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.
The GAP ES strategy trades a single contract with at most one (1) trade per day. It analyizes yesterday's price activity leading up to the close; today's premarket price activity; the size and direction of the opening Gap; and how this information fits with historic profitable trades to determine whether on not a trade will be taken on any particular day. If a trade is to be placed, the order will be place "At Market" sometime between 8:00AM and 8:30AM Exchange (Chicago) time. If the trade dosen't reach its Profit Target or Stop Loss by 9:30AM Exchange time, a market order to exit the position will be sent.
If GAP ES hasn't entered a trade by 8:31 Exchange time, it can be safely assumed that no trades will be taken this day.
Due to filtering that results from historic price action, the strategy does NOT take all possible trades when there is a GAP Open.
Note that this strategy DOES enter prior to the beginning of the "Day Trading" for Margin purposes. Therefore, be sure you have enough equity in your account to support such an entry.
This GAP ES is one of the 10 strategies that make up the "Daily E-Mini Hedge" portfolio of stratgies.
- This System Description text was submitted by the creator of this strategy. Collective2 verifies only trading signals and hypothetical trading results. We have not verified that this text above is an accurate system description. 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.
There is a free trial period of 5 days before you are charged.
You may cancel at any time before this (we send you an email at least a day before, to remind you, so there are no surprises.)
Then, after the trial, you will be charged $100 per month. (That is, we will charge you every 30 days - not when the month name on the calendar changes. So it's okay to sign up towards the end of a calendar month. You'll still get a full 30 days.)
GAP ES Takes trades based on the size direction and historic probability of a winning trade based on yesterdays closing todays premarket price activity and historic results for similar trades. 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.
