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To make it straight and make you understand. I do not have anything against Robert Peterson or any person on this forum. I do not have anything against VixTrader. Opposite, I do recommend it in my grid as one of the best strategies on C2 site - C2 best strategies (in my opinion). Your post simply shows an inability to read facts.
What I’m against is unprofessionalism. You did:
Promised on the forum one of your strategies convert to TOS and never explained why it not happened
Playing "‘crystal ball’ guru and try to advise others what to do with their money.
I will stop here because is enough. All the above is acceptable if you have your own money involved in your strategies. You do not. And it is not my fault, that this unprofessionalism doing Robert Peterson. If it is any other person, I do react in the same way.
"Playing “‘crystal ball’ guru and try to advise others what to do with their money.”
I told my wife that C2 says that I am a guru now!!!
She did not believe and I let her read it by herself …
She laughed at me so loudly that the neighbors came to see what had happened to her
At least you lifted our spirits today.
Thank you!
Every ‘crystal ball’ unaccomplished guru will hedge its ringing bells alarm with market opposite direction. Guru needs to protect itself in the case if he is wrong. It is, unfortunately, all gurus ‘normal’ behavior and I don’t put too much attention to it.
More interesting is timing, how wrong is a guru. In the case of Robert, advertising the VIXTrader Daytrading in the equity peak, after just one month of existence (the day trading answer for the market downturn) or ringing all bells and telling everyone that cash is an answer this time (good that Robert did acknowledge between lines that day trading it is not easy as his backtesting). Well, Robert, instead of going to cash you should ring bells to buy everything you can. History shows 1.5% downside and 10% upside after your forum post. Even better, instead pep talk, you should demonstrate your conviction in the performance of your systems and stop here.
Here we go again…
My system generated an important Short signal for S&P500…
A strict risk management could be a great idea until we see a different risk environment…
Mr. Marek, please do not read this and do not response… It is not for you…
My answer (as long the post is public, it always can be an answer):
Robert, please do not publish your short signals. Potentially you doing more damage than helping. I’m not sure if you realize, your track record in VixTrader Professional on the short side is poor, your strategy did not catch any major market move to the downside. The different story is the long side in a low volatility environment, your strategies perform well. Maybe you should narrow your publishing needs just to major long signals. And if you are wrong, have the strength to admit it and post reversal signal to make your call neutral (saying that it just for subscribers is wrong; in that case, keep yoru short signals also just for subscribers).
Btw, thank you for respect and exclude me form your signals (“do not read”). I’m learning that “major” short signals of your strategies are 6% below market pivots (unfortunately I cannot say anything about major long signals). And I do appreciate that you keep fun going on.
Marek, you made a lot of money when you subscribed to my strategies, right?
Sorry you’re so angry you didn’t keep making money with me …
Reminds you that you asked me for a big discount and when you didn’t get it, you started writing like this in the forum, Basically, your understanding in strategies and in risk control should be improved…Unfortunately you don’t know how to analyze trading strategies properly.
I suggest you to drink lots of cold water and relax …
Robert, you sound like a broken record. I did already said that is nothing personal. I don’t even remember which of your systems I did trade. Probably I did lose 3-4k. Maybe this amount is a world for you. For me is part of daily gain. Please stop until you will come with something else.
Today different thing bothers me, your trader ethics. You did publish “important short signal” on Friday, August 23, after market close. Suprise, it did not work again, perfect market reversal point to go long. But it is something worst. Below prints from VixTrader and VixTrader Professional:
You never did take VXX position according to your “important short signal” after issue it. On Monday, August 26, you did take the opposite position to your “important short signal”. In a financial world, where a bank or brokerage analyst is involved, this behavior is prosecuted. In your case, I will call it being dishonest and unethical.
Sorry Robert, you need to help yourself. If you have any comments about the details above, be free to respond.
Collective2 should not allow issue signals on the forum to anyone. Most people here are unprofessional. I never saw someone to cancel signal or reverse signal if signal doesn’t work. They just play hero for marketing purposes when signal is correct 1 of 10 times.
Robert, post whatever you want, I will not comment it anymore. I woke up today and I did realize, I don’t care. I’m already outsider, I’m not using C2 and probably never will. Keep good work in both VixTrader and VixTrader Professional.
You must understand the difference between risk management and signaling. There is no connection between them but for some reason you insist on repeatedly confusing these two things.
Warning signals rarely appear and these are the signals I write about here.
My trading systems take them into account as a significant part of the risk management, regardless of the signals.
So everything you’ve written here unfortunately can mislead the readers and I’m glad you gave me the opportunity to emphasize risk management which is a very important part of the trading…
By the way, you made a lot of money with me and I don’t want to post the correspondence between us.
Well, I will answer, because I feel, between lines, you do imply that I don’t understand the difference between signaling and risk management. When you did issue short signal, in both strategies your position was flat (Friday close). It was no risk to manage. On Monday both strategies open position in the opposite direction of the signal.
Simply short signal should be canceled on Monday before taking a position in opposite direction.
Trade leaders, this is the KING of leaders.
Not sure if you are allowed to call yourself professional but it’s worked for him.
He charges $199 and has about 60 subs.
He’s shorting ETFs
Took a dip in 2018 and is still below 2018 highs.
Modest returns with highish Drawdown.
You can say longevity but there are several systems with similar results.
Has kind of a Jonestown feel with all these ardent followers.
Got to hand it to him collecting 1000s with these results, kudos.
How did you know he has 60 subs? By what I am looking at it seems like he has only 3 autotraders though I don’t know how to see how many subs he has that don’t autotrade.
Correction: I believe he has 7 autotraders if you combine Professional and Regular.
Gotcha. C2 now shows the number of autotraders for a strategy in the details section. They also show how much capital is autotrading. I haven’t seen anything showing how many manual subscribers there are though.