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.
In response to the C2’s recent price move, I am increasing the sub fee from $159 to $239. The extra money subscribers paid will transfer to C2, not me.
The price increase will be effective on 8/12/18. Any current subscribers and new subscribers joined before 8/12/18 will enjoy the locked price of $159 for 12 months. After 8/12/18, all new subscribers including who previously subscribed will pay $239.
WaveRunner is and will continue to be the best system on C2.
Lol…thats up to you @WaveRunner why ask others since each system is different. There are those like @Map that have decided not to increase right away.
If you think your system is worth the price increase then go ahead. But you have to realize the pros and cons of increasing your sub fees and it will also depend on how much of an increase.
Based on analysis of trading style, and additional community feedback, this strategy exhibits higher risk than is visible in its track record.
Among other things, this strategy exhibits:
Hidden Tail Risk. The strategy has hidden “tail risk.” This is the risk of unlikely, but catastrophic losses. Some strategies with tail risk can perform well for long periods of time, even years, but all gains achieved (and much more) can be lost quickly when the unlikely event occurs.
It seems that one can avoid the “hidden tail” risk by simply not shorting options which is the default setting anyway when one sets up auto trading. The system has performed well since it popped up on C2, of course, the initial trades before he had subscriber are bogus but many others took also advantage of the spread before there were any subscribers and this seems to be primarily a flaw of the C2 platform.
Guess the wave outran him this time. It’s a volatile month, worry about your algorithm not being overleveraged, or a bad november might just call you quits.
System always looked like a crash waiting to happen. Despite the 168 hour delay, all but one trade has been accounted for. It was 50% dd, now about 40%. Perhaps someone with more info can answer if it’s open or closed. Strongly suspect open-it will either recover some more or drop more and likely disappear when the system goes private. Be interesting to see how many contracts involved-if we ever get the chance to see.
You gotta love this part of the Strategy Description:
Most times use mental stops…Try to limit the max DD to 20% in case of black swan event. I rarely have time to answer questions.
So you’ve got mostly mental stops, he will “try” to limit the dd (or is it up to the subscriber?), and don’t expect any answers to questions! Talk about what has been a very successful bad cop marketing approach! And this is the same guy some time back who got bent out of shape when the forum wasn’t falling over themselves to answer his questions! Which should have gone to Support anyway.
His last Description statement: Please make your subscription decision solely based on the C2 trading records.
His futures trades since auto trading with customers on 6/27 is down about 25%. And C2’s Community Risk Warning did little good for a lot of subscribers. I credit C2 for doing it months ago. It’s worth showing again:
Community Risk Warning
Based on analysis of trading style, and additional community feedback, this strategy exhibits higher risk than is visible in its track record.
Among other things, this strategy exhibits:
Hidden Tail Risk. The strategy has hidden “tail risk.” This is the risk of unlikely, but catastrophic losses. Some strategies with tail risk can perform well for long periods of time, even years, but all gains achieved (and much more) can be lost quickly when the unlikely event occurs.
Go to Waverunner-Trade Record, click on Show Autotrade Data. Note the small red boxes by trade entries, which indicate Autotrade, and can click on those for more info. The earliest date that shows these boxes for both open and close with actual quantities indicates first date for Autotrade, in this case 6/27.