Fresh Client Win to Loss Ratio Metrics on a 1:1 basis; average winner: $233, average loser: $172, including retail futures commissions of $4.50 per round turn. MJ: January 18, 19, and 20: 11 Winners, 2 Losers background: an experienced options trader CA: January 18, 19, and 20: 4 Winners, 2 Losers background: scalped ES for about a year MH: January 3 - January 19: 37 Winners, 27 Losers background: trades physical electricity on the daily Inc/Dec markets (PJM) AF: November 11 - January 20: 65 Winners, 39 Losers background: scalped ETFs and stocks with a retail account on and off for three years **Note: these are futures positions with a SPAN intra or intercommodity spread margin credit. For example, an outright futures position in the Nymex CL crude oil contract requires an initial performance bond margin of $5,063. A Nymex CL crude oil calendar spread for consecutive months 1-2, however, requires an initial performance margin of $675 for spec retail accounts and $500 for member accounts. An example would be short 1 March CL future and long 1 April CL future. All of the positions we trade as spreads are assigned an inter or intra-commodity SPAN performance margin by the clearing exchange that is typically only about 15% to 35% of the margin required by an outright flat price futures position. Point being: you can trade futures spread positions very cheaply from a capital allocation standpoint. In terms of capital allocation efficiency and consistent net returns, it is an exceptional strategy.