# Latest Martingale Systems (and other ways to go broke fast) **URL:** \ **Category:** Trading and Markets\ **Created:** [September 1, 2015, 3:54pm UTC](https://forums.collective2.com/t/latest-martingale-systems-and-other-ways-to-go-broke-fast/8199 "2015-09-01T15:54:54Z")\ **Posts on this page:** 20\ **Page:** 8
**Author:** ![c2-auto-trader](https://yyz2.discourse-cdn.com/flex028/user_avatar/forums.collective2.com/c2-auto-trader/32/21425_2.png) [@c2-auto-trader](https://forums.collective2.com/u/c2-auto-trader)\ **Post date:** [June 10, 2016, 6:11pm UTC](https://forums.collective2.com/t/latest-martingale-systems-and-other-ways-to-go-broke-fast/8199/141 "2016-06-10T18:11:54Z")
Adding to help-you-to-lose-your-money collection: Aggressive Equity Sleeve > **[Aggressive Equity Sleeve](https://www.collective2.com/details/100080982)** > > Aggressive Equity Sleeve - trading strategy on Collective2 Aggressively looking for subscribers 🙂 ---
**Author:** ![SantiagoUrquijoZam](https://yyz2.discourse-cdn.com/flex028/user_avatar/forums.collective2.com/santiagourquijozam/32/21431_2.png) [@SantiagoUrquijoZam](https://forums.collective2.com/u/SantiagoUrquijoZam)\ **Post date:** [June 11, 2016, 6:29am UTC](https://forums.collective2.com/t/latest-martingale-systems-and-other-ways-to-go-broke-fast/8199/142 "2016-06-11T06:29:24Z")
I too lost about 40k on Ascendant TY. A complete scam these guys ---
**Author:** ![DavidStephens](https://yyz2.discourse-cdn.com/flex028/user_avatar/forums.collective2.com/davidstephens/32/6369_2.png) [@DavidStephens](https://forums.collective2.com/u/DavidStephens)\ **Post date:** [June 11, 2016, 10:02pm UTC](https://forums.collective2.com/t/latest-martingale-systems-and-other-ways-to-go-broke-fast/8199/143 "2016-06-11T22:02:04Z")
> [@SantiagoUrquijoZam](#): > > I too lost about 40k on Ascendant TY. A complete scam these guys I think they’ve been doing that for years. System after system, all Martingale, all eventually wiping out their subscribers. People can’t get enough of it. ---
**Author:** ![MartinPavlas](https://yyz2.discourse-cdn.com/flex028/user_avatar/forums.collective2.com/martinpavlas/32/2130_2.png) [@MartinPavlas](https://forums.collective2.com/u/MartinPavlas)\ **Post date:** [June 14, 2016, 5:51pm UTC](https://forums.collective2.com/t/latest-martingale-systems-and-other-ways-to-go-broke-fast/8199/144 "2016-06-14T17:51:46Z")
Their system is not available now. What is the monthly result for last 3 months? ---
**Author:** ![VBFund](https://yyz2.discourse-cdn.com/flex028/user_avatar/forums.collective2.com/vbfund/32/11093_2.png) [@VBFund](https://forums.collective2.com/u/VBFund)\ **Post date:** [June 14, 2016, 6:08pm UTC](https://forums.collective2.com/t/latest-martingale-systems-and-other-ways-to-go-broke-fast/8199/145 "2016-06-14T18:08:08Z")
![](https://yyz2.discourse-cdn.com/flex028/uploads/collective2/3033/74152095b15a1fd5.jpg) ---
**Author:** ![OldSchool](https://yyz2.discourse-cdn.com/flex028/user_avatar/forums.collective2.com/oldschool/32/1393_2.png) [@OldSchool](https://forums.collective2.com/u/OldSchool)\ **Post date:** [June 30, 2016, 10:33am UTC](https://forums.collective2.com/t/latest-martingale-systems-and-other-ways-to-go-broke-fast/8199/146 "2016-06-30T10:33:26Z")
hi, new here on C2, is possible to “see” how many subscribers in each system? thanks, MT ---
**Author:** ![VBFund](https://yyz2.discourse-cdn.com/flex028/user_avatar/forums.collective2.com/vbfund/32/11093_2.png) [@VBFund](https://forums.collective2.com/u/VBFund)\ **Post date:** [June 30, 2016, 11:43am UTC](https://forums.collective2.com/t/latest-martingale-systems-and-other-ways-to-go-broke-fast/8199/147 "2016-06-30T11:43:41Z")
[quote=“OldSchool, post:146, topic:8199, full:true”] hi,new here on C2, is possible to “see” how many subscribers in each system?thanks,MT [/quote No ---
**Author:** ![OldSchool](https://yyz2.discourse-cdn.com/flex028/user_avatar/forums.collective2.com/oldschool/32/1393_2.png) [@OldSchool](https://forums.collective2.com/u/OldSchool)\ **Post date:** [June 30, 2016, 2:37pm UTC](https://forums.collective2.com/t/latest-martingale-systems-and-other-ways-to-go-broke-fast/8199/148 "2016-06-30T14:37:14Z")
hi, many thanks for information MT ---
**Author:** ![DavidStephens](https://yyz2.discourse-cdn.com/flex028/user_avatar/forums.collective2.com/davidstephens/32/6369_2.png) [@DavidStephens](https://forums.collective2.com/u/DavidStephens)\ **Post date:** [June 30, 2016, 6:34pm UTC](https://forums.collective2.com/t/latest-martingale-systems-and-other-ways-to-go-broke-fast/8199/149 "2016-06-30T18:34:29Z")
To estimate subscribers: Choose a system and click “Show AutoTrade data” and then click on a recent “orange icon” to get the table of AutoTrade brokerage fills. Copy the table into a spreadsheet, use the quantities and price to figure the value of assets managed by the system (which is probably more important than subscriber count anyway). To estimate subscribers divide the total assets managed by value needed to trade the system at 100% scaling. ---
**Author:** ![VBFund](https://yyz2.discourse-cdn.com/flex028/user_avatar/forums.collective2.com/vbfund/32/11093_2.png) [@VBFund](https://forums.collective2.com/u/VBFund)\ **Post date:** [June 30, 2016, 7:06pm UTC](https://forums.collective2.com/t/latest-martingale-systems-and-other-ways-to-go-broke-fast/8199/150 "2016-06-30T19:06:51Z")
Its an idea but it doesnt tell you how many are subscribed to the system , most of the time you get multi fills per subscriber , i’ve noticed one of them trades 32 emini contracts . ---
**Author:** ![DavidStephens](https://yyz2.discourse-cdn.com/flex028/user_avatar/forums.collective2.com/davidstephens/32/6369_2.png) [@DavidStephens](https://forums.collective2.com/u/DavidStephens)\ **Post date:** [June 30, 2016, 7:52pm UTC](https://forums.collective2.com/t/latest-martingale-systems-and-other-ways-to-go-broke-fast/8199/151 "2016-06-30T19:52:31Z")
Right, it’s just an estimation. It tells you how many 100% scaling subscribers there would be if everyone subscribed at 100% scaling. It’s the best estimate I could come up with. I’m all ears if you have something better. ---
**Author:** ![VBFund](https://yyz2.discourse-cdn.com/flex028/user_avatar/forums.collective2.com/vbfund/32/11093_2.png) [@VBFund](https://forums.collective2.com/u/VBFund)\ **Post date:** [June 30, 2016, 7:57pm UTC](https://forums.collective2.com/t/latest-martingale-systems-and-other-ways-to-go-broke-fast/8199/152 "2016-06-30T19:57:06Z")
Anyway you dont need to calculate “assets managed” , just divide the total amount of shares/contracts auto traded by the developer’s trade size example : 40K shares traded divided by 400 shares - account model - = 100 X @ 100% scaling . ---
**Author:** ![DavidStephens](https://yyz2.discourse-cdn.com/flex028/user_avatar/forums.collective2.com/davidstephens/32/6369_2.png) [@DavidStephens](https://forums.collective2.com/u/DavidStephens)\ **Post date:** [June 30, 2016, 8:02pm UTC](https://forums.collective2.com/t/latest-martingale-systems-and-other-ways-to-go-broke-fast/8199/153 "2016-06-30T20:02:17Z")
I calculate assets managed because I find it a more interesting value than an estimated subscriber count. ---
**Author:** ![VBFund](https://yyz2.discourse-cdn.com/flex028/user_avatar/forums.collective2.com/vbfund/32/11093_2.png) [@VBFund](https://forums.collective2.com/u/VBFund)\ **Post date:** [June 30, 2016, 8:10pm UTC](https://forums.collective2.com/t/latest-martingale-systems-and-other-ways-to-go-broke-fast/8199/154 "2016-06-30T20:10:50Z")
The calculation i gave you will give you assets managed as well , in my latest example it would be 100X . ---
**Author:** ![OldSchool](https://yyz2.discourse-cdn.com/flex028/user_avatar/forums.collective2.com/oldschool/32/1393_2.png) [@OldSchool](https://forums.collective2.com/u/OldSchool)\ **Post date:** [June 30, 2016, 8:53pm UTC](https://forums.collective2.com/t/latest-martingale-systems-and-other-ways-to-go-broke-fast/8199/155 "2016-06-30T20:53:43Z")
many thanks for your comment now i have a idea 😄 ---
**Author:** ![Bot\_Muncher](https://yyz2.discourse-cdn.com/flex028/user_avatar/forums.collective2.com/bot_muncher/32/1917_2.png) [@Bot\_Muncher](https://forums.collective2.com/u/Bot_Muncher)\ **Post date:** [June 30, 2016, 10:10pm UTC](https://forums.collective2.com/t/latest-martingale-systems-and-other-ways-to-go-broke-fast/8199/156 "2016-06-30T22:10:55Z")
BlueGirls systems blowing up as well… keep an eye out for a new alias, its coming soon I would put money on it. ---
**Author:** ![SantiagoUrquijoZam](https://yyz2.discourse-cdn.com/flex028/user_avatar/forums.collective2.com/santiagourquijozam/32/21431_2.png) [@SantiagoUrquijoZam](https://forums.collective2.com/u/SantiagoUrquijoZam)\ **Post date:** [July 1, 2016, 2:04pm UTC](https://forums.collective2.com/t/latest-martingale-systems-and-other-ways-to-go-broke-fast/8199/157 "2016-07-01T14:04:52Z")
Rain Man another system to be doomed soon. As it is the case, trader does not respond. He only responded to the first email to lure me in and now when things turn sour, he disappeared. It has happened so many times to me! ---
**Author:** ![SoftCap](https://yyz2.discourse-cdn.com/flex028/user_avatar/forums.collective2.com/softcap/32/1487_2.png) [@SoftCap](https://forums.collective2.com/u/SoftCap)\ **Post date:** [July 1, 2016, 2:48pm UTC](https://forums.collective2.com/t/latest-martingale-systems-and-other-ways-to-go-broke-fast/8199/158 "2016-07-01T14:48:44Z")
Crazy options 2016 - also looks like in deep shit: > **[Crazy options 2016](https://www.collective2.com/system98846459)** > > Crazy options 2016 - trading strategy on Collective2 ---
**Author:** ![RobCrawford](https://yyz2.discourse-cdn.com/flex028/user_avatar/forums.collective2.com/robcrawford/32/238_2.png) [@RobCrawford](https://forums.collective2.com/u/RobCrawford)\ **Post date:** [July 1, 2016, 2:58pm UTC](https://forums.collective2.com/t/latest-martingale-systems-and-other-ways-to-go-broke-fast/8199/159 "2016-07-01T14:58:00Z")
wow, after all those forum posts, he destroys the entire account in one trade. I wonder if he cost someone their life savings? Next… on “American Greed”! Stopped trading 3 weeks ago, soon to start over with a new system, just like rain man, blue girl. ---
**Author:** ![RobCrawford](https://yyz2.discourse-cdn.com/flex028/user_avatar/forums.collective2.com/robcrawford/32/238_2.png) [@RobCrawford](https://forums.collective2.com/u/RobCrawford)\ **Post date:** [July 1, 2016, 3:19pm UTC](https://forums.collective2.com/t/latest-martingale-systems-and-other-ways-to-go-broke-fast/8199/160 "2016-07-01T15:19:01Z")
By the way, and it’s been said lots and lots of times, if you limit yourself to ToS systems, systems where the manager is trading with their own money along side your’s, you should experience much more long term success than you will chasing the latest ridiculous “80% gain in the first month of trading” sorts of systems. I understand there are legit traders out there who live in countries outside of the US, and so it’s difficult or impossible to open accounts in supported brokers, but this is your money. Without ToS you are essentially rolling dice. if you’re willing to settle for, say 30% or 50% real returns instead of 300% or 500% fictional returns followed by complete account destruction, then in the long run I believe you’ll find yourself doing much, much better. [Previous page](https://forums.collective2.com/t/latest-martingale-systems-and-other-ways-to-go-broke-fast/8199.md?page=7) [Next page](https://forums.collective2.com/t/latest-martingale-systems-and-other-ways-to-go-broke-fast/8199.md?page=9)