SOUTH Trading System Performance (March 2011): +53.16%

SOUTH – Short Only

Direction: Short Only

Leverage Used: 2:1

Max Drawdown: -5.37%

Starting Capital: $10,000

Ending Capital: $24,340

Net Profit (Month March): $8,448

Net Profit % (Month March): 53.16% 

Net Profit (Since Inception): $14,340

Net Profit % (Since Inception): 143.41% 

Things cannot be better! March was an incredible month for our system posting an overall gain of 53.16%, after making 32.23% in February! Like last month, system started to make profits from the first trading day, having only three negative days and finishing a month with a all time high! Drawdown based on loosing trades in February was less than reported -5.36%.

At the end of March, South trading system made 53.16% before commissions, and a compounded gains of 143.41% (since inception in January 2011). This month’s drawdown was -3.83%, which is less then a historical drawdown of -5.37%. It is important to understand that reported drawdown was based on loosing trades only, which means that if a trade was profitable when closed, but had a loss while it was opened (because of natural contractions of the market), that loss would not be reported by our drawdown calculations! Real drawdown is allways higher by 3-5%, so readers should know this.

Largest daily loss during the month was -2.90%, and a largerst daily gain of 10.27%.

At the end of this month, since inception South trading system made $14,340 and finished a month with a balance of $24,340.

To see South's last month report click here, and other trading systems offered click here.