Free Flight Trading LLC : Free Flight Program

archived programs
Year-to-Date
N / A
May Performance
0.76%
Min Investment
$ 25k
Mgmt. Fee
2.00%
Perf. Fee
20.00%
Annualized Vol
10.50%
Sharpe (RFR=1%)
0.47
CAROR
5.52%
Assets
$ 1.3M
Worst DD
-11.87
S&P Correlation
0.10

Growth of 1,000 - VAMI

Monthly Performance

Export Data
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec YTD DD

Past performance is not necessarily indicative of future results. The risk of loss in trading commodity futures, options, and foreign exchange ("forex") is substantial.

Period Returns

Program / Index May Qtr YTD 1yr 3yr 5yr 10yr Since
12/2004
Free Flight Program 0.76 - - - - - - 27.33
S&P 500 5.31 - - - - - - 185.84
+/- S&P 500 -4.55 - - - - - - -158.51

Strategy Description

Summary

-The Free Flight is a mechanical trading system. Pattern recognitions or patterns are the basis for these trading systems. These programs are 100 percent automated using the Tradestation platform through the Ninja Trader Platform for execution. The market data is analyzed on an... Read More

Account & Fees

Type Managed Account
Minimum Investment $ 25k
Trading Level Incremental Increase $ 0k
CTA Max Funding Factor
Management Fee 2.00%
Performance Fee 20.00%
Average Commission $6.00
Available to US Investors Yes

Subscriptions

High Water Mark No
Subscription Frequency Anytime
Redemption Frequency Anytime
Investor Requirements Any Investor
Lock-up Period 0

Trading

Trading Frequency 7000 RT/YR/$M
Avg. Margin-to-Equity 20%
Targeted Worst DD -10.00%
Worst Peak-to-Trough 11.87%
Sector Focus Not Specified

Holding Periods

Over 12 Months 0%
4-12 Months 0%
1-3 Months 0%
1-30 Days
Intraday 100.00%

Decision-Making

Discretionary 0%
Systematic 100.00%

Strategy

Counter-trend
40.00%
Fundamental
80.00%
Spreading/hedging
10.00%
Trend-following
50.00%
Strategy Pie Chart

Summary

-The Free Flight is a mechanical trading system. Pattern recognitions or patterns are the basis for these trading systems. These programs are 100 percent automated using the Tradestation platform through the Ninja Trader Platform for execution. The market data is analyzed on an intraday basis and traded only on an intraday basis. Positions are never taken overnight and all positions are exited by the end of the regular session of trading.

Investment Strategy

The Free Flight program uses technical analysis to discern price patterns. These pattern recognitions include breakout strategies, reversion to the mean and several other types of pattern recognition strategies.

Risk Management

Free Flight employs rigorous money management techniques which are volatility based in an attempt to reduce the risk associated with the program. Stop loss orders are placed to limit potential losses or protect profits. Market conditions are monitored on a daily basis to determine liquidity concerns, range of movement and implied volatility measured against historical volatility. The number of contracts traded is determined by the volatility of the specified contract meaning the higher volatility the less amount of contracts are traded.

   

Past performance is not necessarily indicative of future results. The risk of loss in trading commodity futures, options, and foreign exchange ("forex") is substantial.

Reward
Average RoR:
Max Gain:
Gain Frequency:
Average Gain:
Gain Deviation:
Risk
Standard Deviation:
Worst Loss:
Loss Frequency:
Average Loss:
Loss Deviation:
Reward/Risk
Sharpe Ratio: (RF=1%)
Skewness:
Kurtosis:
Reward
Compound RoR:
Average RoR:
Max Gain:
Gain Frequency:
Average Gain:
Gain Deviation:
Risk
Standard Deviation:
Worst Loss:
Loss Frequency:
Average Loss:
Loss Deviation:
Reward/Risk
Sharpe Ratio: (RF=1%)
Skewness:
Kurtosis:

Past performance is not necessarily indicative of future results. The risk of loss in trading commodity futures, options, and foreign exchange ("forex") is substantial.

Note: Figures shown in the Monthly column are the greatest figures (or worst for losses/drawdowns) for any particular month. The Annual figures are the greatest for any calendar year.

Drawdown Report

Depth Length (Mos.) Recovery (Mos.) Peak Valley
-11.87 19 - 10/1/2006 5/1/2008
-8.37 2 3 6/1/2005 8/1/2005
-3.12 2 1 11/1/2005 1/1/2006
-3.11 1 1 8/1/2006 9/1/2006
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Consecutive Gains

Run-up Length (Mos.) Start End
20.87 7 2/1/2006 8/1/2006
19.52 7 12/1/2004 6/1/2005
11.24 3 9/1/2005 11/1/2005
9.25 3 9/1/2007 11/1/2007
5.00 2 6/1/2008 7/1/2008
3.73 1 10/1/2006 10/1/2006
3.64 1 9/1/2008 9/1/2008
3.58 3 11/1/2008 1/1/2009
2.48 1 2/1/2008 2/1/2008
1.97 1 6/1/2007 6/1/2007
0.80 3 2/1/2007 4/1/2007
0.76 1 5/1/2009 5/1/2009
0.32 1 4/1/2008 4/1/2008
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Consecutive Losses

Run-up Length (Mos.) Start End
-9.65 2 12/1/2007 1/1/2008
-8.37 2 7/1/2005 8/1/2005
-7.27 3 11/1/2006 1/1/2007
-5.26 1 10/1/2008 10/1/2008
-4.17 3 2/1/2009 4/1/2009
-3.37 1 5/1/2008 5/1/2008
-3.12 2 12/1/2005 1/1/2006
-3.11 1 9/1/2006 9/1/2006
-3.04 2 7/1/2007 8/1/2007
-2.32 1 5/1/2007 5/1/2007
-2.28 1 8/1/2008 8/1/2008
-0.43 1 3/1/2008 3/1/2008
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Time Windows Analysis

 1 Month3 Month6 Month12 Month18 Month2 Year3 Year
Number of Periods54.0052.0049.0043.0037.0031.0019.00
Percent Profitable62.9651.9255.1058.1459.4658.0689.47
Average Period Return0.491.372.634.896.927.4513.23
Average Gain2.345.587.4811.4315.3616.6615.10
Average Loss-2.65-3.17-3.32-4.20-5.46-5.30-2.65
Best Period8.2812.1517.8830.2735.7339.1841.40
Worst Period-7.60-7.41-10.63-9.86-9.95-11.21-3.14
Standard Deviation3.035.266.9510.2613.6613.5811.87
Gain Standard Deviation1.863.415.348.5311.3410.2611.10
Loss Standard Deviation1.762.222.792.623.272.880.69
Sharpe Ratio (1%)0.140.210.310.380.400.400.86
Average Gain / Average Loss0.881.762.262.722.813.155.69
Profit / Loss Ratio1.501.902.773.784.134.3648.37
Downside Deviation (10%)2.143.404.306.358.8210.528.96
Downside Deviation (5%)1.962.813.143.754.875.061.96
Downside Deviation (0%)1.922.672.883.184.023.870.88
Sortino Ratio (10%)0.040.040.04-0.02-0.08-0.27-0.28
Sortino Ratio (5%)0.210.400.681.041.111.085.20
Sortino Ratio (0%)0.260.510.921.541.721.9315.11

Top Performer Badges

Index Award Type Rank Performance Period

Past performance is not necessarily indicative of future results. The risk of loss in trading commodity futures, options, and foreign exchange ("forex") is substantial.