Collective2 rates every trading system creator in its database and assigns a score between 100 and 1000.
In general, a rating above 500 is good. A rating above 700 is excellent.
Collective2 Ratings are recalculated daily based on the entire performance history in our database. The exact formula we use is proprietary, but there are several key variables that go into the Collective2 Rating.
One of the most important factors is the length of time we have been able to observe the performance of the trader.
Another key factor is the amount by which the trader over-performs or under-performs the S&P 500 index.
Finally, the choppiness of the trader's results is taken into account. Certainly a more consistent system creator will be rated more highly than a system creator with erratic results.
After only 9 trading sessions I decided to unsubscribe from mwz. Here were my reasons
- Trading frequency shut over 3 times historical average making $30,000, which I have allocated to this system, too small to be viable.
- Discrepancy between reported and my own performance was too high.
- 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.
For more info please see robdubik.blogspot.com
PS. Realism factor of 127 is a glitch in C2. It came about after vendor reset trading capital to $100k. Actual realism is very low.
Nov 28, 2007 from Subscriber
Good system. Honey and open mind system vendor. Low subsription price. Highly recommend!
Oct 16, 2007 from AutoTrader
Very good system for automatic trading.
Oct 11, 2007 from AutoTrader
This is a system with lots of scrapping trades every day but you do not make any money at the end of day. I do not really believe the owner can consistently make money even the equity curve looks good. I am just in this system for two or three weeks and I am unsubscribing now. It is really not worth the dramatically increased monthly charge.
Aug 16, 2007 from Subscriber
Excellent and steady equity curve. Keeps making money through latest market meltdown while 99% of the C2 systems lead you to a poor house!
Generous trial period.
The only drawback, needs constant vigilance and attention since time frame is very short.
Autotrade do not have enough track record to evaluate autotrade alternative.
Discretionary day and swing trading with technical analysis market timing and big picture analysis. read more...
- This text was submitted by the creator of this strategy. Collective2 verifies only trading signals and hypothetical trading results. We have not verified the Overview text above. Remember there is a substantial risk of loss in trading. Past performance is not indicative of future results. Do not trade with money you cannot afford to lose.
Hello - has anyone counted the number of trades per year (or month) on this system in order to estimate yearly trading costs?
thanks[LINKSYSTEM_24524853]
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