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.
I have set 90 days as free because if you aren't making money you should not have to pay. This gives you plenty of time to test the system. This has to be one of the easiest systems to trade on Collective 2. We will only trade at the market open and there will be no mid day trades eliminating the need for any auto trading although you certainly can use it if you choose. 5 minutes before market open is the total time you need to spend with this system. I have designed this system for those of use that have busy lives and can't sit in front of a computer waiting for the next trade. Conservative stops are always set and will normally be adjusted each weekend, Thanks for taking a look at this system.
- 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 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 $49 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.)
trades only on market open ~ very easy system to trade ~ no auto trading needed unless you want to use it ~ you only need to spend 5 minutes a day before market open ~ conservative stops are always set and will normally be adjusted each weekend 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.
