Another system, US Bonds, has been justifiable slapped with a “Community Risk Warning”. The system took advantage of the C2 loophole regarding manipulating limit orders before there are any subscribers.
On another note, for the system WaveRunner the warning should be dropped in my opinion. Ever since it got its first subscriber on June 27, the system traded very well and responsibly. In order to eliminate the “Hidden Tail Risk” one simply should not take the short option orders, which is the default option anyway for auto traders. In fact, it has been one of my best performers with the exception of ES Daily Cache.