EliteSPX
(125237603)
Subscription terms. Subscriptions to this system cost $99.00 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 Cumulative Rate of Return is calculated
= (Ending_equity  Starting_equity) / Starting_equity
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  (1.9%)  (0.2%)  +3.5%  +0.4%  +1.7%  
2020  (0.7%)  (2.6%)  +32.4%  +0.9%  +4.2%  +34.6% 
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  $50,000  
Buy Power  $66,120  
Cash  $1  
Equity  $1  
Cumulative $  $19,780  
Total System Equity  $69,780  
Margined  $1  
Open P/L  $383  
Data has been delayed by 168 hours for nonsubscribers 
System developer has asked us to delay this information by 168 hours.
Trading Record
Statistics

Strategy began9/5/2019

Suggested Minimum Cap$70,000

Strategy Age (days)267.83

Age9 months ago

What it tradesFutures

# Trades65

# Profitable38

% Profitable58.50%

Avg trade duration2.3 days

Max peaktovalley drawdown10.2%

drawdown periodSept 19, 2019  Oct 22, 2019

Cumul. Return37.0%

Avg win$1,037

Avg loss$727.70
 Model Account Values (Raw)

Cash$69,270

Margin Used$3,660

Buying Power$66,120
 Ratios

W:L ratio2.01:1

Sharpe Ratio2.13

Sortino Ratio3.86

Calmar Ratio6.371
 CORRELATION STATISTICS

Return of Strat Pcnt  Return of SP500 Pcnt (cumu)34.66%

Correlation to SP5000.04380

Return Percent SP500 (cumu) during strategy life2.30%
 Return Statistics

Ann Return (w trading costs)52.8%
 Slump

Current Slump as Pcnt Equity0.03%
 Instruments

Percent Trades Futures1.00%
 Slump

Current Slump, time of slump as pcnt of strategy life0.00%
 Instruments

Short Options  Percent Covered100.00%
 Return Statistics

Return Pcnt (Compound or Annual, agebased, NFA compliant)0.369%
 Instruments

Percent Trades Optionsn/a

Percent Trades Stocksn/a

Percent Trades Forexn/a
 Return Statistics

Ann Return (Compnd, No Fees)57.2%
 Risk of Ruin (MonteCarlo)

Chance of 10% account loss5.00%

Chance of 20% account lossn/a

Chance of 30% account lossn/a

Chance of 40% account lossn/a

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

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

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

Percentage Signals Automatedn/a
 Risk of Ruin (MonteCarlo)

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

Chance of 50% account lossn/a
 Popularity

Popularity (Today)551

Popularity (Last 6 weeks)886
 Trading Style

Any stock shorts? 0/10
 Popularity

C2 Score935

Popularity (7 days, Percentile 1000 scale)791
 Management

No Subs Allowed Flag (1: no subs)0

Strat abandoned?0
 TradesOwnSystem Certification

Trades Own System?

TOS percentn/a
 Win / Loss

Avg Loss$728

Avg Win$1,038

Sum Trade PL (losers)$19,648.000
 Age

Num Months filled monthly returns table9
 Win / Loss

Sum Trade PL (winners)$39,428.000

# Winners38

Num Months Winners5
 Dividends

Dividends Received in Model Acct0
 Win / Loss

# Losers27

% Winners58.5%
 Frequency

Avg Position Time (mins)3333.98

Avg Position Time (hrs)55.57

Avg Trade Length2.3 days

Last Trade Ago1
 Leverage

Daily leverage (average)1.85

Daily leverage (max)5.71
 Regression

Alpha0.12

Beta0.02

Treynor Index5.88
 Maximum Adverse Excursion (MAE)

MAE:Equity, average, all trades0.02

MAE:PL  worst single value for strategy

MAE:PL (avg, winning trades)

MAE:PL (avg, losing trades)

MAE:PL (avg, all trades)1.41

MAE:Equity, average, winning trades0.01

MAE:Equity, average, losing trades0.02

Avg(MAE) / Avg(PL)  All trades5.079

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 trades0.382

Avg(MAE) / Avg(PL)  Losing trades1.619

HoldandHope Ratio0.185
 Analysis based on MONTHLY values, full history
 RATIO STATISTICS
 Ratio statistics of excess return rates
 Statistics related to Sharpe ratio

Mean0.49160

SD0.35580

Sharpe ratio (Glass type estimate)1.38168

Sharpe ratio (Hedges UMVUE)1.22722

df7.00000

t1.12814

p0.14822

Lowerbound of 95% confidence interval for Sharpe Ratio1.16581

Upperbound of 95% confidence interval for Sharpe Ratio3.84062

Lowerbound of 95% CI (Gibbons, Hedeker & Davis approximation1.25783

Upperbound of 95% CI (Gibbons, Hedeker & Davis approximation3.71226
 Statistics related to Sortino ratio

Sortino ratio7.11165

Upside Potential Ratio8.48222

Upside part of mean0.58634

Downside part of mean0.09474

Upside SD0.35515

Downside SD0.06913

N nonnegative terms5.00000

N negative terms3.00000
 Statistics related to linear regression on benchmark

N of observations8.00000

Mean of predictor0.03047

Mean of criterion0.49160

SD of predictor0.21125

SD of criterion0.35580

Covariance0.01751

r0.23290

b (slope, estimate of beta)0.39225

a (intercept, estimate of alpha)0.47965

Mean Square Error0.13968

DF error6.00000

t(b)0.58661

p(b)0.71058

t(a)1.04684

p(a)0.16775

Lowerbound of 95% confidence interval for beta2.02846

Upperbound of 95% confidence interval for beta1.24395

Lowerbound of 95% confidence interval for alpha0.64151

Upperbound of 95% confidence interval for alpha1.60080

Treynor index (mean / b)1.25327

Jensen alpha (a)0.47965
 Ratio statistics of excess log return rates
 Statistics related to Sharpe ratio

Mean0.43451

SD0.31724

Sharpe ratio (Glass type estimate)1.36965

Sharpe ratio (Hedges UMVUE)1.21653

df7.00000

t1.11832

p0.15017

Lowerbound of 95% confidence interval for Sharpe Ratio1.17578

Upperbound of 95% confidence interval for Sharpe Ratio3.82715

Lowerbound of 95% CI (Gibbons, Hedeker & Davis approximation1.26707

Upperbound of 95% CI (Gibbons, Hedeker & Davis approximation3.70013
 Statistics related to Sortino ratio

Sortino ratio6.12320

Upside Potential Ratio7.49003

Upside part of mean0.53150

Downside part of mean0.09699

Upside SD0.31426

Downside SD0.07096

N nonnegative terms5.00000

N negative terms3.00000
 Statistics related to linear regression on benchmark

N of observations8.00000

Mean of predictor0.05118

Mean of criterion0.43451

SD of predictor0.22100

SD of criterion0.31724

Covariance0.01564

r0.22315

b (slope, estimate of beta)0.32032

a (intercept, estimate of alpha)0.41812

Mean Square Error0.11157

DF error6.00000

t(b)0.56073

p(b)0.70236

t(a)1.01947

p(a)0.17366

Lowerbound of 95% confidence interval for beta1.71813

Upperbound of 95% confidence interval for beta1.07750

Lowerbound of 95% confidence interval for alpha0.58545

Upperbound of 95% confidence interval for alpha1.42169

Treynor index (mean / b)1.35650

Jensen alpha (a)0.41812
 Risk estimates for a oneperiod unit investment (parametric)
 assuming log normal returns and losses (using central moments from Sharpe statistics)

VaR(95%)0.10812

Expected Shortfall on VaR0.14112
 assuming Pareto losses only (using partial moments from Sortino statistics)

VaR(95%)0.01461

Expected Shortfall on VaR0.03255
 ORDER STATISTICS
 Quartiles of return rates

Number of observations8.00000

Minimum0.94610

Quartile 10.99894

Median1.01074

Quartile 31.04321

Maximum1.28398

Mean of quarter 10.97240

Mean of quarter 21.00106

Mean of quarter 31.02814

Mean of quarter 41.17158

Inter Quartile Range0.04427

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 high1.28398
 Risk estimates for a oneperiod unit investment (based on Ex

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

Expected Shortfall (regression method)0.00000
 DRAW DOWN STATISTICS
 Quartiles of draw downs

Number of observations3.00000

Minimum0.00097

Quartile 10.00114

Median0.00130

Quartile 30.02760

Maximum0.05390

Mean of quarter 10.00097

Mean of quarter 20.00130

Mean of quarter 30.00000

Mean of quarter 40.05390

Inter Quartile Range0.02646

Number outliers low0.00000

Percentage of outliers low0.00000

Mean of outliers low0.00000

Number of outliers high0.00000

Percentage of outliers high0.00000

Mean of outliers high0.00000
 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

Expected Shortfall (regression method)0.00000
 COMBINED STATISTICS

Annualized return (arithmetic extrapolation)0.54162

Compounded annual return (geometric extrapolation)0.58791

Calmar ratio (compounded annual return / max draw down)10.90760

Compounded annual return / average of 25% largest draw downs10.90760

Compounded annual return / Expected Shortfall lognormal4.16607

0.00000

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

Mean0.45705

SD0.19772

Sharpe ratio (Glass type estimate)2.31168

Sharpe ratio (Hedges UMVUE)2.30245

df188.00000

t1.96340

p0.42912

Lowerbound of 95% confidence interval for Sharpe Ratio0.01078

Upperbound of 95% confidence interval for Sharpe Ratio4.62809

Lowerbound of 95% CI (Gibbons, Hedeker & Davis approximation0.01689

Upperbound of 95% CI (Gibbons, Hedeker & Davis approximation4.62179
 Statistics related to Sortino ratio

Sortino ratio4.75456

Upside Potential Ratio11.20870

Upside part of mean1.07749

Downside part of mean0.62043

Upside SD0.17447

Downside SD0.09613

N nonnegative terms89.00000

N negative terms100.00000
 Statistics related to linear regression on benchmark

N of observations189.00000

Mean of predictor0.07348

Mean of criterion0.45705

SD of predictor0.37329

SD of criterion0.19772

Covariance0.00337

r0.04570

b (slope, estimate of beta)0.02420

a (intercept, estimate of alpha)0.45900

Mean Square Error0.03922

DF error187.00000

t(b)0.62553

p(b)0.52908

t(a)1.96770

p(a)0.40964

Lowerbound of 95% confidence interval for beta0.10053

Upperbound of 95% confidence interval for beta0.05213

Lowerbound of 95% confidence interval for alpha0.00117

Upperbound of 95% confidence interval for alpha0.91884

Treynor index (mean / b)18.88420

Jensen alpha (a)0.45883
 Ratio statistics of excess log return rates
 Statistics related to Sharpe ratio

Mean0.43766

SD0.19411

Sharpe ratio (Glass type estimate)2.25475

Sharpe ratio (Hedges UMVUE)2.24574

df188.00000

t1.91504

p0.43084

Lowerbound of 95% confidence interval for Sharpe Ratio0.06706

Upperbound of 95% confidence interval for Sharpe Ratio4.57067

Lowerbound of 95% CI (Gibbons, Hedeker & Davis approximation0.07303

Upperbound of 95% CI (Gibbons, Hedeker & Davis approximation4.56452
 Statistics related to Sortino ratio

Sortino ratio4.49947

Upside Potential Ratio10.92550

Upside part of mean1.06272

Downside part of mean0.62506

Upside SD0.16955

Downside SD0.09727

N nonnegative terms89.00000

N negative terms100.00000
 Statistics related to linear regression on benchmark

N of observations189.00000

Mean of predictor0.00355

Mean of criterion0.43766

SD of predictor0.37597

SD of criterion0.19411

Covariance0.00384

r0.05261

b (slope, estimate of beta)0.02716

a (intercept, estimate of alpha)0.43776

Mean Square Error0.03777

DF error187.00000

t(b)0.72042

p(b)0.53348

t(a)1.91301

p(a)0.41208

Lowerbound of 95% confidence interval for beta0.10154

Upperbound of 95% confidence interval for beta0.04721

Lowerbound of 95% confidence interval for alpha0.01367

Upperbound of 95% confidence interval for alpha0.88919

Treynor index (mean / b)16.11350

Jensen alpha (a)0.43776
 Risk estimates for a oneperiod unit investment (parametric)
 assuming log normal returns and losses (using central moments from Sharpe statistics)

VaR(95%)0.01789

Expected Shortfall on VaR0.02279
 assuming Pareto losses only (using partial moments from Sortino statistics)

VaR(95%)0.00557

Expected Shortfall on VaR0.01173
 ORDER STATISTICS
 Quartiles of return rates

Number of observations189.00000

Minimum0.95791

Quartile 10.99821

Median1.00000

Quartile 31.00408

Maximum1.09904

Mean of quarter 10.99113

Mean of quarter 20.99976

Mean of quarter 31.00178

Mean of quarter 41.01496

Inter Quartile Range0.00587

Number outliers low12.00000

Percentage of outliers low0.06349

Mean of outliers low0.98047

Number of outliers high17.00000

Percentage of outliers high0.08995

Mean of outliers high1.02752
 Risk estimates for a oneperiod unit investment (based on Ex

Extreme Value Index (moments method)0.04825

VaR(95%) (moments method)0.00582

Expected Shortfall (moments method)0.00855

Extreme Value Index (regression method)0.04875

VaR(95%) (regression method)0.00909

Expected Shortfall (regression method)0.01402
 DRAW DOWN STATISTICS
 Quartiles of draw downs

Number of observations7.00000

Minimum0.00217

Quartile 10.00935

Median0.02859

Quartile 30.06714

Maximum0.09307

Mean of quarter 10.00491

Mean of quarter 20.01982

Mean of quarter 30.05052

Mean of quarter 40.08841

Inter Quartile Range0.05779

Number outliers low0.00000

Percentage of outliers low0.00000

Mean of outliers low0.00000

Number of outliers high0.00000

Percentage of outliers high0.00000

Mean of outliers high0.00000
 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

Expected Shortfall (regression method)0.00000
 COMBINED STATISTICS

Annualized return (arithmetic extrapolation)0.55329

Compounded annual return (geometric extrapolation)0.59292

Calmar ratio (compounded annual return / max draw down)6.37070

Compounded annual return / average of 25% largest draw downs6.70623

Compounded annual return / Expected Shortfall lognormal26.01460

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

Mean0.62952

SD0.22210

Sharpe ratio (Glass type estimate)2.83435

Sharpe ratio (Hedges UMVUE)2.81797

df130.00000

t2.00419

p0.41344

Lowerbound of 95% confidence interval for Sharpe Ratio0.03598

Upperbound of 95% confidence interval for Sharpe Ratio5.62214

Lowerbound of 95% CI (Gibbons, Hedeker & Davis approximation0.02508

Upperbound of 95% CI (Gibbons, Hedeker & Davis approximation5.61086
 Statistics related to Sortino ratio

Sortino ratio6.39759

Upside Potential Ratio12.66360

Upside part of mean1.24609

Downside part of mean0.61657

Upside SD0.20195

Downside SD0.09840

N nonnegative terms62.00000

N negative terms69.00000
 Statistics related to linear regression on benchmark

N of observations131.00000

Mean of predictor0.00870

Mean of criterion0.62952

SD of predictor0.44433

SD of criterion0.22210

Covariance0.00721

r0.07301

b (slope, estimate of beta)0.03650

a (intercept, estimate of alpha)0.62984

Mean Square Error0.04945

DF error129.00000

t(b)0.83150

p(b)0.54644

t(a)2.00282

p(a)0.39000

Lowerbound of 95% confidence interval for beta0.12334

Upperbound of 95% confidence interval for beta0.05035

Lowerbound of 95% confidence interval for alpha0.00764

Upperbound of 95% confidence interval for alpha1.25204

Treynor index (mean / b)17.24840

Jensen alpha (a)0.62984
 Ratio statistics of excess log return rates
 Statistics related to Sharpe ratio

Mean0.60495

SD0.21743

Sharpe ratio (Glass type estimate)2.78233

Sharpe ratio (Hedges UMVUE)2.76625

df130.00000

t1.96740

p0.41498

Lowerbound of 95% confidence interval for Sharpe Ratio0.01526

Upperbound of 95% confidence interval for Sharpe Ratio5.56947

Lowerbound of 95% CI (Gibbons, Hedeker & Davis approximation0.02588

Upperbound of 95% CI (Gibbons, Hedeker & Davis approximation5.55837
 Statistics related to Sortino ratio

Sortino ratio6.07137

Upside Potential Ratio12.30810

Upside part of mean1.22638

Downside part of mean0.62143

Upside SD0.19591

Downside SD0.09964

N nonnegative terms62.00000

N negative terms69.00000
 Statistics related to linear regression on benchmark

N of observations131.00000

Mean of predictor0.09014

Mean of criterion0.60495

SD of predictor0.44751

SD of criterion0.21743

Covariance0.00783

r0.08049

b (slope, estimate of beta)0.03911

a (intercept, estimate of alpha)0.60143

Mean Square Error0.04733

DF error129.00000

t(b)0.91722

p(b)0.55119

t(a)1.95459

p(a)0.39255

VAR (95 Confidence Intrvl)0.01800

Lowerbound of 95% confidence interval for beta0.12347

Upperbound of 95% confidence interval for beta0.04525

Lowerbound of 95% confidence interval for alpha0.00736

Upperbound of 95% confidence interval for alpha1.21022

Treynor index (mean / b)15.46840

Jensen alpha (a)0.60143
 Risk estimates for a oneperiod unit investment (parametric)
 assuming log normal returns and losses (using central moments from Sharpe statistics)

VaR(95%)0.01959

Expected Shortfall on VaR0.02507
 assuming Pareto losses only (using partial moments from Sortino statistics)

VaR(95%)0.00550

Expected Shortfall on VaR0.01171
 ORDER STATISTICS
 Quartiles of return rates

Number of observations131.00000

Minimum0.95791

Quartile 10.99890

Median1.00000

Quartile 31.00435

Maximum1.09904

Mean of quarter 10.99093

Mean of quarter 20.99994

Mean of quarter 31.00184

Mean of quarter 41.01730

Inter Quartile Range0.00545

Number outliers low11.00000

Percentage of outliers low0.08397

Mean of outliers low0.98264

Number of outliers high16.00000

Percentage of outliers high0.12214

Mean of outliers high1.02783
 Risk estimates for a oneperiod unit investment (based on Ex

Extreme Value Index (moments method)0.52345

VaR(95%) (moments method)0.00493

Expected Shortfall (moments method)0.00589

Extreme Value Index (regression method)0.03196

VaR(95%) (regression method)0.01060

Expected Shortfall (regression method)0.01606
 DRAW DOWN STATISTICS
 Quartiles of draw downs

Number of observations8.00000

Minimum0.00217

Quartile 10.00756

Median0.01707

Quartile 30.03408

Maximum0.08376

Mean of quarter 10.00435

Mean of quarter 20.00948

Mean of quarter 30.02584

Mean of quarter 40.06714

Inter Quartile Range0.02651

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 high0.08376
 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 Negative0.25%

Expected Shortfall (regression method)0.00000

Strat Max DD how much worse than SP500 max DD during strat life?245309000

Max Equity Drawdown (num days)33
 COMBINED STATISTICS

Annualized return (arithmetic extrapolation)0.74444

Compounded annual return (geometric extrapolation)0.88299

Calmar ratio (compounded annual return / max draw down)10.54220

Compounded annual return / average of 25% largest draw downs13.15190

Compounded annual return / Expected Shortfall lognormal35.22540
Strategy Description
We switch between long and short positions or go back to cash entirely. Markets are meticulously monitored and under normal circumstances all trades are executed at 9:30AM, 4PM or 4:30PM (EST). During regular market sessions Stop Loss orders are put in place.
Backtested performance results are available on request.
Subscribe to this strategy now for only $99/month.
VIXPro
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.