Excellent communication from the strategy manager with rationale for various trades and market perspective. System consistently hits singles and doubles and losses/downturns are mitigated by taking positions in inverse funds.
Make money when the manager has correct market bias at. Loss when he has correct bias in wrong time frame. Be prepared to lose for a short term as a long term strategy.
This is another forex strategy that scales into losing positions in hopes of a reversal. So you end up with huge positions, hoping that the current trend will reverse. Too much risk for me.
Geared for a bull market and does ok as most systems do but what’s the game plan for a bear market, I’m not sure. Draw down seems a little high and seems long biased.
I came into today looking at the gold position we had yesterday. Expecting a down day we are up significantly. You just cant make this up. Get this strat!
One thing that I have learned about futures traders, they have a very high risk tolerance. As others have said here, he holds on to losers too long and adds to losing trades, with hopes they will turn around. That concept nearly wiped out 3 months worth of gains, but adding in the subscription costs truly gets me out at a break even. A bit on the concerning side.