I am just wondering if this site shows promise. Simple as that.
We are paying money to list our system and its wise to do some due diligence on just who the owner of this site is, what connections they have to other system providers…how much money they are making…and what we get in return…
Thats all I am wondring about. I put a question market on Scam? as …its just that…still questionable.
I hope others have the wisdom to investigate before they pluck their money down.
Peter I am impressed, but would still want to follow it a little longer than 5 weeks.
I do not expect your system to crash but when someone is so sure of something when it comes to trading, to me that is scary.
This site has promise and your system appears to have promise also. Give it a little time, there are certainly plenty of people interested.
"So…My system cant crash …its impossible. "
Ok, I don’t have a 900+ rating, but I think I know enough of trading to know to not walk away, but to run away from anyone making a statement like that.
What you are saying is that based on backtesting over three years, you have found the holy grail - A fail proof system.
I wish you the best of luck and hope the 50K you started with is money you can afford to lose.
Regards
- Fanus
Chris,
To be more precise it’s $40960000. “Daaad, may I keep the change?” lol
Eu
Peter,
>I am just wondering if this site shows promise. Simple as that.
Yes. I’m lurking on the site from 2002. C2 is unique idea to not selling BS.
Few major things:
( I don’t trust to any unselfishness reasons)
1. Reputation. At the moment C2 has a reputation of not falsification of trades. It’s cost a lot.
2. If C2 will fake history of trades in favor of any system vendors it’ll ruin the site very soon.
3. Any falsification of past history of any system might crosses with legal issues.
4. In the case of C2 is better to be fair and honest as with system vendors as well as with subscribers.
Simply, eahh.
I like what Matthew said “I can only provide a set of useful tools that might allow reasonable people to make reasonable decisions about trading systems.” and I can only simplify it to “Stupid is, stupid does” ©
Eu
For the one complaining about C2. I’m only 3 weeks on this site and got some subscribers. Also ones that alreay paid.
What you should do is prove in every way possible that you are 100% honest and reliable. Ofcourse people can’t know for sure, cause it’s just internet. But what I do is make sure every trade is a market order (customers like that). Show them a backtest of your system on more years of data (they can’t judge a system on 3 lucky weeks). If you have a really good system I’m sure it would sell.
My only complaining about C2 is that I don’t understand some things. When I look at the so called ‘best trading systems’ I see some systems with HUGE drawdowns. Don’t want to offend other system creators but I also see on best fastest system a system that isn’t even making money. I and some other creators have much nices systems but aren’t listed in the ‘best systems’. Maby the definitions of ‘best trading systems’ should be changed.
another complaining is that once in a while a market order trade says ‘pending’, but what I understand is that Mathew is working on that. I have 100% trust that Mathew does all he can to make this site a succes. Hope you take a look at some of my complaints and some of the other people.
Keep on the good work Matthew
This is getting funnier and funnier, just for the entertainment purpose C2 has great value!!! 
>PAB:
>I trade a real account with started value of $50k its now $108k in 5 weeks.
I believe you and I congratulate you! And still you are selling subscriptions $99 a month. But you are making 2K a day!!! Have you ever heard of explonential growth???
>It would be nice to have some monthly income though as I have none…compeche?
So what is that 58K profit if not an income? Oh I get it, that is just pocketmoney, and you want to make an income from those let’s say dozen or so subscribers??? I can’t believe I am having this discussion… (shaking head in disbelief)
Ilan,
>When I look at the so called ‘best trading systems’ I see some systems with HUGE draw downs.
It’s marketing and it’s understandable. Moreover, there are warnings on every corner of the site ;). For any person who randomly click on C2 site 100-200K in 2-5 days is more eye catching than boring number of stats. Nothing wrong with it from my point of view. Serious subscriber will dig in to any possible info about a system. Somebody who wants to pay a debt in few days… Hmm… Mainly it’s only marketing and there is no difference from other “free” opportunities.
Eu
overconfident, a dangerous emotion for a trader. I tested my system on more then 10 yers of data, but you will NEVER have a certainty that a huge drawdown will never come. NEVER.
Sure…I agree. There is no Holy Grail. Noone can be 100% right or even 90%. But its not impossible to be 80% right.
If you have a system that is 80% right but prone to a 20% chance of a 13% drawdown and when you do not compound.
Where is the risk? Even a 9-11 event is somewhat predictable.
lets just move on. okay. Everyone always bashes me everywhere.
But I consistantly do well. ???
Emotions are totally out of trading…btw.
Peter
Not surprisingly, in the end your system which can’t crash, DID. Guess you confused backtesting over three years with optimizing over three years. Now after your system crashed, you abandoned your Q-TIPS system and started a new one call QTIPS last week. This one also will not crash, right? Over how many years is this one optimized?
And you call C2 a scam because you do not get subscribers? What do you call what you are doing?
Chris
I join !
I put 10 K, then if 20 millions in one year, I give 80 % of the profits…to charities !
I am not joking !
But I want to see first the vendor’s account showing he doubled every month for…lets say…6 months only !
Did he not say He doubles every month ?
Charles
Matthew,
How do you trade from the same account allocated to multiple strategies? I tried it with TB, and found that the autotrading software gets confused rather quickly if I use the same instrments (say ES). Do you trade different strategies that only use different instruments?
regards,
- Ilya
There should be no problem trading multiple strategies that use the same instrument. I’ve personally used TradeBullet to do this. But you need to make sure you elect to use a setting called “Allow multiple systems on one instrument” – which is found in the TradeBullet Options dialog (under the Orders tab).
I’m not entirely sure how the other C2-compatible software handle this situation. I’ll let those vendors speak up here if they so desire.
MK
MK, that really shouldn’t be allowed or more to the point potential subscribers should be alerted to the fact that a vendor has disavowed past failures by no longer supporting them.
Currently the process for finding such past unsupported systems is at best, unweildly (I wasn’t aware of it until someone pointed out how to do it, I suspect the majority of C2 subscribers don’t know how)
I would recommend that vendors have their unsupported systems listed after their name everywhere on C2 just like their supported systems - you could use whatever technique you want to distinguish the two types (unsupported systems could be a different color, light grey for instance)
The point is that a vendor shouldn’t be able to hide from their past failures so easily. There may be valid reasons why a losing system was abandoned and a new one started (perhaps a complete change in strategy) however that can be described in the old and new system descriptions.
I agree 10’000’000 % !
Too many people talk, write, but do and trade in the opposite direction of what they said and wrote on their systemSSSSS Description or in the Forums.
They better spend more time in their computers to fix the bugs !
LAUGH LAUGH LAUGH !
Charles Curty
