| Trading
Description
The Standard Trading Program involves systematic trading using price indicators resulting in directional views. The systematic approach enforces discipline and consistency. Six models are combined take advantage of model diversification resulting in a macro portfolio consisting of variety of global futures contracts. The models used employ several different approaches, including contrarian, momentum and trend following. In addition, the models result in different trade day durations, with short-term trades having an average trade duration of three days, medium-term trades having an average trade duration of 20 days, and long-term trades having an average trade duration of 100 days. Longer-term trend models may have larger profit potential, but tend to be more volatility. Short-term model are used, in part, to attempt to reduce the overall volatility of the program and reduce drawdowns. The models generally have low correlations with each other raising the overall Sharpe of the combined portfolio. When a trading signal is generated, a trade is executed on or before the close or by the next day’s open. The Standard Trading Program typically results in 10% of the total assets of the Clients’ accounts being used to margin positions. However, this percentage may be substantially more or less at the discretion of ACS. The Aggressive Trading Program The Aggressive Trading Program trades according to the same principles as the Standard Trading Program described above, except that ACS trades accounts participating in the Aggressive Program using twice as much leverage. Please note, however, that the trades placed in the Aggressive Trading Program may not be identical to the trades placed in the Standard Program. The Aggressive Trading Program typically results in 20% of the total assets of the Clients’ accounts being used to margin positions. However, this percentage may be substantially more or less at the discretion of ACS.
The Aggressive Trading Program The Aggressive Trading Program trades according to the same principles as the Standard Trading Program described above, except that ACS trades accounts participating in the Aggressive Program using twice as much leverage. Please note, however, that the trades placed in the Aggressive Trading Program may not be identical to the trades placed in the Standard Program. The Aggressive Trading Program typically results in 20% of the total assets of the Clients’ accounts being used to margin positions. However, this percentage may be substantially more or less at the discretion of ACS.
Prospective clients should consider all of the risk factors described below and it the Advisor's Disclosure Document before participating in the programs. Futures Trading Is Speculative and Volatile |
