C2 strategies comments

[bbpp]

Strategies making false performance have one common characteristic:
Their good performance would not last longer after they have subscribers.
So if you want to determine which one had false performance, check out how it performed after it had subscribers.
I mean, according to C2 rule,once a strategy has subscribers, the prices thereafter are based on the prices filled in subscribers' real money accounts.

Dont they all?

 

[RobinsonG]

Most C2 good strategies developers had bad strategies before.
If you did not see their bad strategies, it is because most developers just change their names and trade on new accounts.
If there are strategies really never had bad ones, the bad ones happened before developers came to C2.Does that make a difference?
No one born to trade well.

Did you see any VIX strategies that started before 2016?
It was not that before 2016 there were no VIX strategies. There were as many as now.
It was because VIX strategies before 2016 all had big drawdown and smaller return.
So developers discounted them and trade on new accounts and new names.
As VIX strategies after 2016 have performed much better , due to changing market situation.
Do you believe old VIX strategies developers just discounted their old VIX strategies and left C2? If you believe they still stay at C2, then they must be under new names.
Most C2 current VIX strategies are run by old developers.And so are the other C2 strategies.
If you are worried about this, you may need to unsubscribe from every C2 strategy.

As for Futures Cat, you can see its high return came from low leverage.
High flies that could not survive long time all have common characteristics:
either they use big leverage, or they use martingale strategy.
I see Futures Cat used neither of these methods.
Some strategies could do well during a period of time like a few months, because it fit in certain market situation. When market situation change, their good performances would not last longer.This is especially true for equities.
But Futures Cat trade in many instruments in equities and commodities.
So that factor is unlikely to affect it.

Strategies making false performance have one common characteristic:
Their good performance would not last longer after they have subscribers.
So if you want to determine which one had false performance, check out how it performed after it had subscribers.
I mean, according to C2 rule,once a strategy has subscribers, the prices thereafter are based on the prices filled in subscribers' real money accounts.

This is my first post here.
I would like to subscribe to a volatility strategy in C2.
After all your posts which strategy looks to you promising?
Please look also here
https://collective2.com/details/101429306
https://collective2.com/details/106600099
https://collective2.com/details/107294590

Thanks!

 

[bbpp]

Of the 3 strategies you mentioned, I would avoid PCProtrader.
There are two problems with this strategy:
1. It did false performance. Its first 4months performance was significantly exaggerated taking advantage of C2's hole. The latest 3 months performance was his real performance.
2. His method has inherent big risk that you can't see from his current performance.

Of the 2 volatility strategies, I would prefer VIXTrader professioanl, since it has lower drawdown.And it performed better on 5/17/2017, when there was a big spike on VIX.
You can see it sold long position on that day and immediately reversed to short, therefore partly recover its loss.So it did better in crisis time.
Generally, I think all VIX strategies would do much worse if market experience high volatility situation.
But VIXTrader professioanl could perform better than its peers.

This is my first post here.
I would like to subscribe to a volatility strategy in C2.
After all your posts which strategy looks to you promising?
Please look also here
https://collective2.com/details/101429306
https://collective2.com/details/106600099
https://collective2.com/details/107294590

Thanks!

 

[RobinsonG]

Thanks!

 

[RobinsonG]

Of the 3 strategies you mentioned, I would avoid PCProtrader.
There are two problems with this strategy:
1. It did false performance. Its first 4months performance was significantly exaggerated taking advantage of C2's hole. The latest 3 months performance was his real performance.
2. His method has inherent big risk that you can't see from his current performance.

Of the 2 volatility strategies, I would prefer VIXTrader professioanl, since it has lower drawdown.And it performed better on 5/17/2017, when there was a big spike on VIX.
You can see it sold long position on that day and immediately reversed to short, therefore partly recover its loss.So it did better in crisis time.
Generally, I think all VIX strategies would do much worse if market experience high volatility situation.
But VIXTrader professioanl could perform better than its peers.

If you compare VIX Trader professional to all volatility strategies in C2, do you still recommended on VIX Trader professional?

 

[Pekelo]

There are 3 problems with Futures Cat:

1. It trades too many instrument for no good reason. If you look up his previous systems, he was successful sticking to just one group (indeces) so I don't see what is the point in trying to trade 10 different things, dividing your attention unnecesserily. Also depending on your broker, more subscription fee is required for different datafeeds.

2. His history is too short and I bet it won't make it over 4 months. We shall see, but I think most of the gains has been done already. (His most successful system to date)

3. If you look at his older systems, there is at least 1 what he stopped trading without explanation although he was doing well? (Indeces Futures up 77% in 3 months, stopped in December) What the hell is that about? Why would he stop? Unless you get a good explanation, the guy simply just can not be trusted...(same with another system, Trading Eminies, abandoned after 2 months, 56% return)

 

[bbpp]

As I can tell you, trading many instruments is a big advantage, not a big disadvantage.

As for what happened to his previous strategies, I don't know.
But I think his current performance is more convincing than other factors.

There are 3 problems with Futures Cat:

1. It trades too many instrument for no good reason. If you look up his previous systems, he was successful sticking to just one group (indeces) so I don't see what is the point in trying to trade 10 different things, dividing your attention unnecesserily. Also depending on your broker, more subscription fee is required for different datafeeds.

2. His history is too short and I bet it won't make it over 4 months. We shall see, but I think most of the gains has been done already. (His most successful system to date)

3. If you look at his older systems, there is at least 1 what he stopped trading without explanation although he was doing well? (Indeces Futures up 77% in 3 months, stopped in December) What the hell is that about? Why would he stop? Unless you get a good explanation, the guy simply just can not be trusted...(same with another system, Trading Eminies, abandoned after 2 months, 56% return)

 

[Pekelo]

As I can tell you, trading many instruments is a big advantage, not a big disadvantage.

Most markets are correlated, so if you think of diversification, that argument is over rated. But sure, show me a good system trading more than 5 different instruments (not 5 stocks).

 

[JITF]

Usually it is opposite - high leverage leads to high returns. Temporary returns sometimes.
Anyway, this Futures Cat leverage is around 7-15 now, and it was around 20-30 in April. How that numbers can be considered as low?

PS in my terms Leverage = Open Position Size / Traders Capital

Maybe your Leverage term is different.

As for Futures Cat, you can see its high return came from low leverage.

 

[bbpp]

https://collective2.com/details/104651752

Most markets are correlated, so if you think of diversification, that argument is over rated. But sure, show me a good system trading more than 5 different instruments (not 5 stocks).