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The Programme is based on a multi-phase long-term trend-following system and is completely mechanical and broadly diversified. Sector weightings are determined using a proprietary orthogonal decomposition algorithm. The Programme seeks to profit from the long-term volatility manifested in major price dislocations, but insulate the equity curve from the impact of short-term volatility. Position liquidations are triggered by statistically significant adverse price action and never at pre-determined objectives. This strategy allows the system to participate in multi-year trends, generating commensurate profits. The system engages in options strategies to protect unrealized profits and reduce portfolio volatility.
Firm Disclosure
Mulvaney Capital principals include: Paul Mulvaney.
NOTE: If you want to learn about trend following trading in general there is one definitive text: the bestselling classic "Trend Following: How Great Traders Make Millions in Up or Down Markets" by Michael Covel. If you want to learn about the most famous group of trained trend following traders, the Turtles and their teacher Richard Dennis, "The Complete TurtleTrader" by Michael Covel is the only complete biography (with all of the Turtle rules) available. If you want to learn trend following techniques and systems through advanced home study and or seminars click here.