Very courageous to post a hatchet job about me and my company anonymously, under a pseudonym!
Buddhi has posted similar messages in other threads and other web sites. He must "have it in" for Collective2. My guess (and it's just a guess; I have no evidence, since buddhi hides behind a fake name and I have no idea who he is) is that "buddhi" tried to sell a system on Collective2, and - due to the nature of how Collective2 works - (you can't just remove your horrible trading track record and claim it was a "mistake"; Collective2 insists that your old, failed systems remain visible; this is what makes the site valuable for people evaluating trading systems) - he was disappointed that his system didn't work out, and that he couldn't remove his failed track record from the site.
So, here's my response. Collective2 and its quality speak for itself. I am proud of it. The C2 Platform processes over a half-billion dollars in nominal real-brokerage-account transactions per week (not demos or sim accounts) and has 50,000 registered customers. We've been business for eight years. One explanation of our success is that we have somehow managed to pull the wool over a lot of people's eyes and fooled everyone into using our site, despite its inadequacy. Another possible explanation is that the site is damn good, and provides great value to many people -- that is, to people seeking to use automated trading systems, and to people seeking to sell their automated trading systems. Which explanation is more likely? I'll let the reader decide.
Buddhi's complaints are, variously, that the site is bad, the forum threads too long, that my sense of humor is poor, and that we don't employ enough people (an example of several of these things combined -- bad sense of humor plus a list of our employees -- can be found here:
http://www.collective2.com/people ).
No doubt there are other issues buddhi has in mind, and I have a feeling he'll wax on about them at great length in future posts.
But -- you know what? -- I don't cower behind a fake name and throw stones at others' work. On the contrary: I put my own work forward to the public, and I do so proudly, because Collective2 (C2 to its fans) is awesome, and there ain't anything else like it (though other sites try to copy it).
Judge for yourself. You know where to find the site. See what you think.
- Matthew Klein
Founder
Collective2
www.collective2.com
YES Collective 2 charge vendors/signal providers to join their site. Then they charge them again (at least I got charged twice). They offer free software to transfer your mt4trades to their site - but it has no functionality so you have to buy the upgraded version, which does not work. Your trades are mostly ignored so any subscriber loses out and your efforts as a signal provider are ignored.
They have no support - occassionally you get a partial response to the wrong question. Their entire site and their software is inconsistent and buggy - their programmer (apparentluy just one outsourced guy) is amazingly bad. With no support and bad software, the Collective 2 site is useless for subscribers and signal providers.
This is not a serious or professional operation - the jokey site copy and is apparently written by high schoolers, not people you want to trust money to.
Their forum is a joke. There are just a few threads; one thread has thousands of responses and the others have just a few. The thread with thousands of responses is a general thread and one cannot find anything in it because it has zero organization.
Collective 2 has been in business taking people's money for seven or so years - amazingly their programming and site has only become worse - in seven years they have not learned anything or improved at all. This is a record for websites. How is it even possible to be in business for seven years and just get worse??
Apparently the founder "Matthew" has the dotcom business model in mind (and he has done this before). Spool up the top-line revenue and put zero effort into content or value or improvement (which is expense). Then sell out to someone.
If anyone buys this site, they will find a huge mess of patches on top of patches,which is why nothing works and why there is no logic or consistancy to figure anything out. It has become unfixable because the founder and his programmer (they only have a couple of people working for them to keep costs down) hoped to sell out before it got to the messed-up stage it is currently at, but now they cling to their business model hoping for a clueless buyer and Collective 2 gets worse every month as more patches are applied.