Direction: Short Only
Leverage Used: 2:1
Max Drawdawn: -3.04%
Starting Capital: $10,000
Ending Capital: $14,185
Net Profit (Month February): $1,836
Net Profit % (Month February): 14.87%
Net Profit (Since Inception): $4,185
Net Profit % (Since Inception): 41.86%
System made very good profits this month also – 14.87%! Maximum drawdown is based only on losing trades ie. If winning position had a one time loss of 5%, it would not be reported buy our platform. But if it was exited with a loss of 5%, that would increase final drawdown figure. As a result one should not pay to much attention to this figure, because it is not reliable. Real drawdown is usually higher by 3-5% at least.
In February 2011, system made a profit of 14.87% with a -3.04% drawdown. First chart below shows daily profit and loss made during this month.
As it can be seen from the chart, largest daily loss was -2.12% and largest daily gain was 4.56%.
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