Great Leverage Simulator by the way 
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How do C2 computers calculate leverage for options, by the way? They still need to know the delta value of the option in real time , so I am not sure how they do it.
And more importantly, how do they calculate leverage for a spread option trade, when the trader is both long and short an option call, at the same time, at slightly different strike prices?
Here is an extreme example: I am both short and long a futures contract, at the same price. The value of the contract is $300 000 and my capital is $3 000.
What is my leverage?
What leverage would appear on my C2 track record if I had this spread position on?
100?
200?
Zero?
Some negative number?
I am pretty sure that C2 will put a leverage of 100 on the stats page, even though I cannot possibly lose a penny on this spread trade, no matter what the market is doing.
c2 closed my spy short leg now my spread is all messed up 
Is the long leg of the spread currently profitable?
Brokers do not necessarily close your position if you have a negative balance, they will simply ask you to deposit enough money to cover the deficit and the required margin.
Plus a trading account can briefly go into negative territory and recover completely a few minutes/hours later.
Sure.
Look at the Duke brothers for instance, they lost more than they had in their trading account ($394 MILLIONS in a few minutes), and yet their broker did not close their position but just issued a margin call.
I wonder what EP Capital’s real life broker did…
You have $10k in your trading account. The maket goes against you and at 10:15 AM your total trading balance is minus $1 000 (a negative balance).
4 minutes later, the market makes a huge U-Turn and you are up $17K . Your balance is now $16K. Two minutes later you initiate a new position.
C2 members will look at your track record and notice that your account went into negative territory.
Then they will scratch their head and say : “How come this member is still trading even though he had a negative balance?!?”
it was the long leg not the short one, my mistake and its currently not profitable.
Sorry to hear that.
Since you are no longer hedged the appropriate course of action is to liquidate the short leg, unless you have reasons to believe that it will also be profitable, or at least break-even.
Not too worried about it, I think the market is gonna keep heading down so I will just wait and cut my losses if need be.
Hmm… I am not so sure about that.
On the daily chart SPY found support around 370 ten days ago, then broke the 390 resistance and is now trying to reach the 410 level.
We can also see that this market already completed 2 higher highs and 2 higher lows on the 90 min time frame, a serious bullish formation.
A clear breakout above 400 could spell trouble for the bears, at least in the short term.
Anyway, let’s see.
We will likely see a breakdown, along with macro events like inflation and consumer confidence adding to the fire.
We will see.
Wow, look at that recovery, EP, great to see that turn around for you. Looks like C2 did you a favor by leaving only the short leg! 
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Watch out for the FOMC press conference tomorrow - 2:30 PM EST -, it could mess up your trade in a heartbeat.
trade is done although with a draw down of 100% lol, which isn’t even correct its miscalculated I believe but got out with a total of 500% return in a few weeks.
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I was actually banking on the fed
According to your own calculations, what is the real drawdown of your system then, so far?
About 60-70% if I would of waited another day it would of gone to 90-100%.
