MORE Capital
Any system that delivers extremely high annual returns is going to have periods of drawdown. So far, I still like MORE Capital.
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.
MORE Capital
It looks like these systems are in a draw down right now with a string of losses. Typically you know you are in a draw down when the system is NOT in sync with the market and day trading become a long term trade if it's a loss. Most developers are comfortable with taking small wins but are hesitant to take small loss and hope that it will recover. From the last week I observed that, a winning trade will be taken if is in a pullback and after taking it, will see it going a lot higher and then another trade will be taken in that direction, hopefully it will continue, only to see it reversed and this process will repeat. This system have had a great run and due for a pullback and so far a few people are expected that and expressed in their system notebook.
Compounding Income Stream
A solid system with nice monthly returns. I have found it very easy to trade manually with very low commissions.
XXX
It's holding the same losing position for two consecutive weekends and bearing ~5% drawdowns.
mini ART FX (AUD EUR)
Was a good system when it was being traded. Have not received any replies from the developer in response to my recent e-mails over the last couple of weeks, so I don't know what the status is of the program these days.
mini ART FX (AUD EUR)
Is this system still alive? No trades in the past two weeks and no response from the developer to my repeated personal messages. For a steep subscription price such as this, I expect a lot better.
Kagi Capital Growth
Certainly one of the best long-only trading systems on C2. Extensive track record, 36% plus average annual return, well managed risk, low trading costs and low subscription fee. Also developer is very responsive. Hard to see how things could get much better.
SuperrPips
I'm cautiously optimistic about this system. On the pro side, dev seems to be consistent with its risk/reward ratio and with his overall strategy, which in is IMHO key for a succesful system. He may have an edge, and his edge may work across market conditions, emphasis on 'may'. On the con side, $89 is expensive when a month is not profitable. Would be nice to see dev gaining TOS status and put his money on the line. Also system is still young and not proven. Time will tell.
SuperrPips
I have been a subscriber for some time. I think that the best indicator of the robustness showed by this system so far is the mildly negative performance of February, a month when most of the fx systems have experienced severe drawdowns.
ndxtrader
Good so far.
Rainier
Z Trading 2
I concur with the last reviewer. The system description states that "You won't see high or extreme rated trades on my system." I leveraged up based on this assumption and got burned. I'm still going to stick with it for a while at a lower leverage since his performance was so impressive up until that miserable trade. If I see another case of "gunslinging" with stops getting pulled or moved 10 points then I'm out.
Z Trading 2
How sad. 1 trade wipes out gains all the way back to October 2011. The worst part is the trade was totally out of character for the vendor. We trusted that he would continue with risk commensurate with the past and he did not. Stops were elevated multiple times today. This is what makes people so gun shy on C2.
PIPALERT
Just hang with the trade.....this is a money making machine.
MORE Capital
I conclude as an observer, and now as an investor, that this is a system with a solid methodology.
WSS_Gold100oz
Great system that requires some capital to trade and a stomach for some drawdowns but offers good return. If you're well funded, I would recommend you add WSS_Gold100oz to your portfolio of C2 strategies.
System 64862505
This is the best system I find so far, the pros are: great trending detection and entry timing; the cons are: waiting for trending reversed can result in reduced profit, and sometime volatility ETFs diverge with market trend, eg. bot TVIX@51.11 on 11/11/2011, sold TVIX@58.96 on 11/22/2011, profit 15%, it went through a complete trend until reversed, TVIX spiked up to 64 on 11/17 and 11/21 two times, the max gain could be 25%. Another trade, bot TVIX@48.10 on 12/8/2011, closed @39.50 on 12/15/2011, loss 18%, in that period, S&P went from 1261 down to 1212. So, how to benefit this system? First, set stop loss order. Second, take profit promptly. Third, be careful with those leverage volatility ETFs such as TVIX, you may consider buying spy calls/puts if you know options.
RTS SPY
Steady growth, low drawdown, I like it taking advantage of major trend moves, low commissions and low volume, spoke through skype with developer!!
Strawberry Rhubarb FX
Every system has its ups and downs, this unfortunately has been on a tear downwards. It seems to be like going to the roulette table and keep doubling down as you loose more and more. If it turns around and gets back on track in the future, I may step back in, for the time being I am staying on the sidelines.
Strawberry Rhubarb FX
With the European crisis heating up in February the markets have been shot all over the place. To actually think that everything would be smooth sailing and trading would still produce stellar results is ridiculous. The developer does not have a holy grail here but he is trying and I am sure he is learning from the experience with his recent changes to include tighter stops.
It's worth sticking in for a while longer to see if he will recover.
Although, I do agree subscription fee is a little high especially for those of us who scale down. Maybe he should change his plan to performance based.
Strawberry Rhubarb FX
System loses months of equity in just two days and has been on a downtrend since mid January, about a third of the life of the system. Dev relies on a high rate of small wins vs loses but he seems to have lost the edge as shown by the recent massive and frequent loses. In response to the recent drawdown developer has bumped up the number of lots traded increasing risk. Positions are held over weekends... Sounds like it's going to be extremely difficult for the system to work out long term.
At $236/month and with many other forex systems coming up on C2 with more stable equity curves, better risk/reward profiles and cheaper monthly rates a it's hard to see the value on 'Strawberry'
SuperrPips
I probably didn't give it enough of a chance. I have to be fair, this system is one of my favorite's in C2. The gain per trade is very good. I just don't like the conditional orders, it just doesn't work well with MB auto trade. The developer seems to study the market for the week and place his orders at the start of the week right after the weekend. It has a sound strategy. Wish him and it's subscribers the best. A 3 star rating for Good.
Strawberry Rhubarb FX
The system was due for a pullback. Now would probably be a good time to start trading the system, if you have not already.
PIPALERT
I subscribed to PIPALER 30 days ago. I think the system waits out times of high volatility and takes its profits in slightly calmer markets. The manager takes profits when they are there. He also takes a small loss in order to exit position which is about to backfire or exit position which went bad but has a temporary recovery. Both are very much appreciated, as I hate draw downs which are all too common for all FX systems here. I do hope we will avoid big draw downs as I am somewhat "allergic" to them. :-) The history shows the manager has staying power and can generate consist profits. I was subscribed to a lot of systems this is one of the last 2 I am running.
PIPALERT
I have subscribed to several systems on C2. This is one of two left. Consistent smart entries and exits and a great record. VERY long history for c2 so you know it is not a flash in the pan. Highly recommended!