Collective2

After two years as a subscriber, I am finally throwing in the towel on this system. Down 10% this year on real fills (as opposed to C2 fantasy fills). Had a decent January, but since then, even in this bull market, the system has stopped working.

What is going on? BTO 6,000 NTY 42.26 6/19/07 10:19 0 40.48 (09:32t) ($126,779) He only had 700K and he LOST ($10,680) so far? BTO 10,000 FLML 23.33 6/19/07 15:10 0 0.00 (17:14t) ($116,649) And of that original 700K, he also lost ($233,300)? BTO 5,000 CHKE 40.81 6/20/07 13:16 0 0.00 (16:13t) ($102,025) And likewise Collective2 says he lost another ($204,050)? This much is real--I had $25000 last week, middle, when I turned autotrading and now I am down 6% already. I have shutdown autotrading in emergency until Collective2's computers and Extreme_os get back up and working like it used to.

Very consistent, long history, small drawdowns, but a lot of slippage. http://scitra.blogspot.com

I trade the EOS system exclusively in an IRA account I have at IB. That account rose in value by 60% in 2006 and I am off to a good start in 2007 (up 5% in January). You won't make the 160%/year that C2 reports due to the sizeable slippage, but the system is very consistent and one that I plan to keep trading for a long time.

System trades very thinnly traded stocks and fills are harder to come by. In the real world it is a very hard system to trade. You can see the hold and hope factor is very high .36. In a practical world of trading no wonder the system has realism factor of only 67. Slippage is very high and growing, 167% annual return is dream in real life.

If you're serious about trading using a robust, rules based approach, this system is definitely worth considering. I've been a trader for a long time and I have my own methodology, but having followed extreme-os for some time revealed a few things that I have not noticed in the markets until I tried the system. While a lot of customers complain about bad or impossible fills due to volume/liquidity, the actual concept that underlies the system is very sound. My recommendation is to follow this system and pay attention not to "what" but to "how". If you just want to shadow extreme-os you'll do ok. But if you understand how it works and tie these principles into your own trading you'll do exceptionally well.

Beautiful system, but fill sare fantasy. Real world lost money autotrading in a strong month for the system. Look at the thin spreads of most trades and you'll see a little slippage on each side and the profit is gone.

I have subscribed to the system since 05/18/2006 and been auto-trading it from the beginning. So far, I am almost break-even after the slippage and commission/subion. Although the market has been tough for the last three months or so, this system, to my impression, performed better in a monkey market than in a clear upwards/downwards trend market because it is trying to catch the short-term bottom. Overall, I feel this system is just OK, definitely not as good as that shown in the equity curve.

After subscribing to this system for more than six months, I finally gave up. This strategy should work for vendor, but not for followers because of huge slippage. Look at the intraday chart, you will know what I mean.

Subscribed since beginning of April, down over 6%. I'm going to hang in for a few more weeks to see if it gets any better.

Tried it for a month. Break-even after slippage and commissions.

I use only this system for my IRA (no margin) trading account and it is up 13.5% since the first of the year. Maybe this is a little less than the simulated return due to slippage and an occassional missed trade, but I don't care -- it is still a lot higher return than I am getting from any of my mutual funds.

I think these are great entry points. I use the ATM. I dont care if I get 10 cents slippage because sometimes I get 10 cents the other way. Sometimes I will miss a trade and I end up buying at a lower price before a runup. . I dont trade the equities with extremely low volume because it is not realistic to be able to exit quickly. It seems that if you have some basic trading knowledge that you can use this system to your advantage. I am up 25% on margin since January 1.

Getting stated fills is impossible to achieve. I agree with the low Realism Factor. Count on 10-30 cents slippage on sell side of each position, slightly less on the buy side, so you have to adjust the results accordingly to get an accurate picture. I am now using Autotrader and still experience 20-30 cents slippage on fills on BOTH sides. Had a 50 cent slip this am! This changes the results dramatically. The record is ..... to be taken with a grain of salt. Finally decided to cancel, traded this for 3 months with autotrader and bottom line is I made no money.

After using this service for 2 months, I finally decide to unsubscribe it. Using above $80K for every trade is not something I can do all the time while the fills are usually hard to be completed. In addition, I realize gradually that capturing a falling knife is not a style that fits me well.

The slippage on this system averaged .066 per trade. The return per annum in real life trading is about 40%. Your fills will average about 75% of what's posted on C2. The 200% return shown does not consider that the trader has to have 5 times the amount in reserve. That being said, it's a system with very low drawdowns, and not many mutual funds will return this kind of percentage. Maybe C2 could readejust the math for these type systems to figure the % return based on total dollars one needs to use the system.

A very good system. With Tradebullet, I achieve similar results to those posted here. Incredible Performance so far with few drawdowns.

I have been a subscriber for a short period and use the ATM to receive trade signals. Like other comments here I find the posted fills a fantasy. I am extemely attentive and respond immediately to all Instant Messages but cannot come close to achieving the posted fills. The entry points are very good and scaled orders may be appropriate.

I have been a subscriber for many months and, using AutoTrading, receive fills that are almost identical to the fills posted on C2. Unlike some other systems, the system owner seems conservative, doesn't take huge risks, and has created a very good system. Highly, highly recommended!