There is a feature here called Success stories featuring vendors. Out of curiosity, I guess we would like to hear the other side too. So if you are a happy subscriber of any system, why not let us know? A short post like this would do it:
" I have been a subscriber to the system X for Z weeks and I have made Y % real money (including all fees) while using the trading signals. I traded manually/automatically the signals."
I assume this would be a good advertisement for the mentioned system, and would be subscribers could see just what exactly they can expect in real trading. At least we could compare system and subscriber performances. This would be the true test of C2…
So if you are a statisfied costumer, don’t hesitate to tell us.
I was surprised not to find this sort of thing already present, and maybe it is here but hard to find without digging back into the history in these larger main sections. I’m keeping Excel sheets for the systems I am subscribed to and plan to periodically post my real numbers compared to the C2 numbers, along with the constraints I have personally (Scottrade for stocks/options, Xpresstrade for futures, and about a 10s delay between receving an ITM signal and getting a trade entered). If Autotrading in an IB account shows vastly superior results (assuming someone doing this will also participate in posting their real world numbers) it would make sense to give that a try. Missing fills on limit orders seems to be the #1 problem I have at the moment.
Hmm…I really like this idea Randy and Peter. I think I’ll start doing the same. I have a personal Excel spreadsheet of my backtrades also, but I haven’t organized it very well. Will do this in the future. I really want other subscribers to know where they can expect superior REAL WORLD results, so they don’t pay for simulation games like I did. 
OK, I’ll start with some real-world numbers for two systems I am trading: Extreme-os and Bris. Both are being traded in a Scottrade account with about 10s delay on new entry orders between the ITM signal and getting the trade entered into Scottrade, and about 5s delay for closing trades (since I can do this from the Scottrader quote screen without having to enter the symbol or a password).
First, Extreme-os. I started on 8/15 and attempted every trade. The system had an awful week as shown on C2 and in my account. C2 shows a net loss of $4997(symbols CTCO, BEBE, CTRH, BJS, HYDL, BKS) and I realized a net loss of $7188 (not counting commisions) trading the same quantities as C2. The differences were due to missed fills on limit orders, some by C2 and some by me. For example, I was filled on a signal for NFI but C2 showed it canceled, and I made a small profit ($264). However, I missed the fill on PUMP which C2 got and shows an $810 profit. On HYDL we both got filled at the entry limit price, but a fortuitous event caused C2 to show a $150 profit while I realized an $850 loss. The system sent an ITM STC on Thursday at a limit price of 61.50, which I entered and was promptly filled. C2 expired on that order and the market popped at the open on Friday, where the system entered a new STC at 62.50 which C2 hit for $150 profit. So PUMP and HYDL account for most of the differences, both missed limit orders by either C2 or me…
For Bris, it is a better story. I started this one on 8/2 and attempted every trade, but not always at the quantities listed (I don’t yet have the cojones to trade 400 options at $176K unmargined). But adjusting my numbers for the C2 quantities, C2 shows a profit of $27.500 while my account would have shown a profit of $30,500 trading the same quantities. I missed the QQQTN exit and lost $1500 bailing out at the market later, but got better fills on some of the other trades. So I pretty much had results very similar to C2 for this system, and very good. Up 6.1% in 2.5 weeks counting commissions.
Anybody out there have results using Autotrader for either of these systems?
(P.S. I didn’t make the Bris trade STO for QQQTO which is why I list $27,500 profit for C2 instead of $28,000).
PPS. Sorry for all the posts but maybe a better way to compare real world vs. C2 would be to simply sum all the P/L numbers C2 shows for the full date range, and compare to the real trading account for the same range assuming all trades are attempted, independent of the combination of trades actually made. In my example above this would make the Extreme-os loss for the week of 8/15-8/19 equal to $6914, compared to my real world account loss of $7188. Essentially the same result but with a different mix of trades. Any suggestions on how to make these comparisons useful when the trade mix differs due to limit orders being missed?
how much money did you start trading with the bris system? Is it possible to “buy” less due to momney limitations , but still realize a profit, albit a smaller one.
Thanks
Laszlo
Except for the one 400 quantity order, I trade exactly one half of the recommended quantities the Bris system suggests. I also see that I screwed up a comment above about how much this order would have been (more like $51K, not $176K). Options at Scottrade are $7 plus $1.25 per contract. So the round turn commission on 400 options would be $1014 (!). Much higher commissions than on stock trades, but if “Call Me the Bris” can keep the hits coming the commissions won’t matter and your broker will love you.
