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.
Anyone vaguely familiar with stock markets knows that after a period of substantial price movement there tends to be a time of retrenchment and vacillation. CTT does a look back a roughly one month’s worth of market data to decide on which days to trade and at which price points to enter or exit the market. The system will typically do one entry (short or long), one reversal of the initial trade, and then a closing trade during one trading day. There are no stops other than the end of day exit if the position is still open. CTT will trade on roughly 30% of the days when the market is open. It trades only during the regular day session (9:30 am to 4:15 pm EST).
- This system description was provided by the system developer. Collective2 has not verified it.
There is a free trial period of 90 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 $50 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.)
