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I don’t understand how the leader board works! Can someone please explain it? Or share a link where I can read the explanation?
I thought that the leaderboard was the ranking of strategies according to the C2 score, but apparently it’s not that way it is working. Today, for example, “Save For Retirement” it’s ranked at 82. The last strategy on the leader board is ranked at 174!
I am not saying that my strategy is better, or worse, than the one on the leaderboard. I just want to understand the criteria to be on the leaderboard.
Joaquim, I have noticed previously that strategies generally have to be live for about 6 months before they are on the leaderboard. You must be there or thereabouts. Stay patient, carry on trading well, and I would guess you’ll be on there shortly. Hope that assists.
ps I notice the one you referenced has been less than 6 months. Again, I have noticed that some do show up early. However, some do take 6 months. I think after 6 months, you’ll be sure to be featured.
The Leaderboard uses the C2Score, but requires that each instrument class is sufficiently represented. So after the Leaderboard chooses, say, the top 20 stock-trading strategies, it may next show the top-ranked futures-trading strategy, which may be less-highly ranked than the 21st-ranked stock strategy.
In other words, strategies are competing within their instrument classes (stocks, options, futures, forex) for slots on the leaderboard. The goal is to make sure investors who use C2 can see a good variety of strategies, rather than just a monoculture.
Thanks! That makes sense. So if in the grid, I sort the strategies by C2 Score, I do get an idea of which strategies will end up in the Leaderboard.
If this is correct, the last stock strategy on the leaderboard is ranked #50, with 906 points, and my strategy is ranked #58, with 891 points. So I am not too far away
I am super happy today! I have reached the Leader Board for the first time!
As you know the few last weeks have been tough to all my strategies, given that I am heavily invested in technology and biopharma. But after a few bumps in the road things are getting to normal again and I am recovering the lost gains. I guess that within 6 weeks maximum I will get back to my highest equity level with the 3 strategies.
Not a bull run, more a bull walk I stink at timing the market and when I realized this many years ago and stopped it, my investment results improved quite a bit. As a positive side effect the stress levels went from top to the bottom.
I expect SP500 to end the year around 15% higher, but I am pretty sure this will be a bumpy ride with a few fast and drastic ups and downs.
I would like to revisit the topic of my C2 Star program earnings. As you might remember I received less than it was expected, and I was somehow disappointed.
Sometime during the past week a new line showed up in my revenue report showing that I will receive this month the rest of my payment. I guess that the difference was probably due to the cut off date used by C2 to calculate the payments. Sometimes a little bit more of information can avoid a lot of misunderstandings.
So, after discounting the 2x 199USD program fees, my C2Star experience with 2 strategies ended with a profit of 768,26USD. Not bad for strategies that were not designed to survive to C2Star criteria.
About 1 month after our discussion here in this thread, “The Invincible Holy Grail” instead of reaching #1 in C2 ranking, as promised by its owner, went private and is not possible to subscribe anymore.
I don’t know what happened, because it didn’t crash and burn, but it was certainly quite far away from being #1.
More and more I believe that C2 really needs to invest in an education program for subscribers. I think it is in everyone’s interest that we help subscribers to avoid strategies that will make a significant dent in their accounts.
That’s why I stopped playing with the score workbench (https://collective2.com/manager-workbench). I got those results just playing with the strategy age, leaving all the other parameters untouched. And as you pointed out, the predictions were totally wrong.
I might be wrong, but I don’t think that when AncientTechnique claimed that his strategy would be #1 in a few weeks he was using the score workbench. I think that it’s very difficult, or nearly impossible, for any strategy under 90 days to be ranked #1 in C2.
The strange thing is that he was not doing bad. 13,6% return with 3,34% DD. But maybe his profile gives an hint that he might be a bit younger/immature than one would expect for a trade leader
@JITF Sorry, but I don’t understand your point. If you are referring to my last post about “The Invincible Holy Grail”, my posts are more than justified:
1- He came to my thread to promote his strategy. I asked him to delete the post because I don’t want a strategy that has all the alarm signs of something that it will not end well to be promoted in my thread.
2- After finishing the discussion with the trade leader, I wrote that I would check the strategy performance in 1 year
Interestingly enough I wrote this in a reply to one of your posts. And just to close the argument I just pointed out facts. He said that he would reach #1 in a few weeks, but after a few weeks he went private. I pointed out his return, and his low DD, which are also hard facts. The only opinion that I shared was that I think he is a bit younger/immature than what I would expect from a Trade Leader, which I believe is more than justified by his profile:
I have reached the Leader Board for the first time!
