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Recent Trading System Reviews

On this page, you will read both positive and negative reviews posted by real subscribers to strategies. Regardless of whether a review is positive, you must remember that there is a substantial risk of loss in futures and forex trading, and also that there is a substantial risk of loss in online trading of stocks, options, and equities.

System Stars Reviewed Review
3
 		 02/20/2012 The system was due for a pullback. Now would probably be a good time to start trading the system, if you have not already.
4
 		 02/20/2012 I subscribed to PIPALER 30 days ago. I think the system waits out times of high volatility and takes its profits in slightly calmer markets. The manager takes profits when they are there. He also takes a small loss in order to exit position which is about to backfire or exit position which went bad but has a temporary recovery. Both are very much appreciated, as I hate draw downs which are all too common for all FX systems here. I do hope we will avoid big draw downs as I am somewhat "allergic" to them. :-) The history shows the manager has staying power and can generate consist profits. I was subscribed to a lot of systems this is one of the last 2 I am running.
5
 		 02/19/2012 I have subscribed to several systems on C2. This is one of two left. Consistent smart entries and exits and a great record. VERY long history for c2 so you know it is not a flash in the pan. Highly recommended!
4
 		 02/19/2012 Someone on the trade of 2/16 opened a position with 1,000 minilots!! To me, this is just insane. This idiotic move was rewarded with a $100K+ drawdown in that person's account. How is Hans possibly going to make any money with his trades if subscribers put on positions that large? Yes, I know that EUR/USD is very liquid, but if a bunch of us put on positions that big, we're never going to make consistent profits. Professional market traders see these trades on their screens and have much more leverage than we do to force the market in the opposite direction and run the stops. I give Hans much credit in trying to actively manage his stops to get the best outcome for us, but all of us need to do our part and scale-in with moderation so we can all profit together as a group.
1
 		 02/19/2012 In a couple of months this system is dead like 99.9 systems of this web page.
4
 		 02/18/2012 Overall the system has certainly been impressive, however, history has shown that double digit monthly returns are not sustainable in the long run and trying to keep a high win percentage at all cost is troublesome. If you look at all the fx systems older than 1 yr with less than 30% dd and CAGR of at least 37% you will find that all have a low win ratio but a high avg. profit/loss ratio. I wish the vendor would adopt a similar strategy.
2
 		 02/17/2012 Keeping a position over the weekend is not a good idea . Take the (relatively) small loss to protect subscribers from potential larger losses - especially with potential Euro news. This action has blown up many C2 systems. This approach is concerning as to whether the real reason is avoid another blemish on the win/loss track record. After taking the big loss with 40 mini-lot positions, the next trade size went to 45 mini-lots. Very aggressive move to try and recoup loss. Sometimes the trades get stop-loss orders, but then they get canceled. Not sure why. Therefore, the trade is not protected at some times. Case in point is the 2/16 trade, which had a stop loss, got canceled and then the price below through communicated 90 pips SL.
3
 		 02/17/2012 I have a few concerns that apply to other successful systems on C2. First, the developer stated that there is a 90 pip stop loss. If you look back through the trades, on 2/16/12 the system suffered a larger loss than 90 pips. Second is the risk/reward ratio. If you look at the amount that the system is willing to sustain as a loss, it can be 10-15 times the average profit. That creates significant pressure to maintain a VERY high win rate. All in all a good system but could do with better risk mgmt.
3
 		 02/15/2012 I think this is a good system, but it hasn't performed well in the current market conditions. I traded it for 6 months and didn't make any money. I might have stuck with it if it were a performance-based subscription.
5
 		 02/14/2012 This system is excellent. Win percentage is outstanding and dd on most trades is nonexistent. The developer stays consistent with 2 mlots so that subscribers can multiply their mlots appropriately. The system trades 2 mlots and makes average win of $39...Trade 20 mlots in your account and you'll be seeing the same $390/trade that I've been seeing. By far THE BEST system on C2.
4
 		 02/14/2012 this system is what i've looked for, low turnover, very good results and low drawdown, even after the recent volatility, developer is always available to answer my questions :)
1
 		 02/13/2012 This is a good system the only thing you need to know is in what month he is going to loose 35%, NO MONEY MANAGING, I will call it the "LAS VEGAS HOLY GRAIL"
4
 		 02/09/2012 Developer is working hard to make money for subscribers. Only one losing trade in the last 15 and it was 2 cents per share. Trades often so need to stay engaged or auto trade. Longer track record needed to earn top rating but system is on track.
2
 		 02/07/2012 The method of implementation is, in part, being driven be the way per-trade-fees are collected and performance statistics are calculated. This is to the detriment of the subscriber. Two points of note: Money management. The methods adds to losing trades as the market moves away from the entry level. This gives fewer losing trades (higher % winners) but also gives far greater risk and larger $ losses if market does not revert sufficiently. Fee and slippage. Winning trades are frequently closed out and immediately reopened. This causes extra slippage, brokerage and trade fees and improves the strategy statistics due to many more winning trades (but with a small gain) Look at the timestamps and prices in the trade history. A fixed monthly fee would be more appropriate here.
5
 		 02/07/2012 I've been a subscriber since September of '11 and I believe that this is the best stock system on C2. If you don't believe me, do a Grid search on all stock systems with Age>700 and Sharpe>2.5 -- only one system meets that test. This system has proven to me that an excellent human trader like Julian can beat the best mechanical systems. He currently trades pretty conservatively (there is often a lot of idle cash) so don't plan on getting rich quick. If you're like me and are happy letting your account grow at 30% per year or more and not suffering a sharp drawdown in the process then this system is for you.
2
 		 02/05/2012 I am giving this a fair rating for the following reasons: 1- Risk is handled in a very acceptable manner. In over a year of trading, the average adverse excursion has been very reasonable. 2- Unfortunately, the equity line has been flat for over a year. I've experienced great gains followed by periods where it has all been given back. Now we're told that the subscription fee is going up... I am anxious to see if it will be worth it.
5
 		 02/01/2012 I have been auto-trading this system and cannot be happier. Does it have it's hiccups... yes. Does it recover quickly and keep making money... absolutely! The win rate speaks for itself. The developer is great at what he does. He also has great communication. My only fear about this system is not the developer or his system.... it's the negative people that may distract the developer from managing the trades, or worse, cause him to discontinue it. I concur with the previous reviewer... if you're not happy with the results, please unsubscribe and let Strawberry continue making the rest of our accounts grow at an exponential rate!
5
 		 02/01/2012 So far this system rocks.......good communication. If you don't like the trades.....cancel your subscription and leave the developer alone to keep making money for us.
1
 		 02/01/2012 I just got burned with a 7000 loss today. So investors be careful with new system. There are a lot of risk with new systems when there is no long track record to examine the trading style and phylosophy.
4
 		 01/31/2012 This system seems to be quite good. The only thing I don't like about it is the risk (about 90 pips) versus the reward (about 10 pips) of a typical trade. What remains to be seen is how likely it is that there will be a string of large losing trades bunched together to produce a very large drawdown. I'm willing to take a chance that this won't happen, but I'm trading at a much lower leverage than what is shown on C2. A good rule of thumb I've heard is to risk no more than 2% of your capital on any single trade. The last large loser in this system (as of 1/31/12) was 9.4%. I know I can't stomach that kind of loss and I doubt many others can either.
5
 		 01/26/2012 From my years of experience with C2 and other trading communities, I conclude that there is no perfect system out there. Strawberry is a consistent profit maker with well-managed risk. It is as good as it gets.
3
 		 01/26/2012 In my six months subscription to this strategy using automation, the P&L was negative when I included commissions and subscription fees. It's not a bad system but I feel the fees are too high to justify until it shows more profitability.
1
 		 01/26/2012 A good manager should demonstrate strong discipline and therefore resilience when trades go against him. During adversity this manager's style morphed into 'shoot from the hip'. Very disappointing.
4
 		 01/26/2012 I have been autotrading Strawberry for 2 1/2 months and has been a consistent money-maker for me. Differently from other systems, cares about his subscribers. He is cold-blooded but enjoys sense of humour. Four star not for the quality (I think he is top and I believe there are only two other systems for FX here at Collective that stands in the same league) but because the system is relatively new. I'll review again in some months and after, hopefully, gained more money!
1
 		 01/26/2012 Another person/trader who does not care about the money of other people. Tries to be smarter than the market does not recognize that his subscribers lose money. Only excuses, really bad.
3
 		 01/26/2012 In addition to the previous review, Hicks is no doubt a good trader with great communication and responsibility. I personally would rather see trades abondened at least when price action like a strong reversing bar closing above recent price range when you are short which should have like the recent GBPJPY trade, even if this strategy will increase comissions and may effect overall performance, i.e. entry maybe followed by a late re-entry, the will be less love lost. Keep up the good work Hicks.... make us proud.
4
 		 01/26/2012 1/25 - As the previous reviewer notes, the system developer stays true to his stops. However, those stops have been hit with increasing frequency as indicated by the declining monthly returns: Sept: +25.5%, Oct: +19.6%, Nov: +18.8%, Dec: +13.5%. January promises to be lower still. While the above returns are outstanding, the declining trend is cause for concern. While stops are necessary to give the trade a chance for success, the trade should be abandoned when the reason for making the trade vanishes. The developer shows his ability to reverse his position quickly to recover losses, but he has had two losing weeks in January. I hope I am proven wrong and the previous success resumes. I would be glad to revise my rating to 5 stars in that event.
1
 		 01/25/2012 I've subsribed to this for 3 months, and have been loosing money. This system may work on autottrade, for me manually placing orders after receiving the email has not resulted in any profits. Also, I made a loss in Dec, whereas the web-site shows 8% gain. So, I've just un-subscribed
5
 		 01/25/2012 1/25 - Once again the system owner stays true to his stops, proving that he is not afraid to take a loss and then move towards recovery, rather than "holding and hoping" and dragging his clients through precipitous drawdown for the sake of a good looking record. With this system, I know exactly how much I stand to lose on any given trade and can scale accordingly, and system's past record confirms quick recoveries. Outstanding risk management coupled with thus-far excellent returns.
3
 		 01/23/2012 How about cutting losses short and letting winners run instead of hope and hold? On Friday 1/13 vendor had a small losing position, instead of closing it out during the end of the trading day he added to the losing position for unknown reasons. When it was clear on Monday that he was wrong he nevertheless held on to increasing losses the whole week. Is the vendor asleep at the switch? What a shame for a system which had a promising start.
3
 		 01/23/2012 I have autotraded Venters for almost one month. I like the concept of exploiting a pair that few people follow and I think the system is a sound one with a good developer behind. Unfortunately I went through one of these periods that happen when actual performance deviate from the expected and I give the developer the benefit of the doubt given unusual volaitility. I unsuscribed but on the ground that it was not suitable for my objectives. I'll come back if and when I realize that it fits my need.
1
 		 01/23/2012 Stay away. This appeared to be an intraday system but developer has held a margined position in a 3x ETF for two weeks for an 18% drawdown (so far). Maybe system was abandoned?
1
 		 01/23/2012 Results speak for themselves.
3
 		 01/22/2012 Seems to be consistent in 'normal' markets. Does best with its short-duration trades. Lost a bit of confidence in this system when it took a $200 loosing trade into a weekend earlier this month and came out on Monday with a $1000 loss--the 5% descretion that the developer cites in his description should have avoided the weekend in light of the euro crisis.
2
 		 01/22/2012 System gets hurt by deep DD over weekend trades. If this issue is resolved, maybe 3-4 stars.
1
 		 01/20/2012 This is a Martindale system, pure and simple with no stop loss at all. This can easily be seen by the current $700+ DD against profit positions in the range of $20 - $30 each. The risk/reward of a $700 loss (so far) against a $25 gain is staggering. This is the reason that Martindale systems are so risky and prone to failure.
1
 		 01/20/2012 Vendor says: "I attempt to limit risk to a maximum 5% per trade. My goal is low risk, high profit potential". System is down more than 20% because of a single short position which is still held open. Consistency is simply not here.
5
 		 01/19/2012 I agree with the previous reviewer. This is one of the most worry-free systems on C2 in both its trading style and instrument. The developer is very professional and great at communicating and answering questions promptly, and the results are better than C2 suggests if you trade with a good broker. Too many reviewers judge a system by a few losing trades, but the fact that they still chose to give this system 3 stars is a testament to its quality.
4
 		 01/19/2012 Writing this review in response to several of the previous postings. Vendor has demonstrated that he has a system which can be traded profitably over a period of 5-6 months. While I do agree that several recent trades have been less than inspirational, a few trades in the context of overall system performance in my view do not warrant a jump to negative ratings. 4/5 for overall return thus far, and good communication from vendor.
3
 		 01/14/2012 The Vendor should take profit of the trade after the draw down since this trade achieve good profit and would have recouped 1/2 of the preceding draw down. Most of the profit were take with less than 200, why NOT this one when its profit is around 500 and did not seem to run up and stead reverse. So there is inconsistency the the money management scheme and this mishap well likely hurt the system performance and will likely cause the system first loss this month. Hopefully the system will revert to its previous consistency to help its subscribers building good equity.
2
 		 01/14/2012 I completely agree with previous reviewer. Looks like Vendor is desperately chasing the market trying to quickly recoup recent losses. Losing positions are being held longer and longer and a losing position is held over the weekend once again.
5
 		 01/11/2012 Investor's strategy takes advantage of well chosen stocks that show sustained long-term gains and has moderate trading that lowers commission costs and taxes. Impressive, just what I need.
3
 		 01/11/2012
1
 		 01/09/2012 very poor, with no visibility on stops and targets.
5
 		 01/04/2012 Excellent system, obviously traded by a professional. No unnecessary exposure as system is only in the market for short times. Equity curve speaks for itself and monthly fee is quite low. Easily one of the best systems on C2. A trader who trades less frequently but still manages to reach these performance levels is a good thing for subscribers, not a bad thing.
5
 		 12/22/2011 This is good system! Small, low risk, consistent. Manageable DD. A great way to scale gradually. Nothing beats slow, stead profits with minimal account volitility. Disciplined trader who really know how manage is trades.
1
 		 12/22/2011 It seemed like a very interesting system, until it stopped working! You should have implemented that equity curve trading you mentioned. Most likely, you would have avoided most of the recent significant drawdown.
4
 		 12/22/2011 Well managed system with great entry calls. Larger draw downs are there but infrequent. Creator communicates well, and the equity curve speaks for itself. If you're prepared to sustain the occasional short term drawn down, this system can be quite profitable.
4
 		 12/19/2011 Soild
2
 		 12/16/2011 Everything started going wrong since you increase the subscription, too fast, too greedy. What about all those system you have close in red? http://preview.collective2.com/cgi-perl/system/sysreports.mpl?report_type=byvendor&system_id=25286922
1
 		 12/15/2011 Down down down. Ring of Fire. And where she stops nobody knows. Thank God i pulled the plug before the last Gargantuan loss.
1
 		 12/12/2011 I suppose that I joined this system at exactly the wrong time. It has done nothing but drain off 50% of my account. It appears to be a computer automated system that is in serious need of a tuneup.
2
 		 12/09/2011 After I subscribed and immediately got hit with 5 consecutive losses resulted in 6,500US loss. The last 2 trades when it hit 2k loss, I shut down auto trade and liquidated to prevent further loss. This system is very high risk! and you can loss a lot of money in no time. Since I can sustain this loosing rate, I abandon the system. If you have deep pocket, you can stay through out to see if it can recover.
5
 		 12/09/2011 I really like this system. The developer is consistent and communicates regularly with subscribers. He does not average down. As with any system that targets very high returns, if the position goes against us there can be a quick drawdown. However, to date the system has always made it back to new highs rapidly.
2
 		 12/08/2011 From what I can tell the system was born out of 7-10 YouFunds. Each one is trading different small volume ETFs but makes most of its gains on TVIX. This one was getting the best results and so it was published over to Collective 2. It continued to get good results for about 30 days. Unfortunately I was paper trading at that time. Once I switched over to money trades, I only experienced spectacular losses in balls to the wall strategy with no stops and real money management. I would regularly wake up to 15% (on position) draw downs. The definition of insanity is doing the same thing and expecting different results. Be very careful subscribing to systems like this.
1
 		 12/06/2011 The system had a couple of outstanding months. But, as a friend once said, even a blind squirrel gets a nut once in a while. This system is gambling not trading. Direxion TNA/TZA hit the lottery several weeks back, now it stands on its own merits. Time is always the great equalizer 26given time the flaws of this system are becoming apparent: very large positions, no stops, taking positions against plain indicators or with no indicator at all and (what seems to me) very emotional entries/exits 13 pride will steal your bankroll every time. I would have discontinued my subscription to Direxion TNA/TZA even if there weren't ignored emails and a fee increase of over 70%, but in addition to the recent terrible trading that didn't help. Look elsewhere.
3
 		 12/05/2011 Started out with outstanding results followed by a period of sideways performance and now is facing the test of sustainability..in terms of positive monthly returns. Good news is that the system has protected against the dramatic losses likely with 3x leveraged ETF's..all -in-all a system to watch and tip-toe into.
2
 		 12/04/2011 After seeing good stat, I subscribed to Frog SP Daytrader and unfortunately got immediately into a draw down and lost almost every trade. I reduced from 10 contracts to 5 and after a few more losses reduce further to 2 contracts and after some more losses reduced to 1 contract and still loosing. It was having good stat and reversed immediately after I joined. To me the stat that matter to me is the stat during the period that I subscribed and it did not turn out too well. From my experience most systems on C2 performed well for a period of time and then under-performed. So without long history, it's hard to judge the system's long term performance. For now I exited this system and looking out other systems to test out my luck
4
 		 12/04/2011 sp500-trading.com is a rare consistent moneymaker (trading futures) on Collective2, with a solid 2 year record. Due to the nature of it's buy oversold/sell overbought strategy, it does get into some deep drawdowns on occasion, so if you can live with the drawdowns, I would strongly recommend this program.
4
 		 12/02/2011 I chanced to visit this system provider website on Nov/6/2009, the website has a simple message Are there any better systems of this type out there? I have not been able to find any but if you can let us know. Till date my search continues,
2
 		 12/02/2011 didn't have much luck with this system and fees are increasing 70%. Difficult to manually trade. Cut and paste overview is difficult to understand. Vendor not particularly helpful with questions. It has had a couple of great months though.
2
 		 11/18/2011 I used this strategy for 6 months and lost money.
5
 		 11/18/2011 Excellent discipline and great communication. This is still a young system but so far he has been able to consistently pull in 3-4 profitable trades each week. So far, I am a happy subscriber.
4
 		 11/16/2011 A very interesting system with good stats. Worth a close look. I would recommend it.
4
 		 11/15/2011 A great short term trading method that takes advantage of volatility. As can be seen from the equity curve, taking advantage of volatility can lead to unconfortable riding of a draw down from time to time however with good knowledge of market behaviour this is benefited from historically with PIPALERT. Requires comitment and guts to reach well earned gains and enviable overall statistics.
2
 		 11/14/2011 After a very good stat, I joined in and then system immediately got into a BIG draw down, it got out this first draw down OK, and then another BIG draw down followed up. This one turned into BIG loss. I think this system got potential but very risky and probably beyond most subscriber's risk tolerance level. Most of us subscribers want to build equity slowly and consistently. From this lesson, I will never pick a young system with only a couple months history since it always turned BAD after I subscribed.
1
 		 11/08/2011 Created after the bigger system Futures Trader Daily, we could have hoped for a good start for this one. Erratic equity curve, expensive stops. After nearly one year, this model is no longer valid, despite good looking backtests. It would be at least a nice gesture to lower the monthly fees, it no longer makes any sense.
2
 		 11/03/2011 Nothing special here. Started out nicely but has fallen on hard times and has not been able to turn it around. In time it may be able to regain its winning ways but how long do you hang on?
5
 		 11/01/2011 A very well managed system with stop losses. I have observed sound and determined recovery when a trade goes into the red. If indicators are unclear, he does not trade which I appreciate and then he more than makes it up when he gets the green light. Clearly this manager is not only good at what he does, he enjoys it too.
3
 		 10/31/2011 The system was doing well before I joined. In fact it was doing so well and the equity curve looked perfect. So I decided to give it a try. Soon after I joined, it started to go South as evidenced by the sharp downward slope on the equity curve. And this is just the beginning, it seem it is gathering the momentum to go down further. In fact it is happening to me more the once that most systems were doing well and after I joined, it start to behave differently. They are trying to prove to me that the warning on the risk of trading futures on every page is valid that you are likely to loose money. It's tough making money trading futures. I wonder how successful are people trading for a living?
4
 		 10/30/2011 This is a total non technical review, justified by some recent unfair comments. I am autotrading this system. I closed that trade at a loss but relatively early, however past experience shows that this system has "hiccups" from time to time which are well recovered. I trust it will happen again. Unfortunately drawdowns do and can happen. At the end Pipalert is still up some +40% YTD, has more than two years of life and its performance has been positive: it has gained a lot of chances to show its resiliency. I can be wrong but I am sticking with it. All my sympathy to the developer in such a difficult moment.
2
 		 10/27/2011 The trade currently at -39% was my first one with the system. Bad luck. I only lost 2%, with stop loss. I did some analysis on it and it's risk/profit ratio is about 5:1 avg. If it was 1:1, profitable trades = 40%. It's quite stupid to use martingale trading like this, but if you didn't see the crash coming, you need to look at the chart more carefully. Each drawdown was recovered from by 3x position reinforcement. Risky and stupid. Would be a much better system if it had some losses in it. It's not useful for trading but it's ok as an advisory indicator if you are trading FX. For the price of subscription, you can use it to support your own decisions. It had some good calls overall. That is, if it will not be shut down after this. Too bad,with some losses it could have been a good system.
2
 		 10/27/2011 Basically you dont believe in stop losses because wow you only have 3 losing trades. Well crash and burn seems to be the route many go with on C2 and you def are a crash and burn mentality to make the "percentage good." No thanks anymore! Thansk for the little bump in money and then throwing it all away.
1
 		 10/27/2011 Yet one more high flying system at C2 bites the dust. Unable to fathom the gunslinger mentality of most developers on C2. Just when things are looking good, they go ahead and shoot themselves and their subscribers. What a pity!
1
 		 10/27/2011 I guess I will be the first to rate this disaster. The current trade should have never been kept open over the weekend heading into the EU Summit. It probably would have been prudent to stop all trading late last week. Certainly as an investor I could and should have stopped the trade on my own. High win-rate forex systems always end in disaster. This may not be the end of Pipalert but I have lost confidence in the system.
2
 		 10/20/2011 Wanting well over 2:1 profit factor is not realistic during past months. Letting the last three open trades turn from over +$1,500 on the table profit into -$381, -$398 and -$9 in realized losses is not good trade management. With $150 pay-only-if-profitable subscription fee and about 26 current subscribers according to autotrade data, the vendor will be up with current trading strategy while subscribers will be fairly flat. For all the above mentioned, 2 stars. I hope to see the overall strategy improve here, and not make this system become a subscriber cash cow.
4
 		 10/19/2011 I have been manually trading Basket Futures for some time and so far this is one of the system I like the most in the Collective 2 universe (together with Pipalert). The developer is caring about the subscribers, has market vision (incredible market timing on some contracts, especially energy ) and tries to limit the risks. Probably the only limitation lies in the management of whipsaws market phases, but, sincerely, this is a constraint that virtually any sistem has. I am waiting for a bear market to see whether Basket Futures can handle it so profitably as bull phases but so far, so good (statistics speak for themselves). I am not giving full grades just because the system is young but I wish it future successes to award an upgrade.
2
 		 10/17/2011 Impossible trade because open the orders at market and i trade manually and i dont have time to make trade. I see this system only for autotrade, but i am interesting only in continue with my broker, because of this i unsuscribe it.
2
 		 10/11/2011 The developers of the system are disciplined and self-confident. The system will probably be alright in the long run, but does not appear to have a significant edge. It does well when the market does its "normal" oscillations, but is completely wrongfooted when the market tanks decisively. It adds insult to injury by trying to catch falling knives that no good discretionary trader would touch. This of course is a hard thing to avoid for any mechanical system. Buying deep in-the-money call options of a market index probably has better risk/reward characteristics, and is much much simpler.
1
 		 10/10/2011 What happened in summer 2010? The system started to be the perfect contra indicator. Is that just a random occurrence that nearly every signal is profitable if one just trades the opposite? For already over a year? This is the strangest thing I saw in a long time. There cant be such a strong structural change in the markets to make nearly every signal of the system suddenly not working since summer 2010.
2
 		 10/10/2011 The last review was too harsh. The system might be at a crossroads though. PL has fallen to 1:3 and sharpe has fallen below 3. The system is essentially flat since April. Over the last several months the system has done a lot of churning with not much result. I just dont know....
1
 		 10/07/2011 I lasted about 7 days and that is all I could take. Every trade began as a negative trade and of those, I believe that one actually turned out to be a mildly profitable trade. He keeps positions over the weekend which in my opinion, is not a good idea, He trades on big news days or has positions outstanding on those days which in my opinion, is not a good idea. I would not use this system at all. I suppose for not so faint of heart, it is OK, but not for me.
1
 		 10/05/2011 2 trades a month, 1 buy then 1 sell. If the timing is NOT good you lose all you want. See the result for may-sept 2011. That mean if you traded the opposite these 4 months you won. Good luck for the good timing
2
 		 10/04/2011 I assumed that TOPAZ system is resilient enough to withstand the US financial crisis of 2008, it should withstand the current European crisis. Unfortunately, this does not seem to be the case during last 3 months. The system doubles down for losing positions and there is very little chance for a stock to recover in 12 days in this volatile market. So far, this system fails miserably in bearish and volatile market. The developer also raised his subscription price by 50 pct. recently and should consider lowering it due to very poor performance.
4
 		 10/04/2011 I have been a subscriber since July. The developer is a great communicator. All trades have profit targets and stop losses. The system stats are very good. He has worked to add cattle trades to the system which says he is continuing to try and add value to the system. I would recommend it.
3
 		 10/03/2011 Would be nice to be able to trust the system right now, but with 4 months of losses wiping out an entire year of gains, the drawbacks of 100% automation outweigh the positive for the near term. In these unprecedented market conditions, it is impossible to have reasonable hope that any gains are not going to be destroyed by the system tripling down on spiraling stocks that have simply no realistic chance of recovering within the automatic 10 day timeframe. Nor has any attempt been made to limit the number of buys: C2 automated margin calls on bad days can cause a lot of damage even for subs who judiciously manage their own position sizes. Rather than sitting here worrying about 1Cmissing 1D any gains, I think it's time to shut it down and sit it out until (if/when) it stabilizes.
4
 		 09/30/2011 I dont think its fair to rate a system after trading it a couple of weeks. FXprofisiniper has very good system stats. I have been trading it for several months and I do not consider it a martingale system. In both instances of a winning or losing trade the developer will sell part of the position to either lock in gains or cut losses. I think the system is great. Hes 9/9 in winning months with a PL of 5.3:1 You cant trash a system like that in only a couple short weeks.
2
 		 09/28/2011 I agree with the latest review and disagree with the one before. I have been subscribing Mod Trader in the last month and I am (moderately!) satisified. At the end statistics of this system are still good, starting from average profit/average loss. At least this system is not trying to catch the wrong trade du jour like many other systems here at C2 (in the last month we saw too many of them going long Euro or Pound when it was evident they were on the brink of collapse). I am sticking with it because it gives balance to my accoount and I think performance will come back in more normal times.
3
 		 09/28/2011 Previous review is too harsh in my opinion. I agree on some missed opps, as some closing limit orders were a bit too optimistic during unsteady mkt. I subscribed from May to September with satisfactory results by using scaling and compounding. I am putting the system in the freezer for now due to flat/down performance, but many systems are having a hard time with europe and US turmoil. I am looking forward to re-subscribing after system starts hinting performance again. Mod trader for me remains one of the safest and well-balanced systems here at C2.
1
 		 09/28/2011 I sent following feedback to the vendor and he terminated my subscription: "I subscribed two months ago and I must say all I see is small gains and bigger losses. There were many opportunities in the market either fundamentally or technically but you missed all of them. All you do is to buy USDJPY which hasn't been moving for a long time. As a result, although you say this is professional account, I couldn't see any professionalism so far." If you can"t stand to criticism, then don"t do this job. Equity curve since May tells you everything. Stay away.
1
 		 09/27/2011 Horrible strategy, the developer buy high sell low and when there is a large amount of profit he does not lock in the profit and let it turn into a big loser. Buying CF at all time highs after it ran up 300 percent since last July just tells you how terrible the strategy is. That CF trade was a complete disaster buying at the high then it dropped 10 percent.
1
 		 09/21/2011 It doesn't use stop losses at all, has been in the same losing GBPUSD and GBPJPY for over three weeks so far. It also keeps lowering its average entry price by adding lots to the losing positions (martingale). Personally I think is a way too risky to abuse of this strategy. Trade this system only with money you can afford to lose.
3
 		 09/20/2011 I think this system has an upside, but it didn't work for me while auto trading. I lost 10 times the subscription with one good trade and one really bad trade, yet still it was a small percentage of my account. It seems the system might get back my losses, but I decided to move my money and apply it to another system on C2. The developer is very good a communicating current trade status, market conditions and possible trend. I don't doubt the system will be successful, plus the system is one of the better ones for options. I will be unsubscribing soon, but I wish the system the best.
5
 		 09/19/2011 Been autotrading this for 1 week. Since my account is small I use maxlots=2. Up exactly 2% net. The consistency I was looking for continues, even though I put my money on the line! Lookin' good.
1
 		 09/19/2011 I tried a 7-day subscription in the hope of gaining some insight into this system before committing real money to it. Unfortunately, in the 7 days I was subscribed I got nothing. No trades, no information, no notifications. I'm now unsure what the 7-day trial "subscription" was about. Is this a bug in the system? Another worrisome sign is that the designer of the system has several more systems most of which are showing huge losses. The short (~3 months) history of this system looks absolutely wonderful. The question, of course is: is it real or is it a Martingale system. I don't know the answer, but my personal conclusion after this small experiment is to stay away from any system with less than 1 year of history. The risk is just not worth it.
2
 		 09/15/2011 This is the fifth different system which crashed when I got on board. Goddamitsomuch.
4
 		 09/15/2011 i think the trader has lot of experience and the system will bring high returns. you just need the stomach to survive the drawdowns.
1
 		 09/12/2011 Yet one more Forex system bites the dust! Are there no viable and sustainable Forex systems at C2? All promising ones eventually suffer the same fate ... crawl up the stairs and jump off a cliff. Sad, very sad.
2
 		 09/09/2011 I was auto-trading this system since it had a respectful history, until lately in which I lost more money than I expected. I stopped trading right away and it has since then gotten worse. I hope the system comebacks from this recent downwards performance, but ultimately had to stop trading the system. All I can say is watch out and give the system some more time to show it can prove itself to be a good system for trading. The developer did keep us updated with information and outlook, but performance counts more than anything else. It didn't perform while I auto-traded the system.
1
 		 09/08/2011 Trader has very poor concepts of W/L money management per trade. His trades avg only around 10 pips which is fine but he endures well into the 100s of pips drawdowns. You do the math. After hearing his "assurance" email it was clear he was grasping for large TF reversal when his profits should be of a 1 Minute chart. BEWARE if you consider your money worth anything.