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Hello, I am curious about this system - seems be doing really good for last few months. But there is no system description, there are no reviews so I can’t really figure much about this system ( except looking at the trades ). I sent two emails to system developer but s/he has not responded to any of those.
So i am hoping that some of you who are subscribed to it could share some details and let us know how has your experience been.
PS - I know that if the system developer does not bother to respond, probably one should stay away from that system ( like event hunter ) but some times performance is all that you really need
Of course I don´t trade that system but I have to react on your last comment “sometimes performance is all you really need”. No it´s not. We had a long period of low overall volatility and low volatility of volatility. In this environment a highly leveraged strategy like this is performing enormously well. But guess what happens if things change - and things change periodically. Also almost 1/2 of the whole system profit came from the first 2 trades. It´s not TOS so think about what that could mean. The first trade had a risk of 46.000USD with a starting balance of 50.000USD. Is that good risk management?
Yes there could be some extremely advanced alien technology algo behind it that will manage to get it going until the system owns the whole world´s money in like 5 years when compounded. But if so, why is it not TOS? At this point there was no bad situation so the system could have proofed itself to get through a difficult phase.
I hope my comment was helpfull so you can seize the risk and manage your investment size accordingly.
Hi Hamza, may I know what questions did you ask to the developer? He always answer my questions promptly but typically not during open markets. Just keep in mind, just trade or scale what you can afford it especially this is volatility vehicle instruments. In my experience, he always trade with high probability and if the market against his trade, he knows how to cut loss positions effectively. You can also ask him directly what kind of model he use for his strategy. This is not recommendation but in conservative ways, allocate 10% from your total portfolio to this kinds of vehicle. I use 40% scale since Feb and I am quite happy and confident, at the same time, I combine with other models. Again, I don’t promote his strategy, just share my experience.
I subscribe to his other strategy Ultron VIX Swing. He has responded to all my emails. He also sends out some emails explaining the position. I have had good results with a 15% position. On another note I agree on Event Hunter he does not reply to my emails. I have made really good money with him but it is scary knowing he does not respond to emails.