Position sizing
Exposure is calibrated to strategy risk, volatility and the defined point of invalidation.
Risk management
Protect the downside.
Preserve the opportunity.
Capital preservation is not a separate function. It is embedded in every stage of our decision process.
Our priority
Risk is defined before capital is deployed.
Returns cannot be controlled. Exposure, process and response can. Our framework is designed to keep individual decisions proportionate and prevent any single view from defining the company's outcome.
No framework eliminates market risk. Our aim is to understand it, price it and maintain the capacity to participate through changing conditions.
Control framework
Portfolio exposure
Correlated positions and aggregate directional exposure are considered at company level.
Drawdown monitoring
Losses and strategy behaviour are monitored against predefined tolerance levels.
Liquidity awareness
Execution decisions account for market depth, event risk and changing liquidity conditions.
Counterparty review
Broker, operational and concentration risks are reviewed as part of the wider control framework.
Post-trade analysis
Decisions and outcomes are evaluated to identify process drift and areas for improvement.
A measured culture
Survival precedes compounding.
Trading foreign exchange and other financial instruments involves substantial risk. Losses are an inherent part of market participation, and no statement on this website should be understood as a promise of performance.