Simulated Trading Magic Performance (from: March 1, 2001 thru present) $616,050 net profit after $104,550 slippage and commission (Slippage: $30 per contract per side; commission: $12.50 per contract per side)
	Equity Curve Weekly Trades Performance Summary Monthly Returns Download Perf Report	TradeStation TradeManager Performance Report TMSell19d2, @SP.P, 30 min, 3/1/2001 10:00:00 AM - 12/31/2004 4:15:00 PM Display: Column View Table View   TradeStation Performance Summary     All Trades Long Trades Short Trades Total Net Profit $616,050.00 $356,495.00 $259,555.00 Gross Profit $1,172,585.00 $675,755.00 $496,830.00 Gross Loss ($556,535.00) ($319,260.00) ($237,275.00) Profit Factor 2.11 2.12 2.09         Open Position P/L $0.00 $0.00 $0.00         Select Total Net Profit $490,660.00 $237,065.00 $253,595.00 Select Gross Profit $1,033,905.00 $549,555.00 $484,350.00 Select Gross Loss ($543,245.00) ($312,490.00) ($230,755.00) Select Profit Factor 1.90 1.76 2.10         Adjusted Total Net Profit $531,935.95 $292,371.64 $204,956.52 Adjusted Gross Profit $1,122,031.27 $636,411.02 $464,958.34 Adjusted Gross Loss ($590,095.32) ($344,039.38) ($260,001.82) Adjusted Profit Factor 1.90 1.85 1.79         Total Number of Trades 813 461 352 Percent Profitable 66.17% 63.99% 69.03% Winning Trades 538 295 243 Losing Trades 275 166 109 Even Trades 0 0 0         Avg. Trade Net Profit $757.75 $773.31 $737.37 Avg. Winning Trade $2,179.53 $2,290.69 $2,044.57 Avg. Losing Trade ($2,023.76) ($1,923.25) ($2,176.83) Ratio Avg. Winning:Avg. Losing 1.08 1.19 0.94 Largest Winning Trade $27,080.00 $27,080.00 $12,480.00 Largest Losing Trade ($6,770.00) ($6,770.00) ($6,520.00) Largest Winner as % of Gross Profit 2.31% 4.01% 2.51% Largest Loser as % of Gross Loss 1.22% 2.12% 2.75%         Net Profit as % of Largest Loss 9099.70% 5265.81% 3980.90% Select Net Profit as % of Largest Loss 7247.56% 3501.70% 3889.49% Adjusted Net Profit as % of Largest Loss 7857.25% 4318.64% 3143.50%         Max. Consecutive Winning Trades 15 11 14 Max. Consecutive Losing Trades 5 5 5 Avg. Bars in Total Trades 7.31 7.84 6.61 Avg. Bars in Winning Trades 7.97 8.94 6.79 Avg. Bars in Losing Trades 6.01 5.89 6.19 Avg. Bars in Even Trades 0.00 0.00 0.00 Max. Shares/Contracts Held 2 2 2 Account Size Required $15,445.00 $17,520.00 $16,195.00 Total Slippage $73,800.00 $41,280.00 $32,520.00 Total Commission $30,750.00 $17,200.00 $13,550.00         Return on Initial Capital 616.05% Annual Rate of Return 51.72% Buy & Hold Return 0.41% Return on Account 3988.67%     Avg. Monthly Return $13,818.50     Std. Deviation of Monthly Return $12,432.56             Return Retracement Ratio 0.86     RINA Index 1325.77     Sharpe Ratio 0.92     K-Ratio n/a             Trading Period 3 Yrs, 9 Mths, 20 Dys, 5 Hrs, 15 Mins     Percent of Time in the Market 31.01% Time in the Market 1 Yr, 2 Mths, 4 Dys, 1 Hr     Longest Flat Period 15 Dys, 3 Hrs             Max. Equity Run-up $628,995.00     Date of Max. Equity Run-up 11/10/04 15:00     Max. Equity Run-up as % of Initial Capital 628.99%       Max. Drawdown (Intra-day Peak to Valley)  Value ($19,530.00) ($19,270.00) ($19,545.00) Date 06/17/03 16:00     as % of Initial Capital 19.53% 19.55% 19.27% Net Profit as % of Drawdown 3154.38% 1850.00% 1327.99% Select Net Profit as % of Drawdown 2512.34% 1230.23% 1297.49% Adjusted Net Profit as % of Drawdown 2723.69% 1517.24% 1048.64%         Max. Drawdown (Trade Close to Trade Close) Value ($15,445.00) ($17,520.00) ($16,195.00) Date 10/03/03 13:00     as % of Initial Capital 15.44% 17.52% 16.20% Net Profit as % of Drawdown 3988.67% 2034.79% 1602.69% Select Net Profit as % of Drawdown 3176.82% 1353.11% 1565.88% Adjusted Net Profit as % of Drawdown 3444.07% 1668.79% 1265.55%         Max. Trade Drawdown ($6,600.00) ($6,600.00) ($6,350.00)                   All Trades   Total Net Profit $616,050.00    Profit Factor 2.11 Gross Profit $1,172,585.00    Gross Loss ($556,535.00) Open Position Profit/Loss $0.00 Select Total Net Profit $490,660.00    Select Profit Factor 1.90 Select Gross Profit $1,033,905.00    Select Gross Loss ($543,245.00) Adjusted Total Net Profit $531,935.95    Adjusted Profit Factor 1.90 Adjusted Gross Profit $1,122,031.27    Adjusted Gross Loss ($590,095.32) Total Number of Trades 813    Percent Profitable 66.17% Winning Trades 538    Losing Trades 275 Even Trades 0 Avg. Trade Net Profit $757.75    Ratio Avg. Win:Avg. Loss 1.08 Avg. Winning Trade $2,179.53    Avg. Losing Trade ($2,023.76) Largest Winning Trade $27,080.00    Largest Losing Trade ($6,770.00) Largest Winner as % of Gross Profit 2.31%    Largest Loser as % of Gross Loss 1.22% Net Profit as % of Largest Loss 9099.70% Slct. Net Profit as % of Largest Loss 7247.56%    Adj. Net Profit as % of Largest Loss 7857.25% Max. Consecutive Winning Trades 15    Max. Consecutive Losing Trades 5 Avg. Bars in Winning Trades 7.97    Avg. Bars in Losing Trades 6.01 Avg. Bars in Total Trades 7.31 Max. Shares/Contracts Held 2    Account Size Required $15,445.00 Total Commission $30,750.00    Total Slippage $73,800.00 Return on Initial Capital 616.05%    Annual Rate of Return 51.72% Buy and Hold Return 0.41%    Return on Account 3988.67% Avg. Monthly Return $13,818.50    Std. Deviation of Monthly Return $12,432.56 Return Retracement Ratio 0.86    RINA Index 1325.77 Sharpe Ratio 0.92    K-Ratio n/a Trading Period 3 Yrs, 9 Mths, 20 Dys, 5 Hrs, 15 Mins    Percent of Time in the Market 31.01% Time in the Market 1 Yr, 2 Mths, 4 Dys, 1 Hr    Longest Flat Period 15 Dys, 3 Hrs Max. Equity Run-up $628,995.00 Date of Max. E. Run-up 11/10/04 15:00    Max. E. Run-up as % of Initial Capital 628.99% Max. Drawdown (Intra-day Peak to Valley)    Max. Drawdown (Trade Close to Trade Close) Value ($19,530.00)    Value ($15,445.00) Date 06/17/03 16:00    Date 10/03/03 13:00 as % of Initial Capital 19.53%    as % of Initial Capital 15.44% Net Profit as % of Drawdown 3154.38%    Net Profit as % of Drawdown 3988.67% Slct. Net Profit as % of Drawdown 2512.34%    Slct. Net Profit as % of Drawdown 3176.82% Adj. Net Prof as % of Drawdown 2723.69%    Adj. Net Profit as % of Drawdown 3444.07% Max. Trade Drawdown ($6,600.00)     Long Trades Total Net Profit $356,495.00    Profit Factor 2.12 Gross Profit $675,755.00    Gross Loss ($319,260.00) Open Position Profit/Loss $0.00 Select Total Net Profit $237,065.00    Select Profit Factor 1.76 Select Gross Profit $549,555.00    Select Gross Loss ($312,490.00) Adjusted Total Net Profit $292,371.64    Adjusted Profit Factor 1.85 Adjusted Gross Profit $636,411.02    Adjusted Gross Loss ($344,039.38) Total Number of Trades 461    Percent Profitable 63.99% Winning Trades 295    Losing Trades 166 Even Trades 0 Avg. Trade Net Profit $773.31    Ratio Avg. Win:Avg. Loss 1.19 Avg. Winning Trade $2,290.69    Avg. Losing Trade ($1,923.25) Largest Winning Trade $27,080.00    Largest Losing Trade ($6,770.00) Largest Winner as % of Gross Profit 4.01%    Largest Loser as % of Gross Loss 2.12% Max. Consecutive Winning Trades 11    Max. Consecutive Losing Trades 5 Avg. Bars in Winning Trades 8.94    Avg. Bars in Losing Trades 5.89 Avg. Bars in Total Trades 7.84 Max. Shares/Contracts Held 2    Account Size Required $17,520.00 Total Commission $17,200.00    Total Slippage $41,280.00       Net Profit as % of Largest Loss 5265.81% Slct. Net Profit as % of Largest Loss 3501.70%    Adj. Net Profit as % of Largest Loss 4318.64% Max. Drawdown (Intra-day Peak to Valley)    Max. Drawdown (Trade Close to Trade Close) Value ($19,270.00)    Value ($17,520.00) as % of Initial Capital 19.55%    as % of Initial Capital 17.52% Net Profit as % of Drawdown 1850.00%    Net Profit as % of Drawdown 2034.79% Slct. Net Profit as % of Drawdown 1230.23%    Slct. Net Profit as % of Drawdown 1353.11% Adj. Net Prof as % of Drawdown 1517.24%    Adj. Net Profit as % of Drawdown 1353.11% Max. Trade Drawdown ($6,600.00)   Short Trades Total Net Profit $259,555.00    Profit Factor 2.09 Gross Profit $496,830.00    Gross Loss ($237,275.00) Open Position Profit/Loss $0.00 Select Total Net Profit $253,595.00    Select Profit Factor 2.10 Select Gross Profit $484,350.00    Select Gross Loss ($230,755.00) Adjusted Total Net Profit $204,956.52    Adjusted Profit Factor 1.79 Adjusted Gross Profit $464,958.34    Adjusted Gross Loss ($260,001.82)       Total Number of Trades 352    Percent Profitable 69.03% Winning Trades 243    Losing Trades 109 Even Trades 0 Avg. Trade Net Proft $737.37    Ratio Avg. Win:Avg. Loss 0.94 Avg. Winning Trade $2,044.57    Avg. Losing Trade ($2,176.83) Largest Winning Trade $12,480.00    Largest Losing Trade ($6,520.00) Largest Winner as % of Gross Profit 2.51%    Largest Loser as % of Gross Loss 2.12% Max. Consecutive Winning Trades 14    Max. Consecutive Losing Trades 5 Avg. Bars in Winning Trades 6.79    Avg. Bars in Losing Trades 6.19 Avg. Bars in Total Trades 6.61 Max. Shares/Contracts Held 2    Account Size Required $16,195.00 Total Slippage $32,520.00    Total Commission $13,550.00 Net Profit as % of Largest Loss 3980.90% Slct. Net Profit as % of Largest Loss 3889.49%    Adj. Net Profit as % of Largest Loss 3143.50% Max. Drawdown (Intra-day Peak to Valley)    Max. Drawdown (Trade Close to Trade Close) Value ($19,545.00)    Value ($16,195.00) as % of Initial Capital 19.27%    as % of Initial Capital 16.20% Net Profit as % of Drawdown 1327.99%    Net Profit as % of Drawdown 1602.69% Slct. Net Profit as % of Drawdown 1297.49%    Slct. Net Profit as % of Drawdown 1565.88% Adj. Net Prof as % of Drawdown 1048.64%    Adj. Net Prof as % of Drawdown 1265.55% Max. Trade Drawdown ($6,350.00)   Created by TradeStation: 1/5/2005 4:35:16 PM, Copyright (c) 1991-2004 TradeStation Technologies, Inc.