Almost 5000 trading systems on Collective2 - how do you find the best?

In this latest update of the best trading systems on Collective2 only 8 systems meet my stringent criteria, out of a total of almost 5000 systems.

Here are the criteria:

Criteria:

1. Max Drawdown not more than 20%
2. Realism Factor of 80% or higher
3. Age on C2 of 60 days or higher (180 days or higher to qualify as a “mature” system)
4. APD (average profit per dollar of drawdown, after adjustment) of 0.30 or higher
5. Profit Factor (total dollars gained to total dollars lost to-date) of 1.5 or higher
6. Market Experience of 70 days or more (number of trades x average trade duration, expressed in days)
7. Annual Return (%) : Max Drawdown ratio of 5:1 or higher
8. Percent of winning trades of 40% or higher
9. Uses automated stop-losses that are set at trade entry (this is checked with the system vendors of systems that meet all the above criteria).

Stars Of Collective2:

I have also introduced a category called “Stars Of Collective2″ for mature systems (180 days old, or more) that have featured on at least two sequential Best Systems lists.

The two inaugural members of the Stars Of Collective2 category are:

• Team Aphid Bird NOTE - Feb 18, 2008: Team Aphid have now withdrawn the Bird system from Collective2 (it is still visible on C2, but is no longer traded).
• Gold Swing Survivor Futures ptf $25000

The six other systems to meet all the above criteria were:

• EXLENCE
• TrendSensor Golden Index
• TrendSensor >> J U M B O
• GoldenStocks Short Only
• Jubilee
• Lilac

Finally, there is one system that continues to attract my attention through consistent performance, and is very likely to qualify for the list at the next update (due late March):

• Have Fun

With such an in-depth look at these systems, I was able to identify during my analysis those that I would feel comfortable recommending to others. This is an even shorter list, of just three systems. View the three recommended trading systems …

Take a look at the full details of my analysis to find the best trading systems here:

www.TrendSensor.com/Best_Trading_Systems.htm

Remember to build success into everything you do ...

• Written by Murray Nickel - Visit TrendSensor.com
• Murray has a Bachelor of Science Degree, majoring in Statistics, Mathematics and Operations Research, with a background in senior management roles in Banking, Insurance and Investment companies over a period of almost 14 years.
• He has been trading professionally since November 2003, and provides a trading signal service based on his proprietary TrendSensor system for global forex, index derivatives (eg: ETFs and CFDs), and spot Gold.
• A free trial of his trading signal service is available here
• View actual trading results at the trade history page.
• Murray also offers a Mentoring Program for traders wanting to learn how to trade the global markets, or wanting to improve their performance in this area.

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