The ACE
(127764619)
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).Sector Rotation
Uses the proceeds from the sale of securities related to a particular investment sector for the purchase of securities in another sector. This strategy is used as a method for capturing returns from market cycles and diversifying holdings over a specified holding period.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  +3.4%  +5.3%  +16.9%  +18.5%  +7.8%  +4.2%  +5.7%  +2.1%  (3.1%)  +18.7%  +7.0%  +125.0%  
2021  +5.4%    +0.4%  +7.6%  +0.7%  +2.2%  (2.3%)  +6.7%  (1.2%)  +20.7% 
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  $106,413  
Cash  $1  
Equity  $1  
Cumulative $  $92,136  
Includes dividends and cashsettled expirations:  $466  Itemized 
Total System Equity  $142,136  
Margined  $1  
Open P/L  $45,029  
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 began2/28/2020

Suggested Minimum Cap$25,000

Strategy Age (days)575.65

Age19 months ago

What it tradesStocks

# Trades302

# Profitable187

% Profitable61.90%

Avg trade duration34.5 days

Max peaktovalley drawdown17.67%

drawdown periodFeb 10, 2021  March 05, 2021

Annual Return (Compounded)87.8%

Avg win$546.12

Avg loss$387.70
 Model Account Values (Raw)

Cash$62,008

Margin Used$0

Buying Power$106,413
 Ratios

W:L ratio2.31:1

Sharpe Ratio2

Sortino Ratio3

Calmar Ratio6.907
 CORRELATION STATISTICS

Return of Strat Pcnt  Return of SP500 Pcnt (cumu)120.71%

Correlation to SP5000.44110

Return Percent SP500 (cumu) during strategy life50.82%
 Return Statistics

Ann Return (w trading costs)87.8%
 Slump

Current Slump as Pcnt Equity3.30%
 Instruments

Percent Trades Futures0.15%
 Slump

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

Short Options  Percent Covered100.00%
 Return Statistics

Return Pcnt (Compound or Annual, agebased, NFA compliant)0.878%
 Instruments

Percent Trades Options0.00%

Percent Trades Stocks0.85%

Percent Trades Forexn/a
 Return Statistics

Ann Return (Compnd, No Fees)93.7%
 Risk of Ruin (MonteCarlo)

Chance of 10% account loss26.00%

Chance of 20% account loss7.00%

Chance of 30% account loss2.00%

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)924

Popularity (Last 6 weeks)978
 Trading Style

Any stock shorts? 0/10
 Popularity

C2 Score982

Popularity (7 days, Percentile 1000 scale)961
 Management

No Subs Allowed Flag (1: no subs)0

Strat abandoned?0
 TradesOwnSystem Certification

Trades Own System?

TOS percentn/a
 Win / Loss

Avg Loss$390

Avg Win$730

Sum Trade PL (losers)$44,858.000
 AUM

AUM (AutoTrader num accounts)8
 Age

Num Months filled monthly returns table20
 Win / Loss

Sum Trade PL (winners)$136,529.000

# Winners187

Num Months Winners17
 Dividends

Dividends Received in Model Acct466
 AUM

AUM (AutoTrader live capital)854576
 Win / Loss

# Losers115

% Winners61.9%
 Frequency

Avg Position Time (mins)49682.20

Avg Position Time (hrs)828.04

Avg Trade Length34.5 days

Last Trade Ago4
 Leverage

Daily leverage (average)1.46

Daily leverage (max)17.13
 Regression

Alpha0.14

Beta0.42

Treynor Index0.42
 Maximum Adverse Excursion (MAE)

MAE:Equity, average, all trades0.00

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 trades0.00

MAE:Equity, average, losing trades0.01

Avg(MAE) / Avg(PL)  All trades1.618

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 trades0.381

Avg(MAE) / Avg(PL)  Losing trades1.309

HoldandHope Ratio0.865
 Analysis based on MONTHLY values, full history
 RATIO STATISTICS
 Ratio statistics of excess return rates
 Statistics related to Sharpe ratio

Mean0.70810

SD0.23463

Sharpe ratio (Glass type estimate)3.01795

Sharpe ratio (Hedges UMVUE)2.88248

df17.00000

t3.69622

p0.10915

Lowerbound of 95% confidence interval for Sharpe Ratio1.09567

Upperbound of 95% confidence interval for Sharpe Ratio4.87675

Lowerbound of 95% CI (Gibbons, Hedeker & Davis approximation1.01172

Upperbound of 95% CI (Gibbons, Hedeker & Davis approximation4.75323
 Statistics related to Sortino ratio

Sortino ratio12.61480

Upside Potential Ratio13.92310

Upside part of mean0.78154

Downside part of mean0.07344

Upside SD0.30104

Downside SD0.05613

N nonnegative terms15.00000

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

N of observations18.00000

Mean of predictor0.28063

Mean of criterion0.70810

SD of predictor0.20250

SD of criterion0.23463

Covariance0.02247

r0.47287

b (slope, estimate of beta)0.54790

a (intercept, estimate of alpha)0.55434

Mean Square Error0.04541

DF error16.00000

t(b)2.14665

p(b)0.26356

t(a)2.94607

p(a)0.20348

Lowerbound of 95% confidence interval for beta0.00683

Upperbound of 95% confidence interval for beta1.08898

Lowerbound of 95% confidence interval for alpha0.15546

Upperbound of 95% confidence interval for alpha0.95324

Treynor index (mean / b)1.29239

Jensen alpha (a)0.55434
 Ratio statistics of excess log return rates
 Statistics related to Sharpe ratio

Mean0.66364

SD0.21919

Sharpe ratio (Glass type estimate)3.02763

Sharpe ratio (Hedges UMVUE)2.89173

df17.00000

t3.70808

p0.10859

Lowerbound of 95% confidence interval for Sharpe Ratio1.10359

Upperbound of 95% confidence interval for Sharpe Ratio4.88815

Lowerbound of 95% CI (Gibbons, Hedeker & Davis approximation1.01936

Upperbound of 95% CI (Gibbons, Hedeker & Davis approximation4.76409
 Statistics related to Sortino ratio

Sortino ratio11.56080

Upside Potential Ratio12.86540

Upside part of mean0.73852

Downside part of mean0.07489

Upside SD0.28068

Downside SD0.05740

N nonnegative terms15.00000

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

N of observations18.00000

Mean of predictor0.25788

Mean of criterion0.66364

SD of predictor0.20134

SD of criterion0.21919

Covariance0.01962

r0.44461

b (slope, estimate of beta)0.48402

a (intercept, estimate of alpha)0.53882

Mean Square Error0.04096

DF error16.00000

t(b)1.98546

p(b)0.27770

t(a)3.04764

p(a)0.19698

Lowerbound of 95% confidence interval for beta0.03278

Upperbound of 95% confidence interval for beta1.00082

Lowerbound of 95% confidence interval for alpha0.16402

Upperbound of 95% confidence interval for alpha0.91361

Treynor index (mean / b)1.37109

Jensen alpha (a)0.53882
 Risk estimates for a oneperiod unit investment (parametric)
 assuming log normal returns and losses (using central moments from Sharpe statistics)

VaR(95%)0.04761

Expected Shortfall on VaR0.07220
 assuming Pareto losses only (using partial moments from Sortino statistics)

VaR(95%)0.00558

Expected Shortfall on VaR0.01569
 ORDER STATISTICS
 Quartiles of return rates

Number of observations18.00000

Minimum0.94505

Quartile 11.02649

Median1.06526

Quartile 31.08888

Maximum1.19659

Mean of quarter 10.98852

Mean of quarter 21.03981

Mean of quarter 31.06911

Mean of quarter 41.14516

Inter Quartile Range0.06240

Number outliers low0.00000

Percentage of outliers low0.00000

Mean of outliers low0.00000

Number of outliers high2.00000

Percentage of outliers high0.11111

Mean of outliers high1.19057
 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)1.17799

VaR(95%) (regression method)0.04865

Expected Shortfall (regression method)0.05699
 DRAW DOWN STATISTICS
 Quartiles of draw downs

Number of observations3.00000

Minimum0.01924

Quartile 10.02411

Median0.02898

Quartile 30.04197

Maximum0.05495

Mean of quarter 10.01924

Mean of quarter 20.02898

Mean of quarter 30.00000

Mean of quarter 40.05495

Inter Quartile Range0.01786

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)1.21442

Compounded annual return (geometric extrapolation)0.99680

Calmar ratio (compounded annual return / max draw down)18.14010

Compounded annual return / average of 25% largest draw downs18.14010

Compounded annual return / Expected Shortfall lognormal13.80530

0.00000

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

Mean0.65721

SD0.25726

Sharpe ratio (Glass type estimate)2.55463

Sharpe ratio (Hedges UMVUE)2.54992

df407.00000

t3.18792

p0.00077

Lowerbound of 95% confidence interval for Sharpe Ratio0.97272

Upperbound of 95% confidence interval for Sharpe Ratio4.13349

Lowerbound of 95% CI (Gibbons, Hedeker & Davis approximation0.96957

Upperbound of 95% CI (Gibbons, Hedeker & Davis approximation4.13027
 Statistics related to Sortino ratio

Sortino ratio3.91864

Upside Potential Ratio11.13360

Upside part of mean1.86725

Downside part of mean1.21004

Upside SD0.19885

Downside SD0.16771

N nonnegative terms257.00000

N negative terms151.00000
 Statistics related to linear regression on benchmark

N of observations408.00000

Mean of predictor0.27626

Mean of criterion0.65721

SD of predictor0.28258

SD of criterion0.25726

Covariance0.03128

r0.43028

b (slope, estimate of beta)0.39172

a (intercept, estimate of alpha)0.54900

Mean Square Error0.05406

DF error406.00000

t(b)9.60443

p(b)0.00000

t(a)2.94103

p(a)0.00173

Lowerbound of 95% confidence interval for beta0.31154

Upperbound of 95% confidence interval for beta0.47190

Lowerbound of 95% confidence interval for alpha0.18204

Upperbound of 95% confidence interval for alpha0.91594

Treynor index (mean / b)1.67774

Jensen alpha (a)0.54899
 Ratio statistics of excess log return rates
 Statistics related to Sharpe ratio

Mean0.62341

SD0.25699

Sharpe ratio (Glass type estimate)2.42585

Sharpe ratio (Hedges UMVUE)2.42138

df407.00000

t3.02722

p0.00131

Lowerbound of 95% confidence interval for Sharpe Ratio0.84498

Upperbound of 95% confidence interval for Sharpe Ratio4.00380

Lowerbound of 95% CI (Gibbons, Hedeker & Davis approximation0.84199

Upperbound of 95% CI (Gibbons, Hedeker & Davis approximation4.00077
 Statistics related to Sortino ratio

Sortino ratio3.65910

Upside Potential Ratio10.84500

Upside part of mean1.84768

Downside part of mean1.22427

Upside SD0.19580

Downside SD0.17037

N nonnegative terms257.00000

N negative terms151.00000
 Statistics related to linear regression on benchmark

N of observations408.00000

Mean of predictor0.23595

Mean of criterion0.62341

SD of predictor0.28447

SD of criterion0.25699

Covariance0.03175

r0.43425

b (slope, estimate of beta)0.39229

a (intercept, estimate of alpha)0.53085

Mean Square Error0.05372

DF error406.00000

t(b)9.71353

p(b)0.00000

t(a)2.85436

p(a)0.00227

Lowerbound of 95% confidence interval for beta0.31290

Upperbound of 95% confidence interval for beta0.47169

Lowerbound of 95% confidence interval for alpha0.16525

Upperbound of 95% confidence interval for alpha0.89645

Treynor index (mean / b)1.58914

Jensen alpha (a)0.53085
 Risk estimates for a oneperiod unit investment (parametric)
 assuming log normal returns and losses (using central moments from Sharpe statistics)

VaR(95%)0.02346

Expected Shortfall on VaR0.02990
 assuming Pareto losses only (using partial moments from Sortino statistics)

VaR(95%)0.00860

Expected Shortfall on VaR0.01841
 ORDER STATISTICS
 Quartiles of return rates

Number of observations408.00000

Minimum0.94657

Quartile 10.99557

Median1.00361

Quartile 31.01041

Maximum1.06266

Mean of quarter 10.98275

Mean of quarter 20.99980

Mean of quarter 31.00692

Mean of quarter 41.02099

Inter Quartile Range0.01484

Number outliers low17.00000

Percentage of outliers low0.04167

Mean of outliers low0.96309

Number of outliers high13.00000

Percentage of outliers high0.03186

Mean of outliers high1.04432
 Risk estimates for a oneperiod unit investment (based on Ex

Extreme Value Index (moments method)0.04708

VaR(95%) (moments method)0.01291

Expected Shortfall (moments method)0.01774

Extreme Value Index (regression method)0.06625

VaR(95%) (regression method)0.01553

Expected Shortfall (regression method)0.02162
 DRAW DOWN STATISTICS
 Quartiles of draw downs

Number of observations34.00000

Minimum0.00022

Quartile 10.00802

Median0.02171

Quartile 30.05082

Maximum0.13291

Mean of quarter 10.00306

Mean of quarter 20.01338

Mean of quarter 30.03259

Mean of quarter 40.08640

Inter Quartile Range0.04281

Number outliers low0.00000

Percentage of outliers low0.00000

Mean of outliers low0.00000

Number of outliers high2.00000

Percentage of outliers high0.05882

Mean of outliers high0.12546
 Risk estimates based on draw downs (based on Extreme Value T

Extreme Value Index (moments method)0.33749

VaR(95%) (moments method)0.09439

Expected Shortfall (moments method)0.11035

Extreme Value Index (regression method)0.66465

VaR(95%) (regression method)0.09191

Expected Shortfall (regression method)0.10021
 COMBINED STATISTICS

Annualized return (arithmetic extrapolation)1.12849

Compounded annual return (geometric extrapolation)0.91807

Calmar ratio (compounded annual return / max draw down)6.90731

Compounded annual return / average of 25% largest draw downs10.62540

Compounded annual return / Expected Shortfall lognormal30.70850

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

Mean0.34523

SD0.16551

Sharpe ratio (Glass type estimate)2.08586

Sharpe ratio (Hedges UMVUE)2.07380

df130.00000

t1.47492

p0.43585

Lowerbound of 95% confidence interval for Sharpe Ratio0.70140

Upperbound of 95% confidence interval for Sharpe Ratio4.86524

Lowerbound of 95% CI (Gibbons, Hedeker & Davis approximation0.70945

Upperbound of 95% CI (Gibbons, Hedeker & Davis approximation4.85704
 Statistics related to Sortino ratio

Sortino ratio3.16127

Upside Potential Ratio10.75720

Upside part of mean1.17475

Downside part of mean0.82952

Upside SD0.12535

Downside SD0.10921

N nonnegative terms78.00000

N negative terms53.00000
 Statistics related to linear regression on benchmark

N of observations131.00000

Mean of predictor0.23954

Mean of criterion0.34523

SD of predictor0.10886

SD of criterion0.16551

Covariance0.01068

r0.59291

b (slope, estimate of beta)0.90146

a (intercept, estimate of alpha)0.12929

Mean Square Error0.01790

DF error129.00000

t(b)8.36261

p(b)0.14600

t(a)0.67702

p(a)0.46214

Lowerbound of 95% confidence interval for beta0.68818

Upperbound of 95% confidence interval for beta1.11474

Lowerbound of 95% confidence interval for alpha0.24855

Upperbound of 95% confidence interval for alpha0.50713

Treynor index (mean / b)0.38297

Jensen alpha (a)0.12929
 Ratio statistics of excess log return rates
 Statistics related to Sharpe ratio

Mean0.33139

SD0.16544

Sharpe ratio (Glass type estimate)2.00308

Sharpe ratio (Hedges UMVUE)1.99150

df130.00000

t1.41639

p0.43836

Lowerbound of 95% confidence interval for Sharpe Ratio0.78316

Upperbound of 95% confidence interval for Sharpe Ratio4.78180

Lowerbound of 95% CI (Gibbons, Hedeker & Davis approximation0.79086

Upperbound of 95% CI (Gibbons, Hedeker & Davis approximation4.77385
 Statistics related to Sortino ratio

Sortino ratio3.00630

Upside Potential Ratio10.58540

Upside part of mean1.16686

Downside part of mean0.83547

Upside SD0.12422

Downside SD0.11023

N nonnegative terms78.00000

N negative terms53.00000
 Statistics related to linear regression on benchmark

N of observations131.00000

Mean of predictor0.23353

Mean of criterion0.33139

SD of predictor0.10884

SD of criterion0.16544

Covariance0.01067

r0.59263

b (slope, estimate of beta)0.90081

a (intercept, estimate of alpha)0.12102

Mean Square Error0.01790

DF error129.00000

t(b)8.35661

p(b)0.14614

t(a)0.63412

p(a)0.46453

VAR (95 Confidence Intrvl)0.02300

Lowerbound of 95% confidence interval for beta0.68753

Upperbound of 95% confidence interval for beta1.11409

Lowerbound of 95% confidence interval for alpha0.25658

Upperbound of 95% confidence interval for alpha0.49863

Treynor index (mean / b)0.36788

Jensen alpha (a)0.12102
 Risk estimates for a oneperiod unit investment (parametric)
 assuming log normal returns and losses (using central moments from Sharpe statistics)

VaR(95%)0.01543

Expected Shortfall on VaR0.01962
 assuming Pareto losses only (using partial moments from Sortino statistics)

VaR(95%)0.00632

Expected Shortfall on VaR0.01303
 ORDER STATISTICS
 Quartiles of return rates

Number of observations131.00000

Minimum0.97447

Quartile 10.99568

Median1.00180

Quartile 31.00717

Maximum1.02877

Mean of quarter 10.98861

Mean of quarter 20.99934

Mean of quarter 31.00436

Mean of quarter 41.01348

Inter Quartile Range0.01148

Number outliers low5.00000

Percentage of outliers low0.03817

Mean of outliers low0.97607

Number of outliers high5.00000

Percentage of outliers high0.03817

Mean of outliers high1.02622
 Risk estimates for a oneperiod unit investment (based on Ex

Extreme Value Index (moments method)0.12315

VaR(95%) (moments method)0.01067

Expected Shortfall (moments method)0.01568

Extreme Value Index (regression method)0.43993

VaR(95%) (regression method)0.01144

Expected Shortfall (regression method)0.01354
 DRAW DOWN STATISTICS
 Quartiles of draw downs

Number of observations10.00000

Minimum0.00022

Quartile 10.01009

Median0.02317

Quartile 30.04711

Maximum0.07791

Mean of quarter 10.00368

Mean of quarter 20.01599

Mean of quarter 30.03029

Mean of quarter 40.06138

Inter Quartile Range0.03702

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)0.32376

VaR(95%) (moments method)0.06999

Expected Shortfall (moments method)0.07820

Extreme Value Index (regression method)1.41132

VaR(95%) (regression method)0.08492

Last 4 Months  Pcnt Negative0.50%

Expected Shortfall (regression method)0.00000

Strat Max DD how much worse than SP500 max DD during strat life?311628000

Max Equity Drawdown (num days)23
 COMBINED STATISTICS

Annualized return (arithmetic extrapolation)0.39360

Compounded annual return (geometric extrapolation)0.43233

Calmar ratio (compounded annual return / max draw down)5.54898

Compounded annual return / average of 25% largest draw downs7.04375

Compounded annual return / Expected Shortfall lognormal22.03940
Strategy Description
Markets:
Equities and ETF's – High growth, recurring revenue companies and a select group of leveraged ETF’s are traded to utilize available cash and increase portfolio returns. All entries and exits are completely automated based on two very successful, timetested algorithms.
Futures – Using a much smaller portion of the total account, this is a rulebased strategy including strict filtering which leverages significant pivot patterns and turning points. Risk management measures are always in place and there is a constant respect towards the overall trend. Futures symbols include currency pairs, gold, crude oil, and S&P 500 futures. These trades will be infrequent in nature and a much smaller portion of the overall account and returns.
Disclosure:
Past performance is not a guarantee of future results. You should not act on the ideas shared until you have consulted with your financial, investment, tax, and legal adviser.
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.