Program requirements version 1.1
C2Star Certification Requirements
A strategy must meet the following requirements to achieve and maintain C2Star Certification Status. Apply for certification?
Minimum Performance
Requirement in effect only when strategy is 60 days or older
Must outperform SP500 index by this amount
+1%
Violated at
and strategy performance must be positive
rolling 60 days
This measures average capital deployment over time, and includes both open and closed trades. Learn more about Minimum Capital Deployment here. Requirement in effect only when strategy is 30 days or older.
Must deploy minimum amount of capital
1%
Violated at
Minimum Return
+2.5%
Violated at
rolling 90 days
For Collective2 to market a strategy effectively, the strategy must have a visible track record that can be shown to subscribers. We do not show still-open trades to people who have not yet subscribed. Therefore, to achieve C2Star certification, strategies must build a track record of closed trades. We do not measure based on number of closed trades. Rather, we measure the % of capital deployed in closed trades. You can learn more about how we measure Capital Deployment here.
Closed trades must represent minimum deployment of capital
1%
Violated at
Risk management
Maximum Open Loss as percent of equity
(5%)
Violated at
Maximum Open Loss
($2,000)
Violated at
Model Account equity must never decreases by this % amount in any 24-hour period.
Maximum Equity Drawdown
(5%)
Violated at
rolling 24 hours
Model Account equity must never decreases by this $ amount in any 24-hour period.
Maximum Equity Drawdown
($2,000)
Violated at
rolling 24 hours
Model Account equity must never decrease by this $ amount, from any peak to any subsequent valley.
Maximum Equity Drawdown
($5,000)
Violated at
All Time
Other requirements
Currently program does not support strategies that trade options.
Instruments allowed to be traded
stock, future, forex
Violated at
Strategy must trade only one of above
Equity level must never fall below minimum. If it exceeds maximum, you will be given an opportunity to rescale the strategy, to keep it within valid range.
Model Account Equity
$40,000-$60,000
Violated at
Price charged to subscribers is included in performance calculations.
Strategy Subscription Price
$150
Violated at
What is "gaming" C2Star?
Here's a hint: you'll know it when you do it. Gamesmanship includes: running multiple strategies that are substantially identical, running strategies without placing meaningful trades, or failing to offer a practical trading strategy that is attractive to actual investors.
All decisions about what constitutes gamesmanship will be made by C2 Administrators. Managers who engage in gamesmanship will be removed from the C2 Star program.
No Gamesmanship
Attempts to "game" C2Star certification will be disqualified.