A note here for watchers and for Collective 2. This system cannot be functioning in this manner. It has > $30,000 negative equity. How does an account stay open like that for days and soon to be weeks? C2, can you review the rules for systems in this category otherwise potentially there is a disconnect with the tracking. Obviously in this case the owner of the system has an account greater than that shown and he can ride out a drawdown meaning also the figures stated in the stats are out of whack, i.e. lower actual annual return but lower drawdown as a percentage of the account.

Developer does allows trades into serious drawdowns. Trades go from a 100 postive pip position to -100+ without management.

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

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.

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.

Very good system. Average draw-down, excellent return. The system stays in position long time and this is good for manual trades as me.

Exceptional system! I had been following it for the past 3 months and have been a subscriber for the past month. It has the marks of a true professional-captures the bigger market swings with most trades yielding profits of over 100 pips. The past drawdown was caused by using higher leverage, but now I see that the developer has reduced leverage and the system is still up close to 100 percent for the month with minimal open drawdown. It is not a scalping system and therefore is suitable for both auto and manual trading. I trade the system manually and fills with my broker-FXCM are very close to the C2 fills for the system. Without a slightest shade of doubt a FIVE STAR system!