This Sunday our ratings at Collective2 hit 716 . What does this mean? See Collective2 explanation:
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“ How is the Collective2 Rating calculated?
Collective2 Ratings are recalculated monthly based on the entire performance history in our database. The exact formula we use is proprietary, but there are several key variables that go into the Collective2 Rating. One of the most important factors is the length of time we have been able to observe the performance of the trader. Another key factor is the amount by which the trader over-performs or under-performs the S&P 500 index. Finally, the choppiness of the trader’s results is taken into account. Certainly a more consistent trader will be rated more highly than a trader with erratic results.
What does the Collective2 Rating mean?
In general, a rating above 500 is good. A rating above 700 is excellent.”
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We are happy to have received a status of Excellency!
Annualised performance for Artex stands @ 435.2%
Annualised performance for Jaypex stands @ 651.3%
Annualised performance for Montex stands @ 142.0%
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Forexast (Forex Forecast)
Artex: EURJPY will still be pointing south. We keep opening short positions only.
Jaypex: GBPJPY will still be pointing south. We keep opening short positions only.
Montex: EURCHF is caught in a range. We trade both ways with smaller quantities.
We are in the middle of a financial crisis that spilled over into real sector. It is bad and it is going to be worse. As long as there will be leverage in the system there will be no trust among financial institutions and companies. Exchange rates are not moving according to five factors (geopolitics, M&A, foreign trade account, carry trade, and interest rates) as normally. Instead they swing violently according to Stock Market moves. When stocks are raising GBP, EUR and CHF outperform USD and JPY. When stocks are falling, USD and especially JPY outperform GBP, EUR and CHF. We do not see a light at the end of a tunnel yet. If you see a light this is a headlight from a heavy fright train that is still due to hit. The crisis in real economy just began. We’ll say some more about that next week.
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Happy trading to all!
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We keep most of our posts at our blog
Markssin trades forex since 1997. Our trading systems are verified.
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Davorin Sadar, trader. Meet me in Facebook, LinkedIn, and/or Twitter. This is an invitation!
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