Last updated: August 2026.
This is the page we would want read before any other. It applies to every page of this site, to every figure published anywhere on it, and to TSOPEN itself. Read it before you buy anything, and read it again before you connect the software to an account with money in it.
Every performance figure on this site is hypothetical. The results published here are backtested simulations produced with the NinjaTrader 8 Strategy Analyzer, not the record of an actual trading account. No real money was at risk in producing them. Past performance, real or simulated, does not guarantee future results.
1. Trading futures involves a substantial risk of loss
Futures trading is not suitable for every investor, and it is not a savings product, a deposit or an investment with a floor under it. Prices move fast and against you as easily as with you. You can lose part of your capital, all of it, and (depending on the account type, the market and how fast it moves) more than you originally deposited, leaving you owing money to your broker.
A system that places a stop with every entry reduces the size of a normal loss; it does not remove the risk. Stops are orders, not guarantees. In a fast market, at a data release, on a gap or when liquidity disappears, an order can fill materially worse than the price it was placed at. Losses can also arrive in runs: a series of small controlled losses in a row is a normal, expected feature of this kind of system, not a malfunction, and it is what a drawdown is made of.
Nobody should trade futures with money needed for rent, tuition, medical costs, retirement or anything else that has a deadline attached to it.
2. Leverage
Futures are leveraged instruments. You post margin (a fraction of the value of the contract) and you control the whole contract. That is what makes small accounts able to trade index products at all, and it is what makes them able to lose quickly.
The consequence people underestimate is arithmetic, not psychology: leverage multiplies the outcome in both directions symmetrically. A move that would be a rounding error in an unleveraged account is a meaningful percentage of a margin account. Trading more contracts than the account can absorb is the single most common way a working strategy still ends in a blown account, and it is a decision the user makes, not one the software makes. If your broker or your prop firm requires more margin than you have, positions can be liquidated automatically, at whatever price is available at that moment, without warning and without your consent.
3. Hypothetical performance results
This section is the standard disclosure that must accompany simulated results, and it is here in full because it is the most important paragraph on the site.
Hypothetical performance results have many inherent limitations, some of which are described below. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown. In fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program.
One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. The strategy is designed and tested against data that already exists, and the person building it knows what happened next. In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk in actual trading. The ability to withstand losses, or to keep a system running through a losing month, is a material factor that a simulation cannot reproduce, because in a simulation nothing is lost.
More concretely, no backtest can fully account for:
- Execution. A simulated fill assumes an order that was accepted, at a price, at a moment. Real orders queue, get partially filled, get rejected, or arrive after the price has moved.
- Slippage. The difference between the price a backtest assumes and the price a live account gets, which is largest exactly when the market moves fastest. That is when this system works.
- Liquidity. Historical data shows the price that traded, not whether your size would have traded there.
- Costs. Commissions, exchange and clearing fees, data fees, platform fees, financing and taxes. The net figures on this site deduct an estimate of commissions, and an estimate is not an invoice.
- Outages and interruptions. A backtest never loses its internet connection, never has a platform update pending and never misses a session.
- Being designed after the fact. A strategy tested repeatedly against the same history can end up fitted to that history rather than to the market. That is the problem known as curve fitting, which shows up as a beautiful backtest and a disappointing live account.
- You. Simulations do not turn the machine off after a bad week. People do.
Because these limitations exist, hypothetical results should be read as a description of how a set of rules behaved on historical data, and as nothing more than that. They are not a forecast, not a projection, not a target and not a promise.
4. The specific figures published on this site
So that nothing is buried in a general disclaimer, here are the exact figures used across this site and what they are. All of them are backtested results, gross of taxes, generated in the NinjaTrader 8 Strategy Analyzer on historical data, with no real money at risk.
| Figure | Value | What it is |
|---|---|---|
| Gross profit | $274,406 | Cumulative simulated profit over the whole test period, before commissions. |
| Net profit | ≈ $260,700 | The same result after deducting an estimate of broker commissions, around 5%, at roughly $1 per micro contract. An estimate, not a settled account statement. |
| Period | 88 months | More than seven years of historical data, tested day by day. |
| Account size | $50,000 | The simulated account the test was run on, sized like a 50k funded account. |
| Trades | 4,557 | The number of trades in the report. A large sample, which makes the result harder to attribute to luck. It is still a large sample of a simulation. |
| Maximum drawdown | $4,379 | The largest peak-to-trough decline anywhere in the test. The worst stretch that happened, not a limit on what can happen. |
| Win rate | 46.2% | It loses more often than it wins. The result comes from the winners being larger, with a target at twice the risk. |
| Profit factor | 1.58 | Gross profit divided by gross loss in the simulation. |
Averages derived from these figures (profit per year, per month, per trade) are arithmetic performed on a simulated past. Dividing $260,700 by 88 months produces a monthly number; it does not produce a monthly income, and no month in the test looked like the average. Any shorter stretch quoted on this site, such as the strongest recent months of the test period, is a selected window of the same simulation and is even less representative than the whole.
You do not have to take any of it on trust, and we would rather you did not. The Strategy Analyzer ships with NinjaTrader 8; a licensed user can load the strategy, set the same period and account size, and reproduce the report themselves. Verify it rather than believe it. Then treat what you verified as what it is: a backtest.
5. The software is a tool, and nothing on this site is advice
TSOPEN is software you install and run on your own computer, in your own account, under your own control. It executes rules. It does not know your finances, your obligations, your tax position or your tolerance for a losing month, and it is not capable of taking any of them into account.
Neither Rentabilio nor Marbo Technologies OÜ is a registered broker-dealer, an investment adviser, a Commodity Trading Advisor (CTA) or a Commodity Pool Operator (CPO), and neither is registered with or approved by the SEC, the CFTC, the NFA, FINRA or any equivalent authority. Nothing on this site (no page, no guide, no article, no answer in a support ticket) is investment advice, a recommendation, a solicitation or an offer to trade. We never hold your money, never access your trading account and never place an order for you. If you want advice about your own circumstances, get it from someone licensed to give it.
6. Funded accounts are somebody else's contract
Much of this site discusses trading through proprietary trading firms, because it is the route that keeps your own capital out of the market. Be clear about what that route is: a contract between you and a third-party firm, on terms that firm writes and can change, with no involvement from us.
- You pay an evaluation fee to attempt a challenge. That fee is real money and it is generally non-refundable, including when the evaluation fails, and including when it fails on a rule rather than on a loss.
- The firm's rules govern everything: daily loss limits, trailing drawdown, consistency requirements, permitted instruments and software, news restrictions, minimum trading days, payout schedules and profit splits. Breaking one can end the account instantly, with no appeal and no refund.
- Accounts get consumed. In the recent stretch of the backtest discussed on this site, roughly 7 evaluation accounts were used up, at around $100 each. Budget for that as a recurring cost, not as a one-off.
- A funded account is not a job and the payout is not a salary. The firm can change its terms, delay or dispute a payout, or cease trading, and your recourse is with that firm.
- We may have a commercial relationship with some firms we name. That never changes the rules they apply to your account, and it never makes their fees refundable by us. Read their contract yourself, in full, before paying anything.
7. Technology risk
An automated system is only running while everything it stands on is running. Any of these will stop it, or worse, leave a position open with nobody watching:
- a power cut, a Windows update that reboots the machine, or a computer that went to sleep;
- an internet outage at your home, or one at your VPS provider;
- NinjaTrader 8 crashing, updating, disconnecting or losing its data feed;
- a broker or prop-firm platform outage, a rejected order, or a data feed delivering bad or delayed prices;
- an exchange halt, a limit move or a scheduled maintenance window;
- a configuration mistake: the wrong instrument, the wrong contract quantity, the strategy enabled on the wrong account, or two copies running at once.
The consequences are not symmetric with the convenience. A system that fails to enter costs you a trade you never had; a system that fails after entering can leave a live position without its protective orders. You are responsible for the machine, the connection and the configuration, and you should know how to flatten a position and disable a strategy in NinjaTrader 8 by hand before you need to do it in a hurry.
8. No guarantee
There is no guarantee, expressed or implied, that TSOPEN will be profitable, that it will reproduce anything published on this site, or that any pattern that worked in the past will continue to work. Markets change. A set of rules that fitted a market for seven years can stop fitting it, without warning, without anything visibly breaking, and without any way to know in advance whether a losing stretch is normal variance or the end of the edge.
By using this site or the software you accept that all trading decisions and their consequences are yours, that you are responsible for your own compliance with the law where you live, and that Marbo Technologies OÜ has no liability for trading losses, as set out in the terms.