Introduction
Majestic Peak Trading
Majestic Peak Trading (MPT) is a futures and FX trading company headed by David Story, CEO. Majestic Peak Trading engages in several areas related to trading, including:
- Trading Education
- Trading Software
- Trader Mentoring
- Auto Execution programs
At the core of Majestic Peak Trading is David Story’s high risk/high reward trading which he has refined through trial and error and careful analysis of his trading results. These programs are the result of three years of development on his personal account for (Dragon Holdings Trust) which has been included in this document for your review
PFGbest.com
PFGbest.com (PFG) is one of the largest privately held FCMs for Futures and Forex with an international presence and a history extending over twenty years. PFG provides brokerage services, technological resources and back office support to Majestic Peak Trading and its subscribers. The Vendor Integration Division at PFG is the primary point of contact for MPT to include:
- Customer Service
- Technical Support
- Account Administration
- Auto Execution Administration
The team at the forefront the joint efforts of MPT and PFG are:
Ryan Hansen
Director of Vendor Integration
312.775.3594
rhansen@pfgbest.com
Market
Majestic Peak Trading focuses on the E-Mini S&P 500, Gold and Crude Oil which offer ideal market conditions, liquidity and volatility that meet Majestic Peak’s criteria for entry into the market. These factors, combined with the leverage inherent to futures contracts make these markets an attractive place for the SISO trading module.
Currently the most frequently traded contract for these programs has been the E-Min S&P 500 followed by Crude Oil and Gold. Trading could be conducted in additional markets that provide similar conditions and trade setups in the future.
Method
The trading method seeks to identify short term market corrections for market entry and to maximize the result through improving the average price basis of the trade, increasing the position size and profit potential accordingly. Trade entry is based on a proprietary system of technical analysis, allowing multiple markets to be potentially followed and traded, and trading can be conducted in both range-bound and trending markets. The trading activity is limited to short term, day trading time frames and positions are not held overnight, limiting exposure to intraday market movements
This process is made possible by the used of the proprietary trading module “SISO” which automatically executes the trades necessary for the improvement of the cost basis and establishes the profit targets based on predefined parameters.
Terms and conditions
Commissions are standardized at $6.00 per side. Fees are $1.85 per side for MPT Auto-Execution trades and are non-negotiable. (Fees are based on the E-Mini S$P 500 contract and include clearing fees, exchange fees, NFA fees, and transaction fees.) MPT program fees are $600 per month. The MPT monthly fee is charged only on months with gross profits based on individual accounts and will be credited back to individual accounts in losing months. Fees and conditions may change, and notifications will be sent out to all participants as time and conditions permit.
For the MPT Summit Auto-Execution Program, trade signals are produced when MPT enters a trade. A PFG representative launches the initial entry via the proprietary trading module as a block trade for all participants. The automated process has preset profit/loss and position multiplier targets. At launch, the system is fully automated to reach its predefined objectives. The MPT Twin Peaks Auto-Execution Program is fully automated based on MPT trading activity. These accounts will require capital equal to or greater than the MPT account being shadowed.
Special Notes:
1) Depending on market conditions, technical issues, and other factors, it may not be possible to take advantage of all entry signals.
2) Under certain circumstances, it may be necessary to modify, cancel or exit an auto- executed trade.
3) All trade signals are produced by MPT.
4) MPT reserves the right to make the decision as to the number of trading days it decides to engage.
5) MPT reserves the right to decide which markets it will trade.
6) Auto-Execution programs are day trading systems and typically do not require holding over-night positions.
***For more information call 312.775.3518.
