Forum: System: Steady Profits
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| Subject: | June 2012 Report: +6.8% |
| Posted by: | Dusan (Admin) ( C2 Score: 985 ) |
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| When: | 9/15/12 (10:57) | |
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| | In June our system posted an overall gain of 6.8%, after making 7.2% in May (standard commission).
Maximum drawdown during May was approximately -1.01%. On June 21th, we broke previous equity high of $88,588 and finished the month at historic maximum of $93,454.
In the last month's report, we stated:
"Our goal for this year is to achieve 100% annualized profit with reasonable drawdown of 30%."
Although we are still in the middle of the year, during June, max historical drawdown is still -24.21% with annualized profit of 67% (all commissions and subscription fees included).
Steady Profits |
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What is the C2 Score?
Collective2 rates every trading advisor 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 trader will be rated more highly than a trader with erratic results.