SoftsHedge
I've autotraded this system with OEC. Slippage reduces prosfit and increses losses. Net effect is small loss, otherwise this would have been a very good system.
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.
princeton capital trading
From all the systems in C2, this one has made me money under all market conditions over the last year.It requires execution skills, a first class futures broker and a 6 figure account in order to make the 500USD subscription fee acceptable.This is not another hype and die system, like almost 99.9% on this webpage. This system is for serious traders with serious money and not suitable for beginners.
This is my #1 system on this C2 webpage.
"One Trade a Day" in the Dow
One of the very few systems, which performed well over the past few month with acceptable drawdowns, but only because of very prudent stop management.Keep up the good work.
Fortune Cookie @ER2
I really like the system, it actually works, the best I've seen in years. Don't bother with the emails, they're too slow for this. Use the Instant Trade Messenger (click on "Open ITM" at the top of this page). Test trade it in simulation first to make sure that you can execute the trades as quick and precise as is required.
WT - Discontinued
Has made no money for the last five months. Completely flat for the year. Lower returns and higher volatiltity than buy and hold so far for 2007.
VN Forex Club
Impressed with this system. System designer very friendly and helpful! Keep up the good work!
YM Euphoria
Putting the 'curve' in equity curve.
(22808053)
Doing well so far but keep in mind that it's still a young system (<1 year and 66 trades). These are the kind of stats I like:
Avg Win $3,757
Avg Loss $1,901
With these the win% can be well below 50% and still the system makes good money. Surprisingly many systems in C2 try to maximize the win% taking very small profits and then letting one loser trade wipe out all the gains. This guy is professional enough not to pay attention to win% but making money instead.
Hawk-fx
The biggest problem here is possibly a C2 problem. This site is doing a better than ever job of showing the true colors of these systems; but, with this one, it came too late. It is too easy for a newbie to identify such systems as good without looking at the detail in these comments.
Rocket Science-Mini S&P
I have tried this system for a month or so. I feel that it takes a strong heart to follow it because of the often-big drawdown. There is no stop loss and all the orders are Limit GTC. Sometimes you have to wait for two weeks to get one order to be executed.
I believe this system might do well in a generally bullish market but could be subject to catastrophic loss if there is a big drop like the one happened on Feb. 27, 2007.
Other than that, this system is making a lot of money now and the slippage is almost none.
MK BC V2.0 Futures II
Once promising, now joining the list of "volcano" equity curves where what goes up, must come down. review by Ross
positive forex
Indeed, its a remarkable system, the statistic values (APD, Win%, ...) and ave risk is very comfortable - but I dont understand the moneymanagement of trades running big into points and the next day loosing them twice. So the only negativ point is: How much loss until accepting the failtrade
positive forex
The system is a profit maker no doubt...But we need to have stop losses and limits...to control the gains and the losses...and sometimes we feel that the system maker does not watch it...
Bottoms up
A promising system with no slippage. Vendor is very responsive. Large diversified portfolio with both long and short positions. All trades have stop-loss and take profit. Min. trading capital ~$15,000 required to offset commissions and subscription fee by sufficient margin.
positive forex
I'm new to forex and was looking for a service that provided signals on trades. I've executed a number of the trades over the last few weeks and its made me some decent $. The signals are specific with not stop, target or analysis behind the trade, but frankly as long as I make money I don't care. 100 wins out of 108 trades since they started is pretty impressive. I hope to continue with them and the wins.
Hawk-fx
Amazing how this system is still here. -92.44% drawdown !!
Signaux Forex
There is a lot to learn from this approach. No system wins always. Stick with the strategy with a tight stop loss and you will win in the long run. Keep up with the good work. It is doing fine.
Signaux Forex
system tries to beat the s&P index, but keeps falling back down like most people who don't know how to trade.
Hawk-fx
DANGEROUS TRADER
I had opened a managed account with HAWK-FX (before most of the other warning reviews) and lost 10K in about 3 months.
Mark burdge had a few winning trades to start with but then went long on dollar crosses despite the dollar weakening.The key reason why I lost money was due to Mark not using STOPLOSSESS and no hedging whatsoever despite what is claimed.He also didnt bother to email me when the account was down by 30%.
OPEN an MANAGED ACCOUNT AT YOUR OWN PERIL!!!!.I just wish i had closed my account when the previous reviws came in
YM Euphoria
I can feel the vendor's rage against the market by averaging down un-reasonable amount of funds. It puts the followers under great risks.
Although joe will likely saves current losing trade, the regular size followers have already blow off their accounts before hanging on to the end.
YM Euphoria
Like the gentleman who commented on March 22nd, I have also learned a great deal from this trading approach. I've learned that it is better to adhere to a sensible risk/reward approach than suffer massive account-blowing drawdowns for the sake of an attractive winning percentage.
Unlike the gentleman who commented on March 22, my progression as a trader will continue now that I've discarded this system. I'll judge it fair for the lesson learned :-)
Longstoch-ST
A great system to use with a sub 25K account. Easy to follow, mostly identical fills, small drawdowns. Exceptionally good handling of the recent unpleasantness ( despite of being a long-only system). Fair fee.
YM Euphoria
To the comments of March 21st. The trader screwed up. He knows it. I think he's learnt a valuable lesson. Hey he's only human. But on the other hand, he's the best trader I've ever seen. Look at his stats. Do you think the big players never have big loses in any one trading year? How risky do you think futures trading is anyhow? If you know dick about it, then expect to lose your shirt. "Take responsibility for your loses." I use this system to give me an alternate take or confirmation on my own trades as I continue to learn this game. Fact: every time I don't follow this trader's advise (with two, albeit, big exceptions), he makes money and I don't. I hope and pray that after these two loses he doesn't shut down this system, because my progression as a trader will stop there.
YM Euphoria
Another disappointing amateur who is blind to the fact that his stupidity (which he passes off as knowledge) is costing subscribers real dollars. This guy is so determined to salvage his larger bad trades that he'll throw good money after bad in order to do so. It would be really scary if this guy were a licensed CTA.
YM Euphoria
I was reconing this trader as a serious one with strict money management rules. He proved me totally wrong when all the stops for all the legs have been moved away, just for Sugarcoating the system. I said nothing when I lost big time during the China crash, since everyone got caught up unprepared but his latest string of trades, adding on losing positions, and the massive loss it caused are absolutely unacceptable. Its just an invitation for disaster. I was thinking one might have traded this system with min of $80000 until I saw trader's ignorance to money management by smashing away all the stops. That is just wrong. In my book theres no 2, 3, 4 starts. A system either makes money or loses.