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 following stats are goals only based on hypothetical backtesting over 2 years involving over 100 trades. No performance can be guaranteed, and the actual real-world results may be vastly different from these goals
System trades average 1 trade weekly.
% winning trades 70%
% losing trades 25%
% breakeven trades (plus-minus $100) 5%
risk-reward are almost equal for every trade. This trading system is not for the weak of heart minimum profit-loss around
$3000 although you may adjust accordingly to you own objectives ie. mini contracts. System is comprised of strict technical parameters to enter each trade. Each trade then has exact risk- reward stops in place. System trades almost all commodities. Most trade entry recommendations are issued by 8 pm EST to take advantange of over-nite trading for the next trading day.
- 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 14 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 $300 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.)