[maguiredan]

For the past 4 months I have been monitoring several trading strategies available for rent on the Collective2 site. Recently I have subscribed to a four of them. Mostly I have taken the signals and traded them manually. One especially promising futures strategy I have put on 'auto-trade'. My trading results thus far are slightly positive.

Is it a viable approach to trade strategies available online? What sites other than C2 have people used and had good trading results?

[Chippy]

I have a few programs from the site Live Trading Zone | Live Futures and Commodity Trading and they work really really well. I wanted to do a trial at first, so I did just one month rent. Then after the first month I just paid for it outright. I know a lot of people who just pay monthly but to me it is like renting a car lol. I would rather pay for it up front and get it cheaper than to rent each month.

Although the advantage to renting is that you can just stop whenever it stops making money.

My experience has been the guys who trade their own programs actually do perform the best in real life. They aren't cheap there, but they work. So as long as I make money, I don't mind

[philippe07024]

Hi Chippy,
I have just found this website Live Trading Zone | Live Futures and Commodity Trading, it seems very interesting. Now checking their reputation on the web.

Are you still satisfied?

Philippe.

[maguiredan]

If their trade history for 2011 is accurate, some of those strategies look pretty good. But I have a feeling those are really 'signals' rather than actual trades It would be better if they posted some 'real' trading history the way Collective2 does. That lets you factor in slippage and commissions.

[Chippy]

Originally Posted by philippe07024 »

Hi Chippy,
I have just found this website Live Trading Zone | Live Futures and Commodity Trading, it seems very interesting. Now checking their reputation on the web.

Are you still satisfied?

Philippe.

Yea things are going pretty good. Right now the markets are all having a hard time, but I am still positive for the month, so can't really complain. They are pretty good about being around when you need them. I have been to some sites where if things go wrong they never show up...at least they are there when its losing too haha

[Chippy]

Originally Posted by maguiredan »

If their trade history for 2011 is accurate, some of those strategies look pretty good. But I have a feeling those are really 'signals' rather than actual trades It would be better if they posted some 'real' trading history the way Collective2 does. That lets you factor in slippage and commissions.

yea I asked them about that at first too because I know slippage can be big on certain markets, but so far it hasn't been off too much. It seems to average out because I get better fills sometimes and then worse sometimes.

I know on the trade records for the day trades they include slippage, but not on automated. Either way, as long as I make 10% on my money after all fees and commission I am not going to complain

[philippe07024]

Originally Posted by Chippy »

Yea things are going pretty good. Right now the markets are all having a hard time, but I am still positive for the month, so can't really complain. They are pretty good about being around when you need them. I have been to some sites where if things go wrong they never show up...at least they are there when its losing too haha

Thank you for your answer. May I ask which of their program(s) you are following?

[renvik]

Originally Posted by maguiredan »

For the past 4 months I have been monitoring several trading strategies available for rent on the Collective2 site. Recently I have subscribed to a four of them. Mostly I have taken the signals and traded them manually. One especially promising futures strategy I have put on 'auto-trade'. My trading results thus far are slightly positive.

Is it a viable approach to trade strategies available online? What sites other than C2 have people used and had good trading results?

Specifically, which ones are (have) you monitoring/renting.
Thanks.