This is one of the best trading strategies for S&P 500 futures available. Adapts very well to changing market conditions. Always maintains the same level of trading risk so there are no surprises.
System with too much risk, continuously positions experienced a big drawdown to earn money, the owner of the system is always moving down the stops losses.
I think the system only earn money because we was in a uptrend, when this change the account can be blood up without any problem.
I use this system and "the beattles" of the same owner, and both are too risky, systems than risk more than 10% even sometimes 20% of your account for a single position in the end lost money.
I am a new subscriber - not even two months yet.
This system is definitely not for the faint of heart, but no trading is.
if you let go of your trading ideas and execute the trading signals without modifying or "improving" the system - it's profitable and very exciting when it wins.
I hope I have the guts to follow every trading signal in the future to experience the full potential of the system.I rate it high because of the final results, and that's what counts.
I'm subscribed to The Beatles ans The Rolling Stones.
As stated in the description The Beatles is much more aggressive. So when opening a long position and the markets keeps falling, The Beatles scales more and more into the long position (hoping, that there will be a bounce soon to exit at break even or with a tiny profit). I would say that the market timing entries are good to excellent, when the market keeps in a uptrend. The Beatles buys fast pullbacks and exits them as fast, when a rebound occurred. There is a problem, when the rebound doesn't come and The Beatles starts to scale into a losing position, to average down the entry price. So you can get huge draw downs in your equity curve. If you trade it, don't leverage this system too much into your account. Me as a discretionary trader has sometimes the same strategy to sit some huge sell offs out, so this makes this system not diversified to my strategy, you need to know this.
The Rolling Stones doesn't normally average down the entry price, which makes it less aggressive, but at the end also hopes that the markets will rebound after a heavy sell off to exit at break even or with a tiny profit.
Both systems often move stops further down, which makes sense, but you need to know this.
Main problem will be a -20% sell off without any rebounds. Then you can have easily a draw down of 50% to 70%.
If you're seeking for good entries and if you have a good risk management, those systems are excellent!
I've had a bad experience w/systems but this system is a diamond in the rough. I hope the developer is not close to retiring because I hope this system will be around for years. The system trades are very logically to me, as I watch the S&P500 every day, and this system seems to be a scale-in mean reversion system. I am using it as the mean-reversion part of my portfolio, because I am too chicken to always ride out the corrections...I prefer trend-following and I will use that strategy for my "normal" non-futures portfolio. I like this system a lot and I recommend it. Thank you, Mr./Ms. Market Signals.
I have only been a subscriber for a short while, but have been watching the system for quite a while. I was always nervous about several relatively large drawdowns in a row in 2012, but really it has been excellent ever since then. This year's performance speaks for itself. Signals often come out either at or just after the close. Not a problem if you are trading futures, but if you are trading ETFs you might have to open or close positions in the after-hours session or at the open the next day. Overall I recommend this system.
Very strong system as presented but the statistics understate its effectiveness since trade size has not increased with equity. Trades more often than vendor's original EOD system, but retains its reliability.
I really like this system. I don't trade options, but use these signals for buy/sell 3x ETFs. The trades are spaced far enough apart so that I don't have any trouble with my IRA's 3 day clearing rule. If NOT trading makes you nervous, it may not be the system for you, but the frequency of trades is good for me. Communication from the author is good also, clear and concise. Not too much, not too little. No verbose commentary on market conditions - lord knows we get enough of that elsewhere - which I appreciate. Keep up the good work!