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.
A subscription to this program allows you to subscribe to and trade any combination of the four bundled systems listed above. Please see each individual system's description for system details.
The trade record presented here trades all four of the above systems, with the following exceptions:
1) No more than 3 contracts can be held at one time (each system trades a single contract).
2) All orders are market orders. This is the most effective way to keep a group of systems trading a single symbol in proper synchronization. Individual system stops or profit targets that are hit will be executed via market orders at the end of the 5-minute bar on which they are "filled". We refer to this process as utilizing "virtual" stops and targets.
Note: All BT strategies offered on C2 have been traded in real-time since early 2004 in the "market order only" method described above. Results across the board have been slightly better than hypothetical trading with live stoploss & profit targets. This successful practice, in my opinion, is a sign of robust logic and proper trade design. In other words, delaying entries and exits by up to 5 minutes has no detrimental effect on the systems being traded. No proof will be offered to support the actual trade result claims I made here, so strongly consider that fact before assigning your own value to those statements, if any.
Your email address MUST be subscribed to the "BT - Bundle" system in order to trade any of the BT bundled systems.
- 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.
Subscriptions cost $250 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.)
- 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.