SmartFutures
(132148218)
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.
Short Term
Makes shortterm trades or bases analysis on shortterm market movements.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  

2020  +6.1%  +2.0%  +8.2%  
2021  +10.1%  +5.3%  +10.3%  (3.5%)  +10.7%  +3.6%  +2.6%  +0.1%  (1.7%)  +1.8%  (1.7%)  +7.5%  +53.5% 
2022  (7.8%)  (1.4%)  +8.6%  (0.8%)  (2.1%)  (3.6%)  +12.8%  (2.8%)  +1.9%  +12.9%  +8.3%  +3.0%  +30.0% 
2023  +17.2%  +2.9%  +2.0%  +1.8%  +0.1%  +1.1%  +0.5%  (1.7%)  (4%)  (2.6%)  +1.1%  +0.7%  +19.1% 
2024  +2.6%  (0.4%)  (1.1%)  +1.0%  +0.9%  +2.1%  +5.0% 
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  $25,000  
Buy Power  $76,581  
Cash  $1  
Equity  $1  
Cumulative $  $53,941  
Total System Equity  $78,941  
Margined  $1  
Open P/L  $945  
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 began11/9/2020

Suggested Minimum Cap$70,000

Strategy Age (days)1313.95

Age44 months ago

What it tradesFutures

# Trades342

# Profitable227

% Profitable66.40%

Avg trade duration3.7 days

Max peaktovalley drawdown25.87%

drawdown periodJan 20, 2022  Feb 24, 2022

Annual Return (Compounded)31.7%

Avg win$414.24

Avg loss$348.45
 Model Account Values (Raw)

Cash$78,416

Margin Used$2,360

Buying Power$76,581
 Ratios

W:L ratio2.35:1

Sharpe Ratio1.18

Sortino Ratio1.94

Calmar Ratio2.004
 CORRELATION STATISTICS

Return of Strat Pcnt  Return of SP500 Pcnt (cumu)117.16%

Correlation to SP5000.38470

Return Percent SP500 (cumu) during strategy life52.98%
 Return Statistics

Ann Return (w trading costs)31.7%
 Slump

Current Slump as Pcnt Equity2.20%
 Instruments

Percent Trades Futures0.94%
 Slump

Current Slump, time of slump as pcnt of strategy life0.25%
 Return Statistics

Return Pcnt Since TOS Statusn/a
 Instruments

Short Options  Percent Covered100.00%
 Return Statistics

Return Pcnt (Compound or Annual, agebased, NFA compliant)0.317%
 Instruments

Percent Trades Optionsn/a

Percent Trades Stocks0.06%

Percent Trades Forexn/a
 Return Statistics

Ann Return (Compnd, No Fees)37.6%
 Risk of Ruin (MonteCarlo)

Chance of 10% account loss32.50%

Chance of 20% account loss7.50%

Chance of 30% account loss1.00%

Chance of 40% account lossn/a

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 Automated0.08%
 Risk of Ruin (MonteCarlo)

Chance of 50% account lossn/a
 Popularity

Popularity (Today)425

Popularity (Last 6 weeks)882
 Trading Style

Any stock shorts? 0/10
 Popularity

C2 Score978

Popularity (7 days, Percentile 1000 scale)840
 TradesOwnSystem Certification

Trades Own System?

TOS percentn/a
 Win / Loss

Avg Loss$348

Avg Win$414

Sum Trade PL (losers)$40,072.000
 Age

Num Months filled monthly returns table44
 Win / Loss

Sum Trade PL (winners)$94,032.000

# Winners227

Num Months Winners30
 Dividends

Dividends Received in Model Acct0
 Win / Loss

# Losers115

% Winners66.4%
 Frequency

Avg Position Time (mins)5283.33

Avg Position Time (hrs)88.06

Avg Trade Length3.7 days

Last Trade Ago4
 Leverage

Daily leverage (average)1.40

Daily leverage (max)19.57
 Regression

Alpha0.06

Beta0.45

Treynor Index0.17
 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)0.40

MAE:Equity, average, winning trades0.01

MAE:Equity, average, losing trades0.03

Avg(MAE) / Avg(PL)  All trades5.097

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 trades0.782

Avg(MAE) / Avg(PL)  Losing trades3.068

HoldandHope Ratio0.198
 Analysis based on MONTHLY values, full history
 RATIO STATISTICS
 Ratio statistics of excess return rates
 Statistics related to Sharpe ratio

Mean0.31752

SD0.20711

Sharpe ratio (Glass type estimate)1.53311

Sharpe ratio (Hedges UMVUE)1.50487

df41.00000

t2.86819

p0.00325

Lowerbound of 95% confidence interval for Sharpe Ratio0.42598

Upperbound of 95% confidence interval for Sharpe Ratio2.62327

Lowerbound of 95% CI (Gibbons, Hedeker & Davis approximation0.40776

Upperbound of 95% CI (Gibbons, Hedeker & Davis approximation2.60198
 Statistics related to Sortino ratio

Sortino ratio3.93197

Upside Potential Ratio5.36991

Upside part of mean0.43363

Downside part of mean0.11612

Upside SD0.20917

Downside SD0.08075

N nonnegative terms29.00000

N negative terms13.00000
 Statistics related to linear regression on benchmark

N of observations42.00000

Mean of predictor0.10181

Mean of criterion0.31752

SD of predictor0.16688

SD of criterion0.20711

Covariance0.01361

r0.39366

b (slope, estimate of beta)0.48855

a (intercept, estimate of alpha)0.26778

Mean Square Error0.03715

DF error40.00000

t(b)2.70838

p(b)0.00495

t(a)2.55872

p(a)0.00720

Lowerbound of 95% confidence interval for beta0.12398

Upperbound of 95% confidence interval for beta0.85311

Lowerbound of 95% confidence interval for alpha0.05627

Upperbound of 95% confidence interval for alpha0.47929

Treynor index (mean / b)0.64992

Jensen alpha (a)0.26778
 Ratio statistics of excess log return rates
 Statistics related to Sharpe ratio

Mean0.29333

SD0.19803

Sharpe ratio (Glass type estimate)1.48124

Sharpe ratio (Hedges UMVUE)1.45395

df41.00000

t2.77114

p0.00418

Lowerbound of 95% confidence interval for Sharpe Ratio0.37767

Upperbound of 95% confidence interval for Sharpe Ratio2.56829

Lowerbound of 95% CI (Gibbons, Hedeker & Davis approximation0.36006

Upperbound of 95% CI (Gibbons, Hedeker & Davis approximation2.54783
 Statistics related to Sortino ratio

Sortino ratio3.49126

Upside Potential Ratio4.91093

Upside part of mean0.41261

Downside part of mean0.11928

Upside SD0.19594

Downside SD0.08402

N nonnegative terms29.00000

N negative terms13.00000
 Statistics related to linear regression on benchmark

N of observations42.00000

Mean of predictor0.08771

Mean of criterion0.29333

SD of predictor0.16642

SD of criterion0.19803

Covariance0.01336

r0.40529

b (slope, estimate of beta)0.48227

a (intercept, estimate of alpha)0.25103

Mean Square Error0.03359

DF error40.00000

t(b)2.80390

p(b)0.00388

t(a)2.53248

p(a)0.00768

Lowerbound of 95% confidence interval for beta0.13464

Upperbound of 95% confidence interval for beta0.82989

Lowerbound of 95% confidence interval for alpha0.05069

Upperbound of 95% confidence interval for alpha0.45138

Treynor index (mean / b)0.60824

Jensen alpha (a)0.25103
 Risk estimates for a oneperiod unit investment (parametric)
 assuming log normal returns and losses (using central moments from Sharpe statistics)

VaR(95%)0.06722

Expected Shortfall on VaR0.08904
 assuming Pareto losses only (using partial moments from Sortino statistics)

VaR(95%)0.01562

Expected Shortfall on VaR0.03554
 ORDER STATISTICS
 Quartiles of return rates

Number of observations42.00000

Minimum0.89143

Quartile 10.99479

Median1.01990

Quartile 31.05262

Maximum1.19399

Mean of quarter 10.96615

Mean of quarter 21.00896

Mean of quarter 31.03159

Mean of quarter 41.10690

Inter Quartile Range0.05783

Number outliers low1.00000

Percentage of outliers low0.02381

Mean of outliers low0.89143

Number of outliers high3.00000

Percentage of outliers high0.07143

Mean of outliers high1.17359
 Risk estimates for a oneperiod unit investment (based on Ex

Extreme Value Index (moments method)1.63848

VaR(95%) (moments method)0.02026

Expected Shortfall (moments method)0.02101

Extreme Value Index (regression method)0.17306

VaR(95%) (regression method)0.03425

Expected Shortfall (regression method)0.05829
 DRAW DOWN STATISTICS
 Quartiles of draw downs

Number of observations6.00000

Minimum0.00597

Quartile 10.01716

Median0.02327

Quartile 30.04241

Maximum0.11172

Mean of quarter 10.01079

Mean of quarter 20.02182

Mean of quarter 30.02473

Mean of quarter 40.08001

Inter Quartile Range0.02525

Number outliers low0.00000

Percentage of outliers low0.00000

Mean of outliers low0.00000

Number of outliers high1.00000

Percentage of outliers high0.16667

Mean of outliers high0.11172
 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)0.59376

Compounded annual return (geometric extrapolation)0.37884

Calmar ratio (compounded annual return / max draw down)3.39101

Compounded annual return / average of 25% largest draw downs4.73482

Compounded annual return / Expected Shortfall lognormal4.25488

0.00000

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

Mean0.30867

SD0.17688

Sharpe ratio (Glass type estimate)1.74513

Sharpe ratio (Hedges UMVUE)1.74373

df934.00000

t3.29673

p0.00051

Lowerbound of 95% confidence interval for Sharpe Ratio0.70416

Upperbound of 95% confidence interval for Sharpe Ratio2.78521

Lowerbound of 95% CI (Gibbons, Hedeker & Davis approximation0.70321

Upperbound of 95% CI (Gibbons, Hedeker & Davis approximation2.78425
 Statistics related to Sortino ratio

Sortino ratio2.79716

Upside Potential Ratio8.65632

Upside part of mean0.95525

Downside part of mean0.64657

Upside SD0.13942

Downside SD0.11035

N nonnegative terms496.00000

N negative terms439.00000
 Statistics related to linear regression on benchmark

N of observations935.00000

Mean of predictor0.10523

Mean of criterion0.30867

SD of predictor0.16724

SD of criterion0.17688

Covariance0.01193

r0.40326

b (slope, estimate of beta)0.42651

a (intercept, estimate of alpha)0.26400

Mean Square Error0.02623

DF error933.00000

t(b)13.46060

p(b)0.00000

t(a)3.07484

p(a)0.00108

Lowerbound of 95% confidence interval for beta0.36432

Upperbound of 95% confidence interval for beta0.48869

Lowerbound of 95% confidence interval for alpha0.09543

Upperbound of 95% confidence interval for alpha0.43216

Treynor index (mean / b)0.72373

Jensen alpha (a)0.26379
 Ratio statistics of excess log return rates
 Statistics related to Sharpe ratio

Mean0.29295

SD0.17603

Sharpe ratio (Glass type estimate)1.66422

Sharpe ratio (Hedges UMVUE)1.66288

df934.00000

t3.14387

p0.00086

Lowerbound of 95% confidence interval for Sharpe Ratio0.62352

Upperbound of 95% confidence interval for Sharpe Ratio2.70403

Lowerbound of 95% CI (Gibbons, Hedeker & Davis approximation0.62263

Upperbound of 95% CI (Gibbons, Hedeker & Davis approximation2.70313
 Statistics related to Sortino ratio

Sortino ratio2.60769

Upside Potential Ratio8.41804

Upside part of mean0.94569

Downside part of mean0.65274

Upside SD0.13660

Downside SD0.11234

N nonnegative terms496.00000

N negative terms439.00000
 Statistics related to linear regression on benchmark

N of observations935.00000

Mean of predictor0.09122

Mean of criterion0.29295

SD of predictor0.16733

SD of criterion0.17603

Covariance0.01190

r0.40417

b (slope, estimate of beta)0.42518

a (intercept, estimate of alpha)0.25416

Mean Square Error0.02595

DF error933.00000

t(b)13.49690

p(b)0.00000

t(a)2.97875

p(a)0.00148

Lowerbound of 95% confidence interval for beta0.36336

Upperbound of 95% confidence interval for beta0.48700

Lowerbound of 95% confidence interval for alpha0.08671

Upperbound of 95% confidence interval for alpha0.42162

Treynor index (mean / b)0.68900

Jensen alpha (a)0.25416
 Risk estimates for a oneperiod unit investment (parametric)
 assuming log normal returns and losses (using central moments from Sharpe statistics)

VaR(95%)0.01663

Expected Shortfall on VaR0.02108
 assuming Pareto losses only (using partial moments from Sortino statistics)

VaR(95%)0.00531

Expected Shortfall on VaR0.01170
 ORDER STATISTICS
 Quartiles of return rates

Number of observations935.00000

Minimum0.93213

Quartile 10.99819

Median1.00037

Quartile 31.00411

Maximum1.10683

Mean of quarter 10.99092

Mean of quarter 20.99945

Mean of quarter 31.00187

Mean of quarter 41.01290

Inter Quartile Range0.00592

Number outliers low61.00000

Percentage of outliers low0.06524

Mean of outliers low0.97857

Number of outliers high74.00000

Percentage of outliers high0.07914

Mean of outliers high1.02438
 Risk estimates for a oneperiod unit investment (based on Ex

Extreme Value Index (moments method)0.64300

VaR(95%) (moments method)0.00810

Expected Shortfall (moments method)0.02563

Extreme Value Index (regression method)0.32871

VaR(95%) (regression method)0.00787

Expected Shortfall (regression method)0.01507
 DRAW DOWN STATISTICS
 Quartiles of draw downs

Number of observations78.00000

Minimum0.00000

Quartile 10.00101

Median0.00370

Quartile 30.01889

Maximum0.18880

Mean of quarter 10.00048

Mean of quarter 20.00235

Mean of quarter 30.00858

Mean of quarter 40.05701

Inter Quartile Range0.01788

Number outliers low0.00000

Percentage of outliers low0.00000

Mean of outliers low0.00000

Number of outliers high9.00000

Percentage of outliers high0.11539

Mean of outliers high0.08923
 Risk estimates based on draw downs (based on Extreme Value T

Extreme Value Index (moments method)0.24048

VaR(95%) (moments method)0.05286

Expected Shortfall (moments method)0.08667

Extreme Value Index (regression method)0.67524

VaR(95%) (regression method)0.04349

Expected Shortfall (regression method)0.11987
 COMBINED STATISTICS

Annualized return (arithmetic extrapolation)0.60038

Compounded annual return (geometric extrapolation)0.37831

Calmar ratio (compounded annual return / max draw down)2.00374

Compounded annual return / average of 25% largest draw downs6.63620

Compounded annual return / Expected Shortfall lognormal17.94580

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

Mean0.09789

SD0.05540

Sharpe ratio (Glass type estimate)1.76705

Sharpe ratio (Hedges UMVUE)1.75684

df130.00000

t1.24950

p0.44553

Lowerbound of 95% confidence interval for Sharpe Ratio1.01633

Upperbound of 95% confidence interval for Sharpe Ratio4.54378

Lowerbound of 95% CI (Gibbons, Hedeker & Davis approximation1.02318

Upperbound of 95% CI (Gibbons, Hedeker & Davis approximation4.53686
 Statistics related to Sortino ratio

Sortino ratio2.75390

Upside Potential Ratio9.93864

Upside part of mean0.35327

Downside part of mean0.25538

Upside SD0.04264

Downside SD0.03555

N nonnegative terms66.00000

N negative terms65.00000
 Statistics related to linear regression on benchmark

N of observations131.00000

Mean of predictor0.29177

Mean of criterion0.09789

SD of predictor0.11038

SD of criterion0.05540

Covariance0.00236

r0.38518

b (slope, estimate of beta)0.19330

a (intercept, estimate of alpha)0.04149

Mean Square Error0.00263

DF error129.00000

t(b)4.74055

p(b)0.26099

t(a)0.56412

p(a)0.46843

Lowerbound of 95% confidence interval for beta0.11263

Upperbound of 95% confidence interval for beta0.27398

Lowerbound of 95% confidence interval for alpha0.10402

Upperbound of 95% confidence interval for alpha0.18700

Treynor index (mean / b)0.50639

Jensen alpha (a)0.04149
 Ratio statistics of excess log return rates
 Statistics related to Sharpe ratio

Mean0.09634

SD0.05538

Sharpe ratio (Glass type estimate)1.73957

Sharpe ratio (Hedges UMVUE)1.72952

df130.00000

t1.23006

p0.44637

Lowerbound of 95% confidence interval for Sharpe Ratio1.04356

Upperbound of 95% confidence interval for Sharpe Ratio4.51617

Lowerbound of 95% CI (Gibbons, Hedeker & Davis approximation1.05025

Upperbound of 95% CI (Gibbons, Hedeker & Davis approximation4.50928
 Statistics related to Sortino ratio

Sortino ratio2.69971

Upside Potential Ratio9.87344

Upside part of mean0.35233

Downside part of mean0.25599

Upside SD0.04249

Downside SD0.03568

N nonnegative terms66.00000

N negative terms65.00000
 Statistics related to linear regression on benchmark

N of observations131.00000

Mean of predictor0.28554

Mean of criterion0.09634

SD of predictor0.11030

SD of criterion0.05538

Covariance0.00235

r0.38490

b (slope, estimate of beta)0.19325

a (intercept, estimate of alpha)0.04116

Mean Square Error0.00263

DF error129.00000

t(b)4.73658

p(b)0.26116

t(a)0.56001

p(a)0.46866

VAR (95 Confidence Intrvl)0.01700

Lowerbound of 95% confidence interval for beta0.11253

Upperbound of 95% confidence interval for beta0.27397

Lowerbound of 95% confidence interval for alpha0.10425

Upperbound of 95% confidence interval for alpha0.18657

Treynor index (mean / b)0.49851

Jensen alpha (a)0.04116
 Risk estimates for a oneperiod unit investment (parametric)
 assuming log normal returns and losses (using central moments from Sharpe statistics)

VaR(95%)0.00525

Expected Shortfall on VaR0.00667
 assuming Pareto losses only (using partial moments from Sortino statistics)

VaR(95%)0.00222

Expected Shortfall on VaR0.00453
 ORDER STATISTICS
 Quartiles of return rates

Number of observations131.00000

Minimum0.98711

Quartile 10.99911

Median1.00012

Quartile 31.00178

Maximum1.01131

Mean of quarter 10.99674

Mean of quarter 20.99960

Mean of quarter 31.00092

Mean of quarter 41.00467

Inter Quartile Range0.00267

Number outliers low6.00000

Percentage of outliers low0.04580

Mean of outliers low0.99191

Number of outliers high11.00000

Percentage of outliers high0.08397

Mean of outliers high1.00766
 Risk estimates for a oneperiod unit investment (based on Ex

Extreme Value Index (moments method)0.23325

VaR(95%) (moments method)0.00283

Expected Shortfall (moments method)0.00472

Extreme Value Index (regression method)0.28278

VaR(95%) (regression method)0.00318

Expected Shortfall (regression method)0.00563
 DRAW DOWN STATISTICS
 Quartiles of draw downs

Number of observations12.00000

Minimum0.00021

Quartile 10.00081

Median0.00330

Quartile 30.00819

Maximum0.03779

Mean of quarter 10.00051

Mean of quarter 20.00201

Mean of quarter 30.00513

Mean of quarter 40.02221

Inter Quartile Range0.00737

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 high0.03779
 Risk estimates based on draw downs (based on Extreme Value T

Extreme Value Index (moments method)2.30375

VaR(95%) (moments method)0.02327

Expected Shortfall (moments method)0.02388

Extreme Value Index (regression method)0.15334

VaR(95%) (regression method)0.03792

Last 4 Months  Pcnt Negative0.25%

Expected Shortfall (regression method)0.06200

Strat Max DD how much worse than SP500 max DD during strat life?390566000

Max Equity Drawdown (num days)35
 COMBINED STATISTICS

Annualized return (arithmetic extrapolation)0.12818

Compounded annual return (geometric extrapolation)0.13229

Calmar ratio (compounded annual return / max draw down)3.50087

Compounded annual return / average of 25% largest draw downs5.95755

Compounded annual return / Expected Shortfall lognormal19.84440
Strategy Description
Markets are meticulously monitored and under normal circumstances the majority of trades are executed around Market Open and Market Close. Holding times will vary between a couple of minutes up to a couple of days.
Subscribe to this strategy now for $245/month.
Be sure to also check out our other trading strategies on Collective2:
• EliteFutures: Our algorithmic ES/MES Futures trading strategy
collective2.com/details/125237603
• VIXPro Volatility Fund: Our flagship algorithmic volatility trading strategy
collective2.com/details/133141816
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.
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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.