SOUTH Trading System Performance (June 2011): +11.85%

SOUTH – Short Only

Direction: Long Only

Leverage Used: 2:1

Max Drawdown: -9.24%

Starting Capital: $10,000

Ending Capital: $65,025

Net Profit (Month June): $6,898

Net Profit % (Month June): 11.85% 

Net Profit (Since Inception): $55,025

Net Profit % (Since Inception): 550.26% 

June was a solid month as South trading system posted a gain of 11.85%, after making 85.39% in May!

June started with a mixed results, making as much as 6% but then lost all that and more and went to a loss of 3.5% during first half of the month. In the second half of the month, system started to make money and finished a month with a gain of 11.85%. Drawdown during this month was -9.22%.

At the end of June, South trading system made 11.85% before commissions, and a compounded gains of 550.26% (since inception in January 2011). This month’s drawdown was -9.22%, which is lower then a historical drawdown of -9.24%. It is important to understand that reported drawdown was based on loosing trades only, and that means that if a trade was profitable when it was closed, but it 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 always higher by 3-5%, so readers should know this.

Largest daily loss during the month was -7.30%, and a largerst daily gain of 8.15%.

At the end of reporting month and since inception, South trading system made a profit of $55,025 and finished a month with a balance of $55,025.

To see South's last month report click here, and other trading systems offered click here. If You would like to subscribe to this system and start reciving daily Trade Alerts,  click on the link below and fill out the form: