Forum: System: Test System- Not for Public
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| Subject: | Trade the Trend - Not the News |
| Posted by: | Don Mead (Admin) ( C2 Score: 998 ) |
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| When: | 7/31/12 (22:21) | |
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| | We cannot possibly know what will be contained in the Fed's statement tomorrow or whether they will in some way hint towards or announce some form of further QE stimulus. We further cannot possibly know what the ECB will or won't announce or implement. We cannot know the ADP or NFP numbers in advance. Even if we could know these things, we still could not possibly know how much of this information is "baked in" nor how the market will weight each set of data or information.
But the good news, as said earlier, is that we don't have to know any of that to trade far more succesfully and profitably than the rest of the street. What we do need to know is the TREND of the market. And we DO know that. In fact we know the Primary Trend, The Intermediate Term Trend and the Short Term Trend, and we track these all daily {and nightly}. In the top section these trends are detailed: Primary Bull Market, Intermediate Term Uptrend and Short Term Downtrend which was triggered at 1 PM today at 1381 SPX. Those are the elements that drive our trading - not news, expected news, sentiment, targets or anticipated turning points. We leave all of that to others and simply trade the trends underway right now. Occam's Razor.
http://pro.collective2.com/
http://ssetf.collective2.com/
http://sevensentinels.com/issue/2012/article/july-31-analysis |
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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.