Medallion X
(132634862)
Subscription terms. Subscriptions to this system cost $35.00 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.
Currencies
Focuses on currency 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  +1.1%  +1.1%  
2021  +10.1%  +0.1%  +17.8%  +8.2%  (5.9%)  +1.9%  +11.5%  (16.8%)  +13.6%  +42.0% 
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.
Started  $10,000  
Buy Power  $11,894  
Cash  $15,852  
Equity  ($32)  
Cumulative $  $5,030  
Total System Equity  $15,030  
Margined  $3,924  
Open P/L  ($821) 
Trading Record
Statistics

Strategy began12/4/2020

Suggested Minimum Cap$15,000

Strategy Age (days)288.44

Age10 months ago

What it tradesForex

# Trades152

# Profitable126

% Profitable82.90%

Avg trade duration2.3 days

Max peaktovalley drawdown52.43%

drawdown periodAug 05, 2021  Aug 20, 2021

Cumul. Return43.5%

Avg win$82.36

Avg loss$175.31
 Model Account Values (Raw)

Cash$15,852

Margin Used$3,924

Buying Power$11,894
 Ratios

W:L ratio2.28:1

Sharpe Ratio0.97

Sortino Ratio1.39

Calmar Ratio1.563
 CORRELATION STATISTICS

Return of Strat Pcnt  Return of SP500 Pcnt (cumu)23.66%

Correlation to SP5000.08450

Return Percent SP500 (cumu) during strategy life19.84%
 Return Statistics

Ann Return (w trading costs)57.1%
 Slump

Current Slump as Pcnt Equity7.60%
 Instruments

Percent Trades Futuresn/a
 Slump

Current Slump, time of slump as pcnt of strategy life0.05%
 Instruments

Short Options  Percent Covered100.00%
 Return Statistics

Return Pcnt (Compound or Annual, agebased, NFA compliant)0.435%
 Instruments

Percent Trades Optionsn/a

Percent Trades Stocksn/a

Percent Trades Forex1.00%
 Return Statistics

Ann Return (Compnd, No Fees)67.2%
 Risk of Ruin (MonteCarlo)

Chance of 10% account loss71.00%

Chance of 20% account loss40.00%

Chance of 30% account loss14.00%

Chance of 40% account loss1.50%

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)545

Popularity (Last 6 weeks)977
 Trading Style

Any stock shorts? 0/10
 Popularity

Popularity (7 days, Percentile 1000 scale)851
 Management

No Subs Allowed Flag (1: no subs)0

Strat abandoned?0
 TradesOwnSystem Certification

Trades Own System?

TOS percentn/a
 Win / Loss

Avg Loss$206

Avg Win$82

Sum Trade PL (losers)$5,347.000
 AUM

AUM (AutoTrader num accounts)3
 Age

Num Months filled monthly returns table10
 Win / Loss

Sum Trade PL (winners)$10,377.000

# Winners126

Num Months Winners8
 Dividends

Dividends Received in Model Acct0
 AUM

AUM (AutoTrader live capital)75088
 Win / Loss

# Losers26

% Winners82.9%
 Frequency

Avg Position Time (mins)3296.37

Avg Position Time (hrs)54.94

Avg Trade Length2.3 days

Last Trade Ago4
 Leverage

Daily leverage (average)5.94

Daily leverage (max)32.07
 Regression

Alpha0.17

Beta0.42

Treynor Index0.46
 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)0.22

MAE:Equity, average, winning trades0.01

MAE:Equity, average, losing trades0.08

Avg(MAE) / Avg(PL)  All trades7.656

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 strat0.23

Avg(MAE) / Avg(PL)  Winning trades1.013

Avg(MAE) / Avg(PL)  Losing trades3.189

HoldandHope Ratio0.169
 Analysis based on MONTHLY values, full history
 RATIO STATISTICS
 Ratio statistics of excess return rates
 Statistics related to Sharpe ratio

Mean0.62662

SD0.21762

Sharpe ratio (Glass type estimate)2.87949

Sharpe ratio (Hedges UMVUE)2.59932

df8.00000

t2.49371

p0.01865

Lowerbound of 95% confidence interval for Sharpe Ratio0.16159

Upperbound of 95% confidence interval for Sharpe Ratio5.47037

Lowerbound of 95% CI (Gibbons, Hedeker & Davis approximation0.00238

Upperbound of 95% CI (Gibbons, Hedeker & Davis approximation5.19626
 Statistics related to Sortino ratio

Sortino ratio14.88650

Upside Potential Ratio16.66020

Upside part of mean0.70129

Downside part of mean0.07466

Upside SD0.27027

Downside SD0.04209

N nonnegative terms6.00000

N negative terms3.00000
 Statistics related to linear regression on benchmark

N of observations9.00000

Mean of predictor0.23560

Mean of criterion0.62662

SD of predictor0.05672

SD of criterion0.21762

Covariance0.00113

r0.09145

b (slope, estimate of beta)0.35088

a (intercept, estimate of alpha)0.54396

Mean Square Error0.05367

DF error7.00000

t(b)0.24297

p(b)0.40750

t(a)1.25683

p(a)0.12456

Lowerbound of 95% confidence interval for beta3.06395

Upperbound of 95% confidence interval for beta3.76571

Lowerbound of 95% confidence interval for alpha0.47946

Upperbound of 95% confidence interval for alpha1.56738

Treynor index (mean / b)1.78586

Jensen alpha (a)0.54396
 Ratio statistics of excess log return rates
 Statistics related to Sharpe ratio

Mean0.59049

SD0.20647

Sharpe ratio (Glass type estimate)2.85992

Sharpe ratio (Hedges UMVUE)2.58166

df8.00000

t2.47676

p0.01915

Lowerbound of 95% confidence interval for Sharpe Ratio0.14707

Upperbound of 95% confidence interval for Sharpe Ratio5.44610

Lowerbound of 95% CI (Gibbons, Hedeker & Davis approximation0.01105

Upperbound of 95% CI (Gibbons, Hedeker & Davis approximation5.17436
 Statistics related to Sortino ratio

Sortino ratio13.86250

Upside Potential Ratio15.63230

Upside part of mean0.66587

Downside part of mean0.07539

Upside SD0.25522

Downside SD0.04260

N nonnegative terms6.00000

N negative terms3.00000
 Statistics related to linear regression on benchmark

N of observations9.00000

Mean of predictor0.23141

Mean of criterion0.59049

SD of predictor0.05545

SD of criterion0.20647

Covariance0.00079

r0.06932

b (slope, estimate of beta)0.25815

a (intercept, estimate of alpha)0.53075

Mean Square Error0.04849

DF error7.00000

t(b)0.18385

p(b)0.42967

t(a)1.28643

p(a)0.11960

Lowerbound of 95% confidence interval for beta3.06200

Upperbound of 95% confidence interval for beta3.57829

Lowerbound of 95% confidence interval for alpha0.44484

Upperbound of 95% confidence interval for alpha1.50635

Treynor index (mean / b)2.28741

Jensen alpha (a)0.53075
 Risk estimates for a oneperiod unit investment (parametric)
 assuming log normal returns and losses (using central moments from Sharpe statistics)

VaR(95%)0.04766

Expected Shortfall on VaR0.07086
 assuming Pareto losses only (using partial moments from Sortino statistics)

VaR(95%)0.01103

Expected Shortfall on VaR0.02250
 ORDER STATISTICS
 Quartiles of return rates

Number of observations9.00000

Minimum0.96996

Quartile 10.99149

Median1.05560

Quartile 31.10440

Maximum1.14158

Mean of quarter 10.98366

Mean of quarter 21.04829

Mean of quarter 31.08545

Mean of quarter 41.13623

Inter Quartile Range0.11292

Number outliers low0.00000

Percentage of outliers low0.00000

Mean of outliers low0.00000

Number of outliers high0.00000

Percentage of outliers high0.00000

Mean of outliers high0.00000
 Risk estimates for a oneperiod unit investment (based on Ex

Extreme Value Index (moments method)0.26797

VaR(95%) (moments method)0.01996

Expected Shortfall (moments method)0.03268

Extreme Value Index (regression method)2.33359

VaR(95%) (regression method)0.05018

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

Number of observations3.00000

Minimum0.00851

Quartile 10.00948

Median0.01045

Quartile 30.02025

Maximum0.03004

Mean of quarter 10.00851

Mean of quarter 20.01045

Mean of quarter 30.00000

Mean of quarter 40.03004

Inter Quartile Range0.01077

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)0.78680

Compounded annual return (geometric extrapolation)0.85595

Calmar ratio (compounded annual return / max draw down)28.48940

Compounded annual return / average of 25% largest draw downs28.48940

Compounded annual return / Expected Shortfall lognormal12.07980

0.00000

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

Mean0.70037

SD0.59205

Sharpe ratio (Glass type estimate)1.18296

Sharpe ratio (Hedges UMVUE)1.17856

df202.00000

t1.04128

p0.14949

Lowerbound of 95% confidence interval for Sharpe Ratio1.04807

Upperbound of 95% confidence interval for Sharpe Ratio3.41119

Lowerbound of 95% CI (Gibbons, Hedeker & Davis approximation1.05104

Upperbound of 95% CI (Gibbons, Hedeker & Davis approximation3.40817
 Statistics related to Sortino ratio

Sortino ratio1.72919

Upside Potential Ratio6.96499

Upside part of mean2.82102

Downside part of mean2.12065

Upside SD0.43200

Downside SD0.40503

N nonnegative terms123.00000

N negative terms80.00000
 Statistics related to linear regression on benchmark

N of observations203.00000

Mean of predictor0.21322

Mean of criterion0.70037

SD of predictor0.12233

SD of criterion0.59205

Covariance0.00791

r0.10927

b (slope, estimate of beta)0.52887

a (intercept, estimate of alpha)0.58800

Mean Square Error0.34806

DF error201.00000

t(b)1.55850

p(b)0.43057

t(a)0.87164

p(a)0.46096

Lowerbound of 95% confidence interval for beta0.14026

Upperbound of 95% confidence interval for beta1.19800

Lowerbound of 95% confidence interval for alpha0.74168

Upperbound of 95% confidence interval for alpha1.91689

Treynor index (mean / b)1.32429

Jensen alpha (a)0.58761
 Ratio statistics of excess log return rates
 Statistics related to Sharpe ratio

Mean0.52422

SD0.59610

Sharpe ratio (Glass type estimate)0.87942

Sharpe ratio (Hedges UMVUE)0.87615

df202.00000

t0.77409

p0.21989

Lowerbound of 95% confidence interval for Sharpe Ratio1.34989

Upperbound of 95% confidence interval for Sharpe Ratio3.10670

Lowerbound of 95% CI (Gibbons, Hedeker & Davis approximation1.35213

Upperbound of 95% CI (Gibbons, Hedeker & Davis approximation3.10443
 Statistics related to Sortino ratio

Sortino ratio1.19403

Upside Potential Ratio6.23165

Upside part of mean2.73592

Downside part of mean2.21170

Upside SD0.40235

Downside SD0.43904

N nonnegative terms123.00000

N negative terms80.00000
 Statistics related to linear regression on benchmark

N of observations203.00000

Mean of predictor0.20567

Mean of criterion0.52422

SD of predictor0.12237

SD of criterion0.59610

Covariance0.00787

r0.10786

b (slope, estimate of beta)0.52542

a (intercept, estimate of alpha)0.41616

Mean Square Error0.35295

DF error201.00000

t(b)1.53812

p(b)0.43147

t(a)0.61328

p(a)0.47250

Lowerbound of 95% confidence interval for beta0.14816

Upperbound of 95% confidence interval for beta1.19900

Lowerbound of 95% confidence interval for alpha0.92188

Upperbound of 95% confidence interval for alpha1.75420

Treynor index (mean / b)0.99772

Jensen alpha (a)0.41616
 Risk estimates for a oneperiod unit investment (parametric)
 assuming log normal returns and losses (using central moments from Sharpe statistics)

VaR(95%)0.05689

Expected Shortfall on VaR0.07121
 assuming Pareto losses only (using partial moments from Sortino statistics)

VaR(95%)0.01524

Expected Shortfall on VaR0.03538
 ORDER STATISTICS
 Quartiles of return rates

Number of observations203.00000

Minimum0.78951

Quartile 10.99302

Median1.00327

Quartile 31.01241

Maximum1.24606

Mean of quarter 10.96960

Mean of quarter 20.99906

Mean of quarter 31.00785

Mean of quarter 41.03471

Inter Quartile Range0.01939

Number outliers low8.00000

Percentage of outliers low0.03941

Mean of outliers low0.89888

Number of outliers high8.00000

Percentage of outliers high0.03941

Mean of outliers high1.09763
 Risk estimates for a oneperiod unit investment (based on Ex

Extreme Value Index (moments method)0.63022

VaR(95%) (moments method)0.02799

Expected Shortfall (moments method)0.08408

Extreme Value Index (regression method)0.42157

VaR(95%) (regression method)0.02356

Expected Shortfall (regression method)0.04787
 DRAW DOWN STATISTICS
 Quartiles of draw downs

Number of observations19.00000

Minimum0.00037

Quartile 10.00259

Median0.01168

Quartile 30.07338

Maximum0.47162

Mean of quarter 10.00102

Mean of quarter 20.00671

Mean of quarter 30.03827

Mean of quarter 40.17530

Inter Quartile Range0.07078

Number outliers low0.00000

Percentage of outliers low0.00000

Mean of outliers low0.00000

Number of outliers high1.00000

Percentage of outliers high0.05263

Mean of outliers high0.47162
 Risk estimates based on draw downs (based on Extreme Value T

Extreme Value Index (moments method)0.69087

VaR(95%) (moments method)0.20849

Expected Shortfall (moments method)0.64615

Extreme Value Index (regression method)2.15480

VaR(95%) (regression method)0.21626

Expected Shortfall (regression method)0.00000
 COMBINED STATISTICS

Annualized return (arithmetic extrapolation)0.68903

Compounded annual return (geometric extrapolation)0.73695

Calmar ratio (compounded annual return / max draw down)1.56260

Compounded annual return / average of 25% largest draw downs4.20402

Compounded annual return / Expected Shortfall lognormal10.34930

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

Mean0.64835

SD0.71994

Sharpe ratio (Glass type estimate)0.90056

Sharpe ratio (Hedges UMVUE)0.89536

df130.00000

t0.63679

p0.47212

Lowerbound of 95% confidence interval for Sharpe Ratio1.87510

Upperbound of 95% confidence interval for Sharpe Ratio3.67284

Lowerbound of 95% CI (Gibbons, Hedeker & Davis approximation1.87859

Upperbound of 95% CI (Gibbons, Hedeker & Davis approximation3.66930
 Statistics related to Sortino ratio

Sortino ratio1.30379

Upside Potential Ratio6.86586

Upside part of mean3.41426

Downside part of mean2.76591

Upside SD0.51834

Downside SD0.49728

N nonnegative terms82.00000

N negative terms49.00000
 Statistics related to linear regression on benchmark

N of observations131.00000

Mean of predictor0.22602

Mean of criterion0.64835

SD of predictor0.10557

SD of criterion0.71994

Covariance0.01106

r0.14549

b (slope, estimate of beta)0.99219

a (intercept, estimate of alpha)0.42410

Mean Square Error0.51128

DF error129.00000

t(b)1.67020

p(b)0.40771

t(a)0.41574

p(a)0.47672

Lowerbound of 95% confidence interval for beta0.18316

Upperbound of 95% confidence interval for beta2.16753

Lowerbound of 95% confidence interval for alpha1.59418

Upperbound of 95% confidence interval for alpha2.44237

Treynor index (mean / b)0.65346

Jensen alpha (a)0.42410
 Ratio statistics of excess log return rates
 Statistics related to Sharpe ratio

Mean0.38899

SD0.72526

Sharpe ratio (Glass type estimate)0.53635

Sharpe ratio (Hedges UMVUE)0.53325

df130.00000

t0.37926

p0.48338

Lowerbound of 95% confidence interval for Sharpe Ratio2.23719

Upperbound of 95% confidence interval for Sharpe Ratio3.30796

Lowerbound of 95% CI (Gibbons, Hedeker & Davis approximation2.23931

Upperbound of 95% CI (Gibbons, Hedeker & Davis approximation3.30581
 Statistics related to Sortino ratio

Sortino ratio0.72029

Upside Potential Ratio6.09671

Upside part of mean3.29255

Downside part of mean2.90356

Upside SD0.48053

Downside SD0.54005

N nonnegative terms82.00000

N negative terms49.00000
 Statistics related to linear regression on benchmark

N of observations131.00000

Mean of predictor0.22038

Mean of criterion0.38899

SD of predictor0.10552

SD of criterion0.72526

Covariance0.01101

r0.14380

b (slope, estimate of beta)0.98833

a (intercept, estimate of alpha)0.17119

Mean Square Error0.51912

DF error129.00000

t(b)1.65040

p(b)0.40877

t(a)0.16662

p(a)0.49066

VAR (95 Confidence Intrvl)0.05700

Lowerbound of 95% confidence interval for beta0.19650

Upperbound of 95% confidence interval for beta2.17315

Lowerbound of 95% confidence interval for alpha1.86165

Upperbound of 95% confidence interval for alpha2.20404

Treynor index (mean / b)0.39359

Jensen alpha (a)0.17119
 Risk estimates for a oneperiod unit investment (parametric)
 assuming log normal returns and losses (using central moments from Sharpe statistics)

VaR(95%)0.06967

Expected Shortfall on VaR0.08680
 assuming Pareto losses only (using partial moments from Sortino statistics)

VaR(95%)0.01922

Expected Shortfall on VaR0.04445
 ORDER STATISTICS
 Quartiles of return rates

Number of observations131.00000

Minimum0.78951

Quartile 10.99238

Median1.00489

Quartile 31.01431

Maximum1.24606

Mean of quarter 10.95998

Mean of quarter 20.99947

Mean of quarter 31.00922

Mean of quarter 41.04186

Inter Quartile Range0.02192

Number outliers low7.00000

Percentage of outliers low0.05344

Mean of outliers low0.89005

Number of outliers high5.00000

Percentage of outliers high0.03817

Mean of outliers high1.13004
 Risk estimates for a oneperiod unit investment (based on Ex

Extreme Value Index (moments method)0.47596

VaR(95%) (moments method)0.03153

Expected Shortfall (moments method)0.07210

Extreme Value Index (regression method)0.45735

VaR(95%) (regression method)0.02894

Expected Shortfall (regression method)0.06305
 DRAW DOWN STATISTICS
 Quartiles of draw downs

Number of observations10.00000

Minimum0.00093

Quartile 10.00834

Median0.03799

Quartile 30.10186

Maximum0.47162

Mean of quarter 10.00261

Mean of quarter 20.01573

Mean of quarter 30.07262

Mean of quarter 40.23442

Inter Quartile Range0.09351

Number outliers low0.00000

Percentage of outliers low0.00000

Mean of outliers low0.00000

Number of outliers high1.00000

Percentage of outliers high0.10000

Mean of outliers high0.47162
 Risk estimates based on draw downs (based on Extreme Value T

Extreme Value Index (moments method)0.57036

VaR(95%) (moments method)0.29179

Expected Shortfall (moments method)0.73970

Extreme Value Index (regression method)3.36649

VaR(95%) (regression method)0.87696

Last 4 Months  Pcnt Negative0.25%

Expected Shortfall (regression method)0.00000

Strat Max DD how much worse than SP500 max DD during strat life?302957000

Max Equity Drawdown (num days)15
 COMBINED STATISTICS

Annualized return (arithmetic extrapolation)0.46354

Compounded annual return (geometric extrapolation)0.51725

Calmar ratio (compounded annual return / max draw down)1.09677

Compounded annual return / average of 25% largest draw downs2.20648

Compounded annual return / Expected Shortfall lognormal5.95908
Strategy Description
1) Trading experience since 2006. Experience in managing a fund of 20 million USD. The plan and goal for the future is to open a hedge fund.
2) My public verified trading results  2011 + 12.11%  2012 + 105.51%  2013 + 272.49%  2014 + 182.49%  2015 + 121.17%  2016 + 65.57%  2017 + 18.24%  2018 + 88.6%  2019 +16.5%.
3) Manual trading is based on the use of advanced mathematical algorithms that generate accurate entry and exit signals, as well as on the analysis of intraday currency futures of the Chicago Mercantile Exchange (CME Group).
4) Trading is carried out both on a trend and on a reversal, on GBPUSD, EURUSD, AUDUSD, USDJPY, USDCAD, USDCHF currency pairs.
5) Each trade is protected by stop loss. Prior to the opening of each trade, a risk calculation is made and only after that a trade is opened. Risk control takes first place in the system.
6) Maximum drawdown per month 10%. The risk for you may be more than 10% if you connected not from the 1st of the month.
7) Not a martingale.
It is important to know when connecting my system “Medallion X” (Forex) to autotrade:
1) If you are a resident of the USA, Australia, then you will not be able to trade forex through Interactive brokers, local restrictions apply. You can connect to auto trading only with brokers Oanda, Trade Pro, FXCM, AGM Markets.
2) If you are a nonresident of the USA, Australia. There are no restrictions on the connection of autotrader. Any broker from the list  Interactive Brokers, Oanda, Trade Pro, FXCM, AGM Markets.
3) If you do not want to open a separate forex account, for this purpose I have a system for trading currency futures "Medallion CME" (Futures) is identical to the system "Medallion X" (Forex)  https://collective2.com/details/134947287
July 27, 2021
Michael
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.