Looking Back at a Top Strategy (Kamtrader)

About 16 months ago, I reviewed the strategy Kamtrader which was pretty popular at the time. How did my predictions turn out? Back in July I wrote this blog post and posted this youtube video on Kamtrader. I was looking a the rather small number of YouTube videos I have made. Seeing the title I thought what has happened to Kamtrader, which I warned was very risky. I always want to see people do well, but I also don’t want to be crazy, wrong, or miss out on good opportunities. So how did I do. Well I just realized today that I already followed up on Kamtrader but forget. Whoops. I guess I’ll do it again. Maybe I will remember that I already followed up on it. See the chart below for more details on how it did.

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Kamtrader Review

This morning I woke up to an email from collective2 talking about their strategy of the week. Though I respect Collective2.com’s decision to promote any strategy they want, I see some risks with this particular strategy that concern me. As of right now the total returns for this strategy have been fantastic, but I have some reasons that make me doubt it will be a good long term strategy. Of course, I could be wrong and I hope the leader does very well. However, I think if they stick to this style it could prove problematic.

Update On 7/21/2022

In less than two weeks following my words of caution, this strategy saw a 62% drawdown. Collective2 is a fantastic website, but you should never subscribe to a strategy simply because it is the strategy of the week.