Autumn Gold CTA, Hedge Fund & Managed Futures Research Since 1994
 

Manager & Industry News

Autumn Gold Blog

Monthly performance highlights, manager updates, ranking reports, and selected industry commentary.

PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.

Kim Avery July 14, 2026

Enter the World's Longest-Running Real-Money Trading Competition

Since 1983, the World Cup Trading Championships® have challenged traders to compete head-to-head in real, funded accounts — across Futures and Forex, on Monthly, Quarterly, and Annual cycles. Two World Cup Programs were in our Top Performer List for May 2026.

  • Annual - Futures The 2026 World Cup Championship of Futures Trading®

    The original year-long contest that started in 1983.

  • Annual - Futures The 2026-2027 Global Cup Championship of Futures TradingTM

    An annual event running June 1st through May 31st, giving you another way to compete.

  • Quarterly - Futures & Forex Quarterly Trading Championships

    A shorter format for traders who want to test a strategy every season.

  • Annual - Forex The 2026 World Cup Championship of Forex Trading®

    A full year to prove your currency-trading edge on the global stage

  • Annual - Forex The 2026-2027 Global Cup Championship of Forex TradingTM

    An annual event running June 1st, through May 31st, giving you another way to compete

  • Monthly - Futures & Forex Monthly Trading Championships

    Our newest event. A chance to win every month.

Real Trading Accounts

All results come from actual audited trading accounts - no simulated trading

Standings Updated Daily

Track your rank against the others as the competition unfolds

Global Playing Field

Compete with traders from around the world

Trading futures and forex involves significant risk of loss and is not suitable for everyone

Enter Now
Kim Avery April 30, 2026

Top Performers March 2026

Download the March 2026 Ranking Report
Kim Avery March 31, 2026

Top Performers February 2026

February continued to show strong performance in the Managed Futures area. As of March 31st we had 21 traders that reported net monthly returns of more than 5%.

Download the February 2026 Ranking Report
Kim Avery March 2, 2026

Top Performers January 2026

As of February 28, 11 traders reported January 2026 returns of 10% or higher to Autumn Gold. This reflects a noteworthy level of performance. Please note that the Autumn Gold CTA Universe does not represent the total CTA Universe.

Download the January 2026 Ranking Report
Kim Avery January 31, 2026

Top Performers December 2025

Download the December 2025 Ranking Report
Kim Avery November 30, 2025

Top Performers November 2025

Download the November 2025 Ranking Report
Kim Avery September 3, 2025

Think Probabilities and Not Predictions

(Embracing Uncertainty with Probabilities)

By Aref Karim - Ershadul Haq - Raami Karim | August 2025

The Certainty Illusion

When people talk about markets, they often default to prediction. Will rates rise? Is a correction coming? Will the dollar top out? These questions reflect an underlying human need for certainty, the belief that someone, somewhere must know what happens next. It is a deeply ingrained instinct, rooted in our desire for control in an unpredictable world. But markets do not operate on certainties. They are complex, adaptive systems, shaped by flows of information, shifting sentiment, evolving policy, and positioning dynamics. They do not follow scripts. They react, recalibrate, and surprise.

Read the Full Report

Risk Disclosure

PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS.

THE RISK OF TRADING COMMODITY FUTURES, OPTIONS AND/OR FOREIGN EXCHANGE ("FOREX") IS SUBSTANTIAL. THE HIGH DEGREE OF LEVERAGE ASSOCIATED WITH COMMODITY FUTURES, OPTIONS AND FOREX CAN WORK AGAINST YOU AS WELL AS FOR YOU. THIS HIGH DEGREE OF LEVERAGE CAN RESULT IN SUBSTANTIAL LOSSES, AS WELL AS GAINS. YOU SHOULD THEREFORE CAREFULLY CONSIDER WHETHER SUCH TRADING IS SUITABLE FOR YOU IN LIGHT OF YOUR FINANCIAL CONDITION. IF YOU ARE UNSURE YOU SHOULD SEEK PROFESSIONAL ADVICE. AN INVESTOR MUST READ AND UNDERSTAND THE CTA’S CURRENT DISCLOSURE DOCUMENT BEFORE INVESTING. THERE ARE NO GUARANTEES OF PROFIT NO MATTER WHO IS MANAGING YOUR MONEY.

PAST PERFORMANCE DOES NOT GUARANTEE FUTURE SUCCESS. IN SOME CASES MANAGED ACCOUNTS ARE CHARGED SUBSTANTIAL COMMISSIONS AND ADVISORY FEES. THOSE ACCOUNTS SUBJECT TO THESE CHARGES, MAY NEED TO MAKE SUBSTANTIAL TRADING PROFITS JUST TO AVOID DEPLETION OF THEIR ASSETS. EACH COMMODITY TRADING ADVISOR ("CTA") IS REQUIRED BY THE COMMODITY FUTURES TRADING COMMISSION ("CFTC") TO ISSUE TO PROSPECTIVE CLIENTS A RISK DISCLOSURE DOCUMENT OUTLINING THESE FEES, CONFLICTS OF INTEREST AND OTHER ASSOCIATED RISKS. A HARD COPY OF THESE RISK DISCLOSURE DOCUMENTS ARE READILY AVAILABLE BY CLICKING ON EACH CTA'S "REQUEST DISCLOSURE DOCUMENT" BUTTON.

THE FULL RISK OF COMMODITY FUTURES, OPTIONS AND FOREX TRADING CAN NOT BE ADDRESSED IN THIS RISK DISCLOSURE STATEMENT. NO CONSIDERATION TO INVEST SHOULD BE MADE WITHOUT THOROUGHLY READING THE DISCLOSURE DOCUMENT OF EACH OF THE CTAS IN WHICH YOU MAY HAVE AN INTEREST. REQUESTING A DISCLOSURE DOCUMENT PLACES YOU UNDER NO OBLIGATION AND EACH DOCUMENT IS PROVIDED AT NO COST. THE CFTC HAS NOT PASSED UPON THE MERITS OF PARTICIPATING IN ANY OF THE FOLLOWING PROGRAMS NOR ON THE ADEQUACY OR ACCURACY OF THE DISCLOSURE DOCUMENTS. OTHER DISCLOSURE STATEMENTS ARE REQUIRED TO BE PROVIDED TO YOU BEFORE AN ACCOUNT MAY BE OPENED FOR YOU.

PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS. PROSPECTIVE CLIENTS SHOULD NOT BASE THEIR DECISION ON INVESTING IN THIS TRADING PROGRAM SOLELY ON THE PAST PERFORMANCE PRESENTED. ADDITIONALLY, IN MAKING AN INVESTMENT DECISION, PROSPECTIVE CLIENTS MUST ALSO RELY ON THEIR OWN EXAMINATION OF THE PERSON OR ENTITY MAKING THE TRADING DECISIONS AND THE TERMS OF THE ADVISORY AGREEMENT INCLUDING THE MERITS AND RISKS INVOLVED.

AUTUMN GOLD CTA INDEXES ARE NON-INVESTABLE INDEXES COMPRISED OF THE CLIENT PERFORMANCE OF CTA PROGRAMS INCLUDED IN THE AUTUMN GOLD DATABASE AND DO NOT REPRESENT THE COMPLETE UNIVERSE OF CTAS. INVESTORS SHOULD NOTE THAT IT IS NOT POSSIBLE TO INVEST IN THESE INDEXES.