I am really not sure what to do. I am about to be charged for a 2nd month without having a trade. I emailed the admin a "hello" type message about 7 days ago and have not heard back. The system stats are great, and 1 good trade could certainly pay for an entire year. Wish I could hear some "encouraging" words from the developer.
I started to subscribe Z-Trade Short Term in Jan. It is a trend following system and keep buying along the bull trend in the few months. In the beginning, I experienced a reasonable drawdown (about 7%) and now the equity becomes positive and increasing consistently. It is worthwhile to subscribe for such a system.
Very large risk taken on in order to capture very small premiums. Then the positions are managed very poorly. Have to wonder what the "proprietary indicators" are????
LRS has been a disappointment - flat over the last 5 months and recently having its worst month ever. It is VERY difficult to trade because most of the stocks are illiquid. Trading at IB, I have had forced buy-ins of shorted stocks, and at other times have waited days for shares to be available to short. This is not a system you could scale up. On the plus side, LRS has a low net market exposure with its large short position and should do relatively well in a selloff. I has a good long term track record, but be prepared to be frustrated. If the developer could apply his stock picking ability to larger cap stocks, his system would be more tradeable
Seems like a nice low risk strategy.
Suits me perfectly to just make 2-4% a month compounding
The traders is a nice guy also and happy to answer questions which is great.
It seems IB is the only place this system can be traded so I went to the trouble of opening an account there but even then, the short shares are often difficult to borrow. And I was forced to cover the shorts, at my own expense a couple of times, in what is called a buy-in (the SEC orders the broker to return the shares) and then pay a commission again to re-short the shares a few days later.
There is ZERO communication from the developer which feels really odd. The stocks are thinly traded with large spreads, so getting out in a fast market could be very costly. The system has been in the doldrums for months now, not making anywhere near enough to cover the high monthly fees. It's been a big, expensive disappointment for me.
A good start for this system. Nice profit factor and trade winning percentage. High sharpe ratio with no steep drawdowns yet. I would imagine that most people will trade this system with some leverage to increase trade sizes. Its early so these statistics will most likely fall, but if developer can stay away from massive drawdowns then this system could be a nice winner for him and C2 customers. 3 stars for now but I would increase if current performance continues. Nice start.
His indicator has provided an incorrect directional short signal for the past week, as it can't "handle" this slow market move upwards characterized by very little volume, which may be the market behavior in the forseable future. He abandoned his signal today and told subscribers to close the short position. This is a huge red flag for me whenever developers decide to provide discretionary trades as it negates all the analysis and testing of the system.
Extremely easy to trade even manually if using a broker that allows you to enter the orders in bulk. Thus far no issues, except perhaps the system not immediately taking into effect news related stock movement (bad quarter results, etc.) resulting in buy triggers at far below the limit entry point. This seems to resolve itself a trading day or two later, but I am unsure as to why the adjustment does not happen immediately. Otherwise, extremely happy so far and barring a black swan, it is hard to see this system suffering an extreme drawdown.
System developer is timely and consistent in updating stops and limits. However, stops are set a bit low for my risk tolerance. There also seems to be too many picks from the semi-conductor industry....
ottimo sistema, ottima persona, affidabile e onesta..
ho guadagnato molti soldi con topaz nq100 m...!!!
di gran lunga il miglior trading system che abbia mai avuto...!
lunga vita a TOPAZ...!!!!!!!
Had a nice year last year - close to 50%. Trades a bit more frequently than other long/short ETF systems here. Not sure if it can be used in an IRA without violating round trip rule. Keep up the good work!
System has performed poorly for the past 9 months, seems that the system is not built for whipsaw markets and until trending reappears, system likely continue to underperform.
Its a low risk, consistently profitable system so far. One needs to increase number of lots base on his or her account size. It could have traded few more times per week since it only scalps a little each time. .
After I joined Enchante, it got 3 consective trades with extreme draw down that culminated to the biggest draw down of 99k. It will takes year to recover this loss. After the big draw down, Enchante tried to win back the loss in a hurry ant that's resulted in a few more trades with big DD. Now it is getting downward momentum and seem unstoppable. I learned good lesson in evaluating the system, look for cue of extreme risk that is hidden those high percentage win. Now I look for a more balanced system with low DD that can survive long term.
I joined Faith In Reach for almost a month due to its excellent result of the last 4 months. During this one month, there were a lot of mixed results. A gain in one week can virtually wiped out in one day. At time I can be nervous about the pending trades but the developer seemed to pull good number over all despite of some quick and deep pull back. I will stay with the system as long as the overall results are good but will not be surprised if deep and quick Draw down occurs. I'm trading this system along side with other more diversified and matured systems. Hope the developer of Faith In Research can continue his magic to obtain good numbers.
I decided to auto-trade Z-Trader Commodities, a new offering from Carlton Chin, to diversify my portfolio after watching zFutures (Diversified) Adamah Cap and its impressive gains over the course of the seven months it has traded on C2. Immediately after signing up, Carlton contacted me to offer any help I needed and further information about him and his trading philosophy with results of his trading dating back to 1996. I have decided to begin auto-trading Z-Trader Financials to further diversify my portfolio.
I decided to jump in and test this system on an FXCM demo account since its free and looked appealing. So far the past two weeks have shown positive results with good money management practices. I will update this review when I switch to a real account and trade this system for a few more months.
With the current level of volatility, this system will take at least a year to establish its viability. Time will tell. Next to nothing in the way of detail is offered in the system description to even hint at how the stock selections are made. System forum currenly only reflects hype and excuses by the developer. Good luck.
I have known the developer sometime and he is careful, well studied in the area and has produced a calm, predictable money maker. Drawdowns and win/lose ratios are very good.
To get a proper understanding you need to use the dropdown arrow to see the trades within the trade.
The developer seems to scale in and out of positions, rarely having all dollars committed. Also notable is the lack of margin usage.
Annualized ROR is 23% compounded as of 1/26/11 (max DD to date <10%) versus 11% for the SP500 in the same timeframe (with a 16% DD)
I would highly recommend Topaz System. I have been searching for a system to trade for quite a while. The basics of the system makes sense and it is easy to trade manually as well (10-15 minutes per day, before markets open so easy to manage). I would recommend choosing a broker with per share commissions as the flat rate charged per transaction would not work well with this system since there are quite a few transactions every day.
The other great thing about this system is that it's owner, Dr. Koch is always available to answer questions and concerns. I was extremely impressed with his professionalism and that just go to give me more trust into the system. He answered every questions I had within a few hours.
For those reasons, I would highly recommend trading Topaz System.
This system have a very reasonable win/loss ration and very low draw down. The low draw down will help protect the account so that in the long run it will make money. The developer described his trading phylosophy in the system description. I currently rated as 4 stars and will upgrade it to 5 stars when the system show consistent performance for a long time.
A few people must have dropped out of this system with the recent drawdown, since it is again open to new subscribers. It may not be open for long. The vendor does take risks and has incurred some pretty significant drawdowns, but that is to be expected with the sizeable gains he seems to consistently make. I personally think $30K is too small of an account to trade this system at the recommended trade sizes, but I probably have a lower tolerance for risk than some. If he can keep up these profits after a full year without blowing up the account, I will definitely bump up my review to 5 stars. For now I am tentatively impressed and enjoying the ride.
