I like this system, return between 15 - 20 % with a moderate risk and at a low price, excellent for a small IRA account.
Lately is doing pretty good, keep it up Paul.
I have only been a subscriber for a short while, but have been watching the system for quite a while. I was always nervous about several relatively large drawdowns in a row in 2012, but really it has been excellent ever since then. This year's performance speaks for itself. Signals often come out either at or just after the close. Not a problem if you are trading futures, but if you are trading ETFs you might have to open or close positions in the after-hours session or at the open the next day. Overall I recommend this system.
This is a young system, but it has navigated a difficult period in the markets very well. Communication from developer is good. There are a lot of positions to manage manually, but trading is relatively infrequent. Overall very satisfied so far.
Ever since I subscribed in December his strategy seemed to have been: Cut the winners short and let the losers run! His prime concern apparently was to maintain a high win ratio. Unfortunately, some developers of the more popular systems, like THE BEATLES seem to follow the same strategy - this can work fine in a seemingly unstoppable bull market, like the one since 2009 but when the market turns it could produce large losses. If you look at The Grid, the best long time performing systems with less than 25% draw down have one thing in common: Low win ratio but high average profit to loss ratio.
A very nice low risk system.** All trades seem to be in the low risk category with a couple normal risk. The return has been excellent the last couple months after some initial choppiness. It works out to an annual return of around 100% if it continues in similar fashion.
The draw downs seem minimal with only a 6% chance of a 10% account loss which is very reassuring.
Will definitely move it to 4 stars after it establishes a 6 month plus track record with similar statistics.<br/><br/>[C2 Administrator Note: Remember, no system is low risk. Trading is risky. Use caution when trading.]
Very strong system as presented but the statistics understate its effectiveness since trade size has not increased with equity. Trades more often than vendor's original EOD system, but retains its reliability.
I really like this system. I don't trade options, but use these signals for buy/sell 3x ETFs. The trades are spaced far enough apart so that I don't have any trouble with my IRA's 3 day clearing rule. If NOT trading makes you nervous, it may not be the system for you, but the frequency of trades is good for me. Communication from the author is good also, clear and concise. Not too much, not too little. No verbose commentary on market conditions - lord knows we get enough of that elsewhere - which I appreciate. Keep up the good work!
Six consecutive losing months, 14 losing trades out of the last 20, max drawdown now about equal to expected annual return. Why does the system vendor continue this recklessness? The “strategy†of Spy 2X is to pick a trigger about 1% above or below the EOD price, commit the ENTIRE amount of current equity to a long/short position once the trigger is hit, then pray that the trade will continue in a profitable direction. If that was all there was to trading, we’d all be rich. The vendor needs to close this system and go back to school.
I am trading this system since middle of December 2013, with a total profit of $9000 to date. Initially I used G3 AGM/IB but I stopped it because the G3 fees with AGM are just not fitting this relative trading intensive system. I switched to Trader68, had some issues as well but Trader68 provided a fix and since then it runs smoothly. Using a G3 Broker only makes sense if you have low fees e.g. 3-4 per contract max. John, the system developer is very responsive, answered every message promptly and provided additional information on his performance track record. I can recommend this system.
The statistics and track record say it all. If you want excitement from trading everyday, then not for you. But if you just want profit, then this is a good system.
Over the past year, I've subscribed to about six systems here on C2 and Bob Dylan has performed the most consistently for me. It went through a few months without a single trade, and that was a little frustrating. However, when it did trade the results were excellent and more than made up for the subscription fees. The developer seems to know what he's doing, and enters the market only at the most opportune times. Based on this past year's performance, it's one of the few systems I've tried that I feel confident "setting and forgetting". So-far-so-good.
This is a solid trend following system. The developer follows a discretionary rules based system, the detail of which is explained on his website. He focuses on risk management and capital allocation per trade. Following both of this developer's systems has netted some good gains. The win % is not important as he lets the winners run. The winners more than make up for the small losses on the losing trades.
Optimized Partners ll is a good system. Brad Papas is an ex-trader from one of the large brokerage houses and decided to move out west and start his own trading systems. He has considerable client funds under management. I do not follow his system verbatim in that I scale out in half lots when a certain profit or loss level is reached. One of the underlying factors that makes this system attractive is his ability to anticipate market reversals and move into reverse ETFs as a hedge in protecting part of your equity profits. He does a good job analyzing fundamentals. You have to watch the liquidity on some of these small and midcaps. I've had no problems entering or exiting so far.
Greg Price
The last 100+ point drop holding a long position should not have happened. Either the system owner does not care anymore because of subscriber revenue or is just simply asleep at the wheel.
Disaster over the last 4 months, trade duration is getting longer, it appears as if the trader was not in front of his screens anymore, he forgot to roll last month's future despite holding a position on it, lot less active and opportunistic than 2nd half of last year, for 400$/month....good bye
The results really have been disappointing for some time now. A lot of setting stops at turning points. Often shorting "into the Hole" after a decent pullback has already occurred and on false breakouts.
Seems that the glory days of this system becoming to end.
Almost 4 months lossing money, and in this last month the gold change from 1374 to 1292, 80 points and the system all time in the other side of the market losing money.
Good trading system, but have very bad capital management, he say that is using stops but is not true, with stops you dont lost 42% in one month. I feel cheat by the developer, i wrote him a few times to start using real stops loss again but he didnt do it. Now we see the consecuences... Fortunatly i use stop loss and i havent lost so many money.
The poor performance speaks for itself. After a stellar start & initially TOS certified (but no longer), went on to blow a 40% hole in account. Forex is the worst market to trade.. period. There is no edge and I've never seen it done.