striker report
 
 
Mark P. Fahimi
President, Trade Like Pros LLC.
Program(s) Developed: Zeus Swing, Power Es, Poer TF, Power NQ QUant ES, Quant Gold, Quant NQ, Quant TF
Interviewed by John F. Gallwas, Founder of Striker Securities, Inc.
Mark Fahimi graduated from Toronto's York University, Canada's 3rd largest university, in 2000, majoring in computer science. In 2003, after years of developing trading systems for other financial organizations, he became interested in the rapid growth of hedge funds and the role of automated trading systems. Demand for quantum market analysis was high due to multiple trends and the increasing complexity of the markets. This created a need for individual traders have access to pricing and risk models to compete in the marketplace. In 2003 Mark gathered a team of professionals in mathematics, finance, and computer software programming, to form Trade Like Pros LLC, in Toronto Canada, moving to Los Angeles, California in 2010. The team's objective: "Provide traders and frequent investors with real world fully automated quantitative trading systems and portfolios." Their goal is to offer traders scientifically designed trading systems and portfolios that would avoid crashes, have minimum drawdowns, and generate consistent returns.
John F. Gallwas: How do you define quantitative trading systems "quants" ?

Mark Fahimi: Quantitative trading is a scientific approach based on hypotheses and empirical testing. Wikipedia defines Quants: "The Rocket Scientists of Wall Street". Quants trading systems, used widely by sophisticated hedge funds, are also accessible by system developers like Trade Like Pro LLC. As financial markets become more complex the demand for the design of trading systems by experts who not only understand complex mathematics models but that can provide these products to traders will continue to increase.

John Gallwas: What are the risk / reward objectives for your algorithmic trading systems?

Mark Fahimi: We have two major trading system groups, the Power-Trading Systems and the Quant-Trading Systems.

++++ Power strategies: Winning trades average +$900 and losing trades average -$480.
++++ Quant portfolios: Winning trades average +$1,900 and losing trades average -$770

John Gallwas: What are the capital requirements for you trading systems?

Mark Fahimi: Algorithmic trading is growing rapidly across all types of financial instruments, accounting for over 73% of U.S. equity volumes in 2011 (Reuters and Bloomberg). At Trade like Pro LLC we offer two algorithmic strategies. The Quant strategies requires $7,500 capital to trade. Our Power strategies require $25,000, because these systems are based on the use of multiple positions.

John Gallwas: Do your trading systems require periodic updating and if so is it scheduled or event driven?

Mark Fahimi: Most our systems are "position or swing trading" and the holding time, depending on the market, can vary from days, weeks or even months. In this type of environment, our systems are designed to be self-correcting and do not need to be adjusted overtime.

John Gallwas: Do you have any new products that you can share are with us now?

Mark Fahimi: As a matter of fact, we recently finished two new systems designs for Russell 2000 mini futures (TF) and NASDAQ Mini futures (NQ). The Systems are called Power-TF and Power-NQ and they run on 60 min time periods. Although the shorter time intervals generate more activity, the objective is to allow these swing trading programs to catch shorter term market cycles.

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.
Developers Interviewed:
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Published at Striker Securities, Inc.
940 N. Industrial Drive
Elmhurst, IL 60126, U.S.A.
(800)669-8838 / (312)987-0043
www.Striker.com
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