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.
Focus on ES, NQ, YM, 10yr Notes, and major liquid fx pairs.
System developer uses 30 min. charts for entries.
This is a short term strategy that employs strategy developers custom indicator for direction, and short term volume analysis for timing trades.
Are there stops? In some cases, but only levels and time/volume based trade management.
Do you add to losers? Yes, only at times when such markets permits (faster, larger moving markets, range bound markets when pushing past days range.) System developer has no qualms at killing losing trades.
Do you add to winners? Yes, we love adding to profitable trades and pressing strong trends.
Looking for long term as the results will testify to the custom indicator ive discovered. C.I. it works well on all time frames in all markets but I stick mainly to faster moving liquid markets.
I’d say Naive rather than Stupid. And I’m guessing we’re all a bit greedy.
I can totally understand a “newbie” coming to the site and seeing all these amazing returns, and sure - that’s the whole reason they’re here - to get better returns than balanced index fund will get them. Those of us that have been around for a while and see the games that are played can more easily weed these strategies out, but if I was in their shoes, not understanding the risks…I can understand the temptation.
I too hope they have learned, and I’m thankful for you who help point out some of these strategies, and I’m still hoping that C2 will help out as well.
