Stock Miner
(125578980)
Subscription terms. Subscriptions to this system cost $50.00 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.
Nonhedged Equity
Predominantly long equities, although some hedging with short sales of stocks and/or stock index options. Commonly known as "stockpickers."Rate of Return Calculations
Overview
To comply with NFA regulations, we display Cumulative Rate of Return for strategies with a track record of less than one year. For strategies with longer track records, we display Annualized (Compounded) Rate of Return.
How Annualized (Compounded) Rate of Return is calculated
= ((Ending_equity / Starting_equity) ^ (1 / age_in_years))  1
Remember that, following NFA requirements, strategy subscription costs and estimated commissions are included in markedtomarket equity calculations.
All results are hypothetical.
Jan  Feb  Mar  Apr  May  Jun  Jul  Aug  Sep  Oct  Nov  Dec  YTD  

2019  +3.7%  (1.5%)  +8.9%  +11.3%  
2020  (4.7%)  (3.9%)  (5%)  +2.2%  (0.2%)  (0.1%)  +2.9%  (0.6%)  (2.2%)  +1.3%  (10.2%) 
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  $60,000  
Buy Power  $34,075  
Cash  $1  
Equity  $1  
Cumulative $  $5,541  
Includes dividends and cashsettled expirations:  $160  Itemized 
Total System Equity  $65,541  
Margined  $1  
Open P/L  $746  
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 began10/1/2019

Suggested Minimum Cap$15,000

Strategy Age (days)394.9

Age13 months ago

What it tradesStocks

# Trades1281

# Profitable897

% Profitable70.00%

Avg trade duration8.1 days

Max peaktovalley drawdown28.51%

drawdown periodJan 16, 2020  March 18, 2020

Annual Return (Compounded)0.1%

Avg win$91.90

Avg loss$200.67
 Model Account Values (Raw)

Cash$36,674

Margin Used$0

Buying Power$34,075
 Ratios

W:L ratio1.07:1

Sharpe Ratio0.21

Sortino Ratio0.28

Calmar Ratio0.532
 CORRELATION STATISTICS

Return of Strat Pcnt  Return of SP500 Pcnt (cumu)10.78%

Correlation to SP5000.49760

Return Percent SP500 (cumu) during strategy life12.58%
 Return Statistics

Ann Return (w trading costs)0.1%
 Slump

Current Slump as Pcnt Equity17.20%
 Instruments

Percent Trades Futuresn/a
 Slump

Current Slump, time of slump as pcnt of strategy life0.73%
 Instruments

Short Options  Percent Covered100.00%
 Return Statistics

Return Pcnt (Compound or Annual, agebased, NFA compliant)0.001%
 Instruments

Percent Trades Optionsn/a

Percent Trades Stocks1.00%

Percent Trades Forexn/a
 Return Statistics

Ann Return (Compnd, No Fees)8.1%
 Risk of Ruin (MonteCarlo)

Chance of 10% account lossn/a

Chance of 20% account lossn/a

Chance of 30% account lossn/a

Chance of 40% account lossn/a

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

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

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

Percentage Signals Automated9982.00%
 Risk of Ruin (MonteCarlo)

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

Chance of 50% account lossn/a
 Popularity

Popularity (Today)0

Popularity (Last 6 weeks)464
 Trading Style

Any stock shorts? 0/10
 Popularity

C2 Score243

Popularity (7 days, Percentile 1000 scale)0
 Management

No Subs Allowed Flag (1: no subs)0

Strat abandoned?0
 TradesOwnSystem Certification

Trades Own System?

TOS percentn/a
 Win / Loss

Avg Loss$201

Avg Win$92

Sum Trade PL (losers)$77,354.000
 Age

Num Months filled monthly returns table13
 Win / Loss

Sum Trade PL (winners)$82,444.000

# Winners897

Num Months Winners5
 Dividends

Dividends Received in Model Acct161
 Win / Loss

# Losers384

% Winners70.0%
 Frequency

Avg Position Time (mins)11676.80

Avg Position Time (hrs)194.61

Avg Trade Length8.1 days

Last Trade Ago0
 Leverage

Daily leverage (average)0.63

Daily leverage (max)1.00
 Regression

Alpha0.00

Beta0.31

Treynor Index0.05
 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)0.23

MAE:Equity, average, winning trades0.00

MAE:Equity, average, losing trades0.00

Avg(MAE) / Avg(PL)  All trades30.660

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 trades0.855

Avg(MAE) / Avg(PL)  Losing trades1.261

HoldandHope Ratio0.036
 Analysis based on MONTHLY values, full history
 RATIO STATISTICS
 Ratio statistics of excess return rates
 Statistics related to Sharpe ratio

Mean0.12091

SD0.20585

Sharpe ratio (Glass type estimate)0.58735

Sharpe ratio (Hedges UMVUE)0.54621

df11.00000

t0.58735

p0.28441

Lowerbound of 95% confidence interval for Sharpe Ratio1.40049

Upperbound of 95% confidence interval for Sharpe Ratio2.54934

Lowerbound of 95% CI (Gibbons, Hedeker & Davis approximation1.42699

Upperbound of 95% CI (Gibbons, Hedeker & Davis approximation2.51942
 Statistics related to Sortino ratio

Sortino ratio1.03162

Upside Potential Ratio2.95966

Upside part of mean0.34687

Downside part of mean0.22597

Upside SD0.16225

Downside SD0.11720

N nonnegative terms6.00000

N negative terms6.00000
 Statistics related to linear regression on benchmark

N of observations12.00000

Mean of predictor0.19056

Mean of criterion0.12091

SD of predictor0.29234

SD of criterion0.20585

Covariance0.04420

r0.73440

b (slope, estimate of beta)0.51712

a (intercept, estimate of alpha)0.02236

Mean Square Error0.02147

DF error10.00000

t(b)3.42173

p(b)0.00326

t(a)0.14975

p(a)0.44197

Lowerbound of 95% confidence interval for beta0.18039

Upperbound of 95% confidence interval for beta0.85386

Lowerbound of 95% confidence interval for alpha0.31038

Upperbound of 95% confidence interval for alpha0.35511

Treynor index (mean / b)0.23381

Jensen alpha (a)0.02236
 Ratio statistics of excess log return rates
 Statistics related to Sharpe ratio

Mean0.10123

SD0.20412

Sharpe ratio (Glass type estimate)0.49595

Sharpe ratio (Hedges UMVUE)0.46122

df11.00000

t0.49595

p0.31484

Lowerbound of 95% confidence interval for Sharpe Ratio1.48564

Upperbound of 95% confidence interval for Sharpe Ratio2.45565

Lowerbound of 95% CI (Gibbons, Hedeker & Davis approximation1.50820

Upperbound of 95% CI (Gibbons, Hedeker & Davis approximation2.43063
 Statistics related to Sortino ratio

Sortino ratio0.82888

Upside Potential Ratio2.73847

Upside part of mean0.33445

Downside part of mean0.23322

Upside SD0.15534

Downside SD0.12213

N nonnegative terms6.00000

N negative terms6.00000
 Statistics related to linear regression on benchmark

N of observations12.00000

Mean of predictor0.14781

Mean of criterion0.10123

SD of predictor0.30673

SD of criterion0.20412

Covariance0.04687

r0.74862

b (slope, estimate of beta)0.49818

a (intercept, estimate of alpha)0.02760

Mean Square Error0.02015

DF error10.00000

t(b)3.57063

p(b)0.00255

t(a)0.19242

p(a)0.42563

Lowerbound of 95% confidence interval for beta0.18731

Upperbound of 95% confidence interval for beta0.80905

Lowerbound of 95% confidence interval for alpha0.29197

Upperbound of 95% confidence interval for alpha0.34717

Treynor index (mean / b)0.20320

Jensen alpha (a)0.02760
 Risk estimates for a oneperiod unit investment (parametric)
 assuming log normal returns and losses (using central moments from Sharpe statistics)

VaR(95%)0.08468

Expected Shortfall on VaR0.10673
 assuming Pareto losses only (using partial moments from Sortino statistics)

VaR(95%)0.04387

Expected Shortfall on VaR0.07938
 ORDER STATISTICS
 Quartiles of return rates

Number of observations12.00000

Minimum0.90285

Quartile 10.97760

Median1.00467

Quartile 31.04659

Maximum1.11827

Mean of quarter 10.93914

Mean of quarter 20.98554

Mean of quarter 31.03083

Mean of quarter 41.08479

Inter Quartile Range0.06898

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 for a oneperiod unit investment (based on Ex

Extreme Value Index (moments method)0.10997

VaR(95%) (moments method)0.06613

Expected Shortfall (moments method)0.09221

Extreme Value Index (regression method)2.22725

VaR(95%) (regression method)0.09851

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

Number of observations2.00000

Minimum0.01342

Quartile 10.05322

Median0.09303

Quartile 30.13283

Maximum0.17264

Mean of quarter 10.01342

Mean of quarter 20.00000

Mean of quarter 30.00000

Mean of quarter 40.17264

Inter Quartile Range0.07961

Number outliers low0.00000

Percentage of outliers low0.00000

Mean of outliers low0.00000

Number of outliers high0.00000

Percentage of outliers high0.00000

Mean of outliers high0.00000
 Risk estimates based on draw downs (based on Extreme Value T

Extreme Value Index (moments method)0.00000

VaR(95%) (moments method)0.00000

Expected Shortfall (moments method)0.00000

Extreme Value Index (regression method)0.00000

VaR(95%) (regression method)0.00000

Expected Shortfall (regression method)0.00000
 COMBINED STATISTICS

Annualized return (arithmetic extrapolation)0.10653

Compounded annual return (geometric extrapolation)0.10653

Calmar ratio (compounded annual return / max draw down)0.61708

Compounded annual return / average of 25% largest draw downs0.61708

Compounded annual return / Expected Shortfall lognormal0.99814

0.00000

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

Mean0.14383

SD0.19455

Sharpe ratio (Glass type estimate)0.73931

Sharpe ratio (Hedges UMVUE)0.73733

df280.00000

t0.76565

p0.22227

Lowerbound of 95% confidence interval for Sharpe Ratio1.15484

Upperbound of 95% confidence interval for Sharpe Ratio2.63222

Lowerbound of 95% CI (Gibbons, Hedeker & Davis approximation1.15620

Upperbound of 95% CI (Gibbons, Hedeker & Davis approximation2.63085
 Statistics related to Sortino ratio

Sortino ratio1.00808

Upside Potential Ratio8.07981

Upside part of mean1.15280

Downside part of mean1.00897

Upside SD0.13204

Downside SD0.14268

N nonnegative terms163.00000

N negative terms118.00000
 Statistics related to linear regression on benchmark

N of observations281.00000

Mean of predictor0.15011

Mean of criterion0.14383

SD of predictor0.33196

SD of criterion0.19455

Covariance0.03159

r0.48923

b (slope, estimate of beta)0.28671

a (intercept, estimate of alpha)0.10100

Mean Square Error0.02889

DF error279.00000

t(b)9.36959

p(b)0.00000

t(a)0.61385

p(a)0.26991

Lowerbound of 95% confidence interval for beta0.22648

Upperbound of 95% confidence interval for beta0.34695

Lowerbound of 95% confidence interval for alpha0.22243

Upperbound of 95% confidence interval for alpha0.42401

Treynor index (mean / b)0.50165

Jensen alpha (a)0.10079
 Ratio statistics of excess log return rates
 Statistics related to Sharpe ratio

Mean0.12485

SD0.19521

Sharpe ratio (Glass type estimate)0.63958

Sharpe ratio (Hedges UMVUE)0.63786

df280.00000

t0.66236

p0.25414

Lowerbound of 95% confidence interval for Sharpe Ratio1.25427

Upperbound of 95% confidence interval for Sharpe Ratio2.53230

Lowerbound of 95% CI (Gibbons, Hedeker & Davis approximation1.25542

Upperbound of 95% CI (Gibbons, Hedeker & Davis approximation2.53114
 Statistics related to Sortino ratio

Sortino ratio0.86176

Upside Potential Ratio7.89748

Upside part of mean1.14421

Downside part of mean1.01936

Upside SD0.13054

Downside SD0.14488

N nonnegative terms163.00000

N negative terms118.00000
 Statistics related to linear regression on benchmark

N of observations281.00000

Mean of predictor0.09466

Mean of criterion0.12485

SD of predictor0.33446

SD of criterion0.19521

Covariance0.03232

r0.49496

b (slope, estimate of beta)0.28890

a (intercept, estimate of alpha)0.09751

Mean Square Error0.02888

DF error279.00000

t(b)9.51462

p(b)0.00000

t(a)0.59417

p(a)0.27644

Lowerbound of 95% confidence interval for beta0.22913

Upperbound of 95% confidence interval for beta0.34867

Lowerbound of 95% confidence interval for alpha0.22554

Upperbound of 95% confidence interval for alpha0.42056

Treynor index (mean / b)0.43218

Jensen alpha (a)0.09751
 Risk estimates for a oneperiod unit investment (parametric)
 assuming log normal returns and losses (using central moments from Sharpe statistics)

VaR(95%)0.01917

Expected Shortfall on VaR0.02410
 assuming Pareto losses only (using partial moments from Sortino statistics)

VaR(95%)0.00782

Expected Shortfall on VaR0.01650
 ORDER STATISTICS
 Quartiles of return rates

Number of observations281.00000

Minimum0.95203

Quartile 10.99577

Median1.00080

Quartile 31.00680

Maximum1.05354

Mean of quarter 10.98614

Mean of quarter 20.99869

Mean of quarter 31.00350

Mean of quarter 41.01408

Inter Quartile Range0.01103

Number outliers low13.00000

Percentage of outliers low0.04626

Mean of outliers low0.96712

Number of outliers high5.00000

Percentage of outliers high0.01779

Mean of outliers high1.03399
 Risk estimates for a oneperiod unit investment (based on Ex

Extreme Value Index (moments method)0.32961

VaR(95%) (moments method)0.01293

Expected Shortfall (moments method)0.02334

Extreme Value Index (regression method)0.15357

VaR(95%) (regression method)0.01358

Expected Shortfall (regression method)0.02130
 DRAW DOWN STATISTICS
 Quartiles of draw downs

Number of observations9.00000

Minimum0.00268

Quartile 10.00689

Median0.00790

Quartile 30.01014

Maximum0.24980

Mean of quarter 10.00426

Mean of quarter 20.00764

Mean of quarter 30.00940

Mean of quarter 40.14925

Inter Quartile Range0.00325

Number outliers low0.00000

Percentage of outliers low0.00000

Mean of outliers low0.00000

Number of outliers high2.00000

Percentage of outliers high0.22222

Mean of outliers high0.14925
 Risk estimates based on draw downs (based on Extreme Value T

Extreme Value Index (moments method)1.37391

VaR(95%) (moments method)0.04656

Expected Shortfall (moments method)0.04968

Extreme Value Index (regression method)1.38319

VaR(95%) (regression method)0.35759

Expected Shortfall (regression method)0.00000
 COMBINED STATISTICS

Annualized return (arithmetic extrapolation)0.13360

Compounded annual return (geometric extrapolation)0.13298

Calmar ratio (compounded annual return / max draw down)0.53236

Compounded annual return / average of 25% largest draw downs0.89104

Compounded annual return / Expected Shortfall lognormal5.51902

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

Mean0.20799

SD0.16171

Sharpe ratio (Glass type estimate)1.28612

Sharpe ratio (Hedges UMVUE)1.27868

df130.00000

t0.90942

p0.46025

Lowerbound of 95% confidence interval for Sharpe Ratio1.49251

Upperbound of 95% confidence interval for Sharpe Ratio4.05992

Lowerbound of 95% CI (Gibbons, Hedeker & Davis approximation1.49748

Upperbound of 95% CI (Gibbons, Hedeker & Davis approximation4.05485
 Statistics related to Sortino ratio

Sortino ratio1.71413

Upside Potential Ratio8.56736

Upside part of mean1.03952

Downside part of mean0.83154

Upside SD0.10675

Downside SD0.12134

N nonnegative terms78.00000

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

N of observations131.00000

Mean of predictor0.24459

Mean of criterion0.20799

SD of predictor0.21161

SD of criterion0.16171

Covariance0.01891

r0.55249

b (slope, estimate of beta)0.42221

a (intercept, estimate of alpha)0.10472

Mean Square Error0.01831

DF error129.00000

t(b)7.52840

p(b)0.16709

t(a)0.54582

p(a)0.46945

Lowerbound of 95% confidence interval for beta0.31125

Upperbound of 95% confidence interval for beta0.53317

Lowerbound of 95% confidence interval for alpha0.27487

Upperbound of 95% confidence interval for alpha0.48431

Treynor index (mean / b)0.49261

Jensen alpha (a)0.10472
 Ratio statistics of excess log return rates
 Statistics related to Sharpe ratio

Mean0.19483

SD0.16268

Sharpe ratio (Glass type estimate)1.19763

Sharpe ratio (Hedges UMVUE)1.19070

df130.00000

t0.84685

p0.46297

Lowerbound of 95% confidence interval for Sharpe Ratio1.58018

Upperbound of 95% confidence interval for Sharpe Ratio3.97096

Lowerbound of 95% CI (Gibbons, Hedeker & Davis approximation1.58488

Upperbound of 95% CI (Gibbons, Hedeker & Davis approximation3.96629
 Statistics related to Sortino ratio

Sortino ratio1.58161

Upside Potential Ratio8.39288

Upside part of mean1.03388

Downside part of mean0.83905

Upside SD0.10599

Downside SD0.12319

N nonnegative terms78.00000

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

N of observations131.00000

Mean of predictor0.22206

Mean of criterion0.19483

SD of predictor0.21313

SD of criterion0.16268

Covariance0.01930

r0.55653

b (slope, estimate of beta)0.42479

a (intercept, estimate of alpha)0.10050

Mean Square Error0.01841

DF error129.00000

t(b)7.60804

p(b)0.16495

t(a)0.52267

p(a)0.47075

VAR (95 Confidence Intrvl)0.01900

Lowerbound of 95% confidence interval for beta0.31432

Upperbound of 95% confidence interval for beta0.53527

Lowerbound of 95% confidence interval for alpha0.27994

Upperbound of 95% confidence interval for alpha0.48094

Treynor index (mean / b)0.45865

Jensen alpha (a)0.10050
 Risk estimates for a oneperiod unit investment (parametric)
 assuming log normal returns and losses (using central moments from Sharpe statistics)

VaR(95%)0.01566

Expected Shortfall on VaR0.01978
 assuming Pareto losses only (using partial moments from Sortino statistics)

VaR(95%)0.00625

Expected Shortfall on VaR0.01344
 ORDER STATISTICS
 Quartiles of return rates

Number of observations131.00000

Minimum0.95203

Quartile 10.99613

Median1.00217

Quartile 31.00665

Maximum1.02683

Mean of quarter 10.98856

Mean of quarter 20.99916

Mean of quarter 31.00387

Mean of quarter 41.01168

Inter Quartile Range0.01052

Number outliers low3.00000

Percentage of outliers low0.02290

Mean of outliers low0.96324

Number of outliers high1.00000

Percentage of outliers high0.00763

Mean of outliers high1.02683
 Risk estimates for a oneperiod unit investment (based on Ex

Extreme Value Index (moments method)0.31046

VaR(95%) (moments method)0.01101

Expected Shortfall (moments method)0.01918

Extreme Value Index (regression method)0.20980

VaR(95%) (regression method)0.01133

Expected Shortfall (regression method)0.01816
 DRAW DOWN STATISTICS
 Quartiles of draw downs

Number of observations9.00000

Minimum0.00267

Quartile 10.00567

Median0.00917

Quartile 30.06032

Maximum0.07407

Mean of quarter 10.00453

Mean of quarter 20.00884

Mean of quarter 30.04200

Mean of quarter 40.06861

Inter Quartile Range0.05465

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)0.61220

VaR(95%) (moments method)0.07226

Expected Shortfall (moments method)0.07530

Extreme Value Index (regression method)0.95202

VaR(95%) (regression method)0.07849

Last 4 Months  Pcnt Negative0.50%

Expected Shortfall (regression method)0.51879

Strat Max DD how much worse than SP500 max DD during strat life?309501000

Max Equity Drawdown (num days)62
 COMBINED STATISTICS

Annualized return (arithmetic extrapolation)0.20464

Compounded annual return (geometric extrapolation)0.21511

Calmar ratio (compounded annual return / max draw down)2.90418

Compounded annual return / average of 25% largest draw downs3.13533

Compounded annual return / Expected Shortfall lognormal10.87360
Strategy Description
The minimum price for any stock to be considered for purchasing is $1.20 per share. the 13 week moving volume average needs to be at least 80,000 shares per day. The portfolio size should be a maximum of 90 securities holding no security longer than 90 days.
The intent of this is to have buy low and sell high strategy that does not require margin. There is no short selling. Many positions will get closed when they meet gain requirements the up shot is often the current holdings are neutral to negative but the overall results are positive due to sales previous sales.
Normally, all orders put in once a day before market open with either limit orders or market orders in the event a position is being closed regardless of the price.
This is all done through automation which means, it is possible that unforeseen events can happen that prevent the daily run to either finish in time or to be run for that day at all (though it unlikely). Fortunately all the positions selected are based on positive forecasts 120 days out. So, ideally in this unlikely event the positions can remain open with no ill effect on average.
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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(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.