Forum: Collective2 Suggestions, Feedback, Questions
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| | In response to post by Steven S of 4/17/13 (11:13) In the free demo accounts are our signals sent out in real time? Is there a way that we can limit the number of demo peo...
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Simulated Brokerage (Demo) Accounts are no different than any other broker accounts here at C2.
People need to pay for a subscription to your system, regardless of whether they use a demo account, or a live brokerage account, or use no brokerage account at all.
However, if you explicitly chose to offer a free trial period for your system, then people are indeed able try out your system for free for the length of time you offer a free trial. (Again, it's irrelevant whether they try it out in a simulated broker account or a live broker account.)
If you don't want people to have a free trial, you can change that setting in your EDIT SYSTEM settings screen. |
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| | In response to post by Steven S of 4/17/13 (12:37) Thank you for your quick response.
Perhaps I do not understand english enough.
I just subscribed to a free demo account....
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Yes, a system that offers a free trial... offers a free trial. When a subscriber is enjoying a trial, he can see open positions, etc. After the free trial is over, the customer can not see them. If you don't want to offer a free trial for your system, you can turn that option off. |
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| Subject: | C2 policy |
| Posted by: | Kevin McGrath, Ph.D. ( C2 Score: 991 ) |
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| | User is online | | |
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| When: | 5/21/13 (10:25) | |
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| | In response to post by Matthew Klein of 4/17/13 (12:47) Yes, a system that offers a free trial... offers a free trial. When a subscriber is enjoying a trial, he can see open po...
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I'm assuming that the papertrading account results are essentially identical to the system stats? I don't see how that is very helpful - one can probably get a very clear sense of whether or not a system meets his/her needs by looking at the type of trades and trade frequency documented over the course of the system's history.
And to be clear, unless one offers a free trial period the demo papertrading account needs to pay the subscription fee, correct? I think that was the concern of the original poster - that those who have demo accounts basically have free subscriptions to the system. |
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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.
