This is helpfull. Thanks.
Van: @VixTrader [mailto:firstname.lastname@example.org]
Verzonden: zondag 11 juni 2017 21:34
Onderwerp: [C2 Forums] [C2] Leader Board qualifications
Here is what I known. Leader board is based on c2 score. C2 score is based on a secret algo. From my experience being in top5 on leaderboard for about 7 months. You need to have your c2 score above 98 to be on the leader board. 99 to be top 10 or the front page.
I ask how c2 is calculated, they won’t give me any straight answers, I try to keep an close eye to it for about 4 month and see some correlations.
Here are the main factors:
1.number of new pay subscribers you gain each day and each week. You see people offer free months just to gain subscribers
2.popularity score, this is in the grid. Is how often your strategy is viewed by none c2 user, c2 users and clicks you got. Offer free trial or advertising links on twitter or Facebook might help this
3. Performance - I believe there is a monthly, ytd, and overall % gain. C2 rank and list the profitability and drawndown of all the strategies. Your strategy is ranked with everyone else. That’s why you see a strategy put 100% all in on amazon/tsla/vix option options. Just swing for the fences your first week. If you made the wrong call, you start over and throw the $39 away. If you got the trade right, you are on the top 10 list. After a week or a month if you get 50% or 200% of gain, you will be in the top of the ranking. Maybe the strategy only been around for 3 days.
Next ranking is draw down % or drop in account value. Same measurement they use for % of gain. I believe each day/week/month, c2 look at all the active strategies, and let say on avg in May they gain 13% and drawdown of 4%. They compare your performance and rank you. Think of it as you are competing with your peers. If you want to be in the leader board, you need to out perform and gain more than all other strategies and have a lower drawdown than your peers. That’s why you see so many short vix strategies on the leader board.
Last thing is track record, c2 score have a decent weighting track record and remain consistent.
It seems like performance is the biggest weight in c2 score. You just need to out performance all other strategies each month and have a low drawdown. If your trading instruments doesn’t take much risk or doesn’t grow much, then you need about 2 yrs of track record in c2.
Good luck! Just keep doing what your doing and grow the acct as much as possible.