QQQ Oscillator
Looks like the vendor is pressing to catch up. 4 losses out of the last 6 trades and another potential today. Needs to go back to waiting for high percentage shots to come out of the slump....
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Best market chances
To the other subscriber about the price: it is not weird if you manage and pay for a portfolio of 10 different systems... having so many losing trades in a row is a killer, even in a portfolio, as their is an opportunity cost. Are you aware of what professional systems you can buy for $200 on the market?! In a managed accounts firm?... It is rather developers here and subscribers that have to be realistic...
Best market chances
AS I write my review, this is obviously not a good time for this system. However I still believe Helmut will turn it around and resume his profitable wins. What I cannot understand is how subscribers who shows concern about a $200 subs. fee stay with a system that can easily change their account value (up OR down) by $5-10k every month! That's just plain weird...
eQuants Daily7
It's a bit of a spurt type system. Timing the subscription to this system is very important. It doesn't always go up, and has flat periods, like its present one. Communication has never been this vendor's strong suit.
Timing QQQQ
I'm a relatively new subscriber to C2. I like the beginning and end of day signals however not much time (3:58PM) at the close to make two trades. Been forced to use after hours trading. The win ratio over time is about 2/3 based on 10 years of their own data at codedeep. Hopefully, that is what we'll see. Too early for coronations...
QQQ Oscillator
I've susbcribed to this system and discovered its main drawback : The Risk taken per trade. think about it : for some trades, the risk taken is more than 30% of a 10K capital. This is very dangerous. If you take the same risk, your capital can be wiped out with 3 bad trades.
TMFX
On Feb 5th, this guy is down over 70% for the month. Are you freaking kidding me?? He has gone short GY, and kept adding to a losing position for 400 pips. He says he's been trading for 5 years, but this is a classic newbie mistake. And unfortunately it's cost me a lot of money. Idiot.
C2 Test
Great system.... Thumbs up!
Killed system
UPDATE interesting system, but low level of trades makes it difficult to assess whether this system is profitable and sound, or whether it just has not yet been hit with the big one. For now, will give 4 stars, which is good, given the very few promising systems here as of this writing. -- Index
Integrity-Profiteer
another newbie with no regard for money management...
ShadowBanker
I was monitoring the progress of this system and due to the conservative nature and solid trading skills I went live with $10,000. 2 weeks later and I'm down 50%. I have no idea why this trader has changed their style from being very cautious and accurate to someone who has no reagrd for money management. I can't believe what a turnaround this has been and it started happening the day I went live. This trader has no regard for good money management after all and I'm extremely annoyed indeed. I knew the risks but follwed Shadow Bankers own rules and lost the shirt off my back - stay well away!
eQuants Daily7
Great system, but it has been inactive for quite some time now - no more "pulse". Is that because lack of opportunity (although the ES has seen wild swings which was -in the past- what this system wanted), or is there another reason? I really liked this system and only discovered it last december... Don't go away please!!! I wouldn't complain if you started charging for the signals. In fact, I would encourage it. So bottom line: excellent system, lack of signals, hence 4 stars "only"
Trading the trend
I had high hopes for this system. With recent performance of 6 consecutive losses I am not so sure.
NQ emini
This system has the tendency to pyramid loosing trades and has been fortunate that these have worked out in a positive manner. I think the size of the initial trade, usually a single mini NQ is small enough to provide the fractional trading evidenced by the pyramiding technique. Of all the systems we follow this has been the most profitable! Great job!!
FX Speculator
How can I monitoring my free-trial trading?
ShadowBanker
hi, just for info for all the people, i open an account with 3.500 usd mid december, my equity in this moment is 1.156, trading the minimun lots, and these people in shadow banker, only add to loosing positions, i have 7 mini lots open now, against the trend, for everyone, please be carefull with these guys
forex & stock trading
Subscribed on 9 jan 09 and system went immediately into a tailspin and had its biggest drawdown, 33K loss, in just 1 trade (gbp/usd, 3 big figures out of court without cutting the position...). The typical mistakes of discretionary trading (as opposed to systematic trading) showed themselves as soon as I subscribed: vendor is unable to take a loss, tries to average himself out of a bad position, overleverages and overtrades in an attempt to make the loss back. As soon as the pressure of handling real money occurs, the "system" starts losing. This is a very harsh but fair judgement, as the figures will show. Loss: 25K and I'm cutting the position and my subscription.
ShadowBanker
What has happened to money management since January 5? Every subscriber should be ALARMED at what has taken place since then. A 90+% winning percentage means NOTHING if one loss wipes out a substantial portion of your gains--it's much better to take some small losses along the way if it keeps you in the game. I hope the system developer reads this and modifies the trading going forward. Everything I made in the last month was wiped out in the last several days--very demoralizing indeed.
ShadowBanker
First 4 trades - Lost %60+ of my account in a few hours...
I received an E-Mail from Bulldog, @ 12:29 am, saying that my account was disabled due to a "margin call" -- So I looked @ it and found a %60 loss.
Demo Account with Bulldog through FXCM.
Opened the account a day or two back, with no trades made, until
Today 4 trades were made that Demolished the account.
ShadowBanker
This provider will risk about 10% of his account on 1 single trade and will add to a losing position to average down. The prudent thing would be to close the losing position at a loss which he refuses to take. You know what they say about those who refuse to take a loss...
Artex
There is no reason to subscribe here, too many good systems like shadow banker out there. The system description is a lie, or they forgot the 0 after the 2%, which I doubt. Make themselves out to be prfessional in the description and web site, hardly the case, just stay away, not worth it to lose weeks worth of profits in a day.
test
For future subscribers..Watch the Drawdown!!!
QQQ Oscillator
With 79% of months profitable, a sharpe ratio of 2.87 and 3.4:1 PL ratio, this has to be one of the best systems on C2. Ride out the next drawdown (that one will come is a certainty) and 12 month from now I think you and I will be sitting on top of a nice pile of profit.
eQuants Daily7
I wish the vendor would start charging for the system and in turn have someone monitor it in order to avoid the occasional errors or system failures with C2.
mvp-3
Great system, great developer, very active in discussion with subscribers and constantly working to improve the system.
System had a couple bad months due to astounding de-leveraging in the markets (and government intervention), but is now back on track.
Over all, even if you had followed the system to the letter, you'd still be ahead. Many of us decided to sit it out for a while while the government was temporarily suspending capitalism and did much better than the C2 results.
Also, I've only know the developer for about six months, and I've never hear him 'crow' about anything, much less his system. Not exactly sure who that other commenter is writing about...
Dave Narby