Review of mwz trading system on Collective2.com

After only 9 trading sessions I decided to unsubscribe from mwz. These were my reasons:

- As soon as I have subscribed, trading frequency shut up 3+ x over historical average making $30k, which I have allocated to this system, too small to be viable. The trend of number of trades per day generated by the system is shown on the graph.

- Discrepancy between reported and my own performance was too high. I estimated discrepancy of 14% / month at my allocated capital size. This would wipe out most of the reported performance of this system. (I do not have a tool to analyze over 700 trades that were generated to find the root cause of discrepancy. Although Collective2 web site has an option of displaying real trades along with hypothetical trades, my trades were not reported for some reason). The table shows a summary of discrepancy of my results versus reported by c2 web site.

- Vendor did not respond to my questions.

- I did not have a stomach for combination of high leverage, short selling and in some cases >50% of equity going to a single security.

My trading set up uses an account at Interactive Brokers + TradeBullet, a required 3rd party piece of software which costs $50 per month. Interactive Broker's commission is about $1 per trade. MWZ subscription cost is $22 per month.

Comments, questions, suggestions are welcomed.