Profit Taker 2 Trading System

Profit Taker 2 System
+4,517% 1995-2006

A big edge with fewer trades

If you're looking for a great edge in the market with fewer trades, this should get your attention. The winners have historically been twice the size of the losers (even accounting for commission, interest and slippage).

Simple to trade...right at the open

It's also extremely easy to trade...all you do is buy the open and place a stop order just in case. We then raise the stops when necessary...or we'll just say "sell" so we can get out the next day at the open. You know exactly when to buy and when to sell the night before.

PT2 relies on the Smart Money indicator for timing. It only trades from the long side, so it will be out of the market if the Smart Money indicator is on a sell signal.

I've compiled a thorough list of stats and graphs concerning this system below. If you don't understand some of the terms, make sure to read through our Trading Systems 101 and 201 pages.

Yearly Performance Summary
(starting with $100,000 and including commissions, interest, and slippage)

Year Days Closed Balance End Total Equity Total Equity Gain Gain % # Trades

1995 365 $131,363.23 $132,362.51 $32,362.51 32.4% 64

1996 366 $135,495.51 $135,495.51 $3,133.01 2.4% 65

1997 365 $204,471.57 $204,471.57 $68,976.05 50.9% 55

1998 365 $274,363.03 $313,279.77 $108,808.21 53.2% 56

1999 365 $758,651.41 $758,651.41 $445,371.64 142.2% 81

2000 366 $878,707.56 $878,707.56 $120,056.14 15.8% 23

2001 365 $921,202.77 $899,877.24 $21,169.69 2.4% 34

2002 365 $1,044,182.53 $1,044,182.53 $144,305.29 16.0% 42

2003 365 $1,758,366.18 $2,021,525.25 $977,342.72 93.6% 134

2004 366 $2,638,307.47 $2,638,307.47 $616,782.22 30.5% 138

2005 365 $2,938,115.15 $2,898,815.23 $260,507.76 9.9% 144

2006 361 $4,617,610.33 $4,617,610.33 $1,718,795.10 59.3% 163

Win/Loss Statistics

Wins 488 48.8%

Losses 511 51.2%

Total 999 100.0%

Winning Months 123 78.8%

Losing Months 33 21.2%

Total 156 100.0%

Average Risk Percent 0.82%

Average Win Percent 0.97%

Average Loss Percent 0.49%

Average Win Dollars $26,030.96

Average Loss Dollars $15,532.35

Average Trade Percent 0.22%

Average Trade Dollars $4,770.85

Profit Factor 1.60

Percent Profit Factor 1.87

Expectation 0.27

Trading Performance

CAGR %	34.29%
Maximum Total Equity Drawdown %	20.82%
MAR Ratio	1.65

Margin to Equity Ratio	56.19%
Daily Return %	0.1235%
Daily Geometric Return %	0.1132%
Daily Standard Deviation %	1.44%
Daily Downside Deviation %	1.27%
Daily Sharpe %	0.08
Daily Sortino %	0.09

Modified Sharpe Ratio	1.24
Annual Sharpe Ratio	0.75
Annual Sortino Ratio	+ ∞
Monthly Sharpe Ratio	0.33
Monthly Sortino Ratio	0.66
Calmar Ratio	2.09
R-Squared	0.974

Longest Total Equity Drawdown (months)	15.91
Maximum Monthly Total Equity Drawdown %	16.44%
Maximum Monthly Closed Equity Drawdown %	20.65%
Maximum Closed Equity Drawdown %	24.05%
Average Closed Equity Drawdown %	3.83%

Round Turns Per Million	1,097,331
Round Turns	20,632,766
Total Trades	999

Start Account Balance	$100,000.00
Total Win Dollars	$12,703,106.84
Total Loss Dollars	$7,937,031.38
Total Profit	$4,766,075.46
Earned Interest	$0.00
Margin Interest	$248,465.13
End Account Balance	$4,617,610.33
End Open Equity	$0.00
End Total Equity	$4,617,610.33

Highest Total Equity	$5,068,309.79
Highest Closed Equity	$4,771,789.80

Total Commissions	$206,327.66
Commission per Round Turn	$0.01
Total Slippage	$617,527.36

Monte Carlo Confidence Level Statistics

90% Return	22.47%
90% Sharpe	-0.07
90% MAR	0.83
90% R Squared	0.911
90% Maximum Drawdown	30.34%
90% Second Largest Drawdown	24.90%
90% Third Largest Drawdown	21.50%
90% Longest Drawdown	22.0
90% Second Longest Drawdown	13.6
90% Third Longest Drawdown	10.3

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The results listed herein are based on hypothetical trades. Plainly speaking, these trades were not actually executed. Hypothetical or simulated performance results have certain inherent limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, since the trades have not actually been executed, the results may have under (or over) compensated for the impact, if any, of certain market factors such as lack of liquidity. You may have done better or worse than the results portrayed.