I think I follow. So you may have e.g. 371 Bitmex accounts over which investors' money is spread, but you only show these six indicator accounts' trades? How do you manage to make the ROE for the entirety of the accounts reflect accurately in a summary of only six of them?
We trade in arrays of six accounts (30, 36, 42, etc). Each group of six makes the same trades (+/- 0.1%) as indicated on the indicator accounts. We do not publish the balances of the client arrays so that market makers can't counter-trade against our book.
Client funds are traded as a single liquidity block and are comingled with all Templar Fund assets during trade cycles.
Sorry if I'm being unclear, let me give an example. Last week, I completed 14 BTC trades. Ten were profitable, four not. If someone asked me how last week went, I could point to eight of the profitable trades and say "Look, great, I made x", whereas the big (real) picture would be different.
Also, you say quite clearly
we publish proof of every single trade we make.
We Publish Proof of Trades: we make every trade public
But above you say that you don't?
Each client enters our trade array, which is composed of groups of 6 accounts. Their funds are spread amongst the array and are traded with the combined funds from other users. When we say that we publish every trade, keep in mind that our indicator accounts are running the exact same program as the actual trade array. Their respective entries and exits are nearly identical.
Imagine if we published the actual array accounts: aside from reading hundreds of pages of trades, you'd also see deposits and withdrawals. Tracking profit (account growth) would be impossible for casual viewers. Instead, we deposited an initial sum on the first day of our public offering to the indicator accounts and have never added funds to them. Therefore, the growth of each indicator account accurately reflects the trade program that all clients are participating in. It's a matter of presenting clean and simple data. We use the indicator performance as our performance benchmark. In other words, if the indicator array earns 1%, but the actual array earned 0.9% due to liquidity velocity, we still credit clients 1% on the period.
Congrats on the 10/14 trades, by the way.
