Holding until you break even is probable a good strategy for loosing trades in Bull markets where pulbacks are relatively shallow. I hope the manager has different strategy when a Bear market kicks in. What I miss the most is the communication channel with the manager - there is no feedback to followers explaining manager's views or his strategy.

"This strategy seems to perform purely at random. There is no active or proactive position management."

The equity curve looked great so I decided I’d be in good hands with this strat. Also, the SM had 3 or 4 other systems in the top 10 of the Leaderboard. What wasn’t to like, right? Once I subscribed, though, I was pretty much continually in a state of anxiety with this system. The instruments traded and direction of trade didn’t make sense. The SM held onto trades for weeks and doubled down when things didn’t go as expected. This insistence on winning at all costs immobilized the strategy, preventing any further trading until the SM could eke out a couple hundred dollars to show some green to his customers. This latest hold-and-hope, the CAC40 long, is bleeding money, didn't make any sense as the markets are on edge with September rate cut seeming more and more unlikely and the war starting up again - and as usual the SM is holding on insisting for a win. Will he eventually get one? I’m not sticking around to find out.

DCA + hold = high win rate. That’s all you need to know.