Welcome to Collective2

Follow these tips for a better experience

Ok, let's start

Close
Add to Watch List Create new Watch List
Add
Enter a name for your Watch List.
Watch List name must be less than 60 characters.
You have reached the maximum number of custom Watch Lists.
You have reached the maximum number of strategies in this Watch List.
Strategy added to Watch List. Go to Watch List

Sim is unavailable for this strategy, because you've recently "Simmed" it.

You already have a live, full-featured subscription to this strategy.

Okay, no problem

Reach out to us when you are ready. You can schedule your free training session at any time by clicking the button.

Remember, this training is free, low pressure, and (we hope!) fun.

Got it

Later

You can find it here.

Got it

Video Saved for Later

You can watch this video later. Just click this button at the top of the screen whenever you're ready to watch it.

Got it
These are hypothetical performance results that have certain inherent limitations. Learn more

Trades-Own-Strategy Certification

This system has earned Trades-Own-Strategy (TOS) Certification. This means that the manager of this system trades his own strategy in a real-life, funded brokerage account.

Trades-Own-Strategy (TOS) Certification Details
Certification process started 01/03/2022
Most recent certification approved 1/3/22 6:42 ET
Trades at broker Interactive Brokers (Stocks, Options, Futures)
Scaling percentage used 100%
# trading signals issued by system since certification 6,300
# trading signals executed in manager's Interactive Brokers (Stocks, Options, Futures) account 6,293
Percent signals followed since 01/03/2022 99.9%
This information was last updated 6/9/23 6:46 ET

Warning: System trading results are still hypothetical.

Even though the system developer is currently trading his own system in a real-life brokerage account, the trading results presented on this Web site must still be regarded as purely hypothetical results. This is because (among other reasons) the system developer may not have traded all signals, particularly those that occurred before 01/03/2022, and the system developer's results may not match the system results presented here. In addition, not all subscribers have received the same trades or prices as the system manager has. For these reasons, and others, it is extremely important you remember the following:

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. Hypothetical performance results have many inherent limitations, some of which are described below. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown. In fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program.

One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. 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.

You may be interested to learn more technical details about how Collective2 calculates the hypothetical results you see on this web site.

Aurum
(138773053)

Created by: AurumCapitalGroup AurumCapitalGroup
Started: 01/2022
Futures
Last trade: Yesterday

Subscriptions not available

No subscriptions are currently available for this strategy because the strategy manager has capped the maximum number of subscribers.

Subscription terms. Subscriptions to this system cost $200.00 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.

25.7%
Annual Return (Compounded)

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 marked-to-market equity calculations.

All results are hypothetical.

(19.6%)
Max Drawdown
2051
Num Trades
93.7%
Win Trades
1.4 : 1
Profit Factor
61.1%
Win Months
Hypothetical Monthly Returns (includes system fee and Typical Broker commissions and fees)
 JanFebMarAprMayJunJulAugSepOctNovDecYTD
2022+7.9%(2.1%)(0.6%)+5.1%+2.4%(5.3%)+13.5%+3.7%(15.2%)+11.9%+5.2%(5.8%)+18.3%
2023+3.5%+6.2%+3.7%+5.3%(1.4%)(0.6%)                                    +17.6%

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.

System developer has asked us to delay this information by 24 hours.

Trading Record

This strategy has placed 6,294 trades in real-life brokerage accounts. To see live brokerage data, select Show AutoTrade Data, and click on a Live AutoTrade Indicator symbol.

Download CSV
Long
Short
Both
Win
Loss
Both
Opened Date/TimeSymbolDescriptionSideQtyAvg PriceClosed Date/TimeAvg PriceDrawdownP/L
6/8/23 3:01 @NQM3 E-MINI NASDAQ 100 STK IDX LONG 1 14264.97 6/8 3:02 14271.60 n/a $125
Includes Typical Broker Commissions trade costs of $8.00
5/24/23 19:29 @NQM3 E-MINI NASDAQ 100 STK IDX SHORT 1 13834.42 6/8 1:07 14275.75 4.99%
Trade id #144738236
Max drawdown($17,206)
Time6/5/23 0:00
Quant open1
Worst price14694.80
Drawdown as % of equity-4.99%
($8,835)
Includes Typical Broker Commissions trade costs of $8.00
6/7/23 12:00 @ESM3 E-MINI S&P 500 LONG 1 4278.50 6/7 12:04 4280.58 n/a $96
Includes Typical Broker Commissions trade costs of $8.00
6/7/23 11:08 @NQU3 E-MINI NASDAQ 100 STK IDX SHORT 1 14663.73 6/7 11:10 14659.97 n/a $67
Includes Typical Broker Commissions trade costs of $8.00
5/24/23 10:24 @NQM3 E-MINI NASDAQ 100 STK IDX LONG 1 13604.61 5/24 11:25 13616.70 0.21%
Trade id #144730886
Max drawdown($762)
Time5/24/23 11:01
Quant open1
Worst price13566.50
Drawdown as % of equity-0.21%
$234
Includes Typical Broker Commissions trade costs of $8.00
5/24/23 8:30 @NQM3 E-MINI NASDAQ 100 STK IDX LONG 2 13649.72 5/24 9:35 13660.21 0.32%
Trade id #144728515
Max drawdown($1,158)
Time5/24/23 9:32
Quant open2
Worst price13620.80
Drawdown as % of equity-0.32%
$404
Includes Typical Broker Commissions trade costs of $16.00
5/24/23 7:39 @NQM3 E-MINI NASDAQ 100 STK IDX LONG 1 13671.79 5/24 8:07 13677.58 0.05%
Trade id #144728193
Max drawdown($195)
Time5/24/23 7:54
Quant open1
Worst price13662.00
Drawdown as % of equity-0.05%
$108
Includes Typical Broker Commissions trade costs of $8.00
5/24/23 3:29 @NQM3 E-MINI NASDAQ 100 STK IDX LONG 1 13711.58 5/24 3:36 13715.27 0.03%
Trade id #144727173
Max drawdown($111)
Time5/24/23 3:32
Quant open1
Worst price13706.00
Drawdown as % of equity-0.03%
$66
Includes Typical Broker Commissions trade costs of $8.00
5/18/23 9:32 @NQM3 E-MINI NASDAQ 100 STK IDX SHORT 1 13667.94 5/24 3:00 13716.64 1.76%
Trade id #144660673
Max drawdown($6,226)
Time5/23/23 0:00
Quant open1
Worst price13979.20
Drawdown as % of equity-1.76%
($982)
Includes Typical Broker Commissions trade costs of $8.00
5/18/23 3:30 @NQM3 E-MINI NASDAQ 100 STK IDX SHORT 2 13666.12 5/18 9:06 13638.22 0.19%
Trade id #144658686
Max drawdown($685)
Time5/18/23 7:19
Quant open2
Worst price13683.20
Drawdown as % of equity-0.19%
$1,100
Includes Typical Broker Commissions trade costs of $16.00
5/17/23 11:23 @NQM3 E-MINI NASDAQ 100 STK IDX SHORT 1 13521.10 5/17 11:25 13515.95 n/a $95
Includes Typical Broker Commissions trade costs of $8.00
5/17/23 9:02 @NQM3 E-MINI NASDAQ 100 STK IDX SHORT 1 13516.12 5/17 9:47 13510.40 0.13%
Trade id #144648149
Max drawdown($477)
Time5/17/23 9:32
Quant open1
Worst price13540.00
Drawdown as % of equity-0.13%
$107
Includes Typical Broker Commissions trade costs of $8.00
5/17/23 6:28 @ESM3 E-MINI S&P 500 SHORT 1 4135.00 5/17 6:30 4133.25 n/a $80
Includes Typical Broker Commissions trade costs of $8.00
5/17/23 3:32 @NQM3 E-MINI NASDAQ 100 STK IDX LONG 1 13478.43 5/17 3:39 13484.10 0.01%
Trade id #144646872
Max drawdown($33)
Time5/17/23 3:35
Quant open1
Worst price13476.80
Drawdown as % of equity-0.01%
$105
Includes Typical Broker Commissions trade costs of $8.00
5/16/23 15:23 @NQM3 E-MINI NASDAQ 100 STK IDX LONG 1 13528.93 5/16 15:24 13531.17 n/a $37
Includes Typical Broker Commissions trade costs of $8.00
5/16/23 13:02 @NQM3 E-MINI NASDAQ 100 STK IDX SHORT 1 13548.93 5/16 13:19 13535.83 0.03%
Trade id #144627946
Max drawdown($111)
Time5/16/23 13:08
Quant open1
Worst price13554.50
Drawdown as % of equity-0.03%
$254
Includes Typical Broker Commissions trade costs of $8.00
5/16/23 11:33 @NQM3 E-MINI NASDAQ 100 STK IDX SHORT 1 13520.13 5/16 11:36 13514.73 n/a $100
Includes Typical Broker Commissions trade costs of $8.00
5/16/23 1:59 @ESM3 E-MINI S&P 500 LONG 1 4139.92 5/16 3:13 4140.75 0.07%
Trade id #144621491
Max drawdown($233)
Time5/16/23 3:05
Quant open1
Worst price4135.25
Drawdown as % of equity-0.07%
$34
Includes Typical Broker Commissions trade costs of $8.00
5/16/23 2:10 @NQM3 E-MINI NASDAQ 100 STK IDX LONG 1 13443.70 5/16 2:12 13446.87 n/a $55
Includes Typical Broker Commissions trade costs of $8.00
5/15/23 15:31 @NQM3 E-MINI NASDAQ 100 STK IDX SHORT 1 13458.93 5/15 19:42 13455.93 0.08%
Trade id #144618753
Max drawdown($286)
Time5/15/23 15:59
Quant open1
Worst price13473.20
Drawdown as % of equity-0.08%
$52
Includes Typical Broker Commissions trade costs of $8.00
5/15/23 3:14 @NQM3 E-MINI NASDAQ 100 STK IDX SHORT 1 13432.17 5/15 6:10 13419.50 0.09%
Trade id #144610866
Max drawdown($306)
Time5/15/23 5:30
Quant open1
Worst price13447.50
Drawdown as % of equity-0.09%
$245
Includes Typical Broker Commissions trade costs of $8.00
5/12/23 15:30 @NQM3 E-MINI NASDAQ 100 STK IDX SHORT 2 13377.50 5/12 16:38 13374.75 0.28%
Trade id #144602336
Max drawdown($1,000)
Time5/12/23 15:55
Quant open2
Worst price13402.50
Drawdown as % of equity-0.28%
$94
Includes Typical Broker Commissions trade costs of $16.00
5/12/23 12:07 @NQM3 E-MINI NASDAQ 100 STK IDX LONG 1 13382.50 5/12 15:26 13358.25 0.4%
Trade id #144600409
Max drawdown($1,440)
Time5/12/23 14:16
Quant open1
Worst price13310.50
Drawdown as % of equity-0.40%
($493)
Includes Typical Broker Commissions trade costs of $8.00
5/12/23 9:52 @NQM3 E-MINI NASDAQ 100 STK IDX SHORT 1 13462.50 5/12 9:53 13457.25 n/a $97
Includes Typical Broker Commissions trade costs of $8.00
5/12/23 8:58 @NQM3 E-MINI NASDAQ 100 STK IDX SHORT 1 13467.00 5/12 9:48 13455.25 0.11%
Trade id #144596827
Max drawdown($405)
Time5/12/23 9:34
Quant open1
Worst price13487.20
Drawdown as % of equity-0.11%
$227
Includes Typical Broker Commissions trade costs of $8.00
5/12/23 1:07 @NQM3 E-MINI NASDAQ 100 STK IDX SHORT 1 13486.00 5/12 2:01 13473.75 0.02%
Trade id #144595148
Max drawdown($60)
Time5/12/23 1:19
Quant open1
Worst price13489.00
Drawdown as % of equity-0.02%
$237
Includes Typical Broker Commissions trade costs of $8.00
5/11/23 15:55 @NQM3 E-MINI NASDAQ 100 STK IDX SHORT 1 13442.50 5/11 16:06 13439.50 0.05%
Trade id #144592809
Max drawdown($180)
Time5/11/23 15:59
Quant open1
Worst price13451.50
Drawdown as % of equity-0.05%
$52
Includes Typical Broker Commissions trade costs of $8.00
5/11/23 13:54 @NQM3 E-MINI NASDAQ 100 STK IDX SHORT 1 13414.50 5/11 13:55 13410.00 n/a $82
Includes Typical Broker Commissions trade costs of $8.00
5/11/23 12:55 @NQM3 E-MINI NASDAQ 100 STK IDX SHORT 1 13450.50 5/11 13:03 13437.75 0.02%
Trade id #144591174
Max drawdown($85)
Time5/11/23 12:58
Quant open1
Worst price13454.80
Drawdown as % of equity-0.02%
$247
Includes Typical Broker Commissions trade costs of $8.00
5/10/23 14:04 @NQM3 E-MINI NASDAQ 100 STK IDX SHORT 2 13378.75 5/11 10:33 13372.75 1%
Trade id #144580958
Max drawdown($3,550)
Time5/11/23 8:30
Quant open2
Worst price13467.50
Drawdown as % of equity-1.00%
$224
Includes Typical Broker Commissions trade costs of $16.00

Statistics

  • Strategy began
    1/1/2022
  • Suggested Minimum Cap
    $340,000
  • Strategy Age (days)
    523.82
  • Age
    17 months ago
  • What it trades
    Stocks, Futures
  • # Trades
    2051
  • # Profitable
    1922
  • % Profitable
    93.70%
  • Avg trade duration
    3.1 days
  • Max peak-to-valley drawdown
    19.6%
  • drawdown period
    Sept 13, 2022 - Oct 02, 2022
  • Annual Return (Compounded)
    25.8%
  • Avg win
    $240.52
  • Avg loss
    $2,634
  • Model Account Values (Raw)
  • Cash
    $373,160
  • Margin Used
    $11,341
  • Buying Power
    $362,701
  • Ratios
  • W:L ratio
    1.36:1
  • Sharpe Ratio
    0.96
  • Sortino Ratio
    1.28
  • Calmar Ratio
    2.133
  • CORRELATION STATISTICS
  • Return of Strat Pcnt - Return of SP500 Pcnt (cumu)
    49.08%
  • Correlation to SP500
    0.26490
  • Return Percent SP500 (cumu) during strategy life
    -9.91%
  • Return Statistics
  • Ann Return (w trading costs)
    25.8%
  • Slump
  • Current Slump as Pcnt Equity
    3.20%
  • Instruments
  • Percent Trades Futures
    0.74%
  • Slump
  • Current Slump, time of slump as pcnt of strategy life
    0.03%
  • Instruments
  • Short Options - Percent Covered
    100.00%
  • Return Statistics
  • Return Pcnt (Compound or Annual, age-based, NFA compliant)
    0.258%
  • Instruments
  • Percent Trades Options
    0.00%
  • Percent Trades Stocks
    0.26%
  • Percent Trades Forex
    n/a
  • Return Statistics
  • Ann Return (Compnd, No Fees)
    31.9%
  • Risk of Ruin (Monte-Carlo)
  • Chance of 10% account loss
    27.50%
  • Chance of 20% account loss
    5.50%
  • Chance of 30% account loss
    0.50%
  • Chance of 40% account loss
    n/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 Automated
    n/a
  • Risk of Ruin (Monte-Carlo)
  • Chance of 50% account loss
    n/a
  • Popularity
  • Popularity (Today)
    908
  • Popularity (Last 6 weeks)
    979
  • Trading Style
  • Any stock shorts? 0/1
    1
  • Popularity
  • C2 Score
    852
  • Popularity (7 days, Percentile 1000 scale)
    916
  • Trades-Own-System Certification
  • Trades Own System?
    Yes
  • TOS percent
    100%
  • Win / Loss
  • Avg Loss
    $2,635
  • Avg Win
    $241
  • Sum Trade PL (losers)
    $339,881.000
  • Age
  • Num Months filled monthly returns table
    18
  • Win / Loss
  • Sum Trade PL (winners)
    $462,285.000
  • # Winners
    1922
  • Num Months Winners
    11
  • Dividends
  • Dividends Received in Model Acct
    49
  • AUM
  • AUM (AutoTrader live capital)
    1057410
  • Win / Loss
  • # Losers
    129
  • % Winners
    93.7%
  • Frequency
  • Avg Position Time (mins)
    4429.37
  • Avg Position Time (hrs)
    73.82
  • Avg Trade Length
    3.1 days
  • Last Trade Ago
    0
  • Leverage
  • Daily leverage (average)
    1.51
  • Daily leverage (max)
    5.21
  • Regression
  • Alpha
    0.07
  • Beta
    0.24
  • Treynor Index
    0.26
  • Maximum Adverse Excursion (MAE)
  • MAE:Equity, average, all trades
    0.01
  • MAE:PL - worst single value for strategy
    -
  • MAE:PL (avg, winning trades)
    -
  • MAE:PL (avg, losing trades)
    -
  • MAE:PL (avg, all trades)
    10.62
  • MAE:Equity, average, winning trades
    0.00
  • MAE:Equity, average, losing trades
    0.02
  • Avg(MAE) / Avg(PL) - All trades
    -33.295
  • 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 strat
    0.00
  • Avg(MAE) / Avg(PL) - Winning trades
    2.786
  • Avg(MAE) / Avg(PL) - Losing trades
    -2.241
  • Hold-and-Hope Ratio
    -0.030
  • Analysis based on MONTHLY values, full history
  • RATIO STATISTICS
  • Ratio statistics of excess return rates
  • Statistics related to Sharpe ratio
  • Mean
    0.26600
  • SD
    0.16585
  • Sharpe ratio (Glass type estimate)
    1.60388
  • Sharpe ratio (Hedges UMVUE)
    1.52730
  • df
    16.00000
  • t
    1.90900
  • p
    0.28464
  • Lowerbound of 95% confidence interval for Sharpe Ratio
    -0.15501
  • Upperbound of 95% confidence interval for Sharpe Ratio
    3.31803
  • Lowerbound of 95% CI (Gibbons, Hedeker & Davis approximation
    -0.20234
  • Upperbound of 95% CI (Gibbons, Hedeker & Davis approximation
    3.25693
  • Statistics related to Sortino ratio
  • Sortino ratio
    4.17488
  • Upside Potential Ratio
    5.88063
  • Upside part of mean
    0.37469
  • Downside part of mean
    -0.10868
  • Upside SD
    0.16651
  • Downside SD
    0.06372
  • N nonnegative terms
    11.00000
  • N negative terms
    6.00000
  • Statistics related to linear regression on benchmark
  • N of observations
    17.00000
  • Mean of predictor
    -0.09588
  • Mean of criterion
    0.26600
  • SD of predictor
    0.17510
  • SD of criterion
    0.16585
  • Covariance
    0.00516
  • r
    0.17766
  • b (slope, estimate of beta)
    0.16828
  • a (intercept, estimate of alpha)
    0.28214
  • Mean Square Error
    0.02841
  • DF error
    15.00000
  • t(b)
    0.69919
  • p(b)
    0.38750
  • t(a)
    1.96625
  • p(a)
    0.22198
  • Lowerbound of 95% confidence interval for beta
    -0.34470
  • Upperbound of 95% confidence interval for beta
    0.68125
  • Lowerbound of 95% confidence interval for alpha
    -0.02370
  • Upperbound of 95% confidence interval for alpha
    0.58798
  • Treynor index (mean / b)
    1.58078
  • Jensen alpha (a)
    0.28214
  • Ratio statistics of excess log return rates
  • Statistics related to Sharpe ratio
  • Mean
    0.25024
  • SD
    0.16112
  • Sharpe ratio (Glass type estimate)
    1.55316
  • Sharpe ratio (Hedges UMVUE)
    1.47900
  • df
    16.00000
  • t
    1.84863
  • p
    0.29024
  • Lowerbound of 95% confidence interval for Sharpe Ratio
    -0.19971
  • Upperbound of 95% confidence interval for Sharpe Ratio
    3.26242
  • Lowerbound of 95% CI (Gibbons, Hedeker & Davis approximation
    -0.24559
  • Upperbound of 95% CI (Gibbons, Hedeker & Davis approximation
    3.20359
  • Statistics related to Sortino ratio
  • Sortino ratio
    3.84636
  • Upside Potential Ratio
    5.54503
  • Upside part of mean
    0.36076
  • Downside part of mean
    -0.11051
  • Upside SD
    0.15943
  • Downside SD
    0.06506
  • N nonnegative terms
    11.00000
  • N negative terms
    6.00000
  • Statistics related to linear regression on benchmark
  • N of observations
    17.00000
  • Mean of predictor
    -0.11040
  • Mean of criterion
    0.25024
  • SD of predictor
    0.17403
  • SD of criterion
    0.16112
  • Covariance
    0.00483
  • r
    0.17216
  • b (slope, estimate of beta)
    0.15939
  • a (intercept, estimate of alpha)
    0.26784
  • Mean Square Error
    0.02687
  • DF error
    15.00000
  • t(b)
    0.67690
  • p(b)
    0.39094
  • t(a)
    1.91108
  • p(a)
    0.22778
  • Lowerbound of 95% confidence interval for beta
    -0.34251
  • Upperbound of 95% confidence interval for beta
    0.66128
  • Lowerbound of 95% confidence interval for alpha
    -0.03088
  • Upperbound of 95% confidence interval for alpha
    0.56656
  • Treynor index (mean / b)
    1.57000
  • Jensen alpha (a)
    0.26784
  • Risk estimates for a one-period unit investment (parametric)
  • assuming log normal returns and losses (using central moments from Sharpe statistics)
  • VaR(95%)
    0.05413
  • Expected Shortfall on VaR
    0.07220
  • assuming Pareto losses only (using partial moments from Sortino statistics)
  • VaR(95%)
    0.01659
  • Expected Shortfall on VaR
    0.03419
  • ORDER STATISTICS
  • Quartiles of return rates
  • Number of observations
    17.00000
  • Minimum
    0.94338
  • Quartile 1
    0.98448
  • Median
    1.01199
  • Quartile 3
    1.05253
  • Maximum
    1.10980
  • Mean of quarter 1
    0.97167
  • Mean of quarter 2
    1.00768
  • Mean of quarter 3
    1.03874
  • Mean of quarter 4
    1.09310
  • Inter Quartile Range
    0.06805
  • Number outliers low
    0.00000
  • Percentage of outliers low
    0.00000
  • Mean of outliers low
    0.00000
  • Number of outliers high
    0.00000
  • Percentage of outliers high
    0.00000
  • Mean of outliers high
    0.00000
  • Risk estimates for a one-period unit investment (based on Ex
  • Extreme Value Index (moments method)
    -0.13975
  • VaR(95%) (moments method)
    0.03086
  • Expected Shortfall (moments method)
    0.03864
  • Extreme Value Index (regression method)
    0.44074
  • VaR(95%) (regression method)
    0.03516
  • Expected Shortfall (regression method)
    0.06434
  • DRAW DOWN STATISTICS
  • Quartiles of draw downs
  • Number of observations
    4.00000
  • Minimum
    0.01552
  • Quartile 1
    0.02131
  • Median
    0.02410
  • Quartile 3
    0.03395
  • Maximum
    0.06092
  • Mean of quarter 1
    0.01552
  • Mean of quarter 2
    0.02324
  • Mean of quarter 3
    0.02495
  • Mean of quarter 4
    0.06092
  • Inter Quartile Range
    0.01264
  • Number outliers low
    0.00000
  • Percentage of outliers low
    0.00000
  • Mean of outliers low
    0.00000
  • Number of outliers high
    1.00000
  • Percentage of outliers high
    0.25000
  • Mean of outliers high
    0.06092
  • 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)
    0.34092
  • Compounded annual return (geometric extrapolation)
    0.32068
  • Calmar ratio (compounded annual return / max draw down)
    5.26372
  • Compounded annual return / average of 25% largest draw downs
    5.26372
  • Compounded annual return / Expected Shortfall lognormal
    4.44171
  • 0.00000
  • 0.00000
  • Analysis based on DAILY values, full history
  • RATIO STATISTICS
  • Ratio statistics of excess return rates
  • Statistics related to Sharpe ratio
  • Mean
    0.26859
  • SD
    0.18907
  • Sharpe ratio (Glass type estimate)
    1.42058
  • Sharpe ratio (Hedges UMVUE)
    1.41772
  • df
    372.00000
  • t
    1.69500
  • p
    0.04546
  • Lowerbound of 95% confidence interval for Sharpe Ratio
    -0.22617
  • Upperbound of 95% confidence interval for Sharpe Ratio
    3.06546
  • Lowerbound of 95% CI (Gibbons, Hedeker & Davis approximation
    -0.22809
  • Upperbound of 95% CI (Gibbons, Hedeker & Davis approximation
    3.06352
  • Statistics related to Sortino ratio
  • Sortino ratio
    1.89537
  • Upside Potential Ratio
    8.40750
  • Upside part of mean
    1.19143
  • Downside part of mean
    -0.92284
  • Upside SD
    0.12588
  • Downside SD
    0.14171
  • N nonnegative terms
    241.00000
  • N negative terms
    132.00000
  • Statistics related to linear regression on benchmark
  • N of observations
    373.00000
  • Mean of predictor
    -0.08184
  • Mean of criterion
    0.26859
  • SD of predictor
    0.21845
  • SD of criterion
    0.18907
  • Covariance
    0.01035
  • r
    0.25060
  • b (slope, estimate of beta)
    0.21690
  • a (intercept, estimate of alpha)
    0.28600
  • Mean Square Error
    0.03359
  • DF error
    371.00000
  • t(b)
    4.98591
  • p(b)
    0.00000
  • t(a)
    1.86357
  • p(a)
    0.03159
  • Lowerbound of 95% confidence interval for beta
    0.13135
  • Upperbound of 95% confidence interval for beta
    0.30244
  • Lowerbound of 95% confidence interval for alpha
    -0.01580
  • Upperbound of 95% confidence interval for alpha
    0.58849
  • Treynor index (mean / b)
    1.23836
  • Jensen alpha (a)
    0.28634
  • Ratio statistics of excess log return rates
  • Statistics related to Sharpe ratio
  • Mean
    0.25052
  • SD
    0.18982
  • Sharpe ratio (Glass type estimate)
    1.31982
  • Sharpe ratio (Hedges UMVUE)
    1.31716
  • df
    372.00000
  • t
    1.57477
  • p
    0.05808
  • Lowerbound of 95% confidence interval for Sharpe Ratio
    -0.32641
  • Upperbound of 95% confidence interval for Sharpe Ratio
    2.96435
  • Lowerbound of 95% CI (Gibbons, Hedeker & Davis approximation
    -0.32821
  • Upperbound of 95% CI (Gibbons, Hedeker & Davis approximation
    2.96253
  • Statistics related to Sortino ratio
  • Sortino ratio
    1.74116
  • Upside Potential Ratio
    8.22549
  • Upside part of mean
    1.18351
  • Downside part of mean
    -0.93298
  • Upside SD
    0.12438
  • Downside SD
    0.14388
  • N nonnegative terms
    241.00000
  • N negative terms
    132.00000
  • Statistics related to linear regression on benchmark
  • N of observations
    373.00000
  • Mean of predictor
    -0.10566
  • Mean of criterion
    0.25052
  • SD of predictor
    0.21858
  • SD of criterion
    0.18982
  • Covariance
    0.01042
  • r
    0.25117
  • b (slope, estimate of beta)
    0.21812
  • a (intercept, estimate of alpha)
    0.27357
  • Mean Square Error
    0.03385
  • DF error
    371.00000
  • t(b)
    4.99810
  • p(b)
    0.00000
  • t(a)
    1.77341
  • p(a)
    0.03849
  • Lowerbound of 95% confidence interval for beta
    0.13230
  • Upperbound of 95% confidence interval for beta
    0.30393
  • Lowerbound of 95% confidence interval for alpha
    -0.02977
  • Upperbound of 95% confidence interval for alpha
    0.57691
  • Treynor index (mean / b)
    1.14858
  • Jensen alpha (a)
    0.27357
  • Risk estimates for a one-period unit investment (parametric)
  • assuming log normal returns and losses (using central moments from Sharpe statistics)
  • VaR(95%)
    0.01817
  • Expected Shortfall on VaR
    0.02296
  • assuming Pareto losses only (using partial moments from Sortino statistics)
  • VaR(95%)
    0.00626
  • Expected Shortfall on VaR
    0.01402
  • ORDER STATISTICS
  • Quartiles of return rates
  • Number of observations
    373.00000
  • Minimum
    0.94983
  • Quartile 1
    0.99713
  • Median
    1.00287
  • Quartile 3
    1.00685
  • Maximum
    1.06433
  • Mean of quarter 1
    0.98667
  • Mean of quarter 2
    1.00038
  • Mean of quarter 3
    1.00469
  • Mean of quarter 4
    1.01294
  • Inter Quartile Range
    0.00972
  • Number outliers low
    23.00000
  • Percentage of outliers low
    0.06166
  • Mean of outliers low
    0.97010
  • Number of outliers high
    7.00000
  • Percentage of outliers high
    0.01877
  • Mean of outliers high
    1.03132
  • Risk estimates for a one-period unit investment (based on Ex
  • Extreme Value Index (moments method)
    0.52981
  • VaR(95%) (moments method)
    0.01181
  • Expected Shortfall (moments method)
    0.02938
  • Extreme Value Index (regression method)
    0.06196
  • VaR(95%) (regression method)
    0.01174
  • Expected Shortfall (regression method)
    0.01790
  • DRAW DOWN STATISTICS
  • Quartiles of draw downs
  • Number of observations
    26.00000
  • Minimum
    0.00014
  • Quartile 1
    0.00376
  • Median
    0.00782
  • Quartile 3
    0.02597
  • Maximum
    0.15052
  • Mean of quarter 1
    0.00180
  • Mean of quarter 2
    0.00519
  • Mean of quarter 3
    0.00991
  • Mean of quarter 4
    0.07125
  • Inter Quartile Range
    0.02220
  • Number outliers low
    0.00000
  • Percentage of outliers low
    0.00000
  • Mean of outliers low
    0.00000
  • Number of outliers high
    3.00000
  • Percentage of outliers high
    0.11539
  • Mean of outliers high
    0.11215
  • Risk estimates based on draw downs (based on Extreme Value T
  • Extreme Value Index (moments method)
    0.05245
  • VaR(95%) (moments method)
    0.06899
  • Expected Shortfall (moments method)
    0.09709
  • Extreme Value Index (regression method)
    0.08747
  • VaR(95%) (regression method)
    0.09760
  • Expected Shortfall (regression method)
    0.14604
  • COMBINED STATISTICS
  • Annualized return (arithmetic extrapolation)
    0.34169
  • Compounded annual return (geometric extrapolation)
    0.32105
  • Calmar ratio (compounded annual return / max draw down)
    2.13302
  • Compounded annual return / average of 25% largest draw downs
    4.50606
  • Compounded annual return / Expected Shortfall lognormal
    13.98570
  • 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
  • Mean
    0.33335
  • SD
    0.09626
  • Sharpe ratio (Glass type estimate)
    3.46296
  • Sharpe ratio (Hedges UMVUE)
    3.44294
  • df
    130.00000
  • t
    2.44868
  • p
    0.39501
  • Lowerbound of 95% confidence interval for Sharpe Ratio
    0.65302
  • Upperbound of 95% confidence interval for Sharpe Ratio
    6.26008
  • Lowerbound of 95% CI (Gibbons, Hedeker & Davis approximation
    0.63972
  • Upperbound of 95% CI (Gibbons, Hedeker & Davis approximation
    6.24616
  • Statistics related to Sortino ratio
  • Sortino ratio
    5.43380
  • Upside Potential Ratio
    12.77520
  • Upside part of mean
    0.78373
  • Downside part of mean
    -0.45038
  • Upside SD
    0.07653
  • Downside SD
    0.06135
  • N nonnegative terms
    84.00000
  • N negative terms
    47.00000
  • Statistics related to linear regression on benchmark
  • N of observations
    131.00000
  • Mean of predictor
    0.14403
  • Mean of criterion
    0.33335
  • SD of predictor
    0.15393
  • SD of criterion
    0.09626
  • Covariance
    0.00076
  • r
    0.05127
  • b (slope, estimate of beta)
    0.03207
  • a (intercept, estimate of alpha)
    0.32873
  • Mean Square Error
    0.00931
  • DF error
    129.00000
  • t(b)
    0.58313
  • p(b)
    0.46737
  • t(a)
    2.40457
  • p(a)
    0.36909
  • Lowerbound of 95% confidence interval for beta
    -0.07673
  • Upperbound of 95% confidence interval for beta
    0.14086
  • Lowerbound of 95% confidence interval for alpha
    0.05825
  • Upperbound of 95% confidence interval for alpha
    0.59922
  • Treynor index (mean / b)
    10.39570
  • Jensen alpha (a)
    0.32873
  • Ratio statistics of excess log return rates
  • Statistics related to Sharpe ratio
  • Mean
    0.32852
  • SD
    0.09621
  • Sharpe ratio (Glass type estimate)
    3.41456
  • Sharpe ratio (Hedges UMVUE)
    3.39482
  • df
    130.00000
  • t
    2.41446
  • p
    0.39642
  • Lowerbound of 95% confidence interval for Sharpe Ratio
    0.60551
  • Upperbound of 95% confidence interval for Sharpe Ratio
    6.21080
  • Lowerbound of 95% CI (Gibbons, Hedeker & Davis approximation
    0.59247
  • Upperbound of 95% CI (Gibbons, Hedeker & Davis approximation
    6.19718
  • Statistics related to Sortino ratio
  • Sortino ratio
    5.32536
  • Upside Potential Ratio
    12.65620
  • Upside part of mean
    0.78075
  • Downside part of mean
    -0.45223
  • Upside SD
    0.07611
  • Downside SD
    0.06169
  • N nonnegative terms
    84.00000
  • N negative terms
    47.00000
  • Statistics related to linear regression on benchmark
  • N of observations
    131.00000
  • Mean of predictor
    0.13224
  • Mean of criterion
    0.32852
  • SD of predictor
    0.15383
  • SD of criterion
    0.09621
  • Covariance
    0.00076
  • r
    0.05154
  • b (slope, estimate of beta)
    0.03223
  • a (intercept, estimate of alpha)
    0.32425
  • Mean Square Error
    0.00930
  • DF error
    129.00000
  • t(b)
    0.58618
  • p(b)
    0.46720
  • t(a)
    2.37374
  • p(a)
    0.37068
  • VAR (95 Confidence Intrvl)
    0.01800
  • Lowerbound of 95% confidence interval for beta
    -0.07657
  • Upperbound of 95% confidence interval for beta
    0.14104
  • Lowerbound of 95% confidence interval for alpha
    0.05399
  • Upperbound of 95% confidence interval for alpha
    0.59452
  • Treynor index (mean / b)
    10.19140
  • Jensen alpha (a)
    0.32425
  • Risk estimates for a one-period unit investment (parametric)
  • assuming log normal returns and losses (using central moments from Sharpe statistics)
  • VaR(95%)
    0.00849
  • Expected Shortfall on VaR
    0.01094
  • assuming Pareto losses only (using partial moments from Sortino statistics)
  • VaR(95%)
    0.00314
  • Expected Shortfall on VaR
    0.00671
  • ORDER STATISTICS
  • Quartiles of return rates
  • Number of observations
    131.00000
  • Minimum
    0.98338
  • Quartile 1
    0.99825
  • Median
    1.00210
  • Quartile 3
    1.00509
  • Maximum
    1.02098
  • Mean of quarter 1
    0.99371
  • Mean of quarter 2
    1.00028
  • Mean of quarter 3
    1.00363
  • Mean of quarter 4
    1.00796
  • Inter Quartile Range
    0.00684
  • Number outliers low
    4.00000
  • Percentage of outliers low
    0.03053
  • Mean of outliers low
    0.98497
  • Number of outliers high
    2.00000
  • Percentage of outliers high
    0.01527
  • Mean of outliers high
    1.02012
  • Risk estimates for a one-period unit investment (based on Ex
  • Extreme Value Index (moments method)
    -0.40002
  • VaR(95%) (moments method)
    0.00513
  • Expected Shortfall (moments method)
    0.00619
  • Extreme Value Index (regression method)
    -0.43660
  • VaR(95%) (regression method)
    0.00594
  • Expected Shortfall (regression method)
    0.00717
  • DRAW DOWN STATISTICS
  • Quartiles of draw downs
  • Number of observations
    16.00000
  • Minimum
    0.00045
  • Quartile 1
    0.00366
  • Median
    0.00630
  • Quartile 3
    0.00855
  • Maximum
    0.05176
  • Mean of quarter 1
    0.00156
  • Mean of quarter 2
    0.00441
  • Mean of quarter 3
    0.00812
  • Mean of quarter 4
    0.02683
  • Inter Quartile Range
    0.00489
  • Number outliers low
    0.00000
  • Percentage of outliers low
    0.00000
  • Mean of outliers low
    0.00000
  • Number of outliers high
    2.00000
  • Percentage of outliers high
    0.12500
  • Mean of outliers high
    0.04461
  • Risk estimates based on draw downs (based on Extreme Value T
  • Extreme Value Index (moments method)
    0.46064
  • VaR(95%) (moments method)
    0.02618
  • Expected Shortfall (moments method)
    0.05906
  • Extreme Value Index (regression method)
    1.16696
  • VaR(95%) (regression method)
    0.03086
  • Last 4 Months - Pcnt Negative
    0.50%
  • Expected Shortfall (regression method)
    0.00000
  • Strat Max DD how much worse than SP500 max DD during strat life?
    -378508000
  • Max Equity Drawdown (num days)
    19
  • COMBINED STATISTICS
  • Annualized return (arithmetic extrapolation)
    0.39015
  • Compounded annual return (geometric extrapolation)
    0.42821
  • Calmar ratio (compounded annual return / max draw down)
    8.27278
  • Compounded annual return / average of 25% largest draw downs
    15.95890
  • Compounded annual return / Expected Shortfall lognormal
    39.12780

Strategy Description

Dear valued client,

At Collective2, we are a signal provider and do not assume any responsibility for client order execution or technical problems that may arise. This strategy is managed in a real portfolio (TOS), and all trades seen on Collective2 are fully executed on our end. We trade our own developed models and take short-term & swing positions based on the market's environment.
Please be advised that this is a high-risk business, and we will try to minimize the risk as much as possible. We believe that the bigger the account, the lower the risk, as we prefer not to use leverage and try to avoid it. It is important to understand the risks involved in trading. We were present during the market crashes of 1987, 1997, 2000, and 2008, and have witnessed the impact it had on many people. Therefore, we emphasize that those who cannot afford to lose should not participate in this game.

Please note that we do not respond to messages on this platform frequently. If you have any urgent questions or inquiries, please send an email to [email protected]
Additionally, Collective2 does not support pre and after-market trade execution. Nonetheless, sometimes we will trade pre and after-market on our account, especially during earning seasons. Please take this factor into consideration when you choose to subscribe to the strategy. You can modify which product to execute from your side when subscribing to the strategy.
*******************************************************************************************************************************

FAQ:
Q: How much should I allocate to this strategy?
A: We are managing a portfolio of 1MM. Based on your risk tolerance and available capital, you should allocate as you see fit (Scaling).

Q: Can I get a discount?
A: No, we do not provide any discounts.

Q: Why is the strategy so expensive?
A: Our strategy trades Futures, and one of the limitations we have in Collective2 is that the higher we go in AUM, the more effect it has on our buying quantity, known as "Position Limits." After working with Collective2 for some time, we saw that the more clients we have, the less buying quantity we have. There are situations where we cannot buy at all, which is unfair to our current clients. To avoid this problem, we decided to have a higher fee so that it has a more negligible effect on the quantity we can buy. This position limits mainly for Futures contracts and not stocks.

Q: Why is the leverage so high, and how come you have all this buying power?
A: Our portfolio size is 1 million USD, and Collective2 does not adjust the strategy starting capital. Once a strategy opens with starting capital, it is unchangeable.

Q: I want to scale up, how much % should I scale?
A: We do not recommend subscribers to scale the strategy as it affects CLIENTS and OUR trades. If you still want to scale for any reason, please reach us, and we will try to find a solution.

Q: One of the orders didn't fill. What do I need to do?
A: Please get in touch with Collective2. We cannot do anything regarding that from our end.

Q: Is it an Algo Strategy?
A: No, the strategy is managed by a group of people and manually executed.

Q: I see a different fill price and P&L from the trade on my side.
A: Often, system vendors at C2 will submit a limit order at a price that is not "market-clearing."

Q: Are you double down or doing martingale?
A: No, by our strategy, we have a price range which we will accumulate the asset.

Q: Do you have a take profit & stop loss?
A: Each trade has a strategic plan prepared in advance.

Q: Do you have a take profit and stop loss?
A: Each trade has a pre-determined strategic plan in place, which includes take profit and stop loss levels.

Q: The returns of the strategy do not add up. Why are there different numbers?
A: Collective2 is required to calculate returns according to regulatory requirements, which may differ from other calculations. Conducting due diligence will reveal that the returns are, in fact, higher.

Q: What assets do you trade?
A: We trade in Futures, Stocks, and Options, depending on market conditions and our strategy.

Q: There have been no trades for a couple of days. Is there any particular reason?
A: We do not fill a trade capacity; rather, we manage our portfolio and trade based on our strategy and when we deem it appropriate.

Q: I am not interested in trading certain products. What are my options?
A: You have the option to follow only the trades that you are interested in, and you do not need to trade all of them.

Q: What broker should I use?
A: We work with Interactive Brokers. However, we cannot recommend a specific broker, as you should conduct your own due diligence.

Q: Is there a free trial available for your strategy?
A: Unfortunately, we do not offer any free trials. However, you can simulate our strategy before subscribing.

Q: I sent you a direct message on Collective2, but I have not received a reply. Why is that?
A: We do not frequently check Collective2 as our portfolio is connected to the strategy, and we let it run. However, you can contact us through the email provided above, and we will do our best to respond to your inquiry.

Summary Statistics

Strategy began
2022-01-01
Suggested Minimum Capital
$340,000
Rank at C2 
#121
# Trades
2051
# Profitable
1922
% Profitable
93.7%
Net Dividends
Correlation S&P500
0.265
Sharpe Ratio
0.96
Sortino Ratio
1.28
Beta
0.24
Alpha
0.07
Leverage
1.51 Average
5.21 Maximum
Summary
Higher leverage = greater risk.

More information about leverage

Collective2 calculates the maximum leverage used by a strategy in each day. We then display the average of these measurements (i.e. the average daily maximum leverage) and the greatest of these measurements (maximum daily leverage).

Leverage is the ratio of total notional value controlled by a strategy divided by its Model Account equity. Generally higher leverage implies greater risk.

Example of calculation:
The Strategy buys 100 shares of stock at $12 per share.
The Model Account equity during that day is $5,000.
The leverage is: $1200 / $5,000 = 0.24

This is a useful measurement, but it should be considered in context. This measurement doesn't take into account important factors, such as when multiple positions are held that are inversely correlated. Nor does the measurement take into account the volatility of the instruments being held.

In addition, certain asset classes are inherently more leveraged than others. For example, futures contracts are highly leveraged. Forex positions are often even more leveraged than futures.

Latest Activity

#PERSONNAME#
subscribed on started simulation #SUBSCRIBEDDATE#

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 under-or over-compensated 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 re-scaled downward to make current go-forward 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 per-trade 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.

Okay, gotcha.

Not available

This feature isn't available under your current Trade Leader Plan.

Want to see available plans and features?

Please hold...

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.