Foster Capital Growth
(111648302)
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.
Sector: Technology
Focuses primarily on stocks of technology companies.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  +4.7%  (8.7%)  +10.6%  +7.1%  +2.7%  +13.5%  +3.9%  +7.1%  +46.8%  
2018  +2.8%  (16%)  (2.1%)  (0.3%)  +2.5%  +3.3%  (2.7%)  +26.8%  +2.1%  (14.4%)  (5.6%)  (4.9%)  (13.4%) 
2019  +8.3%  +8.9%  (1.7%)  +8.7%  (7.8%)  (4.1%)  +4.5%  (5.3%)  (4%)  (1.7%)  +7.1%  +7.1%  +19.3% 
2020  +7.7%  +2.2%  (0.6%)  +8.4%  +17.5%  +10.5%  +11.9%  +13.8%  (14.1%)  +2.7%  +18.4%  +20.4%  +146.5% 
2021  +11.3%  +12.6%  (10.8%)  (11.1%)  (2.3%)  +8.6%  (1.6%)  (4.6%)  +1.1%  +0.1% 
Model Account Details
A trading strategy on Collective2. Follow it in your broker account, or use a free simulated trading account.
Advanced users may want to use this information to adjust their AutoTrade scaling, or merely to understand the magnitudes of the nearby chart.
Started  $50,000  
Buy Power  $161,354  
Cash  $139,441  
Equity  $21,913  
Cumulative $  $150,305  
Includes dividends and cashsettled expirations:  $8,728  Itemized 
Total System Equity  $200,305  
Margined  $0  
Open P/L  $21,913 
Trading Record
Statistics

Strategy began5/17/2017

Suggested Minimum Cap$15,000

Strategy Age (days)1585.18

Age53 months ago

What it tradesStocks

# Trades1501

# Profitable514

% Profitable34.20%

Avg trade duration19.9 days

Max peaktovalley drawdown42.66%

drawdown periodFeb 16, 2021  Aug 08, 2021

Annual Return (Compounded)35.4%

Avg win$1,025

Avg loss$400.30
 Model Account Values (Raw)

Cash$139,441

Margin Used$0

Buying Power$161,354
 Ratios

W:L ratio1.38:1

Sharpe Ratio0.93

Sortino Ratio1.33

Calmar Ratio1.072
 CORRELATION STATISTICS

Return of Strat Pcnt  Return of SP500 Pcnt (cumu)186.04%

Correlation to SP5000.22970

Return Percent SP500 (cumu) during strategy life88.08%
 Return Statistics

Ann Return (w trading costs)35.4%
 Slump

Current Slump as Pcnt Equity59.10%
 Instruments

Percent Trades Futures0.03%
 Slump

Current Slump, time of slump as pcnt of strategy life0.13%
 Instruments

Short Options  Percent Covered100.00%
 Return Statistics

Return Pcnt (Compound or Annual, agebased, NFA compliant)0.354%
 Instruments

Percent Trades Optionsn/a

Percent Trades Stocks0.97%

Percent Trades Forexn/a
 Return Statistics

Ann Return (Compnd, No Fees)37.6%
 Risk of Ruin (MonteCarlo)

Chance of 10% account loss50.00%

Chance of 20% account loss30.50%

Chance of 30% account loss11.00%

Chance of 40% account loss1.00%

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 Automated0.01%
 Risk of Ruin (MonteCarlo)

Chance of 50% account loss0.50%
 Popularity

Popularity (Today)0

Popularity (Last 6 weeks)749
 Trading Style

Any stock shorts? 0/11
 Popularity

C2 Score794

Popularity (7 days, Percentile 1000 scale)407
 Management

No Subs Allowed Flag (1: no subs)0

Strat abandoned?0
 TradesOwnSystem Certification

Trades Own System?

TOS percentn/a
 Win / Loss

Avg Loss$391

Avg Win$1,044

Sum Trade PL (losers)$385,678.000
 Age

Num Months filled monthly returns table53
 Win / Loss

Sum Trade PL (winners)$536,679.000

# Winners514

Num Months Winners32
 Dividends

Dividends Received in Model Acct8729
 Win / Loss

# Losers986

% Winners34.3%
 Frequency

Avg Position Time (mins)28715.70

Avg Position Time (hrs)478.60

Avg Trade Length19.9 days

Last Trade Ago11
 Leverage

Daily leverage (average)1.47

Daily leverage (max)5.32
 Regression

Alpha0.08

Beta0.34

Treynor Index0.27
 Maximum Adverse Excursion (MAE)

MAE:Equity, average, all trades0.00

MAE:PL  Winning Trades  this strat Percentile of All Strats65.12

MAE:PL  worst single value for strategy

MAE:PL  Losing Trades  this strat Percentile of All Strats31.51

MAE:PL (avg, winning trades)

MAE:PL (avg, losing trades)

MAE:PL (avg, all trades)0.51

MAE:Equity, average, winning trades0.00

MAE:Equity, average, losing trades0.00

Avg(MAE) / Avg(PL)  All trades10.714

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 trades0.202

Avg(MAE) / Avg(PL)  Losing trades1.140

HoldandHope Ratio0.085
 Analysis based on MONTHLY values, full history
 RATIO STATISTICS
 Ratio statistics of excess return rates
 Statistics related to Sharpe ratio

Mean0.36798

SD0.32290

Sharpe ratio (Glass type estimate)1.13960

Sharpe ratio (Hedges UMVUE)1.12168

df48.00000

t2.30282

p0.01283

Lowerbound of 95% confidence interval for Sharpe Ratio0.13778

Upperbound of 95% confidence interval for Sharpe Ratio2.13021

Lowerbound of 95% CI (Gibbons, Hedeker & Davis approximation0.12614

Upperbound of 95% CI (Gibbons, Hedeker & Davis approximation2.11723
 Statistics related to Sortino ratio

Sortino ratio2.24551

Upside Potential Ratio3.90868

Upside part of mean0.64053

Downside part of mean0.27255

Upside SD0.29422

Downside SD0.16387

N nonnegative terms30.00000

N negative terms19.00000
 Statistics related to linear regression on benchmark

N of observations49.00000

Mean of predictor0.15254

Mean of criterion0.36798

SD of predictor0.18734

SD of criterion0.32290

Covariance0.02236

r0.36967

b (slope, estimate of beta)0.63718

a (intercept, estimate of alpha)0.27079

Mean Square Error0.09193

DF error47.00000

t(b)2.72756

p(b)0.00447

t(a)1.75584

p(a)0.04282

Lowerbound of 95% confidence interval for beta0.16722

Upperbound of 95% confidence interval for beta1.10713

Lowerbound of 95% confidence interval for alpha0.03946

Upperbound of 95% confidence interval for alpha0.58104

Treynor index (mean / b)0.57751

Jensen alpha (a)0.27079
 Ratio statistics of excess log return rates
 Statistics related to Sharpe ratio

Mean0.31402

SD0.31175

Sharpe ratio (Glass type estimate)1.00731

Sharpe ratio (Hedges UMVUE)0.99147

df48.00000

t2.03549

p0.02367

Lowerbound of 95% confidence interval for Sharpe Ratio0.01177

Upperbound of 95% confidence interval for Sharpe Ratio1.99284

Lowerbound of 95% CI (Gibbons, Hedeker & Davis approximation0.00147

Upperbound of 95% CI (Gibbons, Hedeker & Davis approximation1.98147
 Statistics related to Sortino ratio

Sortino ratio1.79231

Upside Potential Ratio3.42789

Upside part of mean0.60059

Downside part of mean0.28657

Upside SD0.26967

Downside SD0.17521

N nonnegative terms30.00000

N negative terms19.00000
 Statistics related to linear regression on benchmark

N of observations49.00000

Mean of predictor0.13238

Mean of criterion0.31402

SD of predictor0.20259

SD of criterion0.31175

Covariance0.02281

r0.36122

b (slope, estimate of beta)0.55583

a (intercept, estimate of alpha)0.24044

Mean Square Error0.08630

DF error47.00000

t(b)2.65571

p(b)0.00539

t(a)1.62464

p(a)0.05546

Lowerbound of 95% confidence interval for beta0.13478

Upperbound of 95% confidence interval for beta0.97689

Lowerbound of 95% confidence interval for alpha0.05729

Upperbound of 95% confidence interval for alpha0.53817

Treynor index (mean / b)0.56496

Jensen alpha (a)0.24044
 Risk estimates for a oneperiod unit investment (parametric)
 assuming log normal returns and losses (using central moments from Sharpe statistics)

VaR(95%)0.11472

Expected Shortfall on VaR0.14693
 assuming Pareto losses only (using partial moments from Sortino statistics)

VaR(95%)0.04421

Expected Shortfall on VaR0.09074
 ORDER STATISTICS
 Quartiles of return rates

Number of observations49.00000

Minimum0.80836

Quartile 10.96317

Median1.03999

Quartile 31.08479

Maximum1.32178

Mean of quarter 10.92257

Mean of quarter 21.00823

Mean of quarter 31.06331

Mean of quarter 41.14708

Inter Quartile Range0.12162

Number outliers low0.00000

Percentage of outliers low0.00000

Mean of outliers low0.00000

Number of outliers high1.00000

Percentage of outliers high0.02041

Mean of outliers high1.32178
 Risk estimates for a oneperiod unit investment (based on Ex

Extreme Value Index (moments method)0.28611

VaR(95%) (moments method)0.08542

Expected Shortfall (moments method)0.13873

Extreme Value Index (regression method)0.29592

VaR(95%) (regression method)0.08927

Expected Shortfall (regression method)0.14637
 DRAW DOWN STATISTICS
 Quartiles of draw downs

Number of observations6.00000

Minimum0.00411

Quartile 10.04630

Median0.12860

Quartile 30.20696

Maximum0.21464

Mean of quarter 10.02283

Mean of quarter 20.06053

Mean of quarter 30.19667

Mean of quarter 40.21251

Inter Quartile Range0.16066

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)0.74447

Compounded annual return (geometric extrapolation)0.40766

Calmar ratio (compounded annual return / max draw down)1.89932

Compounded annual return / average of 25% largest draw downs1.91831

Compounded annual return / Expected Shortfall lognormal2.77458

0.00000

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

Mean0.35098

SD0.28682

Sharpe ratio (Glass type estimate)1.22370

Sharpe ratio (Hedges UMVUE)1.22285

df1078.00000

t2.48334

p0.46229

Lowerbound of 95% confidence interval for Sharpe Ratio0.25626

Upperbound of 95% confidence interval for Sharpe Ratio2.19062

Lowerbound of 95% CI (Gibbons, Hedeker & Davis approximation0.25567

Upperbound of 95% CI (Gibbons, Hedeker & Davis approximation2.19003
 Statistics related to Sortino ratio

Sortino ratio1.75575

Upside Potential Ratio8.78690

Upside part of mean1.75654

Downside part of mean1.40556

Upside SD0.20663

Downside SD0.19990

N nonnegative terms561.00000

N negative terms518.00000
 Statistics related to linear regression on benchmark

N of observations1079.00000

Mean of predictor0.14678

Mean of criterion0.35098

SD of predictor0.20559

SD of criterion0.28682

Covariance0.01384

r0.23464

b (slope, estimate of beta)0.32736

a (intercept, estimate of alpha)0.30300

Mean Square Error0.07781

DF error1077.00000

t(b)7.92164

p(b)0.35200

t(a)2.20175

p(a)0.45742

Lowerbound of 95% confidence interval for beta0.24627

Upperbound of 95% confidence interval for beta0.40845

Lowerbound of 95% confidence interval for alpha0.03296

Upperbound of 95% confidence interval for alpha0.57290

Treynor index (mean / b)1.07216

Jensen alpha (a)0.30293
 Ratio statistics of excess log return rates
 Statistics related to Sharpe ratio

Mean0.30957

SD0.28727

Sharpe ratio (Glass type estimate)1.07763

Sharpe ratio (Hedges UMVUE)1.07688

df1078.00000

t2.18690

p0.46677

Lowerbound of 95% confidence interval for Sharpe Ratio0.11052

Upperbound of 95% confidence interval for Sharpe Ratio2.04427

Lowerbound of 95% CI (Gibbons, Hedeker & Davis approximation0.11001

Upperbound of 95% CI (Gibbons, Hedeker & Davis approximation2.04375
 Statistics related to Sortino ratio

Sortino ratio1.51743

Upside Potential Ratio8.50689

Upside part of mean1.73551

Downside part of mean1.42594

Upside SD0.20296

Downside SD0.20401

N nonnegative terms561.00000

N negative terms518.00000
 Statistics related to linear regression on benchmark

N of observations1079.00000

Mean of predictor0.12547

Mean of criterion0.30957

SD of predictor0.20673

SD of criterion0.28727

Covariance0.01398

r0.23541

b (slope, estimate of beta)0.32712

a (intercept, estimate of alpha)0.26853

Mean Square Error0.07803

DF error1077.00000

t(b)7.94912

p(b)0.35153

t(a)1.94952

p(a)0.46227

Lowerbound of 95% confidence interval for beta0.24638

Upperbound of 95% confidence interval for beta0.40787

Lowerbound of 95% confidence interval for alpha0.00174

Upperbound of 95% confidence interval for alpha0.53880

Treynor index (mean / b)0.94635

Jensen alpha (a)0.26853
 Risk estimates for a oneperiod unit investment (parametric)
 assuming log normal returns and losses (using central moments from Sharpe statistics)

VaR(95%)0.02762

Expected Shortfall on VaR0.03479
 assuming Pareto losses only (using partial moments from Sortino statistics)

VaR(95%)0.01191

Expected Shortfall on VaR0.02469
 ORDER STATISTICS
 Quartiles of return rates

Number of observations1079.00000

Minimum0.90963

Quartile 10.99504

Median1.00036

Quartile 31.01072

Maximum1.09021

Mean of quarter 10.97993

Mean of quarter 20.99886

Mean of quarter 31.00499

Mean of quarter 41.02203

Inter Quartile Range0.01568

Number outliers low62.00000

Percentage of outliers low0.05746

Mean of outliers low0.95874

Number of outliers high29.00000

Percentage of outliers high0.02688

Mean of outliers high1.04869
 Risk estimates for a oneperiod unit investment (based on Ex

Extreme Value Index (moments method)0.13348

VaR(95%) (moments method)0.01546

Expected Shortfall (moments method)0.02382

Extreme Value Index (regression method)0.01727

VaR(95%) (regression method)0.01912

Expected Shortfall (regression method)0.02763
 DRAW DOWN STATISTICS
 Quartiles of draw downs

Number of observations43.00000

Minimum0.00043

Quartile 10.00869

Median0.03044

Quartile 30.07985

Maximum0.37446

Mean of quarter 10.00330

Mean of quarter 20.02216

Mean of quarter 30.05317

Mean of quarter 40.16162

Inter Quartile Range0.07116

Number outliers low0.00000

Percentage of outliers low0.00000

Mean of outliers low0.00000

Number of outliers high4.00000

Percentage of outliers high0.09302

Mean of outliers high0.26500
 Risk estimates based on draw downs (based on Extreme Value T

Extreme Value Index (moments method)0.43391

VaR(95%) (moments method)0.18926

Expected Shortfall (moments method)0.35124

Extreme Value Index (regression method)0.48468

VaR(95%) (regression method)0.15683

Expected Shortfall (regression method)0.27912
 COMBINED STATISTICS

Annualized return (arithmetic extrapolation)0.73192

Compounded annual return (geometric extrapolation)0.40141

Calmar ratio (compounded annual return / max draw down)1.07198

Compounded annual return / average of 25% largest draw downs2.48364

Compounded annual return / Expected Shortfall lognormal11.53950

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

Mean0.40725

SD0.24551

Sharpe ratio (Glass type estimate)1.65878

Sharpe ratio (Hedges UMVUE)1.64919

df130.00000

t1.17294

p0.55117

Lowerbound of 95% confidence interval for Sharpe Ratio4.43477

Upperbound of 95% confidence interval for Sharpe Ratio1.12349

Lowerbound of 95% CI (Gibbons, Hedeker & Davis approximation4.42824

Upperbound of 95% CI (Gibbons, Hedeker & Davis approximation1.12985
 Statistics related to Sortino ratio

Sortino ratio2.06090

Upside Potential Ratio5.32820

Upside part of mean1.05289

Downside part of mean1.46014

Upside SD0.14629

Downside SD0.19761

N nonnegative terms53.00000

N negative terms78.00000
 Statistics related to linear regression on benchmark

N of observations131.00000

Mean of predictor0.21412

Mean of criterion0.40725

SD of predictor0.10810

SD of criterion0.24551

Covariance0.00392

r0.14776

b (slope, estimate of beta)0.33559

a (intercept, estimate of alpha)0.47911

Mean Square Error0.05942

DF error129.00000

t(b)1.69689

p(b)0.40627

t(a)1.37946

p(a)0.57657

Lowerbound of 95% confidence interval for beta0.05570

Upperbound of 95% confidence interval for beta0.72688

Lowerbound of 95% confidence interval for alpha1.16627

Upperbound of 95% confidence interval for alpha0.20806

Treynor index (mean / b)1.21353

Jensen alpha (a)0.47911
 Ratio statistics of excess log return rates
 Statistics related to Sharpe ratio

Mean0.43769

SD0.24694

Sharpe ratio (Glass type estimate)1.77248

Sharpe ratio (Hedges UMVUE)1.76223

df130.00000

t1.25333

p0.55463

Lowerbound of 95% confidence interval for Sharpe Ratio4.54926

Upperbound of 95% confidence interval for Sharpe Ratio1.01096

Lowerbound of 95% CI (Gibbons, Hedeker & Davis approximation4.54230

Upperbound of 95% CI (Gibbons, Hedeker & Davis approximation1.01784
 Statistics related to Sortino ratio

Sortino ratio2.17764

Upside Potential Ratio5.18561

Upside part of mean1.04227

Downside part of mean1.47995

Upside SD0.14438

Downside SD0.20099

N nonnegative terms53.00000

N negative terms78.00000
 Statistics related to linear regression on benchmark

N of observations131.00000

Mean of predictor0.20822

Mean of criterion0.43769

SD of predictor0.10808

SD of criterion0.24694

Covariance0.00392

r0.14700

b (slope, estimate of beta)0.33585

a (intercept, estimate of alpha)0.50762

Mean Square Error0.06012

DF error129.00000

t(b)1.68793

p(b)0.40675

t(a)1.45354

p(a)0.58060

VAR (95 Confidence Intrvl)0.02800

Lowerbound of 95% confidence interval for beta0.05782

Upperbound of 95% confidence interval for beta0.72951

Lowerbound of 95% confidence interval for alpha1.19858

Upperbound of 95% confidence interval for alpha0.18334

Treynor index (mean / b)1.30325

Jensen alpha (a)0.50762
 Risk estimates for a oneperiod unit investment (parametric)
 assuming log normal returns and losses (using central moments from Sharpe statistics)

VaR(95%)0.02641

Expected Shortfall on VaR0.03258
 assuming Pareto losses only (using partial moments from Sortino statistics)

VaR(95%)0.01424

Expected Shortfall on VaR0.02813
 ORDER STATISTICS
 Quartiles of return rates

Number of observations131.00000

Minimum0.95494

Quartile 10.99543

Median0.99986

Quartile 31.00395

Maximum1.04011

Mean of quarter 10.97968

Mean of quarter 20.99846

Mean of quarter 31.00095

Mean of quarter 41.01519

Inter Quartile Range0.00852

Number outliers low17.00000

Percentage of outliers low0.12977

Mean of outliers low0.96879

Number of outliers high11.00000

Percentage of outliers high0.08397

Mean of outliers high1.02721
 Risk estimates for a oneperiod unit investment (based on Ex

Extreme Value Index (moments method)0.31990

VaR(95%) (moments method)0.01729

Expected Shortfall (moments method)0.03184

Extreme Value Index (regression method)0.30979

VaR(95%) (regression method)0.01734

Expected Shortfall (regression method)0.02186
 DRAW DOWN STATISTICS
 Quartiles of draw downs

Number of observations1.00000

Minimum0.24460

Quartile 10.24460

Median0.24460

Quartile 30.24460

Maximum0.24460

Mean of quarter 10.00000

Mean of quarter 20.00000

Mean of quarter 30.00000

Mean of quarter 40.00000

Inter Quartile Range0.00000

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

Last 4 Months  Pcnt Negative0.50%

Expected Shortfall (regression method)0.00000

Strat Max DD how much worse than SP500 max DD during strat life?325509000

Max Equity Drawdown (num days)173
 COMBINED STATISTICS

Annualized return (arithmetic extrapolation)0.37053

Compounded annual return (geometric extrapolation)0.33620

Calmar ratio (compounded annual return / max draw down)1.37453

Compounded annual return / average of 25% largest draw downs0.00000

Compounded annual return / Expected Shortfall lognormal10.31930
Strategy Description
• We trade only the very best growth stocks. Our focus is on quality.
• We look for leading companies in leading industries, the true market leaders. Each company is researched in depth before its stock is purchased.
• Our positions are typically held for 4 to 12 weeks. For the truly great stocks with big institutional demand, we'll hold for even bigger gains.
• Our proprietary position sizing strategy is a core element of our growth fund.
• Each stock is purchased at a carefully selected buy point to maximize profitability.
• We have strict sell rules which ensure losses on every trade are capped and profits are taken off the table when a stock comes under selling pressure. Losses are capped to a maximum of the predefined stoploss, 1% of account equity.
http://www.fostercapital.co.uk/
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.
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.