In the market, timing is everything, don't I know it. Started using this system at it's peak. Stuck with it during draw downs. Can't stick with it any longer. It seems the vendor has no interest in subscribers or making money. Perhaps this is just an exercise for him. There are much better systems out there.
At least recently, this system seems to lack discipline of any kind. It may work out long term, but it appears to be broken now. It is a tough market right now, but similar stock systems are still working.
Looks like the vendor is pressing to catch up. 4 losses out of the last 6 trades and another potential today. Needs to go back to waiting for high percentage shots to come out of the slump....
I've susbcribed to this system and discovered its main drawback : The Risk taken per trade. think about it : for some trades, the risk taken is more than 30% of a 10K capital. This is very dangerous. If you take the same risk, your capital can be wiped out with 3 bad trades.
With 79% of months profitable, a sharpe ratio of 2.87 and 3.4:1 PL ratio, this has to be one of the best systems on C2. Ride out the next drawdown (that one will come is a certainty) and 12 month from now I think you and I will be sitting on top of a nice pile of profit.
I subscribed and unsubscribed to this system a while ago. Looks like it has its ups and downs, but overall performance is quite good (just commenting on the publicly available stats). I think that the vendor's reticence has just annoyed the subscribers into issuing negative ratings when the system had some draw down in April/May 08. oh well!
Since this is beat-up Main QQQQ month, I'll gladly pile on in support of the May 6 reviewer who said "shame on me for subscribing." I also subscribed right at the peak, lost $600 and 1-month subscription money, and also blame myself only for putting my neck in the noose once again. But I'm not so much blaming Main QQQQ as the entire C2 company. As long as "vendors" don't have to verify their broker's statements, you'll get exactly what happens here. Paper trading certainly emboldens a C2 "vendor" to do anything he/she wants, doesn't it? I don't care how loudly the "vendor" claims he's using his real money - if it isn't verified, it isn't verified. End of story. The only real money is the subscriber's. Subscribe here at your own risk, folks.
Don't blame the system for its breakdown; blame me for subscribing. I bought at its peak, and just like every other system I've tried, it collapses when I start using it. I never achieve prospectively the success that a system purports when I start. Makes me wonder...
It is too bad the vendor doesn't communicate ... at all. There isn't a significant system description nor any replies to private messages. We are holding a pretty big loss now for two weeks, it would be nice to know more about this system. I would be willing to revise my review if there was better salesmanship by the vendor.
