Forum: Collective2 Suggestions, Feedback, Questions
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| Subject: | "Typical" broker commissions |
| Posted by: | Massimiliano Romiti ( C2 Score: 634 ) |
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| When: | 1/06/11 (6:41) | |
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| | Hi,
I think that adding broker commissions is a very good idea. The problem is that the broker commissions now on C2 are not typical at all, are completely out of reality, expecially for low priced stocks. For example:
12/1/10 9:31 BUY 8,200 CTIC 0.36 12/2 9:32 SELL 0.37 ($115)
$ 197.00 are not typical broker commissions! Almost 7% of trade value!
Commissions for this trade would be way below 50 $ with 99,9% of the brokers out there. My system (see link below) has accumulated 950 $ of commissions here on C2 for 27 trades against 189.70 in real life with Interactive Brokers (I can provide my statements). This is highly unfair.
The question is:
Am I Wrong?
If I'm not wrong I would like to know if and when commissions will be adjusted.
Thank You.
Max
Algo Quant A.T.S. |
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| | In response to post by Massimiliano Romiti of 1/06/11 (6:41) Hi,
I think that adding broker commissions is a very good idea. The problem is that the broker commissions now on C2 are not typical at all, are completely out of reality, expecially for low priced stocks. For example:
...
See entire
Agreed. We'll try to work on this on the next version of the commission calculations feature. Should be within the next 1-3 weeks. |
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| Subject: | "Typical" broker commissions |
| Posted by: | Massimiliano Romiti ( C2 Score: 634) |
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| When: | 1/06/11 (18:11) | |
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| | In response to post by Matthew Klein of 1/06/11 (8:44) Agreed. We'll try to work on this on the next version of the commission calculations feature. Should be within the next 1-3 weeks.
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| Subject: | "Typical" broker commissions |
| Posted by: | Rafael Paez ( C2 Score: 865) |
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| When: | 1/07/11 (8:11) | |
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| | In response to post by Massimiliano Romiti of 1/06/11 (18:11) Thanks
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| Subject: | "Typical" broker commissions |
| Posted by: | simon sung ( C2 Score: 975) |
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| When: | 1/07/11 (11:45) | |
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| | In response to post by Rafael Paez of 1/07/11 (8:11) I totally agree with Massimiliano.
[LINKSYSTEM_55660543]
May I suggest that rather than a typical commission, C2 uses the "minimum" commission that is out there for each market? this way it is a benchmark that can't be bettered. |
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| Subject: | "Typical" broker commissions |
| Posted by: | O M G ( C2 Score: 909) |
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| When: | 1/07/11 (14:19) | |
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| | In response to post by simon sung of 1/07/11 (11:45) May I suggest that rather than a typical commission, C2 uses the "minimum" commission that is out there for each market? this way it is a benchmark that can't be bettered.
Perhaps we could call them deep discount commissions.........quoting the lowest of the gen 3 providers. |
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| Subject: | "Typical" broker commissions |
| Posted by: | Aaron Bompus ( C2 Score: 772) |
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| When: | 3/02/12 (0:53) | |
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| | In response to post by Matthew Klein of 1/06/11 (8:44) Agreed. We'll try to work on this on the next version of the commission calculations feature. Should be within the next 1-3 weeks.
Thanks for working on this Matthew. This has bothered me for a while since the "typical" commissions are nowhere near close to most actual broker commissions, especially with low price stocks and smaller trading systems. |
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| Subject: | "Typical" broker commissions |
| Posted by: | Trend Decision ( C2 Score: 275) |
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| When: | 3/02/12 (9:25) | |
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| | In response to post by Aaron Bompus of 3/02/12 (0:53) Thanks for working on this Matthew. This has bothered me for a while since the "typical" commissions are nowhe...
See entire
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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.
