Collective2 rates every trading system creator 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 system creator will be rated more highly than a system creator with erratic results.
Beware. I autotraded at 100% for almost a year, until Oct 2010. After deducting subscription fees, commissions, slippage, and losses due to occasional autotrading sync errors, I ended up losing $15,000 as net result. This is the danger of a high frequency trading system.
July 5, 2010 from AutoTrader
Hard to say anything meaningful after just 5 days, but sticking to facts: 23 trades: 6 losses 8 wins and the rest about BE. I would have made 1926$ gross according to the autotrade page. Not bad, and about in line with recent performance .Profit was all due to 2 Dax trades (1,708 and 1,188$ respectively) and the worst losses (-970 and -650) were both on Gold, which makes me wondering and prompts some more research on past trades
Needs to be autotraded, all the more so as it looks like it uses generally market orders. So you need to feel comfortable with autotrading
Overall I thought this is a good system. This test did little to change my mind
May 21, 2010 from AutoTrader
Me parece un sistema muy consistente en los resultados en el tiempo
System Description
VT26 is volatility breakout 100% automated system with a conservative Philosohy. Its main priority to keep the drawdown on low levels with steady profit increase.
Available a complete description of the trading system in the following link:
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(10/07/2009): The system will not operate on summer vacation until July 24.
(21/08/2009): The system will not operate until August 27.
(02/11/2009): The system will not operate today (Nov., 2)
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(02/06/2008) New intraday system on the pound (@BP): incorporation scheduled on 03/06/2008. The aim is to further strengthen paragraph currencies.
(05/06/2008): Updated CL to QCL.
(06/07/2008): The system will not operate on summer vacation until July 21.
(30/08/2008): The system will not operate on July 30th and 31th.
- This System Description text was submitted by the creator of this strategy. Collective2 verifies only trading signals and hypothetical trading results. We have not verified that this text above is an accurate system description. Remember there is a substantial risk of loss in trading. Past performance is not indicative of future results. Do not trade with money you cannot afford to lose.
There is a free trial period of 7 days before you are charged.
You may cancel at any time before this (we send you an email at least a day before, to remind you, so there are no surprises.)
Then, after the trial, you will be charged $270 per month. (That is, we will charge you every 30 days - not when the month name on the calendar changes. So it's okay to sign up towards the end of a calendar month. You'll still get a full 30 days.)
VT26 is volatility breakout 100% automated system with a conservative Philosohy. Its main priority to keep the drawdown on low levels with steady profit increase.
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- This text was submitted by the creator of this strategy. Collective2 verifies only trading signals and hypothetical trading results. We have not verified the Overview text above. Remember there is a substantial risk of loss in trading. Past performance is not indicative of future results. Do not trade with money you cannot afford to lose.