The opinions expressed in these forums do not represent those of C2, and any discussion of profit/loss
is not indicative of future performance or success.
There is a substantial risk of loss in trading. You should therefore carefully consider
whether such trading is suitable for you in light of your financial condition. You should read,
understand, and consider the Risk Disclosure Statement that is provided by your broker
before you consider trading. Most people who trade lose money.
We are talking about this system, until the moment of a large drawdown on my system, there was a period of 3 months of breakeven after a long series of profitable months. According to the system, there were 55 paid subscribers and 400 free subscribers at the peak, but 3 months after a series of breakevens, 70% went away. And so it can be observed on all systems here.
My system is excellent - there were problems in other moments not related to my system, which led to a large drawdown in March 2020, almost no one suffered from this. I have already fixed everything, I continue to trade and will be here for a long time, no matter how you like it.
The 400 free subscribers part blew my mind. I was under the impression there are no more than 100 subscribers on C2. That would make sense giving the 55 paying subs you have. But around 400?
Are you double counting subscribers over your three strategies?
Anyone with insider info want to chime in on how many paying subs the most followed strategy have?
And what follows from this? Why is the list not complete? The list is not results. I will change the name of all systems every week and after 3 years you will have 52 * 3 = 159 entries in the list. What does this mean? Nothing. Your logic - you just take a book and choose the words that you need and make a sentence. But the meaning of this book is different and your meaning is wrong.
But still, thanks for the trip and your research work.
I had a maximum of 65 paid subscribers and more than 500 free subscribers for my two active strategies. The amount under management at its peak was here $ 4 million. It was the end of 2018.
October, November, December 2018 the result of a breakeven because of this 70% of paid subscribers came out of their strategy.
There are a lot of paid clients here, but you need to show a large percentage in order to keep them, and these are big risks that will lead to collapse a matter of time. If you show reasonable results with small drawdowns, there will be a maximum of 5-7 clients. As of March 2020, there are already 5 clients left on the system, a profit of 20% per year is very small for many here.
You didnât just change the names, you also reset the strategies and made some of them private.
You had a system called âMax dd 10â. In the description you mentioned having strict risk management and that the system will have max drawdown of 10%. The system is not even 3 months old and already has max DD of 29.3% including a DD of 15.89% on the first trade! So now the same system is renamed as âPFSignal com I FX DD10â and the description has been edited.
Why have you made just a fantastic system private? In the image, why have you only shown the results until Feb 2020? This is the same system that made around a 70% plus drawdown including over 60% DD on just one trade that lost over 2 years of returns on that one trade!
Donât write nonsense. Which investors? By March 2020, there were already no investors. Therefore, I am posting the actual schedule at which there were clients.
I am very grateful for each subscriber and hope you are doing well. As I have said before, days like Friday will happen. I am not a fortuneteller, and neither are my algorithms. They are designed to benefit from small advantages over long periods of time. I believe that patience and consistency with a bit of leverage and timing will produce great results! So, I hope you remain a subscriber for a long time.
For current subscribers I have locked your price of $125 in for the next 12 billing periods, because I will be raising the price for new subscribers to $250. If you are getting this message and want to join you can use this code to join now and get the locked in price for the next 12 billing periods. This coupon code (UGFV63725) will expire on 12/29/2021. Current subscribers donât need to do anything to get the new locked in price.
More Details
In my ideal world, I could instruct C2 to charge each subscriber 3% of assets that are following my strategy â allowing accounts big and small to pay a reasonable percentage. Afterall, I know firms charging 3% per year for very similar strategies. Unfortunately, charging by assets under management simply isnât possible as C2 has informed many trade leaders many times due to various regulations etc. Therefore, I am left with inferior options and currently earn about 0.4% of AutoTrade assets.
Though Patience is a Virtue is up approximately 386% since inception the fee has remained near the $125 mark. If you unsubscribe and return you will be charged the new price. This price change will apply to Patience is a Virtue 2 also. By my calculations, even if every subscriber was paying $250 to subscribe and $50 for AutoTrading the equivalent fee for assets under AutoTrade would be only about 1.62% per year.
I know that for some smaller accounts the cost is already too high. I am very sorry, but without the option to charge by AUM there is not much I can do for you at this point. If you would like to, feel free to submit your contact information to my email below and I will reach out if anything changes. Hopefully, if you have been subscribed for some time you can see the value of the strategy and hopefully have an account that validates the cost.
I probably donât need to say this since my subscribers are fantastic people, but sharing or reselling my signals is not allowed. I have evidence of some people attempting this and have banned them.
@NextLevelTrader thank you. That one is authorized to sell those signals. That strategy is ultimately me making trading decisions for an authorized C2 reseller.
@Swing_Trader I do have confirmation that one or more people tried to share strategy signals. I can remove subscribers, but it is pretty easy for people to make multiple accounts that have no way for me to associate with each other. I canât imagine there is any way for C2 to truly prevent it. Once someone gets emailed signals it is pretty hard to know what they do with it.