NexusFi: Find Your Edge


Home Menu

 





Anyone on Collective2?


Discussion in Trading Reviews and Vendors

Updated
      Top Posters
    1. looks_one Autobot with 2 posts (0 thanks)
    2. looks_two Zoethecus with 1 posts (4 thanks)
    3. looks_3 Quick Summary with 1 posts (0 thanks)
    4. looks_4 mattz with 1 posts (1 thanks)
    1. trending_up 3,942 views
    2. thumb_up 5 thanks given
    3. group 3 followers
    1. forum 4 posts
    2. attach_file 1 attachments




 
Search this Thread

Anyone on Collective2?

  #1 (permalink)
Autobot
Ottawa, Canada
 
Posts: 22 since Nov 2009
Thanks Given: 4
Thanks Received: 12

One frustration I have with this forum is a universal lack of objective trading statistics. Obviously most members are reluctant to share details of their strategies for understandable reasons, but sharing trading stats and performance summaries doesn't pose any confidentiality/proprietary issues (unless the stats suck, of course!). I also realize that discretionary traders have a harder time compiling stats versus automated traders.

Nevertheless, I am always looking to compare performance via trade stats to see how I stack up versus others...I'm not interested in arguments like 'who cares what anyone else is doing as long as you are making money'. Since most of us can't make use of independent accountants to verify our trading records, I'm wondering whether anyone here has an account at C2 and one or more systems that are being tracked? If so, could you point us to the system (name or C2 id number) so that we can have a look at the results?

I'll show you mine if you show me yours...

Autobot

Reply With Quote

Can you help answer these questions
from other members on NexusFi?
Ninja Mobile Trader VPS (ninjamobiletrader.com)
Trading Reviews and Vendors
NT7 Indicator Script Troubleshooting - Camarilla Pivots
NinjaTrader
Exit Strategy
NinjaTrader
Are there any eval firms that allow you to sink to your …
Traders Hideout
The space time continuum and the dynamics of a financial …
Emini and Emicro Index
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
Get funded firms 2023/2024 - Any recommendations or word …
59 thanks
Funded Trader platforms
37 thanks
NexusFi site changelog and issues/problem reporting
23 thanks
GFIs1 1 DAX trade per day journal
22 thanks
The Program
19 thanks
  #3 (permalink)
 Zoethecus 
United States of America
 
Experience: Advanced
Platform: NT
Posts: 1,145 since Aug 2009


Speaking of C2, you may find this interesting.

Attached Thumbnails
Anyone on Collective2?-howtolosemoney.pdf  
Reply With Quote
  #4 (permalink)
Autobot
Ottawa, Canada
 
Posts: 22 since Nov 2009
Thanks Given: 4
Thanks Received: 12


Zoethecus View Post
Speaking of C2, you may find this interesting.

Excellent resource, thanks. Everyone here should read this, even though it contains some uncomfortable truths.

Quoting Matt Klein:
Commit publicly to a particular trading system.
Then stand by its results, no matter what happens.

If only more people would subscribe to this philosophy.....

Reply With Quote
  #5 (permalink)
 
mattz's Avatar
 mattz   is a Vendor
 
Posts: 2,493 since Sep 2010
Thanks Given: 2,440
Thanks Received: 3,789


Autobot View Post
Excellent resource, thanks. Everyone here should read this, even though it contains some uncomfortable truths.

Quoting Matt Klein:
Commit publicly to a particular trading system.
Then stand by its results, no matter what happens.

If only more people would subscribe to this philosophy.....

publicly does not entail Real results.
Read the disclaimer on the site (no commissions and execution costs factored)

I have read carefully the book attached in this thread , and I wish it was written a bit differently.
This is so unfair to take the the approach of "look at what they do" while having some elitist approach to your own product.

Matthew has built an excellent business model and I do believe he wants people to succeed. But, I hope he will come up with promotional material that is geared towards educating the new customers. For example, the fact that all systems go through huge draw downs, not to over leverage (add positions) during winning streaks, being capitalized, length of draw-downs, etc. This in combination of how to evaluate trading reports from TS, and their drawbacks could have been a lot more constructive preparing his prospect towards the reality of systems. His own promotional material might just scare someone out of trading all together.

Finally, I do believe that amongst the "sea" of trading systems on C2, there are good systems, so I don't want to discourage anyone from going forward on anything that they did their homework on.

Trading futures and options involves substantial risk of loss and is not suitable for all investors. Past performance is not necessarily indicative of future results. You may lose more than your initial investment. All posts are opinions and do not claim to be facts. Please conduct your own due diligence. Use only Risk capital when trading Futures.
1 800 771 6748 local 561 367 8686 email [email protected]
Reply With Quote
Thanked by:




Last Updated on October 14, 2010


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts