SOUTH – Short Only
Direction: Long Only
Leverage Used: 2:1
Max Drawdown: -9.24%
Starting Capital: $10,000
Ending Capital: $58,127
Net Profit (Month May): $26,772
Net Profit % (Month May): 85.39%
Net Profit (Since Inception): $48,127
Net Profit % (Since Inception): 481.27%
In March report we said that profit of 53.16% was incredible, but we didn’t expected that thinks can be even better! In May we made more than in March, as South trading system posted a gain of 85.39%, after making 28.82% in April!
This month’s result is the best months considering all trading systems that we offer! As you can imagine, almost all trading days were profitable, finishing a month with only one down day, a day when we lost -1.06%, and this month system's drawdown is based on lhat one loosing trade.
At the end of May, South trading system made 85.39% before commissions, and a compounded gains of 481.27% (since inception in January 2011). This month’s drawdown was -1.06%, which is lower then a historical drawdown of -9.24%. 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 -1.06%, and a largerst daily gain of 11.42%.
At the end of reporting month and since inception, South trading system made a profit of $48,127 and finished a month with a balance of $58,127.
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:
