Just got an alert that this strategy is now private. I’d be curious to hear anyone’s experience if they were a subscriber.
Looks like it was over a year old with tiny drawdowns and good returns until it wasn’t.
Without looking further I assume win rato is 80+?
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advice - avoid strategies with win rate over 80-90%!
@JimGates @EvaRossmann I definitely agree people should be wary of high win rate strategies in most contexts (some get a pass for me depending on other details). Now that I am at my computer and not just on a phone I was able to confirm some details. It wasn’t a high win rate strategy!
Some notes for the screenshot below. It is from the way back machine / internet archive. The details are from October 2, 2023. That was the last snapshot the archive took. However the chart seems to be live on that site even though the strategy is private. Kind of cool but a bit trippy to look at. I zoomed the chart in to stop at October 2nd. Looks like it was ranked number 8 and max leverage use of 22 as of October 2nd and had a win rate of 53.6%. So not a particularly high win rate.
The link is slow to load but this was the source: Limited
I dropped this strategy a while back when, if I recall correctly, it lost me $10,000 or so on a single trade (a pittance in comparison with recent losses suffered by others). Made it clear that the developer (LaurenGar?–please correct me if I’m wrong) was walking a high-wire without a net. My condolences to any and all who got caught up in this apparent disaster.
Not to go too far off topic, but circumstances like this make me wish that C2 allowed followers to set percentage-based stops if so desired.
I agree that would be really nice in many cases.
