I subscribed to Big Cat 2 weeks ago and have been following the recomendations exactly. I'm very happy with the P/L for the past two weeks, actually it has exceeded my expectations, and haven't noticed much slippage. Where was Big Cat 10 years ago? Excellent system.
Resulted heavy losses by Autotrade this system. With MIT or C2-Sync, the slippages turned profits into losses. Without MIT or C2-Sync, lots of fills are not happen in the real-life. Unfilled positions had to be manually exited likely with losses. The 98.6% Realism Factor is not real.
Beautiful system, but fill sare fantasy. Real world lost money autotrading in a strong month for the system. Look at the thin spreads of most trades and you'll see a little slippage on each side and the profit is gone.
This system better in C2 then in real life. System has complicated position managment. Impossible to stay synch with it. Typically when you in Drawdown and you portfolio is full system makes 1-3 profitable trades. In result C2 curve growing but not real account . Sometimes Limit orders doesn't fill. After following for 4 month I lost ~10% of trading capital. I aggre with 70-75 realizm factor.. but must to say thanks for good support.
I've been subscribed for 2 months. This is a serious trader. Always uses stops. Not afraid to close a trade if it isn't going as expected. Good communication about the trades. There is usually ample time to enter the trades.
If you want to make money in Forex for the long term, Hawk-fx is the way to go. I would suggest the managed account for stress-free appreciation of your money. I have not found a better system here on C2. Great job - keep it up!!
Difficult to trade with this method unless you can handle multiple lots. Not a one contract timer, but a good trader with his method. So, if you are willing have multiple open positions and follow along, it should work out well.
On Aug 21, I reviewed this system and posted a comment that it would be a smart move to keep a close eye on Prime Time. I may not be able to trade worth a darn, but I sure can pick a winning system. I have decided to upgrade system from 4 stars to 5 stars. This system has made consistent money for me since day 1. The only fly in the ointment, is that it doesn't always work well with an unattended autotrade system.
The system provider is very helpful, explaining his moves and very responsive to inquiries.
ewolf mini was trading one to four contracts and suddenly one time he had to keep adding inspite drawdown to 420 contracts of ym to make him look good to show us that he has good track record ... who in their right mind caN trade 420 contracts while he is trading 4 contracts on average same thing i suspect will happen one of these days HERE instead of 25 contrACTS HE WILL ONE DAY END UP WITH 500 CONTRACT TO KEEP HIS WINNING PERCENTAGE HIGH iT IS ANOTHER WAY TO THROW SAND IN THE EYES OF STUPID FOLLOWERS . JUST LIKE ALL POLITICIANS DO
So far I see that there are a lot of signals and surprisingly many of them are cancels and replaces which is o.k. if it were not for the fact that I have already filled before the cancel was sent. So commission cost is high just to keep up with the signals. Also, in some cases cancels are sent after reported fills. If you follow the log in tradebullet or tradebolt, you will see the same. I am going to continue for a few more weeks, but so far it looks like the author is using the cancels and replaces to cover himself when he makes bad trades.
If you look at the August drawdowns for closed trades, wouldn't it have been more profitable to go against Hawk's trades? Yes, they did eventually close for much smaller profits.
I have subscribed to the system since 05/18/2006 and been auto-trading it from the beginning. So far, I am almost break-even after the slippage and commission/subion. Although the market has been tough for the last three months or so, this system, to my impression, performed better in a monkey market than in a clear upwards/downwards trend market because it is trying to catch the short-term bottom. Overall, I feel this system is just OK, definitely not as good as that shown in the equity curve.
This is one of the most professional systems in C2.W/L ratio is not great, but the results are.Instead of sitting on hughe drawdowns, trader cuts losses and let winners run.No overnights, no average ins.
Excellent system for people interested in making money , instead of creating great statistics without loosers.
I tried a week and lost $4149 while C2 posted $4768 profit. Majority trades are scalping but slippages turn small profits into losses. There are a lot signals (50+) a day, hard to keep up manually. Using mostly Limit orders causes major problem for using AutoTrade. C2 Realism Factor 89 is a joke.
Leaves way too many pips on the table, once a trending position has been taken, for my liking. This probably has something to do with setting up the entire entry, stop/exit strategy from the beginning, rather than managing the trade in progress (the best way to trade forex). Last trade only caught 15 pips of a 100+ pip run. Lazy.
I have been a subscriber for 2 weeks now, so far I like what I see. Hawk uses a different type of approach in trading, which is very good to say the least. One thing that whoever that subscribe to this system must understand is the fact that the Author recommends only about 5% or less exposure to each trade, if you do not over trade your account by leveraging too much, you should be fine. I have endured up to a 250 pips move against me and I have seen it coming back. The trick is to, again, not overtrade. Just use his guideline in the lots sizes and you should be fine.