Forum: System: MAGIC TRADE
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| Subject: | MAGIC TRADE |
| Posted by: | MAGIC TRADE (Admin) ( C2 Score: 675 ) |
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| When: | 10/13/10 (2:35) | |
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| | : 87.5% winning trades; 8.2:1 $W:$L ratio |
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| Subject: | MAGIC TRADE |
| Posted by: | Myth Buster |
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| When: | 10/13/10 (7:58) | |
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| | In response to post by MAGIC TRADE of 10/13/10 (2:35) : 87.5% winning trades; 8.2:1 $W:$L ratio
Good luck. I hope it does not meet the same fate as TRADESIGNAL and PROFT FACTOR. Those were your systems too, no? |
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| Subject: | MAGIC TRADE |
| Posted by: | MAGIC TRADE (Admin) ( C2 Score: 675) |
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| When: | 10/13/10 (8:09) | |
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| | In response to post by Myth Buster of 10/13/10 (7:58) Good luck. I hope it does not meet the same fate as TRADESIGNAL and PROFT FACTOR. Those were your systems too, no?
MAGIC TRADE is not tradesignal nor proft factor as you say.
Thanks .
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| Subject: | MAGIC TRADE |
| Posted by: | MAGIC TRADE (Admin) ( C2 Score: 675) |
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| When: | 10/13/10 (9:23) | |
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| | In response to post by MAGIC TRADE of 10/13/10 (8:09) MAGIC TRADE is not tradesignal nor proft factor as you say.
Thanks .
Thanks for the << good luck>> but it is not a matter of lack. It is trend following and technical analysis. Like my last trade , have a look. |
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| Subject: | MAGIC TRADE |
| Posted by: | Someone |
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| When: | 10/13/10 (13:43) | |
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| | In response to post by Myth Buster of 10/13/10 (7:58) Good luck. I hope it does not meet the same fate as TRADESIGNAL and PROFT FACTOR. Those were your systems too, no?
Thank you Myth Buster for doing some detective work and sending out appropriate warnings. |
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| Subject: | MAGIC TRADE |
| Posted by: | Myth Buster |
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| When: | 10/13/10 (14:12) | |
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| | In response to post by MAGIC TRADE of 10/13/10 (8:09) MAGIC TRADE is not tradesignal nor proft factor as you say.
Thanks .
With your latest creation what kind of drawdown is to be expected? |
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| Subject: | MAGIC TRADE |
| Posted by: | MAGIC TRADE (Admin) ( C2 Score: 675) |
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| When: | 10/13/10 (14:53) | |
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| | In response to post by Someone of 10/13/10 (13:43) Thank you Myth Buster for doing some detective work and sending out appropriate warnings.
As far as I understand you Mr. Myth buster are the clown in here. The person that knows everything. And you have the other small clowns like Mr. greg simpson , Paul Lemke.
I just told you that MAGIC TRADE is not Tradesignal or proft factor. Why do you keep on pushing thing to the limits . And something else , can you please tell me what is your system or you are here just to say nonsense . Why do you keep on attacking this system? What is your profit of this attack ?
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| Subject: | MAGIC TRADE |
| Posted by: | Myth Buster |
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| When: | 10/13/10 (15:13) | |
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| | In response to post by MAGIC TRADE of 10/13/10 (14:53) As far as I understand you Mr. Myth buster are the clown in here. The person that knows everything. And you have the other small clowns like Mr. greg simpson , Paul Lemke....
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I am sorry if you are not the creator of those other systems. If you look at them there are many similarities between MAGIC TRADE and those.
Okey dokey I will take your word that those aren't not your systems. Let's move on.
Can you please answer my legitimate question:
what kind of drawdown do you expect with this system? |
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| Subject: | MAGIC TRADE |
| Posted by: | MAGIC TRADE (Admin) ( C2 Score: 675) |
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| When: | 10/13/10 (15:21) | |
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| | In response to post by Myth Buster of 10/13/10 (15:13) I am sorry if you are not the creator of those other systems. If you look at them there are many similarities between MAGIC TRADE and those....
See entire
The system has very tight stoploss, its movements are quick accordance with the existing trend and do not expect more than 5% drawdown. Now I want you to reply to my question. Or is there a problem. |
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| Subject: | MAGIC TRADE |
| Posted by: | MAGIC TRADE (Admin) ( C2 Score: 675) |
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| When: | 10/13/10 (15:41) | |
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| | In response to post by MAGIC TRADE of 10/13/10 (15:21) The system has very tight stoploss, its movements are quick accordance with the existing trend and do not expect more than 5% drawdown. Now I want you to reply to my question. Or is there a problem.
I want the reply to my question. The same applies to the other two.Paul Lemke and greg simpson . Now.!!!!!! |
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| Subject: | MAGIC TRADE |
| Posted by: | MAGIC TRADE (Admin) ( C2 Score: 675) |
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| When: | 10/13/10 (16:25) | |
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| | In response to post by MAGIC TRADE of 10/13/10 (15:41) I want the reply to my question. The same applies to the other two.Paul Lemke and greg simpson . Now.!!!!!!
I'm still waiting for that answer you pathetic clowns!!!!!!! |
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| Subject: | MAGIC TRADE |
| Posted by: | Daniel V |
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| When: | 10/13/10 (16:40) | |
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| | In response to post by MAGIC TRADE of 10/13/10 (16:25) I'm still waiting for that answer you pathetic clowns!!!!!!!
Hahaha! This is too funny. Thank you MAGIC TRADE for providing my afternoon entertainment. Now take your anger pills and chill the f*ck out. |
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| Subject: | MAGIC TRADE |
| Posted by: | Myth Buster |
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| When: | 10/13/10 (18:13) | |
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| | In response to post by MAGIC TRADE of 10/13/10 (15:21) The system has very tight stoploss, its movements are quick accordance with the existing trend and do not expect more than 5% drawdown. Now I want you to reply to my question. Or is there a problem.
Thank you for answering 5% maximum drawdown. There are a total of 3 systems on http://collective2.com that are over 1 years old with less than 5% percent maximum drawdown. If you achieve that you will certainly be in elite company. |
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| Subject: | MAGIC TRADE |
| Posted by: | Sean Kelly ( C2 Score: 976) |
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| When: | 10/13/10 (21:50) | |
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| | In response to post by Myth Buster of 10/13/10 (18:13) Thank you for answering 5% maximum drawdown. There are a total of 3 systems on collective2.com that are over 1 years ol...
See entire
A 5% drawdown will be tough...but good luck>
How do you figure a 5% drawdown?
Don't forget a drawdown is peak to valley.
I use a 1% risk on trade entry...but add to position while in profit. I always expect more than 5% off the peak. |
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| Subject: | MAGIC TRADE |
| Posted by: | Paul Cosma ( C2 Score: 52) |
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| When: | 10/14/10 (3:16) | |
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| | In response to post by Daniel V of 10/13/10 (16:40) Hahaha! This is too funny. Thank you MAGIC TRADE for providing my afternoon entertainment. Now take your anger pills and chill the f*ck out.
Very amusing indeed, thank you all for making me smile. |
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| Subject: | MAGIC TRADE |
| Posted by: | MAGIC TRADE (Admin) ( C2 Score: 675) |
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| When: | 10/14/10 (8:26) | |
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| | In response to post by Paul Cosma of 10/14/10 (3:16) Very amusing indeed, thank you all for making me smile.
Mr. Myth Buster , I am still waiting for your answer. Why I have the impression that I will wait for a long long time ? Maybe some little bird tells me the name of your system. And what about the other clowns? |
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| Subject: | MAGIC TRADE |
| Posted by: | Myth Buster |
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| When: | 10/14/10 (9:05) | |
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| | In response to post by MAGIC TRADE of 10/14/10 (8:26) Mr. Myth Buster , I am still waiting for your answer. Why I have the impression that I will wait for a long long time ? ...
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"Why do you keep on pushing thing to the limits ."
I have no idea what this means. My first post wished you good luck.
"And something else , can you please tell me what is your system or you are here just to say nonsense ."
Since I do not offer a system here I guess I am here just to say nonsense.
" Why do you keep on attacking this system?"
Please show me how I have attacked your system. I wished you good luck asked you if you were the developer of other systems and asked about your drawdown. Hardly an attack.
" What is your profit of this attack ? "
Again what attack.
Frankly your attitude as a vendor is very funny. Yelling at people does not customers get you.
I will now put you on ignore "forever."
I will not even bother posting when you exceed your stated drawdown limit of 5 percent. My guess is that will happen before end of October. Because 5 percent is very very very small.
Are you satisfied now |
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| Subject: | MAGIC TRADE |
| Posted by: | MAGIC TRADE (Admin) ( C2 Score: 675) |
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| When: | 10/14/10 (9:08) | |
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| | In response to post by Myth Buster of 10/14/10 (9:05) "Why do you keep on pushing thing to the limits ."
I have no idea what this means. My first post wished you good luck....
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WHAT IS YOUR SYSTEM ?????????????. TELL US WHAT IS YOUR SYSTEM . |
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| | In response to post by MAGIC TRADE of 10/14/10 (9:08) WHAT IS YOUR SYSTEM ?????????????. TELL US WHAT IS YOUR SYSTEM .
Okay, guys, I need to close this thread and ask you to refrain from making further shouting and unproductive posts.
I think MythBuster asked some reasonable questions, but it appears Magic Trade would rather that Myth Buster does not post in this forum. As the owner of his own system forum on C2, that's his right.
Let's move on to more productive pursuits. Thread closed. |
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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.
