Hey Matthew,
Everyone I’ve talked to, including system developers, agrees it’s really annoying. If it’s closed, it often means it’s pretty good and we’d like to follow along in case a slot opens up. Isn’t there a way for the developer to leave the system visible if he/she wants to (or hide it if he/she wants to?)
Seems more like a marketing gimmick from the system developer, Dennis, to create some sense of urgency.
Igor, let’s not get off topic. Matthew will just ignore my original question otherwise.
That said, I consider it responsible behavior for a developer to close a system to new subscribers when slippage becomes an issue, as it does with many successful systems – they can handle small size but can’t handle big size.
What do you mean I am off topic?!? You asked a question and I gave you my opinion on this subject, that’s all. I could be dead wrong of course but that’s beyond the point,
That said, if a system developer had a very robust trading system, why would he even bother trading thinly traded markets (like platinum or penny stocks) instead of trading highly liquid markets like the e-mini S&P 500 futures, Nasdaq100, Dax, CAC40, EuroStoxx, T-Bond, oil, gold, corn and the all mighty Forex, just to name a few?
If it is true that at some point subscribers will create slippage due to their combined buying power then why choose to trade these illiquid markets and restrict the number of subscribers as a result? After all, the whole idea as a C2 vendor is to gather as many subscribers as possible by putting more money in their pocket at the end of the month or the year.
So why would a vendor choose to send trading signals on thinly traded markets (knowing perfectly well that it would create slippage and restrict the number of subscribers) instead of trading highly liquid markets with almost zero slippage and having dozens and dozens of subscribers?
See the problem here?
Igor, this thread is about the mechanics of how C2 works, not your system or your trading philosophy. The question was addressed to Matthew, not you. I doubt you’ll ever have the problem of too many subscribers so kindly butt out.
Real friendly group, you got here at C2. LOL.
Nothing like comraderie among traders.
Just curious, does Matthew insist members only use the forum to ask questions directed at him?
I won’t even dignify that rude and vulgar comment with an answer.
One thing is for sure however: I will immediately un-subscribe you if you attempt to subscribe to my system, now or in the future. There, one more closed C2 system for you.
Sorry William. I’ve only been here a short time myself. I’m just trying to get a simple question answered and it’s degenerating into another one of “those” threads (sigh).
Since it’s directed to Mr. Klein, why not email him? Then you don’t have to worry about other issues.
Yeah, I will if he doesn’t reply to the thread. I thought there might be some general interest in the subject when I originally posted. Probably not now…
I agree with OP. It would be nice to still see the chart and trades for closed systems. After all, these closed systems do show up in "The Grid" when filtering on various attributes. Just put an obvious banner when viewing a closed system indicating that the system is not currently accepting new subscribers.
I will say…
Different markets react differently…
Even the same market will react differently over time…
Back in the day (10 years ago) a couple minutes of momentum would imply a huge run coming in the Dow… From a system perspective, that worked great… until it didn’t. (I backtested this and can give stats…)
As systems are found, systems are taken advantage of… thus, systems will eventually fail over time…
(If I look at charts, and see certain patters (which become more obvious as more people trade them - thus the market moves more), I’m more likely to trade with them, until they disturb the market, than against them, as I can make a profit between the system and the generally going market value.)
Systems have a shelf-life. At least, computer run systems do.
Because it’s a question a lot of us would like to know the answer to and have been asking lately.
Some systems are closed to subscribers and you can still see them (e.g. Faith in Research), so why is it the case that some are and some aren’t? Because every time someone tries to ask a developer about it, the developer never seems to know how to make the system visible (e.g. RM Commodities), but it is obviously it is possible.
Christina