Well, he is started in April and almost all trades are buying Puts on SPY. Simply put, he rides bear market ))
I think someone found the holy grail
- Thread starter Dna7272
- Start date
I think you are right, he mostly buys puts. Not the holy grail
Doing only one thing works fine as long as you know when not to do it. Clearly when we get a solid bounce, it will be interesting if he stays out or gets wrecked.
If he manages to finish this year at least with the same capital then he probably has something but at this point it's really hard to tell. But I would suggest that he will fail very soon
It depends, for example buying Calls worked 12 years along ))
There was a couple of +20% drops during that time that would have decimated a Call buyer and even more +10% declines.
Exactly. This is a trader that trades momentum heavy. That's fine. Just know what it is.
The first system what the OP mentioned is clearly a Martingale one. There is no other reason to use 1 unit in one trade and 160 units in the next one. Case closed.
The second system with a 12 times return in 3 months is more interesting. He is heavily leveraging up using the gains, nice. I think he charges way too little. 100 bucks for 100% monthly returns? It should be the most expensive system on C2, easily 500+ monthly fee. It is better to have fewer subscribers who pay more than the other way around.
The second system with a 12 times return in 3 months is more interesting. He is heavily leveraging up using the gains, nice. I think he charges way too little. 100 bucks for 100% monthly returns? It should be the most expensive system on C2, easily 500+ monthly fee. It is better to have fewer subscribers who pay more than the other way around.
The main question if he can continue this way. I highly doubt it. If he had a real edge that can make this big return he wouldn't need the C2 subscribers momey
People can be so stupid. Or naive and ignorant. If they want to be conned, and want the dream, ....give them the con and dream. Sell them the con and dream.
I'm more upset at all the innocent sheep out there, rather than the wolves making the killings.
If I were to ever go on C2...I would literally sell my system trade process for a million bucks. If they can pull it off, they'll more than make up that fee in less than a year.
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