Moving average must be less than age of system, which is 692 days.
Instruments
Mostly Futures; (some stocks)
Strategies
Technical analysis, Market timing
System started
6/23/2010 (23 months ago)
System developer
. (Last login to Collective2: 7/31/11 10:29)
C2 Score: 163
What is the C2 Score?
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.
System creator requested that closed trades data below be delayed by seven days.
Live brokerage trade data is available for this system. Show broker data?
Hypothetical Trading Results
Opened ET
B/S
#
Symbol
Price
Closed
Price
Risk
P/L
7/1/11 15:47
BUY
14
@NQU1
E-MINI NASDAQ 100
2366.02
7/14 13:25
2353.18
Extreme
($3,790)
7/6/11 1:55
BUY
5
@ESU1
E-MINI S&P 500
1343.30
7/11 21:33
1337.80
Very
($1,445)
7/1/11 15:01
SELL
4
@NQU1
E-MINI NASDAQ 100
2359.12
7/1 15:44
2358.88
Low
($36)
7/1/11 14:54
SELL
4
@NQU1
E-MINI NASDAQ 100
2357.50
7/1 14:59
2359.25
Low
($196)
7/1/11 12:17
SELL
12
@NQU1
E-MINI NASDAQ 100
2352.46
7/1 14:53
2356.62
High
($1,168)
6/21/11 3:28
BUY
10
@NQU1
E-MINI NASDAQ 100
2278.68
7/1 12:15
2310.43
Extreme
$6,210
6/16/11 10:56
BUY
2
@NQU1
E-MINI NASDAQ 100
2210.00
6/16 13:42
2200.00
Normal
($428)
6/15/11 15:12
BUY
2
@NQU1
E-MINI NASDAQ 100
2202.00
6/16 1:44
2199.75
Low
($118)
6/10/11 16:03
BUY
3
@NQU1
E-MINI NASDAQ 100
2216.42
6/15 15:11
2200.00
Very
($1,027)
6/10/11 10:45
BUY
10
@NQU1
E-MINI NASDAQ 100
2226.40
6/10 14:25
2223.61
Normal
($698)
6/5/11 18:05
BUY
6
@NQU1
E-MINI NASDAQ 100
2267.60
6/10 10:40
2247.19
Extreme
($2,534)
6/6/11 15:13
BUY
4
@NQM1
E-MINI NASDAQ 100
2262.41
6/10 10:40
2242.50
Extreme
($1,649)
6/6/11 14:57
BUY
4
@NQM1
E-MINI NASDAQ 100
2277.12
6/6 15:12
2274.31
Low
($281)
6/6/11 0:31
BUY
3
@NQM1
E-MINI NASDAQ 100
2290.25
6/6 14:56
2280.29
Normal
($640)
6/1/11 0:45
BUY
18
@NQM1
E-MINI NASDAQ 100
2350.05
6/3 15:00
2319.52
Extreme
($11,242)
How to see live brokerage trade data
Below, just click on any of the icons. This will pop up a window showing you who is trading this in a live brokerage account, at what trade size, and what prices the trader received. This will allow you to compare broker data to the hypothetical results you see below.
I'm going to keep "Faith in Research" on my watch list to remind me how things can go so right and then so wrong with no recovery. Provider stuck by his system all the way to the end. Had what appeared to be a good strategy, communicated about trades and answered questions promptly. Even limited number of subscribers so he could concentrate on the trades. It was going to be perfect.
June 6, 2011 from AutoTrader
Another typical system here at C2. Two or three months up with luck, afterwards collapsing like a dead horse. What kind of logic do these "systems" have? My conclusion is that no futures-trading-systems at collective2.com will live longer than 12 or 24 months. That's true. Every new person who enters this site should consider this.
June 6, 2011 from AutoTrader
System has duly blown up due to the vendor taking huge gambles and not managing losing positions and cutting losses. With hindsight, the "systems" early "success" was just luck which has now run out.
May 2, 2011 from AutoTrader
I am sorry to say,
but this morning (ET 5/2/11 3:02) a huge loss was incurred due to a wrong signal resulting in a loss of -130%. I know because I subscribed to this system. Clearly a mistake. I don't know whether this is due to Collective 2 or the system developer, but it would have been wiping out your account in a matter of minutes. I have traces, for the interested...
Any case, a few hours later , statistics are corrected and do not reflect any longer the real situation... Do not trust the statistics on this system, they are not reliable any longer..
March 29, 2011 from AutoTrader
Just one Word: SILLY!
Cant seem to figure out whether its coming or going.
And now the developer wants to charge an "incentive" fee by varying his rates based on previous months performance. So after losing 28 percent in March, what is the fee going to be next month? Minus $200?
Feb 3, 2011 from AutoTrader
I joined Faith In Reach for almost a month due to its excellent result of the last 4 months. During this one month, there were a lot of mixed results. A gain in one week can virtually wiped out in one day. At time I can be nervous about the pending trades but the developer seemed to pull good number over all despite of some quick and deep pull back. I will stay with the system as long as the overall results are good but will not be surprised if deep and quick Draw down occurs. I'm trading this system along side with other more diversified and matured systems. Hope the developer of Faith In Research can continue his magic to obtain good numbers.
Jan 25, 2011 from AutoTrader
A few people must have dropped out of this system with the recent drawdown, since it is again open to new subscribers. It may not be open for long. The vendor does take risks and has incurred some pretty significant drawdowns, but that is to be expected with the sizeable gains he seems to consistently make. I personally think $30K is too small of an account to trade this system at the recommended trade sizes, but I probably have a lower tolerance for risk than some. If he can keep up these profits after a full year without blowing up the account, I will definitely bump up my review to 5 stars. For now I am tentatively impressed and enjoying the ride.
Jan 21, 2011 from AutoTrader
Big draw down last couple days.
Jan 14, 2011 from AutoTrader
review space is limited, so key points are: - developer helpful and responsive - good use of risk management/stops - does not seem to keep losing trades open in the hope of it recovering (to improve stats) - great returns so far. Slippage has been a negative for me, but still best i've found on C2 so far. best wishes!
Jan 7, 2011 from AutoTrader
Finally ,a system that really works Thank you Thomas for making this system available I would highly recommend this system
System Description
The system is not accepting new subscribers.
- 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.
The system is not accepting new subscribers. read more...
- 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.
icons. This will pop up a window showing you who is trading this in a live brokerage account, at what trade size, and what prices the trader received. This will allow you to compare broker data to the hypothetical results you see below.
