§ 02PerformanceVERTEX · 2019.12 → 2026.04

The strategy,
validated in data.

Years of point in time systematic backtesting across multiple instruments using verified CME data, followed by six months of live forward testing.

Strategy · VTX2019.12 → 2026.04

I / NET RETURN

+829%

Dec 2019 to Apr 2026 (backtest and live).

II / SHARPE RATIO

2.19

Risk adjusted returns backtesting and live execution.

III / MAX DRAWDOWN

13.9%

Peak-to-trough drawdown. Recovered within 4 months.

§ 03Equity growthTRADE-BY-TRADE EQUITY · DEC 2019 → APR 2026

Historical Performance data.

NET OF $293K COMMISSION · $117K SLIPPAGE

VERTEX equity · $1.5M → $13.94M

Net profit$12,442,385

Profit factor1.48

Win rate59.6%

Total trades1,928

Sortino4.760

Drawdown from peak equityMax -13.92%

§ 04Trade logCOMPLETE CHRONOLOGICAL LIST · FILTER · SEARCH · SORT

All 1,928 trades.

EVERY EXECUTION SINCE INCEPTION

1,928 / 1,928 TRADES

#	Dir	Date	Entry	Contracts	P&L	R	Equity	Result
1	↑ Long	2019-12-11	11,453.25	669	+$20.9K	0.14R	$0.02M	W
2	↑ Long	2019-12-11	11,453.75	714	+$21.6K	0.14R	$0.04M	W
3	↓ Short	2019-12-12	11,452.50	986	−$30.8K	-0.13R	$0.01M	L
4	↓ Short	2019-12-13	11,509.00	576	−$35.5K	-0.27R	$-0.02M	L
5	↑ Long	2019-12-16	11,621.25	974	+$40.7K	0.18R	$0.02M	W
6	↑ Long	2019-12-16	11,643.00	585	−$994	0.00R	$0.02M	L
7	↑ Long	2019-12-18	11,662.25	2000	−$23.4K	-0.05R	$-0.01M	L
8	↑ Long	2019-12-18	11,668.00	1136	−$38.3K	-0.14R	$-0.05M	L
9	↑ Long	2019-12-19	11,673.00	1595	+$124.9K	0.34R	$0.08M	W
10	↑ Long	2019-12-19	11,675.75	1013	+$36.8K	0.16R	$0.12M	W
11	↑ Long	2019-12-20	11,754.75	641	−$9.7K	-0.06R	$0.11M	L
12	↑ Long	2019-12-23	11,775.00	1470	−$38.5K	-0.11R	$0.07M	L
13	↓ Short	2019-12-24	11,762.50	1923	+$577	0.00R	$0.07M	W
14	↑ Long	2019-12-26	11,784.00	2000	+$228.6K	0.49R	$0.30M	W
15	↑ Long	2019-12-26	11,800.25	862	+$36.9K	0.18R	$0.33M	W
16	↓ Short	2019-12-27	11,866.50	1171	+$91.7K	0.33R	$0.43M	W
17	↑ Long	2019-12-31	11,763.25	576	+$173	0.00R	$0.43M	W
18	↓ Short	2020-01-02	11,877.50	806	+$1.0K	0.01R	$0.43M	W
19	↓ Short	2020-01-02	11,855.00	510	−$37.8K	-0.31R	$0.39M	L
20	↑ Long	2020-01-03	11,850.75	483	+$3.3K	0.03R	$0.39M	W
21	↑ Long	2020-01-03	11,880.25	259	−$13.9K	-0.22R	$0.38M	L
22	↑ Long	2020-01-06	11,840.00	260	+$37.3K	0.61R	$0.42M	W
23	↑ Long	2020-01-07	11,916.75	433	−$20.0K	-0.19R	$0.40M	L
24	↓ Short	2020-01-08	11,889.25	1119	−$47.2K	-0.17R	$0.35M	L
25	↓ Short	2020-01-09	12,035.00	700	+$37.0K	0.22R	$0.39M	W
26	↓ Short	2020-01-10	12,055.25	675	−$30.5K	-0.18R	$0.35M	L
27	↓ Short	2020-01-10	12,044.00	468	+$24.0K	0.22R	$0.38M	W
28	↑ Long	2020-01-13	12,066.50	1119	+$124.5K	0.46R	$0.50M	W
29	↑ Long	2020-01-13	12,077.00	555	+$37.1K	0.28R	$0.54M	W
30	↓ Short	2020-01-14	12,089.00	539	−$38.6K	-0.29R	$0.50M	L
31	↑ Long	2020-01-15	12,111.75	892	+$6.1K	0.03R	$0.51M	W
32	↑ Long	2020-01-15	12,126.00	528	−$37.9K	-0.29R	$0.47M	L
33	↑ Long	2020-01-16	12,141.00	1027	+$4.4K	0.02R	$0.47M	W
34	↑ Long	2020-01-16	12,157.25	630	−$37.9K	-0.24R	$0.44M	L
35	↓ Short	2020-01-17	12,197.75	1136	+$2.0K	0.01R	$0.44M	W
36	↓ Short	2020-01-17	12,179.50	436	−$37.8K	-0.35R	$0.40M	L
37	↑ Long	2020-01-21	12,207.50	1415	+$1.8K	0.01R	$0.40M	W
38	↑ Long	2020-01-21	12,216.00	757	−$12.6K	-0.07R	$0.39M	L
39	↑ Long	2020-01-22	12,283.25	590	−$37.9K	-0.26R	$0.35M	L
40	↓ Short	2020-01-23	12,221.50	815	+$2.7K	0.02R	$0.35M	W
41	↓ Short	2020-01-24	12,295.50	663	+$37.0K	0.23R	$0.39M	W
42	↑ Long	2020-01-27	11,999.50	350	+$630	0.01R	$0.39M	W
43	↑ Long	2020-01-27	12,029.50	292	−$19.0K	-0.27R	$0.37M	L
44	↑ Long	2020-01-28	12,072.00	559	+$78.4K	0.58R	$0.45M	W
45	↑ Long	2020-01-28	12,079.25	487	+$37.2K	0.32R	$0.49M	W
46	↓ Short	2020-01-29	12,147.25	334	+$100	0.00R	$0.49M	W
47	↓ Short	2020-01-29	12,137.75	323	+$5.1K	0.07R	$0.49M	W
48	↑ Long	2020-01-30	12,102.50	937	+$11.5K	0.05R	$0.51M	W
49	↑ Long	2020-01-30	12,154.50	265	+$37.2K	0.58R	$0.54M	W
50	↓ Short	2020-01-31	12,188.25	273	+$75.3K	1.13R	$0.62M	W
51	↓ Short	2020-01-31	12,142.25	230	+$37.2K	0.67R	$0.66M	W
52	↑ Long	2020-02-03	12,126.00	228	+$11.0K	0.20R	$0.67M	W
53	↑ Long	2020-02-03	12,177.50	204	−$11.2K	-0.22R	$0.66M	L
54	↑ Long	2020-02-04	12,307.00	465	+$65.0K	0.57R	$0.72M	W
55	↑ Long	2020-02-04	12,315.50	382	+$37.2K	0.40R	$0.76M	W
56	↓ Short	2020-02-05	12,411.25	214	+$385	0.01R	$0.76M	W
57	↓ Short	2020-02-06	12,423.00	528	−$34.7K	-0.26R	$0.72M	L
58	↓ Short	2020-02-07	12,439.00	1027	−$50.5K	-0.19R	$0.67M	L
59	↑ Long	2020-02-10	12,446.25	700	+$169.3K	0.97R	$0.84M	W
60	↑ Long	2020-02-10	12,489.75	264	+$36.5K	0.56R	$0.88M	W
61	↑ Long	2020-02-11	12,621.25	436	−$37.8K	-0.34R	$0.84M	L
62	↑ Long	2020-02-12	12,638.00	781	−$40.8K	-0.20R	$0.80M	L
63	↑ Long	2020-02-12	12,643.25	438	+$16.3K	0.15R	$0.82M	W
64	↑ Long	2020-02-13	12,609.25	604	+$483	0.01R	$0.82M	W
65	↑ Long	2020-02-13	12,632.25	350	+$8.0K	0.09R	$0.82M	W
66	↑ Long	2020-02-14	12,664.75	477	−$26.8K	-0.22R	$0.80M	L
67	↑ Long	2020-02-14	12,679.75	503	−$37.8K	-0.29R	$0.76M	L
68	↑ Long	2020-02-18	12,636.00	1013	+$7.9K	0.03R	$0.77M	W
69	↑ Long	2020-02-19	12,751.50	460	+$19.0K	0.16R	$0.79M	W
70	↑ Long	2020-02-19	12,757.00	520	+$15.8K	0.12R	$0.80M	W
71	↑ Long	2020-02-20	12,752.50	806	−$36.0K	-0.17R	$0.77M	L
72	↑ Long	2020-02-20	12,758.50	572	−$37.9K	-0.26R	$0.73M	L
73	↓ Short	2020-02-21	12,601.50	291	+$61.6K	0.84R	$0.79M	W
74	↓ Short	2020-02-21	12,521.00	152	+$7.7K	0.21R	$0.80M	W
75	↑ Long	2020-02-25	12,227.25	203	−$41.4K	-0.83R	$0.76M	L
76	↑ Long	2020-02-26	12,055.00	138	−$37.5K	-1.12R	$0.72M	L
77	↓ Short	2020-02-27	11,644.50	159	−$37.5K	-1.01R	$0.68M	L
78	↑ Long	2020-02-28	11,259.50	164	−$115	0.00R	$0.68M	L
79	↑ Long	2020-03-02	11,636.00	167	+$37.2K	0.96R	$0.72M	W
80	↓ Short	2020-03-04	11,711.75	177	−$36.1K	-0.87R	$0.68M	L
81	↑ Long	2020-03-05	11,821.75	232	+$37.2K	0.68R	$0.72M	W
82	↑ Long	2020-03-06	11,487.25	225	+$1.3K	0.03R	$0.72M	W
83	↑ Long	2020-03-06	11,501.50	190	−$37.5K	-0.85R	$0.68M	L
84	↑ Long	2020-03-09	10,950.75	176	+$9.9K	0.26R	$0.69M	W
85	↑ Long	2020-03-10	11,284.25	169	−$37.6K	-0.98R	$0.66M	L
86	↑ Long	2020-03-11	11,239.25	159	−$33.7K	-0.94R	$0.62M	L
87	↑ Long	2020-03-11	11,256.75	207	−$37.5K	-0.80R	$0.58M	L
88	↓ Short	2020-03-24	10,376.00	167	−$37.5K	-1.08R	$0.55M	L
89	↑ Long	2020-03-26	10,639.25	174	+$91.0K	2.46R	$0.64M	W
90	↑ Long	2020-03-27	10,744.00	163	−$37.6K	-1.07R	$0.60M	L
91	↑ Long	2020-03-30	10,746.25	182	+$57.3K	1.47R	$0.66M	W
92	↑ Long	2020-03-30	10,763.50	227	+$37.3K	0.77R	$0.70M	W
93	↑ Long	2020-03-31	10,926.25	238	+$37.2K	0.72R	$0.73M	W
94	↓ Short	2020-04-01	10,619.50	350	−$45.6K	-0.61R	$0.69M	L
95	↓ Short	2020-04-01	10,610.25	258	+$37.2K	0.68R	$0.72M	W
96	↑ Long	2020-04-02	10,572.00	167	+$37.4K	1.06R	$0.76M	W
97	↓ Short	2020-04-03	10,677.00	211	+$38.1K	0.85R	$0.80M	W
98	↓ Short	2020-04-03	10,621.75	208	+$37.2K	0.84R	$0.84M	W
99	↑ Long	2020-04-06	10,891.75	334	+$601	0.01R	$0.84M	W
100	↑ Long	2020-04-06	10,907.50	176	+$37.3K	0.97R	$0.87M	W
101	↓ Short	2020-04-07	11,252.50	192	+$37.2K	0.86R	$0.91M	W
102	↓ Short	2020-04-08	11,122.75	241	−$34.9K	-0.65R	$0.88M	L
103	↓ Short	2020-04-08	11,115.25	207	−$37.6K	-0.81R	$0.84M	L
104	↓ Short	2020-04-09	11,327.00	297	−$208	0.00R	$0.84M	L
105	↓ Short	2020-04-09	11,288.50	209	+$585	0.02R	$0.84M	W
106	↑ Long	2020-04-13	11,295.00	227	+$37.2K	0.73R	$0.88M	W
107	↑ Long	2020-04-14	11,644.00	137	+$24.3K	0.76R	$0.90M	W
108	↑ Long	2020-04-15	11,570.75	276	+$2.2K	0.04R	$0.90M	W
109	↑ Long	2020-04-15	11,617.25	235	+$37.3K	0.69R	$0.94M	W
110	↓ Short	2020-04-16	11,690.50	323	−$37.7K	-0.50R	$0.90M	L
111	↓ Short	2020-04-17	11,815.00	174	−$14.7K	-0.36R	$0.89M	L
112	↑ Long	2020-04-20	11,813.00	256	+$1.4K	0.03R	$0.89M	W
113	↑ Long	2020-04-20	11,835.50	340	+$37.2K	0.46R	$0.93M	W
114	↑ Long	2020-04-21	11,696.25	576	−$35.3K	-0.26R	$0.89M	L
115	↑ Long	2020-04-22	11,649.00	294	+$37.3K	0.55R	$0.93M	W
116	↑ Long	2020-04-23	11,795.00	227	−$37.5K	-0.70R	$0.89M	L
117	↑ Long	2020-04-24	11,710.75	312	−$35.3K	-0.48R	$0.86M	L
118	↑ Long	2020-04-24	11,718.25	221	+$37.2K	0.72R	$0.89M	W
119	↑ Long	2020-04-28	11,914.25	423	−$32.0K	-0.31R	$0.86M	L
120	↑ Long	2020-04-29	11,950.25	225	+$37.3K	0.70R	$0.90M	W
121	↓ Short	2020-04-30	11,988.75	232	+$11.6K	0.21R	$0.91M	W
122	↑ Long	2020-05-01	11,896.50	298	−$39.2K	-0.55R	$0.87M	L
123	↑ Long	2020-05-04	11,762.25	306	+$1.5K	0.02R	$0.87M	W
124	↑ Long	2020-05-05	12,002.00	371	+$4.0K	0.05R	$0.88M	W
125	↑ Long	2020-05-05	12,017.00	300	−$42.8K	-0.59R	$0.83M	L
126	↓ Short	2020-05-06	12,020.00	309	−$37.6K	-0.50R	$0.80M	L
127	↑ Long	2020-05-07	12,154.25	396	−$37.9K	-0.39R	$0.76M	L
128	↑ Long	2020-05-07	12,158.50	376	−$263	0.00R	$0.76M	L
129	↑ Long	2020-05-08	12,219.75	355	+$37.2K	0.43R	$0.79M	W
130	↑ Long	2020-05-11	12,218.75	721	+$151.3K	0.86R	$0.95M	W
131	↑ Long	2020-05-11	12,274.75	245	+$37.2K	0.62R	$0.98M	W
132	↓ Short	2020-05-12	12,344.75	296	+$4.1K	0.06R	$0.99M	W
133	↓ Short	2020-05-12	12,287.75	172	+$37.4K	0.89R	$1.02M	W
134	↑ Long	2020-05-13	12,192.25	189	−$37.5K	-0.81R	$0.99M	L
135	↑ Long	2020-05-14	12,014.25	210	−$41.9K	-0.83R	$0.95M	L
136	↑ Long	2020-05-14	12,027.25	153	+$37.3K	1.02R	$0.98M	W
137	↑ Long	2020-05-15	12,021.00	394	+$8.0K	0.09R	$0.99M	W
138	↑ Long	2020-05-15	12,070.25	249	+$37.1K	0.62R	$1.03M	W
139	↑ Long	2020-05-18	12,337.00	375	−$32.1K	-0.34R	$1.00M	L
140	↑ Long	2020-05-18	12,348.00	309	+$37.2K	0.49R	$1.03M	W
141	↓ Short	2020-05-19	12,386.50	241	−$34.1K	-0.57R	$1.00M	L
142	↓ Short	2020-05-21	12,528.75	257	+$51.0K	0.79R	$1.05M	W
143	↓ Short	2020-05-21	12,506.50	340	+$37.2K	0.44R	$1.09M	W
144	↓ Short	2020-05-22	12,400.50	360	−$33.6K	-0.37R	$1.05M	L
145	↓ Short	2020-05-26	12,585.25	355	+$96.3K	1.08R	$1.15M	W
146	↓ Short	2020-05-26	12,533.75	215	+$37.3K	0.69R	$1.19M	W
147	↓ Short	2020-05-27	12,379.25	284	+$11.7K	0.17R	$1.20M	W
148	↓ Short	2020-05-27	12,322.50	164	−$37.4K	-0.92R	$1.16M	L
149	↑ Long	2020-05-28	12,513.75	223	+$37.2K	0.67R	$1.20M	W
150	↑ Long	2020-05-29	12,505.75	316	−$33.4K	-0.42R	$1.16M	L
151	↑ Long	2020-05-29	12,533.75	301	−$37.7K	-0.50R	$1.13M	L
152	↑ Long	2020-06-01	12,618.25	303	+$11.9K	0.16R	$1.14M	W
153	↓ Short	2020-06-02	12,641.50	375	+$488	0.01R	$1.14M	W
154	↓ Short	2020-06-02	12,609.00	373	+$37.2K	0.40R	$1.18M	W
155	↑ Long	2020-06-03	12,753.00	388	−$40.0K	-0.40R	$1.14M	L
156	↑ Long	2020-06-04	12,736.25	815	+$5.5K	0.03R	$1.14M	W
157	↑ Long	2020-06-05	12,763.75	503	+$94.7K	0.74R	$1.24M	W
158	↑ Long	2020-06-05	12,829.75	149	+$8.4K	0.22R	$1.25M	W
159	↑ Long	2020-06-08	12,880.00	313	+$37.2K	0.46R	$1.28M	W
160	↑ Long	2020-06-09	12,961.50	319	+$37.3K	0.45R	$1.32M	W
161	↓ Short	2020-06-10	13,086.75	416	−$27.7K	-0.25R	$1.29M	L
162	↓ Short	2020-06-10	13,074.00	436	−$37.8K	-0.33R	$1.25M	L
163	↓ Short	2020-06-11	12,982.25	344	+$14.7K	0.17R	$1.27M	W
164	↓ Short	2020-06-11	12,928.25	244	+$37.3K	0.59R	$1.31M	W
165	↓ Short	2020-06-12	12,829.00	256	+$37.2K	0.57R	$1.34M	W
166	↑ Long	2020-06-15	12,643.00	200	+$80.7K	1.60R	$1.42M	W
167	↑ Long	2020-06-15	12,653.00	160	+$37.2K	0.92R	$1.46M	W
168	↑ Long	2020-06-16	13,061.50	334	−$37.6K	-0.43R	$1.42M	L
169	↓ Short	2020-06-17	13,035.25	287	−$36.8K	-0.49R	$1.39M	L
170	↓ Short	2020-06-17	13,027.75	339	−$37.7K	-0.42R	$1.35M	L
171	↑ Long	2020-06-18	13,053.25	403	−$37.8K	-0.36R	$1.31M	L
172	↓ Short	2020-06-19	13,154.50	539	+$14.4K	0.10R	$1.33M	W
173	↑ Long	2020-06-22	13,087.75	412	+$35.6K	0.33R	$1.36M	W
174	↑ Long	2020-06-23	13,265.50	449	+$37.2K	0.31R	$1.40M	W
175	↓ Short	2020-06-24	13,207.75	215	+$60.2K	1.06R	$1.46M	W
176	↓ Short	2020-06-24	13,153.00	140	+$37.2K	1.01R	$1.50M	W
177	↑ Long	2020-06-25	13,082.50	142	+$23.5K	0.63R	$1.52M	W
178	↓ Short	2020-06-26	13,060.50	215	+$37.3K	0.67R	$1.56M	W
179	↑ Long	2020-06-29	12,915.00	154	+$37.2K	0.94R	$1.59M	W
180	↑ Long	2020-06-30	13,100.50	202	+$37.2K	0.71R	$1.63M	W
181	↑ Long	2020-07-01	13,241.50	256	+$45.8K	0.68R	$1.68M	W
182	↑ Long	2020-07-01	13,258.50	276	+$37.2K	0.51R	$1.71M	W
183	↑ Long	2020-07-02	13,480.75	412	−$38.8K	-0.35R	$1.68M	L
184	↑ Long	2020-07-02	13,485.00	350	−$37.7K	-0.40R	$1.64M	L
185	↓ Short	2020-07-03	13,407.75	1250	+$36.6K	0.11R	$1.67M	W
186	↑ Long	2020-07-06	13,554.25	465	+$104.3K	0.83R	$1.78M	W
187	↑ Long	2020-07-06	13,596.25	352	+$29.0K	0.31R	$1.81M	W
188	↑ Long	2020-07-07	13,698.25	245	−$37.7K	-0.56R	$1.77M	L
189	↑ Long	2020-07-08	13,657.00	347	+$798	0.01R	$1.77M	W
190	↑ Long	2020-07-09	13,791.50	380	−$36.7K	-0.35R	$1.73M	L
191	↑ Long	2020-07-09	13,812.50	320	−$11.7K	-0.13R	$1.72M	L
192	↓ Short	2020-07-10	13,747.25	315	+$3.7K	0.05R	$1.73M	W
193	↓ Short	2020-07-10	13,707.50	203	−$43.5K	-0.78R	$1.68M	L
194	↑ Long	2020-07-13	14,018.25	483	+$11.0K	0.08R	$1.69M	W
195	↑ Long	2020-07-13	14,061.75	278	−$37.6K	-0.48R	$1.66M	L
196	↓ Short	2020-07-15	13,742.25	210	+$37.3K	0.65R	$1.69M	W
197	↓ Short	2020-07-16	13,611.75	365	−$256	0.00R	$1.69M	L
198	↓ Short	2020-07-16	13,602.50	300	−$37.7K	-0.46R	$1.66M	L
199	↓ Short	2020-07-17	13,632.25	222	−$37.6K	-0.62R	$1.62M	L
200	↑ Long	2020-07-20	13,720.75	460	+$268.8K	2.13R	$1.89M	W

SHOWING 1–200 OF 1,928VALUES IN USD · MNQ FUTURES

§ 05Regime analysisPROFITABLE ACROSS MAJOR REGIMES SINCE 2019

Profitable
across major
market regimes
since 2019.

Across distinct market regimes, from volatility shocks to sustained trends, the system has remained consistently profitable.

Performance has held through both expansion and stress, with drawdowns contained and recovery measured in months, not years.

I2020

COVID Crash & Recovery

Volatility shock and rapid recovery cycle. VIX spike above 80 and severe equity drawdown.

+76.4%Net return

Trades: 152
Win rate: 56.4%
PF: 1.28

II2021

Post-COVID Bull Run

Liquidity-driven expansion. Zero rates, fiscal stimulus, broad market strength.

+174.9%Net return

Trades: 384
Win rate: 61.2%
PF: 1.55

III2022

Rate Hike Cycle

Tightening regime. Rapid policy shifts and compressed valuations.

+49.2%Net return

Trades: 310
Win rate: 55.8%
PF: 1.18

IV2023

AI Rally

Concentrated growth leadership. AI-driven repricing across technology sectors.

+66.7%Net return

Trades: 325
Win rate: 58.5%
PF: 1.35

V2024

Broadening Bull

Expanding participation. Strength rotating beyond large-cap leadership.

+224.7%Net return

Trades: 380
Win rate: 62.1%
PF: 1.68

VI2025 – 2026

Late Cycle

Elevated volatility and policy uncertainty. Mixed signals across macro and liquidity conditions.

+237.6%Net return

Trades: 377
Win rate: 60.0%
PF: 1.48

The edge persists across regimes because the underlying behaviour does.

§ 06Returns calendarVALUES IN PERCENT · NET · SHADE INDICATES MAGNITUDE

Monthly performance,
cell by cell.

EVERY MONTH SINCE INCEPTION

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec	YTD
2019	–	–	–	–	–	–	–	–	–	–	–	+28.4	+28.4
2020	+15.3	+1.7	+3.4	+11.8	+14.5	+33.6	+21.1	+18.8	-0.4	+11.1	-4.9	-11.3	+114.7
2021	-2.1	-0.9	-4.2	+32.6	+16.1	+40.2	+30.5	-16.2	+3.4	+44.8	+15.1	+15.5	+174.8
2022	-4.2	-6.9	+2.7	+27.6	+13.7	-10.7	-1.9	+10.4	+1.5	+2.7	+11.9	+2.3	+49.1
2023	-17.1	-3.8	+15.8	+2.5	+12.5	+5.0	-24.7	+37.0	+15.1	+25.8	-8.6	+7.3	+66.8
2024	+11.6	-20.8	+28.4	+51.4	+25.7	-13.3	+28.2	+0.6	+36.0	+27.4	+14.8	+34.6	+224.6
2025	-9.4	+14.8	+35.8	+4.7	+23.9	-1.3	-7.3	+23.8	+10.7	+34.1	-7.4	+25.2	+147.6
2026	+15.9	+15.7	-3.5	-4.6	–	–	–	–	–	–	–	–	+23.5

§ 07Risk managementSYSTEMATIC RULES · INTRADAY ONLY · NO OVERNIGHT EXPOSURE

Drawdown, controlled.

THREE LAYERS OF RISK CONTROL

CTRL · 01

Position sizing

Variable

Risk per trade is capped as a fraction of equity. Position size scales with volatility and reduces automatically during drawdown.

CTRL · 02

Drawdown control

14 days

Worst drawdown was 13.92% of peak equity. Full recovery to new highs in 14 trading days. Strict intraday execution prevents overnight tail risk.

CTRL · 03

End-of-day flat

Zero overnight

Every position is closed before market close. No gap risk, no after-hours exposure, no surprise headlines moving the book while you sleep.

§ 08Execution costsALL FIGURES NET · CONTINUOUS MNQ DATA

A realistic friction model.

DEDUCTED FROM GROSS P&L

Commission

$293,167

CME + IB rate, 1,928 trades

Slippage

$117,267

Conservative tick-based model

Total friction

$410,434

Deducted from gross P&L

Per trade

$213

Round-trip · all costs

Important disclosures

HYPOTHETICAL PERFORMANCE. Results presented are based on systematic backtest output computed against historical price data. Hypothetical results have certain inherent limitations: they are prepared with the benefit of hindsight, do not involve financial risk, and cannot fully account for market impact, liquidity, or psychological factors that affect live trading.

COMMISSIONS & SLIPPAGE. All figures shown are net of $293,167 in commissions and $117,267 in slippage ($410,434 total friction across 1,928 trades).

PAST PERFORMANCE. Past performance is not indicative of future results. Futures trading involves substantial risk of loss and is not suitable for all investors.

DATA SOURCE. All figures derive from backtest output on continuous MNQ futures data from 2019-12-11 through 2026-04-22. Initial capital $1,500,000.

The strategy,validated in data.