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

[MAP]

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

Gold words. Do not forget this.

[MAP]

Hello,

1. I transfer my systems “Myfxmap com” (Currency futures CME Group), “FX Micro Futures” (currency futures CME Group) for trading currency futures to another resource (I don’t write its name, advertising is prohibited here).

2. According to my forex system “PFSignal com” (Forex), the cost of a subscription per month will be 49 USD per month until July 1, 2020. For existing subscribers until April 1, 2020, the cost of subscription is 25 USD per month.

PFSignal com

The results lately are not very good. Thank you for being with me. Hopefully next year will be better than 2019. 2020 will bring us big profits. Thanks!

Michael

[MAP]

Hello,

Optimized the trading system, fixed several errors. Work in terms of these issues does not stop and is constantly being done for the further growth and development of my projects. The system has become more reliable and stable.

PFSignal com

Michael

[MAP]

Hello,

Thank you for your support and faith in my system.
We move on to the planned plans and goals.
Have a nice New Year and Christmas.
See you in the New Year 2020.

Michael

[MAP]

Hello!

So 2019 is coming to an end, let us sum it up. First of all, I would like to congratulate you on the upcoming New Year 2020 and Christmas. I wish you good health, fulfillment of your plans, all the very best.

The results for the past year, in my opinion, were not as good as a year earlier, then the PFSignal com (Forex) system generated a profit of + 85.1% with a maximum drawdown of 22.3%. At the end of 2019, a profit of + 19.7% was shown on the PFSignal com (Forex) system | https://collective2.com/details/116744132

Work in terms of optimizing the trading system, fixing errors, does not stop and is constantly being done for the further growth and development of my projects. The system is becoming more reliable and stable. Thank you for your support and faith in my system.
We move on to the planned plans and goals. I will do my best to make profit in 2020 more than in 2019 and close to the level of 2018.

Have a nice New Year and Christmas.

See you in the New Year 2020.

Michael

[VG2]

Same to you, Michael. Hope you had a great Christmas and wishing you all the best in 2020!

[MAP]

Hello,

Great start to the year in my system “PFSignal com” (Forex) + 3.2% profit

https://collective2.com/details/116744132

Michael

[MAP]

Hello,

What errors I made on my system in 2019:

1. In the moments I did non-systemic transactions, they all brought a loss, so the result for the year was not very good.
2. Invalid entry points, with the right trading idea.
3. The high frequency of transactions.

For 2020, I will try to do the following in the system “PFSignal com”:

1. To exclude all non-systemic transactions, no matter how good opportunities are. Only 100% performance of my system.
2. Optimized entry points.
3. Optimized risk management.
4. The result (profit) in 2020 to do, more than in 2019.

The system for trading currency futures CME Group will be available on another resource.

Here in 2020, only one of my forex systems “PFSignal com” will be presented.

https://collective2.com/details/116744132

Join now!

Thank you for your support and trust.

Michael

[MAP]

Hello,

Great start to the year 2020 in my system “PFSignal com” (Forex) profit + 4.9%

https://collective2.com/details/116744132

Michael

[MAP]

Hello,

New maximum for my system “PFSignal com” (Forex) in 2020 profit + 5.2%

Michael

[TomWozniak]

What kind of New maximum are you talking about? You are more than $1500 below your equity high set in September 2019.

[v1Trader]

Conveniently omitted the obvious, yes. Technically, he seems to have mentioned that this is “2020 profit”, or the gain so far this month, ignoring the losses in 4 of the previous 6 months. He’s hoping to show up on the New Highs list for a 30-some-day badge tomorrow.

[MAP]

@TomWozniak

What kind of New maximum are you talking about? You are more than $1500 below your equity high set in September 2019.

Hello Tom,

Yes, you’re right. This is not a historical maximum on the yield curve. This is the maximum yield curve for 2020. I will make every effort to ensure that the yield curve updates its historical maximum and the profit in 2020 was greater than the profit in 2019.

Thanks for attention.

@MAP

What errors I made on my system in 2019:

1. In the moments I did non-systemic transactions, they all brought a loss, so the result for the year was not very good.
2. Invalid entry points, with the right trading idea.
3. The high frequency of transactions.

For 2020, I will try to do the following in the system “PFSignal com”:

1. To exclude all non-systemic transactions, no matter how good opportunities are. Only 100% performance of my system.
2. Optimized entry points.
3. Optimized risk management.
4. The result (profit) in 2020 to do, more than in 2019.

The system for trading currency futures CME Group will be available on another resource.

Here in 2020, only one of my forex systems “PFSignal com” will be presented.

https://collective2.com/details/116744132

Join now!

Thank you for your support and trust.

Michael

[MAP]

@v1Trader

Conveniently omitted the obvious, yes. Technically, he seems to have mentioned that this is “2020 profit”, or the gain so far this month, ignoring the losses in 4 of the previous 6 months. He’s hoping to show up on the New Highs list for a 30-some-day badge tomorrow.

Hello v1Trader,

Nobody ignores anything. Everything is obvious. Clear. Transparent Everyone can see my results. I am not writing to you that they are very good over the past six months, but there is nothing bad about them either. The new 2020 is a new opportunity. Everyone will decide whether to connect to my system or not to connect to it. But I’m more than sure that after updating the historical peak, there will be a subscription boom in my profit curve. This is obviously the psychology of the crowd. And therefore, I am writing about the fact that this year the profit on my system updated a maximum of + 5.2% and the course was taken to update the maximum historical (September 2019). All the details in my post number 153.

Thank you for your activity in my thread.

Michael

[v1Trader]

Thank you Michael, your reply is quite civil and I should not have been snarky. I have plenty of drawdowns in my own trading past (my record is clear on that as well), and I admire your admission and plan for improving. Good trading!

[BenFutures]

Should definitely be mandatory reading for investors here

[MAP]

Hello,

New maximum for my system “PFSignal com” (Forex) in 2020 profit + 5.6%

https://collective2.com/details/116744132

The historical maximum on the system’s profit curve (September 19, 2019) has not been updated. The goals and objectives for the near future are to update the historical maximum along the curve, the 2020 profit should be more than the 2019 profit.

Michael

[MAP]

Hello,

Important information!

My new systems on Collective2:

1) CME I FX Products (currency futures CME Group | 6B, 6E, 6A, 6J, 6S, 6C)

https://collective2.com/details/127116938

2) PFSignal com I C2Star (Forex | GBP/USD, EUR/USD, AUD/USD, USD/JPY, USD/CAD, USD/CHF)

https://collective2.com/details/127137425

Michael

[MAP]

Hello,

Subscription is free until April 1, 2020. For all.

CME I FX Products (currency futures CME Group | 6B, 6E, 6A, 6J, 6S, 6C)

https://collective2.com/details/127116938

The system is identical to my forex system PFSignal com (Forex | GBP/USD, EUR/USD, AUD/USD, USD/JPY, USD/CAD, USD/CHF) | https://collective2.com/details/116744132

Michael

[MAP]

Hello,

“PFSignal com I C2Star” (Forex | GBP/USD, EUR/USD, AUD/USD, USD/JPY, USD/CAD, USD/CHF)

https://collective2.com/details/127137425

Checked. Got experience. I will not open my system on C2Star anymore - this does not suit me at all. I liked the adequate risk management. I didn’t like it - linking the result to a change in the SP500 index and most importantly - you need a big bidding per month to meet the requirement of a bidding of the required volume, and this automatically increases the risks. Maybe I’m wrong, but I think that this area will not be popular here.

I continue to trade here with my Forex and Сurrency futures systems.

My systems on Collective2:

1. PFSignal com (Forex | GBP/USD, EUR/USD, AUD/USD, USD/JPY, USD/CAD, USD/CHF)

https://collective2.com/details/116744132

2. FX Products CME (currency futures CME Group | 6B, 6E, 6A, 6J, 6S, 6C)

https://collective2.com/details/127116938

Michael