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.
Sky Hawk attempts to discover short term trading opportunities among those securities that have recently fallen or risen to an extreme. The basic premise is that no stock goes straight up or down without a bounce to some degree. The method is simply a market or limit order at the opening to enter or exit a trade normally lasting between one to fourteen days. The targeted securities may range from very large cap to much smaller micro-cap; consequently the subscriber could make effective use of stop or limit orders to manage the volatility to suit their own risk tolerance or to possibly improve upon the model’s entry or exit points. Trading opportunities will not occur every day and there will be extended periods when this model is not fully invested. Accordingly Sky Hawk might be considered as an aggressive supplement to a larger portfolio strategy. The trade mechanics used by Sky Hawk have been back-tested in both strong and weak market environments and been found to be robust. However the markets have a way of making fools of us all.
- 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.
This is a pay-for-performance system. Subscriptions cost $150 at the end of each
month, but only if the system has made profitable recommendations for the period.
To determine profitability, we do not look at your brokerage account, nor do
we take into consideration whether you actually placed the trades recommended here. We simply measure the system's hypothetical track
record here on the Collective2 Web site, without factoring fees or commissions. You will not be charged unless the sum of the trades during the period was profitable. (Also, we want to reassure you that a "month" means a full 30-day period. That is, you are billed only if
the last 30 days' worth of trade recommendations were profitable. So it's safe to subscribe at the end
of a calendar month; you'll still get 30 days' worth of trades.)
Sky Hawk searches for price extremes both short and long to exploit short-term reversion to the mean. Some weeks will result in frequent trades near tops or bottoms other weeks will see much less activity. With regards to the Markets patience pays well. 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.
