Forum: Trader68 Support Forum
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| Subject: | Converting entry and exit limit orders |
| Posted by: | Timothy Sutton |
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| When: | 2/02/10 (12:19) | |
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| | I am having problems with converting both entry and exit limit orders to market orders after Collective2 has filled. Any suggestions?
Thanks. Tim |
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| Subject: | Converting entry and exit limit orders |
| Posted by: | Trader68 Support |
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| When: | 2/02/10 (15:23) | |
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| | In response to post by Timothy Sutton of 2/02/10 (12:19) I am having problems with converting both entry and exit limit orders to market orders after Collective2 has filled. Any suggestions?
Thanks. Tim
Hello Tim,
It can be handled one of three ways:
1. Per Account (i.e. IB)
2. Per Portfolio (i.e. C2 System)
3. Per Asset (i.e. GOOG)
To do it per Asset, simply double-click on the asset and go to the Order Details tab. In that screen at the very bottom, there are drop down list for "Convert Limit Orders to Market Orders". One of the option is specifically for after Collective2 reports a fill and then you would fill in the time duration you'd like it to take action. This needs to be done for both Entry's and Exits.
Now to do this for an entire portfolio or account, simply double-click on either the account or portfolio and then click on the asset type (i.e. Stock Defaults, Futures Defaults or Forex Defaults) and select the Order Details tab and follow the instructions above. After hitting Save, be sure to click on the button that says "Copy Defaults to Assets" so that those settings will be applied to any current assets in the portfolio. From that point on, any new assets will automatically receive these defaults.
Thanks,
Steve @ Trader68 Support |
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What is the C2 Score?
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.