ApexAlgo FX — Investor Tearsheet

Account I (this page): live account — spot trades are real fills. Options: modeled, not traded. All hedged / straddle figures are simulated overlays with the strategy's 30-day expiry rule enforced retroactively. Account II is a demo account. See the Hedge Report for methodology and per-event disclosures.

Annualized Return

74.8%

130.9% period return

Net Profit

$96,121

on $73,425 capital

Max Drawdown

5.2%

hedged overlay, monthly basis

Monthly Avg

6.23%

21 months

Win Rate

91.4%

548 trades

Sharpe (spot) 5.30

Sortino (hedged) 5.51

Calmar (hedged) 4.75

Profit Factor 6.90

Trades/Month ~26

Pairs 26

Monthly P&L

Unhedged

Single Option

Straddle

Cumulative P&L

Unhedged

Single Option

Straddle

Strategy Comparison

Metric	◆ Straddle	▲ Single Option	Unhedged
Net Profit (21 months)	$56,609	$43,361	$96,121
Hedge Cost	-$10,936 (-11.4%)	$2,312 (2.4%)	—
Maximum Drawdown (monthly)	$6,805 (5.2%)	$5,855 (5.0%)	58.6% intramonth
Maximum Single Loss	~3% of doubled notional + premium	~3% of doubled notional + premium	Unlimited
Sharpe / Sortino / Calmar	2.21 / 5.51 / 4.75	2.20 / 4.44 / 4.23	5.43 / — / —
Negative Months	3 of 21	3 of 21	0 of 21
Open-Ended Risk	None — mandatory close at expiry	None — mandatory close at expiry	-$19,306 unrealized open P&L

Hedged columns are the rule-enforced model: every doubled position is force-closed at its option expiry (30 days); positions the real account held longer are closed in the model at the expiry-date spot. Premiums are priced at the bid/ask midpoint; a worst-case full-spread variant is disclosed on the Hedge Report as an execution sensitivity. Per-event actual-vs-model divergence is disclosed on the Hedge Report.

View Full Hedge Report →

Trade Outcome Model

90.7%

Normal Trades

Standard mean-reversion trade. Opens, reverts, closes in profit. No doubling required.

+0.2% per trade

8.2%

Double Recovered

Adverse move triggers double & straddle purchase. Position closes inside the 30-day hedge window; options are sold back.

~breakeven minus hedge cost

1.0%

Force-Closed at Expiry

Position still open at option expiry is mandatorily closed. Loss capped at ~3% of doubled notional plus the hedge premium.

worst case at current sizing: ~$37,000

Rates are rule-enforced trade-event outcomes for Account I (456 A / 41 B / 5 C of 503 events, Nov 2024 – Jul 2026; 1 double currently open). Per-account, per-year breakdown on the Hedge Report. Worst case = 3% of doubled notional + premium at the largest 2026 event sizing.

Strategy Overview

Mean-reversion algorithm trading 25 FX pairs with options-based tail risk hedging. When the algorithm doubles position size, a 30-day strangle (put + call, 1% OTM) is modeled: the protective side caps loss at ~3% of doubled notional plus the premium, enforced by a mandatory close at option expiry. Spot fills are real (21 consecutive profitable months unhedged); the hedge overlay is simulated and has cost -11.4% of spot P&L under the rule-enforced model, including 3 negative overlay months. See the Hedge Report for the full cost breakdown and per-event disclosures.

Risk Management

No position without a defined exit
Every loss bounded by option strike
Diversified across 25 FX pairs
Real-time P&L — halt at any time
Failure mode visible month-by-month