Chuck Le Beau's System Traders Club

System Results Report

Prudent S&P 1.4  SP.LNG-Daily   10/17/88 - 07/30/99			 

	Performance Summary:  All Trades		 

Total net profit	$ 153012.50	Open position P/L	$      0.00
Gross profit    	$ 256225.00	Gross loss      	$-103212.50

Total # of trades	     158	Percent profitable	      65%
Number winning trades	     102	Number losing trades	      56

Largest winning trade	$  19350.00	Largest losing trade	$  -4175.00
Average winning trade	$   2512.01	Average losing trade	$  -1843.08
Ratio avg win/avg loss	       1.36	Avg trade(win & loss)	$    968.43

Max consec. winners	       8	Max consec. losers	       5
Avg # bars in winners	       4	Avg # bars in losers	       3

Max intraday drawdown	$ -11825.00		 
Profit factor   	       2.48	Max # contracts held	       1
Account size required	$  11825.00	Return on account	    1294%


	Performance Summary:  Long Trades		 

Total net profit	$ 153012.50	Open position P/L	$      0.00
Gross profit    	$ 256225.00	Gross loss      	$-103212.50

Total # of trades	     158	Percent profitable	      65%
Number winning trades	     102	Number losing trades	      56

Largest winning trade	$  19350.00	Largest losing trade	$  -4175.00
Average winning trade	$   2512.01	Average losing trade	$  -1843.08
Ratio avg win/avg loss	       1.36	Avg trade(win & loss)	$    968.43

Max consec. winners	       8	Max consec. losers	       5
Avg # bars in winners	       4	Avg # bars in losers	       3

Max intraday drawdown	$ -11825.00		 
Profit factor   	       2.48	Max # contracts held	       1
Account size required	$  11825.00	Return on account	    1294%


	Performance Summary:  Short Trades		 

Total net profit	$      0.00	Open position P/L	$      0.00
Gross profit    	$      0.00	Gross loss      	$      0.00

Total # of trades	       0	Percent profitable	       0%
Number winning trades	       0	Number losing trades	       0

Largest winning trade	$      0.00	Largest losing trade	$      0.00
Average winning trade	$      0.00	Average losing trade	$      0.00
Ratio avg win/avg loss	     100.00	Avg trade(win & loss)	$      0.00

Max consec. winners	       0	Max consec. losers	       0
Avg # bars in winners	       0	Avg # bars in losers	       0

Max intraday drawdown	$      0.00		 
Profit factor   	     100.00	Max # contracts held	       0
Account size required	$      0.00	Return on account	       0%


To view an equity chart based on the above trades go to:

 http://www.traderclub.com/systems_prudent.htm

PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS.

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.  SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT.  NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN.


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