The honest numbers.

REQUIRED DISCLOSURE CFTC Rule 4.41(b) · NFA 2-29(c)

Hypothetical performance. Not past results of a live account.

HYPOTHETICAL PERFORMANCE RESULTS HAVE MANY INHERENT LIMITATIONS. 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.

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. FOR EXAMPLE, THE ABILITY TO WITHSTAND LOSSES OR TO ADHERE TO A PARTICULAR TRADING PROGRAM IN SPITE OF TRADING LOSSES ARE MATERIAL POINTS WHICH CAN ALSO ADVERSELY AFFECT ACTUAL TRADING RESULTS.

THERE ARE NUMEROUS OTHER FACTORS RELATED TO THE MARKETS IN GENERAL OR TO THE IMPLEMENTATION OF ANY SPECIFIC TRADING PROGRAM WHICH CANNOT BE FULLY ACCOUNTED FOR IN THE PREPARATION OF HYPOTHETICAL PERFORMANCE RESULTS AND ALL OF WHICH CAN ADVERSELY AFFECT ACTUAL TRADING RESULTS.

Read full regulatory disclosures →

Equity curve (back-tested, hypothetical)

HYPOTHETICAL — see disclosure

Back-tested hypothetical equity curve snapshot. All figures subject to CFTC Rule 4.41 disclosure above.

Returns (hypothetical)

30-day return +4.20%

90-day return +11.80%

Since inception +28.40%

Risk (hypothetical)

Current drawdown -1.20%

Max drawdown (30d) -3.80%

Sharpe (30d, annualized) 1.84

All figures shown above are results of a paper-sim back-test through 2026-04-23 and are hypothetical. See the required disclosure above and the full regulatory disclosures.

Methodology: walk-forward optimization with 70/30 in-sample / out-of-sample split. Costs modeled at retail-broker commission + 1-tick slippage. No compounding assumed beyond the period shown. The live equity feed and per-trade journal ship in v1.1 and will be clearly labeled as such — separately from any hypothetical figures.