This system has earned TradesOwnStrategy (TOS) Certification.
This means that the manager of this system trades his own strategy
in a reallife, funded brokerage account.
TradesOwnStrategy (TOS) Certification Details
Certification process started
02/01/2017
Most recent certification approved
2/1/17 9:30 ET
Trades at broker
Interactive Brokers (Server 3)
Scaling percentage used
100%
# trading signals issued by system since certification
336
# trading signals executed in manager's Interactive Brokers (Server 3) account
328
Percent signals followed since 02/01/2017
97.6%
This information was last updated
7/22/18 17:40 ET
Warning: System trading results are still hypothetical.
Even though the system developer is currently trading his own system in a reallife 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 02/01/2017,
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 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.
You may be interested to learn more technical details about
how Collective2 calculates the hypothetical results you see on this web site.
R Option Mini
(109107515)
This system has earned TradesOwnStrategy (TOS) Certification. This means that the manager of this system trades his own strategy in a reallife, funded brokerage account.
TradesOwnStrategy (TOS) Certification Details  

Certification process started  02/01/2017 
Most recent certification approved  2/1/17 9:30 ET 
Trades at broker  Interactive Brokers (Server 3) 
Scaling percentage used  100% 
# trading signals issued by system since certification  336 
# trading signals executed in manager's Interactive Brokers (Server 3) account  328 
Percent signals followed since 02/01/2017  97.6% 
This information was last updated  7/22/18 17:40 ET 
Warning: System trading results are still hypothetical.
Even though the system developer is currently trading his own system in a reallife 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 02/01/2017, 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 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.
You may be interested to learn more technical details about how Collective2 calculates the hypothetical results you see on this web site.
Subscription terms. Subscriptions to this system cost $169.00 per month.
Directional Bets
Uses primarily options to make bets about the direction or magnitude of price movements in assets.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  

2017    +5.1%  +2.5%  +0.6%  +6.1%  (2.1%)  +12.0%  +2.0%  +0.2%  +2.4%  +1.0%  +1.3%  +34.9% 
2018  +3.0%  (20.8%)  (0.4%)  +2.4%  (0.3%)  (0.5%)  +1.7%  (16%) 
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  $73,166  
Cash  $1  
Equity  $1  
Cumulative $  $13,166  
Total System Equity  $73,166  
Margined  $1  
Open P/L  $0  
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 began1/29/2017

Suggested Minimum Cap$35,000

Strategy Age (days)539.15

Age18 months ago

What it tradesOptions

# Trades110

# Profitable90

% Profitable81.80%

Avg trade duration10.1 days

Max peaktovalley drawdown49.23%

drawdown periodJan 29, 2018  Feb 09, 2018

Annual Return (Compounded)8.7%

Avg win$461.13

Avg loss$1,416
 Model Account Values (Raw)

Cash$73,166

Margin Used$0

Buying Power$73,166
 Ratios

W:L ratio1.46:1

Sharpe Ratio0.491

Sortino Ratio0.628

Calmar Ratio0.358
 CORRELATION STATISTICS

Correlation to SP5000.25300
 Return Statistics

Ann Return (w trading costs)8.7%

Ann Return (Compnd, No Fees)14.3%
 Risk of Ruin (MonteCarlo)

Chance of 10% account loss66.00%

Chance of 20% account loss30.00%

Chance of 30% account loss10.50%

Chance of 40% account loss1.00%

Chance of 50% account lossn/a
 Popularity

Popularity (Today)0

Popularity (Last 6 weeks)809

C2 Score8.6
 TradesOwnSystem Certification

Trades Own System?183865

TOS percent100%
 Subscription Price

Billing Period (days)30

Trial Days7
 Win / Loss

Avg Loss$1,417

Avg Win$461

# Winners90

# Losers20

% Winners81.8%
 Frequency

Avg Position Time (mins)14597.80

Avg Position Time (hrs)243.30

Avg Trade Length10.1 days

Last Trade Ago10
 Analysis based on MONTHLY values, full history
 RATIO STATISTICS
 Ratio statistics of excess return rates
 Statistics related to Sharpe ratio

Mean0.12953

SD0.20735

Sharpe ratio (Glass type estimate)0.62471

Sharpe ratio (Hedges UMVUE)0.59488

df16.00000

t0.74355

p0.40862

Lowerbound of 95% confidence interval for Sharpe Ratio1.04544

Upperbound of 95% confidence interval for Sharpe Ratio2.27583

Lowerbound of 95% CI (Gibbons, Hedeker & Davis approximation1.06467

Upperbound of 95% CI (Gibbons, Hedeker & Davis approximation2.25443
 Statistics related to Sortino ratio

Sortino ratio0.83949

Upside Potential Ratio1.80083

Upside part of mean0.27786

Downside part of mean0.14833

Upside SD0.13437

Downside SD0.15430

N nonnegative terms13.00000

N negative terms4.00000
 Statistics related to linear regression on benchmark

N of observations17.00000

Mean of predictor0.10327

Mean of criterion0.12953

SD of predictor0.06464

SD of criterion0.20735

Covariance0.00568

r0.42410

b (slope, estimate of beta)1.36039

a (intercept, estimate of alpha)0.01096

Mean Square Error0.03761

DF error15.00000

t(b)1.81373

p(b)0.23834

t(a)0.06076

p(a)0.50999

Lowerbound of 95% confidence interval for beta0.23831

Upperbound of 95% confidence interval for beta2.95908

Lowerbound of 95% confidence interval for alpha0.39550

Upperbound of 95% confidence interval for alpha0.37358

Treynor index (mean / b)0.09522

Jensen alpha (a)0.01096
 Ratio statistics of excess log return rates
 Statistics related to Sharpe ratio

Mean0.10725

SD0.21705

Sharpe ratio (Glass type estimate)0.49412

Sharpe ratio (Hedges UMVUE)0.47053

df16.00000

t0.58812

p0.42727

Lowerbound of 95% confidence interval for Sharpe Ratio1.16886

Upperbound of 95% confidence interval for Sharpe Ratio2.14199

Lowerbound of 95% CI (Gibbons, Hedeker & Davis approximation1.18422

Upperbound of 95% CI (Gibbons, Hedeker & Davis approximation2.12528
 Statistics related to Sortino ratio

Sortino ratio0.63162

Upside Potential Ratio1.58266

Upside part of mean0.26874

Downside part of mean0.16149

Upside SD0.12832

Downside SD0.16980

N nonnegative terms13.00000

N negative terms4.00000
 Statistics related to linear regression on benchmark

N of observations17.00000

Mean of predictor0.10067

Mean of criterion0.10725

SD of predictor0.06396

SD of criterion0.21705

Covariance0.00582

r0.41939

b (slope, estimate of beta)1.42328

a (intercept, estimate of alpha)0.03603

Mean Square Error0.04141

DF error15.00000

t(b)1.78922

p(b)0.24106

t(a)0.19083

p(a)0.53132

Lowerbound of 95% confidence interval for beta0.27223

Upperbound of 95% confidence interval for beta3.11879

Lowerbound of 95% confidence interval for alpha0.43845

Upperbound of 95% confidence interval for alpha0.36640

Treynor index (mean / b)0.07536

Jensen alpha (a)0.03603
 Risk estimates for a oneperiod unit investment (parametric)
 assuming log normal returns and losses (using central moments from Sharpe statistics)

VaR(95%)0.08983

Expected Shortfall on VaR0.11311
 assuming Pareto losses only (using partial moments from Sortino statistics)

VaR(95%)0.01510

Expected Shortfall on VaR0.04024
 ORDER STATISTICS
 Quartiles of return rates

Number of observations17.00000

Minimum0.81961

Quartile 11.00269

Median1.01640

Quartile 31.02642

Maximum1.12433

Mean of quarter 10.96037

Mean of quarter 21.01093

Mean of quarter 31.02182

Mean of quarter 41.07255

Inter Quartile Range0.02373

Number outliers low1.00000

Percentage of outliers low0.05882

Mean of outliers low0.81961

Number of outliers high2.00000

Percentage of outliers high0.11765

Mean of outliers high1.09625
 Risk estimates for a oneperiod unit investment (based on Ex

Extreme Value Index (moments method)0.00000

VaR(95%) (moments method)0.00000

Expected Shortfall (moments method)0.00000

Extreme Value Index (regression method)2.27470

VaR(95%) (regression method)0.02432

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

Number of observations2.00000

Minimum0.01077

Quartile 10.05535

Median0.09993

Quartile 30.14452

Maximum0.18910

Mean of quarter 10.01077

Mean of quarter 20.00000

Mean of quarter 30.00000

Mean of quarter 40.18910

Inter Quartile Range0.08916

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)0.14896

Compounded annual return (geometric extrapolation)0.14472

Calmar ratio (compounded annual return / max draw down)0.76531

Compounded annual return / average of 25% largest draw downs0.76531

Compounded annual return / Expected Shortfall lognormal1.27938

0.00000

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

Mean0.17389

SD0.35375

Sharpe ratio (Glass type estimate)0.49156

Sharpe ratio (Hedges UMVUE)0.49059

df381.00000

t0.59355

p0.27658

Lowerbound of 95% confidence interval for Sharpe Ratio1.13229

Upperbound of 95% confidence interval for Sharpe Ratio2.11482

Lowerbound of 95% CI (Gibbons, Hedeker & Davis approximation1.13297

Upperbound of 95% CI (Gibbons, Hedeker & Davis approximation2.11414
 Statistics related to Sortino ratio

Sortino ratio0.62850

Upside Potential Ratio3.79365

Upside part of mean1.04960

Downside part of mean0.87571

Upside SD0.21995

Downside SD0.27667

N nonnegative terms178.00000

N negative terms204.00000
 Statistics related to linear regression on benchmark

N of observations382.00000

Mean of predictor0.11936

Mean of criterion0.17389

SD of predictor0.11074

SD of criterion0.35375

Covariance0.00986

r0.25174

b (slope, estimate of beta)0.80414

a (intercept, estimate of alpha)0.07800

Mean Square Error0.11752

DF error380.00000

t(b)5.07062

p(b)0.00000

t(a)0.27379

p(a)0.39220

Lowerbound of 95% confidence interval for beta0.49232

Upperbound of 95% confidence interval for beta1.11595

Lowerbound of 95% confidence interval for alpha0.48155

Upperbound of 95% confidence interval for alpha0.63736

Treynor index (mean / b)0.21624

Jensen alpha (a)0.07790
 Ratio statistics of excess log return rates
 Statistics related to Sharpe ratio

Mean0.10818

SD0.36812

Sharpe ratio (Glass type estimate)0.29386

Sharpe ratio (Hedges UMVUE)0.29328

df381.00000

t0.35483

p0.36146

Lowerbound of 95% confidence interval for Sharpe Ratio1.32962

Upperbound of 95% confidence interval for Sharpe Ratio1.91701

Lowerbound of 95% CI (Gibbons, Hedeker & Davis approximation1.33003

Upperbound of 95% CI (Gibbons, Hedeker & Davis approximation1.91660
 Statistics related to Sortino ratio

Sortino ratio0.35828

Upside Potential Ratio3.40059

Upside part of mean1.02678

Downside part of mean0.91860

Upside SD0.20985

Downside SD0.30194

N nonnegative terms178.00000

N negative terms204.00000
 Statistics related to linear regression on benchmark

N of observations382.00000

Mean of predictor0.11318

Mean of criterion0.10818

SD of predictor0.11119

SD of criterion0.36812

Covariance0.00995

r0.24304

b (slope, estimate of beta)0.80466

a (intercept, estimate of alpha)0.01711

Mean Square Error0.12785

DF error380.00000

t(b)4.88417

p(b)0.00000

t(a)0.05766

p(a)0.47702

Lowerbound of 95% confidence interval for beta0.48073

Upperbound of 95% confidence interval for beta1.12860

Lowerbound of 95% confidence interval for alpha0.56628

Upperbound of 95% confidence interval for alpha0.60050

Treynor index (mean / b)0.13444

Jensen alpha (a)0.01711
 Risk estimates for a oneperiod unit investment (parametric)
 assuming log normal returns and losses (using central moments from Sharpe statistics)

VaR(95%)0.03632

Expected Shortfall on VaR0.04540
 assuming Pareto losses only (using partial moments from Sortino statistics)

VaR(95%)0.00766

Expected Shortfall on VaR0.01809
 ORDER STATISTICS
 Quartiles of return rates

Number of observations382.00000

Minimum0.78963

Quartile 11.00000

Median1.00000

Quartile 31.00254

Maximum1.16687

Mean of quarter 10.98692

Mean of quarter 21.00000

Mean of quarter 31.00100

Mean of quarter 41.01516

Inter Quartile Range0.00254

Number outliers low42.00000

Percentage of outliers low0.10995

Mean of outliers low0.97129

Number of outliers high55.00000

Percentage of outliers high0.14398

Mean of outliers high1.02330
 Risk estimates for a oneperiod unit investment (based on Ex

Extreme Value Index (moments method)1.23110

VaR(95%) (moments method)0.00638

Expected Shortfall (moments method)0.00000

Extreme Value Index (regression method)0.62743

VaR(95%) (regression method)0.00854

Expected Shortfall (regression method)0.03271
 DRAW DOWN STATISTICS
 Quartiles of draw downs

Number of observations28.00000

Minimum0.00005

Quartile 10.00086

Median0.00354

Quartile 30.02193

Maximum0.40758

Mean of quarter 10.00015

Mean of quarter 20.00235

Mean of quarter 30.01084

Mean of quarter 40.10083

Inter Quartile Range0.02107

Number outliers low0.00000

Percentage of outliers low0.00000

Mean of outliers low0.00000

Number of outliers high2.00000

Percentage of outliers high0.07143

Mean of outliers high0.24173
 Risk estimates based on draw downs (based on Extreme Value T

Extreme Value Index (moments method)0.77281

VaR(95%) (moments method)0.10347

Expected Shortfall (moments method)0.46428

Extreme Value Index (regression method)1.47862

VaR(95%) (regression method)0.09036

Expected Shortfall (regression method)0.00000
 COMBINED STATISTICS

Annualized return (arithmetic extrapolation)0.15052

Compounded annual return (geometric extrapolation)0.14578

Calmar ratio (compounded annual return / max draw down)0.35767

Compounded annual return / average of 25% largest draw downs1.44573

Compounded annual return / Expected Shortfall lognormal3.21095

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

Mean0.20629

SD0.56263

Sharpe ratio (Glass type estimate)0.36666

Sharpe ratio (Hedges UMVUE)0.36454

df130.00000

t0.25927

p0.51137

Lowerbound of 95% confidence interval for Sharpe Ratio3.13822

Upperbound of 95% confidence interval for Sharpe Ratio2.40611

Lowerbound of 95% CI (Gibbons, Hedeker & Davis approximation3.13670

Upperbound of 95% CI (Gibbons, Hedeker & Davis approximation2.40762
 Statistics related to Sortino ratio

Sortino ratio0.45658

Upside Potential Ratio3.05053

Upside part of mean1.37829

Downside part of mean1.58458

Upside SD0.33189

Downside SD0.45182

N nonnegative terms32.00000

N negative terms99.00000
 Statistics related to linear regression on benchmark

N of observations131.00000

Mean of predictor0.01176

Mean of criterion0.20629

SD of predictor0.16401

SD of criterion0.56263

Covariance0.01735

r0.18801

b (slope, estimate of beta)0.64495

a (intercept, estimate of alpha)0.19871

Mean Square Error0.30773

DF error129.00000

t(b)2.17410

p(b)0.38102

t(a)0.25329

p(a)0.51419

Lowerbound of 95% confidence interval for beta0.05802

Upperbound of 95% confidence interval for beta1.23188

Lowerbound of 95% confidence interval for alpha1.75089

Upperbound of 95% confidence interval for alpha1.35348

Treynor index (mean / b)0.31986

Jensen alpha (a)0.19871
 Ratio statistics of excess log return rates
 Statistics related to Sharpe ratio

Mean0.37298

SD0.58892

Sharpe ratio (Glass type estimate)0.63333

Sharpe ratio (Hedges UMVUE)0.62967

df130.00000

t0.44783

p0.51962

Lowerbound of 95% confidence interval for Sharpe Ratio3.40500

Upperbound of 95% confidence interval for Sharpe Ratio2.14075

Lowerbound of 95% CI (Gibbons, Hedeker & Davis approximation3.40253

Upperbound of 95% CI (Gibbons, Hedeker & Davis approximation2.14319
 Statistics related to Sortino ratio

Sortino ratio0.75155

Upside Potential Ratio2.67404

Upside part of mean1.32707

Downside part of mean1.70004

Upside SD0.31371

Downside SD0.49628

N nonnegative terms32.00000

N negative terms99.00000
 Statistics related to linear regression on benchmark

N of observations131.00000

Mean of predictor0.02519

Mean of criterion0.37298

SD of predictor0.16484

SD of criterion0.58892

Covariance0.01750

r0.18027

b (slope, estimate of beta)0.64403

a (intercept, estimate of alpha)0.35675

Mean Square Error0.33815

DF error129.00000

t(b)2.08158

p(b)0.38586

t(a)0.43379

p(a)0.52429

Lowerbound of 95% confidence interval for beta0.03188

Upperbound of 95% confidence interval for beta1.25617

Lowerbound of 95% confidence interval for alpha1.98392

Upperbound of 95% confidence interval for alpha1.27041

Treynor index (mean / b)0.57913

Jensen alpha (a)0.35675
 Risk estimates for a oneperiod unit investment (parametric)
 assuming log normal returns and losses (using central moments from Sharpe statistics)

VaR(95%)0.05943

Expected Shortfall on VaR0.07354
 assuming Pareto losses only (using partial moments from Sortino statistics)

VaR(95%)0.01760

Expected Shortfall on VaR0.03959
 ORDER STATISTICS
 Quartiles of return rates

Number of observations131.00000

Minimum0.78963

Quartile 11.00000

Median1.00000

Quartile 31.00003

Maximum1.16687

Mean of quarter 10.97631

Mean of quarter 21.00000

Mean of quarter 31.00000

Mean of quarter 41.02099

Inter Quartile Range0.00003

Number outliers low25.00000

Percentage of outliers low0.19084

Mean of outliers low0.96873

Number of outliers high32.00000

Percentage of outliers high0.24427

Mean of outliers high1.02164
 Risk estimates for a oneperiod unit investment (based on Ex

Extreme Value Index (moments method)1.55952

VaR(95%) (moments method)0.00680

Expected Shortfall (moments method)0.00000

Extreme Value Index (regression method)1.12213

VaR(95%) (regression method)0.01394

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

Number of observations2.00000

Minimum0.00306

Quartile 10.10419

Median0.20532

Quartile 30.30645

Maximum0.40758

Mean of quarter 10.00306

Mean of quarter 20.00000

Mean of quarter 30.00000

Mean of quarter 40.40758

Inter Quartile Range0.20226

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)0.31694

Compounded annual return (geometric extrapolation)0.29183

Calmar ratio (compounded annual return / max draw down)0.71601

Compounded annual return / average of 25% largest draw downs0.71601

Compounded annual return / Expected Shortfall lognormal3.96848
Strategy Description
The Strategy is managed by Mario Randholm, CEO of Randholm & Co., an investment management company dedicated to managing capital for its clients and employees by adhering to mathematical and statistical methods.
This strategy is a similar to "R Option" designed to enjoy similar signal origination. Entries and exits may differ from "R Option" based on market conditions, leverage and margin requirements.
Commentary:
http://www.mariorandholm.com/2017/01/01/roption/
Description and Performance of R Option:
https://randbots.com/details/102125034
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.
Not available
This feature isn't available under your current Trade Leader Plan.
Strategy is now visible
This strategy is now visible to the public. New subscribers will be able to follow it.
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.