Collective2.com a site where one can establish a trading record without using real money. But anyone who is running a chatroom should be obligatory because:
1. It is cheap advertisement.
2. It gives some credibility and record to show even though it is simulated trades.
3. People could subscribe to the system and automatically follow it.
4. Extra profit from subscribers...
Now if the system is a fake one, there is a very obvious reason why not to have the system listed on C2....
After reading the responses from the last few hours, I am 100% sure the guy is fake and he is manipulating the results...
Too good to be true, so it is not....
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That website is awfully fishy. He doesn't have a clickable profile, so it is unclear how much time it took to achieve the results. It looks like he isn't active there anymore. Some of the winning systems had horrendous DDs there. All in all, not enough info...
in that screen shot it shows at the bottom "connected -ninjatrading continuum". so he uses NT for his actual broker? My NT says "connected -interactivebrokers" -as IB is my broker
Do you know if NT is his broker is and have you seen his last years actual PNL?
why doesn't he show his actual trading DOM so that his entries and exits are seen perfectly clearly> obviously it is part of his marketing to show when he is in profit as your screen shot shows.
He shows he trades on his chart trader when in them. Also shows his PNL for each instrument daily on chart trader. Why he doesn't use a DOM idk .. You could always go in the room and ask. But the trades are clearly there on the charts when he makes them.
If you think something fishy is going on, don't join. Pretty simple IMO.
I paid for a service because I think there is value. I'm not affiliated with him in any way.
Your questions would best be directed at him .. Send him an email and see if he replies with the answers. Join the room and ask during the daily Q&A session. Maybe that would clear it all up for you.
i have made a bit of a study of trading rooms over the last 10 years. I don't doubt you are genuine and convinced that he is some sort of genius trader. I have felt the same way, for a while, over more than one room. It's human nature to want to trust people, this is why cults are so successful.
Anyway time will tell. Let's see if you feel the same in a year.
And if he does start showing a live DOM, and actual account details on daily basis, let us know> I will jrejoin and give an update of my experience then.
I might seem unfair on kz but here is a story when i was on elitetrader back in 2007. A few of the es traders promoted, sincerely, a room where the mod was trading up to 100 contracts a trade. Making hundreds of thousands of dollars a month.
But then some suspicious types asked for evidence .
Oh dear. One of the bigger traders wondered why he hadnt heard of the mods name- since he would have heard of someone doing that size..
After dozens of posts from both camps it turned out it was all on sim. I think The thread has been removed as possibly ET was threatened with legal action. I think The ctfc investigated too but i heard he restarted a room under a different website..
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