Forum: System: Industrialized Forex
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| | In response to post by igor arapov of 11/17/05 (19:12) hi! Last fill buy limit eur/usd at 1.1743 was very strange.Ask price was not even close 1.1743 .I looked at the chart ti...
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HI! Igor
That the reason I am telling some good gentleman here tha C2 has it own limitation. Data feed is from Barclays and can be abit off, but it it within "market maker" spreads.
We enter a limit order BTO at 1.7143 at 18:31
Was filled EUR/USD 1.17430 11/17/05 18:55
And exit STC 1.17500 11/17/05 19:56
Normally we will change the price to 1.7146 market But it was filled by C2 at 1.7143 so we cannot change.
You can see that we do quite abit of price alterations with limit order becasue of this reason.
In most cases the fill is quite fair. We tried not to shot the market at "market". Price can be quite way out by even 5 pips.
If you are not making money for that week, please read to Matt and ask him not to charge you. We can understand. It only fair that you be charge only when you are profitable.
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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.