Is it really 5 free trades, or just 1.5? Please clarify this for us. Thanks.
it’s 5 trades whether opening or closing, and it’s not enough imo.
Open, close, open, close, open. Most you could is have 2 closed positions, and that’s assuming you don’t miscalculate one of the trade entries and have to re-enter something because that will count against you as well. In other words it just has to be entered, not executed.
I think it should be 5 positions opened and closed, ie 10 trades, (5 BTO’s and 5 BTC’s) and executed trades, not just entered without executing (errors).
It would be very nice to hear an answer directly from Matthew.
The trial period for people who want to create their system on C2 is five signal entries, regardless of what happens to the signal entry (i.e. regardless of whether it is filled, rejected, expired, etc.).
Clearly this is not a rich and immersive demo experience. But it’s not meant to be. It’s just designed to let you fool around with the platform a bit, see the various options you have, and try it out briefly.
We ask people who create a system on C2 to pay rather early in the process, for a variety of reasons. One is the economics of customer support: there is a high degree of correlation between the people for whom long free trial periods are attractive and the set of people who require high levels of customer support. (Or to state this rule in a more crass way, generally you can be sure that the people who require the most support and hand-holding during a free trial will never become paying customers.) So the payment model is partly an attempt to separate out the “serious” system creators from the people that just want to fool around but aren’t very committed.
In addition, requiring payment relatively early in the process is part of C2’s philosophy of insisting on public go-forward commitment to a system. If we allowed trials to stretch for long periods of time, only those systems that randomly turned out to be successful would be paid for. Requiring an early payment essentially asks people to commit to their system before the results are in.
Of course this method of requiring “commitment” is not perfect, and can be somewhat gamed; and of course also $98 bucks isn’t a tremendous amount of money to some people, so there is still a temptation to start a system, pay for it, and see what happens… but even so, this system still seems better than the alternatives.
It might change in the future, but for now, this is the thinking behind it.
