# Day trading system (MillionaireMaker)

**URL:** <https://forums.collective2.com/t/day-trading-system-millionairemaker/11414>\
**Category:** Trading and Markets\
**Created:** [February 13, 2018, 9:14pm UTC](https://forums.collective2.com/t/day-trading-system-millionairemaker/11414 "2018-02-13T21:14:14Z")\
**Posts on this page:** 20\
**Page:** 4

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**Author:** ![JohnDesey](https://yyz2.discourse-cdn.com/flex028/user_avatar/forums.collective2.com/johndesey/32/12306_2.png) [@JohnDesey](https://forums.collective2.com/u/JohnDesey)\
**Post date:** [February 20, 2018, 3:59pm UTC](https://forums.collective2.com/t/day-trading-system-millionairemaker/11414/61 "2018-02-20T15:59:21Z")

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yes correct… you have to manual trade to select what trades to take… you just suscribe and do not setup an auto trade account

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**Author:** ![TT3](https://yyz2.discourse-cdn.com/flex028/user_avatar/forums.collective2.com/tt3/32/238_2.png) [@TT3](https://forums.collective2.com/u/TT3)\
**Post date:** [February 20, 2018, 4:28pm UTC](https://forums.collective2.com/t/day-trading-system-millionairemaker/11414/62 "2018-02-20T16:28:47Z")

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manual trading a guy who’s daytrading in and out is very tiring. you will get lots of slippage.

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**Author:** ![CsabaBiro01](https://yyz2.discourse-cdn.com/flex028/user_avatar/forums.collective2.com/csababiro01/32/4962_2.png) [@CsabaBiro01](https://forums.collective2.com/u/CsabaBiro01)\
**Post date:** [February 21, 2018, 12:09am UTC](https://forums.collective2.com/t/day-trading-system-millionairemaker/11414/63 "2018-02-21T00:09:46Z")

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Ouch, today was bad. 10% drawdown and a loss on a 12-contract ES position. At least you kept the stoplosses. But hey, life is short and I’d love to be your broker.

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**Author:** ![AlgoSystems](https://yyz2.discourse-cdn.com/flex028/user_avatar/forums.collective2.com/algosystems/32/12306_2.png) [@AlgoSystems](https://forums.collective2.com/u/AlgoSystems)\
**Post date:** [February 21, 2018, 12:15am UTC](https://forums.collective2.com/t/day-trading-system-millionairemaker/11414/64 "2018-02-21T00:15:41Z")

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Not to be too skeptical but lets see after a 3 month period if this system will last. This is not the first daytrading system and this will not be the last. I hope there is more to the system than what I am seeing but so far its nothing that hasn’t been seen before.

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**Author:** ![CsabaBiro01](https://yyz2.discourse-cdn.com/flex028/user_avatar/forums.collective2.com/csababiro01/32/4962_2.png) [@CsabaBiro01](https://forums.collective2.com/u/CsabaBiro01)\
**Post date:** [February 21, 2018, 12:20am UTC](https://forums.collective2.com/t/day-trading-system-millionairemaker/11414/65 "2018-02-21T00:20:01Z")

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@AlgoSystem You mean he’s not the next George Soros or Jim Simons?

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**Author:** ![AlgoSystems](https://yyz2.discourse-cdn.com/flex028/user_avatar/forums.collective2.com/algosystems/32/12306_2.png) [@AlgoSystems](https://forums.collective2.com/u/AlgoSystems)\
**Post date:** [February 21, 2018, 12:28am UTC](https://forums.collective2.com/t/day-trading-system-millionairemaker/11414/66 "2018-02-21T00:28:27Z")

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Those fellows are not daytraders of course…lol

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**Author:** ![CsabaBiro01](https://yyz2.discourse-cdn.com/flex028/user_avatar/forums.collective2.com/csababiro01/32/4962_2.png) [@CsabaBiro01](https://forums.collective2.com/u/CsabaBiro01)\
**Post date:** [February 21, 2018, 12:34am UTC](https://forums.collective2.com/t/day-trading-system-millionairemaker/11414/67 "2018-02-21T00:34:13Z")

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@AlgoSystem In this case Jayy can give them a crash course on how to double up and really screw your day. “How to Double up and Make a Million Bucks” Sounds like a blockbuster title.

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**Author:** ![SteveKwan](https://yyz2.discourse-cdn.com/flex028/user_avatar/forums.collective2.com/stevekwan/32/238_2.png) [@SteveKwan](https://forums.collective2.com/u/SteveKwan)\
**Post date:** [February 21, 2018, 12:52am UTC](https://forums.collective2.com/t/day-trading-system-millionairemaker/11414/68 "2018-02-21T00:52:31Z")

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“I’d love to be your broker.” Me too.

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**Author:** ![CsabaBiro01](https://yyz2.discourse-cdn.com/flex028/user_avatar/forums.collective2.com/csababiro01/32/4962_2.png) [@CsabaBiro01](https://forums.collective2.com/u/CsabaBiro01)\
**Post date:** [February 21, 2018, 12:55am UTC](https://forums.collective2.com/t/day-trading-system-millionairemaker/11414/69 "2018-02-21T00:55:41Z")

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@SteveKwan Shall we found a brokerage firm? Jayy would be our only client.

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**Author:** ![SteveKwan](https://yyz2.discourse-cdn.com/flex028/user_avatar/forums.collective2.com/stevekwan/32/238_2.png) [@SteveKwan](https://forums.collective2.com/u/SteveKwan)\
**Post date:** [February 21, 2018, 1:31am UTC](https://forums.collective2.com/t/day-trading-system-millionairemaker/11414/70 "2018-02-21T01:31:51Z")

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Sound like a good idea.

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**Author:** ![AlgoSystems](https://yyz2.discourse-cdn.com/flex028/user_avatar/forums.collective2.com/algosystems/32/12306_2.png) [@AlgoSystems](https://forums.collective2.com/u/AlgoSystems)\
**Post date:** [February 21, 2018, 2:50am UTC](https://forums.collective2.com/t/day-trading-system-millionairemaker/11414/71 "2018-02-21T02:50:26Z")

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I guess the ‘guaranteed trade’ today did not work out thats why there was a huge loss for the 12 contracts.

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**Author:** ![AlgoSystems](https://yyz2.discourse-cdn.com/flex028/user_avatar/forums.collective2.com/algosystems/32/12306_2.png) [@AlgoSystems](https://forums.collective2.com/u/AlgoSystems)\
**Post date:** [February 21, 2018, 2:55am UTC](https://forums.collective2.com/t/day-trading-system-millionairemaker/11414/72 "2018-02-21T02:55:00Z")

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That last short trade was actually the entered at the low of the day in the hopes that it would break the low of the day. Its a gamble trade.

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**Author:** ![futurmajic](https://yyz2.discourse-cdn.com/flex028/user_avatar/forums.collective2.com/futurmajic/32/11156_2.png) [@futurmajic](https://forums.collective2.com/u/futurmajic)\
**Post date:** [February 21, 2018, 6:51am UTC](https://forums.collective2.com/t/day-trading-system-millionairemaker/11414/73 "2018-02-21T06:51:16Z")

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I’m surprised Collective2 allows you to use a name for your system that implies it is so good, you will become a millionaire by subscribing. Even if you can deliver, it is a bit unethical.

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**Author:** ![SoftCapital](https://yyz2.discourse-cdn.com/flex028/user_avatar/forums.collective2.com/softcapital/32/1487_2.png) [@SoftCapital](https://forums.collective2.com/u/SoftCapital)\
**Post date:** [February 21, 2018, 6:53am UTC](https://forums.collective2.com/t/day-trading-system-millionairemaker/11414/74 "2018-02-21T06:53:32Z")

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futurmajic… Yes same problem as “2% per month” which by C2 was told to rename their system.

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**Author:** ![futurmajic](https://yyz2.discourse-cdn.com/flex028/user_avatar/forums.collective2.com/futurmajic/32/11156_2.png) [@futurmajic](https://forums.collective2.com/u/futurmajic)\
**Post date:** [February 21, 2018, 6:57am UTC](https://forums.collective2.com/t/day-trading-system-millionairemaker/11414/75 "2018-02-21T06:57:23Z")

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The regulators frown on such things.

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**Author:** ![aum108](https://yyz2.discourse-cdn.com/flex028/user_avatar/forums.collective2.com/aum108/32/22740_2.png) [@aum108](https://forums.collective2.com/u/aum108)\
**Post date:** [February 21, 2018, 12:13pm UTC](https://forums.collective2.com/t/day-trading-system-millionairemaker/11414/76 "2018-02-21T12:13:04Z")

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> [@TT3](#):
>
> You definitely need to size down if you want paying subs. The account is way too volatile and size is way too big for most subs. I would say 4es max.

I have to agree with TT3 & many others here.

@Jayy  
You are going to be more successful on C2 and you will have way more subscribers  
if you scale down your strategy to 1-2 contracts maximum.  
Your subscribers will have the possibility to scale up themselves within their C2-account if necessary.

Most C2-subscribers are interested in strategies that don’t blow up their account.  
I would rather subscribe to 8 strategies with max. 1-2 contract each, than 1-2 strategies with 8 contracts.

Daily loss limit 10% is too high or me, but I’ll be watching your strategy closely.  
For the moment I prefer CsabaBiro11’s more conservative Chubs7500 strategy.

As soon as you offer a less volatile intraday strategy with hard stop loss, I’ll sign up.

Good luck mate

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**Author:** ![DogZebra\_Investing](https://yyz2.discourse-cdn.com/flex028/user_avatar/forums.collective2.com/dogzebra_investing/32/5086_2.png) [@DogZebra\_Investing](https://forums.collective2.com/u/DogZebra_Investing)\
**Post date:** [February 21, 2018, 1:38pm UTC](https://forums.collective2.com/t/day-trading-system-millionairemaker/11414/77 "2018-02-21T13:38:24Z")

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@Jayy - don’t listen to these haters dog. Ain’t no one gonna be a millionaire by trading 1 or 2 contracts. Swing for the fences every time! Smoke these foos.

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**Author:** ![guigui](https://yyz2.discourse-cdn.com/flex028/user_avatar/forums.collective2.com/guigui/32/12306_2.png) [@guigui](https://forums.collective2.com/u/guigui)\
**Post date:** [February 21, 2018, 1:51pm UTC](https://forums.collective2.com/t/day-trading-system-millionairemaker/11414/78 "2018-02-21T13:51:29Z")

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@Jayy Don’t listen to them. We will see in a few months.  
@CsabaBiro01 again, people can trade 50% or even 10% of the system if they want less contracts. Bashing other systems is really not cool and doesn’t make you look smarter.

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**Author:** ![CsabaBiro01](https://yyz2.discourse-cdn.com/flex028/user_avatar/forums.collective2.com/csababiro01/32/4962_2.png) [@CsabaBiro01](https://forums.collective2.com/u/CsabaBiro01)\
**Post date:** [February 21, 2018, 2:17pm UTC](https://forums.collective2.com/t/day-trading-system-millionairemaker/11414/79 "2018-02-21T14:17:53Z")

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@guigui I never bash any other system, I just point out facts whether you or anyone else likes it or not.

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**Author:** ![newbie123](https://yyz2.discourse-cdn.com/flex028/user_avatar/forums.collective2.com/newbie123/32/5432_2.png) [@newbie123](https://forums.collective2.com/u/newbie123)\
**Post date:** [February 21, 2018, 11:35pm UTC](https://forums.collective2.com/t/day-trading-system-millionairemaker/11414/80 "2018-02-21T23:35:42Z")

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Not sure how 50% scaling on a system like this would work. When 1 contract is sold, if you are @ 50%, what would C2 do?

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