Medallion Fund (Forex), CME FX Products (Futures)

Trading and Markets
121

Hello,

Important information for subscribers of my systems and my future subscriptions:

1. The subscription cost for my systems “PFSignal com” (Forex), “Myfxmap com” (Currency futures CME Group), “MAP Capital Investment” will remain unchanged until January 1, 2020:

1.1 “PFSignal com” (Forex) = 79 USD per month

1.2 “Myfxmap com” (Currency futures CME Group) = 199 USD per month

1.3 “MAP Capital Investment” (Forex) = 49 USD per month

2. The subscription price for my systems is “PFSignal com” (Forex), “Myfxmap com” (Currency futures CME Group), “MAP Capital Investment” from January 1, 2020 to January 1, 2022 (2 year period):

2.1 “PFSignal com” (Forex) = 149 USD per month

2.2 “Myfxmap com” (Currency futures CME Group) = 299 USD per month

2.3 “MAP Capital Investment” (Forex) = 99 USD per month

3. For subscribers connected before January 1, 2020, the cost of subscribing to my systems is “PFSignal com” (Forex), “Myfxmap com” (Currency futures CME Group), “MAP Capital Investment” from January 1, 2020 to January 1, 2022 (period 2 years):

3.1 “PFSignal com” (Forex) = 99 USD per month

3.2 “Myfxmap com” (Currency futures CME Group) = 249 USD per month

3.3 “MAP Capital Investment” (Forex) = 79 USD per month

4. TOS = 300% on each of my systems.

Michael

122

If you are an investor/subscriber, it is very important that you read this.

When I first became a subscriber on C2, I wondered why there wasn’t a long history of good traders. After asking around and making my own observations, I believe the number one reason why good traders leave C2 is because the subscribers are so nasty to deal with. Most subscribers aren’t experienced traders, and they’re usually over-leveraged and paying subscriptions fees that are way too high for their account size. This makes for stressed out subscribers, who are constantly watching the performance of the traders. The subscribers leave nasty comments on the public forum, as well as send nasty private messages to the trade leaders.

For everyone’s sake, here is a brief summary on how trading works.

Trading is like professional poker. It’s a game of odds and probabilities. Good traders have an “edge”. An edge is simply a higher probability of one outcome happening over another. In other words, if a trader truly has an edge, and they’re obeying their rules, they will make money in the long run. However, wins and losses are not evenly distributed. It’s quite common for good traders to go through drawdowns of 6-12 months. It’s important to see the big picture. If you look at a trader’s five year history, you will start to notice longer drawdowns, but they seem insignificant in hindsight…but at the time, it was stressful for the subscribers. Most likely the subscribers bailed after the drawdown, just before the rally continued.

All traders use different strategies which yield different win-loss ratios. But in general, 90% of a trader’s losses and wins will cancel out. This means that the last 10% are the big wins that make the trader’s equity curve go up. You will notice this if you look at trader’s history. This is difficult for subscribers because the 10% big wins aren’t evenly distributed. They are often dependent on the speed of the market and they will be clustered together. This means that it’s very normal to go many months with mediocre results, because the small wins and small losses are cancelling each other out.

Some helpful tips if you’re a subscriber:

  1. Don’t watch your account balance every day. Watch it for the first week to make sure there aren’t glitches in the system, and then check it once per month. You will only make it worse by checking it more often. You will be tempted to unsubscribe after a drawdown, only to miss out on the rally.
  2. Be nice to your trade leaders. If you scare them away from C2, we all suffer.
  3. If you are lying awake in bed worrying about your money, you are scaling too large. Your subscription fees should be less than 10% of your account balance (annually). This means that you need to surpass a 10% return just to break even.
  4. Don’t criticize the trader’s method. If you don’t like that they add to losing positions, then find another trader. There are many ways to make money.
  5. Be grateful for the people who created C2. They are enabling you to grow your money with very low fees compared to traditional funds that take a percentage of your gains. If you make money each year, the fees are minimal and worth every penny.
  6. Spread out your risk. The plans that allow you more traders are more expensive, but this lowers your risk. Statistics say that the optimal spot for reducing risk for a basket fund of stocks is 20 stocks. Start to see your traders as a basket of stocks. Scale accordingly. If you have 100k and five traders, allocate each of them 20k.
  7. Realize that these traders are putting up with a lot of subscriber garbage just to earn a small monthly fee. They could make more taking a percentage of your gains. Be grateful for that.
  8. Build relationships with your traders. If they decide to leave C2 and go private, you’ll want them to invite you with them.

These are thoughts off the top of my head. Hope this helps to clarify some things.

Drew

12 Likes
123

I agree with Andrew.

Andrew’s post should somehow be flagged as a post of Great Distinction.

Guys if you don’t like MAP, unsubscribe. But give the guy a break. He is not required to share with anyone more than what is shown by the C2 system.

2 Likes
124

Hello,

Can’t Buy To Open
You are currently short GBPUSD, so you cannot Buy To Open. You need to close your short position first or make your BTO order conditional. Learn more

If I have a sale open, why can’t I buy to close the sale? Correct the error in your software.

Michael

125

I spent a few moments reading some of the negative comments above. Makes me cringe reading them.

Michael’s results are pretty phenomenal. Last year his forex strategy did close to an 80% return. This year he’s only up 27%, and people are complaining? What? You can’t find these types of returns, with this level of risk management, in many other places. Most investors are thrilled at anything over 10%.

And his monthly prices are incredibly cheap.

Michael is the one of the few traders here that posts links to his trading history. That’s great!

It’s not his fault that you subscribed at the top of a peak after a rally.

And he gives his subscribers monthly updates with complete transparency. He even apologizes after a string of losses, which isn’t necessary at all. Who else does that?

2 Likes
126

This one is funny. But others are good.

2 Likes
127

I agree with your comments. Very objective.

1 Like
128

Hello,

Sorry. The drawdown period continues. I am sure that we will soon update new peaks for profit again. We are waiting, we hope, we believe! Risk control is the main thing, and the profit itself will come.

Michael

129

Hello,

There may be periods, several trading sessions, several trading weeks, when there is no trading activity, this is normal. Constant presence in the market and constant trading in no way affects profit for the better, does not make it any bigger, sometimes only a few trading sessions make the result for a whole month. You need to be able to wait, work out only clear signals, and then the result will be much better.

Michael

130

You have some of the lowest C2 scores. This indicates statistically, you will eventually destroy the accounts.

4 Likes
131

Simply! Clearly! Clear! Great analysis, friend. I am sure that your help is needed in this thread - How to evaluate a trading strategy in the right way. A lot of experience in one topic

132

Hello,

My systems again started to move up the profit curve.

Michael

133

Hello,

Experience in online trading since 2006. Manual trading is based on the use of advanced mathematical algorithms that generate accurate entry and exit signals, as well as on the analysis of intraday currency futures of the Chicago Mercantile Exchange (CME Group). Trading is carried out both on a trend and on a reversal, on GBPUSD, EURUSD, AUDUSD, USDJPY, USDCAD, USDCHF currency pairs. Each trade is protected by stop loss. Not a martingale.

Michael

134

Hello,

Sorry for the poor results of the past month. For October 2019, the systems recorded a second consecutive month loss. There were, are and will be periods of drawdowns, since everything in this world is cyclical and trading results are no exception, growth always follows a decline or stagnation in growth occurs for some time and this should be taken normally. The following results are shown for the month: :

1) Collective2 | System “PFSignal com” (Forex) - 2.9%, current profit for 2019 + 23.3%

2) Collective2 | System “Myfxmap com” (Currency futures CME Group) - 6.7%, current profit for 2019 + 7.4%

3) Collective2 | System “MAP Capital Investment” (Forex) - 8.6%, current profit for 2019 + 6.9%

Michael

Experience in online trading since 2006. Manual trading is based on the use of advanced mathematical algorithms that generate accurate entry and exit signals, as well as on the analysis of intraday currency futures of the Chicago Mercantile Exchange (CME Group). Trading is carried out both on a trend and on a reversal, on GBPUSD, EURUSD, AUDUSD, USDJPY, USDCAD, USDCHF currency pairs. Each trade is protected by stop loss. Not a martingale.

135

Hello,

Renamed the system “MAP Capital Investment” (Forex).

Now her name “FX Micro Futures” (currency futures CME Group) - Micro GBPUSD, Micro EURUSD, Micro AUDUSD, Micro USDJPY, Micro USDCAD, Micro USDCHF. Subscription price 29 USD per month.

I think my system “FX Micro Futures” (currency futures CME Group) will be interesting to those who would like to connect to my forex system, but cannot do this for a number of reasons.

Michael

136

Hello,

Great month for my systems. Great results.

Michael

137

@ZeroPoint haven’t been here in a long time but I came back out of morbid curiosity today.

Just gonna leave this ol’ thread here. This isn’t the first time he’s danced around a direct question:

3 Likes
138

Hello DogZebra_Investing,

Thank you for your interest in my systems. I am glad not to forget about me and work for me as a marketer for free. Negative advertising is better than positive advertising. Thanks for the good work.

The first subscriber here I had on April 4, 2018. Therefore, by my actions I did not harm anyone and no one was hurt. Risks are always monitored. A stop loss is set for each trade. The system is not a martingale. Any my client will confirm this.

Michael

139

Hello,

Today, according to my system “PFSignal com” (Forex), I made 2 trades in micro-currency futures for my system “FX Micro Futures” (micro currency futures CME Group). Sorry for the error.

Michael

140

Hello,

Trading results are cyclical. There will be periods when for several months in a row there will be super profit. There will be break-even periods and there will be periods of drawdowns. This is normal.

This month, a superprofit period has begun on my systems: “PFSignal com” (Forex), “Myfxmap com” (Currency futures CME Group), “FX Micro Futures” (Currency micro futures CME Group).

Michael