Articles By: Dean Hoffman The Small Account ConundrumTrading System Performance Based on MarginTrading System Position SizingManaged Futures – Choosing a Commodity Trading AdvisorManaged Futures – Emerging Commodity Trading AdvisorsTrading Systems That WorkTrading Systems Start Trade ReportTrading Systems Optimization TrapThe “Cherry Picked” Trading System Portfolio Trap”Notionally Funding a Trading Systems or Managed Futures AccountThe “Hot” Futures Trading Systems TrapForget ReturnsEstimating Future RiskRelativity Trading System | Algorithmic Trading Software Futures based investments are often complex and can carry the risk of substantial losses. They are intended for sophisticated investors and are not suitable for everyone. The ability to withstand losses and to adhere to a particular trading program in spite of trading losses are material points which can adversely affect investor returns.Past performance is not necessarily indicative of future results.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 OF 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 WHICH CAN ADVERSELY AFFECT TRADING RESULTS.R QUANT SYSTEMS LLC is a developer of trading systems. It does not solicit or accept commodity trading accounts, and it does not provide individually tailored advice. R Quant Capital LLC is a commodity trading advisor registered with the U.S. Commodity Futures Trading Commission and a member of the National Futures Association. R Quant Capital LLC offers a managed account program. Prospective investors should review the current disclosure document for R Quant Capital LLC.