Its a low risk, consistently profitable system so far. One needs to increase number of lots base on his or her account size. It could have traded few more times per week since it only scalps a little each time. .
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.
I joined Faith In Reach for almost a month due to its excellent result of the last 4 months. During this one month, there were a lot of mixed results. A gain in one week can virtually wiped out in one day. At time I can be nervous about the pending trades but the developer seemed to pull good number over all despite of some quick and deep pull back. I will stay with the system as long as the overall results are good but will not be surprised if deep and quick Draw down occurs. I'm trading this system along side with other more diversified and matured systems. Hope the developer of Faith In Research can continue his magic to obtain good numbers.
I decided to auto-trade Z-Trader Commodities, a new offering from Carlton Chin, to diversify my portfolio after watching zFutures (Diversified) Adamah Cap and its impressive gains over the course of the seven months it has traded on C2. Immediately after signing up, Carlton contacted me to offer any help I needed and further information about him and his trading philosophy with results of his trading dating back to 1996. I have decided to begin auto-trading Z-Trader Financials to further diversify my portfolio.
I decided to jump in and test this system on an FXCM demo account since its free and looked appealing. So far the past two weeks have shown positive results with good money management practices. I will update this review when I switch to a real account and trade this system for a few more months.
With the current level of volatility, this system will take at least a year to establish its viability. Time will tell. Next to nothing in the way of detail is offered in the system description to even hint at how the stock selections are made. System forum currenly only reflects hype and excuses by the developer. Good luck.
I have known the developer sometime and he is careful, well studied in the area and has produced a calm, predictable money maker. Drawdowns and win/lose ratios are very good.
To get a proper understanding you need to use the dropdown arrow to see the trades within the trade.
The developer seems to scale in and out of positions, rarely having all dollars committed. Also notable is the lack of margin usage.
Annualized ROR is 23% compounded as of 1/26/11 (max DD to date <10%) versus 11% for the SP500 in the same timeframe (with a 16% DD)
I would highly recommend Topaz System. I have been searching for a system to trade for quite a while. The basics of the system makes sense and it is easy to trade manually as well (10-15 minutes per day, before markets open so easy to manage). I would recommend choosing a broker with per share commissions as the flat rate charged per transaction would not work well with this system since there are quite a few transactions every day.
The other great thing about this system is that it's owner, Dr. Koch is always available to answer questions and concerns. I was extremely impressed with his professionalism and that just go to give me more trust into the system. He answered every questions I had within a few hours.
For those reasons, I would highly recommend trading Topaz System.
This system have a very reasonable win/loss ration and very low draw down. The low draw down will help protect the account so that in the long run it will make money. The developer described his trading phylosophy in the system description. I currently rated as 4 stars and will upgrade it to 5 stars when the system show consistent performance for a long time.
A few people must have dropped out of this system with the recent drawdown, since it is again open to new subscribers. It may not be open for long. The vendor does take risks and has incurred some pretty significant drawdowns, but that is to be expected with the sizeable gains he seems to consistently make. I personally think $30K is too small of an account to trade this system at the recommended trade sizes, but I probably have a lower tolerance for risk than some. If he can keep up these profits after a full year without blowing up the account, I will definitely bump up my review to 5 stars. For now I am tentatively impressed and enjoying the ride.
System looks promising. I have been a subscriber to Mitainvest Technology for the last couple weeks. It is in my opinion a good system, and it has good diversification and risk management.
★★★★★
I tried this system for few months. The system trade to take immediate positions if there is change in market which did not meet my style of investing. One day they can be bull, and next day they can be bear.
I have been very impressed with the TSX system. The developer is outstanding with communication as well as with money management. Slow and steady wins the race and this system has been making steady progress overall. Keep up the good work Kevin.
This longevity, stats, and C2 score for this system look very attractive. However, unless you use IB as your broker and use autotrading software that does not treat each signal as a pending order against your day trade buying power, you will be unlikely to trade this one. That’s because each morning you can receive 100 orders or more. I find it irritating when a system vendor doesn’t provide more details or at least allow a trial period to evaluate how their system works. When I sent the vendor a polite private message about this I got no response. Perhaps collecting $150 from suckers is a secondary source of income.
Have been following the Adamah Cap system since a few month, really good easy to follow, good trade pattern profit size to loss ratio is good . And more importantly it make profit overall!!
Denis
Had to unsubscribe after 3 months of losses. He just will not follow basic principals of trend following. If the markets were more choppy he might have done well. But in this Fed induced manipulated market, some types of technical trading just won't work.
review space is limited, so key points are: - developer helpful and responsive - good use of risk management/stops - does not seem to keep losing trades open in the hope of it recovering (to improve stats) - great returns so far. Slippage has been a negative for me, but still best i've found on C2 so far. best wishes!
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.
This primarily is an option buying system trying to take advantage of big swings in stock price after key events such as earnings, FDA approvals. Although vendor description is not specific about his strategies the above is my understanding. System is basically trying to hit home runs. Win pct. Could be lower but one big win can wipe-out several losses. Realism is a concern. Will trade small for now and understand the strategy and watch for few more months.
Subscribe to this system if you have high risk appetite and can set your own stop losses. In general system has high % of winners but has extremely questionable risk management and there is no concept of stop loss. Vendor seems to be fascinated with turning each trade into a winner at times resulting in huge draw downs. Most trades eventually do recover and are profitable (like the 12/29/10 EUR trade) and others may not comeback (like the 1/3/11 Gold futures trade that's still open. This also may eventually be profitable, but is it necessary to take such huge drawdown?)
This system seems to be comatose. It has not had a long position since late September and is down 5 pct since then. That does not seem like much until you realize that the Qs are up 13 pct in that time. Save your money.