HI Matthew, I dont know if you will be comfortable with this question, but you dont have to answer it. I will understand 
.
What is the highest number of subscribers a system has ever got here on C2?
After seeing that systems like Hawkfx has over 50 000 views, that makes me wonder. Again, If you dont want to answer, Just Skip 
The number of subscribers is a meaningless number. The more useful number would be the # of subscribers X subscription price. 20 subscribers at $50/month is equivalent to 1 subscriber at $1000/month.
Which one would you rather trade? I prefer the higher priced one (for obvious reasons) provided the cost justifies the price. I also suspect that the 1 subscriber who is trading the higher priced system would want the price to remain that way so as to minimize slippage on fills and would like not to advertise his subscription or number of subscribers (a message to MK) and so may also be less prone to write reviews of that system.
Most Hawk-FX âsubscribersâ actually opened managed accounts with the great one. Thus they wouldnât show up as subscribers on C2. (Only the zero star reviews show up.) Just as well on that one
Hi Brian, Appreciate your contribution of thoughts.
You said: "I also suspect that the 1 subscriber who is trading the higher priced system would want the price to remain that way so as to minimize slippage on fills"
Do you mean slippage trade fills? If so How would the number of subscribers affect my trades entry?
The reason why I rather to keep my system own review space empty to let subscribers write it for me, this way The system review will be written by big number of people; Thus, establishing trust with clients.
"I personally preffer reading peopleâs review on a system to get the Idea on how it works, because most vendors tend to lie about it"
Look at every failing system on C2, you will find their Vendors reviews trying to make it look as a Holly Grial.
But ofcourse C2 system blocks them from scaming people by showing the reality of their trades.
The way how I see it, the more subscribers you get, the more advertising will be. Which will get you more invistors.
If you get 3000K to manage, and make more than 100% profit on the capital SAY every three months and charge 20% off the profit. That will get you 600K every three months period, Which will be better than just charging 1K amonth for 200 subscribers.
Do I make since? Or do I sound too optimestic?
I donât know about the highest number of subscribers, but it seems you can get a ballpark estimate of the current number of autotraders for some systems, as C2 shows the number of trades on which the slippage calculations are based.
good work ST.ga
Could you or anybody explain what slippage is ?
And what does it have to do with number of subscribers?
Slippage is the difference between the price at which an order was executed according to C2, and the price at which the order was executed in your real broker account. In a broader definition you can include everything that leads to a difference between the gain at C2 and the gain in your real account, such as orders that were not filled.
Consider a system that has autotraders, like extreme-os. In the Statistics table you see this:
Cumu $ $616,670
after typical commission $559,864
and real-life slippage $561,869
Next to the last number there is a green question mark. When you move your mouse over it, a tooltip appears that explains how it was computed. Part of this will say how many trades of autotraders were analyzed. If the system had 1000 trades and the autotraders made 30,000 trades then there must be at least 30 autotraders. However, I donât know of the reported number of trades counts the round trips or only one side of the trade; so perhaps there are only 15 autotraders. And probably many autotraders were not subscribed during the whole history of the system, so if the system is active for two year then it could be that there were 0 autotraders in the first year and 60 (or 30) in the second year. Nevertheless this gives an idea of the average number of autotraders during the entire history. Autotraders usually miss some trades, so the average number of autotraders would be slightly higher than this.
Excellent explanation, Jules. I was typing up something myself, but you were faster (hooray!). I think what you want to do is write down the current number of executions (A), wait for a certain number (B) of trades to have passed and then write down the new number of executions ©. You then take (C-A)/B or (C-A)/2*B as a rough estimate on the number of autotraders. This all assumes the number of executions shown is indeed the total number of executions and not some random sample.
1 Like
edit: the second formula should read (C-A) / (2*B)
"you were faster"
This please me no end. But what you wrote is smarterâŠ
If the analyzed trades are only a sample then you will still obtain a lowerbound for the number of autotraders.
Thank you Jules and science trader. Much appreciated!
Let me see if I got it right.
Lets say: Hawkfx made 300 trades.(A)
50 trades were not executed.(B)
250 trades were executed.©
(C-A)/B
(250-300)/50
-50/50
-1
So Does Hawfx owe one subscriber to C2? Just kidding
Could you give it to me in numbers?
And does it give more accurate estimations for older systems with more trades?
Its 2:00 am my time right now, So maybe I should think it out when I wake up tomorrow. Being tiered makes me too slow.
I think you should re-read Julesâ and my post and try again. Iâm afraid I canât give a much simpler explanation of the process. -1 is obviously not the right numberâŠ
lol
you are offering signals as a vendor, and donât know what slippage is???
???
> you are offering signals as a vendor, and donât know what slippage is???
Keep in mind when a vendor signs in to trade and sees âCommon questionsâ and clicks âWhat are stops and limitsâ the first words are:
"How do I use Limit Orders? Stop Orders?
(Or: âHow do I tell the system to buy/sell when X goes above/belowâŠâ)
***We probably get more angry and frustrated questions about Limit and Stop orders than any other subject.***"
IOW, many vendors donât know what a stop is! Think about that: many
folks are paying to become a system vendor before they bothered to learn what a stop isâŠ
