Logan
Pretty much buy and hold waiting for a profit. No additional contracts purchased.
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.
High-Sharpe FX (by_JEP_Forex)
No trades for the past 3 weeks and no response from private messages sent to the system creator -- Seems like he just left town when the system starting losing money.
Risk-Averse FX (by_JEP_Forex)
There are new rules of the system as described here, starting 4/10/2006 which is so far ok and acceptable.
However, there was just one trade in May 2006 (from 5/1/06 till 5/2/06) and for almost 3 weeks no trades at all.
This means: no gains but no losses,too, of course.
However, how to make money out of it with the "new strategy" mentioned above?
ATS Futures
The system worked well in the orderly market that we had up until last week 5/10/06 but when the trend is borken so was the system.
The Black Dog Trading System
You need a strong stomach for open position drawdowns.
Penny Stock Movers
There are approximately 2 GRAND SLAM stock picks per month .
where is it on this month `May` ? i`m paying 200 $ per month for the grand slam stock becouse this is the only stock which can increase my portfolio .
i`m waiting for the The average return for the GRAND SLAM stocks is approx 60%. untill now i didn`t reach this % whith Pennystock movers
Conspiracy Spread
i like the name
Capital Management 25pip StopLoss
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Aestreux Fund
wow, it is quite a ride, strap on your seatbelts and helmet, it is a fast mover
Eagle One
Flying high, no stops, no hedging, averaging down, all the classic mistakes, recently severely broke it's historical trend with a 30-50% drawdown depending on where you started. One trade with a $70,000+ drawdown. WOW, I'm done watching. Work ok in sideways markets catching swings but had no provision for a big move (ie stops, hedge, etc.)
Pipraker
Hello to you!
On May 9, 2006 I subscribed to Pipraker and wrote the following message to the developer:
"Hello to you! I just subscribed to your currency trading system.
I know, of course, that your last trade was on 4/3/06- 2:52. Now 5 weeks are gone and no more trades. Are you developing something new or what's the reason? Thks your kind reply.
My above mentioned message has been viewed by him (ie Olumuyiwa Ojo) at Thu May 11 12:05:36 2006.
But he didn't give any replies to me. Now one more week passed by and no reactions. Very strange.
Would be nice to know what happened to this system. It's completey quiet for almost 7 weeks.
Thanks in advance.
WWW.CONSENSUS-TRADING.COM
What you don't see (as a spectator) are the losing trades that are still open -- which are so far in the hole they wipe out months of hard work.
WWW.CONSENSUS-TRADING.COM
This provider is not responding to forum messages or e-mails, even though they promise to do that on their website within 24 hours. There are no stoploss - the strategy is "buy and hope". They also don't follow their own strategy description - they are currently max out on both NQ and ES and in a very big drawdown, so they just started trading YMM ( which is a highly correlated instrument) while holding ES and NQ positions. For subscribers this is a disaster, because they now do require over $150k to just follow their signlal with minimal ratio 1/1
The Black Dog Trading System
No stops, no hedging, averaging down, new all-time max drawdown, major break of historical trend, very risky, one bad move (like mid-May) can wipe it all out due to these issues. I am very concerned with these issues but still watching.
extreme-os
Subscribed since beginning of April, down over 6%. I'm going to hang in for a few more weeks to see if it gets any better.
extreme-os
Tried it for a month. Break-even after slippage and commissions.
Aestreux Fund
impressive equity curve ...
Eagle One
Seems he enters positions and if the market turns against him he adds another leg to average in until he gets 3 legs into a position. At that point I have not seen any stop loss provisions which can be "very" dangerous in a market that starts trending against you fiercely and could wipe you out. So far I am watching his most recent trade on 5/5/06 and it looks ugly. I e-mailed him about a stop loss "last resort" option and he never replied. Does not feel safe. You must have down side limits in futures I feel.
WWW.CONSENSUS-TRADING.COM
Don't be fooled by the results. Look carefully at how long you carry a loosing trade. Though initially the system looked good on paper when I went to trade it live signals were sent that could not be filled, the vendor is very difficult to work with, no stops and way to long to carry the loss hoping for a turn around.
Currency Scalper
Buyer beware! There are no stops with this system. Some good trades of small profit, but it seems that if the trade doesn't become profitable, the vendor just lets it sit open. Currently there are 4 open trades totalling over $120,000. Can your account stand this drawdown? Mine can't! With open trades, the vendor didn't login on 2 consecutive Fridays (4/28 & 5/5). In fact a USDJPY trade had a $2000 profit that could have been taken had the vendor only logged in. With losses, the vendor's strategy is hope. If you want more evidence of unmonitored drawdown, look at the trades closed on 4/21.
Penny Stock Movers
i'm subscribed to this system for more than two wks with no beneift at allllllll. i think it does not worth trying it at all. Moreover, the last trade for FATS was not filled. as the volume was about 26k while it was showing that it was filled with 50k????... there is something fishy here!!!!!!!!!
Forex Paycheck
You can subscribe if you want to lose your mony,
Goofiz Foliage's Future ATM
I tried this system for nearly 4 months and I am very disappointed. I don't think it is good to initiate a position in the morning and close before 4PM.
Hawk-fx
Q-TIPS
Sucks and apparently abandoned.