Leader Board
Strategy Name
|
Trades
|
C2Star
|
Sub Fee
|
All time
|
Max DD
|
Return
|
Action |
|
---|---|---|---|---|---|---|---|---|
Featured Strategy
MT3 Algotrading
Manager:
MORAVIAN
|
|
$125/month Subscription fee |
New
52-Week High
New
90-day High
+1.91%
+$1,600
+4.42%
+$3,600
+0.42%
+$350
+77.3%
+$55,500
|
1+ year
Strategy age
647.21
|
(20.1%)
Maximum drawdown
|
+77.3%
Annual Returnsince Mar 31, 2023 |
Watch
Watchlist
Loading...
|
|
ares
Manager:
ares_Systemtrading
|
|
$100/month Subscription fee |
New
52-Week High
New
90-day High
+3.10%
+$3,590
+14.09%
+$14,700
+21.33%
+$20,900
+42.1%
+$94,500
|
4 years
Strategy age
1577.09
|
(14.1%)
Maximum drawdown
|
+42.1%
Annual Returnsince Sep 12, 2020 |
Watch
Watchlist
Loading...
|
|
Code5x
Manager:
Had
|
|
$76/month Subscription fee |
New
52-Week High
New
90-day High
+3.83%
+$3,850
+5.41%
+$5,350
+36.41%
+$27,700
+36.5%
+$54,500
|
2 years
Strategy age
825.23
|
(12.9%)
Maximum drawdown
|
+36.5%
Annual Returnsince Oct 04, 2022 |
Watch
Watchlist
Loading...
|
|
Code5y
Manager:
Had
|
|
$66/month Subscription fee |
New
52-Week High
New
90-day High
+4.16%
+$3,770
+5.43%
+$4,850
+39.19%
+$26,400
+35.0%
+$44,300
|
2 years
Strategy age
735.55
|
(19.5%)
Maximum drawdown
|
+35.0%
Annual Returnsince Jan 02, 2023 |
Watch
Watchlist
Loading...
|
|
Tesla S
Manager:
Andrea_Canto
|
|
$120/month Subscription fee |
New
52-Week High
New
90-day High
+7.60%
+$3,680
+43.87%
+$15,800
+58.09%
+$18,900
+62.1%
+$39,800
|
2 years
Strategy age
1036.19
|
(37.6%)
Maximum drawdown
|
+62.1%
Annual Returnsince Mar 07, 2022 |
Watch
Watchlist
Loading...
|
|
Mischmasch Junior
Manager:
Systematic_Trader
|
|
$149/month Subscription fee |
New
52-Week High
New
90-day High
+3.68%
+$3,030
+5.90%
+$4,750
+1.97%
+$1,640
+38.2%
+$43,200
|
2 years
Strategy age
732.29
|
(13.2%)
Maximum drawdown
|
+38.2%
Annual Returnsince Jan 05, 2023 |
Watch
Watchlist
Loading...
|
|
ETF Timer
Manager:
ETFTIMER
|
|
$97/month Subscription fee |
New
52-Week High
New
90-day High
(2.59%)
($3,150)
+3.60%
+$4,100
+8.80%
+$9,500
+15.3%
+$110,000
|
16 years
Strategy age
6185.33
|
(44.2%)
Maximum drawdown
|
+15.3%
Annual Returnsince Jan 31, 2008 |
Watch
Watchlist
Loading...
|
|
Leveraged Momentum
Manager:
RickAllen
|
|
$35/month Subscription fee |
New
52-Week High
New
90-day High
(1.64%)
($1,740)
+27.71%
+$22,700
+21.03%
+$18,200
+40.9%
+$55,000
|
2 years
Strategy age
765.35
|
(20.3%)
Maximum drawdown
|
+40.9%
Annual Returnsince Dec 03, 2022 |
Watch
Watchlist
Loading...
|
|
RocketFund
Manager:
Traderkhved
|
|
$149/month Subscription fee |
New
52-Week High
New
90-day High
(8.04%)
($4,530)
+64.46%
+$20,200
+41.60%
+$15,000
+99.8%
+$31,700
|
1 year
Strategy age
467.76
|
(39.0%)
Maximum drawdown
|
+99.8%
Annual Returnsince Sep 27, 2023 |
Watch
Watchlist
Loading...
|
|
Strategy 27
Manager:
ParnaliaEquitiesLLC
|
|
$99/month Subscription fee |
New
52-Week High
New
90-day High
(8.62%)
($13,210)
+26.66%
+$29,400
+27.64%
+$30,200
+63.8%
+$90,000
|
2 years
Strategy age
741.08
|
(31.7%)
Maximum drawdown
|
+63.8%
Annual Returnsince Dec 27, 2022 |
Watch
Watchlist
Loading...
|
|
Steady MAKE money
Manager:
RayHsieh
|
|
$100/month Subscription fee |
New
52-Week High
New
90-day High
+11.97%
+$24,000
+19.28%
+$36,200
+3.98%
+$8,550
+84.0%
+$120,000
|
1 year
Strategy age
474.31
|
(40.8%)
Maximum drawdown
|
+84.0%
Annual Returnsince Sep 20, 2023 |
Watch
Watchlist
Loading...
|
|
OneTrade
Manager:
OneTrade
|
|
$149/month Subscription fee |
New
52-Week High
New
90-day High
+3.94%
+$3,520
+6.94%
+$6,000
+11.69%
+$9,650
+42.8%
+$43,000
|
1+ year
Strategy age
592.24
|
(22.8%)
Maximum drawdown
|
+42.8%
Annual Returnsince May 25, 2023 |
Watch
Watchlist
Loading...
|
|
EDGE - T4
Manager:
EdgebridgeCapital
|
|
$39/month Subscription fee |
New
52-Week High
New
90-day High
+0.62%
+$430
+8.49%
+$5,400
+9.26%
+$5,850
+32.5%
+$19,000
|
1 year
Strategy age
395.03
|
(9.8%)
Maximum drawdown
|
+32.5%
Annual Returnsince Dec 08, 2023 |
Watch
Watchlist
Loading...
|
|
NQ Quickie
Manager:
Systematic_Trader
|
|
$249/month Subscription fee |
New
52-Week High
New
90-day High
+3.58%
+$3,550
+4.13%
+$4,050
(8.22%)
($9,080)
+61.4%
+$89,500
|
4 years
Strategy age
1491.39
|
(32.1%)
Maximum drawdown
|
+61.4%
Annual Returnsince Dec 07, 2020 |
Watch
Watchlist
Loading...
|
|
stockBot
Manager:
equityTradingPost
|
|
$69/month Subscription fee |
New
52-Week High
New
90-day High
(1.81%)
($1,410)
+11.76%
+$8,000
+23.89%
+$14,700
+35.9%
+$26,400
|
1 year
Strategy age
475.47
|
(14.6%)
Maximum drawdown
|
+35.9%
Annual Returnsince Sep 19, 2023 |
Watch
Watchlist
Loading...
|
|
NQ Positional
Manager:
Systematic_Trader
|
|
$149/month Subscription fee |
New
52-Week High
New
90-day High
(3.37%)
($8,670)
(3.82%)
($9,870)
(17.1%)
($51,200)
+42.9%
+$200,000
|
4 years
Strategy age
1707.29
|
(26.7%)
Maximum drawdown
|
+42.9%
Annual Returnsince May 05, 2020 |
Watch
Watchlist
Loading...
|
|
UnicornIndex
Manager:
MarkEriksson
|
|
$499/month Subscription fee |
New
52-Week High
New
90-day High
+2.00%
+$5,750
+10.99%
+$28,900
+13.57%
+$34,700
+43.8%
+$240,000
|
4 years
Strategy age
1665.53
|
(81.1%)
Maximum drawdown
|
+43.8%
Annual Returnsince Jun 16, 2020 |
Watch
Watchlist
Loading...
|
|
AI TQQQ only swing
Manager:
QuantTiger
|
|
$120/month Subscription fee |
New
52-Week High
New
90-day High
+4.18%
+$1,250
+0.73%
+$230
(23.22%)
($9,250)
+37.0%
+$24,000
|
4 years
Strategy age
1552.38
|
(51.0%)
Maximum drawdown
|
+37.0%
Annual Returnsince Oct 07, 2020 |
Watch
Watchlist
Loading...
|
|
NEURAL STARK STRATEGY
Manager:
ROBERTSTARK
|
|
$100/month Subscription fee |
New
52-Week High
New
90-day High
+4.37%
+$2,800
+8.33%
+$5,100
+22.24%
+$12,000
+27.7%
+$16,800
|
1 year
Strategy age
389.43
|
(11.3%)
Maximum drawdown
|
+27.7%
Annual Returnsince Dec 14, 2023 |
Watch
Watchlist
Loading...
|
|
AltData III
Manager:
AltData
|
|
$1999/month Subscription fee |
New
52-Week High
New
90-day High
(5.11%)
($102,800)
(12.82%)
($280,320)
(9.69%)
($203,920)
+35.7%
+$910,000
|
2 years
Strategy age
741.55
|
(18.3%)
Maximum drawdown
|
+35.7%
Annual Returnsince Dec 27, 2022 |
Watch
Watchlist
Loading...
|
|
sharp Sharpe NQ
Manager:
QuantWizard
|
|
$199/month Subscription fee |
New
52-Week High
New
90-day High
+4.12%
+$3,610
+6.60%
+$5,600
(0.71%)
($650)
+26.1%
+$41,300
|
2 years
Strategy age
829.15
|
(9.4%)
Maximum drawdown
|
+26.1%
Annual Returnsince Sep 30, 2022 |
Watch
Watchlist
Loading...
|
|
sharp Sharpe ES
Manager:
QuantWizard
|
|
$149/month Subscription fee |
New
52-Week High
New
90-day High
+9.76%
+$9,050
+13.16%
+$11,800
+9.23%
+$8,500
+28.9%
+$85,000
|
6 years
Strategy age
2480.43
|
(39.8%)
Maximum drawdown
|
+28.9%
Annual Returnsince Mar 24, 2018 |
Watch
Watchlist
Loading...
|
|
Fusion MES
Manager:
Tony_Pei
|
|
$99/month Subscription fee |
New
52-Week High
New
90-day High
(3.86%)
($7,650)
+11.56%
+$19,700
+16.95%
+$27,600
+78.9%
+$91,000
|
1 year
Strategy age
396.84
|
(24.3%)
Maximum drawdown
|
+78.9%
Annual Returnsince Dec 06, 2023 |
Watch
Watchlist
Loading...
|
|
extreme-os
Manager:
UyenLe
|
|
$100/month Subscription fee |
New
52-Week High
New
90-day High
(0.37%)
($230)
+1.15%
+$710
(5.87%)
($3,840)
+22.5%
+$61,500
|
19 years
Strategy age
7263.23
|
(61.1%)
Maximum drawdown
|
+22.5%
Annual Returnsince Feb 17, 2005 |
Watch
Watchlist
Loading...
|
|
MFG 50K Portfolio
Manager:
NaoufelTaief
|
|
$149/month Subscription fee |
New
52-Week High
New
90-day High
+3.59%
+$2,740
+4.98%
+$3,740
(7.32%)
($6,190)
+32.0%
+$29,300
|
1+ year
Strategy age
545.21
|
(25.5%)
Maximum drawdown
|
+32.0%
Annual Returnsince Jul 11, 2023 |
Watch
Watchlist
Loading...
|
|
Spire
Manager:
Michael_S
|
|
$99/month Subscription fee |
New
52-Week High
New
90-day High
(0.1%)
($130)
+6.49%
+$8,200
+8.65%
+$10,700
+32.1%
+$35,100
|
1 year
Strategy age
374.39
|
(6.1%)
Maximum drawdown
|
+32.1%
Annual Returnsince Dec 29, 2023 |
Watch
Watchlist
Loading...
|
|
TQQQ Aspire
Manager:
NEORITHMIC-LLC
|
|
$149/month Subscription fee |
New
52-Week High
New
90-day High
(1.62%)
($1,960)
+6.90%
+$7,650
(0.12%)
($140)
+27.9%
+$98,500
|
6 years
Strategy age
2442.43
|
(24.7%)
Maximum drawdown
|
+27.9%
Annual Returnsince May 01, 2018 |
Watch
Watchlist
Loading...
|
|
BuildWealth
Manager:
Capital
|
|
$149/month Subscription fee |
New
52-Week High
New
90-day High
(3.74%)
($2,910)
+67.08%
+$29,900
+114.51%
+$39,600
+163.4%
+$60,000
|
1+ year
Strategy age
585.52
|
(37.9%)
Maximum drawdown
|
+163.4%
Annual Returnsince Jun 01, 2023 |
Watch
Watchlist
Loading...
|
|
Tintin
Manager:
KineticProfits
|
|
$99/month Subscription fee |
New
52-Week High
New
90-day High
(3.85%)
($2,990)
+5.52%
+$3,900
+6.62%
+$4,610
+46.1%
+$24,800
|
1 year
Strategy age
364.13
|
(14.8%)
Maximum drawdown
|
+46.1%
Cumul. Returnsince Jan 08, 2024 |
Watch
Watchlist
Loading...
|
|
Itay Verchik
Manager:
ITAYVERCHIK
|
|
$39/month Subscription fee |
New
52-Week High
New
90-day High
(5.3%)
($1,780)
+31.63%
+$7,650
+50.68%
+$10,600
+38.3%
+$11,900
|
1 year
Strategy age
480.53
|
(30.7%)
Maximum drawdown
|
+38.3%
Annual Returnsince Sep 14, 2023 |
Watch
Watchlist
Loading...
|
|
StockAnalyzer
Manager:
Financial_Strategies
|
|
$39/month Subscription fee |
New
52-Week High
New
90-day High
+4.97%
+$9,300
+38.84%
+$55,000
+49.16%
+$64,500
+35.1%
+$52,500
|
1 year
Strategy age
368.52
|
(36.9%)
Maximum drawdown
|
+35.1%
Annual Returnsince Jan 04, 2024 |
Watch
Watchlist
Loading...
|
|
SmartFutures
Manager:
VIXPro
|
|
$195/month Subscription fee |
New
52-Week High
New
90-day High
+0.22%
+$190
+1.78%
+$1,440
+3.74%
+$2,940
+28.5%
+$57,500
|
4 years
Strategy age
1519.36
|
(25.9%)
Maximum drawdown
|
+28.5%
Annual Returnsince Nov 09, 2020 |
Watch
Watchlist
Loading...
|
|
Easiest to Follow
Manager:
PatienceToInvest_com
|
|
$59/month Subscription fee |
New
52-Week High
New
90-day High
(1.76%)
($1,140)
+5.51%
+$3,300
(11.78%)
($8,410)
+55.1%
+$35,200
|
1+ year
Strategy age
651.26
|
(20.7%)
Maximum drawdown
|
+55.1%
Annual Returnsince Mar 27, 2023 |
Watch
Watchlist
Loading...
|
|
MNQ combo
Manager:
Systematic_Trader
|
|
$149/month Subscription fee |
New
52-Week High
New
90-day High
+0.39%
+$300
+0.64%
+$500
(11.07%)
($9,570)
+37.9%
+$58,500
|
4 years
Strategy age
1490.28
|
(25.5%)
Maximum drawdown
|
+37.9%
Annual Returnsince Dec 08, 2020 |
Watch
Watchlist
Loading...
|
|
Quantex Mega Caps
Manager:
GonzaloLoayza2
|
|
$79/month Subscription fee |
New
52-Week High
New
90-day High
(5.11%)
($900)
+6.28%
+$980
+0.37%
+$60
+17.6%
+$13,000
|
8 years
Strategy age
3017.38
|
(51.5%)
Maximum drawdown
|
+17.6%
Annual Returnsince Oct 03, 2016 |
Watch
Watchlist
Loading...
|
|
YBH FUND
Manager:
YBHD
|
|
$49/month Subscription fee |
New
52-Week High
New
90-day High
(2.62%)
($2,120)
+17.45%
+$11,700
+0.88%
+$680
+82.1%
+$55,000
|
1+ year
Strategy age
706.46
|
(38.5%)
Maximum drawdown
|
+82.1%
Annual Returnsince Jan 31, 2023 |
Watch
Watchlist
Loading...
|
|
MT3 Algotrading
Manager:
MORAVIAN
|
|
$125/month Subscription fee |
New
52-Week High
New
90-day High
+1.91%
+$1,600
+4.42%
+$3,600
+0.42%
+$350
+77.3%
+$55,500
|
1+ year
Strategy age
647.21
|
(20.1%)
Maximum drawdown
|
+77.3%
Annual Returnsince Mar 31, 2023 |
Watch
Watchlist
Loading...
|
|
FOREX VIX-3
Manager:
LeslieGray
|
|
$50/month Subscription fee |
New
52-Week High
New
90-day High
(0.21%)
($440)
+3.59%
+$7,250
+9.28%
+$17,700
+21.0%
+$110,000
|
3 years
Strategy age
1376.44
|
(13.9%)
Maximum drawdown
|
+21.0%
Annual Returnsince Apr 01, 2021 |
Watch
Watchlist
Loading...
|
|
Yoav Zelikovic
Manager:
ZelikovicInvestmen
|
|
$80/month Subscription fee |
New
52-Week High
New
90-day High
(4.05%)
($4,430)
+6.43%
+$6,300
+19.16%
+$16,800
+31.5%
+$75,000
|
4 years
Strategy age
1586.54
|
(32.6%)
Maximum drawdown
|
+31.5%
Annual Returnsince Sep 03, 2020 |
Watch
Watchlist
Loading...
|
|
Markets Expected Value
Manager:
ReplanValueFirms
|
|
$20/month Subscription fee |
New
52-Week High
New
90-day High
(3.97%)
($2,550)
+6.62%
+$3,830
+12.89%
+$7,050
+14.4%
+$21,800
|
2 years
Strategy age
1092.57
|
(24.4%)
Maximum drawdown
|
+14.4%
Annual Returnsince Jan 10, 2022 |
Watch
Watchlist
Loading...
|
|
EDGE CGPT
Manager:
EdgebridgeCapital
|
|
$39/month Subscription fee |
New
52-Week High
New
90-day High
+0.69%
+$440
+9.23%
+$5,450
+13.07%
+$7,450
+24.7%
+$14,700
|
1 year
Strategy age
397.16
|
(5.7%)
Maximum drawdown
|
+24.7%
Annual Returnsince Dec 06, 2023 |
Watch
Watchlist
Loading...
|
|
MASTER BEST ETFʼs
Manager:
ilan_guri
|
|
$50/month Subscription fee |
New
52-Week High
New
90-day High
(4.52%)
($1,990)
+46.77%
+$13,400
+22.34%
+$7,650
+19.3%
+$21,100
|
3 years
Strategy age
1245.26
|
(55.0%)
Maximum drawdown
|
+19.3%
Annual Returnsince Aug 10, 2021 |
Watch
Watchlist
Loading...
|
|
One moment Tom
Manager:
QuantWizard
|
|
$99/month Subscription fee |
New
52-Week High
New
90-day High
+4.63%
+$2,770
+0.53%
+$330
(5.43%)
($3,560)
+32.4%
+$37,600
|
2 years
Strategy age
1084.98
|
(54.5%)
Maximum drawdown
|
+32.4%
Annual Returnsince Jan 17, 2022 |
Watch
Watchlist
Loading...
|
|
4QTiming NDX3x
Manager:
4QTiming
|
|
$120/month Subscription fee |
New
52-Week High
New
90-day High
+2.08%
+$1,230
+8.40%
+$4,670
(11.1%)
($7,480)
+20.3%
+$50,500
|
8 years
Strategy age
2974.65
|
(55.5%)
Maximum drawdown
|
+20.3%
Annual Returnsince Nov 15, 2016 |
Watch
Watchlist
Loading...
|
|
Dragon Scale Oscillator
Manager:
JosephBish
|
|
$149/month Subscription fee |
New
52-Week High
New
90-day High
+10.28%
+$3,180
+9.20%
+$2,850
+14.35%
+$4,180
+26.1%
+$9,100
|
1 year
Strategy age
372.86
|
(17.6%)
Maximum drawdown
|
+26.1%
Annual Returnsince Dec 30, 2023 |
Watch
Watchlist
Loading...
|
|
Best Combo
Manager:
PatienceToInvest_com
|
|
$125/month Subscription fee |
New
52-Week High
New
90-day High
(1.73%)
($3,760)
+6.68%
+$13,400
(7.08%)
($16,250)
+36.8%
+$100,000
|
2 years
Strategy age
749.09
|
(20.1%)
Maximum drawdown
|
+36.8%
Annual Returnsince Dec 19, 2022 |
Watch
Watchlist
Loading...
|
|
Sage Volatility Margin
Manager:
Sage_Volatility
|
|
$130/month Subscription fee |
New
52-Week High
New
90-day High
(6.46%)
($7,610)
(6.59%)
($7,740)
(19.96%)
($27,290)
+25.5%
+$96,000
|
8 years
Strategy age
3155.14
|
(35.4%)
Maximum drawdown
|
+25.5%
Annual Returnsince May 18, 2016 |
Watch
Watchlist
Loading...
|
|
Full Throttle
Manager:
QuantWizard
|
|
$249/month Subscription fee |
New
52-Week High
New
90-day High
+15.32%
+$33,600
+19.80%
+$41,800
(2.12%)
($5,450)
+115.0%
+$150,000
|
1 year
Strategy age
432.39
|
(27.1%)
Maximum drawdown
|
+115.0%
Annual Returnsince Nov 01, 2023 |
Watch
Watchlist
Loading...
|
|
4QTiming FutNQ
Manager:
4QTiming
|
|
$150/month Subscription fee |
New
52-Week High
New
90-day High
+0.14%
+$670
+15.86%
+$65,000
(9.66%)
($50,790)
+55.6%
+$460,000
|
8 years
Strategy age
2977.20
|
(66.3%)
Maximum drawdown
|
+55.6%
Annual Returnsince Nov 12, 2016 |
Watch
Watchlist
Loading...
|
|
Cryptoverse
Manager:
Shay_Cohen
|
|
$30/month Subscription fee |
New
52-Week High
New
90-day High
(6.16%)
($2,090)
+49.02%
+$10,500
+46.19%
+$10,000
+53.0%
+$21,900
|
2 years
Strategy age
938.60
|
(37.8%)
Maximum drawdown
|
+53.0%
Annual Returnsince Jun 13, 2022 |
Watch
Watchlist
Loading...
|
|
JC Alpha
Manager:
JCAlpha
|
|
$100/month Subscription fee |
New
52-Week High
New
90-day High
(5.74%)
($5,810)
(13.02%)
($14,250)
(7.66%)
($7,870)
+27.0%
+$65,500
|
4 years
Strategy age
1691.30
|
(29.5%)
Maximum drawdown
|
+27.0%
Annual Returnsince May 21, 2020 |
Watch
Watchlist
Loading...
|
Maximum drawdown
This is worst peak-to-valley drawdown % experienced by the hypothetical Model Account for this trading strategy.
This is considered useful information by some people, but it does not suggest that future drawdowns will be smaller than this. It is always possible that futures drawdowns will be larger than this amount.
This is the smallest possible starting capital with which you may trade this strategy.
This number is based on the strategy's historical trading pattern. If the strategy doesn't change the way it trades, it is possible to trade the strategy in a broker account using this amount of capital, as long as you set your AutoTrade "Scaling Factor" appropriately. (You'll be able to specify your Scaling Factor -- how big or small to make trades -- when you set up AutoTrading in a broker account.)
In some cases, it is possible to trade a system with less than this amount, but this will increase risk, since it increases the chance that a "expected" drawdown will cause your account to go to zero, preventing any participation in any subsequent profits.
Remember that all trading is risky, that there is no guarantee of profits, and that drawdowns in the future may be higher than drawdowns that occurred in the past.
C2 Heart Attack Index
C2's Heart-Attack Index is a completely scientific measurement of the probability of your having a heart attack if you follow this strategy with real money.
Just kidding.
Here's what it really is. The Heart-Attack Index is a relative ranking of the strategy's performance during Monte Carlo simulations run by C2's servers, in which thousands of simulations are run, again and again, and C2 tries to measure the probability of substantial drawdowns based on past performance.
Low numbers are good. High numbers are bad. (Unless you are a cardiologist, in which case high numbers will mean brisk business for you.)
Remember that even a low number here does not mean that the strategy is "low-risk." All trading is inherently risky, and you can lose all your money at any time, despite what a number on a computer screen indicates.
Win:Loss Ratio
The Win:Loss Ratio is sometimes called the "Profit Factor." It is the ratio of the total dollars gained in winning trades divided by the total dollars lost in losing trades.
Like all statistics on C2, this statistic includes both closed trades and trades that are still open and not yet complete.
The Win:Loss Ratio is just one tool in a trader's arsenal. The level that is considered "good" or "bad" depends, for many people, on how frequently a strategy trades. Many people believe a Win:Loss Ratio of 2:1 or higher is mark of excellence for strategies that do not trade often. However, a lower number is generally expected when a strategy trades more frequently, and tries to gain a small edge over a large number of trades.
Sharpe Ratio
The Sharpe Ratio measures an investment's "excess" return versus the risk it took.
There's a lot to parse here. The first thing to notice is that we're analyzing the investment's excess return — which inevitably leads to the question: "Excess versus what?"
The answer is: Excess over what you can earn in a so-called "risk-free" investment. Generally, people calculate the Sharpe Ratio using the return on U.S. Treasury Bills as the preferred "risk-free" rate.
So, that's part one of a two-part equation: We measure the excess return of the investment over a risk-free investment.
How risk is measured
Now comes the second part of the analysis. We need to divide the excess return by the amount of risk taken by the investment.
"Risk" in this context means something precise and mathematical — it is not a value judgment about an investment manager's personality, or her strategy. It is simply the mathematical measurement of historical volatility — how quickly and often the investment has moved up or down. (In the context of C2 it is the mathematical measurement of the "choppiness" of a strategy's equity chart.)
Putting it together
Putting this all together, the Sharpe Ratio says something like this: "I see a trading strategy has offered nice returns so far. Those returns seem higher than the returns I could have achieved buying Treasury Bills. But wait a second... how much extra risk did we take to earn those extra returns?"
So, the Sharpe number is a ratio — of excess returns per risk-unit taken.
The insight behind the number is: Of course it's possible to earn excess returns. Generally this is done by taking on more risk. So it can be useful to measure how much extra return we get for each extra unit of risk we take. This makes it possible to do apples-to-apples comparisons among investments.
Some kinds of risk are hidden
One more insight: Notice how "risk" in this case is a mathematical measurement of how volatile a strategy has been so far. The implication of this is that investments which take risks that have not yet revealed themselves in a performance chart will have a higher Sharpe Ratio than perhaps they ought to. Strategies with high "tail risks" — that is, risk of something really bad happening, but very rarely — will have high Sharpe Ratios... even though they are potentially more risky than they seem.
The Sharpe Ratio was developed by Nobel laureate William F. Sharpe. As of this writing, no one affiliated with Collective2 has won a Nobel Prize. Working on it.
% Profitable
This is the percentage of trades that are profitable. This includes both open and closed trades.
Many people use this statistic to try to figure out how often a strategy is "right." However, keep in mind that many highly successful strategies are right less than half the time... but when they are right, they let their profits run, and when they are wrong, they close a trade quickly.
Similarly, strategies with high Winning Percentages can be trying to "game" the statistics by leaving losing positions open, and hoping (praying!) that the trade turns around to become profitable.
For this reason, we strongly encourage you to use this statistic with care, and use it in conjunction with other measurements of a strategy.
Strategy age
How long is the track record of this strategy available on C2.
C2Star
C2Star is a certification program for trading strategies. In order to become "C2Star Certified," a strategy must apply tight risk controls, and must exhibit excellent performance characteristics, including low drawdowns.
You can read more about C2Star certification requirements here.
Note that: all trading strategies are risky, and C2Star Certification does not imply that a strategy is low risk.
About C2Star
C2Star is a certification program for trading strategies. C2Star places high value on tight risk control and low drawdowns.
You can read more about C2Star certification requirements here.
Leverage
Higher leverage = greater risk.
More information about leverage
Collective2 calculates the maximum leverage used by a strategy in each day. We then display the average of these measurements (i.e. the average daily maximum leverage) and the greatest of these measurements (maximum daily leverage).
Leverage is the ratio of total notional value controlled by a strategy divided by its Model Account equity. Generally higher leverage implies greater risk.
Example of calculation:
The Strategy buys 100 shares of stock at $12 per share.
The Model Account equity during that day is $5,000.
The leverage is: $1200 / $5,000 = 0.24
This is a useful measurement, but it should be considered in context. This measurement doesn't take into account important factors, such as when multiple positions are held that are inversely correlated. Nor does the measurement take into account the volatility of the instruments being held.
In addition, certain asset classes are inherently more leveraged than others. For example, futures contracts are highly leveraged. Forex positions are often even more leveraged than futures.
All results are hypothetical data. Learn what this means. Remember: trading is risky. You can lose money.
About these results
About the results you see on this Web site
Past results are not necessarily indicative of future results.
These results are based on simulated or hypothetical performance results. Hypothetical performance results have many inherent limitations, some of which are described below. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown. In fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program.
One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk in actual trading. For example, the ability to withstand losses or to adhere to a particular trading program in spite of trading losses are material points which can also adversely affect actual trading results. There are numerous other factors related to the markets in general or to the implementation of any specific trading program which cannot be fully accounted for in the preparation of hypothetical performance results and all of which can adversely affect actual trading results.
You may be interested to learn more technical details about how Collective2 calculates the hypothetical results you see on this web site.
Material assumptions and methods used when calculating results
The following are material assumptions used when calculating any hypothetical monthly results that appear on our web site.
- Profits are reinvested. We assume profits (when there are profits) are reinvested in the trading strategy.
- Starting investment size. For any trading strategy on our site, hypothetical results are based on the assumption that you invested the starting amount shown on the strategy's performance chart. In some cases, nominal dollar amounts on the equity chart have been re-scaled downward to make current go-forward trading sizes more manageable. In these cases, it may not have been possible to trade the strategy historically at the equity levels shown on the chart, and a higher minimum capital was required in the past.
- All fees are included. When calculating cumulative returns, we try to estimate and include all the fees a typical trader incurs when AutoTrading using AutoTrade technology. This includes the subscription cost of the strategy, plus any per-trade AutoTrade fees, plus estimated broker commissions if any.
- "Max Drawdown" Calculation Method. We calculate the Max Drawdown statistic as follows. Our computer software looks at the equity chart of the system in question and finds the largest percentage amount that the equity chart ever declines from a local "peak" to a subsequent point in time (thus this is formally called "Maximum Peak to Valley Drawdown.") While this is useful information when evaluating trading systems, you should keep in mind that past performance does not guarantee future results. Therefore, future drawdowns may be larger than the historical maximum drawdowns you see here.
Trading is risky
There is a substantial risk of loss in futures and forex trading. Online trading of stocks and options is extremely risky. Assume you will lose money. Don't trade with money you cannot afford to lose.
Suggested Minimum Capital
This is our estimate of the minimum amount of capital to follow a strategy, assuming you use the smallest reasonable AutoTrade Scaling % for the strategy.
Trade Speed
Technically, this is actually the average trade duration. When positions are legged-in and legged-out (i.e. incrementally or partially opened or closed) we measure the time from first being flat to ultimately being flat again for the instrument in question.
About C2Star Certification
This is our estimate of the minimum amount of capital to follow a strategy, assuming you use the smallest reasonable AutoTrade Scaling % for the strategy.