Background:
Walsh Asset Management is proud to announce the launch of a new CTA founded by a well-seasoned trader Bill Reavis. Bill has been developing and trading rule-based strategies since 2007 when he worked with a 3rd party system vendor. With his advanced technical training with the US military and a dual degree in economics and management Bill has excelled at the implementation of rule based trading. After years of rigorous analysis Bill founded a CTA in 2013, utilizing what he determined to be the best strategies developed. After a number of successful years, starting in 2015, Bill decided to partner with Walsh Trading, INC as Head of Asset Management and launched a new CTA in Walsh Asset Management.
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The returns are hypothetical in that they are based on the returns net of fees and commissions via the rule based trading strategy implemented by the strategy. Hypothetical performance has many limitations. For an in-depth discussion on those limitations please view the full disclaimer at the bottom of the report.
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Past performance is not necissarily indicative of future results
The Absolute Agricultural Strategy will attempt to achieve profits from directional, trend based movements in the agricultural sector. WAMs trading strategy is technical in nature. The strategy was developed from analysis of patterns of actual price movements, and is not based on analysis of supply and demand factors, general economic factors, or world events. However, in rare instances Mr. Reavis may intervene in the exit of a profitable position if news and/or reports would negatively affect the position to preserve capital.
WAM looks for trends in the markets in multiple time frames medium term (weeks) and long term (months). The overall goal of looking at the markets in multiple time frames will be to attempt to lower investment volatility and consistently produce a favorable return stream over time. The strategy will also consistently seek to measure correlations between different markets over different time periods to efficiently manage risk in an attempt to generate alpha for investors. The strategy currently trades a diverse grouping of futures contracts in agriculture: Corn, Soybeans, Bean Oil, Bean Meal, Wheat, Lean Hogs and Live Cattle. These contracts will generally be traded on major US futures exchanges such as the CME and CBOT. WMA reserves the right to trade other products and or contract types on other exchanges should an appropriate opportunity arise.
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The strategy employs strict money and risk management techniques, typically a new position will not risk more than 1 – 2.5% of the nominal account value for medium to long term trades. WAM will employ various exit strategies to capture profits which include but not limited to pivot points, trailing stops and Fibonacci retracements.
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WALSH TRADING, INC.
+1.800.993.5449
53 West Jackson Boulevard, Suite 750
Chicago, IL 60604
www.walshtrading.com
Asset Management Division: 1.800.498.6936
Commercial Hedging Division: 1.888.391.7894
Premier Service Group: 1.800.556.9411
Walsh Trading, Inc. is registered as an Independent Introducing Broker with the Commodity Futures Trading Commission and an NFA Member.
Disclaimer: 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.
Futures and options trading involves substantial risk and is not suitable for all investors. Therefore, individuals should carefully consider their financial condition in deciding whether to trade. Option traders should be aware that the exercise of a long option will result in a futures position. The valuation of futures and options may fluctuate, and as a result, clients may lose more than their original investment. PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS.
All information, communications, publications, and reports, including this specific material, used and distributed by Walsh Trading, Inc. ("WTI") shall be construed as a solicitation for entering into a derivatives transaction. WTI does not distribute research reports, employ research analysts, or maintain a research department as defined in CFTC Regulation 1.71.
RISK DISCLOSURE: THERE IS A SUBSTANTIAL RISK OF LOSS IN FUTURES AND OPTIONS TRADING. THIS REPORT IS A SOLICITATION FOR ENTERING A DERIVATIVES TRANSACTION AND ALL TRANSACTIONS INCLUDE A SUBSTANTIAL RISK OF LOSS. THE USE OF A STOP-LOSS ORDER MAY NOT NECESSARILY LIMIT YOUR LOSS TO THE INTENDED AMOUNT. WHILE CURRENT EVENTS, MARKET ANNOUNCEMENTS AND SEASONAL FACTORS ARE TYPICALLY BUILT INTO FUTURES PRICES, A MOVEMENT IN THE CASH MARKET WOULD NOT NECESSARILY MOVE IN TANDEM WITH THE RELATED FUTURES AND OPTIONS CONTRACTS.
