Sales Manual TX 2018
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STEP 4: System Disclosure<br />
The developers must submit their strategy for review. We verify the trading rules<br />
are real and work in current markets. Our ideal strategies are primarily mechanical<br />
and quantifiable.<br />
mentality.<br />
STEP 5: Trading Experience<br />
We prefer veteran traders or companies who have at least 10 years of actual<br />
trading experience in the markets. We also like them to have a Mentor’s<br />
STEP 6: Back Testing<br />
Strategy developers are required to submit a performance back-test of at least 5<br />
years in order to determine how the strategy holds up over a variety of market<br />
conditions. It will tell us how the ratios hold up during that time.<br />
STEP 7: Live Brokerage Account & Statements<br />
We require each system developer to show us live brokerage account statements.<br />
We like to see real trades for at least one full year. Ideally, a developing team will<br />
provide us with 3 – 5 years of brokerage statements showing trades in a live market.<br />
STEP 8: Soft Strategy Start<br />
Once a system developer or team has passed the check points above, we conduct<br />
a “soft strategy start.” This is when we have affiliates who have a long history of<br />
working with us begin to trade these strategies. During this process we can identify any<br />
potential issues while in live markets. This seldom happens if the strategy has made it to this<br />
point of the process, but is necessary to determine the full viability.<br />
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