EliteFutures
(125237603)
Subscription terms. Subscriptions to this system cost $195.00 per month.
C2Star
C2Star is a certification program for trading strategies. In order to become "C2Star Certified," a strategy must apply tight risk controls, and must exhibit excellent performance characteristics, including low drawdowns.
You can read more about C2Star certification requirements here.
Note that: all trading strategies are risky, and C2Star Certification does not imply that a strategy is low risk.
Momentum
Aims to capitalize on the continuance of existing trends in the market. Trader takes a long position in an asset in an upward trend, and shortsells a security that has been in a downward trend. While similar to Trendfollowing, tends to be more forwardlooking (predicting oncoming trend), while Momentum is more backwardlooking (observing alreadyestablished price direction).Rate of Return Calculations
Overview
To comply with NFA regulations, we display Cumulative Rate of Return for strategies with a track record of less than one year. For strategies with longer track records, we display Annualized (Compounded) Rate of Return.
How Annualized (Compounded) Rate of Return is calculated
= ((Ending_equity / Starting_equity) ^ (1 / age_in_years))  1
Remember that, following NFA requirements, strategy subscription costs and estimated commissions are included in markedtomarket equity calculations.
All results are hypothetical.
Jan  Feb  Mar  Apr  May  Jun  Jul  Aug  Sep  Oct  Nov  Dec  YTD  

2019  (2.2%)  (0.5%)  +3.3%  +0.2%  +0.7%  
2020  (0.9%)  (2.9%)  +32.6%  +0.7%  +3.4%  +8.2%  +0.7%  +7.4%  (0.7%)  +3.1%  +0.5%  +0.1%  +59.9% 
2021  (6.1%)  +0.2%  +1.1%  +10.2%  (0.8%)  +0.6%  +0.2%  +5.1%  (12.2%)  +9.5%  +0.2%  +0.7%  +6.8% 
2022  (11%)  +0.4%  +9.7%  (11.3%)  +9.0%  (16.5%)  +17.5%  +0.9%  +6.3%  +2.7%  +8.1%  (5%)  +5.4% 
2023  +2.3%  (7.5%)  +5.0%  +2.8%  (1.7%)  +13.1%  +6.0%  (5.6%)  (7.8%)  (0.1%)  +6.8%  (0.1%)  +11.6% 
2024  +1.9%  +2.5%  +4.2%  (11.2%)  +9.6%  +7.1%  +0.1%  (0.5%)  (0.4%)  (1%)  +11.4% 
Model Account Details
A trading strategy on Collective2. Follow it in your broker account, or use a free simulated trading account.
Advanced users may want to use this information to adjust their AutoTrade scaling, or merely to understand the magnitudes of the nearby chart.
Started  $20,000  
Buy Power  $51,738  
Cash  $1  
Equity  $1  
Cumulative $  $31,738  
Total System Equity  $51,738  
Margined  $1  
Open P/L  $0  
Data has been delayed by 48 hours for nonsubscribers 
System developer has asked us to delay this information by 48 hours.
Trading Record
Statistics

Strategy began9/5/2019

Suggested Minimum Cap$40,000

Strategy Age (days)1857.94

Age62 months ago

What it tradesFutures

# Trades199

# Profitable104

% Profitable52.30%

Avg trade duration6.3 days

Max peaktovalley drawdown23.88%

drawdown periodSept 06, 2021  June 30, 2022

Annual Return (Compounded)17.3%

Avg win$805.18

Avg loss$547.36
 Model Account Values (Raw)

Cash$51,738

Margin Used$0

Buying Power$51,738
 Ratios

W:L ratio1.61:1

Sharpe Ratio0.75

Sortino Ratio1.15

Calmar Ratio1.175
 CORRELATION STATISTICS

Return of Strat Pcnt  Return of SP500 Pcnt (cumu)32.14%

Correlation to SP5000.29040

Return Percent SP500 (cumu) during strategy life93.25%
 Return Statistics

Ann Return (w trading costs)17.3%
 Slump

Current Slump as Pcnt Equity5.50%
 Instruments

Percent Trades Futures1.00%
 Slump

Current Slump, time of slump as pcnt of strategy life0.04%
 Return Statistics

Return Pcnt Since TOS Statusn/a
 Instruments

Short Options  Percent Covered100.00%
 Return Statistics

Return Pcnt (Compound or Annual, agebased, NFA compliant)0.173%
 Instruments

Percent Trades Optionsn/a

Percent Trades Stocks0.00%

Percent Trades Forexn/a
 Return Statistics

Ann Return (Compnd, No Fees)20.5%
 Risk of Ruin (MonteCarlo)

Chance of 10% account loss25.50%

Chance of 20% account loss9.50%

Chance of 30% account loss0.50%

Chance of 40% account loss0.50%

Chance of 60% account loss (Monte Carlo)n/a

Chance of 70% account loss (Monte Carlo)n/a

Chance of 80% account loss (Monte Carlo)n/a

Chance of 90% account loss (Monte Carlo)n/a
 Automation

Percentage Signals Automatedn/a
 Risk of Ruin (MonteCarlo)

Chance of 50% account lossn/a
 Popularity

Popularity (Today)646

Popularity (Last 6 weeks)914
 Trading Style

Any stock shorts? 0/10
 Popularity

C2 Score973

Popularity (7 days, Percentile 1000 scale)838
 TradesOwnSystem Certification

Trades Own System?

TOS percentn/a
 Win / Loss

Avg Loss$547

Avg Win$805

Sum Trade PL (losers)$51,999.000
 Age

Num Months filled monthly returns table62
 Win / Loss

Sum Trade PL (winners)$83,739.000

# Winners104

Num Months Winners40
 Dividends

Dividends Received in Model Acct0
 AUM

AUM (AutoTrader live capital)51005
 Win / Loss

# Losers95

% Winners52.3%
 Frequency

Avg Position Time (mins)9088.47

Avg Position Time (hrs)151.47

Avg Trade Length6.3 days

Last Trade Ago5
 Leverage

Daily leverage (average)1.86

Daily leverage (max)5.71
 Regression

Alpha0.03

Beta0.24

Treynor Index0.18
 Maximum Adverse Excursion (MAE)

MAE:Equity, average, all trades0.01

MAE:PL  worst single value for strategy

MAE:PL (avg, winning trades)

MAE:PL (avg, losing trades)

MAE:PL (avg, all trades)0.13

MAE:Equity, average, winning trades0.00

MAE:Equity, average, losing trades0.01

Avg(MAE) / Avg(PL)  All trades1.577

MAE:Equity, losing trades only, 95th Percentile Value for this strat

MAE:Equity, win trades only, 95th Percentile Value for this strat

MAE:Equity, 95th Percentile Value for this strat0.00

Avg(MAE) / Avg(PL)  Winning trades0.176

Avg(MAE) / Avg(PL)  Losing trades0.493

HoldandHope Ratio0.634
 Analysis based on MONTHLY values, full history
 RATIO STATISTICS
 Ratio statistics of excess return rates
 Statistics related to Sharpe ratio

Mean0.18183

SD0.20367

Sharpe ratio (Glass type estimate)0.89273

Sharpe ratio (Hedges UMVUE)0.88133

df59.00000

t1.99620

p0.02527

Lowerbound of 95% confidence interval for Sharpe Ratio0.00205

Upperbound of 95% confidence interval for Sharpe Ratio1.78023

Lowerbound of 95% CI (Gibbons, Hedeker & Davis approximation0.00950

Upperbound of 95% CI (Gibbons, Hedeker & Davis approximation1.77216
 Statistics related to Sortino ratio

Sortino ratio2.04082

Upside Potential Ratio3.72367

Upside part of mean0.33176

Downside part of mean0.14993

Upside SD0.18870

Downside SD0.08909

N nonnegative terms35.00000

N negative terms25.00000
 Statistics related to linear regression on benchmark

N of observations60.00000

Mean of predictor0.11634

Mean of criterion0.18183

SD of predictor0.16075

SD of criterion0.20367

Covariance0.01066

r0.32569

b (slope, estimate of beta)0.41265

a (intercept, estimate of alpha)0.13382

Mean Square Error0.03772

DF error58.00000

t(b)2.62343

p(b)0.00555

t(a)1.50755

p(a)0.06855

Lowerbound of 95% confidence interval for beta0.09779

Upperbound of 95% confidence interval for beta0.72751

Lowerbound of 95% confidence interval for alpha0.04387

Upperbound of 95% confidence interval for alpha0.31150

Treynor index (mean / b)0.44063

Jensen alpha (a)0.13382
 Ratio statistics of excess log return rates
 Statistics related to Sharpe ratio

Mean0.16136

SD0.19258

Sharpe ratio (Glass type estimate)0.83788

Sharpe ratio (Hedges UMVUE)0.82718

df59.00000

t1.87355

p0.03297

Lowerbound of 95% confidence interval for Sharpe Ratio0.05496

Upperbound of 95% confidence interval for Sharpe Ratio1.72385

Lowerbound of 95% CI (Gibbons, Hedeker & Davis approximation0.06196

Upperbound of 95% CI (Gibbons, Hedeker & Davis approximation1.71632
 Statistics related to Sortino ratio

Sortino ratio1.75493

Upside Potential Ratio3.42672

Upside part of mean0.31508

Downside part of mean0.15372

Upside SD0.17374

Downside SD0.09195

N nonnegative terms35.00000

N negative terms25.00000
 Statistics related to linear regression on benchmark

N of observations60.00000

Mean of predictor0.10272

Mean of criterion0.16136

SD of predictor0.16258

SD of criterion0.19258

Covariance0.01030

r0.32906

b (slope, estimate of beta)0.38980

a (intercept, estimate of alpha)0.12132

Mean Square Error0.03364

DF error58.00000

t(b)2.65388

p(b)0.00513

t(a)1.45462

p(a)0.07558

Lowerbound of 95% confidence interval for beta0.09579

Upperbound of 95% confidence interval for beta0.68381

Lowerbound of 95% confidence interval for alpha0.04563

Upperbound of 95% confidence interval for alpha0.28827

Treynor index (mean / b)0.41396

Jensen alpha (a)0.12132
 Risk estimates for a oneperiod unit investment (parametric)
 assuming log normal returns and losses (using central moments from Sharpe statistics)

VaR(95%)0.07503

Expected Shortfall on VaR0.09608
 assuming Pareto losses only (using partial moments from Sortino statistics)

VaR(95%)0.02557

Expected Shortfall on VaR0.05157
 ORDER STATISTICS
 Quartiles of return rates

Number of observations60.00000

Minimum0.89966

Quartile 10.98932

Median1.01012

Quartile 31.03860

Maximum1.28399

Mean of quarter 10.95529

Mean of quarter 21.00066

Mean of quarter 31.02461

Mean of quarter 41.08937

Inter Quartile Range0.04929

Number outliers low1.00000

Percentage of outliers low0.01667

Mean of outliers low0.89966

Number of outliers high3.00000

Percentage of outliers high0.05000

Mean of outliers high1.18936
 Risk estimates for a oneperiod unit investment (based on Ex

Extreme Value Index (moments method)0.16367

VaR(95%) (moments method)0.04495

Expected Shortfall (moments method)0.05625

Extreme Value Index (regression method)0.08019

VaR(95%) (regression method)0.04888

Expected Shortfall (regression method)0.06357
 DRAW DOWN STATISTICS
 Quartiles of draw downs

Number of observations12.00000

Minimum0.00098

Quartile 10.01859

Median0.02933

Quartile 30.06317

Maximum0.13420

Mean of quarter 10.00173

Mean of quarter 20.02605

Mean of quarter 30.04851

Mean of quarter 40.10054

Inter Quartile Range0.04458

Number outliers low0.00000

Percentage of outliers low0.00000

Mean of outliers low0.00000

Number of outliers high1.00000

Percentage of outliers high0.08333

Mean of outliers high0.13420
 Risk estimates based on draw downs (based on Extreme Value T

Extreme Value Index (moments method)6.05206

VaR(95%) (moments method)0.10989

Expected Shortfall (moments method)0.10992

Extreme Value Index (regression method)0.97355

VaR(95%) (regression method)0.14558

Expected Shortfall (regression method)0.15686
 COMBINED STATISTICS

Annualized return (arithmetic extrapolation)0.31525

Compounded annual return (geometric extrapolation)0.20836

Calmar ratio (compounded annual return / max draw down)1.55266

Compounded annual return / average of 25% largest draw downs2.07240

Compounded annual return / Expected Shortfall lognormal2.16861

0.00000

0.00000
 Analysis based on DAILY values, full history
 RATIO STATISTICS
 Ratio statistics of excess return rates
 Statistics related to Sharpe ratio

Mean0.17464

SD0.16547

Sharpe ratio (Glass type estimate)1.05543

Sharpe ratio (Hedges UMVUE)1.05483

df1318.00000

t2.36811

p0.46745

Lowerbound of 95% confidence interval for Sharpe Ratio0.18078

Upperbound of 95% confidence interval for Sharpe Ratio1.92970

Lowerbound of 95% CI (Gibbons, Hedeker & Davis approximation0.18038

Upperbound of 95% CI (Gibbons, Hedeker & Davis approximation1.92928
 Statistics related to Sortino ratio

Sortino ratio1.66008

Upside Potential Ratio8.70424

Upside part of mean0.91567

Downside part of mean0.74103

Upside SD0.12809

Downside SD0.10520

N nonnegative terms576.00000

N negative terms743.00000
 Statistics related to linear regression on benchmark

N of observations1319.00000

Mean of predictor0.12556

Mean of criterion0.17464

SD of predictor0.21196

SD of criterion0.16547

Covariance0.00914

r0.26048

b (slope, estimate of beta)0.20334

a (intercept, estimate of alpha)0.14900

Mean Square Error0.02554

DF error1317.00000

t(b)9.79080

p(b)0.33607

t(a)2.09201

p(a)0.46338

Lowerbound of 95% confidence interval for beta0.16259

Upperbound of 95% confidence interval for beta0.24408

Lowerbound of 95% confidence interval for alpha0.00928

Upperbound of 95% confidence interval for alpha0.28893

Treynor index (mean / b)0.85886

Jensen alpha (a)0.14911
 Ratio statistics of excess log return rates
 Statistics related to Sharpe ratio

Mean0.16098

SD0.16467

Sharpe ratio (Glass type estimate)0.97755

Sharpe ratio (Hedges UMVUE)0.97700

df1318.00000

t2.19337

p0.46985

Lowerbound of 95% confidence interval for Sharpe Ratio0.10306

Upperbound of 95% confidence interval for Sharpe Ratio1.85171

Lowerbound of 95% CI (Gibbons, Hedeker & Davis approximation0.10267

Upperbound of 95% CI (Gibbons, Hedeker & Davis approximation1.85132
 Statistics related to Sortino ratio

Sortino ratio1.51438

Upside Potential Ratio8.53761

Upside part of mean0.90754

Downside part of mean0.74657

Upside SD0.12608

Downside SD0.10630

N nonnegative terms576.00000

N negative terms743.00000
 Statistics related to linear regression on benchmark

N of observations1319.00000

Mean of predictor0.10296

Mean of criterion0.16098

SD of predictor0.21285

SD of criterion0.16467

Covariance0.00904

r0.25779

b (slope, estimate of beta)0.19944

a (intercept, estimate of alpha)0.14044

Mean Square Error0.02533

DF error1317.00000

t(b)9.68279

p(b)0.33772

t(a)1.97890

p(a)0.46535

Lowerbound of 95% confidence interval for beta0.15903

Upperbound of 95% confidence interval for beta0.23985

Lowerbound of 95% confidence interval for alpha0.00122

Upperbound of 95% confidence interval for alpha0.27967

Treynor index (mean / b)0.80714

Jensen alpha (a)0.14044
 Risk estimates for a oneperiod unit investment (parametric)
 assuming log normal returns and losses (using central moments from Sharpe statistics)

VaR(95%)0.01599

Expected Shortfall on VaR0.02016
 assuming Pareto losses only (using partial moments from Sortino statistics)

VaR(95%)0.00696

Expected Shortfall on VaR0.01412
 ORDER STATISTICS
 Quartiles of return rates

Number of observations1319.00000

Minimum0.95443

Quartile 10.99764

Median1.00000

Quartile 31.00410

Maximum1.09903

Mean of quarter 10.98943

Mean of quarter 20.99950

Mean of quarter 31.00144

Mean of quarter 41.01272

Inter Quartile Range0.00645

Number outliers low111.00000

Percentage of outliers low0.08415

Mean of outliers low0.98097

Number of outliers high109.00000

Percentage of outliers high0.08264

Mean of outliers high1.02243
 Risk estimates for a oneperiod unit investment (based on Ex

Extreme Value Index (moments method)0.00441

VaR(95%) (moments method)0.00722

Expected Shortfall (moments method)0.01021

Extreme Value Index (regression method)0.06719

VaR(95%) (regression method)0.00986

Expected Shortfall (regression method)0.01399
 DRAW DOWN STATISTICS
 Quartiles of draw downs

Number of observations45.00000

Minimum0.00025

Quartile 10.00284

Median0.01316

Quartile 30.05051

Maximum0.17690

Mean of quarter 10.00150

Mean of quarter 20.00581

Mean of quarter 30.03522

Mean of quarter 40.09792

Inter Quartile Range0.04767

Number outliers low0.00000

Percentage of outliers low0.00000

Mean of outliers low0.00000

Number of outliers high3.00000

Percentage of outliers high0.06667

Mean of outliers high0.14846
 Risk estimates based on draw downs (based on Extreme Value T

Extreme Value Index (moments method)0.35408

VaR(95%) (moments method)0.10025

Expected Shortfall (moments method)0.11749

Extreme Value Index (regression method)0.34836

VaR(95%) (regression method)0.09911

Expected Shortfall (regression method)0.11525
 COMBINED STATISTICS

Annualized return (arithmetic extrapolation)0.31545

Compounded annual return (geometric extrapolation)0.20790

Calmar ratio (compounded annual return / max draw down)1.17526

Compounded annual return / average of 25% largest draw downs2.12310

Compounded annual return / Expected Shortfall lognormal10.31370

0.00000

0.00000
 Analysis based on DAILY values, last 6 months only
 RATIO STATISTICS
 Ratio statistics of excess return rates
 Statistics related to Sharpe ratio

Mean0.10439

SD0.10664

Sharpe ratio (Glass type estimate)0.97887

Sharpe ratio (Hedges UMVUE)0.97321

df130.00000

t0.69217

p0.46970

Lowerbound of 95% confidence interval for Sharpe Ratio1.79730

Upperbound of 95% confidence interval for Sharpe Ratio3.75142

Lowerbound of 95% CI (Gibbons, Hedeker & Davis approximation1.80111

Upperbound of 95% CI (Gibbons, Hedeker & Davis approximation3.74754
 Statistics related to Sortino ratio

Sortino ratio1.47965

Upside Potential Ratio8.49988

Upside part of mean0.59967

Downside part of mean0.49528

Upside SD0.07969

Downside SD0.07055

N nonnegative terms55.00000

N negative terms76.00000
 Statistics related to linear regression on benchmark

N of observations131.00000

Mean of predictor0.17862

Mean of criterion0.10439

SD of predictor0.13759

SD of criterion0.10664

Covariance0.00497

r0.33872

b (slope, estimate of beta)0.26254

a (intercept, estimate of alpha)0.05749

Mean Square Error0.01015

DF error129.00000

t(b)4.08886

p(b)0.28856

t(a)0.40231

p(a)0.47747

Lowerbound of 95% confidence interval for beta0.13550

Upperbound of 95% confidence interval for beta0.38959

Lowerbound of 95% confidence interval for alpha0.22526

Upperbound of 95% confidence interval for alpha0.34024

Treynor index (mean / b)0.39761

Jensen alpha (a)0.05749
 Ratio statistics of excess log return rates
 Statistics related to Sharpe ratio

Mean0.09872

SD0.10657

Sharpe ratio (Glass type estimate)0.92632

Sharpe ratio (Hedges UMVUE)0.92097

df130.00000

t0.65501

p0.47132

Lowerbound of 95% confidence interval for Sharpe Ratio1.84946

Upperbound of 95% confidence interval for Sharpe Ratio3.69873

Lowerbound of 95% CI (Gibbons, Hedeker & Davis approximation1.85310

Upperbound of 95% CI (Gibbons, Hedeker & Davis approximation3.69504
 Statistics related to Sortino ratio

Sortino ratio1.38919

Upside Potential Ratio8.39326

Upside part of mean0.59646

Downside part of mean0.49774

Upside SD0.07911

Downside SD0.07106

N nonnegative terms55.00000

N negative terms76.00000
 Statistics related to linear regression on benchmark

N of observations131.00000

Mean of predictor0.16913

Mean of criterion0.09872

SD of predictor0.13777

SD of criterion0.10657

Covariance0.00497

r0.33853

b (slope, estimate of beta)0.26187

a (intercept, estimate of alpha)0.05443

Mean Square Error0.01013

DF error129.00000

t(b)4.08617

p(b)0.28868

t(a)0.38122

p(a)0.47865

VAR (95 Confidence Intrvl)0.01600

Lowerbound of 95% confidence interval for beta0.13507

Upperbound of 95% confidence interval for beta0.38866

Lowerbound of 95% confidence interval for alpha0.22806

Upperbound of 95% confidence interval for alpha0.33692

Treynor index (mean / b)0.37699

Jensen alpha (a)0.05443
 Risk estimates for a oneperiod unit investment (parametric)
 assuming log normal returns and losses (using central moments from Sharpe statistics)

VaR(95%)0.01040

Expected Shortfall on VaR0.01311
 assuming Pareto losses only (using partial moments from Sortino statistics)

VaR(95%)0.00474

Expected Shortfall on VaR0.00959
 ORDER STATISTICS
 Quartiles of return rates

Number of observations131.00000

Minimum0.97425

Quartile 10.99806

Median1.00000

Quartile 31.00286

Maximum1.02079

Mean of quarter 10.99314

Mean of quarter 20.99960

Mean of quarter 31.00102

Mean of quarter 41.00827

Inter Quartile Range0.00480

Number outliers low10.00000

Percentage of outliers low0.07634

Mean of outliers low0.98676

Number of outliers high9.00000

Percentage of outliers high0.06870

Mean of outliers high1.01563
 Risk estimates for a oneperiod unit investment (based on Ex

Extreme Value Index (moments method)0.45470

VaR(95%) (moments method)0.00667

Expected Shortfall (moments method)0.01428

Extreme Value Index (regression method)0.30506

VaR(95%) (regression method)0.00589

Expected Shortfall (regression method)0.01033
 DRAW DOWN STATISTICS
 Quartiles of draw downs

Number of observations8.00000

Minimum0.00197

Quartile 10.00238

Median0.00652

Quartile 30.03050

Maximum0.07932

Mean of quarter 10.00213

Mean of quarter 20.00279

Mean of quarter 30.01714

Mean of quarter 40.06404

Inter Quartile Range0.02811

Number outliers low0.00000

Percentage of outliers low0.00000

Mean of outliers low0.00000

Number of outliers high1.00000

Percentage of outliers high0.12500

Mean of outliers high0.07932
 Risk estimates based on draw downs (based on Extreme Value T

Extreme Value Index (moments method)0.00000

VaR(95%) (moments method)0.00000

Expected Shortfall (moments method)0.00000

Extreme Value Index (regression method)0.00000

VaR(95%) (regression method)0.00000

Last 4 Months  Pcnt Negative0.75%

Expected Shortfall (regression method)0.00000

Strat Max DD how much worse than SP500 max DD during strat life?401736000

Max Equity Drawdown (num days)297
 COMBINED STATISTICS

Annualized return (arithmetic extrapolation)0.13072

Compounded annual return (geometric extrapolation)0.13500

Calmar ratio (compounded annual return / max draw down)1.70188

Compounded annual return / average of 25% largest draw downs2.10812

Compounded annual return / Expected Shortfall lognormal10.29350
Strategy Description
Markets are meticulously monitored and under normal circumstances trades are executed around Market Open and Market Close. Average holding time is usually a couple of days but shortterm daytrades are possible. During regular market sessions Stop Loss orders are put in place.
Subscribe to this strategy now for $195/month.
Be sure to also check out our other trading strategies on Collective2:
• SmartFutures: Our discretionary ES/MES Futures trading strategy
collective2.com/details/132148218
• VIXPro Volatility Fund: Our flagship algorithmic volatility trading strategy
collective2.com/details/133141816
VIXPro
Latest Activity
Most values on this page (including the Strategy Equity Chart, above) have been adjusted by estimated trading commissions and subscription costs.
Some advanced users find it useful to see "raw" Model Account values. These numbers do not include any commissions, fees, subscription costs, or dividend actions.
Strategy developers can "archive" strategies at any time. This means the strategy Model Account is reset to its initial level and the trade list cleared. However, all archived track records are permanently preserved for evaluation by potential subscribers.
About the results you see on this Web site
Past results are not necessarily indicative of future results.
These results are based on simulated or hypothetical performance results that have certain inherent limitations. Unlike the results shown in an actual performance record, these results do not represent actual trading. Also, because these trades have not actually been executed, these results may have underor overcompensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated or hypothetical trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profits or losses similar to these being shown.
In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk in actual trading. For example, the ability to withstand losses or to adhere to a particular trading program in spite of trading losses are material points which can also adversely affect actual trading results. There are numerous other factors related to the markets in general or to the implementation of any specific trading program, which cannot be fully accounted for in the preparation of hypothetical performance results and all of which can adversely affect actual trading results.
Material assumptions and methods used when calculating results
The following are material assumptions used when calculating any hypothetical monthly results that appear on our web site.
 Profits are reinvested. We assume profits (when there are profits) are reinvested in the trading strategy.
 Starting investment size. For any trading strategy on our site, hypothetical results are based on the assumption that you invested the starting amount shown on the strategy's performance chart. In some cases, nominal dollar amounts on the equity chart have been rescaled downward to make current goforward trading sizes more manageable. In these cases, it may not have been possible to trade the strategy historically at the equity levels shown on the chart, and a higher minimum capital was required in the past.
 All fees are included. When calculating cumulative returns, we try to estimate and include all the fees a typical trader incurs when AutoTrading using AutoTrade technology. This includes the subscription cost of the strategy, plus any pertrade AutoTrade fees, plus estimated broker commissions if any.
 "Max Drawdown" Calculation Method. We calculate the Max Drawdown statistic as follows. Our computer software looks at the equity chart of the system in question and finds the largest percentage amount that the equity chart ever declines from a local "peak" to a subsequent point in time (thus this is formally called "Maximum Peak to Valley Drawdown.") While this is useful information when evaluating trading systems, you should keep in mind that past performance does not guarantee future results. Therefore, future drawdowns may be larger than the historical maximum drawdowns you see here.
Trading is risky
There is a substantial risk of loss in futures and forex trading. Online trading of stocks and options is extremely risky. Assume you will lose money. Don't trade with money you cannot afford to lose.
Not available
This feature isn't available under your current Trade Leader Plan.
Strategy is now visible
This strategy is now visible to the public. New subscribers will be able to follow it.
If you designate your strategy as Private, it will no longer be visible to the public.
No subscribers and simulations will be allowed. If you have subscribers, the strategy will still be visible to them.
If you have simulations, they will be stopped.
Continue to designate your strategy as Private?
Strategy is no longer visible
This strategy is no longer visible to anyone except current subscribers.
(Current subscribers will remain subscribed. You can see who is subscribed, and control their subscriptions, on your Subscriber Management screen.)
Finally, please note that you can restore public visibility at any time.
This strategy is no longer visible to the public. No subscribers will be allowed.
You can restore public visibility at any time.
Suggested Minimum Capital
This is our estimate of the minimum amount of capital to follow a strategy, assuming you use the smallest reasonable AutoTrade Scaling % for the strategy.