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.
Important notes :
In real life it is possible for limit orders to get filled without price trading through it happens . It is not impossible but it is not guaranteed everytime .
If a developer at C2 got his limit orders filled that doesnt guarantee profitability , price my go against the developer causing a loss or a drawdown .
Yes I agree itās possible in real life, but this guy bought options at 5 cents and sold them at 10 cents an hour later, repeating the scheme several times.
If it was legit, heād keep doing it with auto traders but he shifted gears. Strong evidence he doesnāt believe its legit either.
Talking about buy at bid, sell at ask, here is another one:
Buy and sell within same minute for numerous times, and there are a few subscribers already.
35 trades in one day(on 3/17/2017), each with 5 cent profit in one minute.
This is post a buy limit order at the bid , wait , get filled , then post a sell limit order at the ask wait then get filled , no guarantees no stalled quotes .
He traded low cost options on a volume-less market where the bid and ask could be easily manipulated with 1 order on each side. He used 5 and 10 cent options to make the cost of manipulation as small as possible.
In fact I recall referencing his trades and seeing buys and sells of 1 at the bid/ask. Sell 1 at the bid to enter the trade on C2 (for 300 options), buy 1 at the ask to clear it. $5 to manipulate the trade (plus commissions). Repeat several times to create a beautiful equity curve and lure in many subscribers. What a great investment! Spend $100 to manipulate 10-15 trades and reap thousands in sub fees paper trading high risk catastrophe insurance (gains arenāt as great as the option rigging, but at least autotraders can follow it; too bad when they get annihilated once we get a decent vol spike).
Of course itās convenient that he used options which canāt now be checked (records gone), but itās pretty clear what is going on here. There is no risk, no chance of failure. He rigged it.
You guys look like sour grapes 
The system looks great to me. Maybe gossiping successful people is the typical trait of losers. 
You joined c2 an hour ago and 9 minutes later this is your first post? Youāre killing us, just post under your real account MCProTraderā¦
Random person registers moments ago and immediately posts in this thread defending the system instead of addressing any of my points. I wonderā¦
And of course the system looks good. It will be great for 95% of the time. It will then completely fail 5% of the time. Of course none of those risks are disclosed to naive investorsā¦
VerticalTraders, Elemental, I have to point out your names. you guys talk about fake information without shame. All talk is based on fancy imagination, no facts. Check my profile and tell people if I am here at C2 longer than you. You guys are not nice people. instead of bashing other people, work on your trading skills!
Iām not bashing anyone. Iām pointing out the spread rigging the system engaged in prior to opening up for autotrading. I wish I could point you to the option trading records to confirm these points, but they no longer exist.
Regardless, why do you think the developer changed from buying a lot of cheap worthless options to selling high IV options if not for the fact that the former activity doesnāt actually work in reality?
https://collective2.com/profile/69314312
please respect people and be nice!
when donāt you ask the system trader? instead of guessing here
Hi, PropTrader,you said:
āThis is post a buy limit order at the bid , wait , get filled , then post a sell limit order at the ask wait then get filled , no guarantees no stalled quotes .ā
I was looking at VIX futures and itās bid and ask stay same for hours, rarely change.
How can it suddenly move for 35 times a day, every move within one minute of the guy buying it, all 35 times in his favor direction?
Note he was trading VXH7, which is March contract,on 3/17, the last day of march contract. Futures contracts on such day have no people to trade it, and therefore have wide spread.So one can easily insert a bid or ask within the spread.
Hi SSWW It doesnt have to move to get filled in limit orders in C2 , if someone sold at the bid and you had a buy limit at the bid then you are filled , in another words it just has to print/touch , the contract was liquid and thick at the day 17/3 with alot of volume going through every minute , last trading day is 21/3 .
Hereās the reality. Iāve been the guinea pig for a lot of hot systems lately. The way I see if you can catch a system while itās hot even if itās a few months then itās all good. Jump in and out and on to the next system. Iāve been auto trading mcprotrader a few months and right now itās my second highest profiting system. I will stay with it until the trend changes. good luck everyone.
I donāt know the situation for VIX futures.
For induces futures, they have few transactions one week before expiration date.
At 17/3
VX H17 volume was 132000
VX J17 volume was 120000
Hi,PropTrader,
The situation you described can only happen in a real brokerage account.
It can not happen at C2.
I mean if he had autotrading set up, he can fill his orders because he then would have real order sent to exchange.
But without autotrading, how can he fill his buy orders at bid, and sell order at ask directly from C2?
Maybe i dont get what everyone is talking about. I know nothing about this strategy but after 1000 comments, hereās my 2 cents. Since autotraders joined its done well from what i can see. Also, the description does say āthis system is aggressive.ā I just read it.
Look, iām not here defending the developer nor am I recommending it. I personally would never trade short naked options. But there are plenty of other strategies that may be just as aggressive or more so. Look at VolatilityTrader. Kinda blew up. That developer also has a āsimpleā version of his more aggressive strategy called Simple Vix Trade. Look how āsimpleā its doing.
For those who havenāt read the disclaimers that are all over C2ā¦here you goā¦
Past results are not necessarily indicative of future results.
These results are based on simulated or hypothetical performance results that have certain inherent limitations. Unlike the results shown in an actual performance record, these results do not represent actual trading. Also, because these trades have not actually been executed, these results may have under-or over-compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated or hypothetical trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profits or losses similar to these being shown.
In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk in actual trading. For example, the ability to withstand losses or to adhere to a particular trading program in spite of trading losses are material points which can also adversely affect actual trading results. There are numerous other factors related to the markets in general or to the implementation of any specific trading program, which cannot be fully accounted for in the preparation of hypothetical performance results and all of which can adversely affect actual trading results.
You may be interested to learn more technical details about how Collective2 calculates the hypothetical results you see on this web site.
Substantial risk of loss. There is a substantial risk of loss in futures and forex 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.
Online trading is risky. The risk of loss in online trading of stocks, options, and foreign equities is substantial.
SSWW Thats C2 policy for limit orders , read the whole thread from the start , in real life there is priority so maybe you wont get filled , however in C2 a limit order is filled once the price is printed in the T&S .
