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Gen 2 - Mini S&P Only

What it trades: Futures

Hypothetical Monthly Results

 JanFebMarAprMayJunJulAugSepOctNovDec
2008                                                                      (21.6%)+40.6%
2009+7.8%+19.1%+9.8%+15.1%+1.8%(9.4%)+5.2%(1.7%)(2.2%)(4.5%)(0.3%)+1.7%
2010+8.3%(6.4%)+1.1%                                                      

 
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Subscription Terms

Seven-day free trial, then $179 per month (Details)

There is a free trial period of 7 days before you are charged. You may cancel at any time before this (we send you an email at least a day before, to remind you, so there are no surprises.)

Then, after the trial, you will be charged $179 per month. (That is, we will charge you every 30 days - not when the month name on the calendar changes. So it's okay to sign up towards the end of a calendar month. You'll still get a full 30 days.)



Strategy Description 


Trades mini S&P only (ES). Opening range based strategy. One trade per day, very rarely 2 trades per day. Typically holds trade to next morning. Based on 10 year walk forward track record.

- This overview was provided by the system developer. Collective2 has not verified it.




Recently Closed Trades

Details

System creator requested that closed trades data below be delayed by seven days.

Opened ET B/S # Symbol   Price Closed Price Risk P/L
3/9/10 10:03 BUY 1 @ESH0 E-MINI S&P 500 1136.75 3/10 8:50 1140.00 Low $162
3/8/10 9:48 BUY 1 @ESH0 E-MINI S&P 500 1138.75 3/9 8:50 1133.25 Low ($275)
3/5/10 9:44 SELL 1 @ESH0 E-MINI S&P 500 1127.75 3/5 16:05 1136.50 Low ($437)
3/4/10 9:49 BUY 1 @ESH0 E-MINI S&P 500 1121.50 3/5 8:50 1128.50 Low $350
3/3/10 9:47 SELL 1 @ESH0 E-MINI S&P 500 1119.50 3/4 8:50 1119.75 Low ($12)
3/2/10 9:39 BUY 1 @ESH0 E-MINI S&P 500 1119.00 3/3 8:50 1118.50 Low ($25)
3/1/10 9:54 BUY 1 @ESH0 E-MINI S&P 500 1109.75 3/2 8:50 1121.00 Low $562
2/26/10 9:44 SELL 1 @ESH0 E-MINI S&P 500 1102.50 2/26 16:05 1102.75 Low ($12)
2/25/10 9:57 SELL 1 @ESH0 E-MINI S&P 500 1088.25 2/26 8:50 1103.25 Normal ($750)
2/24/10 10:02 BUY 1 @ESH0 E-MINI S&P 500 1099.75 2/25 8:50 1093.50 Low ($312)
2/23/10 9:39 BUY 1 @ESH0 E-MINI S&P 500 1103.75 2/24 8:50 1097.25 Normal ($325)
2/22/10 9:58 SELL 1 @ESH0 E-MINI S&P 500 1107.00 2/23 8:50 1103.50 Low $175
2/19/10 9:53 BUY 1 @ESH0 E-MINI S&P 500 1102.00 2/19 16:05 1106.00 Low $200
2/18/10 10:07 BUY 1 @ESH0 E-MINI S&P 500 1100.00 2/19 8:50 1102.75 Low $137
2/17/10 9:50 SELL 1 @ESH0 E-MINI S&P 500 1097.75 2/18 8:50 1093.50 Low $212

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Reviews

See All
 
Oct 28, 2009 from AutoTrader

Since May, system is in a downtrend with lower highs ans lower lows. System developer seems to be an honest guy and offers good support and insight, but my pain threshold is reached now. This system is eating too much money, especially after commissions and subscriptions costs.

 
Aug 20, 2009 from AutoTrader

The system has been oscillating for 2-3 months, which is well within system expectations. The good news is that the vendor has not caved into trying to "fix" the system based on limited observation of temporary market trends. The system is not broken. Very happy with system and vendor. As for the Aug 16 review, I would ignore it, as flipping a coin is silly, exiting at 8:50AM is hardly vague, C2 gains are at 85% APY. Maybe they were reviewing a different system?

 
Aug 16, 2009 from AutoTrader

System recently goes against very strong market uptrend with short trades, often turning winners into losers by exiting at vague and arbitrary 8.50 AM next day. This has not work since inception on Col2. Historical data not impressive, recently one losing and one flat year, low return and high risk of huge drawdown. One may as well flip the coin and close trades at the end of the day.

 
Aug 11, 2009 from AutoTrader

System vendor is professional and responsive. Nearly every the vendor sends out a diagnostic report on the system's performance. This is a fine system, but while much thought has apparently been put into trade entries, the exits (and stops) are a different matter. We'll see how it performs going forward, but perhaps nearly tripling the subscription price in May was premature.

 
May 1, 2009 from AutoTrader

Two weeks back I subscribed to this system. And I am really positively subscribed. It was so far very successful (made up the monthly fee on the very first day) and provided excellent return. While others would brag about their results Kevin simply warns not to overtrade, because drawdowns will come. This I regard as highly responsible. Moreover, he is very open and communicative. So, I fully believe, this is system that will last.. - with very good results.

 
April 30, 2009 from AutoTrader

In his forum and in private messages, Kevin answered all of my questions with detail and openness. The transparency, and, yes, profitable historical results, convinced me to try his Gen2 system. The returns have thus far (after only 2 weeks) exceeded my expectations. The risk per trade (on one contract) has been low, and the slippage via auto-trading has been zero. Most importantly, Kevin advises proper money management, which is the cornerstone of long-term success.

 
April 30, 2009 from AutoTrader

It is difficult to join an overnight system making equity high month after month, afraid the DD is imminent. But Kevin's openness, integrity and honesty, in addition to system statistics, win over my emotion. I am glad I join.

 
April 30, 2009 from Subscriber

System show good Results. Kevin Davey informs every weekend about the Results and warns Trader about overtrading. I like his weekly statements and his warnings.



Statistics

Analytics  
System has been audited since11/4/2008 (17 months ago)
Trades358
# Profitable188 (52.5%)
# months tracked16
Profitable months10 (62.5%)
Avg trade duration18.7 hours
Annual return (compounded)42.9%
Average win$491
Average loss$466
Profit factor1.2:1
Max peak-to-valley drawdown (historical)42.61%
drawdown periodNov 07, 2008 to Nov 24, 2008
Correlation w/ S&P-0.092
Sharpe ratio0.97
C2Realism Factor 100%
Keep after worst-case slippage 100.0%
Probabilities of future account loss  
Chance of 10% account loss56.1%
Chance of 20% account loss40.5%
Chance of 30% account loss9.3%
Chance of 50% account loss0.0%
Chance of 100% account loss0.0%
Average Profit to Drawdown (APD)0.07
Average P/L per unit traded$36.67


System Description

On a single ES (mini S&P) contract basis, Gen 2 - Mini S&P Only has returned an average of $18,663 per year (AFTER commissions), based on its 10+ year history (including Collective 2 history).

One losing year since 1997 - in 2001, it lost $442 (after commissions).


For more information on Gen 2 - Mini S&P Only , helpful tips that will make you a more successful investor and frequent updates, please visit the my forum (link near top of page).

You can visit www.kjtradingsystems.com for general info on the 3 time award winning trader behind this system.

- This system description was provided by the system developer. Collective2 has not verified it.