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These are hypothetical performance results that have certain inherent limitations. Learn more

Trades-Own-Strategy Certification

This system has earned Trades-Own-Strategy (TOS) Certification. This means that the manager of this system trades his own strategy in a real-life, funded brokerage account.

Trades-Own-Strategy (TOS) Certification Details
Certification process started 04/15/2026
Most recent certification approved 4/15/26 13:31 ET
Trades at broker Interactive Brokers (server 2 / Stocks, Option, Futures)
Scaling percentage used 100%
# trading signals issued by system since certification 180
# trading signals executed in manager's Interactive Brokers (server 2 / Stocks, Option, Futures) account 180
Percent signals followed since 04/15/2026 100%
This information was last updated 5/11/26 10:36 ET

Warning: System trading results are still hypothetical.

Even though the system developer is currently trading his own system in a real-life brokerage account, the trading results presented on this Web site must still be regarded as purely hypothetical results. This is because (among other reasons) the system developer may not have traded all signals, particularly those that occurred before 04/15/2026, and the system developer's results may not match the system results presented here. In addition, not all subscribers have received the same trades or prices as the system manager has. For these reasons, and others, it is extremely important you remember the following:

About the results you see on this Web site

Past results are not necessarily indicative of future results.

These results are based on simulated or hypothetical performance results. Hypothetical performance results have many inherent limitations, some of which are described below. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown. In fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program.

One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk in actual trading. For example, the ability to withstand losses or to adhere to a particular trading program in spite of trading losses are material points which can also adversely affect actual trading results. There are numerous other factors related to the markets in general or to the implementation of any specific trading program which cannot be fully accounted for in the preparation of hypothetical performance results and all of which can adversely affect actual trading results.

You may be interested to learn more technical details about how Collective2 calculates the hypothetical results you see on this web site.

QQQ 0dte Options
(155254624)

Created by: VenkatArunachalam VenkatArunachalam
Started: 03/2026
Options
Last trade: Today
Trading style: Options Volatility Long / Short

Subscriptions not available

No subscriptions are currently available for this strategy because the strategy manager has capped the maximum number of subscribers.

Subscription terms. Subscriptions to this system cost $100.00 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.

Trading Category: Options
Volatility Long / Short
Category: Equity

Volatility Long / Short

This strategy constructs portfolios that make bets about whether market volatility will increase or decrease.
4.0%
Cumul. Return

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 marked-to-market equity calculations.

All results are hypothetical.

(18.5%)
Max Drawdown
71
Num Trades
42.3%
Win Trades
1.2 : 1
Profit Factor
33.3%
Win Months
Hypothetical Monthly Returns (includes system fee and Typical Broker commissions and fees)
 JanFebMarAprMayJunJulAugSepOctNovDecYTD
2026              (1.6%)(3.4%)+9.4%                                          +4.0%

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.

Trading Record

This strategy has placed 179 trades in real-life brokerage accounts. To see live brokerage data, select Show AutoTrade Data, and click on a Live AutoTrade Indicator symbol.

Download CSV
Long
Short
Both
Win
Loss
Both
Opened Date/TimeSymbolDescriptionSideQuantAvg PriceClosed Date/TimeAvg PriceDrawdownP/L
5/11/26 10:33 QQQ2611Q708 QQQ May11'26 708 put LONG 17 1.14 5/11 10:36 0.81 n/a ($592)
Includes Typical Broker Commissions trade costs of $23.80
5/8/26 10:22 QQQ2608E707 QQQ May8'26 707 call LONG 7 1.30 5/8 11:43 1.19 1.74%
Trade id #156000961
Max drawdown($350)
Time5/8/26 10:36
Quant open7
Worst price0.80
Drawdown as % of equity-1.74%
($84)
Includes Typical Broker Commissions trade costs of $9.80
5/8/26 9:31 QQQ2608E701 QQQ May8'26 701 call LONG 6 1.62 5/8 10:00 3.80 n/a $1,302
Includes Typical Broker Commissions trade costs of $8.40
5/7/26 13:26 QQQ2618R695 QQQ Jun18'26 695 put LONG 10 19.00 5/7 13:27 19.20 n/a $191
Includes Typical Broker Commissions trade costs of $14.00
5/7/26 12:25 QQQ2607E696 QQQ May7'26 696 call LONG 1 1.50 5/7 12:38 1.38 0.08%
Trade id #155980913
Max drawdown($15)
Time5/7/26 12:38
Quant open1
Worst price1.34
Drawdown as % of equity-0.08%
($14)
Includes Typical Broker Commissions trade costs of $2.00
5/7/26 10:21 QQQ2607E700 QQQ May7'26 700 call LONG 4 1.23 5/7 11:29 1.21 0.6%
Trade id #155977309
Max drawdown($120)
Time5/7/26 11:26
Quant open3
Worst price0.83
Drawdown as % of equity-0.60%
($13)
Includes Typical Broker Commissions trade costs of $5.90
5/7/26 9:47 QQQ2607Q696 QQQ May7'26 696 put LONG 5 1.92 5/7 10:05 0.89 2.54%
Trade id #155976295
Max drawdown($520)
Time5/7/26 10:05
Quant open5
Worst price0.88
Drawdown as % of equity-2.54%
($522)
Includes Typical Broker Commissions trade costs of $7.00
5/6/26 10:46 QQQ2606E692 QQQ May6'26 692 call LONG 2 0.88 5/6 14:58 1.49 0.14%
Trade id #155959283
Max drawdown($28)
Time5/6/26 12:58
Quant open1
Worst price0.60
Drawdown as % of equity-0.14%
$120
Includes Typical Broker Commissions trade costs of $3.40
5/6/26 9:43 QQQ2606E689 QQQ May6'26 689 call LONG 4 1.97 5/6 10:07 1.67 0.72%
Trade id #155957695
Max drawdown($146)
Time5/6/26 10:07
Quant open2
Worst price1.24
Drawdown as % of equity-0.72%
($129)
Includes Typical Broker Commissions trade costs of $5.60
5/5/26 10:25 QQQ2605E682 QQQ May5'26 682 call LONG 6 1.21 5/5 11:25 0.97 1.38%
Trade id #155940661
Max drawdown($285)
Time5/5/26 10:44
Quant open6
Worst price0.73
Drawdown as % of equity-1.38%
($149)
Includes Typical Broker Commissions trade costs of $8.40
5/5/26 9:31 QQQ2605E679 QQQ May5'26 679 call LONG 12 1.27 5/5 10:14 2.24 n/a $1,149
Includes Typical Broker Commissions trade costs of $16.80
5/4/26 12:17 QQQ2604Q669 QQQ May4'26 669 put LONG 3 1.38 5/4 12:21 0.81 0.67%
Trade id #155925296
Max drawdown($131)
Time5/4/26 12:21
Quant open2
Worst price0.72
Drawdown as % of equity-0.67%
($175)
Includes Typical Broker Commissions trade costs of $5.10
5/4/26 11:23 QQQ2604Q672 QQQ May4'26 672 put LONG 2 1.77 5/4 12:08 3.60 0.49%
Trade id #155923322
Max drawdown($95)
Time5/4/26 11:28
Quant open2
Worst price1.29
Drawdown as % of equity-0.49%
$364
Includes Typical Broker Commissions trade costs of $3.40
5/4/26 9:52 QQQ2604E676 QQQ May4'26 676 call LONG 7 1.29 5/4 10:52 1.54 1.75%
Trade id #155916355
Max drawdown($336)
Time5/4/26 10:08
Quant open7
Worst price0.81
Drawdown as % of equity-1.75%
$165
Includes Typical Broker Commissions trade costs of $9.80
5/1/26 9:50 QQQ2601E674 QQQ May1'26 674 call LONG 7 1.28 5/1 11:51 1.50 1.25%
Trade id #155872899
Max drawdown($238)
Time5/1/26 9:53
Quant open7
Worst price0.94
Drawdown as % of equity-1.25%
$147
Includes Typical Broker Commissions trade costs of $10.10
4/30/26 14:03 QQQ2630D668 QQQ Apr30'26 668 call LONG 4 1.19 4/30 15:53 0.88 1.11%
Trade id #155854979
Max drawdown($212)
Time4/30/26 14:28
Quant open4
Worst price0.66
Drawdown as % of equity-1.11%
($130)
Includes Typical Broker Commissions trade costs of $6.80
4/30/26 11:50 QQQ2630D663 QQQ Apr30'26 663 call LONG 3 1.52 4/30 12:40 1.76 0.22%
Trade id #155852654
Max drawdown($43)
Time4/30/26 12:02
Quant open2
Worst price1.31
Drawdown as % of equity-0.22%
$67
Includes Typical Broker Commissions trade costs of $5.10
4/30/26 10:53 QQQ2630D662 QQQ Apr30'26 662 call LONG 5 1.80 4/30 11:41 2.19 n/a $186
Includes Typical Broker Commissions trade costs of $7.90
4/30/26 9:59 QQQ2630P658 QQQ Apr30'26 658 put LONG 10 1.87 4/30 10:23 1.99 2.76%
Trade id #155849256
Max drawdown($530)
Time4/30/26 10:02
Quant open10
Worst price1.34
Drawdown as % of equity-2.76%
$107
Includes Typical Broker Commissions trade costs of $14.00
4/30/26 9:38 QQQ2630P662 QQQ Apr30'26 662 put LONG 10 3.32 4/30 9:50 2.93 4.63%
Trade id #155848651
Max drawdown($887)
Time4/30/26 9:45
Quant open10
Worst price2.43
Drawdown as % of equity-4.63%
($398)
Includes Typical Broker Commissions trade costs of $14.30
4/29/26 15:36 QQQ2629D662 QQQ Apr29'26 662 call LONG 2 1.68 4/29 15:51 1.47 0.27%
Trade id #155838773
Max drawdown($52)
Time4/29/26 15:50
Quant open2
Worst price1.42
Drawdown as % of equity-0.27%
($45)
Includes Typical Broker Commissions trade costs of $2.80
4/29/26 14:35 QQQ2629D661 QQQ Apr29'26 661 call LONG 5 1.81 4/29 15:21 2.25 0.92%
Trade id #155837369
Max drawdown($175)
Time4/29/26 14:44
Quant open5
Worst price1.46
Drawdown as % of equity-0.92%
$213
Includes Typical Broker Commissions trade costs of $8.50
4/29/26 14:10 QQQ2629P657 QQQ Apr29'26 657 put LONG 3 2.74 4/29 14:35 2.14 0.74%
Trade id #155836924
Max drawdown($143)
Time4/29/26 14:16
Quant open2
Worst price2.03
Drawdown as % of equity-0.74%
($187)
Includes Typical Broker Commissions trade costs of $5.10
4/29/26 11:32 QQQ2629D660 QQQ Apr29'26 660 call LONG 1 3.42 4/29 12:32 2.02 0.73%
Trade id #155833599
Max drawdown($141)
Time4/29/26 12:32
Quant open1
Worst price2.01
Drawdown as % of equity-0.73%
($142)
Includes Typical Broker Commissions trade costs of $2.00
4/29/26 9:54 QQQ2629D659 QQQ Apr29'26 659 call LONG 3 3.19 4/29 11:14 3.09 0.79%
Trade id #155831749
Max drawdown($153)
Time4/29/26 10:10
Quant open3
Worst price2.68
Drawdown as % of equity-0.79%
($36)
Includes Typical Broker Commissions trade costs of $5.10
4/28/26 10:51 QQQ2628P654 QQQ Apr28'26 654 put LONG 1 1.73 4/28 10:51 1.75 n/a $1
Includes Typical Broker Commissions trade costs of $2.00
4/28/26 10:42 QQQ2628D656 QQQ Apr28'26 656 call LONG 3 1.58 4/28 10:46 1.37 0.36%
Trade id #155816592
Max drawdown($70)
Time4/28/26 10:46
Quant open3
Worst price1.35
Drawdown as % of equity-0.36%
($70)
Includes Typical Broker Commissions trade costs of $4.20
4/28/26 10:40 QQQ2628P654 QQQ Apr28'26 654 put LONG 1 1.38 4/28 10:41 1.55 n/a $15
Includes Typical Broker Commissions trade costs of $2.00
4/28/26 9:44 QQQ2628D659 QQQ Apr28'26 659 call LONG 5 2.02 4/28 9:54 1.56 0.95%
Trade id #155815160
Max drawdown($186)
Time4/28/26 9:54
Quant open3
Worst price1.40
Drawdown as % of equity-0.95%
($241)
Includes Typical Broker Commissions trade costs of $7.90
4/27/26 11:22 QQQ2627P660 QQQ Apr27'26 660 put LONG 12 0.78 4/27 11:26 0.76 0.19%
Trade id #155799423
Max drawdown($40)
Time4/27/26 11:26
Quant open8
Worst price0.73
Drawdown as % of equity-0.19%
($46)
Includes Typical Broker Commissions trade costs of $16.80

Statistics

  • Strategy began
    3/26/2026
  • Suggested Minimum Cap
    $25,000
  • Strategy Age (days)
    45.86
  • Age
    46 days ago
  • What it trades
    Options
  • # Trades
    71
  • # Profitable
    30
  • % Profitable
    42.30%
  • Avg trade duration
    50.6 minutes
  • Max peak-to-valley drawdown
    18.45%
  • drawdown period
    April 22, 2026 - April 30, 2026
  • Cumul. Return
    4.0%
  • Avg win
    $396.53
  • Avg loss
    $251.15
  • Model Account Values (Raw)
  • Cash
    $21,599
  • Margin Used
    $0
  • Buying Power
    $21,599
  • Ratios
  • W:L ratio
    1.16:1
  • Sharpe Ratio
    1.19
  • Sortino Ratio
    1.97
  • Calmar Ratio
    9.83
  • CORRELATION STATISTICS
  • Return of Strat Pcnt - Return of SP500 Pcnt (cumu)
    -10.65%
  • Correlation to SP500
    0.29650
  • Return Percent SP500 (cumu) during strategy life
    14.49%
  • Return Statistics
  • Ann Return (w trading costs)
    33.8%
  • Slump
  • Current Slump as Pcnt Equity
    11.30%
  • Return Statistics
  • Return Pcnt (Compound or Annual, age-based, NFA compliant)
    0.040%
  • Instruments
  • Percent Trades Options
    1.00%
  • Percent Trades Futures
    n/a
  • Slump
  • Current Slump, time of slump as pcnt of strategy life
    0.42%
  • Instruments
  • Percent Trades Stocks
    n/a
  • Short Options - Percent Covered
    100.00%
  • Return Statistics
  • Return Pcnt Since TOS Status
    -58.280%
  • Instruments
  • Percent Trades Forex
    n/a
  • Return Statistics
  • Ann Return (Compnd, No Fees)
    82.1%
  • Risk of Ruin (Monte-Carlo)
  • Chance of 10% account loss
    20.00%
  • Chance of 20% account loss
    1.00%
  • Chance of 30% account loss
    n/a
  • Chance of 40% account loss
    n/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 Automated
    97.83%
  • Risk of Ruin (Monte-Carlo)
  • Chance of 50% account loss
    n/a
  • Popularity
  • Popularity (Today)
    672
  • Popularity (Last 6 weeks)
    930
  • Popularity (7 days, Percentile 1000 scale)
    860
  • Trading Style
  • Any stock shorts? 0/1
    0
  • Popularity
  • C2 Score
    909
  • Trades-Own-System Certification
  • Trades Own System?
    Yes
  • TOS percent
    100%
  • Win / Loss
  • Avg Win
    $397
  • Avg Loss
    $251
  • Sum Trade PL (losers)
    $10,297.000
  • # Winners
    30
  • Num Months Winners
    1
  • Age
  • Num Months filled monthly returns table
    3
  • Win / Loss
  • Sum Trade PL (winners)
    $11,896.000
  • Dividends
  • Dividends Received in Model Acct
    0
  • AUM
  • AUM (AutoTrader live capital)
    57899
  • Win / Loss
  • # Losers
    41
  • % Winners
    42.2%
  • Frequency
  • Avg Position Time (mins)
    50.57
  • Avg Position Time (hrs)
    0.84
  • Avg Trade Length
    0.0 days
  • Last Trade Ago
    0
  • Leverage
  • Daily leverage (average)
    12.44
  • Daily leverage (max)
    28.83
  • Regression
  • Alpha
    -0.08
  • Beta
    0.75
  • Treynor Index
    0.19
  • Maximum Adverse Excursion (MAE)
  • MAE:Equity, average, all trades
    0.01
  • MAE:Equity, losing trades only, 95th Percentile Value for this strat
    -
  • MAE:Equity, win trades only, 95th Percentile Value for this strat
    -
  • MAE:PL (avg, winning trades)
    -
  • MAE:PL - worst single value for strategy
    -
  • MAE:PL (avg, losing trades)
    -
  • MAE:PL (avg, all trades)
    -1.01
  • Avg(MAE) / Avg(PL) - All trades
    -11.506
  • MAE:Equity, 95th Percentile Value for this strat
    0.01
  • MAE:Equity, average, winning trades
    0.01
  • MAE:Equity, average, losing trades
    0.01
  • Avg(MAE) / Avg(PL) - Winning trades
    0.443
  • Avg(MAE) / Avg(PL) - Losing trades
    -1.010
  • Hold-and-Hope Ratio
    -0.087
  • Analysis based on DAILY values, full history
  • RATIO STATISTICS
  • Ratio statistics of excess return rates
  • Statistics related to linear regression on benchmark
  • a (intercept, estimate of alpha)
    0.08700
  • Analysis based on DAILY values, last 6 months only
  • Ratio statistics of excess log return rates
  • VAR (95 Confidence Intrvl)
    0.03500
  • DRAW DOWN STATISTICS
  • Risk estimates based on draw downs (based on Extreme Value T
  • assuming Pareto losses only (using partial moments from Sortino statistics)
  • Strat Max DD how much worse than SP500 max DD during strat life?
    -355081000
  • Max Equity Drawdown (num days)
    8
  • Last 4 Months - Pcnt Negative
    0.50%

Strategy Description

0dte Day trading is a 100% automated HIgh Risk/High Reward same day expiry options strategy designed to capitalize on the intraday volatility in QQQ. The strategy determines a strong entry point to buy calls/puts based on various intraday signals and enters only a maximum of 2 trades per day. Exit will happen in multiple installments within the day. Autotrading is highly encouraged because of the importance of timing. Same performance cannot be guaranteed if the timing of buys/sells are not followed precisely.

This strategy has been backtested with real intraday data from 2022-2025. CAGR was 59.8% and max drawdown was only 9.6%. The strategy is expected to yield good risk adjusted returns, if followed correctly.

Summary Statistics

Strategy began
2026-03-26
Suggested Minimum Capital
$25,000
Rank at C2 %
Top 9.1%
Rank # 
#161
# Trades
71
# Profitable
30
% Profitable
42.3%
Correlation S&P500
0.296
Sharpe Ratio
1.19
Sortino Ratio
1.97
Beta
0.75
Alpha
-0.08
Leverage
12.44 Average
28.83 Maximum
Summary
Higher leverage = greater risk.

More information about leverage

Collective2 calculates the maximum leverage used by a strategy in each day. We then display the average of these measurements (i.e. the average daily maximum leverage) and the greatest of these measurements (maximum daily leverage).

Leverage is the ratio of total notional value controlled by a strategy divided by its Model Account equity. Generally higher leverage implies greater risk.

Example of calculation:
The Strategy buys 100 shares of stock at $12 per share.
The Model Account equity during that day is $5,000.
The leverage is: $1200 / $5,000 = 0.24

This is a useful measurement, but it should be considered in context. This measurement doesn't take into account important factors, such as when multiple positions are held that are inversely correlated. Nor does the measurement take into account the volatility of the instruments being held.

In addition, certain asset classes are inherently more leveraged than others. For example, futures contracts are highly leveraged. Forex positions are often even more leveraged than futures.

Latest Activity

subscribed on started simulation

Trade journal

  • 9/15/2018, 10:03:33 PM BTS 200 EURUSD

    We did it! It's finally here. Lorem ipsum dolor sit amet, consectetuer adipiscing elit. Aenean commodo [...]

  • 9/13/2018, 9:07:33 PM BTO 1 ETHUSD

    Lorem ipsum dolor sit amet, consectetuer adipiscing elit. Aenean commodo ligula eget dolor. Aenean massa [...]

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 under-or over-compensated 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 re-scaled downward to make current go-forward 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 per-trade 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.

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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.