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In the past few days, a vendor on the fly changes both his user name and system name, has a system “disappear” (not merely “strategy private”, then reappears under his previous name with different system info! The original vendor name was Allen_Walker, system name ES Trader AS and changed his name to apple-alain (may not have the format exactly right) which no longer exists and additionally changed the system name. I messaged apple-alain (or perhaps apple_alain, but don’t worry you won’t find it!) if he changed his name and system name and today my message name header has “miraculously” gone back to Allen_Walker with all previous correspondence, but with systems info now altered! And there is a new system today from a user MillerCooper who is probably the same person, since they use System Description word for word.
I repeatedly see people calling out vendors here, but this is pointless and wrong. This is a fraudulent ecosystem created by C2 with the blame completely pointing at C2. There are enough long-time posters here I would like to hear responses from on this. Does anyone care about this at all? And of course, C2 should step up with something substantial, but please no one hold your breath.
Changed their name and simultaneously changing the name of the system with the old data. Then going back to the old name and removing prior system information. Then likely starting another system under an additional name. You should have all the information you need from the first message and you have all the data. We are left in the dark trying to figure out what the hell is going on. And just why should someone be allowed to change their handle and remove their already anonymous identity?
But please re-read the initial message. Your response is already attempting to minimize, distract, and deflect. It’s not rocket science to see the integrity issue here.
My opinion is that this is a modestly useful feature, but some people like it.
But my more general, and I hope helpful, point is: If you see a strategy run by someone whose activity doesn’t feel “right” to you (for example, if a guy changes a strategy name, and that strikes you as wrong, or whatever), then just don’t subscribe. Everyone will have a different “spidey sense” that tingles at different times. Some people will not mind that someone changed a strategy name. Some people will not care that a strategy has gone private. Others will care a lot about those things. If you care about either of these things, then of course you should avoid the strategy or Trade Leader in question.
This is a somehow convoluted, but potentially useful feature on the web site. Just to make sure I understand: once a system developer registers with C2, they can not erase /reset their history? Ever? If they de-register and re-register with a different handle, using the same credit card, C2 will recognize this and prevent it (link to their previous, obsolete, closed history)? Or C2 doesn’t check this at all and they can start fresh, even if they use the same credit card? In brief: when/how does C2 consider two handles “the same”?
[I have yet to find a contributor to this forum who believes that C2 offering for trade leaders the possibility to disappear with names, systems names, performance record and then re-appearing with a new name, new systems is “a (modestly) useful feature”, but I take your word for it that there are users like this. I assume they like to lose $$ to a developer and then start it fresh to lose some more $$ to the same person, without knowing that it is the same person?]
Thanks for pointing out the Strategy Activity Details. It’s a potentially very useful tool that still falls short as in the example below. And it begs the question-Why should a trade leader be allowed to engage in essentially unlimited activity to hide themselves and their systems? By all rights what this trade leader did from 7/18 to 7/20 should bother you. The results of old system names can no longer be looked up. Why should C2 provide this means to the disservice of Investors? It’s hard enough to succeed in the markets without Investors having to be sleuths for constant identity and system changing. It’s also a total disservice to the legitimate trade leaders that don’t engage in these practices. But put out the effortless forbidden fruit and bad actors will always step forward. Finally, here’s a new system likely from the same trade leader (no Strategy Activity Details for this name) who copied the same System Description info:
ES Trade TR
(119006790)
Created by:
MillerCooper
Started: 07/2018 Futures Last trade: Today
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Trading Category: Futures
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Financials / Indexes
Seriously? We are discussing 1 month old strategy with 20% (!!) profit per that month. This strategy will fail by default, it is doomed. Doesn’t matter if C2 has certain strict policies or not.
Want to avoid scammers? Wait for a year and then review the strategy. There are no renaming or private modes for 1 year old strategies with appropriate risks. Resolved.
Ok, I’ve explained my policy. You are of course welcome to disagree. The beauty of free markets is that, if you think I have done an inadequate job at something, you can take your business elsewhere.
At this point, I’ll bow out of this discussion, since I’ve said all I can say. I recognize my answers won’t please everyone, and I’ll just leave it at that.
Resolved.