As you probably know, TAB is offered as auto-trading through Collective2 and the website also serves as a third party performance audit. However, if you are a live trader of TAB's system, you would have noticed that the GBP/USD trade on 1/9/2008 turned out much differently than represented on Collective2. The surprising thing is that the actual trade was more favorable than what is represented on C2!
Collective2 shows that the first target of the GBP/USD short was met, which is was. However, C2 then shows that 2 of the 3 remaining mini lots were stopped out at 1.9777 for a 5 pip loss on each and then the final mini lot made it to the final target of 1.9651 This nets a 36 pip profit for the trade.
In actuality, the 2 minis minis were never stopped out of slight losses and I don't believe they ever came within less than 10 pips of doing so. Therefore, all 3 remaining minis ran to the final target of 1.9651 netting nearly 100 pips for the entire trade. This is a massive difference and I just thought it was interesting to note considering C2 is technically understating the results.
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