I say there are none. No viable competition for them.
Collective2 hiked their fees - anywhere else to go?
- Thread starter pistolpt
- Start date
Not sure if this is the right place for this, but I was curious to ask about your strategy. You say its a solid strategy, but when looking at the stats, a few things stand out.
I see you're taking profits of anywhere from about $10 to $40 or so. What concerns me is the drawdown that some of these trades have. Your most recent loss of $267 is a perfect example, but there are a good handful of trades that hit more than 0.50% drawdown. The dollar values for these are -$145, -$183, -$125, -$475, -$170, -$225, etc. Even though all of these trades ended up being closed for a profit, do you think its wise for your risk to be multiple times higher than your eventual reward? Maybe this is what you strategy is all about, but it seems very risky.
Please elitraders moderators since he confess that he is《just 》going to take a lollipop per post on c2 advertising please put on him a c2 logo. that would help to clarify with who we are talking on your website.
Quite a rude post from you.
So what is C2, and why should I "do it"? I think I read in a previous post that they have an annual fee of $400 to use their service?
Why would one do that when they can get a CME package for $180 per year? I briefed through the C2 site, and couldn't find on what they were really on about, probably because I am le tired and spent a quality 13 seconds of time on it. The flash and garishness turned me off. They are a prop firm?
hahaha
Let me see, you are commenting in a thread where you don't even know what the discussion is about, and couldn't even figure out what the company does, after visiting its site, although they have clear explanations there.
Congratulations! I won't be rude to you, because we have to respect the mentally handicapped...
Listen people, if you think C2 is too expensive either move out of your mom's basement and get a real job, or go and use one of its competitors. That simple.
Last note: No sane subscriber would want to sign up for a vendor who can't afford a bit over a dollar per day for running his business. Just think about that...
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He has not been only rude but he committed several abuses in his comments showing how much is disrespectful against other forum members using words like idiots, dumbass, morons, mentally handicapped and so on. If you feel that this is an inappropriate behavior to keep in a public forum, just report his comments to the moderators like I did.
At the end he just show us how low class is. And since he admitted that he gets an economical return from his inappropriate C2's sale pitch, his comments should be read with a grain of salt.
https://www.collective2.com/details/105485216
This is a system I helped design. It is still up 45% for the year after some draw downs due to a bug that C2 admitted was their fault and has since fixed.
This is a system I helped design. It is still up 45% for the year after some draw downs due to a bug that C2 admitted was their fault and has since fixed.
Gotcha, thanks for the comments.
Indeed it is a scalping system. And based on my system those drawdowns will happen. Most trades profit anywhere from $20 to $90. Win rate should be very very high, which my hope is should offset large drawdowns such as what you listed above.
I'm surprised this thread got as much play as it did. My only other comments:
-Is $234 instead of $120 going to break the bank for me every 6 months? No, of course not. However I don't like paying more for anything. I cut coupons, wait for deals, etc. In my real job I am a value hunter on the buy-side.
-With regard to "locking-in" your price for years, someone else made the correct comment. What if my system blows up? Now I have paid for a system that has a 80% (god forbid) drawdown that no one in their right mind would ever invest in. But hey, at least I "locked in" the price, right?
Read The Fucking Manual, kiddo. Please. If you do so, you realize you can restart your system for a $30 fee (so you don't do it on every Tuesday) as many time as you wish. Earlier this option was only available for test systems. Your system record still will be visible for subscribers, just like before, when you had multiple or older systems and you blew one up. So don't do it often.
Seriously people, if you guys come here with elementary school attitude and reading ability, don't get surprised if we treat you like children...