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I’ve been subscribed to “Infinity 2020” since the beginning of the year for $595/month. It’s been getting killed, I’m currently holding over $85K is unrealized losses on less than $400K in open positions:
(also, I have no idea why C2 says Max drawdown for this strat is 10.2%, even if strat portfolio value is stated to be around $580K, seems like -$85K in unrealized PnL is worse than 10.2% DD).
Anyhow, been trying to touch base with the strat manager for four days. Site says he’s online pretty much all the time, but no response to my messages:
Maybe I’ve been spoiled by the managers of the couple of other strats I subscribe to that are very responsive.
Is it reasonable here to expect a response from a strat manager you’re subscribed to? And if so, any suggestions on how to handle this situation? Yes, I can just “unsubscribe” and dump the open positions for -$85K is losses, but ideally I’d like to here from the strat manager before doing so, in case this unrealized PnL deficit is within historic backtesting boundaries (i.e. I don’t want to “sell at the bottom” if his strat typically backtests hitting this level of red and then recovering), etc…
Yes investors can increase the scaling or decrease the scaling which could change the stats. But @ChrisPage said he is down $85,000 on $400,000 in open positions. If he means he started with $585,000 then he is down 15% and if he started with $400,000 he is down 21%. Not sure exactly which scenario he means but it does seem to be that he is down more than the 10.2% max shown.
I’m trading 100% of the position. 100% of the portfolio value of “Infinity 2020” I believe the strat manager says is around $580K (maybe less now) but he does not have 100% of his portfolio value deployed in positions (i.e. some of it is in cash).
Per the strat manager’s original guidance when I started auto-trading Infinity 2020:
I suggest u to put in your portfolio only the positions with negative P&L and wait for new trades
I only allowed the positions that were currently red (which was most of them) and then manually added/followed additional open positions as they went red, resulting in being in sync with his currently open positions.
This image is the current net PnL of his open positions on his strategy page:
It’s about a $42K loss since starting to auto-trade it in late January. He was profitable in February, and then lost those gains and a bit more since then (at least when you include current unrealized).
Just FYI, I had the same problem that some of the message didn’t go through to the subscribers.
Try connect C2 and ask what it is all about, but maybe you send him the message and he just don’t receive it as we had the same problem and C2 fix it ( or he is just don’t want to reply )
-$96K drawdown on $580K (100%) allocation and no response from strat manager for a week for the most expensive strat on C2, eating losses and unsubscribing.
sorry to hear about that chris, very frustrating. I just started my collective2 account as a way to earn side income, sharpe tends to be 3-6, sortino 4-7; can view stats at fundseeder(dot)com/trading_account/19034
my short term account is here but the positions tend to overlap and the account above has better risk metrics, so i think its the superior offering. fundseeder(dot)com/trading_account/19033
i manage my own real account and have it linked to auto trade here, so what i do is what you get. ill add more info over time as i just got this account running, but i encourage you to track my portfolio here and eventually subscribe if you like what you see. unlike most managers here, ive actually made $1mm over the last 2-3 years with very low correlation to markets. why be on this site now if im able to make $20k-200k a month? im trying to reduce my notional risk while seeking out side income while still doing what i enjoy doing – trading obviously can take its toll on people, even if successful.
