Collective2's Official Position on Online "Identity" at C2

[e-stat]

@_J

The way I see it, there are really 3 main issues that keep coming up over and over again, and that have fairly easy solutions, but that C2 hasn’t addressed for whatever reason.

#1 – Gaming the bid/ask spread – simple solution – if the strategy has no subscribers, wait for the price to trade THROUGH the spread before logging the trade.

#2 – There is no easy way to see how much risk was actually taken to achieve the posted returns – fairly simple solution – do a “Stress Test” like Interactive Brokers does, calculating what a simulated one day 10/20/30% drop in the stock market would do to the strategy, display the current score and the historical score. It’s giving subscribers a hugely important tool to help them make informed decisions.

#3 – People crashing and coming back with a new identity and “clean slate” – moderate solution – verify system owners’ identities like cryptocurrency exchanges do, and if people return, make them carry on their old accounts.

I understand from a business perspective why C2 doesn’t do #3….but #1 and #2 would add so much more credibility to C2 and the strategies it hosts – I don’t understand why something like that hasn’t been done.

Well, at least that’s the way I see it.

Matthew has addressed David Juday’s issue #3, which David even states he understands why C2 doesn’t do from a business perspective. Although, if only “track records matter”, all reasonable efforts to keep a leader linked permanently with their past track records is what is really being asked for.

But issues #1 and #2 haven’t been addressed at all. A stress test for all markets is probably a huge task to expect of C2 and perhaps impossible to apply to futures, options, and forex, where markets may be continually monitored, but stops not necessarily placed in the markets. But for #2, how about eliminating n/a from any individual trade max dd (sometimes high dd is masked by n/a), and making sure that the max dd at the top of the system page isn’t less that the max dd shown for a specific trade below (this does happen). And working to make simulated trades have a reasonable reality to fills and liquidity in the real world-like TRADING THROUGH the spread. Issue #1 and David Juday’s solution for issue #1 should be a no-brainer and easy to do.