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    98% of Traders Fail? Says Who...?

    95-98% is accurate and the more they trade, the more likely they are to fail. Yet, each and every day, very bright people--most of whom were successful in their old "professions" come into the market and think they're smarter than the next guy only to eventually face defeat and losses...
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    potential loss on es trading

    Your maximum loss can exceed your equity but most brokers have electronic fail safe mechanisms to close you out before they are at risk. The sad truth is you are highly likely to lose it all (especially in a pipsqueak $5K account) unless you stop trading and withdraw the balance before it...
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    what's the deal with collective2?

    No doubt; however, the average Joe who is a subscriber to C2 can't avail himself to the strategies and commensurate returns of a market maker, so the S&P is arguably the best benchmark to measure performance against the C2 system developer population.
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    what's the deal with collective2?

    In reality, it doesn't make much of a difference if the trades reported are sim or live. A subscriber who is autotrading will experience slippage regardless. So, if the results the subscriber gets in his live autotraded account are reasonably close to the developer's he should be satisfied...
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    what's the deal with collective2?

    I have recently started posting trades on Collective2 with 2 systems. I'm not going to identify them now at the the risk of being self serving and promotional. However, in 3 months or so, I will regardless of my performance. Despite the reporting errors on C2 with Ninja, I am not going to...
  6. R

    No one on EliteTrader will beat the market… here is why

    I beat the market albeit not everyday.
  7. R

    The secret that all the Guru's are desperate to keep hiden.

    Wow, you really do add value to this thread. Thank God you're here to correct us.
  8. R

    what's the deal with collective2?

    This came from the horse's mouth so to speak.
  9. R

    Trading strategy to sell

    OP, can you translate your post into English. Thank you.
  10. R

    what's the deal with collective2?

    YW. Many people have asked C2 to publish the number of active subscribers to the system profiles, but that has fallen on deaf ears. I don't know why. Good developers earn between $10,000 and $15,000 per month. The very best (a handful) earn over $20,000 per month. Look, you have...
  11. R

    How I saved $10,000, sorry Gurus

    Top 3 worst Gurus and their storefronts. 1) Franz Shoar (Bulls Eye Traders) 2) Sam Baum (Edge Traders) 3) Alex Wasilewski (PureTick)
  12. R

    Pivots do NOT work

    OP, your thread title is correct. Well, they work some of the time, but not enough to make a consistent profit. And you could have added all the rest of the garden variety indicators and price action patterns available on most trading platforms and books, too. Is anyone surprised?
  13. R

    what's the deal with collective2?

    Many good replies here. The bottom line for me is C2 is a good concept, but the platform for executing that concept, namely, C2, is deeply flawed. C2 is a neophyte with lots of growing pains compared to Futures Truth.
  14. R

    what's the deal with collective2?

    You are correct; however, those are trades by subscribers, not the developer. You have no clue if the developer is trading live or in sim. And if you look at enough of those subscriber trades, you will see different fills for seemingly the same trade. As a result, those trades, too, must be...
  15. R

    what's the deal with collective2?

    NT doesn't want to report the actual fills, because they would not necessarily be representive of what an auot-trader following the system would get, so they fill at bid-ask spread as if it were a market order. The only way for you to learn if the system is live or Sim is to contact the...
  16. R

    what's the deal with collective2?

    No, Ninja sends a report of what the bid/ask was at the time the prder was filled and C2 reports the bid if its a sell and the ask if its a buy. Two words: Think slippage and lots of it. Also, if you have a multi broker account, Ninja can send SIM trades.
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    GForceTraders

    Oh, and here's another tidbit. The attachment is a copy from the website showing one of the developer's great trading days (I love when they cherrypick those for the public.) So, I asked if all those trades were all called by the system, which resulted in a 100 point day. Vadim emailed me...
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    GForceTraders

    Do you like the frenetic action of the ES? Does trading with a 15 point stop give you goosebumps? How about holding an overnite position with NO STOPS to get your blood pumping? Well, you can have that and more by subscribing to this $175/month call service and all the time know absolutely...
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    what's the deal with collective2?

    He is arrogant, indeed. If Ninja is the root cause of the problem, Matthew wil hint that you should change vendors, since the ultimate responsibility for everything is the developer, not C2. So those of us who run a real trading business should find another way other than our tried and true...
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    what's the deal with collective2?

    They won't do that. Instead, they will look at their autotrail report and if the posted trades match their paperwork from the transmitter of the data, the conversation is over and the trades don't change. You have to have an extremley compelling case before Matthew changes anything; for...
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