Why do some successful systems stop trading?

I notice that ‘forex fighter’ is no longer available, but was doing very well. Do the people who run the systems just stop offering them from one minute to the next? (the developers have made enough money so it’s time to sail away and retire :slight_smile: ) I’m just concerned that I might be subscribing to some good systems and wake up one morning to find that they have been shut down. Then I have to pick the next best choices provided they measure up. Has this happened to anyone?

Almost. I was considering to subscribe to one of Dustin Dubia’s systems just before he announced he’d left for a hedge fund job.



I actually think your concern is not justified. If you wake up some morning to hear that your vendor loaded up on subscriber fees and profits and happily retired, you probably made profits as well after doing a good job picking the right system. It justifies your skills. On to the next system!



Much worse is waking up only to notice your vendor’s system collapsed (but he promises he will serve his subscribers indefinitely and do everything possible to get back in the green).

My question was more out of interest as to the reasons why some of these providers leave (perhaps nobody knows).



I should point out though that worrying about a system provider packing up and leaving should not be a big concern if you have been wise and hedged in multiple systems.

best bet is probably to ask your question to these vendors directly by using the private message function

forexfighter was violatng terms of service - basically shunting people over to another site

You mean, like what you tried to do with your Futures-sytems.com system? Just look at the name change history of your system. Seems like you don’t see anything wrong about this practice as long as you are the one doing it.

you mean, a futures-systems.com that on either end has never accepted any subscribers?



Besides, C2 allows websites to operate in parallel, as long as they offer similar terms here (C2) and there (website). Look at TMG and many others. Read the C2 policies.



forexfighter prevented C2 people from subscribing here (and this, its $0 monthly cost as listed).



ie, do a little homework before speaking.

Yes, the one you quickly closed for subscriptions, changed its name (again), proclaimed it a test system and stopped referring people to your website when your system went south almost immediately after a lucky start.



You seem to forget that there are people on here who have been here before you and know your history and that you are all talk and no substance, no matter how hard you try to pretend otherwise.

Amen!



A fool thinks that he is a wise man, even though he knows that he can’t make any money; a wise man knows that he is only a fool until he knows how to make money.

Nice quote. :slight_smile:

There could be several reasons I can think of:



One is that they are unhappy with the treatment they got from C2 community (including MK);



Another would be that they feel that they are too constrained by C2 due to its lack of essential features (flexible charting, options on futures and forex, key statistics etc.,) or due to misleading statistics costing them clients in managed accounts and so may decide to focus instead on managed accounts exclusively;



They may also feel that they are taken advantage of due to stealing of signals by subscribers who may re-sell them or offer it for free to friends and family indiscriminately thereby affecting their own real-money trading and managed-accounts trading.

I think in general vendors don’t have to be worried too much about subscribers affecting their own real money trading, as the vendor typically has an opportunity to step in a position before his subscribers. As the number of subscribers grows, more likely they are the ones getting the worse fills, not the vendor.

"quickly closed to subscribers?"



Subs was always set to zero, so you are snorting something.



"proclaimed it a test system "



never proclaimed it a test system. It was always treated as a possible place that might be interesting. It has mostly been a place to test a few trading ideas.



"stopped referring people to your website when your system went south almost immediately after a lucky start"



neither site ever accepted subscribers. You will never find anyone who had either a free or paid subscription, ever. Ask MK or anyone here, if you disagree.



"You seem to forget that there are people on here… "



You are apparently not one of them, since you are now 0 for 3. So I don’t give a whoopee about your snooping around with your Inspector Clouseau act. Maybe you should return your detective kit to the costume store.



Name changes were playing around with designs and possibilities for the day there might be a service. Same as on the website. The C2 track record is mostly one of playing around with trading ideas.



It is my $90 C2 fee, so until you start financing it for me, I am uninterested in your opinion. There are few places out there then give you futures demo accounts for more than a couple of weeks, and I find this useful for potential ideas.



You may bother to shoot some more blanks, but I find nothing to discuss with someone who can’t even do a little homework.



Goodbye.

2Brian Milloy

There could be several reasons I can think of

Sure.

One is that they are unhappy with the treatment they got from C2 community (including MK);

I’ve never crossed wit situation when C2’s support disregarded reasonable complain from my side. Never. C2’s commuty is different story, but there were a lot of hmm… market wizards, so some cynicism is allowed :wink:

Another would be that they feel that they are too constrained by C2 due to its lack of essential features

Total BS. You don’t start to trade until you understand your broker interface. Ahh… Sorry. You have a good excuse… Well… It’s very “good excuse” lol

They may also feel that they are taken advantage of due to stealing of signals by subscribers who may re-sell

Well… BS as well. Any system vendor can control TC that is in the market game :wink:



So let’s say that majority of system vendors cannot realistically compete on C2 and they dropped their systems. out.



Eu