Track record
Live is live. Simulated is simulated. Never blended.
This page will publish the operation's running tallies directly from the same ledger the trading system settles against — automatically, without editorial touch-ups. Until that verified feed is switched on, the cards below intentionally show nothing. We would rather show you an empty page than a number we can't stamp.
Live · All-time realized P&L
Real money—
Verified feed coming online
Realized profit and loss from actual funded brokerage accounts in FX, futures, and options, net of commissions and fees, stamped from broker settlement data. Wins and losses alike — this number will be negative whenever that is the truth.
Paper · All-time simulated P&L
Hypothetical—
Verified feed coming online
Simulated results from strategies in paper-trading incubation. These are hypothetical, involve no financial risk, and are subject to every limitation described in the CFTC disclaimer below. Incubating strategies are only ever promoted to live after independent validation — and most fail.
How to read this page
Live results are trades actually executed with the operation's own capital in real brokerage accounts. They include slippage, commissions, financing, and every ugly friction of real markets. They are the only numbers on this page that represent money that actually changed hands.
Simulated (paper) results come from strategies running against live market data without real orders, or from historical backtests. They are useful for research and brutal honesty about what is still unproven — but they are hypothetical, and hypothetical results systematically overstate what real trading achieves.
Past performance — live or simulated — is not indicative of future results. No representation is made that any subscriber will achieve results similar to any figure published here.
We trade the same signals we publish, at the same time, in our own accounts. That is both our alignment with subscribers and a disclosed conflict of interest.
Methodology
- Simultaneous publication. Signals are published in real time to all subscribers at the same moment — no early access for anyone, including us beyond the disclosed fact that our own book trades the same feed.
- Tallied from broker records. Live results are computed from broker settlement records — fills, commissions, and fees as the broker reports them — not from our own notes about what should have happened.
- Live and simulated are never blended. Each figure on this page belongs to exactly one column, and no composite of the two will ever be published.
- Simulated results count only from the verified window beginning June 10, 2026. Paper-trading data recorded before that date was excluded after we found — and fixed — a look-ahead fault in the tracking pipeline that could flatter simulated results. We threw that data out rather than publish it. Only the clean, post-fix window will ever be counted here.
- Verified feed pending. These cards populate automatically when the verified publishing pipeline goes public. Until then they stay empty — no number appears on this site before its ledger does.
CFTC Rule 4.41 — Hypothetical Performance Disclaimer
Hypothetical or simulated performance results have certain inherent limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, since the trades have not actually been executed, the results may have under-or-over compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profit or losses similar to those shown.
Hypothetical performance results have many inherent limitations, some of which are described below. 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.
Full risk language lives on the Risk Disclosures page.