SOUTH – Short Only
Direction: Short Only
Leverage Used: 2:1
Max Drawdown: -3.47%
Starting Capital: $10,000
Ending Capital: $13,223
Net Profit (Month January): $3,223
Net Profit % (Month January): 32.23%
Net Profit (Since Inception): $3,223
Net Profit % (Since Inception): 32.23%
January was an excellent month posting an overall gain of 32.23%! From the first trading day, system started to make money, with only two negative day during entire month! As a result, drawdown was only -3.47%.
At the end of January, South trading system made 32.23% before commissions, and that is also a compounded gain. This month’s drawdown was only -3.47%, which is very low considering that we made more then thirty percent profit.
Largest daily loss during the month was -3.47%, and the next day came largerst gain – a profit of 9.08%. At the end of this month, since inception South trading system made $3,223 and finished a month with a balance of $13,223.
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