ETF Leverage Reversal
(104155140)
Subscription terms. Subscriptions to this system cost $89.00 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.
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  

2016  +0.6%  (1.1%)  (1.6%)  +21.2%  +8.9%  (9.3%)  +14.5%  +34.3%  
2017  +7.1%  +4.1%  +10.2%  (5%)  +3.3%  +5.5%  +1.7%  (0.4%)  +1.3%  (0.8%)  +1.2%  +1.9%  +33.4% 
2018  +4.7%  +3.0%  +1.5%  +0.6%  +0.7%  (0.4%)  (0.4%)  (7.4%)  +0.8%  +2.6%  (1.4%)  +21.8%  +26.4% 
2019  +10.7%  +2.2%  +2.3%  +0.8%  (4.2%)  +10.4%  +1.6%  (3.7%)  +10.6%  +1.1%  +0.2%  (1.5%)  +33.3% 
2020  +1.2%  +3.6%  (30%)  +30.5%    +10.0%  (9.6%)  +1.1%  (3.8%) 
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  $29,504  
Cash  $1  
Equity  $1  
Cumulative $  $52,790  
Includes dividends and cashsettled expirations:  $228  Itemized 
Total System Equity  $77,790  
Margined  $1  
Open P/L  ($8,488)  
Data has been delayed by 48 hours for nonsubscribers 
System developer has asked us to delay this information by 48 hours.
Trading Record
Statistics

Strategy began6/19/2016

Suggested Minimum Cap$15,000

Strategy Age (days)1512.25

Age50 months ago

What it tradesStocks

# Trades66

# Profitable53

% Profitable80.30%

Avg trade duration47.4 days

Max peaktovalley drawdown50.12%

drawdown periodMarch 10, 2020  March 18, 2020

Annual Return (Compounded)29.2%

Avg win$2,729

Avg loss$7,084
 Model Account Values (Raw)

Cash$121,292

Margin Used$83,429

Buying Power$29,504
 Ratios

W:L ratio1.59:1

Sharpe Ratio0.84

Sortino Ratio1.19

Calmar Ratio0.761
 CORRELATION STATISTICS

Return of Strat Pcnt  Return of SP500 Pcnt (cumu)128.41%

Correlation to SP5000.26500

Return Percent SP500 (cumu) during strategy life61.80%
 Return Statistics

Ann Return (w trading costs)29.2%
 Slump

Current Slump as Pcnt Equity18.90%
 Instruments

Percent Trades Futuresn/a
 Slump

Current Slump, time of slump as pcnt of strategy life0.04%
 Return Statistics

Return Pcnt Since TOS Status210.250%
 Instruments

Short Options  Percent Covered100.00%
 Return Statistics

Return Pcnt (Compound or Annual, agebased, NFA compliant)0.292%
 Instruments

Percent Trades Optionsn/a

Percent Trades Stocks1.00%

Percent Trades Forexn/a
 Return Statistics

Ann Return (Compnd, No Fees)31.5%
 Risk of Ruin (MonteCarlo)

Chance of 10% account loss26.50%

Chance of 20% account loss3.50%

Chance of 30% account loss0.50%

Chance of 40% account lossn/a

Chance of 100% account loss (Monte Carlo)100.00%

Chance of 70% account loss (Monte Carlo)n/a

Chance of 80% account loss (Monte Carlo)n/a

Chance of 60% account loss (Monte Carlo)n/a
 Automation

Percentage Signals Automatedn/a
 Risk of Ruin (MonteCarlo)

Chance of 90% account loss (Monte Carlo)n/a

Chance of 50% account lossn/a
 Popularity

Popularity (Today)700

Popularity (Last 6 weeks)930
 Trading Style

Any stock shorts? 0/11
 Popularity

C2 Score777

Popularity (7 days, Percentile 1000 scale)843
 Management

No Subs Allowed Flag (1: no subs)0

Strat abandoned?0
 TradesOwnSystem Certification

Trades Own System?

TOS percentn/a
 Win / Loss

Avg Loss$7,084

Avg Win$2,729

Sum Trade PL (losers)$92,092.000
 AUM

AUM (AutoTrader num accounts)7
 Age

Num Months filled monthly returns table51
 Win / Loss

Sum Trade PL (winners)$144,654.000

# Winners53

Num Months Winners36
 Dividends

Dividends Received in Model Acct229
 AUM

AUM (AutoTrader live capital)525749
 Win / Loss

# Losers13

% Winners80.3%
 Frequency

Avg Position Time (mins)68256.90

Avg Position Time (hrs)1137.61

Avg Trade Length47.4 days

Last Trade Ago59
 Leverage

Daily leverage (average)2.74

Daily leverage (max)5.78
 Regression

Alpha0.06

Beta0.37

Treynor Index0.21
 Maximum Adverse Excursion (MAE)

MAE:Equity, average, all trades0.16

MAE:PL  Winning Trades  this strat Percentile of All Strats61.97

MAE:PL  worst single value for strategy

MAE:PL  Losing Trades  this strat Percentile of All Strats15.26

MAE:PL (avg, winning trades)

MAE:PL (avg, losing trades)

MAE:PL (avg, all trades)3.39

MAE:Equity, average, winning trades0.15

MAE:Equity, average, losing trades0.18

Avg(MAE) / Avg(PL)  All trades7.498

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 strat0.29

Avg(MAE) / Avg(PL)  Winning trades1.797

Avg(MAE) / Avg(PL)  Losing trades1.264

HoldandHope Ratio0.139
 Analysis based on MONTHLY values, full history
 RATIO STATISTICS
 Ratio statistics of excess return rates
 Statistics related to Sharpe ratio

Mean0.31080

SD0.28478

Sharpe ratio (Glass type estimate)1.09135

Sharpe ratio (Hedges UMVUE)1.07383

df47.00000

t2.18270

p0.01704

Lowerbound of 95% confidence interval for Sharpe Ratio0.08146

Upperbound of 95% confidence interval for Sharpe Ratio2.09022

Lowerbound of 95% CI (Gibbons, Hedeker & Davis approximation0.07009

Upperbound of 95% CI (Gibbons, Hedeker & Davis approximation2.07756
 Statistics related to Sortino ratio

Sortino ratio2.40711

Upside Potential Ratio3.55693

Upside part of mean0.45926

Downside part of mean0.14846

Upside SD0.26607

Downside SD0.12912

N nonnegative terms31.00000

N negative terms17.00000
 Statistics related to linear regression on benchmark

N of observations48.00000

Mean of predictor0.08745

Mean of criterion0.31080

SD of predictor0.15096

SD of criterion0.28478

Covariance0.00068

r0.01577

b (slope, estimate of beta)0.02974

a (intercept, estimate of alpha)0.31340

Mean Square Error0.08284

DF error46.00000

t(b)0.10694

p(b)0.54235

t(a)2.14725

p(a)0.01854

Lowerbound of 95% confidence interval for beta0.58954

Upperbound of 95% confidence interval for beta0.53006

Lowerbound of 95% confidence interval for alpha0.01961

Upperbound of 95% confidence interval for alpha0.60719

Treynor index (mean / b)10.45050

Jensen alpha (a)0.31340
 Ratio statistics of excess log return rates
 Statistics related to Sharpe ratio

Mean0.27011

SD0.26913

Sharpe ratio (Glass type estimate)1.00365

Sharpe ratio (Hedges UMVUE)0.98754

df47.00000

t2.00731

p0.02524

Lowerbound of 95% confidence interval for Sharpe Ratio0.00211

Upperbound of 95% confidence interval for Sharpe Ratio1.99920

Lowerbound of 95% CI (Gibbons, Hedeker & Davis approximation0.01257

Upperbound of 95% CI (Gibbons, Hedeker & Davis approximation1.98765
 Statistics related to Sortino ratio

Sortino ratio1.92205

Upside Potential Ratio3.04226

Upside part of mean0.42754

Downside part of mean0.15743

Upside SD0.23928

Downside SD0.14053

N nonnegative terms31.00000

N negative terms17.00000
 Statistics related to linear regression on benchmark

N of observations48.00000

Mean of predictor0.07562

Mean of criterion0.27011

SD of predictor0.15324

SD of criterion0.26913

Covariance0.00033

r0.00791

b (slope, estimate of beta)0.01389

a (intercept, estimate of alpha)0.27117

Mean Square Error0.07400

DF error46.00000

t(b)0.05363

p(b)0.52127

t(a)1.97328

p(a)0.02724

Lowerbound of 95% confidence interval for beta0.53511

Upperbound of 95% confidence interval for beta0.50733

Lowerbound of 95% confidence interval for alpha0.00544

Upperbound of 95% confidence interval for alpha0.54778

Treynor index (mean / b)19.44960

Jensen alpha (a)0.27117
 Risk estimates for a oneperiod unit investment (parametric)
 assuming log normal returns and losses (using central moments from Sharpe statistics)

VaR(95%)0.09993

Expected Shortfall on VaR0.12832
 assuming Pareto losses only (using partial moments from Sortino statistics)

VaR(95%)0.02154

Expected Shortfall on VaR0.05071
 ORDER STATISTICS
 Quartiles of return rates

Number of observations48.00000

Minimum0.79770

Quartile 10.99898

Median1.01362

Quartile 31.04043

Maximum1.35229

Mean of quarter 10.95378

Mean of quarter 21.00536

Mean of quarter 31.02467

Mean of quarter 41.12910

Inter Quartile Range0.04145

Number outliers low4.00000

Percentage of outliers low0.08333

Mean of outliers low0.89041

Number of outliers high7.00000

Percentage of outliers high0.14583

Mean of outliers high1.17323
 Risk estimates for a oneperiod unit investment (based on Ex

Extreme Value Index (moments method)1.33099

VaR(95%) (moments method)0.02135

Expected Shortfall (moments method)0.00000

Extreme Value Index (regression method)0.58034

VaR(95%) (regression method)0.04153

Expected Shortfall (regression method)0.13351
 DRAW DOWN STATISTICS
 Quartiles of draw downs

Number of observations10.00000

Minimum0.00013

Quartile 10.00404

Median0.02179

Quartile 30.06353

Maximum0.20230

Mean of quarter 10.00184

Mean of quarter 20.00669

Mean of quarter 30.03961

Mean of quarter 40.14501

Inter Quartile Range0.05948

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 high0.18260
 Risk estimates based on draw downs (based on Extreme Value T

Extreme Value Index (moments method)37.48990

VaR(95%) (moments method)0.13831

Expected Shortfall (moments method)0.00000

Extreme Value Index (regression method)2.24085

VaR(95%) (regression method)0.27134

Expected Shortfall (regression method)0.27452
 COMBINED STATISTICS

Annualized return (arithmetic extrapolation)0.57349

Compounded annual return (geometric extrapolation)0.34719

Calmar ratio (compounded annual return / max draw down)1.71623

Compounded annual return / average of 25% largest draw downs2.39429

Compounded annual return / Expected Shortfall lognormal2.70563

0.00000

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

Mean0.28779

SD0.26993

Sharpe ratio (Glass type estimate)1.06618

Sharpe ratio (Hedges UMVUE)1.06543

df1068.00000

t2.15362

p0.46712

Lowerbound of 95% confidence interval for Sharpe Ratio0.09458

Upperbound of 95% confidence interval for Sharpe Ratio2.03731

Lowerbound of 95% CI (Gibbons, Hedeker & Davis approximation0.09407

Upperbound of 95% CI (Gibbons, Hedeker & Davis approximation2.03679
 Statistics related to Sortino ratio

Sortino ratio1.46940

Upside Potential Ratio5.88120

Upside part of mean1.15187

Downside part of mean0.86408

Upside SD0.18641

Downside SD0.19586

N nonnegative terms568.00000

N negative terms501.00000
 Statistics related to linear regression on benchmark

N of observations1069.00000

Mean of predictor0.10866

Mean of criterion0.28779

SD of predictor0.19944

SD of criterion0.26993

Covariance0.01514

r0.28130

b (slope, estimate of beta)0.38072

a (intercept, estimate of alpha)0.24600

Mean Square Error0.06716

DF error1067.00000

t(b)9.57533

p(b)0.32331

t(a)1.91967

p(a)0.46267

Lowerbound of 95% confidence interval for beta0.30270

Upperbound of 95% confidence interval for beta0.45873

Lowerbound of 95% confidence interval for alpha0.00546

Upperbound of 95% confidence interval for alpha0.49831

Treynor index (mean / b)0.75592

Jensen alpha (a)0.24643
 Ratio statistics of excess log return rates
 Statistics related to Sharpe ratio

Mean0.24966

SD0.27911

Sharpe ratio (Glass type estimate)0.89449

Sharpe ratio (Hedges UMVUE)0.89386

df1068.00000

t1.80682

p0.47240

Lowerbound of 95% confidence interval for Sharpe Ratio0.07677

Upperbound of 95% confidence interval for Sharpe Ratio1.86533

Lowerbound of 95% CI (Gibbons, Hedeker & Davis approximation0.07719

Upperbound of 95% CI (Gibbons, Hedeker & Davis approximation1.86491
 Statistics related to Sortino ratio

Sortino ratio1.17463

Upside Potential Ratio5.34008

Upside part of mean1.13500

Downside part of mean0.88534

Upside SD0.18136

Downside SD0.21254

N nonnegative terms568.00000

N negative terms501.00000
 Statistics related to linear regression on benchmark

N of observations1069.00000

Mean of predictor0.08861

Mean of criterion0.24966

SD of predictor0.20062

SD of criterion0.27911

Covariance0.01669

r0.29814

b (slope, estimate of beta)0.41477

a (intercept, estimate of alpha)0.21291

Mean Square Error0.07104

DF error1067.00000

t(b)10.20260

p(b)0.31305

t(a)1.61288

p(a)0.46862

Lowerbound of 95% confidence interval for beta0.33500

Upperbound of 95% confidence interval for beta0.49454

Lowerbound of 95% confidence interval for alpha0.04611

Upperbound of 95% confidence interval for alpha0.47192

Treynor index (mean / b)0.60192

Jensen alpha (a)0.21291
 Risk estimates for a oneperiod unit investment (parametric)
 assuming log normal returns and losses (using central moments from Sharpe statistics)

VaR(95%)0.02704

Expected Shortfall on VaR0.03400
 assuming Pareto losses only (using partial moments from Sortino statistics)

VaR(95%)0.00697

Expected Shortfall on VaR0.01620
 ORDER STATISTICS
 Quartiles of return rates

Number of observations1069.00000

Minimum0.74381

Quartile 10.99789

Median1.00040

Quartile 31.00393

Maximum1.12219

Mean of quarter 10.98771

Mean of quarter 20.99936

Mean of quarter 31.00181

Mean of quarter 41.01599

Inter Quartile Range0.00604

Number outliers low80.00000

Percentage of outliers low0.07484

Mean of outliers low0.97108

Number of outliers high105.00000

Percentage of outliers high0.09822

Mean of outliers high1.02954
 Risk estimates for a oneperiod unit investment (based on Ex

Extreme Value Index (moments method)0.77069

VaR(95%) (moments method)0.01057

Expected Shortfall (moments method)0.05062

Extreme Value Index (regression method)0.37670

VaR(95%) (regression method)0.01009

Expected Shortfall (regression method)0.02069
 DRAW DOWN STATISTICS
 Quartiles of draw downs

Number of observations101.00000

Minimum0.00005

Quartile 10.00098

Median0.00330

Quartile 30.01229

Maximum0.42066

Mean of quarter 10.00042

Mean of quarter 20.00203

Mean of quarter 30.00714

Mean of quarter 40.06744

Inter Quartile Range0.01130

Number outliers low0.00000

Percentage of outliers low0.00000

Mean of outliers low0.00000

Number of outliers high13.00000

Percentage of outliers high0.12871

Mean of outliers high0.11193
 Risk estimates based on draw downs (based on Extreme Value T

Extreme Value Index (moments method)0.83927

VaR(95%) (moments method)0.06221

Expected Shortfall (moments method)0.41501

Extreme Value Index (regression method)0.93323

VaR(95%) (regression method)0.04782

Expected Shortfall (regression method)0.68332
 COMBINED STATISTICS

Annualized return (arithmetic extrapolation)0.51553

Compounded annual return (geometric extrapolation)0.31992

Calmar ratio (compounded annual return / max draw down)0.76050

Compounded annual return / average of 25% largest draw downs4.74403

Compounded annual return / Expected Shortfall lognormal9.40836

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

Mean0.02979

SD0.57635

Sharpe ratio (Glass type estimate)0.05168

Sharpe ratio (Hedges UMVUE)0.05138

df130.00000

t0.03655

p0.49840

Lowerbound of 95% confidence interval for Sharpe Ratio2.72013

Upperbound of 95% confidence interval for Sharpe Ratio2.82350

Lowerbound of 95% CI (Gibbons, Hedeker & Davis approximation2.72043

Upperbound of 95% CI (Gibbons, Hedeker & Davis approximation2.82320
 Statistics related to Sortino ratio

Sortino ratio0.06569

Upside Potential Ratio5.63888

Upside part of mean2.55688

Downside part of mean2.52709

Upside SD0.35219

Downside SD0.45344

N nonnegative terms59.00000

N negative terms72.00000
 Statistics related to linear regression on benchmark

N of observations131.00000

Mean of predictor0.08124

Mean of criterion0.02979

SD of predictor0.45965

SD of criterion0.57635

Covariance0.11080

r0.41822

b (slope, estimate of beta)0.52440

a (intercept, estimate of alpha)0.01281

Mean Square Error0.27620

DF error129.00000

t(b)5.22938

p(b)0.24173

t(a)0.01724

p(a)0.50097

Lowerbound of 95% confidence interval for beta0.32599

Upperbound of 95% confidence interval for beta0.72280

Lowerbound of 95% confidence interval for alpha1.48342

Upperbound of 95% confidence interval for alpha1.45779

Treynor index (mean / b)0.05680

Jensen alpha (a)0.01281
 Ratio statistics of excess log return rates
 Statistics related to Sharpe ratio

Mean0.14755

SD0.61016

Sharpe ratio (Glass type estimate)0.24183

Sharpe ratio (Hedges UMVUE)0.24043

df130.00000

t0.17100

p0.50750

Lowerbound of 95% confidence interval for Sharpe Ratio3.01343

Upperbound of 95% confidence interval for Sharpe Ratio2.53050

Lowerbound of 95% CI (Gibbons, Hedeker & Davis approximation3.01239

Upperbound of 95% CI (Gibbons, Hedeker & Davis approximation2.53153
 Statistics related to Sortino ratio

Sortino ratio0.29295

Upside Potential Ratio4.95826

Upside part of mean2.49736

Downside part of mean2.64491

Upside SD0.34036

Downside SD0.50368

N nonnegative terms59.00000

N negative terms72.00000
 Statistics related to linear regression on benchmark

N of observations131.00000

Mean of predictor0.02462

Mean of criterion0.14755

SD of predictor0.46323

SD of criterion0.61016

Covariance0.12351

r0.43700

b (slope, estimate of beta)0.57561

a (intercept, estimate of alpha)0.13338

Mean Square Error0.30353

DF error129.00000

t(b)5.51813

p(b)0.23092

t(a)0.17119

p(a)0.50959

VAR (95 Confidence Intrvl)0.02700

Lowerbound of 95% confidence interval for beta0.36923

Upperbound of 95% confidence interval for beta0.78200

Lowerbound of 95% confidence interval for alpha1.67495

Upperbound of 95% confidence interval for alpha1.40818

Treynor index (mean / b)0.25634

Jensen alpha (a)0.13338
 Risk estimates for a oneperiod unit investment (parametric)
 assuming log normal returns and losses (using central moments from Sharpe statistics)

VaR(95%)0.06065

Expected Shortfall on VaR0.07524
 assuming Pareto losses only (using partial moments from Sortino statistics)

VaR(95%)0.02303

Expected Shortfall on VaR0.05025
 ORDER STATISTICS
 Quartiles of return rates

Number of observations131.00000

Minimum0.74381

Quartile 10.99081

Median0.99976

Quartile 31.01189

Maximum1.12219

Mean of quarter 10.96550

Mean of quarter 20.99646

Mean of quarter 31.00371

Mean of quarter 41.03532

Inter Quartile Range0.02109

Number outliers low7.00000

Percentage of outliers low0.05344

Mean of outliers low0.90963

Number of outliers high9.00000

Percentage of outliers high0.06870

Mean of outliers high1.06882
 Risk estimates for a oneperiod unit investment (based on Ex

Extreme Value Index (moments method)0.63010

VaR(95%) (moments method)0.03429

Expected Shortfall (moments method)0.10101

Extreme Value Index (regression method)0.22990

VaR(95%) (regression method)0.02426

Expected Shortfall (regression method)0.03847
 DRAW DOWN STATISTICS
 Quartiles of draw downs

Number of observations7.00000

Minimum0.00022

Quartile 10.00124

Median0.01571

Quartile 30.09945

Maximum0.42066

Mean of quarter 10.00032

Mean of quarter 20.00889

Mean of quarter 30.02768

Mean of quarter 40.29594

Inter Quartile Range0.09821

Number outliers low0.00000

Percentage of outliers low0.00000

Mean of outliers low0.00000

Number of outliers high1.00000

Percentage of outliers high0.14286

Mean of outliers high0.42066
 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 Negative0.25%

Expected Shortfall (regression method)0.00000

Strat Max DD how much worse than SP500 max DD during strat life?269333000

Max Equity Drawdown (num days)8
 COMBINED STATISTICS

Annualized return (arithmetic extrapolation)0.11614

Compounded annual return (geometric extrapolation)0.11277

Calmar ratio (compounded annual return / max draw down)0.26807

Compounded annual return / average of 25% largest draw downs0.38104

Compounded annual return / Expected Shortfall lognormal1.49874
Strategy Description
System every once in a while takes profits and reinvests into most active leveraged ETFs. To ensure there is plenty barrowable shares, system uses most active ETFs. When subscribed, ensure to join open trades as we keep them managed rather than reentering.
I trade Gold Bear/Bull pair which happens to have good liquidity to barrow shares. The pair also has good stability in terms of avoiding jerk reactions, Gold has been fairly stable compared to market conditions which seem to be too much emotional.
System evaluates the pairs periodically and makes adjustments in the favor of market directions to maximize profits. I keep the pair at close proximity to keep the disparity low, but avoid out of cycle adjustment. It has been times, I have let the pairs off up to 50% from each other based on market conditions, they tend to stabilize in time.
Please look at the comparison chart of pair in Yahoo Finance or other interactive charts to get an idea of how the system will behave.
My expectation is fairly stable sometimes boring system which has a proven track record as it is already a tool that investment brokers heavily favor and keep generating opposing leveraged ETFs.
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.