It's been a game changer so far with Hydra Options. Not only are we seeing exponential gains at times, but there is also real accountability when it comes to risk and capital management. I think that is something we all appreciate. They also have great communication and support on their Discord group which is really helpful as a daily tool. This has been a great ride so far, looking forward to continued growth!
I have been subscribed to this strategy since Jan 2024. This strategy did well in the first half of 2024 . But it has pretty much gone down hill for the last year. I have sent at least couple of detailed messages to the strategy manager outlining concerns and all I get is "my system is awesome". Well, if his system was awesome his equity curve would be much better. The data shows for itself. The manager's daily emails have vanished at this point. His weekly commentary makes little to no sense. The manager at this point is just milking the last few set of subscribers who aren't paying attention and fleecing them. So terrible. Wonder how professionals can be at peace knowing they are cheating subscribers. Hindsight I should have cut the cord on this subscription sooner. The only reason I stuck around so long is because I auto-traded a very small percentage of this strategy and booked regular profits and hedged along the way on my personally traded portfolio (through covered calls and what not). BlackBoulder has lost his ooomph. Please do not subscribe!
BE WARNED!!!! I have lost a lot of money with this. And, the strategy manager has ignored all of my message requests for help understanding what is their plan with my huge drawdowns. They don't deserve your business for that rudeness alone.
As for the strategy, as best as I can tell, they just keep adding to losing positions until it turns (which still mine has not). You can't do that indefinitely with trending markets like major indices without sometimes getting seriously burned. There should be a warning on this site about managers who just juice their win rates by continually just adding to losing positions at the expense of your capital. Don't be fooled. It might work for a bit but huge drawdowns commonly await.
STAY AWAY!!!! I lost so much money with this. Worse, the strategy manager ignored the majority of my communications in which I tried to obtain some information during huge, growing drawdowns. When they finally replied, they basically just told me to exit myself! So not only did I lose money but they seriously don't deserve your business either. As for the strategy, as best as I can tell, they just keep adding to losing positions until it turns (which still mine has not). You can't do that indefinitely with trending markets like major indices without sometimes getting seriously burned. There should be a warning on this site about managers who just juice their win rates by continually just adding to losing positions at the expense of your capital. Don't be fooled. It might work for a bit but huge drawdowns commonly await.
I can only rate TechSignal for the month I subscribed and that month was not good. System stays short while market continues to climb with no end in sight. Nasdaq will probably sell-off at some point making this system profitable again but until that happens one must accept significant drawdowns and hold on.
RUN AWAY FROM THIS STRATEGY.
Currently down over $27K, all this strat does is short the market, and when the market runs against it, it just keeps adding to its losing position, indefinitely. It currently has positions open since JANUARY (a deep red SQQQ long) that it just holds forever in the red so as not to post crap trades. Recently however, two MASSIVE closed losing trades from holding consecutive maximum size losing short positions while the market goes STRAIGHT UP 45% in the last 90 days. And when the strat FINALLY DID stop out with an massive loss after ignoring the market direction for months, guess what, it jumps RIGHT BACK IN a short position hours later. WHY EVEN BOTHER STOPPING OUT?
RUN AWAY.
Inconsistent trading. Chasing highs and chasing lows under the claim "momentum". Leaves vulnerable positions in shorts, open far too long. Sometimes multiple trades will happen in short periods of time and others stay open for days (typically the losing positions). Drawdowns initially claimed were incorrect. No stop loss. VERY poor communication with subscribers.
Nice backtest. Bad trading. Live trading results do not hold up to the backtest.
Win rate is only about 58% compared to the 88% of the backtest.
Losing trades are almost double the size than winners.
This is still in its infancy and while risk is relatively low, the returns have not been consistent. Still think this strategy needs more time to marinate before making a final rating.
This strategy is profitable so far, however the SM works with too high leverage in my opinion, especially when trading XAU (GC). I had 2 profitable moths trading via autotrader and hope this low drowndown will be keeped up.
+ good entries, mostly right direction
+ good risk management, because loses were cuted quickly
+ many tickers, FOREX, commodities and incicies
+ mostly no over night positions
+ low drowndown
- often trade is in a fat profit but SM does not close it and it ends with a loss or even big loss (i.e. 2 GC on 20 June 25)
- often too big size, SM could be much more elastic holding only 1 GC (XAU) contract instead of 2. I did not understand why mostly 2 cons for XAU, it is really risky.
This trader uses far too much leverage. I lost 20% quickly. I messaged to find out more and received no response. Yes, they had a good run for a while but it's been a disaster since then. I understand drawdown but this is far too much, too fast. Too much risk and not good trading lately.
Started auto-trading in early May, signed up for previous 8-9 months of tight take profits, and more importantly, tight stop losses, with then -11% MaxDD. Prior to May, you'll only find a handful of losing trades >$1000. Last two months, it's the norm, as manager has apparently has succumb to "swinging for the fence" emotion/revenge/panic trading, with wildly loose stop losses.
If they were an RIA in real life they would be sued back to the stone age for a radical strategy adjustment (conservative to "screw it") WITHOUT informing subscribers.
Not that you'd sign up for this garbage with its performance over the last two months, but STAY AWAY unless you like emotion/panic trading.
There's a reason this strat manager does not trade his own funds on it.
For me, an expense -$25K lesson learned.
It seemed to be a perfect strategy, but directly after my subsccribing in Mai 25 it did 25% drowndown within a few days. Seems to be algo trading, additionaly the Strategy Manager tried to recover with a big laverage and revenge trades. Not seriously at all.
I’m giving Algo Exchange a 1-star review due to its consistently poor performance and abysmal communication. The platform’s algorithms have underperformed repeatedly, failing to deliver results and leading to significant losses. To make matters worse, the only time I hear from their team is when they’re sending vague updates about market downturns, offering no real solutions or accountability. There’s zero proactive support or guidance when things go south, leaving users in the dark. Save your money and look elsewhere for a reliable trading platform.
For the moment I wouldn't recommend this strategy. Leverage is very high. Win Ratio is only about 50%.
Meaning, that one day you win 5K, next day you lose 5K, then your up again, and down.
And maybe the next day it might be even 10K down, you never know. Very risky. Not for the faint of heart.
Trades are pretty random, and IMHO there are way too many trades. More than 300 trades in only 2 months.
For most investors this strategy is way to agressive. Personally I prefer less trades, but better win ration.
A 10K portfolio would better for C2-investors, using only 1 Micro. (Just in cas it blows up like other strategies.)
But unfortunately the strategy owner never responds to suggestions. (or questions) :-/