Collective2 Profile

Reinhard Schu

Joined Collective2: 4/19/2006
Last Logged in: 2/04/2015

Systems Managing

RMHF Strategies
Created: 7/15/2012
CAGR: 0.86%
Last 90: -0.59%
Contango Extractor
Trades: Futures
Created: 3/11/2007
CAGR: -0.22%

Most Recent Forum Posts

6/28/2013 Why were all open positions suddenly closed? No explanation and no...
Subject: all positions suddenly closed
4/23/2013 As a subscriber, I would like to comment on the recent...
Subject: Recent Losses and Reviews
3/04/2013 I had the same question. I already have an account with...
Subject: How to setup IB for autotrading?
8/05/2012 short the stock and sell a put for a synthetic short...
Subject: trading in an ira
7/23/2012 Hi, there is only a one year record on C2, so...
Subject: Our First year on C2
10/25/2011 Turns out, Frank was not a clever guy. As I have...
Subject: Is Frank a clever guy?
8/15/2011 Jack, two comments: 1. Of course one should, in principle, use...
Subject: Irrational selling and volatility

System Notebook

Options 787

TradesMostly Options; (some stocks)
Cumu P/L$66,427
Compound Ann Return14.4%
# Trades460
Sharpe Ratio0.95
Subscribe for: $97 each month
Others writing about Options 787:

Average Rating:
Comments 5/6/12 20:52 ET:
Uncovered option seller. Will thus blow up one day.

Strawberry Rhubarb FX

Cumu P/L$8,612
Compound Ann Return10.6%
# Trades440
Sharpe Ratio0.22
Subscribe for: $59 per week - only if profitable

Average Rating:
Comments 11/3/11 4:39 ET:
Many small profitable trades and a few much larger losing trades should set off the usual alarm bells.


Cumu P/L$288,191
Compound Ann Return28.5%
# Trades487
Sharpe Ratio0.53
Subscribe for: $65 each month

Average Rating:
Comments 10/25/11 19:43 ET:
Classic high win rate "pray and hope" system. Small wins and big losers. A good system should be the opposite. The system will blow up one day. 5-start reviewers only look at win rate and do not understand expectancy.

Asset Rotation

Cumu P/L$2,411
Compound Ann Return2.7%
# Trades16
Sharpe Ratio0.30
Subscribe for: $9.99 each month

The Cake

Cumu P/L$78,080
Compound Ann Return12.0%
# Trades466
Sharpe Ratio0.69
Subscribe for: $100 each month
Others writing about The Cake:
Inga German

Average Rating:
Comments 8/28/11 14:40 ET:
This looks like a good trend following system. Inga German who comments on less than 50% win rate clearly does not understand anything about expectancy and that one can consistently make money with a low win % rate, as long as the winners are big enough.

The Cake looks nice with an expectancy typical for a good trend following system, many small losses and a few huge winners.

JV Long/Short Equity

Cumu P/L$526,336
Compound Ann Return41.6%
# Trades912
Sharpe Ratio1.69
Subscribe for: $100 each month
Others writing about JV Long/Short Equity:
Inga German
Dan Maguire
David Bowers
Black Box
Gunar S.


Cumu P/L$124,811
Compound Ann Return14.3%
# Trades1,021
Sharpe Ratio1.22
Subscribe for: 15-day free trial, then $50 each month

ETF Timer

Cumu P/L$111,337
Compound Ann Return17.7%
# Trades52
Sharpe Ratio0.89
Subscribe for: 7-day free trial, then $97 each month

Average Rating:
Comments 6/2/11 8:19 ET:
System stopped working in June 2010 and been going down since, even though the SPX has been trending upwards.

This system is probably a classic case of hindsight bias. The "success" up to May 2010 was based on a small number of trades and was likely pure luck. At that point the system attracted a lot of attention on C2 because of its "success". Subsequently the luck ran out.

Isonomy Plus

TradesMostly Options; (some stocks)
Cumu P/L$13,750
Compound Ann Return7.5%
# Trades61
Sharpe Ratio0.82
Subscribe for: 30-day free trial, then $148 each quarter
Others writing about Isonomy Plus:
Krystof Huang
Dean Marks

Shorting Options

TradesMostly Options; (some stocks)
Cumu P/L$12,435
Compound Ann Return13.6%
# Trades95
Sharpe Ratio0.82
Subscribe for: $9.95 each month


Cumu P/L$184,702
Compound Ann Return22.1%
# Trades1,401
Sharpe Ratio1.20
Subscribe for: $150 each month
Others writing about donotreply:
Dan Maguire
Emp New
Black Box

HPB Options

TradesMostly Options; (some stocks)
Cumu P/L$3,252
Compound Ann Return31.5%
# Trades40
Sharpe Ratio7.13
Subscribe for: 30-day free trial, then $75 each month
Others writing about HPB Options:
Karl A

Average Rating:
Comments 5/27/11 9:20 ET:
System sells naked options and therefore will blow up one day.

Forex Special

Cumu P/L$10,404
Compound Ann Return22.7%
# Trades337
Sharpe Ratio0.35
Subscribe for: 5-day free trial, then $99 each month

Average Rating:
Comments 5/26/11 9:51 ET:
Equity curve looks good at first glance, but this is a classic low sharpe system with many small profts taken and then the occasional large loss wiping out the profits. It has happened on several occasions in the past and it will continue to happen. Nassim Taleb calls systems like these "randomness under the carpet".