So far this strategy has been very consistent and profitable. The main driver of profits is cash-covered puts. There aren't a lot of trades so it's quite easy to trade manually and, with no use of margin, it's suitable for an IRA. The strategy leader is very responsive and professional. I may have found a keeper.
This guy knows about risk and it comes thru in his system. Sometimes I am surprised how much this system gives back on a trade, but big swings equals big profits which is on this systems track record. 11% DD as I spoke about. There is a reason this system is/has been in #1 slot. Best system on C2 IMHO.
Good strategy; excellent return to risk performance. My suggestion to subscribers would be to stay with the strategy for a year at-least to get good returns. Trying to time your way into the strategy will not work. Also do make sure you join all the positions in progress. The positions seem to support each other.
This strategy is similar to the "Momentum of Now" strategy, and enjoys the same excellent risk management and systematic process. It's IRA compatible, long only, and follows sound process, which is what drew me to it. Danny has been a strong trader for a long time so don't let its short history fool you.
It seems that some kind of craziness is spreading among the managers of some of C2's most conservative strategies. It already affected the manager of Futrs Only and now it has spread to the manager of Mini SP500 ES. Last week he had a big loss (in terms of his previous record). Something like 5% of capital, which is a lot for this strategyl. Today, instead of returning to his previous prudent style, he decided (I suppose) to make up for his losses in one session, like a casino player would do. As one would expect, it didn't work and more money was lost. During the weekend I tried to contact him to discuss his sudden strategy change but I got no answer. After all this, I am considering leaving C2 altogether because these two guys were the only ones I found that conformed to my trading approach but they have now become gamblers.
the manager lost more than his preceeding year of profit in one frenzied trading session where clearly frustrated by loosing he gambled harder and harder and lost more and more. then didn't have the decency to reply to a polite enquiry on my part a longstanding subscriber . in fact there has never been any communication . with this temperament ones money is not in safe hands in any of their strategies
I was running this strategy since more than a year. It was excellent until recently, last months profit barely covered the costs and maximum DD became more than an order of magnitude higher than earnings. At the same time communications with the manager are poor.
Totally agree with the reviewer below. The worst part is there was no communications whatsoever on the sudden change in the operation style. Very disappointed. The manager runs multiple strategies under this account so any new subscriber should proceed w caution.
This was a good strategy for a long time. I was a subscriber for more than a year. The returns were far from spectacular but the risk management was very good and losses were very limited. Last year it made 17% with very moderate drawdowns. Overall, a dependable, conservative strategy. And, suddenly, last night the guy got completely crazy, made a number of large transactions with huge losses, erasing practically all the profits from 2020. I feel cheated because I had come to trust this manager based on his previous performance and suddenly he turned into a reckless casino player. Think more than twice before you subscribe to this strategy.
This manager used to be good. But recently the trades are VERY OFF! I lost tons of money overnight.
Please think before investing in this manager again as it's more gaming all the stragies.
The results and data points speak for themselves. What I can add from a personal level is that of maybe six strategies which I evaluated fairly thoroughly, EVA from NQ Positional was the only strategy owner who answered my questions patiently, thoroughly, and quickly.
I'm two months in now and am very comfortable having a fair portion of my net worth tied up in NQ Positional.
Once you climb the hill, it's steep downhill. The trader changed theme to intraday during Nov and the problem is his algo trade or whatever is not suitable for intraday, but he insists it gave better backtest, but backtest must have been on close price, there no way you can backtest on intraday prices up and down. So his system basically kept losing out on StopLoss during all intraday trades because it doesnt know how to deal with intra volatility, Stopping out at little up and down, quite ridiculous. It would have been better if he kept original week swing system.