EUROPEAN STOCK BASKET
(131967341)
Subscription terms. Subscriptions to this system cost $250.00 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.
Financials / Indexes
Focuses on market indexes or interest rates futures.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 markedtomarket equity calculations.
All results are hypothetical.
Jan  Feb  Mar  Apr  May  Jun  Jul  Aug  Sep  Oct  Nov  Dec  YTD  

2020  +2.3%  +67.8%  +5.0%  +80.3%  
2021  (4.6%)  +10.4%  +19.1%  +3.5%  +5.4%  +3.3%  +17.8%  +7.4%  +4.8%  +87.3% 
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  $25,000  
Buy Power  $81,993  
Cash  $90,438  
Equity  ($2,266)  
Cumulative $  $63,171  
Total System Equity  $88,171  
Margined  $6,178  
Open P/L  ($2,266) 
Trading Record
Statistics

Strategy began10/29/2020

Suggested Minimum Cap$80,000

Strategy Age (days)324.33

Age11 months ago

What it tradesFutures

# Trades89

# Profitable63

% Profitable70.80%

Avg trade duration5.8 days

Max peaktovalley drawdown24.35%

drawdown periodJune 22, 2021  July 13, 2021

Cumul. Return237.7%

Avg win$1,401

Avg loss$966.42
 Model Account Values (Raw)

Cash$90,438

Margin Used$6,178

Buying Power$81,993
 Ratios

W:L ratio3.51:1

Sharpe Ratio3.2

Sortino Ratio7.13

Calmar Ratio17.508
 CORRELATION STATISTICS

Return of Strat Pcnt  Return of SP500 Pcnt (cumu)203.82%

Correlation to SP5000.24470

Return Percent SP500 (cumu) during strategy life33.92%
 Return Statistics

Ann Return (w trading costs)288.0%
 Slump

Current Slump as Pcnt Equity3.80%
 Instruments

Percent Trades Futures0.98%
 Slump

Current Slump, time of slump as pcnt of strategy life0.02%
 Instruments

Short Options  Percent Covered100.00%
 Return Statistics

Return Pcnt (Compound or Annual, agebased, NFA compliant)2.377%
 Instruments

Percent Trades Optionsn/a

Percent Trades Stocksn/a

Percent Trades Forex0.02%
 Return Statistics

Ann Return (Compnd, No Fees)311.3%
 Risk of Ruin (MonteCarlo)

Chance of 10% account loss11.50%

Chance of 20% account lossn/a

Chance of 30% account lossn/a

Chance of 40% account lossn/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 Automatedn/a
 Risk of Ruin (MonteCarlo)

Chance of 50% account lossn/a
 Popularity

Popularity (Today)984

Popularity (Last 6 weeks)997
 Trading Style

Any stock shorts? 0/10
 Popularity

C2 Score997

Popularity (7 days, Percentile 1000 scale)995
 Management

No Subs Allowed Flag (1: no subs)0

Strat abandoned?0
 TradesOwnSystem Certification

Trades Own System?

TOS percentn/a
 Win / Loss

Avg Loss$966

Avg Win$1,402

Sum Trade PL (losers)$25,127.000
 AUM

AUM (AutoTrader num accounts)41
 Age

Num Months filled monthly returns table12
 Win / Loss

Sum Trade PL (winners)$88,298.000

# Winners63

Num Months Winners11
 Dividends

Dividends Received in Model Acct0
 AUM

AUM (AutoTrader live capital)5017850
 Win / Loss

# Losers26

% Winners70.8%
 Frequency

Avg Position Time (mins)8324.80

Avg Position Time (hrs)138.75

Avg Trade Length5.8 days

Last Trade Ago1
 Leverage

Daily leverage (average)3.33

Daily leverage (max)12.72
 Regression

Alpha0.33

Beta0.72

Treynor Index0.55
 Maximum Adverse Excursion (MAE)

MAE:Equity, average, all trades0.02

MAE:PL  worst single value for strategy

MAE:PL (avg, winning trades)

MAE:PL (avg, losing trades)

MAE:PL (avg, all trades)1.35

MAE:Equity, average, winning trades0.02

MAE:Equity, average, losing trades0.03

Avg(MAE) / Avg(PL)  All trades1.875

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 strat0.01

Avg(MAE) / Avg(PL)  Winning trades0.787

Avg(MAE) / Avg(PL)  Losing trades1.447

HoldandHope Ratio0.534
 Analysis based on MONTHLY values, full history
 RATIO STATISTICS
 Ratio statistics of excess return rates
 Statistics related to Sharpe ratio

Mean1.74122

SD0.82207

Sharpe ratio (Glass type estimate)2.11809

Sharpe ratio (Hedges UMVUE)1.93567

df9.00000

t1.93355

p0.04259

Lowerbound of 95% confidence interval for Sharpe Ratio0.28341

Upperbound of 95% confidence interval for Sharpe Ratio4.42359

Lowerbound of 95% CI (Gibbons, Hedeker & Davis approximation0.39013

Upperbound of 95% CI (Gibbons, Hedeker & Davis approximation4.26148
 Statistics related to Sortino ratio

Sortino ratio25.19880

Upside Potential Ratio26.31370

Upside part of mean1.81826

Downside part of mean0.07704

Upside SD0.92526

Downside SD0.06910

N nonnegative terms8.00000

N negative terms2.00000
 Statistics related to linear regression on benchmark

N of observations10.00000

Mean of predictor0.36026

Mean of criterion1.74122

SD of predictor0.09467

SD of criterion0.82207

Covariance0.04822

r0.61964

b (slope, estimate of beta)5.38045

a (intercept, estimate of alpha)0.19714

Mean Square Error0.46837

DF error8.00000

t(b)2.23292

p(b)0.02802

t(a)0.17187

p(a)0.56610

Lowerbound of 95% confidence interval for beta0.17612

Upperbound of 95% confidence interval for beta10.93700

Lowerbound of 95% confidence interval for alpha2.84214

Upperbound of 95% confidence interval for alpha2.44786

Treynor index (mean / b)0.32362

Jensen alpha (a)0.19714
 Ratio statistics of excess log return rates
 Statistics related to Sharpe ratio

Mean1.43095

SD0.62304

Sharpe ratio (Glass type estimate)2.29671

Sharpe ratio (Hedges UMVUE)2.09891

df9.00000

t2.09660

p0.03274

Lowerbound of 95% confidence interval for Sharpe Ratio0.14176

Upperbound of 95% confidence interval for Sharpe Ratio4.63415

Lowerbound of 95% CI (Gibbons, Hedeker & Davis approximation0.25692

Upperbound of 95% CI (Gibbons, Hedeker & Davis approximation4.45473
 Statistics related to Sortino ratio

Sortino ratio20.09690

Upside Potential Ratio21.21120

Upside part of mean1.51029

Downside part of mean0.07934

Upside SD0.71759

Downside SD0.07120

N nonnegative terms8.00000

N negative terms2.00000
 Statistics related to linear regression on benchmark

N of observations10.00000

Mean of predictor0.35042

Mean of criterion1.43095

SD of predictor0.09062

SD of criterion0.62304

Covariance0.03166

r0.56073

b (slope, estimate of beta)3.85508

a (intercept, estimate of alpha)0.08005

Mean Square Error0.29940

DF error8.00000

t(b)1.91544

p(b)0.04588

t(a)0.08648

p(a)0.46660

Lowerbound of 95% confidence interval for beta0.78607

Upperbound of 95% confidence interval for beta8.49623

Lowerbound of 95% confidence interval for alpha2.05433

Upperbound of 95% confidence interval for alpha2.21442

Treynor index (mean / b)0.37119

Jensen alpha (a)0.08005
 Risk estimates for a oneperiod unit investment (parametric)
 assuming log normal returns and losses (using central moments from Sharpe statistics)

VaR(95%)0.16188

Expected Shortfall on VaR0.22088
 assuming Pareto losses only (using partial moments from Sortino statistics)

VaR(95%)0.00685

Expected Shortfall on VaR0.01870
 ORDER STATISTICS
 Quartiles of return rates

Number of observations10.00000

Minimum0.93926

Quartile 11.03401

Median1.06441

Quartile 31.12933

Maximum1.75672

Mean of quarter 10.99115

Mean of quarter 21.04679

Mean of quarter 31.09812

Mean of quarter 41.40368

Inter Quartile Range0.09531

Number outliers low0.00000

Percentage of outliers low0.00000

Mean of outliers low0.00000

Number of outliers high2.00000

Percentage of outliers high0.20000

Mean of outliers high1.53995
 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)0.00000

VaR(95%) (regression method)0.00000

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

Number of observations1.00000

Minimum0.06074

Quartile 10.06074

Median0.06074

Quartile 30.06074

Maximum0.06074

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

Expected Shortfall (regression method)0.00000
 COMBINED STATISTICS

Annualized return (arithmetic extrapolation)2.84724

Compounded annual return (geometric extrapolation)3.30104

Calmar ratio (compounded annual return / max draw down)54.34670

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

Compounded annual return / Expected Shortfall lognormal14.94520

0.00000

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

Mean1.50537

SD0.38507

Sharpe ratio (Glass type estimate)3.90936

Sharpe ratio (Hedges UMVUE)3.89648

df228.00000

t3.65487

p0.00016

Lowerbound of 95% confidence interval for Sharpe Ratio1.77831

Upperbound of 95% confidence interval for Sharpe Ratio6.03207

Lowerbound of 95% CI (Gibbons, Hedeker & Davis approximation1.76976

Upperbound of 95% CI (Gibbons, Hedeker & Davis approximation6.02320
 Statistics related to Sortino ratio

Sortino ratio9.40475

Upside Potential Ratio16.53700

Upside part of mean2.64699

Downside part of mean1.14162

Upside SD0.36147

Downside SD0.16007

N nonnegative terms135.00000

N negative terms94.00000
 Statistics related to linear regression on benchmark

N of observations229.00000

Mean of predictor0.31459

Mean of criterion1.50537

SD of predictor0.12758

SD of criterion0.38507

Covariance0.01009

r0.20537

b (slope, estimate of beta)0.61985

a (intercept, estimate of alpha)1.31000

Mean Square Error0.14265

DF error227.00000

t(b)3.16164

p(b)0.00089

t(a)3.20644

p(a)0.00077

Lowerbound of 95% confidence interval for beta0.23353

Upperbound of 95% confidence interval for beta1.00617

Lowerbound of 95% confidence interval for alpha0.50510

Upperbound of 95% confidence interval for alpha2.11564

Treynor index (mean / b)2.42860

Jensen alpha (a)1.31037
 Ratio statistics of excess log return rates
 Statistics related to Sharpe ratio

Mean1.43028

SD0.37369

Sharpe ratio (Glass type estimate)3.82744

Sharpe ratio (Hedges UMVUE)3.81483

df228.00000

t3.57828

p0.00021

Lowerbound of 95% confidence interval for Sharpe Ratio1.69778

Upperbound of 95% confidence interval for Sharpe Ratio5.94904

Lowerbound of 95% CI (Gibbons, Hedeker & Davis approximation1.68936

Upperbound of 95% CI (Gibbons, Hedeker & Davis approximation5.94030
 Statistics related to Sortino ratio

Sortino ratio8.78793

Upside Potential Ratio15.88200

Upside part of mean2.58488

Downside part of mean1.15460

Upside SD0.34692

Downside SD0.16276

N nonnegative terms135.00000

N negative terms94.00000
 Statistics related to linear regression on benchmark

N of observations229.00000

Mean of predictor0.30628

Mean of criterion1.43028

SD of predictor0.12751

SD of criterion0.37369

Covariance0.00971

r0.20388

b (slope, estimate of beta)0.59751

a (intercept, estimate of alpha)1.24727

Mean Square Error0.13443

DF error227.00000

t(b)3.13763

p(b)0.00096

t(a)3.14579

p(a)0.00094

Lowerbound of 95% confidence interval for beta0.22227

Upperbound of 95% confidence interval for beta0.97276

Lowerbound of 95% confidence interval for alpha0.46600

Upperbound of 95% confidence interval for alpha2.02854

Treynor index (mean / b)2.39373

Jensen alpha (a)1.24727
 Risk estimates for a oneperiod unit investment (parametric)
 assuming log normal returns and losses (using central moments from Sharpe statistics)

VaR(95%)0.03199

Expected Shortfall on VaR0.04125
 assuming Pareto losses only (using partial moments from Sortino statistics)

VaR(95%)0.00871

Expected Shortfall on VaR0.01840
 ORDER STATISTICS
 Quartiles of return rates

Number of observations229.00000

Minimum0.94892

Quartile 10.99506

Median1.00274

Quartile 31.01160

Maximum1.14512

Mean of quarter 10.98444

Mean of quarter 20.99903

Mean of quarter 31.00692

Mean of quarter 41.03340

Inter Quartile Range0.01654

Number outliers low7.00000

Percentage of outliers low0.03057

Mean of outliers low0.95855

Number of outliers high13.00000

Percentage of outliers high0.05677

Mean of outliers high1.07726
 Risk estimates for a oneperiod unit investment (based on Ex

Extreme Value Index (moments method)0.32613

VaR(95%) (moments method)0.01475

Expected Shortfall (moments method)0.02641

Extreme Value Index (regression method)0.06483

VaR(95%) (regression method)0.01379

Expected Shortfall (regression method)0.01996
 DRAW DOWN STATISTICS
 Quartiles of draw downs

Number of observations20.00000

Minimum0.00107

Quartile 10.00843

Median0.02134

Quartile 30.05422

Maximum0.18837

Mean of quarter 10.00242

Mean of quarter 20.01357

Mean of quarter 30.03453

Mean of quarter 40.09841

Inter Quartile Range0.04579

Number outliers low0.00000

Percentage of outliers low0.00000

Mean of outliers low0.00000

Number of outliers high1.00000

Percentage of outliers high0.05000

Mean of outliers high0.18837
 Risk estimates based on draw downs (based on Extreme Value T

Extreme Value Index (moments method)0.34259

VaR(95%) (moments method)0.11266

Expected Shortfall (moments method)0.17887

Extreme Value Index (regression method)1.24934

VaR(95%) (regression method)0.11950

Expected Shortfall (regression method)0.00000
 COMBINED STATISTICS

Annualized return (arithmetic extrapolation)2.94834

Compounded annual return (geometric extrapolation)3.29815

Calmar ratio (compounded annual return / max draw down)17.50850

Compounded annual return / average of 25% largest draw downs33.51510

Compounded annual return / Expected Shortfall lognormal79.95410

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

Mean0.95020

SD0.31327

Sharpe ratio (Glass type estimate)3.03312

Sharpe ratio (Hedges UMVUE)3.01559

df130.00000

t2.14474

p0.40757

Lowerbound of 95% confidence interval for Sharpe Ratio0.23130

Upperbound of 95% confidence interval for Sharpe Ratio5.82362

Lowerbound of 95% CI (Gibbons, Hedeker & Davis approximation0.21965

Upperbound of 95% CI (Gibbons, Hedeker & Davis approximation5.81153
 Statistics related to Sortino ratio

Sortino ratio5.60895

Upside Potential Ratio12.67450

Upside part of mean2.14714

Downside part of mean1.19695

Upside SD0.26859

Downside SD0.16941

N nonnegative terms77.00000

N negative terms54.00000
 Statistics related to linear regression on benchmark

N of observations131.00000

Mean of predictor0.22602

Mean of criterion0.95020

SD of predictor0.10557

SD of criterion0.31327

Covariance0.00392

r0.11839

b (slope, estimate of beta)0.35133

a (intercept, estimate of alpha)1.02960

Mean Square Error0.09751

DF error129.00000

t(b)1.35419

p(b)0.57519

t(a)2.31113

p(a)0.37391

Lowerbound of 95% confidence interval for beta0.86463

Upperbound of 95% confidence interval for beta0.16198

Lowerbound of 95% confidence interval for alpha0.14818

Upperbound of 95% confidence interval for alpha1.91103

Treynor index (mean / b)2.70459

Jensen alpha (a)1.02960
 Ratio statistics of excess log return rates
 Statistics related to Sharpe ratio

Mean0.90084

SD0.30833

Sharpe ratio (Glass type estimate)2.92166

Sharpe ratio (Hedges UMVUE)2.90477

df130.00000

t2.06592

p0.41086

Lowerbound of 95% confidence interval for Sharpe Ratio0.12172

Upperbound of 95% confidence interval for Sharpe Ratio5.71065

Lowerbound of 95% CI (Gibbons, Hedeker & Davis approximation0.11057

Upperbound of 95% CI (Gibbons, Hedeker & Davis approximation5.69897
 Statistics related to Sortino ratio

Sortino ratio5.22545

Upside Potential Ratio12.25300

Upside part of mean2.11234

Downside part of mean1.21151

Upside SD0.26023

Downside SD0.17239

N nonnegative terms77.00000

N negative terms54.00000
 Statistics related to linear regression on benchmark

N of observations131.00000

Mean of predictor0.22038

Mean of criterion0.90084

SD of predictor0.10552

SD of criterion0.30833

Covariance0.00380

r0.11673

b (slope, estimate of beta)0.34107

a (intercept, estimate of alpha)0.97600

Mean Square Error0.09450

DF error129.00000

t(b)1.33491

p(b)0.57414

t(a)2.22643

p(a)0.37830

VAR (95 Confidence Intrvl)0.03200

Lowerbound of 95% confidence interval for beta0.84659

Upperbound of 95% confidence interval for beta0.16444

Lowerbound of 95% confidence interval for alpha0.10867

Upperbound of 95% confidence interval for alpha1.84333

Treynor index (mean / b)2.64120

Jensen alpha (a)0.97600
 Risk estimates for a oneperiod unit investment (parametric)
 assuming log normal returns and losses (using central moments from Sharpe statistics)

VaR(95%)0.02751

Expected Shortfall on VaR0.03519
 assuming Pareto losses only (using partial moments from Sortino statistics)

VaR(95%)0.00915

Expected Shortfall on VaR0.01939
 ORDER STATISTICS
 Quartiles of return rates

Number of observations131.00000

Minimum0.94892

Quartile 10.99454

Median1.00285

Quartile 31.01102

Maximum1.11875

Mean of quarter 10.98367

Mean of quarter 20.99895

Mean of quarter 31.00671

Mean of quarter 41.02570

Inter Quartile Range0.01647

Number outliers low6.00000

Percentage of outliers low0.04580

Mean of outliers low0.96010

Number of outliers high5.00000

Percentage of outliers high0.03817

Mean of outliers high1.06008
 Risk estimates for a oneperiod unit investment (based on Ex

Extreme Value Index (moments method)0.51225

VaR(95%) (moments method)0.01735

Expected Shortfall (moments method)0.03944

Extreme Value Index (regression method)0.41071

VaR(95%) (regression method)0.01332

Expected Shortfall (regression method)0.02437
 DRAW DOWN STATISTICS
 Quartiles of draw downs

Number of observations11.00000

Minimum0.00230

Quartile 10.00996

Median0.01876

Quartile 30.04430

Maximum0.18837

Mean of quarter 10.00539

Mean of quarter 20.01578

Mean of quarter 30.02394

Mean of quarter 40.10797

Inter Quartile Range0.03433

Number outliers low0.00000

Percentage of outliers low0.00000

Mean of outliers low0.00000

Number of outliers high1.00000

Percentage of outliers high0.09091

Mean of outliers high0.18837
 Risk estimates based on draw downs (based on Extreme Value T

Extreme Value Index (moments method)0.37346

VaR(95%) (moments method)0.12694

Expected Shortfall (moments method)0.22404

Extreme Value Index (regression method)3.22548

VaR(95%) (regression method)0.25276

Last 4 Months  Pcnt Negativen/a

Expected Shortfall (regression method)0.00000

Strat Max DD how much worse than SP500 max DD during strat life?302987000

Max Equity Drawdown (num days)21
 COMBINED STATISTICS

Annualized return (arithmetic extrapolation)1.18203

Compounded annual return (geometric extrapolation)1.53133

Calmar ratio (compounded annual return / max draw down)8.12915

Compounded annual return / average of 25% largest draw downs14.18330

Compounded annual return / Expected Shortfall lognormal43.51040
Strategy Description
Location: London
Experience In Markets: 15 years
Job Title: Equity Trader
Preferred Markets: Equity Futures
Sharpe Ratio: 1.01
Description from the strategy designer:
The focus of London Equities is to capitalize on stock markets worldwide. Our strategies typically build exposure to the long side of the stock markets, but in certain periods, and on certain occasions we may initiate the occasional short sell position, as well as building a market neutral portfolio when the market climate dictates.
Year on year equities will typically increase in value, and our strategies will aim to increase that natural appreciation in value, by a multiple of 2 to 3.
This particular strategy focuses on providing European exposure for your portfolio and will tend to invest into the DAX in Germany, the FTSE in the UK, and the CAC in France. Very occasionally this strategy may veer from solely European exposure if an opportunity presents itself in the global markets, but the main focus will always be European.
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.