looks like the only one making any money with this system is the developer with his overpriced subscription fee. This system is a great candidate for the pay only if profitable.
Ditto!! Dec.7 Review is right on. System is also great if you are stuck with a gen3 broker like Optionsxpress that has issues with systems that submit alot of limit orders.
11% drawdown since the beginning of November. Looks very similar to the drawdown back in May. Back then the System recovered and went on to more gains... YMMV. Needs to be auto-traded unless you enjoy missing sleep.
The system is valid as for trade picking, but it isn't as for position management. In fact a basic rule should be raising stop loss to breakeven when reached a significant gain and another should be not keeping positions opened through the week end (specially if they are contracts regarding crosses).
None of these rules is followed by this system. Unfortunately.
Can't hold on any longer although this system could turn around and put together a string of winners. No disastrous trades but small ones which over time are drawing down my equity along with the $100 monthly fee.
There's better systems around but I will keep Timer on my watch list
The 2 star review was too harsh, but the 5 star review is too enthusiastic. The system still only has 41 trades under its belt and less than 1 year of history, so it is too early to say if it is just a hot streak or whether this system will really be robust and consistent over time. Also the management of stop losses leaves something to be desired, as the most recent trade barely missed the profit target and was allowed to reverse all the way into a large loss. It seems to me that it might have been prudent to adjust the stop loss to a breakeven stop once the position had a solid profit. So I give this system 3 stars for solid steady performance thus far. Protect profits better and I would say 4 stars. Keep it up for over 1 year and 100 trades and I would say 5 stars.
I have tried many sytems in the past and this is by far the Best one so far , not only because it is winning so far but it makes mathamatical sense .It should continue to be successful and I would highly recommend it Thank you to its creator
Joe S
With a brief experience so far, I can give no better evaluation perhaps than that I have my money with this vendor. His communication is timely and forthright. And much appreciated. Above all, RESULTS are encouraging!
Very good track record, high win percentage, solid annual return, reasonable draw down and reasonable subscription price. System creator responds promptly to questions. Overall, probably a near exemplary system!
Up more than 40 percent in 5 months, especially when the market has been struggling a bit is no mean feat. Roger knows exactly when and how to manage risk versus reward. Now my only regret is that I did not scale into this system sooner.
I have read many of the reviews, and find the negative ones to be far off base. If someone is looking for a system that is correct every single time, they will always be looking because it doesnt exist. Most of those traders are overly reactive and emotional, and hence unlikely to find investing success. ETF Timer is a great system. The vast majority of the time the system takes the correct side of the trade and mitigates risk by scaling in to and out of positions. It still outperforms any equity index, and trades seldomly compared to most systems. Never use one system as your entire strategy, but use multiple. With that in mind, ETF Timer is a great addition to any portfolio
What a disappointment. After a very promising start with a frequent trading style, taking small profits but also cutting losses short the vendor all of a sudden lets a Crude Oil contract run up a huge loss in relation to the account size and his previous trading style. He replies to my question that the market will turn around for a big profit. A few minutes afterwards he changed his mind, takes the loss and reverses the trade - now he lets that trade also run into a big loss. Why do traders change their successful trading styles?
Without any type of standard review criteria its hard to say whats a 2,3,4... etc. I just feel One"N"Go is a 4 star system. You know what your max losses are going to be and the history so far says if you stick with the system you will make money. I believe until something changes the system is 4 star.
I have at one point or another been a subscriber to probably a dozen C2 systems since summer 2010. All of them looked good and most had at least a year of trading history. Eventually most of them tripped and started losing money. I think its fair to say that 95 percent of whats for sale on C2 is garbage. LongRun Special, however, stands out as the one system on which I made the most so far. Even with Interactive Brokers there have been cases where I couldnt locate shares for shorting but that more the exception than the rule. Also, sometimes shares become available at a later date, so it pays to keep an eye open. I give the system top scores for out-of-sample consistency.
This is the 3rd C2 system I have subscribed to and the one I like the best. Topaz finds oversold stocks and sells them within 12 days. I like that it only takes a few mintues in the morning to trade the system and I do not have to check in during the day. I do not use margin, so each trade I use 5 percent of capital. Topaz is not for small accounts since some days there are 20 trades,but most trades are positive with a occasional big loser
I cant say this is a bad system-it may be a fine one-but it is highly leveraged. Thats how it can return 44+ percent trading short term bond futures. Currently long 8 ED X $2,500 multiplier @ 99.618 = $1,992,360 of exposure to Eurodollars in a $158,641 model account. Current total leverage is about 20:1, and has been higher. It has recently broken its steady uptrend. System may have gotten a one time boost from falling interest rates this year.
I have been a subscriber for 1 month. Over that month I have made a nice steady profit but more importantantly, have been very impressed with the risk management at TrendTrax. The developer is also very responsive. Great start for TrendTrax.
This system was showing exceptional results till just a couple of weeks back when something started going awry and the position size suddenly increased as well, at the worst possible time. Hope it regains its original glory soon.
Starting to wonder about this system. The tight stops are nice risk control but seems like they will result in very low win percent. Lots of small losers can lead to death by a thousand cuts.