Systematic Intraday FX Strategy  |  Institutional Access

Market-Generated
Intelligence.

A 21-year validated systematic FX trading strategy with 6,606 trades, 68.97% win rate, and a maximum drawdown of just 2.73%. Institutional alpha engineered for drawdown control.

84.24% 21-Year CAGR
68.97% Win Rate
2.73% Max Drawdown
3.61 Sharpe Ratio
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21 Years of
Evidence

Most hedge funds launch with a pitch deck and a promise. TRI Capital launches with 21 years of evidence.

The Market-Generated Intelligence (MGI) strategy exploits persistent behavioral patterns embedded in global currency markets — patterns rooted in institutional order flow and time-price structure that repeat because liquidity dynamics and human psychology are structurally constant.

The strategy does not rely on leverage amplification, discretionary market timing, or correlation to equity markets. It has been systematically back-tested across bull markets, bear markets, flash crashes, currency crises, and a global pandemic.

Market-Generated Signals

Derived strictly from price, volume, market structure, and session behavior — no external macro noise or subjective inputs

Intraday Only — Zero Overnight Risk

All positions closed before NY session close. No overnight gap risk, no weekend exposure, no vulnerability to after-hours events

Selective Participation

~315 trades per year. The strategy trades when setup criteria are met — selectivity drives the 68.97% win rate

Performance without risk management is luck. Performance with disciplined risk management is a repeatable process.

Consistently Outperforming

See how TRI Capital Fund’s MGI strategy compares against major benchmarks and asset classes. Select investments below to compare.

*Based on 21-year back-tested data (Jan 2005 – Dec 2025). Past performance is not indicative of future results. All back-tested data is hypothetical. Capital is at risk. Full methodology available in the investor data room.

84.24%
CAGR (21 Years)
Compound Annual Growth Rate
3.61
Sharpe Ratio
vs. S&P 500 long-run ~0.5
2.73%
Max Drawdown
Industry norm: 10–20%
3.61
Profit Factor
Gross Profit / Gross Loss
6,606
Total Trades
~315 per year across 21 years
0.00%
Probability of Ruin
100,000 Monte Carlo simulations

Real Capital. Real Results.

Back-tested performance establishes the theoretical edge. Live execution validates it. Over a 62-day live trading window, the strategy demonstrates strong alignment with the 21-year model.

21-Year Back-Test

Jan 2005 – Dec 2025
CAGR 84.24%
Win Rate 68.97%
Profit Factor 3.61
Max Drawdown 2.73%
Sharpe Ratio 3.61
Total Trades 6,606

Live Forward-Test

Dec 19, 2025 – Feb 20, 2026 (62 Days)
CAGR (Annualized) 77.14%
Win Rate 67.62%
Profit Factor 1.66
Max Drawdown 5.63%
Sharpe Ratio 2.28
Total Return (62 Days) 10.19%

Live execution results demonstrate strong directional alignment with the modeled edge. Win rate compressed by only 1.35 percentage points from back-test to live.

Capital Preservation
By Design

Risk management is not an afterthought at TRI Capital — it is the foundation upon which the strategy was built. Every structural decision was made with capital preservation as the primary objective.

Monte Carlo Stress Testing

100,000 simulations across the full 21-year dataset. Probability of ruin: 0.00%. Worst simulated drawdown: 16.89% (occurring in <1% of scenarios).

01

Hard Stop-Loss — Every Trade

No position held without a predefined exit. Max historical single-trade loss across 21 years: 1.50%. Non-negotiable automated execution.

02

2% Daily Loss Cap

Programmatic daily loss limit enforced automatically. If reached, trading ceases for the remainder of the session. No exceptions. No human override.

03

Dynamic Volatility-Adjusted Sizing

Position size scales inversely with realized market volatility, preventing adverse conditions from amplifying drawdown.

04

Zero Overnight Exposure

All positions closed prior to NY session close. No overnight gap risk, no weekend exposure. An entire category of risk — eliminated by design.

05

Continuous Drift Detection

Real-time monitoring of win rate, profit factor, and drawdown metrics ensures strategy performance remains aligned with historical parameters.

Institutional-Grade From Day One

Operations

Structure & Providers

Legal Structure Cayman Master-Feeder / Delaware LP
Regulatory Reg D 506(c) — Accredited Only
Fund Administrator NAV Consulting
Prime Broker Interactive Brokers
Legal Counsel Seward & Kissel LLP
Auditor RSM (Big Four planned at scale)
Minimum Investment $100,000
Current Raise $10,000,000
Lock-Up 3 Months
Redemptions Quarterly (30-day notice)
Aligned Incentives

Tiered Fee Structure

We earn only when we deliver

Management Fee 2.00% per annum
0% – 10% Return
0% Performance Fee Investor retains 100%
10% – 20% Return
35% Performance Fee Investor retains 65%
Above 20% Return
50% Performance Fee 50/50 split
High-Water Mark applied on all performance fees

At the 21-year back-tested CAGR, investors net approximately 44%+ annually after all fees — still superior to most hedge funds on a gross basis.

How We Compare

Metric TRI Capital (MGI) S&P 500 Hedge Fund Index
Annual Return (CAGR) 84.24% ~10–11% ~6–8%
Max Drawdown 2.73% 30%+ 15–25%
Win Rate 68.97% N/A ~50–55%
Profit Factor 3.61 N/A ~1.2–1.5
$100K Growth (21yr) $37.13B ~$630K ~$350K
Losing Years 0 3–4 4–5

Back-test period: Jan 2005 – Dec 2025 (21 years). All back-tested data is hypothetical. Past performance is not indicative of future results.

The Team

The team that built this strategy is the team managing it — providing full transparency and direct accountability to every investor.

JB

Joshua Barnes

Founder & Portfolio Manager

Sole architect of TRI Capital's proprietary systematic strategy. Over 8 years developing, stress-testing, and validating a rules-based intraday FX approach across 21 years of historical data and live forward-testing in production conditions. Built every component from first principles — pattern identification, signal engineering, back-test framework design, walk-forward validation, risk framework construction, and live execution oversight.

10+ Years Systematic FX Trading | Strategy Architect | 21-Year Validated Strategy

josh@tricapitalfund.com +1 850-776-1236
TW

Tony Wakley

Strategic Partner

Over 30 years of finance and systems design experience. Built the proprietary technology stack powering the MGI strategy — including the back-testing engine, risk analytics platform, and automated execution infrastructure. Responsible for institutional-grade infrastructure scaling and continuous system reliability.

30+ Years Finance & Systems Design | Technology Architect | Infrastructure Scaling

DG

David Guttman

Strategic Advisor — Capital Formation

Three-time Inc. 500 entrepreneur with multiple eight- and nine-figure exits across industries. Raised over $25 million in institutional and private growth capital. Oversees fund operational strategy, investor relations, and capital formation. Educated at Brown University (B.A.) and the Wharton School at the University of Pennsylvania (MBA).

Brown University, B.A. | Wharton School, MBA | 3x Inc. 500 Entrepreneur | $25M+ Capital Raised

dave@tricapitalfund.com +1 312-420-0758

What Happens Next

1

Request Data Room Access

Complete data room includes full trade-by-trade back-test records (6,606 trades), walk-forward analysis, methodology documentation, and live forward-testing logs.

2

Technical Due Diligence

Direct call with Joshua Barnes for a no-restriction technical review of the strategy, signal generation framework, and risk controls.

3

Structural Discussion

David Guttman is available to discuss fund structure, legal terms, fee mechanics, and investor onboarding logistics.

4

Review Offering Documents

Upon qualification, receive the Private Placement Memorandum, Limited Partnership Agreement, and Subscription Documents.

Request Data Room Access

We welcome detailed conversations with serious, qualified investors. TRI Capital’s team is directly accessible — there is no intermediary between our investors and the people responsible for the strategy.

David Guttman

Strategic Advisor — Capital Formation

Joshua Barnes

Founder & Portfolio Manager

Confidential. For qualified accredited investors only (Reg D 506(c)).