TradeStation Strategy Performance Report
	TradeStation  Strategy Performance Report - Belly Trader @PB-Daily (12/22/1999-1/31/2003)                                        (12/22/1999-1/31/2003)
	Strategy Analysis
	Net Profit		$72,660.00		Open Position		$3,430.00
	Gross Profit		$97,020.00		Interest Earned		$1,328.77
	Gross Loss		($24,360.00)		Commission Paid		$0.00
	Percent profitable		75.00%		Profit factor		3.98
	Ratio avg. win/avg. loss		1.33		Adjusted profit factor		2.58
	Annual Rate of Return		22.18%		Sharpe Ratio		N/A
	Return on Initial Capital		72.66%		Return Retracement Ratio		4.43
	Return on Max. Drawdown		264.41%		K-Ratio		N/A
	Buy/Hold return		36.92%		RINA Index		36.11
	Cumulative return		72.66%		Percent in the market		91.47%
	Adjusted Net Profit		$49,457.87		Select Net Profit		$72,660.00
	Adjusted Gross Profit		$80,850.00		Select Gross Profit		$97,020.00
	Adjusted Gross Loss		($31,392.13)		Select Gross Loss		($24,360.00)
	Total Trade Analysis
	Number of total trades		48
	Average trade		$1,513.75		Avg. trade ± 1 STDEV		$4,433.19	/	($1,405.69)
	1 Std. Deviation (STDEV)		$2,919.44		Coefficient of variation		192.86%
	Run-up
	Maximum Run-up		$8,100.00		Max. Run-up Date		9/19/2000
	Average Run-up		$2,568.82		Avg. trade ± 1 STDEV		$4,700.00	/	$437.64
	1 Std. Deviation (STDEV)		$2,131.18		Coefficient of variation		82.96%
	Drawdown
	Maximum Drawdown		($9,060.00)		Max. Drawdown Date		6/10/2002
	Average Drawdown		($2,199.61)		Avg. trade ± 1 STDEV		$0.00	/	($4,413.21)
	1 Std. Deviation (STDEV)		$2,213.61		Coefficient of variation		100.64%
	Reward/Risk Ratios
	Net Prft/Largest Loss		11.93		Net Prft/Max Drawdown		8.02
	Adj Net Prft/Largest Loss		8.12		Adj Net Prft/Max Drawdown		5.46
	Outlier Trades		Total Trades	Profit/Loss
	Positive outliers		0	$0.00
	Negative outliers		0	$0.00
	Total outliers		0	$0.00
	Efficiency Analysis
	Total Efficiency
	Average Total Efficiency		31.84%		Avg. trade ± 1 STDEV		79.82%	/	-16.14%
	1 Std. Deviation (STDEV)		47.98%		Coefficient of variation		150.68%
	Entry Efficiency
	Average Entry Efficiency		53.45%		Avg. trade ± 1 STDEV		83.86%	/	23.04%
	1 Std. Deviation (STDEV)		30.41%		Coefficient of variation		56.90%
	Exit Efficiency
	Average Exit Efficiency		78.39%		Avg. trade ± 1 STDEV		101.26%	/	55.53%
	1 Std. Deviation (STDEV)		22.86%		Coefficient of variation		29.17%
	Open Position Analysis
			Open	Average	Percent
			Position	Trade	of Average
	Unrealized Profit/Loss		$3,430.00	$1,513.75	126.59%
	Time in trade (Days)		23.00	52.98	43.41%