Checkmate is a truly unique commodity trading system. It trades the entire spectrum of commodities and does so with identical rule and parameter sets. This helps eliminate the problems associated with over optimizing and curve fitting. The primary performance goal with Checkmate is consistency of returns and minimization of drawdowns. Checkmate is very selective in it entries, even when monitoring a large number of commodities, Checkmate will usually only be in a small number of trades. This allows smaller accounts to trade a large portfolio of markets. The average margin requirement for Checkmate is often much less than other systems tracking the same markets. This is important because this can help eliminate the problem of missing the "big move" in a market you are not trading.

The logic is designed to capture mid-term trends. Checkmates average trade holding period is about 38 days. The system uses advanced trend filtering in its entries. Once again, this is why few trades are taken even with large portfolios. The exit strategies are varied according to trade profits and market action. An initial "hard dollar" stop of $2000 can be used in addition to the built in dynamic trailing stops. It is not uncommon for Checkmate to get out of profitable trades very near the recent high (or low) of "the move". This helps reduce the "give back" in open trade equity often seen in trend following systems.

If you’re looking for broad diversification with solid risk control and mid-term timing then Checkmate might be right for you.

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