Forum: Collective2 Suggestions, Feedback, Questions
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| Subject: | Trade question / Selling system |
| Posted by: | Options Ninja ( C2 Score: 418 ) |
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| When: | 10/01/11 (15:22) | |
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| | On Wenesday morning I had 300 shares of LVS. During the day I bought to cover LVS. 9/27/11 13:14 BTC 100 LVS 45.74, I still have 200 shares short. Shouldn't the 100 shares I bought to cover show up on my trade history? (they are not as of today) Or is this have something to do with market to market calucation that you use when BTC shares.
On another note, I have been approached by another outside buyer that wants to buy my entire algorithmic system. In addition the buyer wants to buy my collective2 track record as well. However; the buyer is not interested in the Options Ninja brand. If I sell my system, can the new owner take ownership of the http://optionsninja.collective2.com and can that owner remove the options ninja aspect of the collective2 system and rebrand the collective2 account?
Thanks
Ninja
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| | In response to post by Options Ninja of 10/01/11 (15:22) On Wenesday morning I had 300 shares of LVS. During the day I bought to cover LVS. 9/27/11 13:14 BTC 100 LVS 45.74, I still have 200 shares short. Shouldn't the 100 shares I bought to cover show up on my trade history? (they are not as of today) Or is this have something to do with market to market calucation that you use when BTC shares....
See entire
The 100 shares already do show up. Look at the trade line: Opened 300, Closed 100.
You can see further details by "unfolding" the trade (click the downward arrow to the right of OPEN POSITIONS section).
As far as selling your system, you are free to do whatever you like. You can sell your system and the new owner can re-brand the system as he or she considers appropriate. However, C2 does keep a permanent record of all system name changes; so in theory this information will be available. |
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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.