Prediction Based Trading

Discussion in 'Journals' started by stockpredictor, Oct 10, 2020.

  1. You're not wrong. However, I don't want any subscribers.
    EDIT: the site also says they do NOT show actual performance of trades, but only what subscribers would make. I believe this penalizes short term strategies.
     
    #421     Mar 6, 2021
  2. userque

    userque

    Got it re: subscribers. You can also set it so that no one can subscribe.

    The site does show individual trades and their results.
     
    #422     Mar 6, 2021
    stockpredictor likes this.
  3. Oh okay yeah, I do want subscribers actually.

    But it shows this page here too, as shown. I don't want them to mess up my performance though, I hope it doesn't become a problem

    [​IMG]
     
    #423     Mar 6, 2021
  4. userque

    userque

    It should only be a problem if you, and your subscribers are 'moving the market' with your trades. In that case, you and your subscribers may have more slippage than you would if you were only trading your own account.
     
    #424     Mar 6, 2021
  5. Oh. I thought it was maybe some kind of time delay that would affect entry and exit times.

    I'll set the price to 149. Just gotta figure out how to do that...I managed to figure out the trading input though.
     
    #425     Mar 6, 2021
  6. Okay, done! It won't let me get subs yet because it needs to verify some things, but I need to get used to the controls anyway, so best to wait for now.
     
    #426     Mar 6, 2021
    userque likes this.
  7. userque

    userque

    Edit your strategy to change the price. Try in 'strategy management,' or something like that.

    Videos:
    https://trade.collective2.com/wistia-playlists-tabs/

    FAQ's:
    https://support.collective2.com/hc/en-us

    Also, there are a lot in answers in the forums.

    Also, explore the site. Lot's of things are explained ... so you don't have to 'figure them out.'

    Advice:
    You want to be professional, not willy-nilly, not haphazard, not lazy.

    You'll eventually find yourself managing a large amount of money, from people that wouldn't be afraid to sue you.
     
    #427     Mar 6, 2021
    stockpredictor likes this.
  8. Sprout

    Sprout

    Fwiw, regardless of the merits, sounds scammy.
     
    #428     Mar 7, 2021
    stockpredictor likes this.
  9. I've been reading the reviews on Collective2 and apparently, there's a way to hide losses: as long as you don't close the trade it won't show the loss until closed. It won't show the metrics associated either because it delays showing completed trades. You have to look at the reviews on each particular strategy to see if someone is trying to play games. However, many strategies don't have any reviews at all.

    My page is here: https://collective2.com/profile/132631257
     
    #429     Mar 7, 2021
  10. userque

    userque

    [​IMG]

    Again, you misunderstand and/or misstate.

    The graph of the strategy will update in almost real time to show loses, including open positions.

    Now here's where I think you've again, drawn a very wrong conclusion, and potentially mislead others:

    Earlier you said you can't see past trades on C2. I corrected you.

    And in that list of past trades, you won't see open trades. Why?

    Because no one would pay to subscribe for your system if they could simply watch your list of open and closed trades. Again: The list of trades doesn't include open trades.

    Additionally, a strategy manager can delay the posting of their closed trades. Why?

    One example: If a strategy manager only trades one instrument, long and short; and is always in the market, then they too would not get subscribers, but all one would have to do is watch their list of closed trades: when they close out the long, they know to go short.

    C2 has been around for a long time. That wouldn't be the case if it were scammy, or if people could hide losses.

    A strategy that could hide losses would attract all sorts of subscribers. Then ... guess what would happen if the strategy kept showing high wins, but this performance wasn't being replicated within all of those subscriber's accounts?

    Going forward, you'll have to tag me for advice; and I'll charge it to your tab. :)
     
    #430     Mar 7, 2021
    stockpredictor likes this.