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.

SPODD500 Fee Structure Notice

SPODD500 reveals new subscription pricing formula:

On September 15th SPODD500 will raise the subscription price to $42.00 per month. Subscribers who join before Sept 15th will be locked in at $39.00.

Future price changes to the subscription price will be adjusted based on the performance of SPODD500 from the previous month. After each trading month’s performance is tabulated SPODD500 will adjust the subscription price according to the performance of the system from the previous month, rounded to the nearest dollar.

For example, if SPODD500 makes 2% for a month – then the following month the subscription price will be raised by 2% - but only for new subscribers. Old subscribers will remain at the month’s price they joined. But, If SPODD500 loses 2% for the month then, the following month the subscription price will be lowered by 2%. If the new subscription price is lower than your existing fee – current subscribers will be billed at the lower rate. But, if the subscription price becomes more than you currently pay, then you will be grandfathered (capped at $39.00 in this example) in at your original rate for one year.

If a subscriber joins and the performance causes rates to drop below your current price point then subscribers will receive the new lower price the following month.

This plan will ensure that your price will remain low and can only go down if we do not perform. But, if you get in early you can lock in a low subscription price for the remainder of the year.

Join today in order to lock in the $39.00 rate. After 9/15/19 the subscription rate will be $42.00.
$39.0 X 1.025 (July) = $39.975 rounded to $40.00. $39.975 X 1.05 (August) = 41.97375 rounded to $42.00

SPODD500 was created with the IRA/Cash account in mind.

  1. Trade without risky margin loans.
  2. Trade hold times are at least 24 hours, so a subscriber does need to qualify as a pattern day trader with most brokers (brokers require minimum balances of $25,000 in order to day trade).
  3. Receive your trade signals with plenty of time to place an order in your own account without the need for expensive Auto Trade Fees.
  4. Receive valuable market insight with every trade.
  5. SPODD500 trade signals can be translated to most no fee mutual funds, so accounts as small as $100.00 are able to trade SPODD500 at most discount brokers with no load/no fee mutual funds.
  6. The strategy is only invested 40% of the 252 trading days a year. That means you are in cash 60% of the time, which means you have a much lower likelihood of being caught during a surprise market event
  7. Very few trades placed for the result - which keeps your trading commission low. No worry about account churning your profits into dust with commission costs.

SPODD500 has increased the subscription price to $42.00 from $39 in keeping with the new Fee Structure pricing model. SPODD500 showed results of 2.5% in July and 5% in August
The new price for September is calculated as follows:
$39.0 X 1.025 (July) = $39.975 rounded to $40.00. $39.975 X 1.05 (August) = 41.97375 rounded to $42.00
All current subscribers will be grandfathered in at their current rate for 12 billing cycles.

SPODD500 will be increasing the subscription price from $42.00 to $44.00 on the first day of the month in keeping with the new SPODD500 Fee Structure pricing model. SPODD500 showed results of +4.2% in September.
The new subscription price beginning October 1 is calculated as follows:
$41.97375 times 1.042 = $43.7366 rounded to $44.00
All current subscribers will be grandfathered in at their current rate for 12 billing cycles.

that seem to be going through a lot of trouble for $1-2 :confused:

1 Like

Never underestimate the power of compounding. :grinning:

SPODD500 will be increasing the subscription price from $44.00 to $45.00 on the first day of November in keeping with the SPODD500 Fee Structure pricing model. SPODD500 showed results of +2.23% for the month of October.
The new subscription price beginning November 1 is calculated as follows:
43.83 X 1.022299 = 44.81 rounded to $45.00
All current subscribers will be grandfathered at their current rate for 12 billing cycles.

SPODD500 will be increasing the subscription price from $45.00 to $47.00 on the first day of December in keeping with the SPODD500 Fee Structure pricing model. SPODD500 showed results of +4.48% for the month of November.
The new subscription price beginning November 1 is calculated as follows:
44.81 X 1.04481 = 46.81 rounded to $47.00
All current subscribers will be grandfathered at their current rate for 12 billing cycles. New subscribers who join before 12/1/19 will be locked in at $45.00 a month.

SPODD500 will be increasing the subscription price from $47.00 to $50.00 on the first day of January in keeping with the SPODD500 fee structure pricing model. SPODD500 showed results of +5.88% for the month of December, 2019 including dividends.
The new subscription price beginning January 1 is calculated as follows:
46.94 X 1.0588 = 49.70 rounded to $50.00
All current subscribers will be grandfathered at their current rate for 12 billing cycles. New subscribers who join before 1/1/19 will be locked in at $47.00 a month.

SPODD500 will be leaving the current subscription price of $50.00 the same for the month of February in keeping with the SPODD500 fee structure pricing model. SPODD500 showed results of -.261% for the month of January, 2020 including dividends.
The new subscription price beginning February 1 is calculated as follows:
49.70 X -.00261 = -.13. 49.70-.13= $49.57 rounded to nearest whole dollar = $50.00
All current subscribers will be grandfathered at their current rate for 12 billing cycles. New subscribers who join before 2/1/19 and during 2/29/20 will be locked in at $50.00 a month.

5.65% max drawdown on a single trade exited January 28th. That loss was not a reason to exit the trade, you waited for it to come back to close out a smaller loss. Are you not using stoplosses? What happens if the trade goes 7-8-9-10% against you?

Just noticed you had a 8,53% trade drawdown too in October 2019.

There is a big difference between an 8% trade drawdown (which is more than 8% risk as this was an open trade) and bank savings. You are living on a different planet. What happens in the case of 5 consecutive losers? 40% loss. Read any trading books for beginners and they will all mention 1-2% risk per trade. Linda Raschke, Mark Dougles ring a bell? Of course you may be better than them.

Tom Wozniak,

Thanks for you genuine interest in SPODD500. Your first question “Are you not using stoplosses?” The short answer to that question is yes, SPODD500 uses stop losses. The opening trade you are referring to was entered on a Friday (Jan 24th) at or near market close. Rest assured that we do not enter stop losses over night. Stop Loss orders on leveraged ETF products overnight are useless because gap downs would cause a stop loss to trigger and then fill at the next available price. Which in this case would have been a disaster.
In most cases, tight stop loss orders on a leveraged ETF would be detrimental to the overall financial health of your account.
In the description of SPODD500 (which was written months before you asked the question) we state:
“Stops: We recognize the market doesn’t always behave in predictable patterns, so in the event the market drifts in the opposite direction of our trade, we monitor the position and if necessary we place a stop at 4.5% of the trade. We do not place stops as soon as we open a trade due to gaps which often backfill. Remember the market can gap down or up and a stop is no way to eliminate market gaps and can even cause you to sell as soon as the market opens at the worst possible price. When a trade gaps against us, we monitor the situation and place stops to prevent additional capital erosion. Sometimes the market may gap in the opposite direction of our trade and then recover throughout the day.”

Isn’t that exactly what happened? The opening price from Friday’s close was near the worst price of the day. If you had a stop of 1 or 2% - what price do you think you would have filled your stop loss order?
Your second question “What happens if the trade goes 7-8-9-10% against you?”
If that represents a gap down of 7-8-9-10% then SPODD500 would also be down 7-8-9-10%. But If it continues to go south after the open, then our stop loss would execute and prevent further erosion. If the market were to slide 7-8-9-10% after the market is open, then our stop loss would trigger at 4.5% as we state in our description and we would not continue to hold a trade that is sliding in the opposite direction.
On Jan 27th, all SPODD500 (before the open) subscribers were informed that we were aware that the market was going to gap down, and that we would be placing a stop loss order once the market opened – to prevent further erosion (which is exactly what we did).

If the market opened down 5.2% as it did on Monday and then continued to slide – then our stop loss would have executed.

To address your other concern that SPODD500 waited for a trade to come back is simply unfounded.
Our well documented stop loss did not execute (thank God) and our plan to hold the trade for exactly two days managed to overcome the large draw-down. Our paid subscribers were well informed that we planned to exit the trade at or near the close of the market on the following day (two days trade).
SPODD500 is formulaic and we don’t “hold and hope” for a comeback.
As for the October 8% plus drawdown you referenced, that was a C2 system issue or their quote vendor picked up a bad quote. We notified C2 of the issue and they corrected the overall stats on SPODD500 to reflect the actual much smaller drawdown. Check the quote record, at no time during that trade did the draw-down near 8%.

With SPODD500 you won’t get averaging down trades, or hold and hope it turns around trades. It either works out or it doesn’t. With a track record of over 65% accurate picks win/loss and our average winners tend to outperform our average losing trades as well, I think you would be hard pressed to find a better track record.

Take the challenge. Add SPODD500 to your simulated account and you will see that we hold our own against most of the strategies on C2. Or better yet, subscribe today and see our stop loss orders (when they are placed) in real time. Subscribers also receive information about the trades we place (when necessary) and we are always available to answer questions. I think the best proof in our strategy is that we only lost one subscriber didn’t lose any subscribers after that draw-down (and we don’t actually know why that person left). Read the description of SPODD500 and then check out our completely unsolicited reviews.

We are in a trade only 40% of every trading day. We are in a bear trade approximately 30% (historically) of that time and in a bull trade 70% (roughly). I can’t imagine a scenario where we are in 5 consecutive losing trades that average 5% or more in losses. In fact, with our formula, that simply couldn’t happen.

I would submit that our subscribers are some of the most loyal on C2. You should seriously check us out and find out why.

1 Like
Back to C2 Platform