Forum: System: Prolific Turbo Trading System
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| Subject: | Prolific Turbo Trading System (PTTS) |
| Posted by: | Glen Brown (Admin) ( C2 Score: 982 ) |
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| When: | 4/24/09 (12:29) | |
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| | The Prolific Turbo Trading System (PTTS) works well over the first 100 days since we start this system. I have analyse each trade and have made a few changes inorder to reduce drawdown.<p>
We will review the performance of this system over thenext 100 days. |
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| Subject: | Prolific Turbo Trading System (PTTS) |
| Posted by: | Index ( C2 Score: 976 ) |
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| When: | 4/24/09 (12:46) | |
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| | In response to post by Glen Brown of 4/24/09 (12:29) The Prolific Turbo Trading System (PTTS) works well over the first 100 days since we start this system. I have analyse each trade and have made a few changes inorder to reduce drawdown.<p>
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See entire
Except half ($3417) of your profit came on one out of 50 trades, on 4/8/09. So you need to ask yourself whether it performed well, or if it is partly luck... |
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| Subject: | Prolific Turbo Trading System (PTTS) |
| Posted by: | Glen Brown (Admin) ( C2 Score: 982 ) |
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| When: | 4/24/09 (13:10) | |
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| | In response to post by Index of 4/24/09 (12:46)
Except half ($3417) of your profit came on one out of 50 trades, on 4/8/09. So you need to ask yourself whether it performed well, or if it is partly luck...
Thanks for your feedback, you are correct. luck plays a minor part of any trading performance.
However in trading one trade can determine the overall result!
It is a trend following system and we were able to ride the trend on that particular trade which improve our overall performance.
If you look at the equity curve we were able to avoid a massive drawdown in our equity<p>
I believe the adjustments that was done today with the settings should improved the win ratio.
As you know no trading system is perfect but when we take into account the current market conditions the system perform well.
The drawdown is still below 3%.
Again thanks for your feedback and I look forward to your future analysis of this trading 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.