of hedging for a smooth equity curve. Because of hedging, subscriber would hope for high sharpe ratio.
JV Long/Short Equity
Agree with the previous review. Excellent performance. Both long and short positions held simultaneously. Developer is communicative, responsive to questions. Does not have as long a history as some, but nevertheless would appear to be one of the better systems on C2.
FX pure view
I wrote to Tim to ask for a stop price to protect my investment during this crisis. Tim quickly provided helpful information to make me relax and finally this trade is profitable.
JV Long/Short Equity
I have been a subscriber for close to 3 months. The metrics speak for themselves - excellent P/L and high sharpe ratio. The developer clearly puts a lot of time into his trades and sends consistent updates to subscribers. Very happy with Stock Swing Trader.
MREV1
I think this system will pan out for a profit by the end of the year, but not without some massive heartburn in the form of big drawdowns. I would not be trading this with anything except fun money or you will end up with grey hairs and an ulcer.