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Is this the same volente_00?
- Thread starter Raystonn
- Start date
Quote from Pekelo:
It actually costs money to list your system...
Ahh...ok...thanks.
I just went to the site and it saids it cost $98 for every six months to post a system and basically $73 for additional systems.
Simply, volente_00 entered into a contest with someone or group and it cost him $98.
Out of curiousity, the person that won the contest (the trader that defeated volente_00)...
What was the performance level of the winner???
Mark
Quote from NihabaAshi:
Ahh...ok...thanks.
I just went to the site and it saids it cost $98 for every six months to post a system and basically $73 for additional systems.
Simply, volente_00 entered into a contest with someone or group and it cost him $98.
Out of curiousity, the person that won the contest (the trader that defeated volente_00)...
What was the performance level of the winner???
Mark
Pekelo was the other person. He was a good sport about it even though I won both contests. Contact him if you want to see his graph.
Quote from NihabaAshi:
My question was not about if it was intended to be sold or not nor about the math involved.
Thus, you may have mixed my comment with the comment of someone else.
Therefore, I'll ask again...
How come you didn't post two separate system because you say part of it reflects using stops (the profitable part) and the other part reflects not using stops (the losing part).
Simply, does Collective2.com have a one system limit per member?
I'm just curious if you have other systems at Collective2.com if there's no limit?
Once again, I never posted any comments to question the subscription intent nor the math of the system.
Thus, I have absolutely no need to do the math.
Also, I now have one more question.
You just mention the system was for a contest purpose only.
Any aspect of that system at Collective2.com via your own trade methodology you've discussed here at ET in reference to the entry signal and not the trade management after the entry???
Mark
To be honest it is too much work, my trades posted there were only entered after my real trades were placed. You can actually automate the system and have it fill your live orders from the website but at times the system is buggy and I would not personally trust it nor would I ever subscribe to any system there for this reason. I am a fader by heart and prefer short term trades. Unfortunately the site is not set up for this type of trading, it lags on entries and exits and at time can be slow so you miss fills. Also since the trades were secondary, often price had moved before I got filled. There is no comparision when entering trades on strategy runner dom versus the the manual site entry. Feel free to go back over the trades. When I ran it from 67k to 180k, it was done on roughly 30 straight trades with I think 2 losses using 2 to 3 point stops. When I removed the stops, the system tanked and 5 of the losing trades accounted for over 150k of the losses. I have no other systems there.
Assuming this contest was real, note that there is no way to view his "draw-up". Thus we have no way of knowing how far up a trade went before he managed to close it at a loss. This makes his real drawdown invisible, thus making it impossible to tell the minimum account size required to trade a reversed version of his system.
I highly doubt his reverse drawdown was less in magnitude than $500 per contract for every single trade, which is what he implied to be his level of margin per contract earlier.
-Raystonn
I highly doubt his reverse drawdown was less in magnitude than $500 per contract for every single trade, which is what he implied to be his level of margin per contract earlier.
-Raystonn
Quote from romik:
Volente, who the hell is going to sign up with you for $2k unless you explain what & why you did what you did? Or did you intentionally price it up at $2k so you get no subscribers?
The system has never been available for subscription. It makes you list a price when setting it up so I put 2k.
Quote from Raystonn:
Assuming this contest was real, note that there is no way to view his "draw-up". Thus we have no way of knowing how far up a trade went before he managed to close it at a loss. This makes his real drawdown invisible, thus making it impossible to tell the minimum account size required to trade a reversed version of his system.
I highly doubt his reverse drawdown was less in magnitude than $500 per contract for every single trade, which is what he implied to be his level of margin per contract earlier.
-Raystonn
Using $500 margins one could not have had the same losses due to the fact that many of the losses were 15-20 points once the stops were removed and you would at best only have 10 points of play with those margins and stopped out on margin calls.