Welcome to NexusFi: the best trading community on the planet, with over 150,000 members Sign Up Now for Free
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community. It's free for basic access, or support us by becoming an Elite Member -- see if you qualify for a discount below.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
The things are quite clear: Topstep/other are a system that allows to earn money for oneself (if ever).
SELLING signals on C2/other is inviting known/unknown investors - means familiy/friends PLUS 3rd party
to join while accepting a monthly fee upfront.
This is the reason why on fio every member doing so will be classified as a vendor: forget about journals.
I think that it is implicated as neither Mike nor Rod answered my question in my previous post here.
As I mentioned: It is a DILEMMA. Discussions may boil from now
That would be a shame, but I can understand the dilemma and have no problem with whatever the final decision is.
To me the C2 route looks useful as a potential behaviour modifier, towards a better style of trading that might help to prevent short termism, jumpiness and order fiddling. The C2 platform will clearly not produce a marketable return from any approach or strategy that still does that, so for me that was a big plus in seriously considering it as a personal cricket bat. Maybe that's just naivety on my part.
Of course, on a different note it would still be a long road to getting funding coming in rather than going out..., so to be immediately classed as a vendor might be a little rose-tinted anyway.
Maybe a viable route can be found, and hopefully Mike continues to make good progress on the health front so we can get a yay or a nay.
We don't publish subscriber stats. Most profitable strategies with a track record greater than 6 months attract subscribers.
No information constitutes a recommendation by Collective2, its agents, affiliates, employees, or guest contributors, to buy, sell, or hold any security, financial product, or instrument mentioned or discussed herein or to engage in any specific trading or investment tactic or strategy. Online trading is risky. The risk of loss in online trading of futures, stocks, options, and foreign currency is substantial. All results on Collective2 are hypothetical data. Learn what this means
We are not currently listing the number of subscribers to each strategy. We do show if a strategy has live subscribers through several icons that indicate so and we also show new subscribers temporarily on the strategy page under the Summary Statistics. If a strategy has subscribers that are AutoTrading, you can view the Trade History and see an approximate # of subscribers through the live fills.
Re: a subscriber sharing trades with others - This is simply not an issue. Is it possible sure. But we don't see it in practice. Investors in the C2 marketplace are interested in AutoTrading and automation, not watching for an email or trade they have to place on their own. And I wouldn't want to be part of any investment club that is knowing gaming a system, especially one impacting fellow traders/investors.
C2 subscriptions are purposely NOT based on the number of contracts traded. There are other "futures systems" vendors with this model and it attracts much smaller average account sizes for a variety of reasons. C2 investors have self-directed accounts where the scaling is limited based on AT Plan levels. Remember, as a Trade Leaders you are free to set your own price. Keep in mind, we want to be a marketplace where a leader ccan trade 1 contract or 25 and investors with all sizes of accounts can choose to subscribe if the price is right.
Yes, we are working on a pay if profitable feature.
No information constitutes a recommendation by Collective2, its agents, affiliates, employees, or guest contributors, to buy, sell, or hold any security, financial product, or instrument mentioned or discussed herein or to engage in any specific trading or investment tactic or strategy. Online trading is risky. The risk of loss in online trading of futures, stocks, options, and foreign currency is substantial. All results on Collective2 are hypothetical data. Learn what this means
Anyone that experienced an invalid SSL certificate error in the last 12 hours while trying to register for the webinar, can now try again -- the problem has been corrected. Sorry for the trouble.
It is my pleasure to welcome back Rod Casilli @ Collective2 for a webinar on Thursday, February 8th @ 4:30PM Eastern US.
The title of this event is "Automation and Strategy Development For Non-Programmers", and bullet points include:
- Learn how to get out of the discretionary, point and click grind and turn your trading ideas into a fully automated trading strategy
- How to generate trading ideas appropriate for automation
- What strategy tools and platforms work best for beginners
- Common mistakes when creating strategies and traps to avoid
- When you might need to hire a programmer
- How we design, test, build, and deploy strategies at Collective2
