agree with you T42AND24T. I believe that no trade developer will trade the martingale strategy himself, and strategies with excessive risk.
In fact, both of my strategies (Fast Nickles and XIV Timer) switched from short volatility to long volatility at todayâs open.
This morningâs vol spike also triggered my system to close xiv and move to cash, no long vxx signal yet. Instead we started a small position to short small cap index.
We also trade our own system, just not through C2 TOS though. But I canât show you any proof now, maybe some screen shot in the future.
SPY up and Vix up, not a good sign for the market. Next few days will be key.
TOS means " putting your money where your mouth is â. TOS means trusting yourself and your system. Volatility Timer, what do you mean " low percentage of his/her total money, then the strategy can be very risky without affecting the owner much .â, I would say it would affect him/her lot more then someone who doesnât use any of their own money ie no TOS.
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I guess if you canât trust the strategy owner, and you rely on TOS to give you comfort, then you are absolutely right. My point was that TOS can fool you, and you need to be aware of that. Good luck trading.
Would you trust, a strategy owner or strategy ? I would have thought the reason for being on C2 was so that we could see the results, then see if the strategy was suitable or not, irrespective of strategy owner. I would say the TOS owners would be looking to make their money from the system first, and the subscribers second. Where as none TOS are only relying on subscribers.
Ironically a TOS system could mean absolutely nothing if the developer is using it as a small part of their portfolio intended for aggressive hedging of their main portfolio and using the sub revenue to pay the hedge off. For example, a strategy owner could be short the market with 80% of their portfolio and long the market with 20% of their portfolio â the TOS system is the latter â and then reap the sub revenue while his main portfolio is making money. Thatâs the absolute worst case scenario and can only be used once the developer has established a track record with the TOS system, though.
In more normal scenario, the TOS system could just be an ultra aggressive small part of their portfolio that makes decent return with high volatility but generates sub revenue to lessen the volatility (if one considers the sub revenue as part of the ROI on that part of their portfolio). Once the TOS system loses enough money on any given position, the main portfolio then goes into the position as well. In this case as well, the TOS system doesnât represent the developerâs best intentions.
What you said doesnât make any sense. TOS is preferred for any subscriber. Period!
All else equal, a TOS system is preferred, yes. But I raise relevant considerations for why such a system may not be fully trusted to represent the developerâs best intentions.
Ok, thread now closed.
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