Find System by Name

Wait

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
2
 
05/21/2013 Well joined for just a few days and got burned badly (close to 6k loss today). It lost most of the trades by a wide margin and it seems to continue. The equity curve showed a steep drop. When the system is doing well and you decided to try it out, then it played trick on you. Well, just not my luck and I'm bailing out! The sub fee is steep also. Good luck to the folks who still hang in there.
3
 
05/09/2013 Like they said the proof is in the pudding. You can look at the stat and compare per trade gain vs per trade loss and decide if it is a viable long term system. The stat and equity curve tell it all
5
 
05/03/2013 I have invested in 19 different systems on C2 over the last four years all lost money and had large drawdowns, the only exception to this is Nasdaq C.I.S. Low DD, stop always in place, smart trading all around.
5
 
04/30/2013 Pangolin Z is designed for traders that prefer a mechanical system. Kevin develops rules based entries and exits based on extensive back-testing that must have high win/loss rates and Sharpe ratios. Kevin is a serious student of system development, is responsive to subscribers, and honest to a fault. In my first subscription month of Pangolin Z the performance has been so good I would expect it to level off somewhat. Highly recommended.
1
 
04/29/2013 like others who commented on that system. The profit taking level to the loss taking level is absurd. Traded it for live, encountered a loss, will stop it now. Communication of the system developer is NOT great. Can not recommend this system.
4
 
04/29/2013 This is a young, promising system from an experienced, careful trader with other successful, long-term systems here on C2. This newer system is volatile, but I expect it will do quite well over time. Worth watching.
2
 
04/27/2013 This system has too few trades. And if you look closely at the stats avg win and avg loss is about the same but extremely high win rate. If win rate decrease towards 50% drawdown and performance will suffer significantly.
1
 
04/26/2013 This was perfectly predecible, all martingale system end the same way, it is just a matter of time.
4
 
04/25/2013 After 9 month of solid performance with reasonable low drawdown this systems deserves some recognition. Developer communicates well with subscribers and is not shy to report minor mistakes. It seems there is a real professional behind it and he says he has been a former hedge fund manager. The best thing is that he trades the system himself and has been doing so for the last two years.
1
 
04/23/2013 AS OF APRIL 23, 2013: Unfortunately caught on the wrong side of the Gold & Crude oil recent market shifts eradicating the equity curve ... I can understand the position taken, however due to lack of risk management receiving a poor rating. However I am still interested in seeing how Newport recovers over time and adjusts his/her strategy moving forward.
2
 
04/22/2013 its a decent system, however the risk makes absolutely no sense. really needs to work on that. the give back ratio is MASSIVE, thats not an understatement. I did make money on the system and felt comfortable running it just don't like the risk vs reward since its way off wack.
5
 
04/20/2013 The current performance is reflected in the recent stats and equity curve. Needless to say anything more since a picture is worth a thousand words.
2
 
04/19/2013 Totally agree with the last reviewer. Lost of 12% in a strong bull market is unacceptable. Wonder what would happen if we're in a market crash or bear market.
1
 
04/19/2013 Sad first of all the lower himself to naming calling and insulting his subscribers and to view himself as better then them. Even upon telling him that his system is flawed he continues to trade it instead of fixing what is broken. He is emotional and his let that control his trades. The trades speak for themselves win one lose one etc etc. This is not a winning system more a coin toss.
1
 
04/19/2013 42% drawdown and still counting!, it is not acceptable!. I have violated my own rules of at least 1 full year of track record to avoid charlatans. But these guys looked so professional!.
1
 
04/19/2013 Slippage is a mess... I have been auto-trading (Gen3) this system at MB Trading for over a month: I managed to follow all the losing trades but didn't grab a lot of profit during the few winning trades.
4
 
04/17/2013 Risk precisely defined in system summary. Risk strictly followed in trade record. These two features put this system in the 95th percentile of all trading systems on C2. The fact that the system is also profitable puts it in the 99th percentile. Well done.
2
 
04/17/2013 system attempts to exploit the opening volitility to scalp a fraction of a percent gain. If the trade fails to reach quick profit target the backup strategy is to hold and hope for pullback to break even.
5
 
04/15/2013 The guy who trade this system is great at what he does. I have total faith in him or her. Very good at making a profit.
1
 
04/15/2013 Today, these are not the trades of a professional that practices risk management.
1
 
04/15/2013 Quick downhill in one day.. Be careful
3
 
04/12/2013 System has two flaws: It sometimes trades individual stocks, and it performs poorly during strongly trending markets. The 4/4/13 loss was due to a surprise downgrade on an individual stock. Recent general losses are due to the current bull market. Would rate this system higher if it only traded ETFs and responded better to trends. Certain competitors seem to be able to do this.
4
 
04/09/2013 System performs as advertised - Steady return with a fixed risk.
2
 
04/09/2013 JBookTrader is a system to keep an eye on. It startet well but last couple of days has seen some severe hits. I like the open source nature of the system developer. The strategies of the author of the JBookTrader need some fine tuning.
2
 
04/08/2013 Forex Marathon is doubling down to make up for recent losses. Be careful!!!
1
 
04/07/2013 Obvious lack of stop in usd/jpy trade gets this system one star, it's as simple as that.
1
 
04/04/2013 Shame on Zone Fx. Complete lost of faith in the strategy. All of a sudden, the vendor changes everything and takes huge risks resulting in huge losses. Prior history showed nothing like this before. Losses are expected in all trading - but a strategy shouldn't change this drastically all of a sudden.
1
 
04/04/2013 What a disaster. Vendor changes his strategy from placing many small trades to placing two large very speculative bets without stops against the Yen and Euro just before the respective two central banks come to major policy decisions and loses more than 20% of account value within a few hours. One should have been forewarned because he does not respond to inquiries or provide a system description.
3
 
04/01/2013 A word of caution based on this systems stop and profit target. The stop loss is 2.5x bigger than profit target. This strategy does not fit my own risk parameter so I stopped trading it.
1
 
03/27/2013 Vendor does not communicate to customers regarding concerns about the strategy entering trades outside of historical norm. Big red flag.
2
 
03/26/2013 Trading is a sprint, not a marathon.
5
 
03/23/2013 What's impressive about this system is that it has consistently made money while being fully hedged (there is a short SPY position to offset the long stock positions). I personally use e-mini futures instead of the SPY for the hedge.
4
 
03/20/2013 This system has good reward to risk ratio. It is very selective in trading and is in the market only when it identifies exceptional opportunities. For a smaller account, the cost of the subscribing to the system considerably reduces gains with the system cost/trade being more attractive for a larger account.
1
 
03/13/2013 Very dissapointing performance, and the developer hasn't logged in for 3 weeks throughout this large drawdown.
2
 
03/13/2013 "This system was not accepting new subscribers" CURRENTLY SUBSCRIBERS ARE NOT ACCEPTING THIS SYSTEM
4
 
03/13/2013 I'm in agreement with the last review. This system is definitely not for beginners or low margin accounts. You will suffer drawdowns that will test your faith in the system. However, the system is well designed and tested and should continue to provide good positive returns over the long term. There is lot of detailed information on the system available at the developers website, www.kjtradingsystems.com, and it's worth reading to get a good sense of the methodology behind it. I've contacted the developer a few times. He is a very experienced trader and provides great support, responding promptly and thoroughly to any questions I've had.
5
 
03/11/2013 I like this system . It has been smoking hot on both short and long trades and most of all uses a stop on each and every trade. The impressive part is how other developers rip on the system which gives me even more confidence in the long term success of this trader. So far you can not help but give this a 5 star review.
4
 
03/10/2013 Compared to other stock systems over 300 days old SPY 2x has few equals with a max draw down of 8.6% and high profit factor. The developer communicates often and sends signals before the market opens. She also attentively protects gains in open positions by moving up stops.
1
 
03/08/2013 If you exclude the returns of March and May 2012 which I believe anomalies (or call it luck), system's overall return has been flat since July 2011 (First two months' returns are not indicative either as stated by vendor). Risk/return is 1:1 per trade and since winning ratio is declining towards 50%, the strategy has no edge. Subscription means waste of time as well as waste of money. Moving on.
4
 
03/07/2013 The SFE system is an excellent combination of markets to trade, but be cautioned that this high octane, powerful, and robust system is NOT for beginning traders. The combination of systems and instruments traded is well thought out and logically designed covering different time-frames and markets with varying entry and exit parameters for each market traded, adding to the overall robustness and diversification of the portfolio.You really need the full benefit and diversification all the systems offer as drawdowns can be steep and quick. SFE can be fairly heavy on the margin, fully loaded you could be at about $23,000 in margin if all systems are in a position.
1
 
03/01/2013 Awful. Decent looking stats, but then a losing pair trade (long AUD short Dow) comes along and he's a deer in the headlights. Several chances to close at a smaller loss, but no, "hold and hope". Whatever the opposite of good trade management is, this is it. Can I give minus stars?
3
 
02/20/2013 This system has jumped the shark.
2
 
02/12/2013 PISS POOR money management -- let a large loss grow and grow till it was over $250,000! Absurd! Plus -- since it was still on paper we were charged $100/week anyway because closed traders were technically profitable. Crazy. System is expensive -- $400/month and works poorly in scaling for smaller accounts. I tried 50%, 40%, 20% scaling but still received many errors of orders that could not be placed. Lastly, trader likes to trade overnight which IMHO is problematic in most cases due to liquidity/spread issues.
1
 
02/11/2013 Seems another boom-and-bust system, as usual on C2.
5
 
02/10/2013 So far the system has been working, Keep up the good work!!!!!
5
 
02/09/2013 Compared to the majority of systems I've seen on C2 that lose money it is refreshing that this system does so well.
4
 
02/08/2013 Of all the futures systems with more than 1 year record this one has one of the best stats. The frequency of trading will be improved with more subscribers but for now the system does not trade consistently month-to-month. The subscription fee is competitive especially for professionally managed system.
3
 
02/01/2013 I bet this is a manual or semi-automated system, which makes it vulnerable to human mistakes. On the other side, fund manager has awesome intuition.
2
 
01/30/2013 The shark trades without any stop. He takes small profits and lets his losses run. I wonder how long this will work.
1
 
01/30/2013 Come on, man, you really let me down, kept adding position to losing trading. WHERE IS YOUR RISK MANAGEMENT???
3
 
01/28/2013 This system was doing well but the author has not made a trade now in over 5 weeks. No response from the author as to whether he is still alive and kicking. Thinking of moving on...
5
 
01/26/2013 Everyone below me who ratred this system poorly. Obviously is over leveraged. His biggest peak to valley drawdown is 14% which you put in the context of hie 154% a year compounding is excellent. I would put the 2 morons below me in the catagory of the usual forex morons who want to make 100% a month with a 10 pip stoploss. DELUSIONAL
5
 
01/23/2013 I am very impress with this system. I understand that the position moves are relatively small, but I love the accuracy of this system. I can only hope that the developer will expand his methods to other markets.
4
 
01/18/2013 The system seems very good. I've made money without suffering significant draw-downs. In addition, it is very easy to trade manually with low commissions.
4
 
01/16/2013 An uneventful 2 months. Certainly no reason to start panicking. Good risk management.
2
 
01/16/2013 Umm...to be fair to the system's programmer - it has had a great 2012, sadly i may have joined after its death. Since December it just seems to either a) not trade b) if it trades it loses money or c) makes $15... Like watching paint dry.
2
 
01/15/2013 Reported as a fully automated algorithmic signal generator. There has been a 10 fold increase in the average losses figure (other indicators have also worsened). Its highly probable that there is a structural weakness in the algorithm / software 'bug'. The draw downs were concurrent with the system description but their proximity is of great note. The system manager is communicative but responses to technical enquirers are dealt with in a 'light – touch' manner (excl proprietary). The manager has given himself the milestone of recovering the situation around end Jan. My plan is to unsubscribe but review the situation at the start of Feb to see if the milestone was achieved. The previous performance was very good before this algorithmic area of weakness was revealed.
2
 
01/09/2013 This system seems to be professionally managed and perhaps after some adjustments it can be profitable. Right not it is not the case. Have to give lower rating because of recent performance.
5
 
01/08/2013 The developer is a skillful, experienced, and disciplined trader. He consistently demonstrates patience in waiting for the trade to set up 13 never chasing after trades. The developer stays calm and collected when the market is going against existing trades 13 focusing instead on adhering to system rules. The developer communicates well 13 providing specific and insightful commentary before and after a trade takes place. He is also very accessible and responsive to questions and concerns. Prospective subscribers can derive some comfort from independently tracked record on Collective2 dating back to late 2007 -- before a major bear market. The system's performance across a wide variety (and extreme!) market conditions (bull/bear and high/low volatilities) is particularly remarkable.
4
 
01/07/2013 This is a good system: it doesn't take excessive risk, and the manager pays close attention to his trades and communicates well. The system manager is a real professional, with a good long-term track record (not all of it on C2). He avoids trading during periods of market stress. Trade fills are simple. Very good so far!
1
 
01/02/2013 This system is currently reaping its fundamental weakness -- it has an open loss of $31,000 which more than eats up the total of small wins (typically $200-600) over the past weeks. If you look through the trades, the system by and large 'sells' and then grabs a small profit. This works fine when the market is in serpentine mode (up / down / trading range) but is a disaster if there is a decent rally as the current situation shows. There appears to be no money management at work as this massive system loss has been allowed to grow worse and worse. Avoid!
1
 
12/28/2012 The seeming initial smooth equity curve luring prospective subscribers into trading the system, then reality set in with badly managed trades which cause a steep drop down in equity curve(50%). 3 correlated trades all in RED at huge losses. Why 3 trades of the same? No diversification? With diversification, then may be 1 of them can be green and offset the other losses. Also the timing is BAD. Close to Christmas and end of year and with Fiscal Cliff hanging in US, the market is very uncertain. Now almost all subscribers incur this latest losses. What's next for them? Stay? Leave? Exit with losses? or staying waiting for recovery? With 15k account, the current pending loss is 33% and if it balloon into 10k loss, then it represents 66% account loss!
5
 
12/25/2012 This system is exceptional. The risk is very well managed both by specific trades taken, as well as the percentage of system capital employed overall. It is easy to follow, and autotrading is not required. Communication is also good. This system will make you money, without keeping you up at night. This is among the best systems on C2.
3
 
12/21/2012 Wow, How things can turn from a good month to a bad month very quickly! Just a few losses already brought down the equity curve by 2/3 (picture worths a thousand words). This is a high risk system and the recent loosing streak keep hitting the stop loss very quickly and turn all its trades into high risk catagory. Unfortunately the wins are smaller than the loss and it seem we have not been able to hit a big win and therefore most wins are small. Hopefully next year will be better. Only time can tell
5
 
12/20/2012 Very nice. Defined risk
2
 
12/18/2012 The last review that gives the system a five star seems suspicious. I admit that the system still have a pretty good track record but the last trade was really poorly managed. The avg profit per trade for this system is around 20-40 dollars. On the last trade the developer kept adding to the loosing position, he doubled the size when the loss was around $200, then added more when the loss was around $600, added more when loss was around $900 even though it was very obvious that the trade kept going against us. This is againist any trading strategy that is out there. There was no reason to ride this once the loss crossed $600. I am still going to stay a subscriber to this system and I am hoping that we will cover the losses in next 2 months or so.
5
 
12/18/2012 The developer is very experienced, trades his own money, communicates frequently and thoughtfully, and stuck to his stated emergency stop loss rule. That an 11% drawdown can't be stomached by some subscribers in a system which still boasts very impressive statistics after this loss speaks more of them, their choice of leverage and their risk tolerance more than it does about this system.
2
 
12/18/2012 Finally the AX came down. I knew it is just a matter of time the system will crash. Without exception, all high win rate, martingale type systems will crash. I'm glad I just lost a few dollars and is happy to shut down my auto trade to prevent further losses in the future because the worst draw down is one that will be in the future. So investors, be careful with Forex Trading system because the final verdict is: WE WILL LOOSE MONEY. I think this is end of my forex trading. I still have the one more on C2 and it is not doing well either, waiting for me to shut down again one more time. Consider this SMALL draw down is your gift for this Christmas because you could even loosing bigger if it did not exit the trade. I give it 2 stars since the developer is also trading this system.
5
 
12/17/2012
2
 
12/13/2012 The previous reviewer gives 5 stars for two months of flat performance?? I respectfully disagree.
5
 
12/12/2012
5
 
12/12/2012
5
 
12/12/2012
4
 
12/11/2012 I've been looking for a good timing system that uses leverage but has limited drawdowns in relation to the potential reward you get with a 3x leveraged system. UltraPro 3X QQQ timer meets this criteria as well as allowing me to enter my trades outside of normal market hours, which is a big plus since I have a demanding full time job while still manually trading my own funds. In my opinion this system and the others from Kingdom Capital are very good for those that want the better returns you can get from leverage without worrying too much about extremely large drawdowns.
5
 
12/08/2012 I have recently started trading system and the good thing is that it has fewer trades (doesn't overtrade) and has very high profit factor (currently 2.4). Great communication with the signal provider.
4
 
12/05/2012 This system is easy to follow and trade. The developer communicates frequently and works hard to protect your capital while striving for gains that easily beat the S&P.
5
 
11/29/2012 Amazing results so far! The clear rules of system performance review in drawdowns and open communication about system development.
4
 
11/24/2012
5
 
11/24/2012 I like this system. This manager manages the downside well, which he has demonstrated through some very tough times where other strong, long term systems faltered. Surviving tough times with tight stops and still being able to show a profit is a tick in my books. I have confidence that this system will be a steady performer over the long term and I give it 5 stars to recommend it as a valuable contributor to a balanced portfolio.
4
 
11/20/2012 Amazing system so far, love the risk management and awesome result.
4
 
11/19/2012 So far so good. If you are looking for action all the time look elsewhere.....looking for a nice return?... try this system
5
 
11/19/2012 Despite the relatively low number of trades so far, the developer has shown excellent risk management, very efficient time spent in-market, and impressive returns. The developer's communication is also top notch. It's a promising system so far and I am excited to see it continue to build its track record on C2.
1
 
11/17/2012 Increasing the trade lot size x4 when system is in a bad trend gets this system a 1 star rating. Clearly not a viable money management strategy.
5
 
11/16/2012 Small Cap 3X Timer is an excellent intermediate term system with a great track record of finding changes in market direction. The developer is a serious trader.
3
 
11/14/2012 This system appears strong for an up or sideways market, but it's giving up its gains by continuing to go long in a down market.
1
 
11/09/2012 READ the statistics: "Chance of 30% account loss - 100.0%" !! Guess what? After 1 month, my account with this SP has lost over 25%.
4
 
11/08/2012 Good system. Trading this along with Whole Wheat and QI Portfolio I. Four stars for now; worth five with a longer track record. JMO/YMMV.
1
 
10/26/2012 Until this year, I could say it was one of the best strategies with 3 to 1 return to max drawdown ratio but this year erased all the gains. Due to the hedging nature of the strategy, I believe it'll take years to recover from this drawdown. There are definitely much better option strategies around.
3
 
10/25/2012 Gautam is a talented trader. His strategy is multi-asset class and many trades can be placed in short succession so it requires some keeping up. Recent weeks have been a bit slow - owing probably to a) over-trading and b) false signals. My recommendation: focus on the assets you trade best, and if going long/short two different asset classes simultaneously, ensure there is a pairs-trade in there or that they aren't correlated.
3
 
10/25/2012 I have some doubts on this system. It started its operation when Apple was trading @ 376$ and at the moment of writing the price is 616%, so there is an increment of 64% that is almost the same return of this system (75% annual). So, a simple buy and hold strategy would have produced the same results, but this is not the point I wish to highlight. I see that the systems has much more losers than winners and in this last 30 days we entered into a a drawdown period where the system went long when was time to go short and viceversa. I have lost a bit of confidence in this system right now, so I hope the developer will share with its subscriber base some thoughts. Regards
2
 
10/25/2012 Standing in the elevator with his subscribers, Moshe suddenly realizes that he should have taken his Beano pills. . . .
4
 
10/23/2012 Relatively new, but solid, mechanically based system with excellent stats and superior annualized returns. Trades a variety of futures contracts, with as many as 3 or 4 contracts sometimes being active simultaneously. Worthy of consideration by patient and risk-tolerant persons with accounts sufficient in size to manage the risks inherent in the trading methodology employed. Four stars rather than five only because of the lack of a longer track record. I plan to continue my subscription indefinitely so long as performance remains on par with that achieved to date.
1
 
10/23/2012 Here are the facts about this otherwise good system: 19 current subscribers. Description of system states: "If for any reason ( technical or other) the loss goes beyond 50 pips, it is strongly advised to cut the trade." The current two open trades are at -93 & -66pips. Despite of the numbers (19 subscribers, 50pips SL, -93&-66 currently open), the system administrator has not logged in since 10/19. As long as this type of situation is not fixed in a professional manner, it's a one star rating.
4
 
10/22/2012 I started auto-trading this system just after the major loss of 5/4/2012, so, although the system trades infrequently, all 4 subsequent trades have made a profit. Quite laudable! I've placed an automatic stop-loss of $2,000, but haven't had to "invoke" it yet. I recommend this system.
4
 
10/19/2012 Congratulations. The system seems very good. The only drawback is that sometimes, recommends taking positions in ETFs with very low liquidity. Is the recent case of CANE. Please correct this deficiency.
5
 
10/19/2012 Though I've not attached this to my live brkr accnt yet...this provider's record is exemplary! Losses are far overshadowed by gains! Nice work!
5
 
10/17/2012 Strawberry Rhubarb is easily one of the best systems around. It had one significant drawdown, in April '12, which truly I believe was the result of the developer succumbing to pressure from some overly-assertive subscribers urging him to change his trading style--a mistake that he seems to have learned well from and has not repeated. Otherwise, his trades are remarkably consistent and profitable, with very short market exposure (currently 6.3 hrs) and low intratrade drawdowns, with rare exceptions. The system has been profitable for 12 out of the 14 months it has been around, and currently has a 125.4% compound annual return. Unlike a lot of systems, there's no "averaging in" or martingale here, and the risk/reward you see is the risk/reward you get. Also, the developer trades his own system and only charges if the system is profitable. What more can you ask for?
4
 
10/12/2012 Good mechanical long-only stock system. High win % (>80%), excellent profit factor & Sharpe ratio. Very low max drawdown to date. Reasonably diversified, holding up to 10 positions, none representing more than 15% of portfolio. Fairly high portfolio turnover. Appears suitable for both regular and IRA accounts. Worth considering.
3
 
10/11/2012 High-wire act with no obvious net below. Superior equity curve but subject to frequent, very large drawdowns. Entries do not appear particularly well-timed. Neither stops nor target orders placed at time of entry. Not suitable for small (<100k+) accounts or those with a fear of heights. Those trading this system need faith, patience, and deep pockets.
4
 
10/11/2012 Sound system. Nice steady equity growth curve. Trading AAPL exclusively at the moment; presume this is subject to change. Good stats: win/loss, profit factor, Sharpe ratio all excellent. Drawdowns are well contained. Stops and target orders placed at time of entry on all new positions. Note for those trading within IRAs--system takes both long and short entries, so returns in a long-only account will vary accordingly.