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This is an archived track record. This track record was archived on 6/3/21 15:04 ET. (See latest track record)
These are hypothetical performance results that have certain inherent limitations. Learn more

Spare for Anything
(134823914)

Created by: PatienceToInvest_com PatienceToInvest_com
Started: 03/2021
Futures, Options
Last trade: 489 days ago

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 $125.00 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.

38.3%
Cumul. Return

Rate of Return Calculations

Overview

To comply with NFA regulations, we display Cumulative Rate of Return for strategies with a track record of less than one year. For strategies with longer track records, we display Annualized (Compounded) Rate of Return.

How Cumulative Rate of Return is calculated

= (Ending_equity - Starting_equity) / Starting_equity

Remember that, following NFA requirements, strategy subscription costs and estimated commissions are included in marked-to-market equity calculations.

All results are hypothetical.

(25.9%)
Max Drawdown
17
Num Trades
35.3%
Win Trades
1.5 : 1
Profit Factor
10.0%
Win Months
Hypothetical Monthly Returns (includes system fee and Typical Broker commissions and fees)
 JanFebMarAprMayJunJulAugSepOctNovDecYTD
2021              +6.3%+13.3%(9.2%)(3%)  -    -    -    -    -    -  +6.1%
2022  -    -    -    -    -    -    -    -    -    -              0.0

Model Account Details

A trading strategy on Collective2. Follow it in your broker account, or use a free simulated trading account.

Advanced users may want to use this information to adjust their AutoTrade scaling, or merely to understand the magnitudes of the nearby chart.

System developer has asked us to delay this information by 168 hours.

Trading Record

Download CSV
Long
Short
Both
Win
Loss
Both
Show More details Show Fewer details
Opened Date/TimeSymbolDescriptionSideQtyAvg PriceClosed Date/TimeAvg PriceDrawdownP/L
6/2/21 14:51 GLD2104R135 GLD Jun4'21 135 put LONG 4 0.01 6/3 15:04 0.01 n/a ($6)
Includes Typical Broker Commissions trade costs of $5.60
6/3/21 14:59 QQQ2125R220 QQQ Jun25'21 220 put SHORT 4 0.06 6/3 15:00 0.07 n/a ($10)
Includes Typical Broker Commissions trade costs of $5.60
6/2/21 15:04 QQQ2125R220 QQQ Jun25'21 220 put LONG 10 0.06 6/3 14:59 0.06 n/a ($14)
Includes Typical Broker Commissions trade costs of $14.00
6/2/21 15:16 @MBTM1 MICRO BITCOIN LONG 1 38085 6/3 14:59 38595 0.03%
Trade id #135879442
Max drawdown($82)
Time6/2/21 22:33
Quant open1
Worst price37260
Drawdown as % of equity-0.03%
$43
Includes Typical Broker Commissions trade costs of $8.00
6/2/21 14:54 QMGCM1 E-Micro Gold LONG 4 1908.2 6/3 14:59 1872.4 0.48%
Trade id #135879220
Max drawdown($1,300)
Time6/3/21 9:23
Quant open4
Worst price1875.7
Drawdown as % of equity-0.48%
($1,435)
Includes Typical Broker Commissions trade costs of $2.80
5/28/21 14:58 VIX2121G42.5 VIX Jul21'21 42.5 call LONG 10 0.80 6/3 14:59 0.85 0.04%
Trade id #135827197
Max drawdown($120)
Time6/1/21 0:00
Quant open10
Worst price0.68
Drawdown as % of equity-0.04%
$36
Includes Typical Broker Commissions trade costs of $14.00
5/28/21 14:55 @VXN1 CBOE Volatility Index VIX SHORT 7 20.40 6/3 14:59 21.39 2.98%
Trade id #135827165
Max drawdown($8,100)
Time6/3/21 7:46
Quant open6
Worst price21.75
Drawdown as % of equity-2.98%
($7,006)
Includes Typical Broker Commissions trade costs of $56.00
5/13/21 15:43 VIX2116F47.5 VIX Jun16'21 47.5 call LONG 30 0.80 6/3 14:59 0.10 0.74%
Trade id #135607338
Max drawdown($2,010)
Time6/2/21 0:00
Quant open30
Worst price0.13
Drawdown as % of equity-0.74%
($2,142)
Includes Typical Broker Commissions trade costs of $42.00
5/25/21 15:46 VIX2116F45 VIX Jun16'21 45 call LONG 30 0.45 6/3 14:59 0.15 0.36%
Trade id #135771455
Max drawdown($990)
Time6/2/21 0:00
Quant open30
Worst price0.12
Drawdown as % of equity-0.36%
($942)
Includes Typical Broker Commissions trade costs of $42.00
3/23/21 23:54 @MNQM1 MICRO E-MINI NASDAQ 100 LONG 26 13168.56 6/3 14:59 13344.73 3.84%
Trade id #134823954
Max drawdown($9,446)
Time3/25/21 0:00
Quant open14
Worst price12609.80
Drawdown as % of equity-3.84%
$9,137
Includes Typical Broker Commissions trade costs of $24.44
5/13/21 15:41 @VXM1 CBOE Volatility Index VIX SHORT 7 22.22 5/28 14:51 19.36 7.33%
Trade id #135607288
Max drawdown($18,900)
Time5/19/21 0:00
Quant open6
Worst price25.65
Drawdown as % of equity-7.33%
$19,944
Includes Typical Broker Commissions trade costs of $56.00
4/20/21 13:48 VIX2119E42.5 VIX May19'21 42.5 call LONG 70 0.65 5/13 15:41 0.20 1.26%
Trade id #135236089
Max drawdown($3,850)
Time5/10/21 0:00
Quant open70
Worst price0.10
Drawdown as % of equity-1.26%
($3,248)
Includes Typical Broker Commissions trade costs of $98.00
4/20/21 13:46 @VXK1 CBOE Volatility Index VIX SHORT 8 21.29 5/13 15:38 23.58 14.76%
Trade id #135236045
Max drawdown($40,993)
Time5/12/21 0:00
Quant open7
Worst price27.15
Drawdown as % of equity-14.76%
($18,364)
Includes Typical Broker Commissions trade costs of $64.00
4/5/21 9:33 QQQ2123P215 QQQ Apr23'21 215 put LONG 12 0.05 4/24 9:35 0.00 0.02%
Trade id #135002659
Max drawdown($48)
Time4/8/21 0:00
Quant open12
Worst price0.01
Drawdown as % of equity-0.02%
($68)
Includes Typical Broker Commissions trade costs of $8.40
4/5/21 9:30 VIX2121D45 VIX Apr21'21 45 call LONG 80 0.11 4/21 8:05 0.00 0.26%
Trade id #135002531
Max drawdown($840)
Time4/19/21 0:00
Quant open80
Worst price0.01
Drawdown as % of equity-0.26%
($1,032)
Includes Typical Broker Commissions trade costs of $112.00
3/23/21 23:55 @VXJ1 CBOE Volatility Index VIX SHORT 8 21.02 4/20 13:43 18.95 2.93%
Trade id #134823956
Max drawdown($7,200)
Time3/25/21 0:00
Quant open4
Worst price24.50
Drawdown as % of equity-2.93%
$16,486
Includes Typical Broker Commissions trade costs of $64.00
3/23/21 23:55 @VXK1 CBOE Volatility Index VIX SHORT 2 24.07 4/1 18:16 21.90 0.55%
Trade id #134823955
Max drawdown($1,350)
Time3/25/21 0:00
Quant open1
Worst price25.80
Drawdown as % of equity-0.55%
$4,334
Includes Typical Broker Commissions trade costs of $16.00

Statistics

  • Strategy began
    3/23/2021
  • Suggested Minimum Cap
    $250,000
  • Strategy Age (days)
    559.42
  • Age
    19 months ago
  • What it trades
    Options, Futures
  • # Trades
    17
  • # Profitable
    6
  • % Profitable
    35.30%
  • Avg trade duration
    14.7 days
  • Max peak-to-valley drawdown
    25.89%
  • drawdown period
    April 16, 2021 - May 19, 2021
  • Cumul. Return
    6.9%
  • Avg win
    $8,360
  • Avg loss
    $3,074
  • Model Account Values (Raw)
  • Cash
    $266,346
  • Margin Used
    $0
  • Buying Power
    $266,346
  • Ratios
  • W:L ratio
    1.48:1
  • Sharpe Ratio
    0.17
  • Sortino Ratio
    0.21
  • Calmar Ratio
    0.684
  • CORRELATION STATISTICS
  • Return of Strat Pcnt - Return of SP500 Pcnt (cumu)
    -0.55%
  • Correlation to SP500
    0.16120
  • Return Percent SP500 (cumu) during strategy life
    -3.68%
  • Return Statistics
  • Ann Return (w trading costs)
    38.3%
  • Slump
  • Current Slump as Pcnt Equity
    20.10%
  • Return Statistics
  • Return Pcnt (Compound or Annual, age-based, NFA compliant)
    0.069%
  • Instruments
  • Percent Trades Options
    0.34%
  • Percent Trades Futures
    0.66%
  • Slump
  • Current Slump, time of slump as pcnt of strategy life
    0.96%
  • Instruments
  • Percent Trades Stocks
    n/a
  • Short Options - Percent Covered
    100.00%
  • Percent Trades Forex
    n/a
  • Return Statistics
  • Ann Return (Compnd, No Fees)
    4.2%
  • Risk of Ruin (Monte-Carlo)
  • Chance of 10% account loss
    57.00%
  • Chance of 20% account loss
    15.00%
  • 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
    1.85%
  • Risk of Ruin (Monte-Carlo)
  • Chance of 50% account loss
    n/a
  • Popularity
  • Popularity (Today)
    623
  • Popularity (Last 6 weeks)
    909
  • Popularity (7 days, Percentile 1000 scale)
    533
  • Trading Style
  • Any stock shorts? 0/1
    1
  • Trades-Own-System Certification
  • Trades Own System?
    -
  • TOS percent
    n/a
  • Win / Loss
  • Avg Win
    $8,360
  • Avg Loss
    $3,074
  • Sum Trade PL (losers)
    $33,816.000
  • # Winners
    6
  • Num Months Winners
    2
  • Age
  • Num Months filled monthly returns table
    20
  • Win / Loss
  • Sum Trade PL (winners)
    $50,162.000
  • Dividends
  • Dividends Received in Model Acct
    0
  • Win / Loss
  • # Losers
    11
  • % Winners
    35.3%
  • Frequency
  • Avg Position Time (mins)
    21173.90
  • Avg Position Time (hrs)
    352.90
  • Avg Trade Length
    14.7 days
  • Last Trade Ago
    488
  • Leverage
  • Daily leverage (average)
    2.41
  • Daily leverage (max)
    3.38
  • Regression
  • Alpha
    0.01
  • Beta
    0.17
  • Treynor Index
    0.07
  • Maximum Adverse Excursion (MAE)
  • MAE:Equity, average, all trades
    0.03
  • MAE:Equity, losing trades only, 95th Percentile Value for this strat
    -
  • MAE:Equity, win trades only, 95th Percentile Value for this strat
    -
  • MAE:PL (avg, winning trades)
    -
  • MAE:PL - worst single value for strategy
    -
  • MAE:PL (avg, losing trades)
    -
  • MAE:PL (avg, all trades)
    -0.18
  • Avg(MAE) / Avg(PL) - All trades
    5.825
  • MAE:Equity, 95th Percentile Value for this strat
    0.00
  • MAE:Equity, average, winning trades
    0.02
  • MAE:Equity, average, losing trades
    0.03
  • Avg(MAE) / Avg(PL) - Winning trades
    0.740
  • Avg(MAE) / Avg(PL) - Losing trades
    -1.719
  • Hold-and-Hope Ratio
    0.172
  • Analysis based on DAILY values, full history
  • RATIO STATISTICS
  • Ratio statistics of excess return rates
  • Statistics related to linear regression on benchmark
  • a (intercept, estimate of alpha)
    0.18800
  • Analysis based on DAILY values, last 6 months only
  • Ratio statistics of excess log return rates
  • VAR (95 Confidence Intrvl)
    0.04000
  • DRAW DOWN STATISTICS
  • Risk estimates based on draw downs (based on Extreme Value T
  • assuming Pareto losses only (using partial moments from Sortino statistics)
  • Strat Max DD how much worse than SP500 max DD during strat life?
    -323658000
  • Max Equity Drawdown (num days)
    33
  • Last 4 Months - Pcnt Negative
    n/a

Strategy Description

PLEASE READ THE FULL DESCRIPTION!!!!!!!!

This strategy is based on the same principles behind my strategy Patience is a Virtue. For the sake of length, I will not discuss those principles here, but you can read about them on Patience is a Virtue’s description. This strategy will be more volatile than Patience is a Virtue because it will have more concentrated positions. At times 50% of the account can be used to short or long a single VX futures contract. For reference that is roughly 3.5 times more exposure to short VX contracts than Patience is a Virtue takes at this time. My point being that while this strategy has the same fundamental principles as Patience is a Virtue it is much more aggressive.
Roughly 95% or more of the strategy is allocated to futures trades. The remaining 5% can be allocated to purchasing options as hedges. These options will lose money nearly 90% of the time or more. However, I keep them in place to help protect myself from owing money to my broker should there be a catastrophic black swan. Of course, they can’t guarantee it, but they are great protection in my opinion.
The strategy will buy long positions in MNQ, MES, ZB, VX, MGC, and various other futures contracts. The strategy will also take short positions in VX. The overall leverage factor of the strategy should average around 3 or less with a max leverage use for the overall portfolio of about 4.

This strategy uses four layers of protection.
1. Limited position sizing to a max of about 50% of NLV with a max leverage for any trade of 3 and no more than 1 for VX trades.
2. Algorithmic exits to try to avoid losses.
3. Stop losses at 12% above or below close price for the instrument for leveraged positions and 36% for unleveraged positions. Those are huge stop losses, but remember these stops are the third layer of protection - not the primary or secondary. In theory the algorithm should exit long before they are needed. However, there is no guarantee the algorithm would exit in time making these stops crucial to have in place just in case.
4. Options provide coverage that the first three protections do not offer in the case of massive overnight gaps or liquidity crunches. If you turn off options trades, you are ignoring this fourth layer and relying on the first 3 only.

I do not intend to answer questions on the strategy or provide updates via broadcasts. Take it or leave it. Any strategy intentions or stated objectives are subject to change without notice. This is a risky strategy that could result in the loss of funds.

Summary Statistics

Strategy began
2021-03-23
Suggested Minimum Capital
$120,000
# Trades
17
# Profitable
6
% Profitable
35.3%
Correlation S&P500
0.161
Sharpe Ratio
0.17
Sortino Ratio
0.21
Beta
0.17
Alpha
0.01
Leverage
2.41 Average
3.38 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.

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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.