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.
Can subscribers share some review for this model. Even though this model is less than 6 months but perform very well and the developer is using 500% TOS. Thats showing, the main source of income this developer is from his real live trading account n not from subscribers.
What I am concern, 5 contracts for YM for small accounts (less than $ 50K), dont you think this is quite risky, especially holding overnight and go to opposite ways.
I know from montecarlo, this model has experience DD around 30% but the return and recovery is very impressive.
In autotrading for live accounts you can scale it down to 20%. That way you can have plenty of margin since 20% of 5 contracts is only 1 contract. Also you can put a maximum contract size in case the system trades more than 5 contracts. With any unattended trading there can be enormous risks since a sharp move may actually pass through stops and you can get bad fills.
Can you handle 36 or 48 futures contracts in one trading signal?
Scaling down to 20% will still signal 7 or 9, maybe 10 (respectively), futures contracts when some large size signals are published by the leader.
That is a lot of leverage (two-edged sword) if you are not properly capitalized to handle the potential large swings in account equity associated with this amount of leverage (relative to allocated capital).
You may get margin calls from your broker or even liquidation of your position if the trades go against you. You can also lose more money than you have; owing the brokerage firm money for losses exceeding what you have on deposit with them.
If you can handle this type of risk than carefully consider a system with high leverage. Otherwise, inform yourself of what these things mean so you can make prudent and wise decisions for long-term survival in this difficult business.
Yes, you are correct about that being the total number of contracts throughout that particular trade.
Any follower can use constraints to limit scaling larger (adding contracts to an existing trade) or opening new positions based on liquidity in their own account.
What would the performance statistics and equity curve look like if a trade follower was not following every signal the same as published?
The difference would be dramatic and the potential reward and risk would not be measurable or ascertainable in advance.
It would be like trading a totally different system.
