The opinions expressed in these forums do not represent those of C2, and any discussion of profit/loss is not indicative of future performance or success. There is a substantial risk of loss in trading. You should therefore carefully consider whether such trading is suitable for you in light of your financial condition. You should read, understand, and consider the Risk Disclosure Statement that is provided by your broker before you consider trading. Most people who trade lose money.
Actually, there is the option of not renewing after the end of the current period as well as I’ve used that before. So basically there is a cancel subscription now button and a cancel subscription at end of the period button so that you won’t be charged for the next period.
Personally, I find the coupon thing too much of a hassle as well since you have to subscribe with a credit card and then you have to unsubscribe.
My understanding is that with a coupon you could enter the coupon and pay nothing (if it is a free coupon) then click cancel where you have the option to immediately unsubscribe or unsubscribe but continue through the billing cycle. Also, if a leader wants to raise the price on a free system, subs have a 7 day warning. If you want to subscribe but not AutoTrade just subscribe then click away during the AutoTrade set up.
@Snow2020, the trader leader changing the price of the system can nullify the coupon which poses a risk of getting billed if the notice was ignored as it once happened to me almost. This is why I have had to think twice about using coupons.
That would be undue behavior on the part of the leader trader. C2 has the mechanisms to avoid it.
@GonzaloLoayza2, how does C2 handle that?
I can assure you that if in 1 year you continue with a 15% monthly return with a maximum 10% DD, I’ll trade 10x your size 
Even more, I’ll open a couple new accounts to trade 30x your size.
And you’ll be, without any doubt, the strategy here in C2 with more subs ever.
Thank you @NemesisCraze
For anyone that wants to see it, here’s my weekly report card. I also better explain yesterday’s trading because a few people asked me about it.
Yesterday started off with over $1000 locked in. See this picture. The cumulative net profit. https://gyazo.com/74b0d44ffc4a85c96a58e91525698516
Great day and could have called it a day. I took an NQ short and the first one worked out. There was a very large passive seller defending the area from 7308 to 7316 yesterday. He wasn’t aggressive in the sense that he was hitting bids but it was clear he was sitting there. There was a ton of volume put in at that level. To give you a sense, the value area high was up there and the point of control or the area where the most volume took place was also sitting right near the value area high. Buyers were also very aggressive at that level. With all that volume and all those aggressive buyers hitting offers, NQ couldn’t go higher. They hit it with everything they had and it wouldn’t budge. That clearly shows someone huge is accumulating a pretty sizable short position.
The first NQ trade I covered as NQ came down. Once it started to move up again, I started to build another short position. There was a chance NQ would move up again even to the highs. With a seller that size, it would be extremely rare not to be there wanting more or have more orders that need to be filled. I was happy building a position on that second NQ trade. I built a position of 5 contracts. That position did go back to the highs but the seller was still there. When it did that, I had a paper loss to eat up my entire day. NQ finally came down. At the time it came down around an hour before the close, it showed a profit of around $550. With another NG trade, I could have closed up shop and locked in $1300 for the day. Especially since it had just put me in a position to have a down day after being up $1000.
Here’s the tricky part. There was a low volume area from 7289 to 7285. NQ needed to push through and the next logical area was the 7238 area. With an area like that with low volume, there are tons of stops on the other side of that. We had downside momentum and a very large seller. I wasn’t too concerned about a bounce off that area because I’d expect traders would take profit there.
So here was my dilemma. I know it’s a low volume area and I’m going to run into problems there. I just had a trade that almost wiped out my day and now is offering a decent $1300 day. What happens if that area gets taken out is a very quick move down to 7238 or so. That was another area of support. With my position of 5 contracts, that’s an additional $6000. I actually thought at the time it was an additional $4800 but it would have been $6000. This would be on top of the $1000 already made. My upside was a huge $7000 day. My downside wasn’t terrible and there was a chance of even losing everything I made again and closing the day with a loss. I weighed all options and decided to go for it and hold the trade. We had a big seller and downside momentum. I needed to see the seller get aggressive at that time. I expected a slight bounce but wasn’t concerned with people taking profits from their short positions. I also was looking at my week. I was up for the week and I’d still likely be up even if the trade bounced and never went through that area. If I did lose for the day, it was likely an amount that I could recover from pretty quickly. If the trade took place on a Monday, I’m locking in profits and skipping the chance. If I was having a bad day, same I’m locking it in. If I didn’t have a built in profit as a buffer, I might have also skipped the trade. Considering all those factors, I went for it and missed. If I’m put in the exact same scenario, I’m going for it again. It goes through that area more often than not.
The trade played out early this morning. In trading, you have a very short window to make crucial decisions. Yesterday was one of them. Take the safe $1300 and close shop? Go for gold and a $7000 day? Risk a down day?
I had enough questions from subscribers. If they had questions, others probably are wondering the same thing. That’s why I explained the trade in the forums. I also explained the same thing in a broadcast yesterday to subscribers. Told them 7238 was where it was likely to go. NQ bottomed out today at 7245. Pretty close. The problem for me was it took place today not yesterday afternoon. Can’t always get what you want.
Have a good weekend all. It’s 5:00 somewhere. Mega Man is out.
This week
And this week’s chart
Since June 4th the start of last week
And the chart from the same period
You can click on the word Gyazo next to the pics and they will open up.
And hover your mouse over the pic and you can expand it by left clicking the picture. Some might not use Gyazo.
Bulls make money, bears make money, pigs get slaughtered
They say that. Put in the same exact position, I’d take that trade again and hold out. Downside was to give up my day or even a loss that was recoverable pretty quick. Upside was a $7000+ day. With all things considered, it was a good risk to reward trade.
In trading, you have to take so many factors in and make a decision sometimes in a matter of seconds. With so many factors and the decisions and to be correct consistently, I can see why some say trading is harder than brain surgery. I don’t know if I agree with that but I’ve definitely heard more than one person say that.
Report card time. Honestly I made money this week but Monday killed me. I started off with a $2100 loss to end Monday. I kept reading the order flow as someone huge accumulating a huge short position. I didn’t know why. I didn’t care why. I just knew I wanted to be on the side of Mr. Big. If institutions want to go short, so do I. The market went up and closed up. I ate the loss. What else can I do? It’s tough to see I read it good but lost that much. The futures opened up and completely fell out of bed. Huge down day from the open of futures to the Asian trading and through the European trading for Tuesday. As an order flow trader, I need to be in control and sit and watch the flow. Sometimes I wish I wasn’t so I would hold and trust what I was seeing was good. Anyway, that’s how my week started down in the dumps. To make any kind of money after that is almost like having a huge week. At least it feels the same. The only thing I could really do was focus on the next day and next trade. Honestly I have bills to pay. I can’t afford too many $2k down days. But when I see big institutions getting heavily short, I go short too. They can hide their orders in the order book with icebergs but they leave a footprint behind with the volume. That tells you the real story. I want to be on the side of Goldman Sachs or whoever was shorting. They win and I like playing on the winning team.
Have a good weekend all. I need a beer after this week for sure.
Remember for the Gyazo pics, click the word Gyazo and left click the picture to make it bigger.
Here’s this week
Here’s this week’s graph.
Since June 4th.
Since June 4th graph
Hi all,
I hate to do this but I will be raising my price. I wanted to let you guys know in person. I will be asking an additional $350.
This weekend I got to playing with the website. I noticed how many strategies charge $500 up to even a $1000 and they get a bunch of subscribers. One trader had a CME something or another and had tons of people join and he has a bunch of strategies. He doesn’t even have his own money at risk. He’s not the only one I’ve seen others charging and getting tons of people.
This wasn’t a fly by night decision. I talked to my wife about it and we went back and forth with the pros and cons. I started on May 14th and the profit equity shows I made $6700 in that time. There are two other reasons. I think or at least it seems that people see a strategy that’s a little bit pricey and automatically assume it’s a good value because it’s expensive. That works in reverse also. They see a cheap strategy and think there’s no value there. Not always is the most expensive product you buy the best but it seems people have that perception. Not just here but anything they buy. The last reason is I don’t want to feel undercut. I’m a trader. I trade every single day. I come in and put 110% every single day. I give it my all. When I have a bad day, I let it go and come back and focus on the now the next time I trade. I focus on the trade at hand. I feel like I can ask $1000 and still get subscribers but I’m not asking that price. I don’t want to kill you guys I’m trying to be fair. I don’t feel asking $350 more is a crazy thing to ask. It’s also a business decision. For 17 subscribers I have paying the $149, I’d only need 5 paying the higher price.
I hope this doesn’t upset or inconvenience anyone here. I apologize if it does.
With me you have a trader. I’m trading my own money and lose right alongside you guys. I have a wife and kids and a mortgage. All that is supported with my trading. It’s been like that for over 10 years. I have to give it my all every single day. I have no choice. Kids are expensive. Wife is expensive. And a mortgage is expensive.
The market moves with volume. Big institutional traders. That’s what I do is read the volume and order flow. I’m in the now. Other traders rely on indicators like moving averages or CCI and other indicators. All those are derived from price. Those indicators react to what already took place in the market. They are all based on price and what already took place. Price does not move the market volume does. Price is only an advertising mechanism. All traders know that. What I mean by that is the same price on ES today of 2725 means something entirely different than ES at 2725 a few months ago. Big institutional traders are looking for value.
I haven’t talked about this before. I was one of those traders working on a desk. 2008 hit and I lost my job. It was the best and worst thing that happened. The feeling was horrible and nobody was hiring. It was a pretty sick feeling. I had to trade to get by while I looked for another job. After a year, my looking slowed down and I started to focus more on just trading at home. At the time it was the worst thing but everything happens for a reason. Now I look back and am so happy that happened. If it didn’t, I’d be working 10 hour days and never see my kids. The ability to work from home and more important the freedom is indescribable. I never intended this to be my path but that was the hand I was dealt. If you told me 10 years ago that I’d be trading from home, I’d say you’re crazy. Here I am trading from home.
So that’s it. I’m asking for $350 additional. I have my own money at risk. I come in and give it my all every single day. I hope you guys see value in that.
Henry
@MegaManTrading, you do realize a lot of those lead traders (supposedly) offered coupons for those subscribers to make it ‘look’ like they have a lot of subscribers? The CME something guy you mentioned in particular has been mentioned as a scammer…lol
But anyways, raising the sub fees is up to you and how you feel your worth. But like the marketplace we trade in there will be supply and demand that determines how much you make…lol
CME Burst today he made it private, lost 6K on CME SMAl and MEDIUM. He might come back with different name
Thanks @AlgoSystems
With me you get 110% every single day. I risk and lose money if subscribers lose. I watched a youtube video and found this place. I think it’s great. I never would have expected a place like this where people pay to follow my trades. I found myself trading from home but it wasn’t a choice I originally made. Maybe people will see value in me and what I put in to my trading.
MM
Hi @JeyC
I did not realize that. I looked over the weekend at strategies. Would he burst if it was his own money? I can’t afford to burst. I got kids to feed. A wife that stays home to take care of them because daycare is expensive and her whole paycheck would just go towards that. It’s all on my shoulders. Food, mortgage, everything. My income comes from trading. I pay taxes on my trading. If I can pick up a few more dollars it gives me and my family a better life and hopefully the people that trade what I trade make money also. It comes down to value. Do people see value in me? I come in and work hard and give it my all. That’s the best I can do. It’s the best I can offer.
The market really does move with volume. For traders that use price based indicators, they’re looking at what took place already in the past. If you look at volume, you would have seen the sellers at the open today. That alone might have prevented a bust.
Look at this picture. The bars at the very bottom are the cumulative delta for the day. Aggressive buyers vs. aggressive sellers. We had a net negative cumulative delta. Look at the bar at 9:35 and 9:36. See the 7 in the top right and 9 in the top right of each bar? That’s a single print. It’s the last buyer who bought the ES. Two bars that had single prints with the last buyer buying at the top.
This is where I got out. We had two bars shaded green that were buy imbalances. Buyers stepping in to protect the area. At the time it looked like a good decision because the market started to move up. Short lived. I had more orders to short but I never got filled and the market just took off.
Another reason I went short is we were opening up below value. The white shaded area to the right is value. You can see where we opened today. Clearly below value.
And finally this. Once we got to 2722.50, I missed additional shorts. I cancelled my orders. We went lower but I wasn’t interested in shorts beyond that. If I had gotten the additional short orders I had working, this might have been a place to start taking them off and I’d look at the orders coming in for reaction.
No moving average or CCI is going to give you that real time information. That’s why volume moves markets not price.
MM
Hi @MegaManTrading,
Thanks for the update. As you talk about CME fee, that’s why I want to mentioned that guy is a fake as I had affected and lost money on CME. I know you are trading on your own money (TOS). I am going to subscribe soon and i don’t mind the fee $500 as long as you are making money. I was tried your trail then I stop after took one day loss over 2K, after i realized should continue. Will subscribe soon. if you you provide 2 weeks coupon would be appreciated.
Hi @JeyC
Glad to hear you will subscribe. Coupon is a no go. I don’t think I can create a coupon for only two weeks. I’m also done with coupons. I don’t intend to put anymore out. I really wanted to create some buzz so I threw one or two out. If I put myself in subscriber’s shoes, I’d wait if I thought another coupon was coming. No more coupons will be issued.
I remember clearly the day you are talking about. Tough day but we ended the week on a positive note. The order flow showed a very large short position being built. I went short right along and the market closed up that day. After the open, the market took a big dive with news of Trump asking to ID $200 more in Chinese goods to slap tariffs on. Clearly someone had knowledge of that. The market took a very big dive after the open and into the Asian trading and European trading. For me it was a tough day but the only thing I could do was come back and trade the next day with a clear head. I just read the flows and do what Mr. Big is doing. I like playing on the winning team. Institutions win so I trade what they’re trading.
