I would recommend anyone to take a real hard look at the performance of this so called "trader" SPXTrader Futures ( 132519119 ) and think hard if you want to lose money. SPXtrader started well, December was up 20%+ until the very last day, when SPX did a trade, and LOST most of his December performance, in one single trade. January was no different. SPX did again +20%. However, this time, he did not stop at losing his performance for the month. He kept on adding to his short, betting the house that ES minis will drop, while the entire market was rallying. He closed some of this position at a BIG LOSS. Instead of taking a few days off and re-evaluate, SPX was back at shorting and lost even more money. Result? Entire total performance is minus 60%. Yes, out of $60,000 recommended money, that is $36,000 LOSS. It can happen that one does a bad trade, but the above described behaviour is a clear sign that he does not define risk and does not stick to a risk management system.
It is clear that he is a gambler.
Avoid gamblers!!!
To put things into perspective:My cost to subscribe on SPXTrader Futures ( 132519119 ) was mid-3 figures (to be exact it was $440 per month). In the last 2 months SPXTrader Futures ( 132519119 ) has made not even low 4 figures profits. My losses to date with SPXTrader Futures ( 132519119 ) was in the high 5 figures. You can do the math and decide whether SPXTrader Futures ( 132519119 ) is a good trader.
Conclusion: AVOID SPXTrader Futures ( 132519119 )
PS. I am sure he will re-sign up on C2 given he has lost so much money to people
I have been trading this strategy for about half the time it's been on C2, after following it closely for about a month prior. I interacted with the Strategy leader before getting on and he has been EXCELLENT in his communications and transparent about his trading. He is a meticulous analyst and trades with practical caution, leading to a healthy month-on-month ROI with less dramatic drawdowns. A very stable strategy for those that want to see their accounts grow steadily with no unpleasant surprises.
Hoping the leader continues his strong and steady returns over a long period, benefitting a lot of C2 subscribers in the process!
Ive been very impressed with this strategy so far, I am also a trader. The strategy continued to trade through the recent minor pull back in the SP500 and although going down slightly for a few days a full recovery has been made and off to new highs for my account. highly recommended
It feels like he is not using SLs. Had a great December, just to loose it all in the final day. Did another 26% in January, just to loose it quasi all on the final day of the month. What is going? This used to be a good strategy, but the guy is over-leveraging / using too many contracts and not cutting early enough.
Works as advertised, I do wish there was a little more hands on control especially during periods of high volatility. Such as taking profit, lowering exposure ect...
For a long time, it has been managed as low draw down, modest profit strategy. Then it blew up wiping out all of the gains from the last year. Not sure what happen to the manager as there is no communication. Proceed w Caution.
Very Good strategy. Owner is very communicative about what is happening and thoughts about the market. Just be aware it does not perform too well in a sideways market. So if you get started during a sideways move, just be patient.
Sofar it is working great and the equity curve of the last year makes my heart beat faster. If it were like this always .... I would certainly not object :-) Thank you.