Strategy of the Week

C2
1

What are your thoughts on strategy of the week Better do now by MichaelRenton?

Some Highlights

  • High Leverage Peaks (~18)
  • Young (~5 months)
  • No description
  • Very high return/drawdown ratio (~13)
  • C2 Star
  • Not trades-own-system (TOS)

2

He’s doing great good for him, making money for himself too.

3

Looks like he makes the majority of his money on short, levered trades that have mostly worked out for him.

I did notice he had no autotraders on each of those trades though. :face_with_monocle:

Now he has a ton of subscribers, so going forward I would expect the same with autotraders.

Still, he at least seems to have reasonable risk management on all other trades. Will be curious to see if/when one of his levered ones moves hard against him.

The no description is weird. No TOS even weirder if you can perform like this. Fun one to watch.

4 Likes
4

He’s had some pretty big drawdowns in the past:

That might explain why no TOS.

Gary

4 Likes
5

There aren’t many strategies that are alive here at C2 with leverage >15 for long. These systems may perform well for a few months, but eventually almost all systems with such high leverage will crash. I wouldn’t follow these systems for too long.

2 Likes
6

Seems like wise advice to me.

7

Gary,
Great work. Absolutely un-investable. Current investors better buckle up. No doubt they’re in for the exact same drawdown soon.
And yes, this is why no TOS. :+1:

8

Thought it might be interesting to start compiling a screenshot, ongoing performance charts, and link the the users strategies for the strategy of the week emails.

image
image1022×529 109 KB


https://collective2.com/public-activity/137280768

1 Like
9

@InteractiveAssets I like the idea. I created a thread on this topic a few months ago, but it didn’t go anywhere:

I’ve got the same issue with this most recent TSOW selection – high leverage and prior blowups by the same vendor:







There are probably more, but I got tired of looking them up. This vendor does have one other system that has gone almost a year without blowing up:

I still would not touch it.

Gary

2 Likes
10

March 3rd 2023 Email Selection

Strategy: Truthis
Creator: Aziz
Screenshot: https://patiencetoinvest.files.wordpress.com/2023/03/image-2.png
Live Chart:

IMHO: Great job so far getting a high return while maintaining a low drawdown. I do believe this level of leverage use will make it very difficult to remain in the C2 Star program and avoid large sudden drawdowns.

2 Likes
11

very valuable information. the images are priceless.

1 Like