Looking at the raw pips, one of the best forex systems on here. I put a 100 pip stop on all positions and don't average into posistions, this has helped me from the big drawdowns while kept me in all the winners.
It is very un-practical to buy 20 ES & 20 NQ at one time unless you are trading with a $150k account. The system was doing good till the market turned down and then still there were mostly long signals -I need somebody smarter than me -thats why I subscribe.
Ouch, first two trades with Timac have gone south fast. Doing only forex, 160 pip loss on one, still waiting on the other but down 200 pips on that one. Only with system less than a week. Be Careful!
It seems a non-mechanic discretionary system. The System Vender performs great so far but tends to bet heavily with his firm believe against the market trend – resulting either huge gain or loss (risky). An outstanding young system needs to be observed for longer period for stability.
Been on the trial for a couple weeks. Not too bad, so far 53 round trip trades and 138 pips; this from actual trading (not C2 fills). For me, I average only 3 pips per trade so it won't take much to send me into the red with this one. Performance has improved over the last few days though, so I'm sticking with it.
Although the trading system has been recently shortened from the four major to two majors now (ie USD-YEN and GBP-USD) there are just too many signals and too many cancellations within minutes. I follow them for some weeks on the Open Instant Trade Messenger (ITM) window since I am going mad opening all emails. But still very confusing to me. It is a fast system, of course, but a little bit "too fast" for me to follow :-)
Still new on collective2 and in the 'learning mode' but try to limit the amount of signals otherwise I am now never sure whether I can trust a signal and not cancelled a few minutes later. Better to have 3,4 or 5 signals/day and that's it.
Whats the matter, the system has general very successful alerts during May-06, and suddenly its totally disabled since 24-May... anybody there?
System Creater... please respond.
Subscribed for the 22 day trial. Great first week, 400 pips up, but ended with 62 round trip trades, and a grand total of only 17 pips. Easy to follow and auto-trade.
Tough to stay with it, but if you have the stomach, this system and it's creator have the pedigree to make real $ for you. I have known the creator for 2 years and can vouch for his integrity - worth something in this game
After subscribing to this system for more than six months, I finally gave up. This strategy should work for vendor, but not for followers because of huge slippage. Look at the intraday chart, you will know what I mean.
Good system. Sometimes cannot get the same price as the system does. Very astute trading. Worst feature is the fact that there are frequent additions to trades. I would recommend it to anyone looking for good profit.
Results were good when I was subscribed. Luckily I got out before the current drawdown. I think Consensus was more interested in a 100% trade record than using stops.
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.
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?
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
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.)