Have profitable systems ever left C2?

C2
1

Just wondering if there has been any successful C2 systems with good returns and good subscriber base that have been closed by the system creator ?

Maybe the system was exceptionally good and it just wasn’t worth the hassle to post signals to C2 subscribers…

2

Exlence. Chris Freeman and his partner manage their own hedge funds.

http://bouchardcapital.com/

[LINKSYSTEM_28309886]

3

Neil, My job is trading for my own account. I do not develop systems. Posting trades from 1 of my systems was a one year experiment. It earned 155%. The year is over. At first I was going to just close it, but on second thought decided to continue posts to those few who have subscribed, but after tomorrow I won’t take any more subscribers and as the subscribers dwindle in the future, I’ll then shut it down. Overall, missing even 1 trade because I’m diverted by C2 is not worth it. I expect others who are traders and not developers have done the same in the past.

4

According to their own website, their system has been unable to beat the S&P 500 so far. Let’s just hope it is only a temporary situation.



That said starting a hedge fund is of course the ultimate trader’s dream. Slowly but surely, one can make a killing (we are talking Billions here!) with the right trading system or strategy and enough capital under management.



To give you an idea, just look at the INSANE profits these top traders pocketed just for the year 2009 alone, for example: http://www.businessinsider.com/meet-the-top-10-earning-hedge-fund-managers-of-2009-2010-4?op=1

5

"Maybe the system was exceptionally good and it just wasn’t worth the hassle to post signals to C2 subscribers… "



sure possible, or they established that they could go solo and still attract the same number of subs, whilst not having to pay the 30% cut to c2.

6

Thats interesting. Do you know what market/s they traded whilst still with c2? Thats a huge difference in performance.

7

Bruce, isn’t it also a matter of economics? After all, if you had a large base perhaps your thinking might be different.



You were up 155% and ony had a “few” subscribers which I find terribly dissappointing. People should have been knocking down the proverbial door to take advantage of that system, assuming it had other strong stats and metrics.



As I examined the most popular systems, there weren’t many that had more than a handful of auto-traders. Why is that?

8

There are a few systems named "Cancelled by Developer Feb 2011" (LOL) that had phenomenal returns.

9

Many people trading relatively small accounts rather trade manually to save on the autotrade fees. Especially if the system is easy to follow manually.



Number of autotraders is not really a good indication of how many subscribers a system has.

10

Hi Iris,



You wrote:

1. Bruce, isn’t it also a matter of economics? After all, if you had a large base perhaps your thinking might be different.



2. You were up 155% and ony had a “few” subscribers which I find terribly dissappointing. People should have been knocking down the proverbial door to take advantage of that system, assuming it had other strong stats and metrics.



My replies:

1. Yes- If I’d had a very large base, I’d probably feel differently.



2. I think my stats were good. My C2 score is 994. My system has winners 65% of the time, and the average win is $60 greater than average loss. see 1 Day NQ.



Thanks for your comments,



Bruce