Program(s) Developed: Charger System & Score System
Interview Date: December, 2015
Interviewed by John F. Gallwas, Founder of Striker Securities, Inc.
Thomas Register, and his father Dave, in 2003, co-founded Exitpoints.com in Austin, Texas. Their mission statement: "Our mission is to bring new classes of investments within reach of the 'everyday' man." Combining their extensive futures trading experience with their knowledge of computers and artificial intelligence, they develop and market automated trading systems for the individual investor.
John Gallwas: Thomas, tell us about why you and your father founded Exitpoints.com, as well as a synopsis of your respective backgrounds?
Thomas Register: Originally, we founded ExitPoints.com to assist traders with finding trading opportunities through our special proprietary indicators, but much of the feedback we were receiving suggested that traders really wanted trading systems. So, after a while, we developed several systems for brokers to offer their clients, which were based on our indicators with a twist toward artificial intelligence. The goal was to target professionals and high net-worth individuals who are too busy or lack the knowledge of day trading. Let's face it, trading futures is very risky and most discretionary traders lose money.
My personal background is in technology and business administration. I have a lot of experience in automation systems and business management. My father, David, having a M.S. in statistics, has always been a technical researcher focused on artificial intelligence. He has worked with and for many of the top technical analysts in the country.
Together, we have been able to create profitable automated trading systems that embody those analysts' trading ideas and abilities.
John Gallwas: There are many "computerized" systems in the market, what distinguishes your programs from others?
Thomas Register: Our systems are much different than most of the systems from other developers. We do not create trading rules in a traditional sense. Our rules are more risk-based instead of setup-based. We designed software to use a proprietary set of indicators and catalog hundreds of thousands of potential trade setups. Then, we taught the software to create its own rules by identifying potential trades based on the success or failure of the values of those indicators. The computer updates this catalog each day, adding actual, real trades as well as even more trades that were never taken. This facilitates the "learning" process of our systems. Additionally, our "trading" rules are not when to execute a trade, but rather instruct the system on how to control its risk. This is the most crucial part of a system.
John Gallwas: One of your newer systems "Charger", that trades any one of 14 different markets, seems to be off to a good start. What is the methodology behind this day-trading system?
Thomas Register: The Charger system is a direct subset of our Score product. After the last drawdown and months of real results posted by Striker Securities, we decided to use actual performance to analyze those trades to figure out which markets fared the best and, thus, were more accurate for our system. We wanted to isolate those markets and offer them as a new product. While Charger does not have the diversification that the Score product enjoys, it does require a lot less capital to trade and still be very effective.
John Gallwas: What are your risk / reward expectations for Charger?
Thomas Register: We expect that the Charger system should enjoy less volatility than the original Starter product while maintaining a very high rate of return. We currently have only a six month real-time track record, but the results as yet are admirable, with a Sterling Ratio of nearly 1.5 and a Sharp Ratio of greater than 1. Those ratios show Charger to have an excellent risk to reward.
John Gallwas: We know you and your father are always working on product research and we wonder if there is anything else that is new you can disclose to us now?
Thomas Register: We have been very busy recently increasing the types of products we offer. We have just released a few of our proprietary indicators on various trading platforms along with a blog and new market analysis newsletters discussing some of our more profitable trade setups using those indicators. We are also now offering a new market bias report called The Edge, which gives discretionary traders markets and directions to trade on the next trading day. All of these products are being offered by our partner brokers and on our website.
Our goal with these new products is to provide tools for other traders to not only spot new trading opportunities, but also to improve their profitability with those opportunities. These initiatives will also help educate others on the careful consideration that we undertake everyday when we design our trading systems, while also helping traders to improve their own trading abilities. We feel that these efforts will help us attain our mission to bring new classes of investments within reach of the everyday man.
This interview is for informational purposes only and is not intended to be
a solicitation of any kind. Trade only with risk capital. The risk of
trading can be substantial and each investor and/or trader must consider
whether trading systems are a suitable investment.
There is a risk of loss in trading. It is the nature of commodity and securities trading that where there is the opportunity for profit, there is also the risk of loss. Commodity trading involves a certain degree of risk, and may not be suitable for all investors. Derivative transactions, including futures, are complex and carry the risk of substantial losses. Past performance is not necessarily indicative of future results. Please read additional risk matters on our web site, www.striker.com. It is important you understand all the risks involved with trading, and you should only trade with risk capital. This communication is intended for the sole use of the intended recipient.
About this report The information and links on this website are for informational purposes. The risk of trading can be substantial and each investor and/or trader must consider whether this is a suitable investment. Past performance, whether actual or indicated by simulated historical tests of strategies, is not indicative of future results. Striker is a member of the National Futures Association ("NFA"), the Managed Funds Association ("MFA"), and the National Introducing Broker Association ("NIBA"). Striker is registered with the Commodity Futures Trading Commission ("CFTC"), and was formerly registered with the Securities Exchange Commission ("SEC"). Additionally, Striker is a former member of the Financial Industry Regulatory Authority ("FINRA"), and the Securities Investor Protection Corporation ("SIPC"). FINRA is the largest non-governmental regulator for all securities business in the United States. Please read Striker Disclosure Statement for the additional disclosure.
The trading performance cited throughout our web site is based on actual trading history, unless otherwise noted. The starting account balance is based on the system developer recommendation. Striker tracks actual performance by recording and maintaining each trade ticket for each system generated. The performance information assumes that no additions or withdrawals have been made. The rate of return for all systems disclosed in the Striker Report is cumulative from the day the system actually started trading at Striker. We maintain a "life" track for all 3rd party systems. We do not necessarily base our records on any particular client account. No one particular customer has achieved these results. The percentage returns reflect inclusion of commissions and fees.The actual percentage gains/losses experienced by investors will vary depending on many factors, including, but not limited to: starting account balances, market behavior, the duration and extent of investor participation (whether or not a client takes all signals for a system) in the specified system and money management techniques.
Striker is a revolutionary concept in action: an international, professional team of brokers dedicated to trading only for clients. It bears repeating: unlike most other brokers, Striker does NOT trade futures for itself or any of its employees. This policy has been in place from the start in order to guarantee that our entire focus remains on the interests of our clientele. Striker believes that when brokers are allowed to trade for themselves (or have in-house trading practices) there is a strong potential for conflict of interest, as the broker may place more importance on his own trading activities (or that of his firm's) than on those of his clients. Finally, Striker has no financial ties to system developers, so there no bias or pressure on how we report the actual trading results posted in our client section. This section is designed specifically for Striker's clients, so they may audit their results on a daily, weekly, monthly, or annual basis.